To Panda or Not to Panda? That is the question...

4/4/22

Hello Hello you awesome people :)

How is your week starting off? Good or not so good, I hope good for you all!

I have been neglecting my smartBCH portfolio and decided to have a wee looksee this morning as to what was happening.

First thing I noticed on https://www.marketcap.cash/ was that there are 91 tokens on SmartBCH!

Ninety fricking one! I remember when it was less than 30, and getting to 30 was a big deal. Now 91, how on earth can we have 91, that seems far too many. I know smartBCH is still young, but it seems it really is the Wild West, and tokens are popping up like the miners digging for that proverbial gold nugget🤣🤣🤣

Okay so after the surprise of seeing 91 tokens, what else did I see?

11 tokens are figureless and marked as low liquidity. One of which is Candyman, I have a wee amount of Candyman and have been farming forever and a day on mistswap. I like Candyman as it is from non other than our very own wonderful @carisdaneym So why not get some Candy, they do have a crazy busy telegram group!

Okay so what else did I notice...

Bitcoin Cash figures are $376.71 last hour 0.2% 24 hour -0.1% 7days -0.8%

So BCH is cruising along pretty steady really which is what I knew already.

However, most of the tokens have big red last 7 day drops... Why so I wonder?

LAW is one of my favourite smartBCH tokens, if not the favourite and has the following figures:

LAW $376.71 last hour 0.2% 24 hour -1.9% 7days -23.5%

WTF! What is up with LAW? If you know why the drop, please mention in the comments....

I notice there is a new token called BlueCoin which pumped like crazy over the last seven days. Blue is my colour and if I had known about that I would have bought some!

So much of crypto is timing, if you miss the boat then accept it and move on.

What about you? Are you chopping and changing your smartBCH tokens? What are you holding, what do you think the good projects are, or the ones with potential?

I stopped playing the Pegaxy as I think they totally screwed up the game by getting their breeding policy all wrong. Not being an owner I could look on from the outside and observe.

I observed in my humble opinion, that prices of pegas of $1000 that people were paying or even more was absolutely crazy and not for me.

You were able to breed the ones that you bought, which was great, however they seem to be able to breed left right and centre which in my mind has flooded the marker, and I could see that you could buy ones for less than $100.

I hope that everyone who bought those pegas etc made their money back, and did not borrow to get one.

Remember anything in cryptocurrency is NOT an investment, it is a GAMBLE!

Investments give a guaranteed minimum return and will be backed by a financial body which should return your money if it all goes tits up.

Please never use credit cards or money that you cannot afford to lose when doing ANY cryptocurrency project.

In light of my Pegaxy observations, my initial optimism for Pandaland has waned a little.

You could breed those Pandas in theory, and you could hunt.

It transpires that to hunt, you need to hold 1000 PDA tokens which last I knew was about 0.1 BCH. I have been reading their telegram group. One big plus that I have taken from the group from the developers, is that they would rather people played the game (i.e hunt) than made money passively. Unlike pegas where owners could do profit shares with renters and make massive amounts for themselves (90% for the owner is common!). Pandaland I believe don't want this, kudos for them. Pegas is geared to the rich getting richer. Pandaland still has great potential provided that you are willing to hunt and play the game. I do not know how long a hunt takes etc, but I do know that I don't really have time to do that.

It is all about time, I play another awesome NFT game for free that earns and is a long term project.

So I have listed my three pandas on Oasis, we shall see if anyone bids as they are less than the minting price, I hope so.

LAW is still my favourite project even with the low price, I love my wee LAWPunk :)

This got a bit long, and I did not touch on what I was going to talk about!

haha life is life, enjoy it people :)

Do your own research and take my words with a pinch of salt!

Copyright @TengoLoTodo    2022 and yes All Rights Reserved. All images, words, and ramblings are from the author unless otherwise stated.

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