losing interest because of Hodling

4 24
Avatar for nomadghada
2 years ago

Hey everyone,

I am a self-declared Hodler and been hodling my BitcoinCash for so long, I have had them when the price were $1,000 and I still have them even when the price is hovering around $300

10 - 20% APY on FlexUSD

As you may be aware that you can earn interest on flexUSD that you hold on Bitcoin.com Wallet

While I don't have much Crypto to begin with I do want to earn some interest on them, and other custodial platforms are not of my liking.

I prefer to have my Crypto in a non-custodial wallet.

Problem with that

I want to convert some of my Crypto into flexUSD and earn that interest. But if I am essentially selling my Crypto that too when the market is down and I am already on a huge loss.

When Moon?

I have been waiting for months for the prices to improve at least to some degree so that I could convert some of my BCH into flexUSD.

Yet the prices are still not even near favorable for me.

Why sell?

Honestly, mostly it is just to experiment to see how this whole thing will work.

Secondly it is a good thing to diversify and keep some stable coins as well, which can be useful in many scenarios.

So... for now I am hodling on.

5
$ 3.88
$ 3.81 from @TheRandomRewarder
$ 0.05 from @Unity
$ 0.02 from @CyberCrypto
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Comments

the same bro I am also waiting and not converting my crypto in flexUSD as I will go in loss if I convert when the market is low. Also I already suffered loss in the couple of days

$ 0.00
2 years ago

You and me both bro :.(

$ 0.01
2 years ago

Hope all your goals in crypto will do come true. Best of luck on this.

$ 0.00
2 years ago

Thanks you :)

$ 0.00
2 years ago