September 29, 2022
I rarely take my profits back after investing in SmartBCH for over a year.However, those profits are just invested back into other projects. The more or less 15 BCH investment is supposed to be 30+ or higher BCH by now if only I did what was supposed to be done. I feel like I am not a good investor since I'm only taking action when it is quite late. But it's better late than never and get nothing at all.
I recently began doing things to make up for my losses and I started it with my LAW PUNKS. I can't remember when LAWPUNKS started, that was probably in the late quarter of 2021 and I was able to mint one LAW PUNK. The other one was given by a group member of Club1BCH.
When BlockNG introduced Staking LAW PUNKS, I did what was the right thing to do and staked these two. Later on, they were upgraded to levels 1 and 2, respectively, to get higher staking rewards. I can't see my record from the previous year, but from the beginning of this year, I was able to harvest about 433 LAW from staking these two PUNKS.
As months passed by, the block rewards are decreasing so when I saw MJ selling her PUNKS, I was inspired to sell mine too to make up my losses. I unstaked my PUNKS and place them in the marketplace for 600 LAW (female cyborg) and 950 LAW (police punk) prices.
I actually placed them first in the market for higher prices since they both have higher levels and power, but thinking about the possibility that they might remain unsold, I opted to lower the prices for practical reasons.
Surprisingly, the one was sold for 600 LAW which is worth 1.2BCH at the current LAW price. It has lower power and level compared to the other one, so I didn't expect it to be sold that fast. Fortunately, someone bought it which gave me some profits. This was given for free, thus, I got free LAW as well.
The profit will then be sold once the LAW price increased more. And I hope the other one will be sold as well which will give me a higher profit if it happens.
Slowly, I want to recoup my investment and losses in SmartBCH. Now that CoinFlex is back to business with SmartBCH, many are hopeful to see recovery in the SmartBCH market. A lot of bad happenings have tainted the reputation of this chain, causing many investors to leave the community. It such saddening to think that there are people who will do bad things for the sake of money without thinking about the consequences and the small investors that will be affected.
I am still hopeful with SmartBCH, especially with the tokens LAW, CATS, EBEN, MIST, and more, because that is what I needed to do to recover my losses. One of these days, I might go back to SmartBCH trading. And hopefully, by that time, I could apply a better strategy that would help me recoup my losses.
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Ang sweet sis! Congratulations! Nka stake pa rin yung zombie ko don sa BlockNg.