Do I still hodl my BCH and other Crypto?
The market situation right now pushes some hodlers to sell their assets, the moment we need to cash out our digital money and spend it for ourselves or for our family. It is not questionable that we need to convert our earnings, we work hard for it and we decide what to do with our money, you don't have to listen to others to hold your coins for life haha, market is not always on top, it will crash down too because that's how economics works.
For almost two months, I stopped grinding because I need to focus on my studies and if you are a college student who can multi-task and do your chores in your house, study the lesson, answer the case studies and you can still trade and write an article, I salute you, man! Haha oh well when I was in my first and second year I still manage it but being in a third-year college is very exhausting, to be honest, it made me crazy like I was one of the patients in the mental hospital. Anyways semester just ended weeks ago the reason why I have more time to spend here now. When I was inactive, all I did was convert my crypto into cash, I just remember that I don't have a part-time job anymore, and my scholarship isn't enough for me to help out with our daily expenses so I don't have a choice but to convert my holdings even if I'm at loss with the current price.
My latest investment isn't going well too, I converted my 400 dollars usdt and ended up with the current price now at 150 dollars. Though I don't plan at cutting loss right now because I put it there as my long-term investment and holding that token has a lot of benefits to receive random airdrops even if I stake it. The project is good if you ask me, actually even on smartbch chain, my holdings there remain the same, I didn't cut the losses, I only sold some of my bch but not the tokens that I bought. My BCHpad worth 1 BCH is now at 10 dollars the last time I checked. I did not open my crypto wallets if I am not in a good state of mind, I don't wanna decide so recklessly and let my emotions take over.
Do I still hold my BCH? Hmmm, I still have more bch left on my Binance account, maybe 1 bch or more, on my bitcoin.com, metamask and on coins.ph. My tokens are probably at 80% loss and I am totally rekt right now. Well, my situation is very understandable, I let it happen to focus on my studies so that I can still renew my scholarship for the next semester, I am incoming 4th-year college next sem and it will be a bit busier that the previous semester, I have to prepare for the On-the-training, graduation fees, more paperwork and so on.
I still hold my BCH but I will convert it whenever I needed. I also want to take this opportunity to accumulate more while I can and while I still have time during vacation. The reason for of all it was because I am independent when it comes to my financial needs, I need to grind and be a hustler for a better future :) I am getting older now and I have to prepare for the future to be a successful businesswoman someday :)
My blog today is so random, I can't think of a topic where I can share words of wisdom that lead me to write this one. We may struggle a lot these days, all I want to say is cheer up, I know things will be better soon. Focus on your goals, you can make it I will be the one to support you.
Author's Note:
Article #137 (June 25, 2022)
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I know how hard it is to juggle between studying and earning. But I'm glad that you are prioritizing your studies. That too will bring cash into your life in the future hehe. Keep on grinding and holding!