read.cash Log in
@bmjc98 edited more from that month

My Little Investments In SmartBCH I am not a risk-taker like others so investing in different coins or tokens is something I rarely do; however, when smartBCH was introduced, I knew I need to learn how this thing works and start doing what others do - diversifying my portfolio.

SmartBCH is still a baby, which is why I am very cautious about which tokens to invest in. I guess this is the reason I never got rugged pull yet, but it's also the same reason why I didn't gain much. Well, as they say, only invest what you can afford to lose and profit is profit so as long as I'm earning with my little investment, then that's fine with me. Anyway, here's my little investment in smartBCH. My initial investment: 0.078 BCH

It was on the 28th of August when I sent 0.078 BCH or $47.78 from my bitcoin.com wallet to Metamask through Coinflex. With that amount, I was able to buy some EBEN during its presale and did the LP for the first time as well. A few days later, I was able to take profit and secure my capital. I also managed to grow my initial investment. So from just EBEN, I got to use my profits to buy some CATS (sold), MILK (sold), and PUNKS too. My second investment: 0.20 BCH

It took me almost 3 months to finally have the courage to send more BCH to my Metamask. This time, I sent 0.20 BCH or $112.79 at that time and used that to participate in the 1BCH presale. The remaining amount was used to buy some GAME tokens. On the first day of the fair launch of the GAME token, I managed to buy 11827 GAME with just 0.10 BCH. By the way, that fair launch was the most fun and challenging experience ever been participated on smartBCH. My third investment: 0.066 BCH

On the second and last day of the said fair launch, I decided to cash in again, and this time, I had used hop.cash instead of Coinflex. I also had to swap some tokens to BCH so I could really buy enough. With that, I bought 24410 GAME for just 0.18 BCH. My fourth investment: 0.25 BCH

Thanks to hop. cash, sending BCH to Metamask only takes seconds to complete the transaction. Honestly, hop.cash is something I can recommend to you. Just be sure not to close the hop.cash page when sending your BCH to be sure you won't lose anything. Anyway, so I sent 0.25 BCH just to buy more AxieBCH and GAME. I bought 22000 AxieBCH just to complete my 100k AxieBCH goal this year and 0.03 BCH for 3000 GAME. I decided to buy more because the buyback will resume this January 5, which means you'll start seeing progress again on their prices in the first week of January. Total investment: 0.59 BCH I didn't know I already spent 0.59 BCH on smartBCH. I've just learned it today while checking my screenshots. Now, let's see if I gain or if I'm at loss with my holdings. **EBEN** Let's start off with EBEN, the first smartBCH token I bought. I'm currently holding 120.74926 EBEN, which is worth 0.17 BCH at the time of writing. **AxieBCH**

This one is one of my favorite tokens on smartBCH. You can easily tell by the amount of AxieBCH I'm currently holding. I have 100k AxieBCH, which is around 0.91 BCH. PUNK

I minted 5 PUNKs before and now, the floor price is 0.50 BCH each. Imagine that! Now, I regret selling my previous PUNK for just 0.50. Oh well, the damage has been done so time to move on! **LAW** I staked my 5 PUNKS to earn LAW. I had 126.9 LAW before, but I swapped it for 0.1158BCH just to use to buy GAME and currently holding 70.568 LAW from staking. The 70.568 LAW is around 0.10BCH at the time of writing. **1BCH** Unfortunately, my 1BCH is at loss. Got 5000 1BCH for 0.10 BCH and the estimated price is still around 0.03 BCH. Guess I'm going to HODL this for a while then. **GAME**

I have 46703.9626 GAME but the 10k was given by Gramps for free so not going to include that in my calculation. So for the 36703.9626, its estimated price in BCH is 0.37. BPAD I bought 1960 BPAD for 0.05 BCH just to be able to pay 66 BPAD to @fantagira. Glad I did because now, my balance has 0.118826 BCH. Now, I wonder if I should take profit or what. LOL. Profit Now, let's see if investing in smartBCH is worth the risk. Capital: 0.59 BCH Assets:4.78 BCH Estimated Profits: **4.19 BCH** Wow! 4.08 BCH profits with just 0.59 BCH capital?? I can't believe this! I didn't know my holdings have grown so much like that. Now, I'm inspired to add more BCH to my Metamask so when dip comes, I can easily buy more tokens that I trust the most. PS: This is just based on their current prices, though. ***I will only gain such amount if I sold everything***, which is not going to happen yet.

*Closing thoughts* I love smartBCH! For me, it's a great way of increasing your BCH holdings instead of just waiting for its price to fly to the moon. Just remember, ALWAYS DO YOUR OWN RESEARCH and ONLY INVEST WHAT YOU CAN AFFORD TO LOSE.

50 comments

Log in to join in Reading is open to everyone. Replying needs an account.