My investment strategy, changing the rules a bit - part one.
Good day everybody!
My investment strategy part two.
In part one I mentioned that I automated my sells starting at 250% gain at which I would sell 10% of the amount of that altcoin. In my first week 2 altcoin reached that threshold already. However I noticed that this would not fit for every coin. Such as Crave Coin, I had only 0.0036 worth of bitcoin, so I added another rule: that I would start selling coins which are in total worth less that .05 bitcoins at the start I would start selling at 1000% gain. Another ‘problem’ arised with for example ARK. I voted for a delegate and this would give me around 1 ARK coin every day. So also in this case I would sell from a 1000% gain. However this could not be automated since my ARK coins are not on a exchange…Spreadcoin is also a coin that I won’t sell at 250%. Every Spreadcoin holder would receive Helium coins in the future so I am keeping those for now.
The second week
Another great week! My investment grew to 139% from 5.33 bitcoin. The coins Crave and ARK, those which I would start selling and 1000% were at 500%+ and 300%+ way up! I added BAT coin which I heard good things about, however I may have bought it at the wrong time because it dropped to 70%. But in total in gained some percentage from last week. I also added bitconnect, where I put in half a bitcoin ($1260) in the lending part, some say that it is a scam others praise it. I am somewhere in the middle, I will talk about it later.
Image: gains and losses at June 10th, the second week.
Next time more! Thanks for your time! Don’t forget to comment and upvote!