Making the FIRST purchase in our portfolio today. As some friends have pointed out, this project is going to be a challenge because I'll never actually buy the recommendation at the exact time that it's made. This is a secondary project to other things in life so, like today, the purchase will probably come with significant delay. The benefit of the "pump" may already be lost. McAfee's recommendation is already up significantly today, so we're buying in late. Still, we're sticking to the plan.
Starting out a bit rocky, I'm not exactly sure if I have the right recommendation. McAffee's earlier tweet talked about an ICO per week, and here he talked first about the coin of day,
then he corrected it to coin of the week,
and then the announcement, a coin (FCT), not an ICO:
Hmmmmmm , what to do? How do we operationalize this? The Internet tells me that FCT is trading on Bittrex (and two other exchanges). Here's the plan:
- I'll buy $1,000 in BTC at cex.io (where my initial $1k is);
- Transfer it to Bittrex;
- Buy 50% of the balance in FCT;
- Keep the other 50% in BCT in case McAfee announces an ICO seleciton.
After executing on this plan, I ended up with 6.5 FTC and we've got about .32 BTC left for ICOs, or we can hold until next week's announcement. With the transaction costs and market fluctuations, we're down from $1,000 to $872. Balance screenshot below.
