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SmartBCH Tokens Trading

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Avatar for Jane
Written by Β Β 1658
1 month ago

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.

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.

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 πŸ˜…. 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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Comments

Hi Jane. How do we buy mist tokens in metamask? Can we also import axie, milk, ebens in metamask wallet? I have added my cats and mist already. Thanks.

$ 0.00
1 month ago

All smartbch tokens should be imported in metamask

$ 0.01
1 month ago

Thanks I did already Jane! Do you have an article on how to put bch to mist? It is possible in wagon.cash too like cats?

$ 0.00
1 month ago

hehe luckily i was able to sell my CATS before bumaba haha, naka tambay lang sa metamask ko yung ibang tokens ko di ko na ginalaw

$ 0.02
1 month ago

Buy ka ulit sa dip.. It's a good investment

$ 0.00
1 month ago

How come you know about so many token and Cryptocurrency, I wish I knew all these too

$ 0.02
1 month ago

Constant learning

$ 0.00
1 month ago

I am still on axiebch lang po. Heheh! One at a time kasi try try pa lang 😁 sana maging successful din po gaya nyo

$ 0.02
1 month ago

Trading? That's nice

$ 0.00
1 month ago

I think I will start with the BCHpad ... I'm ready to learn .. What are the apps I Ned to download

$ 0.02
1 month ago

Scroll down my articles and check about smartBCH

$ 0.00
1 month ago

OK I will

$ 0.00
1 month ago

Great profits sis! Although some of the tokens you invested on are dropping, you still managed to get profits on trading the other tokens. Brilliant sis! As for BCHPad, I am still hesitating, lol!

$ 0.02
1 month ago

Haha.. Nka commit na ako. Sana namn hndi ko pagsisihan yun 🀣

$ 0.00
1 month ago

Malapit na ata yung 100BCh na goal nila. ilang araw din nagstart yung presale. Png 3rd day ata ngayon

$ 0.00
1 month ago

Kya nga.. Try ko lng. Mganda naman yung project

$ 0.00
1 month ago

Oo sis :) all the best, I will decide till hindi pa napupuno yung 100BCh na cap nila hehe

$ 0.00
1 month ago

Yun nga plano ko. Kaso bka kc mapuno kpg matulog ako. Kya nagcommit na ko knina 🀣

$ 0.00
1 month ago

Oo at least sigurado kesa makatulog ka then tapos na pala pagkagising hehe

$ 0.00
1 month ago

Everything's too much for my brain! πŸ˜‚ Pero may naiintindihan na ako kahit papaano, improvement din yon! πŸ˜„

$ 0.02
1 month ago

You are not trading yet?

$ 0.00
1 month ago

Hindi pa din! Hahaha! Nakakagulat ba? Jusmiyo di ko talaga malaanan ng time. πŸ˜‘πŸ˜‚

$ 0.00
1 month ago

Ang galing. Anlaki ng profit. Mapapa-Sanaol nalang ako. Hahaha! 🀣 Hindi ko kasi mabantayan ung Metamask ko. Busy sa OJT. Hays. Buti nalang may farming at staking. Hahaha 🀧🀣

$ 0.02
1 month ago

Farming at staking kht lugi sa price πŸ˜‚ Pro tumataas na ulit si eben. Si mistbat milk, ay iwan πŸ˜‚

$ 0.00
1 month ago

Good return on investment ate. Please how did you draw the pie chart showing the tokens in your portfolio?

$ 0.02
1 month ago

Excell 😁 List down all your tokens with corresponding BCH values. Highlight then insert a chart.

$ 0.00
1 month ago

Okay, thanksπŸ€—

$ 0.00
1 month ago

I made some good trades with EBEN and AxieBCH too. Mist so low now, I don’t wanna sell.

Do you use an app for calculating your portfolio Jane? Or is it just a graph in spreadsheet?

$ 0.02
1 month ago

Spreadsheet only.. Im earning mist on the farm ..so it's covering up my losses 😁

$ 0.00
1 month ago

Basta ako may EBEN din 4 digit number naka stake yun lang muna now whahaha at MILK. Aralin ko muma maigi but thanks you to Ms. jane your a source of idea and experience insight hehe.

$ 0.02
1 month ago

Wow.. Dami mo eben. 4 digit? Nice.

$ 0.00
1 month ago

Congratulations on those positive trades, I am still learning how to trade.

$ 0.00
1 month ago

Ay oh, ibuhhh talaga ang lakas nito 🀩. Half BCH na yiehhhh ang galingggg 🀩 Congratsuuu

$ 0.02
1 month ago

Sana hndi pumalak yung bchpad. Dun ko nilagay yung profit habang hndi pa dip si cat πŸ˜‚

$ 0.00
1 month ago

Waaaahh, ako na napabyaan na metamask wallet ko kasi sumasakit ulo dun e huhu. Di ko talaga ma catch uo agad2. Slowpoke akoo jusko. Pag-aarlan ko rin yan soomest. Anyways, sanaol ateee

$ 0.02
1 month ago

Haha. Ganun ako dati. Kya nahuli sa pumps..mas malaki sna profit kung dati ko pa sinell mga yan

$ 0.00
1 month ago

You had good profits! Hopefully, more to come ;) I'm still not sure about BPad

$ 0.02
1 month ago

I already invested my profit there πŸ˜‚

$ 0.00
1 month ago

Thanks ate Jane for this, I have been hearing about BCHpad and I'm interested in it. I didn't even know about the binancepad before now but I have started learning a bit about it as well as the BCHpad 😊

$ 0.02
1 month ago

Commit only what you can afford to lose πŸ˜‚

$ 0.00
1 month ago

Certainly ma'am πŸ˜‰

$ 0.00
1 month ago

May presale paba nung bchpad? Dami mong ganap. Nakakahilo na kapag ganyan. Hays. Galing tlga ng management skills mo

$ 0.02
User's avatar Yen
1 month ago

Yup..hndi pa tapus.

$ 0.00
1 month ago

And if you implemented a copy trade system? I pass you my BCH right now so that you can generate more profits and manage them. You tell me.

$ 0.02
1 month ago

Haha. No I don't do that πŸ˜‚

$ 0.00
1 month ago

I'm still gathering straight to learn trading so I can be staking token very soon.

$ 0.00
1 month ago

Hope all trader haha galing nang profits.. nomnom.

$ 0.02
1 month ago

Ano po ba magandang bilhin ngayon ms Jane? Axiebch, cats at eben?

$ 0.02
1 month ago

All 🀣

$ 0.00
1 month ago

I admire your trading success

$ 0.03
1 month ago

But failed in DEXs investment 🀣🀣

$ 0.00
1 month ago

Can't get them all right

$ 0.00
1 month ago