Are you one of those battling with themselves in choosing of hodling or selling their coins even if you're at lost just because you saw your portfolio with -50% in your assets? Are you one of those who have weak hands that can't stop their hands from shaking because one of their coin has now half of price in the original price? Did you know that when you sell it that's where you really lost and not when you are still hodling it?
Did you know that I have a weak hand before that when I saw the -$29 on my wallet I decided to sell it even if I'm loss of $29? Did you know that I used to look at the price of coin very often that it can give me a heart attack because I'm still a noob (but still a noob today). And that affect my thought or thinking that can lead to a massive destruction, I mean massive loss, lol. And when you decided to sell it that where that coin will pump again, lol it's messing with my brain yeah
Who wouldn't feel anxious with this sudden dumps of all coins right? Even those big whales will surely feel afraid because it's not a dip anymore but a crash. It's like you are enjoying yourself too much in your ride to the moon then suddenly a big spaceship with a dog inside pass by like a tornado and you're own spaceship was put into critical condition and you have no choice but to let it crash and you are found on the middle hanging and waiting for some rescuer.
Why I just talking nonsense here sorry about that, lol. Anyway, I look at my loss of my Bitcoincash in Bitcoin.com wallet and what's written there is really heart breaking. The market is red, my heart is bleeding and then my wallet is in bloody hell. It's not a good sight seriously. Even the coin I have invested on Binance, all of them is in bloody red. Including those on my Trust Wallet lol. Well, I can't say that it's really a loss because those I sent in my Binance account was a profit I accumulated thanks to Bitcoincash.
Don't be too hard on yourself fellas, I know I can understand what you are feeling right now. Even I is a little bit worried but not that much. I don't need some cash right now so I can hodl my Coins as long as I want. Or as long as this red market continue until 2022 lol, wag naman sana suskopo. Let's just think that all of the coins are on their vacation that they have to leave their post and that's why the market is bloody red lol.
And if you want to hodl your coins but you want to earn too while hodling it why not stake it any DeFi platform using Trust Wallet. Like in PancakeSwap, CubDefi, JulSwap. You can also try Binance they have that Savings feature where you can earn interest on it. Just go to Binance, and in Binance Home tap More and you can see those coins that available there. It's easy as 1,2,3 so I'm sure you can do it just fine. While in trust wallet, it's a long process but if you know what you're doing you can easily do it.
But if you're not familiar in Binance you can just do this;
Put it into Savings Binance Wallet
In Binance Home you can easily spot it and you just have to tap it and it will redirect you in this page 👇.
As you can see the Annual Yield is not that huge but it's better than nothing. You can leave it there and it will accumulate more BCH on it's own.
Sad to say there is a minimum amount in saving it here using Bitcoincash. I don't know if when did it started but before I can put my BCH there without minimum. But if you have more that 0.1 in your Bitcoincash then that's good. In BTC I have 0.001 and I can put it there and that is the minimum amount too.
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Stake your Coins in Trust Wallet
I am also staking my CUB on CubDefi using Trust Wallet and you can check it here: Trying new things with CUB at DENS! I'm still earning some CUB here and it's a big help accumulating more CUB. Here's some progress that was posted some month ago: Stake, Sit, Wait and Earn: Staking and Compounding! I also tried it with Pairs and the earnings is much higher than staking it in the DENS. And here's the progress of it, this was posted the other day; Staking CUB in CubDefi.
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So, even if the market is red, we should know how to calm our self and think of a solution in how you can stop yourself from selling your Coins even when your assets is at -50% now. There's a lot of ways, stake it and earn more coins while waiting for the market to recovered. Hodl it tight and never sell it. Don't be afraid if you have trust in your coin that your hodling then you don't have to be anxious. Just keep calm and relax and hodl your hand tight from tapping that SELL button.
Here's an inspiration so that you will think twice before you sell your coins 😭.
My Main Wallet Bitcoin.com, -36.43% or -$703.84. It's not that painful guys, I'm okay I'm good this is nothing. This is just a dream 😴.
In my Binance Wallet, I have $400+ on that wallet but now and it says here -115.44%. The fudge 😭. No, no, I'm not crying duhh. I'm still okay, this is still nothing I can still go on 😎.
HAHAHAHAHAHAH, as if. This is still nothing. HODL! 😎
Recent Article
Read this to Start in Club1BCH
May 21, 2021
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As for me, to avoid weak hand, go for stakeable coins. More potential coins are now stakeable, this may be done Easily while using Atomic Wallet. One of my favorite stakeable coin there is AWC token as it offers upto 23%APR by weekly bases and very promising too. More info about AWC staking - https://atomicwallet.io/awc-staking