I have really great news, that I probably should have shared a while ago but it's still great!
Remember that day a few weeks ago in July when every currency was hitting all time lows? Bitcoin was only $2000 CAD and Ethereum was only $180 CAD?
Well I bought an Ethereum during that time! I knew that it would be a while for Ethereum to become that cheap again, and it's usually hovering around the 300 - 400 dollar mark, so I knew that buying it would be a huge investment!
The prices were changing all day and by the time I made the purchase, I payed a total of $190 CAD.
I was feeling really happy about my investment, especially the next day when all the currencies were on the rise again, and Ethereum was already $250 CAD. In one day I had almost made $100!
My main interest in cryptocurrencies has to do with my future. I'm 14, and my goal is to have a good amount of my own money set away by the time I'm in University (19 to 20 years old ). Cryptocurrencies seem like the perfect way to do this, as they rise in price and I can get them for cheap now.
So this Ethereum Tracker is going to be a hopefully ongoing series tracking my purchase and my profit.
As of right now (August 22 2017), 1 Ethereum costs $394 CAD.
Current Cost: $394 CAD
Price I Paid: $190 CAD
Current Profit: $204 CAD
See you soon!