Hey All,
Can Memecoins earn passive Income regularly Or are they Scam? Till date, I had closed to 4+ Million Chihuahua ($HUAHUA) Staked and was earnings a decent #HUAHUA tokens which I used to swap for a stable coin every week or so. First thing first - how I landed investing in this meme coin Chihuahua ($HUAHUA)? I started with investing with $50 and all this income came from my $EVMOS staking rewards. At that point in time, I had bought 4+ Million #HUAHUA tokens for almost $80+ and had staked all of the tokens. If I check the value of this 4+ Million $HUAHUA tokens then its worth $312+ not a bad deal right? So why unstake the tokens?
Unstaking my Chihuahua ($HUAHUA) Stake...
The simple answer is that I saw the staking rewards was not been giving out by the validator node with whom I had staked my tokens. And also considering the price of The Cosmos Meme Coin Chihuahua ($HUAHUA), I was wondering why not book some profits here and at least get my initial investment back. I am planning to take some profits where in I would be buying $ATOM or any other Cosmos blockchain coin. You never know when the downturn starts to happen for the Meme coins.
Surprisingly, there was a period when my investment was yielding a remarkable 7x return, yet I chose not to cash out and remained invested. What was once a $100+ investment had grown to over $700+, but I failed to secure the profits, and I now regret that decision. Nevertheless, dwelling on the past won't change anything, and it's essential to concentrate on the present. And for that reason unstaking and booking the profit now.
In conclusion, I'd suggest that if you've invested in a meme coin during its early stages and it's still providing a steady passive income, it's reasonable to #HODL onto it until an opportunity arises where it offers a return of 10x return or maybe more. However, it's important not to be greedy, as I did in my own situation, and make sure to secure your profits when the time is right or the opportunity strikes.... cheers
Have your say on - Chihuahua ($HUAHUA) - The Cosmos Meme Coin...
Please, note I am not recommending any Buy here. Just sharing my experience with $HUAHUA Meme token and how I am leveraging its earning into buying other tokens of my interest or rather restaking it to further increase my stake in $HUAHUA Meme token.
DYOR before buying in this - Chihuahua ($HUAHUA) - The Cosmos Meme Coin or any other Meme coin...
#meme #coins #passive #staking #defi #chihuahua #cosmos #huahua
Unstaking my Chihuahua ($HUAHUA) Stake - The Cosmos Meme Coin...
Best Regards
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