Getting back into the swing of things with a low account balance.
I feel very good about where bitcoin is going in the future. I have already taken out all of my initial investment plus more.
The goal now is to use the leftover money to generate more and more free bitcoins. I am confident the price will see an astronomical number in the future, even if it crashes a few times first.
Think of this - making 0.01BTC trades is only $100. But in retrospect in 5 years, that same 0.01 BTC could be worth $1000, or even more.
So i'm not really trading dollars. I'm trading extremely valuable bitcoins, that I got for free. Essentially i'm generating value for myself by using my time to buy and sell on in a digital auction. This is my job. And it's clever because not only am I making more bitcoins as I go, but these bitcoins continue to rise in value, making every winning trade today worth an exponential amount in the future.
I feel so blessed to have this opportunity.
Anyhow lets take a look at the trades:
Current Bitcoin Price on CMC:
$10 000
Began the trading day with:
0.01985 BTC
$199 USD
Ended the trading day with:
0.02554 BTC
$255 USD
Total Profit:
0.00569 BTC
$57 USD
ROI:
28%
Lets take a look at the trades:
B = Buy
S = Sell
R = Remainder
C = Carryover Balance
EFL:
B: 384 at 0.00002334
S: 184 at 0.00002539, 100 at 0.000026, 100 at 0.0000275
Just a classic panic bounce, ez money :)
LEA:
B: 30000 at 0.00000013
S: 30000 at 0.00000013
I was hoping to play the order book on this trade but it was too unpredictable too high of a risk/reward ratio for me.
BWK:
B: 12 at 0.00050112
S: 12 at 0.00050685
Just a baby one, just wanted to participate and put my btc into a more profitable trade.
TOK:
B: 38 at 0.00017998
S: 08 at 0.00018201, 30 at 0.00018859
Wasn't seeing a lot of volume for a push back, decided to get out while I could.
NTRN:
B:100 at 0.0000516
S: 83 at 0.00005489, 17 at 0.00005568
Quick lil panic bounce.
CRC:
B: 27 at 0.00049999, 1.5 at 0.00050992
S: 28.5 at 0.00052258
Again, little participation just to get things moving.
UFR:
B: 179 at 0.00003233
S: 179 at 0.00003375
Them low volume coins I tell ya. Trying to get in and out of them quickly but they weren't quite moving as fast as I wanted them to.
CNO:
B: 11111 at 0.00000043, 13000 at 0.00000045, 11111 at 0.00000047, 10000 at 0.00000049
S: 4500.0 at 0.0000005, 4500 at 0.00000052, 4500 at 0.00000054, 18222 at 0.00000056, 4500 at 0.00000058, 4500 at 0.00000060, 4500 at 0.00000062
Here I was testing out a "fat finger" strategy. Seemed to work pretty good, other than the fact I had to wait a full day for it to fill. Now that it has I am able to write this log! Anyways I will participate in more of these when I have more BTC to play with.
Thats all for today. Going to make some more trades before I go into my part time job later. I have been weening myself out of work for a while now. I trust my bitcoin trading will take me to where I want to be.
Cheers all
Portfolio:
