The smartBCH, side-chain of BCH blockchain gives opportunity to BCH supporters after entering the world of DeFi. This community is exponentially growing with a massive support from the people. I did not go with the trend when smartBCH launched and I think I missed a lot of opportunities. It is hard to manage my time since I am a student but I did my best to follow the trend.
I bought my very first SEP-20 Token from the first DEX in smartBCH which is the Benswap and its token EBEN. Seriously, I bought this token to take advantage of the high APR, however, I have regrets for using only $5 as my initial investment. I bought EBEN at $0.26 and now is playing between $0.80 and $1 which gives me huge profit from my $5 initial investment.
The reason why I only invested a few amounts is because I am afraid that most of it will be rug pulled…I don't want to do the same in the BSC network but I forgot that smartBCH is better. Its fee is indeed great compared to other networks! (Spread the word). If I could go back in time, I would invest more in EBEN.
The best thing about this project is it offers a lot of airdrops using the checkbook where I got my second token $CATS. I got a $CATS token for using wagon.cash as a bridge. I now have two pets...DOG (EBEN) and CATS.
Third token was sent by @MrTrenz , he is so lovely and gave some $LOVE to the community. All $LOVE holders also received $MIST from him! $MIST is the 4th SEP-20 token that I have. I am planning to buy this token and stake on mistswap. Although, it has only 2-3% APR, still better than nothing, high APR mostly becomes rug pull.
I also had a bitter experience in buying SEP-20 tokens, so far, it is $MILK. I didn't do research about this token and became greedy for 1,000% APR. I split my 1 BCH and buy other tokens and one of them is $MILK. I bought it at the price between $0.8 and $1. Unfortunately, there is one person who is selfish enough to spread FUD for his sake. He said, “Sell your MILK, there's a chance that it will be rug pulled.”
A lot of investors were afraid to hold their tokens, including me. I sold and had a loss. Imagine, I stake my MILK for just 1 day and this FUD came. The interest that I got wasn't enough to cover my loss.
I think it dips so much just because of the FUD, it is everywhere and inevitable. I'm not going to mention who this person is, lmao.
To be honest, I don't have much experience in smartBCH...but I am doing my best to cope up by reading and researching some tokens. I also have friends who are active enough to inform me to participate in different events such as @carisdaneym2 and @PVMihalache.
Also, you can visit @Pantera’ s articles to have more knowledge about smartBCH, he has a lot of quality content that gives information about smartBCH. Everyone knows that he is one of the real supporters of this project.
Conclusion
Despite rug pulls and negative things happening in the smartBCH ecosystem, its supporters never fail to stay strong and invest in it. In fact, the MMMM token went to the moon last day, which reflects how the community supports the token and smartBCH. I don't know what's behind the massive pump, maybe because of its 1,000 supply!
Among the SEP-20 tokens, I am eyeing to $KONRA. It is very transparent to its investors, you can visit @TheEmpress in noise.cash for more information, she is very active in giving information about this token. I even received KONRA tokens from her.
I believe that smartBCH will stay for a long time in crypto-verse. Knowing that some tokens are listed in Coinmarketcap and Coingecko gives more reason to believe in it. Soon, it will dominate other networks when it comes to DeFi.
How about you? What is your bullish token on smartBCH?
Published: December 11, 2021
Relate ako sa eben aguy if only 🤧 mahigit 6$ lang investment ko noon nasa 0.123 ata si eben that time so bale 50 lang nabili ko imagine nong tumaas ang laki talagang pag sisisi ko ee tsk.