Saturday January 20, 2018
Total BTC mined: 0.46060456
Total BTC mined USD: $5803.59 (based on today’s current exchange rate)
Total Spent: $1891.50
Remaining to break even: $0.00
I know it’s been awhile since my last post. Nearly a month to be exact and not a whole lot has changed.
Just kidding of course, the past month has seen money pile up to the sky then seemingly vanish the next day with price volatility impacting every coin from BTC to XRP. You might find this funny given how cranky I tend to be about cryptocurrency but I made a huge purchase of Ripple thinking it was going to $10+ given it’s emergence and the general wave of FOMO that comes when everyone sees a coin start to take off.
I ended up buying a bunch around $2.90 USD and now I have a 50% loss on the books. Of course I’m leveraging daily loans through Poloniex to make a penny every few days 🙂
And that’s my mood when it comes to cryptocurrency. I think that if you read all of my past posts you see someone go from being really excited about making their first dollar to being annoyed and pissed off at the incredible rise from $5k to $20k in a matter of weeks. I’ve picked some fights and pissed off a few traders on Twitter to the point of being blocked but at the end of the day, I’m happy with where I am.
I don’t need crypto to retire nor am I staking a huge percentage of my savings on it (if you want to know what I invest in, the answer is monthly dividend stocks specifically ETJ and EXG) and I’ve gotten to the point that the market manipulation / pump and dump / rumor mill has now ceased to exist. I’m going to be much more objective going forward rather than wasting emotional energy on pathetic losers like John McAfee.
Today’s photo comes to us from Hernán Piñera