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Emptying my BCH wallets

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Written by   356
5 months ago
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We are halfway through the month and the red market gets dipper. It is a big challenge to me who is experiencing such red market for the first time.

I can not help but remember the days when BCH was at its old price of around P45 000 to P50 000. Back then, I was still fairly new to the platform so every time I needed a bit of money, I just convert all my BCH to fiat even though I did not need to convert everything.

Basically, I had no concept of what HODL means and what to expect from BCH. All I knew was that I got some money I could spend if I wanted to.

As I stay in the community longer, I learned the advantage of being patient and HODLing my BCH. I learned more about what the goals of BCH are and how this community plays a part in BCH adoption.

With that being said, I sometimes still struggle to keep my calm. My emotions get the best of me and I make decisions that are not rooted in logic, but in fear. Perhaps, it is the reason why I have uninstalled MetaMask and stopped playing with smartBCH. Perhaps, it is the reason why I am not trying to trade BCH despite the many opportunities presented.

In all honesty, this is my first time seeing the market in such a red state. It triggers my fears, and it definitely made me doubtful. After all, in just last month, I thought that I would be able to finance my treatment plan with a little bit of my earnings from writing in both read.cash ans noise.cash. However, the market did not play right into what I needed.

So what did I do?

I emptied my BCH wallets.

This was the state of my wallet yesterday. Almost a clean slate. I was too slow to take the screenshot of when the numbers were still zero.

Why did I empty my BCH wallets?

Well, I just actually transferred the BCH I got from June 1 to 15 at a different BCH wallet. I could not even bear to look at the price of BCH right now, so why would I sell any, right?

I was just pulling your leg with the title and all my drama above.

This is where the BCH I have went. This is just for the first half of this month though. I am not going to reveal how much BCH I am HODLing. Let us just say that it is a lot more than I expected I would HODL during this trying times.

What about my treatment plan?

Having a psychosocial disability is not a fun experience. After all, I am surrounded by people who are used to dealing with normal people so when they see me act based on my emotions, I am told many hurtful things.

So treatment is really needed for me to function normally, in a word. There is no cure for my condition yet but the there are various treatment that works.

My treatment revolves around taking my medication every day and monitoring my symptoms. Plus attending DBT (psychotherapy).

These treatments hand in hand is supposed to help me develop healthy coping mechanisms so that my episodes will happen less frequently and less intensely.

Let me be vulnerable with you guys. I have used up the savings I put aside for my treatment plan. Right now I only have money to afford another psychiatric consultation.

I am actually trying to extend my money by asking if the clinic gives discount for those with PWD ID. But as of yet, they have not sent a reply to my inquiry. I am feeling a bit sad about that since getting a discount will be a big help to my treatment plan.

As of now, I do not know how I could attend more therapy sessions or psychiatric consultations. But I will figure it out when I get there.

My plans for my BCH

As of now my plan is just to let them sleep in my wallets. I have 4 wallets. The first one is where I send my bi-monthly earnings. The next are my wallets connected to read.cash and noise.cash. The last BCH wallet I have is my coins.ph wallet where I send a bit of BCH in case I needed to convert to fiat for emergency.

Thankfully, it has been a full month since my last conversion. I am hoping that I will not need to convert anything yet during this dip.



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Written by   356
5 months ago
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Comments

Me, I held some and those I have placed for spot which is not much is resting in USDT at the moment. Just to halt the burn for a while. Then I set another buy position at when bch is at 90 and 100 so far the 100 is back on the hodl position since it was hit just few hours back. So now we wait.

I pray providence for your treatments/therapy needs zehra.

$ 0.01
5 months ago

Right now, the thing I do is to hodl it. I cannot convert because I will lose more. Sayang din kasi.

$ 0.01
5 months ago

I really thought you that you converted your hodlings sis. Well, wag ka mag worry too much, ako nga eh kahit walang hodl, go pa rin. Kahit kapa-kapa sa ngayon. For sure, susuklian to nang malaki sa tamang panahon. Patience lang!😊

$ 0.01
5 months ago

Hope your bch will restore it's value, I currently switch it all to btc, a bit more stable in a bear market

$ 0.01
5 months ago

Hoping that the price will go back to good old times. I miss it so much!

$ 0.01
5 months ago

The extreme downfall in Crypto market which slow down every thing even earnings making some unwrapped dreams shattered. Hope the good days will be back soon.

$ 0.01
5 months ago

I think hodl is the best way to save your BCH. Make sure to accomplish your daily needs with fiat money. BCH will hit 2k next year for sure.

$ 0.01
5 months ago

I really hope that your prediction will come true for BCH price

$ 0.00
5 months ago

very good article mate..if you want to empty your wallet a little then i'm ready to accept it mate, don't need much, just $0.10 BCH to me...hahaha just kidding guys

$ 0.00
5 months ago

Hodl nalang muna soon tataas din yan. Soon ipaparanas ulit satin ni BCH ang kanyang gilas.

$ 0.01
5 months ago

Same. Just hofl, 'til I can.

$ 0.01
5 months ago

May the price of bch pump sooner sis so you would have enough to fund your consultation expenses.

$ 0.01
5 months ago

I also emptied my wallet right now

$ 0.00
5 months ago

I hope the bearish season to end soon!..huhuhu

$ 0.01
5 months ago

Well, we all are facing the same thing. I also hold a few $ like two months earnings but they are just vanished in half and now whatever I get I have to see them going down. I wish the market would get high so that we can get rid of from the loss.

$ 0.01
5 months ago