The $38 experiment

in cryptocurrency •  7 years ago 

bittrex.png

In recent months, i have made interesting profits with altcoins. My favorite exchange is Bittrex. I have since sent back to my Trezor wallet all the BTC on that exchange. This morning, while checking my balance on my Trezor, i remembered that i had a bit of ETH in my wallet, around $38USD. So i decided to do a little experiment. I sent my ETH balance to Bittrex and sold for BTC. I then proceeded to invest in an altcoin (which i will not name at this moment). I did some research and finally decided on a candidate.

The plan is to try and 10x my investment before Jan1, 2018. I know this may seem ambitious but it can totally be done if you put time and effort into it. I will eventually diversify when profits start coming in and i will try to optimize profits as much as possible. Of course, you need to check your portfolio on a regular basis (at least twice a day) because breakouts can happen at any time.

I'm not sure how this will play out so only time will tell. On a personal note, the return on my investment for BTC is over 80% so far so i'm quite happy about that. Have a great day everyone!

*Disclaimer: I do not give financial advice, this post is for entertainment purposes only.

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Nice! 10x will be tough but possible imo

I like to invest more than I usually get 10 times in a month I am very happy