The day passed quickly and we're on the end of the month again! As what the other users did, creating monthly income report is one of our ways to monitor and track our portfolio.
The month of July is full of green and achievements for me, as what you know, I achieved my 2 BCH goal quicker than before. I achieved it in a span of 2 months and 10 days, July 25, 2021 to be specific.
👉Click this to read my 2 BCH journey.
Last month, June, as what's written on the report, I accumulated a total of 0.45957634 BCH from my read.cash earnings only. The earnings from noise.cash wasn't included, but now to make it unique I will put my earnings in noise.cash as well.
As of writing, the current price of Bitcoin cash is incredibly green. It seems that the market is on the recovery phase. Good thing is, during the early days of July, we are always red and ended up in accumulating more Bitcoin cash than before.
This month of July, I accumulated a total of 0.47774067 BCH from my read.cash earnings. It is higher than before, it is near the half of accumulating 1 BCH and it is a pleasure for me.
The USD value was also insane! It is because I earned it from the dip and now I am harvesting more USD. But, I don't have a plan to sell this for now...BCH is a long term investment!
Moving on, as what I have said earlier I will also try to track my earnings in noise.cash. Thanks to the great feature of bitcoin.com, I can track the transactions that I received this month. In total, I accumulated 0.20246456 BCH from my noise.cash earnings.
The photo was captured while writing, thus, my Bitcoin cash here is not exact on what I mentioned. It is because the earnings from my noise.cash were sent to different wallets; Nexo, Main Wallet and Coins.ph wallet. I am using it to provide my daily needs that is why I transferred some of it in my coins.ph. I only calculated it from the transaction history specifically the “received” only—obviously.
Using simple mathematics, I accumulated a total of 0.68020523 BCH from read.cash and noise.cash for this month. That was quick!
New goal for August
They said setting a goal will help us to achieve it quicker and avoid procrastination. Also, it will maks your day productive. Thus, as part of this blog I will include my plan and goal.
Looking at the current situation of the market, which is looking good and green...I will lower my standards for my BCH goal. I am aiming to earn 0.15-0.2 BCH this month. It is half of my current earnings, but why?
It is because the market looks recovering from the bear market (I am not sure, that's only my opinion. Don't take it as a financial advice) it means the higher the price, the lesser the accumulation of BCH. To make this thing clear, let us borrow this explanation from my previous blog.
“When you received an upvote from Rusty worth of $10 and the price of Bitcoin cash is $400, then you will have 0.025 BCH. On the other hand, if you received the same amount of USD which is $10 but the price of BCH is higher than before, let say $700, then you will only receive 0.01428 BCH.”
Hopefully you understand it.Besides, our class will also start this month of August and I think I will be more inactive in different platforms because the course that I am pursuing is kinda stressful. Hopefully I can surpass it.
The Progress
For the 8 months of journey in read.cash, I had a lot of struggles to grow in this community. I'm not popular but I'm not wishing to become one. I am contented on what I have now, receiving an upvotes from @TheRandomRewarder, having a circle of friends, be one of the #Club1BCH, and encountered legends especially PVMihalache.
For 8 months, I have 278 subscibers and I can say that it is an achievement. The process is ongoing but I still have a progress.
In noise.cash, I have 2108 subscibers this is not a quick followers! I am working for this for more than 7 months, still a progress!
It's been more than a month since the channel was implemented and my channel is also growing, the Mind++
After more than a month, I have 181 subscibers and still counting. It is growing since July and I don't know the reason. Hopefully this will grow in the next few months to spread educational, motivational and inspirational statements.
The number of posters are also growing and it's hard to moderate them especially that I am the only one who manage it. Hence, I am looking for someone who can offer their good hands as a moderator of the channel. Don't be shy! Just comment or send me a message on Twitter.
Conclusion
This month is great, it is more on accumulation. Hopefully everyone did the same because it looks like we will back on track this coming months. December is near!
In my prediction, the month of August is the start of bullish and recovery...it's good to hold your coins! But remember, this is not a financial advice!
July is full of achievements in my point of view, in the next coming months I am hoping to see and encounter more opportunity that I can grab before I become a student again. The only thing that I wish is, hopefully I can study in school and in crypto as well to learn financial literacy and to have a financial freedom and independency in the future.
Published: July 31, 2021
Go for 3, Lau! Congrats, bunso!