Today I decided to try and consolidate my portfolio by reducing coin amounts and accumulating BTC for more trading power this week.
I have 3-4 coins that are lacking legs and it seems updates have slowed, so they could be projects I have to put on ice until they have some movement. My number one "don't do" is ever sell at a loss. I did it in the very beginning of my trading venture and it was an emotional response to FOMO on other coins.
What I have learned now is never sell just because you need the BTC for another hot new coin. There will be plenty more opportunities you can take advantage of.
So what I have done is adjust some of my sell orders on coins that have signs of movement to see if I can get a few quick sales. There will still be good profit to be made just not 10x lol.
Sell Orders
The coins I am targeting with quick sell orders are BitBay/AMP/ETC, but this can change very fast depending on market movements and other coin volumes. Some of these may take a few days and even longer so i will adjust accordingly to best suit my target of 7btc.
[BAY]
I will most likely adjust this one, just wanted to show you what I have set today.
[AMP]
Looking strong and I am confident it will hit my sell order
[ETC]
Only selling this for the purpose of this challenge, and only 40% of it. I think ETC will be worth a lot in the future.
[PIVX]
I think PIVX will be worth a lot more in the future but I bought a lot when it was very cheap so this is profit whichever way I look at it.
Buy Orders
[CLOSED] A little birdy told me NEM [XEM] is going to make some progress, so I bought 0.3
[CLOSED] Ethereum I trade alot and for quick profits. I have some on a hard wallet for long term, but I love trading this. Bought only 2 today but I like the price and whats coming. So hopefully it helps lift the challenge target a bit.
[OPEN] I have traded XDN before and did well. I am trying to get this on the 100 sats mark. Community takeover is imminent I think. Order is for 0.2
Todays Total is 6.25 BTC
After buying a few and selling [1ST] yesterday the portfolio is up to 6.25 BTC which is a great start for day1.
click for larger image