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Market is red ? Just accumulate faster

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@ykretz
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4 min read

I totally know I'm not the first writing about this topic. I read a lot of posts about it.

I still can't understand.

Everytime the market goes red a lot of people give up. Didn't they realize the market always goes up and down again and again ? The market is down ? BTC is only 30k and everybody flee, one year ago it was 10k.

I imagine that most of the people quitting the crypto are the ones only buying ones like BTC or ETH and waiting for the price to grow. I can understand them. I wouldn't do the same.

First of all I don't really like the fact of buying only to see the price growing, I don't really like speculation nor about Crypto, gold, stocks nor Pokemon cards.

With the high fees of BTC, even if it's only few dollars, that's already too much to use it as a real money. It's stupid to buy your lunch with BTC, you pay $10 + $2 fees. It's nonsense, the money can be useful if you wanna buy big things Like a Tesla (I don't know if it's possible again though) but it's would be a proof of stupidity or excessive and shameless wealth to buy your coffee, sandwich, beer, bottle of water or any other object that cost only $10 or less, even paying $30 and having $2 fees is really annoying. No need to say it's even worst with ETH.

That's why I find more interest of using other tokens with low or even without fees. Like BitcoinCash for low fees or Hive to totally suppress the fees. And the most important part is that I use it in more useful ways. I'm earning hive here with my blogs and comments and BCH by microblogging on noise.cash.

Why do I love it ? There is a lot of reasons.

With BCH there is already a lot of stores accepting it as a payment method, BTC too but the fees are way smaller with BCH. Unfortunately there is not that much in my country but if one day I have to move in other countries, I know I'll be able to pay with it.

And why is this a good idea to use BCH now ? Today I'm earning around $1 each day on noise.cash. It was also that speed when BCH price was $1500. That means that when I earn $1 today, I earn 3 times more BCH than one or two months ago. I'm using to get my payments when I reach $10 with noise.cash. The first time that was around 0.0085 BCH. Now it's more around 0.025. So if the price decide to grow again, I will have so much more money in my wallet !

If you are a marchand, can you sell whatever you want, starting to accept BCH for you store is to my mind a really good opportunity !

There are a lot of ways of staking it and earning high interests on it. And as for noise.cash, if you accumulate it now, when the price will rise you'll see a huge earning incoming ! I'm using nexo to store my BCH and I earn daily interests on it. With my current 0.3 BCH/$135 I get $0.02 daily. Around 6,5% APY, not as much as CUB but that's still way bigger than most of banks !

There are a lot of articles to explain how to accept BCH with your store. And if you only read the one I share you can also see that if you can you can accept BCH and receive your local currency in your bank account instead of BCH if you want.


Hive is also very different from most of the currencies. First of all, if you want to earn here you have to participate at least a little in one or several communities.

Even if there are a lot of projects which goals are to make money (CubLife, LBI, DHEDGE, BRO, SBI etc...) the whole platform is really different. There are a lot of games and services on the chain !

One of my favorite you can find is HivePay ! Really simple, it's made to pay anything with Hive. Imagine, you want to buy something, like a blanket, on a website, let's say amazon, and when you need to pay, you can choose between you credit card, paypal or HivePay, and that last option could use any Hive or Hive-Engine tokens you have in liquid.

I would love to have an opportunity to use this. As a seller I mean. That would be awesome, selling something and receiving Hive tokens is like a dream for me !

Hive.pizza is a great team on Hive. First they have a great tip tool but their website is also offering great opportunities. It is growing and still waiting for new updates to come but there are already things that can be made.

One their store you can already buy some video games. You have pretty great sales on them and obviously you pay with HivePay. Some other features are coming, like Hive original musics, or gaming servers for exemple !

Join me on Noise.cash and read.cash and earn BHC for your posts and comments. Stake your earnings on Nexo and earn up to 8% APY in dividends.

Join me also on Publish0x The website that rewards both readers and authors with ETH and ERC-20 tokens

Share your unused bandwidth and get paid for that with Honey gain

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