Why did I sell my 1 BCH?
Most of us entered on this platform with the goal of earning money. Some of us joined without any knowledge of cryptocurrency, we are just here because of the thought of earning without investing. Out of nowhere, we just started to write, explore and socialize with other users. As time went by, we got exposed to different people who are knowledgeable about crypto and blockchain. We got curious and interested, and then we tried to explore on our own. Fast forward, when we learned the financial opportunity that the crypto world can offer to us, we got hooked and decided to set goals to achieve.
One of the well-known and primary goals of every user of readcash and noisecash is to achieve 1 BCH. I already achieved this achievement last year, August 12, 2021, and I never thought that my skills in writing could give me an opportunity to earn that large amount of money. After acquiring that amount, I deposited it on the NEXO account and locked it every month. I did this to let my stored BCH earn interest. However, the interest is so little that I feel that I am not maximizing my assets. Also, one month for that small interest is not worth it. That’s why I decided to find other ways to grow my money.
One of the things I consider is to trade meme/shit tokens. I know that this is too dumb and hilarious move but you can’t blame a noob like me. Fortunately, my guardian angels whispered to my ears to stop my plan and find other safe ways. Also, thanks to my past experiences where I lost lots of money, I got traumatized and became more careful with handling money.
During this period, Axie Infinity was word of the mouth in NFT games. This is why I consider investing my money in it. However, the price of each axie team spiked at PHP 100,000 ($2,000) and I only have around PHP 30 000 ($600) which is obviously not enough. So I dig deeper; ask some people what other NFT games I can invest in, join different communities, read their whitepapers, and other things I can do to ensure that the money I will spend will not be wasted.
After a few days, I saw some posts on noise cash about My DeFi Pet. I got intrigued and decided to read some info about it. I found out that its CEO is a Co-founder and CEO of KardiaChain. Also, some of its team members worked on Gameloft. Gameloft developed famous games like Asphalt 9, Farmville, Gangstar Vegas, et cetera. Aside from the devs' good credentials, My DeFi Pet is also looking forward to joining the new trend; Metaverse. From the nice gameplay and roadmap, I got persuaded to invest some of my excess money and then eventually my whole BCH.
Did I regret my decision?
My DeFi Pet is a solid project with a solid foundation and I don't regret putting my 1 BCH there. As I said earlier, my main goal, for now, is to have an asset that will generate income. Once the main play 2 earn feature of the game is released, I can earn from it as long as I want. Even if I got my initial investment there, it can still generate profit. Basically, a lifetime money generating machine. However, the only downside of My DeFi Pet, for now, is the game progress and they’re taking too long. I think they already learned from their past mistake where they released an update that is full of bugs that resulted in several FUDS. That is why they are ensuring that the build update they release won’t cause any problems.
“You should have invested your money in smartBCH. You can earn passive income from staking and trading tokens.”
Actually, maybe that’s one of my mistakes. I am not that updated with smartBCH and I never thought that I can earn some pennies there. Right now, I am trying my best to cope up with the fast progress of smartBCH. I am reading some articles about the oasis.cash, the current NFT trends, new tokens, and etc. All of my earnings from January onwards will be allocated to investing. Wish me luck :))
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Akala ko for the needs and such uy. Pero 'di naman pala masama reason mo eh, maganda din. And, hope all may ganitong fighting spirit to take a risk. For sure, it will grow naman so pushhh. 🌻✨
Sorry, now ko lang nabasa. Hehe