A huge week for me, as I finally get back in the black, finally have a crazy ETA on £1,000,000, and breathe a huge sigh of relief at regaining a big part of what I lost (and all of the copy trading losses, as I mentioned mid-week).
Crypto prices dipped again today, as they always do when I’m working out profit and loss, so I didn’t see the benefits of a couple of cyclic trades from this week. With Bitcoin moving sideways at the moment, I dropped in a buy at $89,000, sold it at $92,000ish, dropped it back in at $90,000 and am waiting for the next bump to sell it again. A few percent on each cycle, very nice, and low risk.
I had trouble with copy trading as well this week. I closed a position when prices popped up over $93,000 but then couldn’t do my usual trick (which I’ll explain some time) to get back in as the price dipped again. Support keeps answering the wrong question, so I have no clarity on that for the moment. Hopefully a temporary glitch.
Here are this week’s numbers (hope you like the new format):
It’s SO GOOD to finally see a positive number in the total profit, even if it’s only small (like 1.12% of the seed investment). And I hope you’ll join me in laughing openly at the 275-year ETA on my first million! That should accelerate (exponentially?) now that I’m back in profit. I was surprised to discover that the exchange rate affects the ETA quite significantly – I finally got Excel to pull a live USD-GBP rate from the internet for that, which should make things a bit more accurate.
In detail:
- Trading down 1.28% (from the price dip today)
- Copy Trading up 4.56%
- Banking up 5.05%
- Overall up 3.04%
The relatively big jump in Banking is because I changed my approach slightly, adding more risk and (hopefully) improving growth. I’ll explain that in my mid-week info post!
Oh, and I made another p0x friend: BaldNews, who has a news blog and one about earning crypto from faucets and similar sites. OK, so they’re in Portuguese but web translation takes care of that, and they have good information.
How was your week? Made any good trades? Talk to me! 🙂
