July 1, 2021
An Arduous Month With Bitcoin Cash, The Lessons I've Learned From The Market Crash
This article above was posted last month of May and we have witnessed how the crypto market crashed and plunged to the bottom because of escalated FUDs. Because of the plunge, we got more than a 50% dropped in our crypto portfolios. We thought that the market will recover but another source of FUD came last month, the death cross, affecting the BTC price and pulling down most of the Alts in the crypto market.
Bitcoin Cash Investment Gone Wrong? The Death Cross Effect
Did it go wrong? Of course NOT. Because every downside only allows us to accumulate more Bitcoin Cash and other cryptocurrencies. So far, the death cross effect wasn't that horrible as expected. This may be due to positive sentiments of different crypto-traders advising crypto-enthusiasts not to believe in circulating negative news of the media. We've seen downsides but not too DIP as the previous month.
And because of the low prices, we have accumulated more BCH compared to previous months. It's not the price that matters here, but the amount of BCH in our wallet.
How did I accumulate this number of BCH in just 6 months? When this year started, my goal was only to save 5 BCH for the whole year. But this is a lucky year for me, and the blessings didn't stop from coming and I'm always grateful for every blessing, small or big, that I'm always receiving from this crypto world especially from these two BCH platforms, noise/read cash.
This is not to brag but to inspire especially the new users not to lose hope in pursuing their BCH goals and other goals in life.
To be honest, I only started tracking my BCH savings this year since I was too lazy to do it last year. And I was also inspired by other users like @Eirolfeam2 setting their BCH goals and tracking their BCH journey, and so I started to track and build my crypto portfolio. For my readcash and noisecash earnings, I only started tallying them last April, so I don't have the exact BCH amount from January to March.
January 2021
The first day of the month wasn't that lucky for me, as usual, the bot was always so random to me since day 1. But since November 2020 I learned how to trade with the help of other users like @Eybyoung @Kryptlook. By this month, my BCH was only 1.60447049 BCH which you can read from this article Road to 2 BCH, My BCH Journey. Newbies today can save 1 BCH as fast as 1-2 months unlike in our time.
Some of my BCH were sold to buy some crypto like BTC and XRP as part of diversifying my crypto portfolio, and some were used for Future trading. While my earnings from watching videos on Coinbase and posting articles on Publish0x were converted to BCH.
Just after posting these three articles, my 2 BCH Goal has been completed.
How readcash And Bitcoin Cash Changed My Perspectives In life
Nothing Is Impossible If You Have The Determination
It was because sir Marc De Mesel upvoted these three articles with $320 worth of BCH and the very first time he noticed my articles.
February 2021
By February 6, 2021, my BCH was already 2.31239801 which you can read from this article 5 BCH Goal, Can I Achieve It?
As you guys can see, my goal was only to achieve 5 BCH for this year. I almost lost $100 BCH due to my careless act but thanks to @Ruffa she saved me from being doomed. And this month, I received another upvote from sir Marc which was $120 worth of BCH from these articles, Bitcoin Cash: The Coin Of The People, The Real Bitcoin
I Owe BCH A Lot And The Reasons Why We Are Spreading BCH Awareness
This month, I have lost more than 0.2 BCH in future trading because of the weak strategy which you can find in these articles,
My Crypto Trading Journey: Did I Succeed?
My Crypto Trading Journey: What Have U Learned? Should I Give Up?
But by the end of February, I already have more than 3 BCH. No exact amount since I wasn't able to record it. The month of February was a bull's month for the crypto market where BCH and other cryptos got their new ATHs but eventually plunged when the bear market took over.
March 2021
This month, we have seen an increase in the tipping system of readcash. The upvotes per article increased, which may be because the admin increased the daily spending from $500 to $1000. And in this month, I got more than $200 worth of BCH from the bot. Meanwhile, my noise.cash earnings from January to March were used to buy BCH-NFT Waifus at the Jungle and my trading profits on Stormgain were converted to BCH.
