September 7, 2021
Ever since I stepped into the sphere of SmartBCH, I just can't take it off my mind. Checking $EBEN and $CATS prices from time to time since they are only infants and still carry some risks.
I got some $CATS from different giveaways and I was able to accumulate 166K $CATS. Meanwhile, BenSwap is the very first DEX on SmartBCH, so I took advantage of it and dived into its pool to become one of its pioneers. With this, I transferred $200 worth of Bitcoin Cash to my CoinFLEX wallet and sent it to my Metamask wallet to invest in SmartBCH projects.
The Presale price of $EBEN was only $0.122 which was so affordable and so I bought a thousand of it worth $122.86.
The APR of the BenSwap EBEN pool was promising so I staked my 1000 EBEN with 1,688.66% APR on August 27.
The Presale ended on August 28 and my staked EBEN started to earn more EBEN. After 8 days of staking, I got 100.188 EBEN profit from it worth $134.38 at $1.316 EBEN price.
I had a feeling that EBEN's price would still pump higher, so I bought more EBEN using the remaining BCH in my wallet and saved some for the fees. My 0.1 BCH was able to buy 53.225 EBEN at a $1.316 price.
I then staked it together with my 100+ EBEN profit from staking and got a total of 1,153.846 EBEN staked on the pool.
Here comes Monday, a very productive day and a buzzing day as well in the SmartBCH sphere and BCH community. Upon checking the prices on BenSwap, I was amazed at how $CATS pumped so high. The 1M $CATS given to the receivers of the airdrop was worth 4+ BCH already. Those who did not sell got an instant $2800+ worth of BCH. Those who have weak hands, perhaps, have regretted a bit, or much, lol.
I was checking the prices from time to time and I noticed that its price was decreasing. So without hesitation, and per PVM's advice to make some profit, I did sell 66K $CATS to take profit from it and got 0.24+ BCH worth $100+. I got it for free and gained a hundred bucks, that's awesome.
I have told myself before that I will make my investment back once EBEN reaches $1. But I noticed that it's awesomely increasing so I just hold my temper, lol. But yesterday, the EBEN price reached $2.07+ and I thought it's the right time to get back my investment especially when I saw its price dropped to $2.022.
With that, I unstaked the excess of 1000, together with my 1day profit (9+ EBEN), and swapped it to BCH. The 162 EBEN I swapped was worth 0.43+ BCH or $300+.
THE PROFITS I GOT:
From the 66K $CATS I sold, I got 0.24312 BCH.
From the 162.29+ $EBEN I unstaked, I got 0.436796 BCH.
Which gave me a total of 0.679916 BCH from these SmartBCH tokens. After 9 days of investing in the SmartBCH projects, my $200 worth of BCH investment became $500+.
Thus giving me $300+ profit from it and my Bitcoin Cash increases from 0.3+ to 0.7+ BCH, so it doubled my initial investment.
Was my action worth it? Or did I get FOMOed?
After a few hours, I checked back the $CATS price and it dropped almost half of the price from that morning.
Therefore, selling some of my $CATS was the best decision and I got free $100+ from it. However, in the afternoon, its price goes up again. But no worries about that, for as long as I got some profit from it.
For the $EBEN, the price increases again to $2.2. But at least, I have peace of mind now knowing that I made my initial investment back, it's even doubled. And it's on its way to $3. Keep pumping EBEN.
What did I do with my profit?
Risk-taker at its finest!
I swapped back the 0.35 BCH profit as I saw the EBEN price was increasing again and might reach $3 very soon.
This is how you'll get more profit here, let your profit roll. Just like what PV said ๐. And I'll take it from an expert.
These are the perks of taking the risks in the DeFi space. They said that the higher the risks, the higher the returns. And these acts are just for risk-takers. So if you are not one, don't dare diving into the risky pool of DeFi space if you can't bear the consequences.
I'm putting huge hope for $EBEN because I can see it as the next $CAKE of SmartBCH. And $CATS will be the cutest fur crypto of SmartBCH.
Again, the content of this article is for educational purposes only and not financial advice. Always conduct due diligence before taking any actions. And again, only invest what you can afford to lose.
Related article: Diving Into The Sphere Of SmartBCH (Trying The BenSwap Pool)
By the way, there's new fur crypto, lol.
If you did not add $KITTEN to your smartBCH wallet yet, here's the contract address.
0x7ebeadb95724a006afaf2f1f051b13f4ebebf711
$KITTEN
#BCHAdoptionIsRockingTheDeFiSpace
#๐EBEN&CATS
Thanks for your time.
Diko sita maintindihannate kung pano ๐ญ jusko pati sa steppings naguguluhan ako