Here is my portfolio update and strategy reset.

At some point, I held only around 5.5 BCH, which I exchanged for Mist, and at that time, I converted my 5.5 BCH into 19 to 25; I don't quite have the exact number because, at that time, I decided to exchange my profits totally for FlexUSD. But I discovered in those days that Bitcoin had its sidechain, and I decided to give it a try because I thought that a sidechain on BTC would be better than a sidechain on BCH.

When I did the transfer, Sovryn, the dex on the sidechain Rootstock, was dumping hard, and I thought it was a good idea to buy the dip. Even when the price was coming down from $45, I felt that buying at $10 would be a good idea because it was around 75% discount and probably even more because its all-time high was around $81, according to some. That didn't mature well because as I wrote this article, the price had fallen as low as $0.49. Since I am deeply into that investment, I decided to add around $480.00 from my credit card to lower my DCA entry point. In other words, I am down at least $8000.00

The best move could have been to get my money out into either a stablecoin or withdraw my earnings into real US dollars, but at the time, just before I joined Sovryn, I was thinking of leaving my money on FlexUSD and buying the dip with that once the bear market once in full force. That idea could have been terrible, too, because now we have the issue with the CoinFlex exchange. My stable coins within FlexUSD would be a lot less if I left my money on that stablecoin regardless if the token was on SmartBCH or SLP version. And at that time, my money was within the SmartBCH sidechain, so I would be better off if I stayed invested in the Bitcoin Cash ecosystem.

If I held into FlexUSD, I would have lost value on either version SLP or SmartBCH. If I left my money on SmartBCH either on sBCH or Mist, It would have been the same result, and my money would have been trapped on the CoinFlex issue.

The best strategy would have been to move my money into RootStock RSK and exchange my money there for a stablecoin and wait for a price decline, but that thought never crossed my mind because I was too excited, and I thought that Sovryn as a DEX was a good deal.

Now I am thinking of starting collecting Bitcoin Cash again. So far, I have been able to manage my original amount, which is the amount I got from the fork around 0.11BCH. After that, I will work to collect one whole Bitcoin Cash again, and next, order my initial 5.5BCH just before SmartBCH came and just before I discovered sidechains in both networks BCH and BTC.

I would keep my Sovryn because I can't sell it at a loss and because I am taking it, and I would have to eat a 30% haircut if I was to unstake my stash so that that money would stay there, and I will write it as a loss in hopes that in the future prices go up. In the meantime, I will try to collect what I consider my initial amounts when I start my journey into Bitcoin Cash.

Those were my happy days when I held my 5.5 BCH because I had my money in a secure place. I want to return to those days. Today I completed my first goal of going back into that world because now I hold my 0.11 BCH. I will continue with my next move, 1 BCH, so that my mind can go back to what matters, using cryptocurrencies to escape the fiat world and become an independent citizen.

I am glad that Bitcoin Cash exists and that websites like NoiseCash and ReadCash are part of the BCH ecosystem because even if we make mistakes, we can go back and hit the reset bottom and start over again. That can only happen because the BCH community thinks of Bitcoin as a currency and not just a store of value coin, aka speculation asset without any utility.