The market turned red in March due to crypto prices corrections. However, in the middle of the month, the bull market took over and BCH reached another ATH as well as other cryptocurrencies.
April 2021
It was this month when we saw a huge increase in BCH price after the controversial debate of Kim Dotcom against the BTC maxis and the undervalued BCH has been valued. More projects were launched and proposed under the BCH chain that also give a huge impact on BCH price which you can read in this article Here's Why Bitcoin Cash Will Make A Giant Leap Sooner Or Later And Why You Should Save More BCH.
This month has been a fruitful month for me as well when I have reached two huge goals. My $5,000 worth of crypto goal has been achieved because of the huge increase in BCH.
A One Time Achievement With Bitcoin Cash
And just after 5 days, I have reached my $10,000 worth of cryptos goal because of the unexpected FORTH Airdrop. I have sold some of the FORTH to buy 3.98582367 BCH.
$10k Crypto Goal Achieved, I Sold Forth To Buy BCH
An unexpected event also happened when I got $172.84 worth of upvotes from the bot for four consecutive year days only. It was maybe the payment for the unpaid articles in the past few months. I also started sending my readcash earnings to Nexo to generate 5% daily interest and I started to save $2 BCH daily for my new laptop.
By this month, my BCH was already 7.87602559 BCH.
May 2021
May was the unluckiest month for the crypto market due to FUDs, BTC crackdown, and strict regulations, and my portfolio dropped more than 50%. Along with the market crash were the lessons and we have learned that when the market goes south, keep calm and stick to your goal, we are still gainers. Despite the market crash, it didn't stop us from accumulating more BCH. And this month I got another huge upvote from sir Marc after posting my article,
One BCH Today Is Worth Two Tomorrow, How I Got My 7 BCH
By the end of this month, I already got 8.79804515 BCH.
June 2021
From the unluckiest month of May to the luckiest month of June. The 17th day of this month was my one-year stay here in readcash. Aside from this milestone, sir Marc upvoted my anniversary article with $1,000 worth of BCH.
An Awesome Year With readcash And Bitcoin Cash
And additional $300 from these articles:
The Best Crypto Blogging Platform? Only readcash
What If Marcdemesel Stops Sponsoring readcash? How Will It Live Longer?
Let's break down my Bitcoin Cash earnings.
My readcash articles upvotes from January to June. (I only started tracking the BCH amount last March up to date.)
My noisecash tips from April to June.
My BCH Wallets
From 1.60447049 BCH last January 15, 2021, it is now 11.56167772 BCH.
3.98582367 BCH from FORTH Airdrops
7.57585405 BCH from blogging, making noise, trading, and lending, including my investment using my real money.
And some BCH was spent for upvoting different articles.
So in six months, I was able to save 10 BCH.
The huge upvotes of my readcash articles came from sir @MarcDeMesel and I will always be grateful to this man for being generous to strangers and his non-stop support to this platform.
New Goals
20 BCH and
$20,000 worth of cryptos by the end of the year
Six months is down, and six months more left. We're wishing for the BCH price to go back to $1,000. But isn't great if the BCH is low because we can accumulate more Bitcoin Cash? And once BCH gets back on track as well as the crypto market, we will all rejoice and will get higher returns from our BCH investment.
HOLD-SPEND-REPLACE your BCH while we are waiting for that to happen.
You can check my monthly recaps here:
FebLove Recap: Bitcoin Cash, The Market And Me
March 2021 Recap: Bitcoin Cash, The Market, readcash and Me
April Fools Month Recap: How Far Did I Go?
An Arduous Month With Bitcoin Cash, The Lessons I've Learned From The Market Crash
Thanks for your time
Oh wow. Sana makaipon din ganyan kalaki. Congrats! Hahaha. Newbie pa ako dito pero sana makaabot din sa ganyan kalaki soon.