I know that people since midnight have been hoarding vouchers and more items to take advantage of the 9.15 payday sale. Meanwhile here I am paying close attention to the prices in the crypto market to check for good deals.

It was a crazy day yesterday, as lots of coins and tokens from the crypto world have dipped significantly. And it's a no-brainer that one would take advantage of this drop in prices to buy bargains of these amazing tokens! And aside from that, I would like to look back into the past 14 days and see where my finances are going in terms of crypto investments.

Please note that none of these are financial advice. I am just sharing my personal experiences and please always DYOR before jumping into investments and spending money you can afford to lose. I hold no responsibility for your financial decisions.

Also, prices shown below are subject to changes due to the volatile nature of cryptocurrencies.

Where did my 1BCH go?

If you have seen my previous article here, I was really lucky to catch the $3 per $EBEN price that the converted tokens is around 2 BCH. So I decided to save 1 BCH in my pocket while the remaining goes into the pools and farm in Benswap. In my MetaMask wallet, I saved 0.23 BCH reserved for gas fees and some purchases during the dips. Then the 0.77 BCH is tucked in coinflex, for easy transfer of funds between MM and my coinsph wallet just in case it was needed.

As a safeguard measure, I transferred 0.23 BCH into my coinsph wallet then converted into fiat. That was the best decision since BCH dipped from $780 to $670 overnight! I was left with 300 $EBEN staked from 555 $EBEN . The rest of the BCH is on HODL.

Playing with the green doggo

For days I have noticed fluctuations in the price of EBEN and I tried to buy a bit more when it reached $2 in value. Then I tried to unstake around 100 EBEN and put it into BCH-EBEN liquidity pool (LP). Then I bought more EBEN during the dip yesterday at $1.54 Then it dipped even further into $1.28 lols. Dips are unpredictable where it will stop. And I am willing to risk for impermanent loss this time since I am not going to withdraw my token fron the LP, as long as the prices are low right now. Just keep farming green doggos.

Token shopping spree under SmartBCH

I also decided to get some tokens during the dip, and bought those that are pretty cheap and has a great potential for the future. I am willing to risk a bit this time. I bought 67.6M $ARG and 3673 $KTH from 0.05 BCH. Imagine if they exploded in prices someday.

Passive Income from Benswap

With my staked and pooled assets, I currently earn 5-6 $EBEN daily which is $8-$12 depending on the price. As interest rates and prices change, these values might change. Still, this is a pretty great daily passive income already.

Exploring BSC (Binance Smart Chain) with Cakes and Cubs

Since I gained decent amount of knowledge and idea from benswap DeX, and SmartBCH DeFi, transitioning into BSC is very easy. I have learned some ideas from different crypto gods here fron their articles lols and wanted to diversify my assets. Just plug in the RPC address and details of BSC in your MetaMask. You can find the complete details here. Then you can send your BNB from Binance to your MM wallet under the BSC network.

The first thing that I did was to explore the browser and find pancakeswap. I am happy that the price of $CAKE dipped from $24 last week to $19 at the time of purchase. Bargaining cakes sounds delicious. And right now it is pumping at $21.

The good thing about auto-cake is that it compounds automagically and no need to monitor it daily. It still has a decent APY which is better than letting your money sleep somewhere. I've seen that $CAKE reached its maximum at $44 months ago. I am hoping that it will again go up beyond.

Next is Cub Finance. I used this not to earn lots of $CUB but to stake DEC-BUSD LP in pools, which allows me to get more daily airdrop points for Splinterlands. The value that is in DEC LP pools is 2x worth in airdrop points, plus there is an interest rate for this is better than holding it in-game. I am aiming to get at least $1 worth of airdropped SPS daily.

Under the BSC DeFis, I spent 0.16 BCH at the time and another 0.1 BCH for SmartBCH DeFi. Currently I have 0.2 left in my coinflex wallet. Where did the 0.31 go (from 0.77 total in wallet)?

Well, that's time for another article tomorrow!

How was your September? Did you make significant financial decisions? No matter what it is, let's hope for #BetterSeptember!

*Lead Image by Tamanna Rumee on Unsplash

[#19] September 15, 2021