BitcoinCash's bullish performance over the last year is quite impressive, a 400% increase is good news for the 2.16 Bch I've been looking forward to and holding in my payeer wallet.
Actually, the Bch I have are more than a year old. The reason for holding them was to reach a total of $1500 (2.16 BCH) and to buy a new desktop PC to get rid of the veteran laptop I was planning to upgrade.
Now I'm close to my goal and I don't want to move away again when I'm so close, so last night I exchanged 1 Bch for dollars in my payeer wallet. 600 dollars for 1 Bch. Considering the $90-140 price range I started holding Bch at, this seems quite satisfactory, but I still don't want to give up all my Bch all at once. If the upward movement continues, I want to feel as little regret as possible and buy my intended desktop PC as early as possible.
I don't have any regret or satisfaction from having sold 1 Bch for $600, but I do have extreme regret for the $20 I lost due to my carelessness. When I exchanged 1 Bch for $600 on my Payeer wallet, the instant bch price on cryptocurrency exchanges was $620. The high deduction rate that Payeer wallet applies during exchanges is incredibly disturbing. I transferred my remaining BitcoinCash to another wallet because of this rate, which I didn't realize at the time of the exchange.
I don't think I'll be similarly careless and experience the disturbing situation again. I'm very careful, like the proverbial proverbial spoon-feeding the milk. I can even compare the exchange rates applied by the exchanges I use. If the remaining 1.16 Bch reaches a total value of $900, it will be combined with the $600 in the payeer wallet and my expectation of buying a desktop PC will be fulfilled.
I hope I have learned from the loss and set an example for those who don't know. The deduction and commission fees applied by Payeer wallet are much higher than other wallets in the market and create unfairness. In short, it is a mini detail announcement that I am trying to explain to the careless and uninformed like me.
Thank you for being here and for reading, have a good and profitable weekend and see you soon!
Hi @foryoubtc, great news! Your content was selected by curators @nalexadre, @ten-years-before to receive a special curation from BeBlurt 🎉 Don't hesitate to upvote this comment as the curators will receive 80% of the rewards for their involvement.
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