Ohoy, I'm seeing a lot of post about how happy they are because BCH is mooning. Well, I more than happy because the BCH that I am hodling in my bitcoin.com wallet was also gaining profit. Ah, that's what awesome in hodling BCH, if you are one of is then you know what I'm talking about.
Every coin has that advantage that's why when you hodl even just 1 coin and that coin price rose into $30,000, you will be an instant Millionaire. That's why a lot of more people is becoming obsess in cryptocurrency.
How about you take advantage of your BCH? There's a lot of ways to earn more just by Hodling BCH. We'll just play it like a game while gaining profit from it. That's just how cool BCH guys. One more thing guys, BCH has a very low transaction fees so even if you do a lot of transactions in your BCH wallet.
You don't have to worry in doing that for 5 times or more per day? Because why worry if the fees won't cost us a hundred bucks, look at noise.cash, imagine how much tip you are receiving in your noise.cash BCH wallet but the fees is only a cents while the other coins has, nevermind.
So, how we can take advantage of our BCH holdings when BCH pumps? Simple, we will use that Buy and Sell method that I learned from my Senpai's Eybyoung and Jane. And you should remember this line because this is one of the most important rule: BUY LOW, SELL HIGH. We will do this in bitcoin.com wallet using SWAP features, we'll swap it into stablecoin or USDT to lock our gained profit.
Seriously guys, I don't really have a plan on doing this swapping method because in my mind, even if you swap your profit into USDT and the price dumps again the money that I am hodling will just will just go back to it's original price, and the profit that I swapped will just be for nothing.
But, this thinking of mine changed when Senpai Eybyoung write an article about it, and this time I understand it na. And start using that swapping feature just 2 days ago when BCH pumps and then just this morning when BCH price hits $580 I swap again my $26 profit into stablecoin that I gained in just holding BCH.
How to know if you already gain profit in your BCH Holding π
As you can see, in just 24 hours I already gain $39.80 profit in my BCH Hodlings. That's where I look to know the exact amount of my profit.
Buy and Sell in bitcoin.com
Let say BCH dumps and hit $350 or $400 that is the right time to buy BCH using the swapping features in bitcoin.com, the TETHER -> BITCOINCASH. If you have stablecoin or that TETHER (USDT) in your wallet use that to swap it back into Bitcoincash.
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This is the SWAPPING FEATURE in bitcoin.com wallet. It is time to SELL when you gain profit by doing that swapping BITCOINCASH -> TETHER. You can do this once BCH Pumps, just like on the first photo. You see the profit I gain right? That's the right time to sell it.
To know the step-by-step process on swapping in bitcoin.com, read this Escape volatility while holding your BCH with Stablecoins (Swap Features) by @Eybyoung Senpai. This article will be also a big help to understand more about swapping. And if you're still not using it, I think it's high time you do it now π.
In bitcoin.com, we do the buy and sell manually, but if you don't want that and you want to automatically sell your profit once you gain profit then I suggest use Binance. But, in bitcoin.com it os much safer to hodl your BCH holding because it is protected by a 12-phrase seed that you will need to open your wallet. While in Binance, even if it has 2 factor authentication for their security, it is still prone into hacking. So, I can just suggest that think first lol.
Links that will help you in Binance.
Spot Trading on Binance by @Jane
#CLUB1BCH
Achieving a goal is hard if you don't have the will to achieve it. So, why not add this goal into you LIST? If you are in read.cash or noise.cash then doing it is not that hard. Save every tip of BCH that you will receive in read.cash and noise.cash them HOLD it. BE ONE OF US AND TOGETHER WE WILL ACHIEVE IT. WeπBCH
Read this to Start!
#BITCOINCASH #BCH #LoveBCH #CLUB1BCH #MONTHSARY #BCHAwareness #MassAdoption #FindingGem
Spread News about #BITCOINCASH using #BITCOINCASH 2021 Calendar π
LET'S GET IT πͺπ
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February 13, 2021 Saturday
Di pa rin gumagana swapping sa akin. Nakastuck 11 deler sa usdt. Kaya sa binance na lang ako nagspot...