20$ Challenge! Week 2 - Loss of 0.9$
Hello and welcome back to a 20$ challenge update!
We've had an amazing long weekend in the UK with plenty of sun and temperatures of around +26 degrees which is insane (for the UK) and certainly does not happen very often. On top of that I was lucky enough to have a camping spot booked for a couple of days so my partner and I spent this weekend camping in the national park of Snowdonia in North Wales. In a way I am glad that I have been able to zone myself out of the crypto trading (we had no reception at all and no wi-fi) and enjoy the good weather, however, this also means there has been less time for me to focus on following charts and finding opportunities to trade.
Nonetheless, in Week 2 I have opened and closed two trades. The first one was EOS/BTC and the second one with XLM/BTC. These have been covered in a little bit more detail in my previous posts (links below).
Although I have failed to achieve my profit target of $20 I am sure other opportunities will present themselves in the next couple of weeks and I will catch up. On weekly charts almost all the major cryptocurrencies have been showing considerable increases in prices for a number of weeks (ETH/BTC is a good example with 5 weeks of substantial gains, other major cryptocurrencies have had at least 3 green weeks in a row). The fact that we have started seeing signs of consolidation can only be a good thing in my opinion.
Here are the key parameters for Week 2:
Trades:
Stats:
Links to trades of Week 2:
https://steemit.com/cryptocurrency/@andrius1/live-trading-5-eos-losing-trade
https://steemit.com/cryptocurrency/@andrius1/live-trading-6-xlm
Follow me @andrius1 for updates on the 20$ challenge, feel free to re-steem and upvote! Would you like to join me and do a 20$ challenge of your own? Let me know in the comments below so we can set something up.
