My Bitcoin Cash Journey 2021 (The Gains and Losses)
January 4, 2022
Bitcoin Cash played an important role in my crypto journey in 2021. It all started when I stepped into this community in 2020. Through this platform, I acquired new knowledge and skills that I was able to apply in my real life and in investing. Without this community, I wouldn't be able to learn about DeFi or Decentralized Finance which is constantly filling up my crypto wallets with different coins. And because of Bitcoin Cash, I was able to build a portfolio that I never had before.
My BCH all started from a few cents worth of Bitcoin Cash, acquired from read. cash's point system. Whether you believe me or not, that amount was already too huge for us newbies on this platform. I felt blessed as well for knowing a platform that gives out real payout, not a scam like other crypto platforms.
From a few cents to a few dollars, to a few hundred, to a few thousand worths of Bitcoin Cash. That only proved that your One BCH Today Is Worth Two Tomorrow. It's just a matter of hard work and perseverance, sticking to a positive perspective, and non-stop pursuing of goals.
At the start of 2021, what I only had in my wallet was more than 1 BCH. And it was still January when my 2 BCH Goal was reached. It was all thanks to the sole sponsor of this platform sir Marc, who started to notice me and helped me achieve my BCH Goals.
From one to two BCH. Then I pursued it to 5 BCH. I even asked myself, 5 BCH Goal, can I achieve it? Again, nothing is impossible if you have the determination. Who would have thought that within 3 months, an unexpected blessing came that made me reach my 5 BCH goal in just a short period? I even got more than that. And just after 2 months from achieving my 5 BCH Goal, another blessing came that made me achieve my 10 BCH Goal. It was the greatest reward I ever received along with my read.cash anniversary celebration.
So 10 BCH in six months of blogging, making noise, trading, lending, and, drops is actually possible. There are a lot of ways you can do to grow your Bitcoin Cash, you just need to explore this cryptoverse and try those ways cautiously.
Did I stop setting BCH Goals?
From 1 BCH to 5 BCH, then 10 BCH within six months. It was still too early to stop setting new goals, so I pushed it to 15 BCH Goal before the year ends. Just four months after achieving my 10 BCH Goal, here comes the end of October and I finally achieved my 15 BCH Goal.
At the end of October, my 2021 BCH Goal was achieved. The fruit of hard work, patience, and perseverance. Despite having a plethora of challenges that fell in my way, I never stop pursuing my goals as quitting isn't my forte.
However, we can't deny the fact that losing is also part of this game. It can't gain all the time, there will always be Gains and Losses.
The evolution of SmartBCH helped a lot to grow my Bitcoin Cash. My initial investment of 0.329 BCH turned 0.7 in just a few days from trading the pioneer tokens of SmartBCH, EBEN, and CATS. That gave me more than $300 profit from SmartBCH tokens in just 9 days. (Not including the other tokens in the wallet).
As days passed by, more and more tokens and DEXs popped out of the SmartBCH market that opted me to take advantage of buying them at lower prices. In October, I added my investment to 1.48740284 BCH and the profit tripled to 3.509885756 BCH at the end of the month.
In November, I increased it again to 3.09540284 and added some CATS, JOY, TANGO, LAW, 1BCH, and rBCH. And at the end of the month, my SmartBCH portfolio tripled again to 9.596208667 BCH.
Then I opted to increase my investment again to easily grow my Bitcoin Cash as I thought that they are just sleeping in my wallet and BCH price isn't progressing. I added more profitable tokens such as CATS, KONRA, and LAW. And new DEXs 1BCH, TangoSwap, and Tropical Finance were launched, and I invested in them as well. From 3.09540284 BCH, it became 7.67518358 BCH, excluding the earned profits I used in investing in some tokens.
How much is my profit then? The top gainers and losers
Among all my tokens, EBEN will always be my top gainer for as long as it won't go below its presale price. From 0.2+ investment, it is now worth 3.45 BCH at the time of writing. Next is BPAD. Unfortunately, I got weak hands and sold some earlier as I thought I could buy them back. However, it continued to grow higher day by day. I sold 30K for only 0.3+ BCH and my 50K BPAD is supposed to be 3.1 BCH by now from 0.5 BCH investment. Nonetheless, I still have 1.27 BCH in it.
I added more CATS as I thought I could grow my BCH through investing in it. Unfortunately, it dropped eventually after buying some and it takes almost a month to recover some of my losses from it. My 5.9208897 BCH total investment in it is already 6.98306 BCH at the time of writing. At least, I still have 1.0621703 BCH profit from it.
Moreover, MIST, LAW, CLY, AXIEBCH, and DAIQUIRI are some of my top gainers. JOY, WOJAK, and GAME are giving me small profits as well.
However, not all days are winning days because there are always losing days. Here are my top losers:
MAZE -99.9267%
BABYEBEN -74.3156%
CANDYMAN -70.2817%
MILK -68.6301%
1BCH and rBCH - 69%
TANGO -65.825%
ORB -59.5708%
KITTEN -50.3152%
KONRA -36.0497%
KTH -15.9069%
And if I will total all of my losses in SmartBCH, that would be 0.51425077 BCH, excluding the BCH I lost in different rug pulls.
Nonetheless, if I will total all the value of my SmartBCH tokens, it would give me an 84.9257% increase or 6.51820439 BCH profit and a total of 14.19338797 BCH.
Despite the losses and rug pulls, the profits are still higher. So investing in SmartBCH to grow my Bitcoin Cash was still a good decision. For now, I stopped buying new tokens as more rug pulls happened lately, and I would just focus on spot trading using the existing tokens.
And since I increased my SmartBCH investment, that also means that my Bitcoin Cash wallet decreased in amount. The 15 BCH isn't 15 anymore as it goes down to 10.32466247 BCH, but should be 17.58713664 BCH by now. Yet, I don't have to worry about it as it is secured on SmartBCH. I'm just waiting for the right time to take my investments back. With the current market situation, it is not the right time to sell yet our tokens, except for the ones with a huge increase in prices. Indeed,
Wrapping up...
Adding all the BCH value of my SmartBCH tokens and the current BCH amount in my wallet, that will give me a total of 24.518 BCH. But profits from different DEXs aren't included as I do not have enough time to monitor and record them all.
This year of 2021 was indeed a fruitful one for all of us, especially when noisecash was introduced to the community, and Rusty has become generous to most of us. Moreover, SmartBCH gives us more opportunities to earn BCH and other tokens.
My SmartBCH Adventure: The Fruit Of Bitcoin Cash will continue and let's hope for more profits to come.
🥂🥂Cheers to a fruitful and prosperous 2022 🥂🥂
Drafted this last December 31, 2021, so the prices are different now.
©read.cash/@Jane (All Rights Reserved 2021)
You have given much times for this post too. Appreciated your hard works jane ❤