Bitcoin, Monero Plans
Well Bitcoin made quite the surge today, starting at 882.54 USD yesterday, to sitting around 920 USD now.
Hopefully it falls in the next two weeks to around $750-$800 range, because when my tax return gets here, I will be buying $1000USD worth of Bitcoin.
For Monero, I've been tracking it, and it's peak has been around $18 this month , So if it's price falls down to $9-$10 in two weeks time, I'll put all my bitcoin that I purchased in Monero and wait for the rise to around $12 and pull out. And keep repeating this trend a couple times. Monero is currently sitting at $12.16 and I expect it to fall after the next decent rise it sees, I just don't think I'll get my tax return moola back in time. If I do though, I'm all in!
This is all exciting to me. Maybe to exciting for my own good. I see bitcoin as a good currency to trade with. Due to the fact it's almost certain to always rise back up. May take months, but it's upward trend keeps me excited for the next couple of months trading it, and with it.
I will keep you all updated of my success and failures!