Secured my Initial Investment
By ARIES1973
@ARIES1973 (11426)
Legaspi, Philippines
April 19, 2021 7:01am CST
I was monitoring the price of Bitcoin Cash the other day and from the prevailing price of $430 during the first week of February, the amount suddenly went up to $1,200.00 on Saturday. Being a moderately conservative investor, I decided to take back my initial capital. For me, this is a safe move considering that the price of BCH already reached more than double of my purchase price.
It was a wise move for me because the price went down to $900.00. I am now playing with my profit and if ever the price went down, I could buy again at a lower price and if ever the price went up, I still have some amount on my account. I will just continue to work on sites offering BCH payment to increase my balance and reached at least 1 BCH before the year ends.
15 people like this
14 responses
@ARIES1973 (11426)
• Legaspi, Philippines
19 Apr 21
I am using my local wallet, Coins.ph. I like it here because I can easily convert the cryptocurrency into our local currency. Yes, cryptocurrency is a high risk activity and requires a lot of patience. Crypto is very volatile so we need to closely monitor the movement. Just feel lucky this time.
I am also trading with Binance and earning a few amount every now and then.
1 person likes this
@msdivkar (23359)
• India
21 Apr 21
@ARIES1973 I am in stock market and feeling the pinch of its volatility. Getting into Crypto is out of question.
1 person likes this
@wolfgirl569 (106963)
• Marion, Ohio
19 Apr 21
Glad you could get your money back.
2 people like this
@ARIES1973 (11426)
• Legaspi, Philippines
20 Apr 21
We can always get our money back provided that we are patient. The only question is how long do we have to wait.
1 person likes this
@allknowing (136997)
• India
20 Apr 21
@ARIES1973 I am a zero in bitcoin How about writing an article in Forum Coin - bitcoin for beginners?
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
20 Apr 21
Thank you. I've learned a lot from my previous activities involving Bitcoin.
1 person likes this
@RebeccasFarm (90068)
• Arvada, Colorado
19 Apr 21
I am so glad you used your savvy AIRES
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
I know that it is hard to find money these days. So I need to make sure that I don't lose it.
1 person likes this
@RebeccasFarm (90068)
• Arvada, Colorado
22 Apr 21
@ARIES1973 You are so right about that..I am struggling terrible here the rich get richer off my back
1 person likes this
@jobelbojel (35722)
• Philippines
25 Apr 21
I don't know how to invest or where to invest BCH.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
25 Apr 21
The simplest way is to buy using Coinsph when the price is low and sell when the price is high.
1 person likes this
@jobelbojel (35722)
• Philippines
25 Apr 21
@ARIES1973 oh nice. I have a coinsph that I used before. I used to receive btc years ago.
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
There is the sister company... Read.Cash. We can submit articles and earn some amount.
1 person likes this
@AKRao24 (27424)
• India
14 May 21
Hearty Congratulations for getting benefit out of the Bitcoins you have invested and you have done the same thing as anybody would do in the stock market as the profit was considerably good!
My point is that there is risk in every investment which I fully agree!
I just wanted to know why and how you are trysting the Bitcoin where it s a virtual coin, no body is there to guarantee, there is no 'Mint' like we have for real currency or Fiat currency?
While monitoring the cost of the Bit coin, what all you do, except for watching the trend of the market price?
This is just for the curiosity of mine and the members present here, I am discussing!
@m_audrey6788 (58472)
• Germany
19 Apr 21
That`s good. Glad you found something like that. Enjoy.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
Thank you. I have been with Bitcoin for several years. But I would only rely on different faucets for earnings. This year, I decided to put some amount for investment.
1 person likes this
@owstalaga (4707)
• Philippines
13 Jun 21
Oh nice move. Did you put it in Coins PH? Speaking of BCH, there is even another writing site where you can earn BCH but I haven't even tried that yet. Ugh too many things to do just to earn money hahaha.
1 person likes this
@marguicha (223410)
• Chile
19 Apr 21
I would like to learn a bit about bitcoins. Maybe then I could invest a bit there.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
I hope you could start soon. We can start with little amount until we get the knowledge.
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
I don't want to settle for the ordinary. That is why i am trying my best to learn about other ways to earn.
@Letranknight2015 (51993)
• Philippines
19 Apr 21
I think I still have my account at coins but never used it. I just didn't have the time to get to know these bitcoin things. which site did you purchase bch
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
19 Apr 21
I bought BCH from Coins.ph which currently supports 4 cryptocurrencies. I've learned about Bitcoin in 2013 and already tried various ways of earning and investments. BCH is a Bitcoin fork and has been around since 2017. But I just started exploring this crypto since February of this year.
@ARIES1973 (11426)
• Legaspi, Philippines
22 Apr 21
I haven't tried stock investment as of yet but I am planning. I am still making thorough research before starting.
1 person likes this
@LadyDuck (471740)
• Switzerland
22 Apr 21
@ARIES1973 It is a good idea, take your time. That was my job in the past.
@YrNemo (20255)
•
1 May 21
wow, you are brave. I heard a lot of people become rich suddenly because of this wise investment.