"The Asteroid Files are an archive of my detailed, real-time accounts as a cryptocurrency trader. I am not one for posting frequently, but a friend told me to do a fun little series on how I trade, what I trade and why I trade. Maybe this could turn into something fun. Maybe not.
Either way, I'm going to enjoy myself and tie in some fun science fictiony type of stuff with my daily trading endeavors.
Hopefully I can either bring some direct value via entertainment or my sheer trading awesomeness. Regardless, anything you read in my files are not to be taken as financial advice, as that would be wildly irresponsible.
Invest at your own risk and seek help if you are not experienced. My posts are for entertainment purposes only, especially considering that the title of this series is about asteroids which has absolutely nothing to do with trading... or does it?"
Wow wow wow! What a crazy few days for crypto currency.
Some cool stuff has happened with several of the projects that are in the asteroids portfolio.
Remember, this is a long-game, but we need to keep our eyes forward and remember what we're doing here. The goal is to build a lasting portfolio of crypto currencies, alt coins and SE tokens over time.
GNT was sold for STEEM and is being revaluated for a new position in another crypto or potentially in an SE token.
Why did I sell this?
I sold it because the value gain in terms of STEEM was disproportionately high.
STEEM and all the other alts went down, but GNT held it's value quite nicely.
I ended up getting about 650 STEEM for closing that position (a 150 STEEM profit).
This is the name of the game. Now I've got some profits to throw around into a new position for the long-haul.
I still like GNT and that's why I'll be back in a position there when the market settles. For now, I see GNT holding its value like that as a short-term move against other alts, so I'll wait for the dust to settle and then hop back in on some Golem because I love that project.
