Working in IT, i have been aware of Crypto Currency like Bitcoin (BTC) and Ethereum (ETH) for quite a while. I was also aware that these coins could be mined using a computer.
What i was not aware of is, that these currencies could be traded just like stocks and shares!
Ok........... so on April 28th 2017 i purchased £200 worth of Bitcoin on Coinbase https://www.coinbase.com/. Then i thought well what do i do now?
So i watched a few Youtube videos, did a bit of research, thought about it for a while. Well that's all i ended up doing for a week. When i checked back after that week, low and behold the price of Bitcoin had gone up and so had my wallet value. Not by much mind you, only about £30.
So........... May 10th 2017 i sent a small amount to Bittrex https://bittrex.com/ and started to trade. By May 14th my Coinbase wallet had grown again so sent £200 to Poloniex https://poloniex.com and started to do some daily trades. Not looked back since.
I also started mining Burst on my home computer, but that's for another blog
May 15th things were looking good
And 26 days after i started......Doubled my money!
Oh and June 3rd 2017.....still smashing it!
You can't expect coins values to always increase
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Correct, and the crypto markets move up and down very fast. This of course makes it very easy to make or lose money very easily. The skill is knowing when to buy and when to sell........
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With Bitcoin, its pretty difficult to know when to sell, seems easier to know when to buy (always!) XD
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Learning thanks
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June 5th.. still going strong
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07/06/2017
This is insane... now treble
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