Today was a solid day. Today is the day I started to make some real money,
Made quite a few trades, might be a longer post.
I started the day transferring my Tether back into Bitcoin. I didn't make any profit on this transaction.
Added $130 extra funds to my account via Litecoin. I actually liquidated most of my alt holdings at a loss.
I'm confident now i'm my trading. Hodl makes no sense to me anymore when the market is a bloodbath.
Anyhow lets dive right in and see the numbers:
Current Bitcoin Price on CMC:
$10 000
Began the trading day with:
0.0304 BTC
$304 USD
Added funds:
0.013 BTC
$130 USD
Ended the trading day with:
0.0.0813 BTC
$813 USD
Total Profit:
0.0379 BTC
$379 USD
ROI:
87%
Lets take a look at the trades:
B = Buy
S = Sell
R = Remainder
C = Carryover Balance
HUSH:
B: 40 at 0.00059902, 14 at 0.00058752,
S: 13 at 0.00066743, 41 at 0.0006598
First trade of the day, solid first trade, starting the day off right.
UFR:
B: 512 at 0.00004, 330 at 0.00003855
S: 842 at 0.00003972
This trade was annoying as fuck. Big panic sell, tonnes of volume, but sideways for 4 hours until I finally pulled my money out.
PENG:
B: 50,000 at 0.00000003
I thought I was clever buying a brand new coin. Good thing I only put $15 on it.
SLOTH:
B: 49,900 at 0.00000002
Lol. Same deal here. Now it's sitting in a sell wall waiting for a new home.
SPN:
B: 2260000 at 0.00000003 , 1500000 at 0.00000002, 499001 at 0.00000001
S: 3760000 at 0.00000003, 499001 at 0.00000002
After buying those crap coins above, I wanted to explore extremely cheap coins. I'm glad I did. I was watching the order book like a hawk making sure I wasn't going to get my order lost, or get stuck with coins at a high price. Hence the buying and selling at the same price. Until I know it's going to make profit, I'll get out of it and not risk the loss. I don't want to sit behind someone else waiting for an order to be filled in this type of trading.
CCB:
B: 759845 at 0.00000003, 427178 at 0.00000002, 1031176 at 0.00000001
S: 1187023 at 0.00000003, 1031176 at 0.00000002
Bought a bunch at 2 satoshi, then my order filled at 1 satoshi so I sold it all back at 2. Then I got a nice buy at 1 satoshi and sold again at 2. At this point i'm putting in $100 - $200 in every time.
AGA:
B: 15248 at 0.00000010
S: 15248 at 0.00000014
This was an awesome trade! I found a discrepancy in price. 9 satoshi bid, 15 satoshi ask. So I placed an order for 10 satoshi, filled, and posted a sell order for 14. Worked like a charm.
OZC:
B: 365802 at 0.00000003
This order actually filled by the time I got down here, but i'm ending up selling again at 3 satoshi because the market is aggressively moving down to the next level. I have buy orders at 2 so hopefully i'm close enough on the list where I can repost them for 3 and make the sale.
EQT:
B: 178 at 0.00002796
S: 178 at 0.00003357
Normal strat, buy on the panic, sell on the bounce. Good as usual!
LDOGE:
B: 499000 at 0.00000002
S: 499000 at 0.00000003
Awesome little trade, I had to sit in a buy order for a few hours, but when it finally went through, I was able to repost and sell immediately, giving a nice 50% profit in no time.
These little shitcoins were a perfect gem today. A bunch of these coins just got listed so the walls were thin and made it easy to trade on. I don't suspect i'll be getting these types of trades every day.
I need to take some money out soon because funds are low and i'm between jobs (starting up my new one Saturday). My goal tomorrow is to try and earn the amount I need to take out.
Wish me luck.