Good afternoon everyone!
As always, here are my trading results for yesterday, although at a different time than usual. This is my one and only day off I get this week from that regular ole 9-5. Next week, though, I took some time off so I will be off for 5 whole days for Thanksgiving!
Yesterday was semi exciting in my little world of trading. I had a trade where I bought BCC and sold it in 7 minutes for a 3.26% profit! Pretty exciting for me! I was just wishing that I had more capital to play with! It would have made it so much better for me!
Speaking of which, I have a friend that has more capital to play with than I do. But his extent of cryptocurrencies is buying and holding BTC and ETH. I had a thought last night about asking him to loan me some BTC or ETH in exchange for returning it to him at a higher rate (ie borrowing .1 and returning .15 or something like that). He might be down for it. Allowing me to do the work for him to make him a profit. That would give me more to play with and would allow me to make more profits from my trades and once I've returned his capital, it would still leave me with more to play with further increasing my likelyhood of getting out of that 9-5! Worth a thought!
What do all of you think?
Anyways, without further ado, here are my profits for yesterday:
BCC- bought: .23 BTC, sold: .2401 BTC, profit: 11,613/$2.37, ROI: 3.88%
bought: .2199947 BTC, sold: .21999958 BTC, profit: 10,005/$0.64, ROI: 3.26%
SteemIt: participated in a contest and received 1 SBD for participation!
Total profits: 21,618/$3.01/1 SBD
Working my way up in the trading world!
I am also going to start reinvesting half of my profits from each trade rather than buying similar amounts each time or all of my profits. For example, if the trade was .001 BTC and I received .0001 profits, then my next trade would have an approximate value of .00105 BTC. How does that sound?
Anyways, Thanks for reading!!!