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A year plus of experience with my Morpher.com airdrop tokens
I've been seeing happy folks here about their cats and meows. On an airdrop that they've received several days or weeks ago. I'm happy for you, guys.
I joined several airdrops a year ago. Some of them were successful and didn't push through. I remember buying a Setocoin token on a pre-sale and another token that I've forgotten the name. I just figured out one day that they didn't have any value anymore in my Trust Wallet. I've lost almost a thousand pesos.
But I'm lucky that I joined the Morpher token. Last April 2020, I was given 1000 MPH tokens which I successfully claimed after my KYC.
After claiming the tokens, I then went to the website Morpher.com and bought several stocks. Yes, my friends, I have BTC and I'm one of the "stockholders" of Apple and Google. I feel like a millionaire already. Here's a screenshot of my trade history:
I actually didn't do anything in my Morpher account after buying the stocks. I did HODL!
So here's how they look recently:
If I understood it correctly, I gained 386.31% in BTC, 90.61% in Google, and 68.79% in Apple. I wanted to sell my BTC and buy BCH. Is it going to be a wise move? I want to study more about trading but my brain won't cooperate. I need your input on this matter.
Before I go on about my Morpher.com experience, here's what MPH is:
MPH is an ERC20 token, built on top of Ethereum like almost all of Decentralized Finance (DeFi). Following the ERC20 token standard makes MPH natively compatible with nearly all crypto wallets and crypto exchanges. Every trade on Morpher is placed using MPH tokens, and all gains/losses are paid out in MPH. Even with fiat-stable trading planned in a future release, MPH will always be the settlement currency. This is because MPH uniquely enables the entire Morpher Protocol (Source: https://coinmarketcap.com/currencies/morpher/)
These are just a few of its features:
No trading fees
No minimum capital requirement
Every market can be shorted
The protocol can support any leverage
The rest of the features can be viewed from its whitepaper.
At this moment 1 MPH token is at $0.0302 as per Coinmarketcap and it dropped at -10.13% today. Hopefully, it will go up soon.
Here is a screenshot of my Portfolio:
Can you confirm that I am reading this one right? Last July 24, 2020, I bought $10.47 worth of BTC in MPH tokens and its value now is $51.14 and I have gained $40.66 as its return. I am happy to be stand corrected, please forgive me for my ignorance.
I also wanted to try the withdrawal process of the website. There are 2 ways to do so. The first is through cryptocurrency and the second one is through the bank but that feature is not available yet.
So if I want to withdraw in cryptocurrency, I have to do this:
I am afraid to make some trading but how will I learn if I won't? But I will need some time to study and absorb all the terms and processes. I know it's just free money and I should take risks, am I right? Otherwise, I will not grasp anything and become knowledgeable in this field.
I will greatly appreciate your feedback or advice on what I should do.
How about you? Have you joined airdrops recently? How was your experience? Let me know by leaving a comment below.