I'm Grateful For My BitCoin Cash Earnings for July
Two weeks ago...
I need some cash badly... But the Bitcoin Cash is way too low. I will wait later, the price might bounce back up a little bit...
A few hours later...
The prices went down further.
I should have sold some earlier... Now I need to sell at a much lower price!
This was my situation last week. and it wasn't the first time it happened. I waited for the price to go up. Instead, it went down. And out of necessity, I have to sell some of my BCH earnings.
Probably, I'm not the only one who experienced this. Waited for the price to go up only to see it go down and all we can say is...
"I should have sold it earlier"
Hello, readers. Who among you has experienced this?
Those who had been following me know that since June, my only source of income is read.cash and noise.cash. (Read: I will be Living by my BCH Income for the Next Two Months )
And by the looks of it, it will be extended for three months.
I wrote that article sometime in June. The month when BCH reached its All-Time High (ATH) value... And before it started its steep dive.
At a high price, it was easy for me to say I can live off my BCH income. I even made a plan to save up to 1 BCH within 3 months or so.
Read: How Do You Plan To Spend Or Save Your BCH Earnings?
But when the price dropped, everything has changed. My gratefulness was replaced by anxiety.
"I should have sold when it was at its peak! And I should be buying a lot more at this time!" I repeated to myself.
But I kept reminding myself (and the others) not to worry. Why? As the price drops, read.cash and noise.cash users earn more BCH.
However, I can't deny that I need cash.
I Changed My Way of Thinking
Then I changed the way I think. All the BCH that I have is earned. My only investments are my time and efforts in writing the articles, taking the photos and the drawings.
I have to be grateful. It doesn't matter if the price is high or low, I am grateful for the BCH I earned from read.cash and noise.cash.
But I had to revise my strategy in selling and saving. With the highly unpredictable changes in the price, I can no longer follow my previous strategy to save at least 20% of my BCH earnings.
Instead, I set my minimum earning goals for both read.cash and noise.cash for every 7/8 days. If I reached my goals I will redeem my earnings from read.cash. And my earnings from noise.cash serves as my BCH savings.
So instead of checking the BCH price regularly... Which gives me an anxiety attack sometimes... (Well not really, maybe just a bit of anxiety)... I just monitor my earnings in read.cash and noise.cash. And redeem the amount in my read.cash wallet leaving at least two dollars for upvoting and sponsoring purposes.
I'm Grateful For My July Earnings.
It's been a difficult month for me. I haven't reached my goal for July. Doing everything using a mobile phone is not that easy.
I was able to post 14 articles only in read.cash. And I had a couple of short trips to noise. cash's zero zone (that's when my posts got zero tips for a day or two).
Plus I got distracted by playing a mobile RPG game called Last Day On Earth.
Nevertheless, I'm grateful for my earnings for July.
So, not minding the price, with seven articles in the first week, I earned at. least $50 of BCH. I redeemed that amount to pay my phone bills. Then on the second week, I got only about $30. And on the third week, that's when I got distracted, I got another $20 or so.
And for the last week of July, I have about $28 left in my wallet.
And in my coins wallet, I still have .264+ BCH left. It could have been more if I had been more active in noise.cash.
Anyways, I'm grateful for my earnings and I'm grateful for read.cash and noise.cash.
And of course, I'm grateful to those who continuously upvoting my articles and comments.
Also to those who found my articles useful and gave me positive feedback. Each article is written with the human readers in mind... Meaning you...
Hey Rusty, I did not mean to leave you out, I am most grateful to you! (Why am I talking to a hot, anyway?)
Lastly, thank you @Panky! A fun guy whom I met in Tsu( Display), PBF, and WowApp. Thank you for your sponsorship.
Let's have a more productive month this August
Thanks For Reading
(Posted July 31)
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That time when BCH reached its ATH, I was happy for everybody but deep inside I was crying. It was April when I lost my wallets because my phone wouldn't open. So I only had a few during the ATH. Super ouch.
With regards to selling, I sell whenever it has reached my quota. For example, I transferred $20 worth of BCH. I would convert it if it is equivalent to at least Php1000. I have no choice if it becomes lower especially if I badly needed the money. But I always have those hopes...hoping that the 1k would still go up. LOL.