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@Jane

SmartBCH Tokens Trading

***October 14, 2021*** This was supposed to be a continuation of my article yesterday Muesliswap Staking. But since it's quite long, so I opted to make a separate article for this. https://read.cash/@Jane/muesliswap-staking-b092509b Aside from staking SEP20 tokens, I also started trading on different DEXs last week, whichever has a higher price for selling and a lower price for buying, using the top tokens on my portfolio: EBEN, CATS, AXIEBCH, KTH, MIST. You can also check my first post about SEP20 tokens in my wallet here. https://read.cash/@Jane/14-days-in-smartbch-sphere-did-i-lose-bch-the-sep20-tokens-in-my-wallet-054e694d ****MIST STAKING AND TRADING**** When I learned about MistSwap, I immediately checked the platform and I was surprised to see huge APRs. However, the MIST token at that time was quite expensive like 0.4+ BCH per 1000 MIST, so I hesitated to buy the token despite its huge APRs. But after a few hours, I saw its price dropping drastically and I waited for it to drop lower. The next day I decided to buy 1000 MIST worth 0.042994 BCH. Imagine that drastic drop, from 0.4 BCH to 0.04 BCH. It was indeed a good decision for me to wait longer. I guess 😅. But after staking my MIST, the price dropped again, lol.

I placed my 1000 MIST on the farm, paired with 33.05 FlexUSD and I got 172.51 LP tokens to take advantage of the 28,959% APR. After 24 hours, I was able to farm 1960.76 MIST and harvested and sold them all while the MIST price was soaring high. From the harvested MIST, I got **0.0742481 BCH**.

So that serves as my profit and my 1000 MIST is still accumulating more MIST on the farm. ****EBEN TRADING**** While MIST was soaring high, EBEN was dropping down to $0.2+ per token. And I took the opportunity to accumulate more as my goal was to save at least 2,000 EBEN. Using the profit I got from selling MIST and some of my BCH in my wallet, I bought a total of 613.776 EBEN worth 0.2404924 BCH through two separate trades. First trade: Buy 213.776 EBEN worth 0.0809514 BCH Second trade: Buy 400 EBEN worth 0.159541 BCH I intended to use some of them for trading to take advantage of the volatility of the market, and some will be added to my staked EBEN to accumulate more EBEN. 200 EBEN from my first trade were saved for trading and the rest were added to the pool. I was able to sell 200.017 EBEN when the price went up to $0.3+ per token and got 0.10865 BCH from it.

So my profit in trading EBEN was more or less **0.0276986 BCH**. ****OCATS TRADING**** When EBEN went down, CATS was dragged down as well and even dropped below 1BCH per 1M CATS. Unfortunately, I wasn't able to chase it before it crossed over 1BCH again. But the price was still a great buy so I bought 400K CATS worth 0.501641 WBCH as my goal is to accumulate 500K to 1M CATS. If only I had more than 1BCH in my Metamask wallet, I should have bought more. But even if I transfer BCH from my Bitcoin.com wallet, the process of sending from CoinFlex to Metamask takes more or less 30 minutes and the CATS price increased shortly after I bought some.

Nonetheless, that was still a good buy. Then I started selling some CATS when the price started to increase because I thought it would go down a bit before it goes up again. I did three different trades on different days. First Trade: Sell 200K CATS worth 0.378065 BCH Second Trade: Sell 100K CATS worth 0.190181 BCH Third Trade: Sell 100K CATS worth 0.288877 BCH **TOTAL: 0.857123 BCH** **Profit: 0.350082 BCH** As you have noticed, the price keeps on increasing and I kept regretting selling too early, lol. Because I really thought it would drop first before it goes up again. But at least, I got **0.350082 BCH ($200+) profit** from my CATS. And at the time of writing, CATS was down to 20% so I took the chance to buy back 100K CATS.

I just have to wait for another dip so I can buy back the other 300K CATS I have sold and the price should be below 0.568246 BCH for 300K CATS, or else, my profit would go wasted. ****KTH TRADING**** When KTH organized a meme competition, I was lucky to be one of the winners and won 10K KTH. But prior to the competition, I already bought 10K KTH as I saw potential in it. Buy 10K KTH worth 0.03531154 BCH When they conducted drops for liquidity providers, I supplied my BCH/KTH to BenSwap LP farm to avail the drop and I got 3121.50 from it. Then pulled the LP after I received the rewards because I don't want to get a huge impermanent loss for my BCH. KTH price continuously increased and even reached $0.004+ per KTH. But I was too early to sell again and I only got 0.0558698 BCH. Sell 10,000 KTH worth 0.0558698 BCH

So the profit I got here was only **0.02055826 BCH**. Better than nothing. ****AXIEBCH TRADING**** From the AxieBCH presale, I bought 10K worth 0.07 BCH and started trading when its price increases. Sell 5000 AXIEBCH worth 0.0532624 BCH Buy 5000 AXIEBCH worth 0.0507735 BCH Sell 5000 AXIEBCH worth 0.0910437 BCH Buy 6168.4 AXIEBCH worth 0.0910437 BCH **Profit: 0.0024889 BCH, added: 1168.4 AXIEBCH** Sell 5000 AXIEBCH worth 0.0631762 Buy 5703.56 AXIEBCH worth 0.0631762 BCH Sell 5703 AXIEBCH worth 0.1126289 Buy 5703 AXIEBCH worth 0.0772187 BCH **Profit: 0.0354102 BCH, added: 703.56 AXIEBCH** Sell 5000 AXIEBCH worth 0.0890948 Buy 5000 AXIEBCH worth 0.0659518 BCH **Profit: 0.023143 BCH** **TOTAL PROFIT: 0.0610421 BCH + 1,871.96 AXIEBCH (less AXIEBCH for the fee)** So here are my total profit from different trades:

What will I do with the profit? They will be used to buy back 300K CATS and 10K KTH, I'm just waiting for the dip. But while waiting for that to happen, I might invest some in upcoming project on SmartBCH called BCHPad.

The project aims to mitigate the rug pulls and scams on SmartBCH. If you are familiar with the Binance launchpad, it works the same. But the process of committing tokens isn't. You can check this link to know more about it https://www.bchpad.cash/. Or add this link to your Metamask wallet to participate in the presale. https://app.bchpad.cash/

If you want to try trading on different DEXs on SmartBCH, make sure to be accountable for your actions, DYOR before investing into any token, and only invest what you can afford to lose. That's all. Thanks for reading.

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