crypto currency

On May 12, 2021, I bought a small amount of XLM - Stellar Lumens crypto coin from Coinbase - I decided to invest in this coin for the next 12 month, once in a month buying coins and spending about USD 50 on that (monthly)Disclosure:  This article contains affiliate links to the Coinbase.com website, by clicking on links on this page and by investing with Coinbase, I will earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing…

Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in 2017. What followed was, a day trading on Poloniex,  I even built a custom Ethereum mining rig. I have played with cloud mining contracts from hashflare,  and now I've found my way into Bitcoin / Ethereum options trading. It's not that I would call myself an expert in options trading, in fact, I have made just a couple of put sales in the regular stock market - I tend to…

I'm 33 now and I have a goal to save one million dollars by the time I will turn 60. That's 27 years to go. I've been documenting my journey towards financial independence for the past two years already In today's article, I will review the past year of 2018 and take a quick glimpse at the New Year of 2019. Just like in the previous year, 2017 for me was a year of peer to peer lending, dividend-paying stocks and  - cryptocurrencies. Speaking of cryptocurrencies 2018 was really bad for my long…

Yesterday I got an email from Poloniex.com informing that they are delisting following coins: AMP, EXP, and GNO AMP was among one of the first coins I kept for the long term. EXP was a coin I mined together with ETH and ETC.  In fact, I was really hoping EXP could turn into something huge. Anyway as I was holding a couple of AMP's and EXPs I decided to log in to Poloniex.com and dump these coins immediately.  Unfortunately, the damage was already done and EXP/BTC pair had lost already -20%,…

Time flies and it turns out it has been already more than one year since I've been investing in cryptocurrencies. Wow, what an interesting time it has been - starting with buy and hold, day trading, and even building up a custom ethereum mining rig. At one time I even experimented with cloud mining contracts. It all started in the July 2017 when the idea of purchasing crypto once in a month came after a brief conversation with a friend over Facebook, while I was enjoying mild Summer nights in…

In today's article, I will demonstrate how to transfer Ethereum Classic (ETC) from MyEtherWallet.com to Poloniex.com exchange (or any other etc address). For a prelude - I first created a MyEtherWallet address to claim Golden Fleece Tokens (How To Add a Custom Token Balance in MyEtherWallet.com), then I built a gpu ether mining rig and claimed all earnings via MyEtherWallet. With time I started to mine other coins, and at one stage decided to give it a try for ETC coin (probably I was looking…

I didn't have a plan to reduce my existing holdings, neither from Baltic stocks, Mintos or crypto investments, but in order to keep up with my investment goals - I just have to Long story short - I opened a low-cost European brokerage account at Lynx Broker, and despite it requires a minimum deposit of EUR 3,000 to open an account there, I asked could I do it in several batches. Turns out you can. Low-Cost European Stock Broker - LynxBroker.com Review Now, I decided to start small and…

It has been a while since my latest updates with my Ethereum GPU mining rig. In fact, Q1 2018 has been pretty dull for crypto investors, including miners. Long story short - at the end of 2017 I decided to build a small Ethereum GPU mining rig, now in the middle of April 2018, in total, I have invested in this mining rig $1,661, though the total ROI has been just 11.63%. In the past 4 months, I have mined humble 0.32 ETH, with today's ETH/USD ($515.83) exchange rates that would give USD 165…

The cryptocurrency bear market which has started in 2018, has finally hit my humble cryptocurrency portfolio and have vanished all the huge gains I made at the end of 2017. Ethereum (from my portfolio) has been hit the most.  Since the begging with 2018, I have lost about $3,000 virtual money - January and March have hit portfolio the most. It's not that I wouldn't be aware that cryptos are volatile, in fact, from my short crypto investor experience (joined the game in July 2017) I have…

In June 2018, Google will update the Financial services policy to restrict the advertisement of Contracts for Difference, rolling spot forex, and financial spread betting. In addition, ads for the following will no longer be allowed to serve - Binary options and synonymous products, cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice) Now, this update doesn't come as a…