Crypto retirement fund: Update 1!
Crypto retirement fund: Update 1!

By MadMaxx | Psycho Crypto | 3 Feb 2020


Yo! What's up guys.

Remember that my post from about 4 days ago where I said I started a crypto retirement fund?

And where I said I'll be updating it randomly through the week?

Well, do I have some major news for you!

Here's my update 1 of my portfolio!

If you wish to read the starting post, you can see it here.

For everyone else who can't bother to bored by my boring post, here's all the cryptocurrencies I bought, and their amounts.

  • Bitcoin: $200
  • Tezos: $100
  • BCH: $150
  • XLM: $50

Now, let's look at how my portfolio fared.

First off is BTC. I bought BTC at about $9000. This, in my opinion was extremely good, since it hasn't traded below that for a while.

I caught  the 1st 9500 move, which put my new account equity at $211.12. Noice.

I didn't catch any of the other big moves though because I was managing my trading accounts, and I had some school work to take care of.

That was last week though. Today, BTC is down to 9250 as I write this, so it's a great opportunity to accumulate some free coins as well.

I'd like to note that I do compound my own interests, although I don't recommend non pro traders to do so.

I couldn't trade any of my other entries, although there is still good news.

Tezos however brought me an 11% move, which was just kind blowing. That did wonders for my compounded interest, but my $100 is now $112, thanks to the 11% move as well as my compounded interest up till this point. It's looking good.

My BCH is down by 0.35% on the day. I could have thwarted this move, but school got me.ūüė≠

My first loss in my portfolio cost me about $0.5, which IS a big deal in the long run. Plus double of that and I could get something at the dollar store, but we'll worry about that later.

Lastly, my XLM is also down 2.27%, although I was able to thwart this move before it happened. I didn't go Scot free however, as I had to pay about 0.0005 dollars in fees for shorting my position. So now my new Stellar balance is now $49.9995. Great.

So my overall equity before this week was: $500

My new equity is $522.7995. I think I'm off to a great retirement!

Thanks for reading guys!


MadMaxx
MadMaxx

Crypto enthusiast and professional trader. Master of chart art, and the picasso of pips.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.