How's your Crypto Portfolio during this Bearish Market?
Well I must say mine decreased 50% but it didn't cause me to panicked.
Only my FORTH token at my Coinbase wallet. That I panicked the moment I saw the percentage of Buy and Sell.
And it shocked me that there's so many people or shall we call them whales? who sold their Crypto! 93% Just wow! And The zero number came inside my mind. What if It hits on 100%? Then no more FORTH left for those who are still hodling.
And then I decided to Trade my FORTH into our very own Bitcoin Cash. At this moment there is no safer Token in my own opinion but only Bitcoin Cash.
I trade $300 worth of FORTH to Bitcoin Cash. And this is my biggest loss too as My FORTH is worth $800. I just fall asleep lol, just a little bit and then the price immediately dive.
Crypto World is very unpredictable and volatile.
At one glance it is $500 then I just fall asleep for a minutes it suddenly dive into the deepest $300. And while checking on how many people sell their Forth Token it make me shocked because 93% is very high.
So I Immediately trade my Forth into Bitcoin Cash. And was so glad I did it. The $300 immediately rise into $423.
I traded at a $600 price of bitcoin cash and it went up to $884. So there's still hope to recover the loss.
I Trust our very own bitcoin cash to rise and goes back to $1500.
That Forth Token was the air drop that I received from Publish0x. And I'm very lucky to be included. I just leave the remaining Forth that I withdrew last April 23, 2021. But didn't expect the Bearish Market.
Some of it was already Converted into Bitcoin Cash and was sent in my Binance Wallet and Trust wallet.
Yes my Bitcoin Cash are all scattered on my different wallets. It's just that I followed the saying "Don't put your eggs on the same basket" lol but I really followed this hehe.
This is what's inside my Coinbase wallet. I left a very small amount of FORTH just in case it will rise again. At least I can still ride on it's bull run. If ever there is, but who knows we can't predict the future especially the Crypto Market.
I just save some in Dai stable coin too.
I also has some FORTH token left in my trust wallet. And as you can see they are the main Tokens in my Trust Wallet.
The amount before the dip inside in that wallet is $1k plus but now it went down to almost half.
BNB at a price of $600 plus is worth $200 plus now it went down to $149.
The same with my Bitcoin Cash. It is $200 plus before at a price value of $1500. But I have a big faith on our own bitcoin cash. It will rise again to the moon and soon will reach $2k.
It only needs some patience. Let's make it a Virtue.
This is the most Bearish Market that I've witnessed so far in this Journey.
Everything went down immediately without further ado. Leaving people in shocked or is it just me? lol.
This is my Bitcoin Cash in Binance. I just remember it is worth $93 but it went down into $40.
And I already set the sell limit into $2000 worth of Bitcoin Cash. Until the Bear Market occured. But I'm still waiting. My Bitcoin Cash will still be waiting ready to Trade when BCH reach this amount soon.
I also put my Bitcoin Cash into Flexible savings. Together with the other Tokens.
And everyday it will accumulate an interest. So it's not bad at all. It's a good thing to save and earn some interest on your Bitcoin Cash.
The dip continued to went down and down. And I'am sleeping when bitcoin cash hits in its lowest price which is $490.
Seeing that I have some USDT in my Flexible Savings. This is the best time to buy Bitcoin Cash during this Dip.
So I redeem my USDT at flexible savings and bought some BCH. I did not able to screenshot some of my redemption. That photo above is the only one that I able to captured.
And since I already has Bitcoin Cash on Flexible savings and in Spot Trading. I decided to create another wallet.
I sent $50.77 and $108.50. This is the Bitcoin Cash that I decided to hodl until next year. Up or down it will remain. I will not swap or withdraw.
Hodl till 1 year and let's see what will happen. Will it rise or will it fall? who knows. Nobody knows what will happen in this Volatile Crypto World.
So let's add them and the total is $159.27. This is my Hodling at a $600 worth of Bitcoin Cash price as of the moment of buying during the dip.
Let's observe how far will my $159.27 will go within a period of one year.
And patiently waiting for the loss that brought by the bearish market. Looking forward to see the bull market again shining shimmering in green.
Especially Bitcoin Cash. It will surely be back on the right track.
Some of my earnings are transferred on my Coins.ph wallet too. Waiting for the bull run hehe.
But this screenshot above is what I buy during the dip. Worth of 0.18 BCH which is equivalent to $146 at that time at a price value of $600 Bitcoin Cash.
And it is PHP 5,890 pesos in my fiat currency when it arrived on my wallet.
The market is slowly recovering and BCH price is keep on rising too.
From only 5,890 pesos it rise up slowly to 6,514.06 pesos.
Then so happy to see that it keeps on increasing.
Then in just one day my 5,890 pesos rise to 7,320 pesos. Just wow right? I didn't regret buying Bitcoin Cash during this bloody Market.
On my Bitcoin Cash investment. I gained 1,430 pesos. Buying during the dip surely has benefits.
But be sure to keep and save some USDT in your wallet in times like this. Good thing I put mine on Flexible Savings.
We should always be ready bull or bear and red or green.
It's another Journey of experience from Crypto World and thank you all for being with me.
leejhen π
Surprise!
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I'm still new to crypto currency, and the 1st one that I knew was bitcoin cash because of noise.cash. And I'm loving it! I hope I would be able to reach that too. Someday. Hopeful