crypto currency

Cryptocurrencies are Volatile - Here is How I Lost $1,000 in Value in a couple of days

| 0 views

Wow, what a bearish ride for the past couple of days in the cryptocurrency world. Bitcoin and all the other major altcoins have lost value on average by 25% in the past couple of days. From trading BTC at $11,615 on March 5th down to $8,606 on March 9th.  Long story short - I've been investing in cryptos since the second part of 2017. Before actually investing in cryptocurrencies I developed the so-called dollar cost averaging plan, and decided to buy the major cryptocurrencies once in the…


Back testing BTC/EXP RSI on Gekko Trading Bot

| 3 views

For the past couple of days, I've been testing Gekko BTC trading bot, executing a few trades running the bot on my laptop, ending to build a VPS to run Gekko trading bot on a cloud. As you can see for right now - I'm fully determined to master this trading bot. To master trading like a pro some should learn basic technical analytics, in today's article, I will speak about using Relative Strength Index (RSI) for crypto trades. I believe RSI is one of the easiest ways to trade cryptos. …


Investment Goal #2 - Trade Bitcoin from 0.033 to 0.05 (Altcoin Flipping)

| 1 views

At the start, I wanted to set a goal to trade up to 1 BTC, but then I realized I should set more realistic and achievable goals, as despite I've been exposed to crypto investments for more than 7 months already, the total net worth for my crypto portfolio, barely reaches just 0.3 BTC. I have a several tactics when speaking about crypto investments, the first and most stable - buy and hold once in a month, no matter what (dollar cost averaging), since the second part of August 2017 I've been…


Dollar-Cost Averaging Bitcoin and Altcoin Review After 7 months

| 0 views

Originally I planned to publish a brief recap of dollar cost averaging in bitcoins and altcoins at the start of January, as it marked 6 months since I've been using this approach for investments in cryptocurrencies. Time flies, and I forgot about this article, now, with cryptomarkets tanked with the start of 2018 I decided it still matters to come out with such article. A brief background - I'm quite new to crypto investments, I bought my first Ethereum back in July 2017, see First Investment…


Mining Ethereum @ ~53 MH/s and Siacoin @ ~310 MH/s Earns me $5.53 Daily - And It's Time to take a Pause

| 10 views

Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from cryptocurrency mining experiments - I have installed another gpu card (in total there are  already 4, giving a hash power of about 53 MH/s) and second, Ethereum price has dropped by about 40% in the last days (from $1,430 in January 13, 2018, to $1,007.41 in January 23). Both things heavily affect…


Would I invest $2,000 in Cryptos (Buying / Trading / Mining) in 2018

| 0 views

I got a phone call from a friend, pretty strange phone call - friend was asking what would I do if I had spare $2,000, where would I invest them to make about $300/mo After the $300/monthly figure for me, it was clear - a friend is most probably talking about cryptos, and more probably about crypto mining. As I've been covering many articles on cryptocurrency investment lately, the phone call didn't come as a surprise. See: Should You Invest in Hashflare Ethereum Cloud Mining Contract or…


With Rising Ethereum Price I'm making $5.22 daily by Mining Cryptos - And I Definitely Want MORE!

| 0 views

Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from cryptocurrency mining experiments - I have installed another gpu card (in total there are 3, with a hash power of about 40 MH/s) and second, in the past day's price for Ethereum are reaching new ATH (All Time High) been set at $1,430 as of writing this (January 13, 2018). Those of you following…


My Experience with Wirex Visa Card (Virtual/Plastic) Convert BTC/Altcoins to USD/EUR or GBP

| 13 views

I first heard about bitcoin Visa cards back in the Summer of 2017, when opted into crypto craze (strong buy and hold here). Back then I discovered Bitpay VISA card and decided to order one at the start of 2018. Now, as January approached and my existing crypto holdings have grown more by 320%, I decided to take another quick look at Bitcoin Visa card offer before ordering Bitpay card. Soon I found an interesting article on Steemit: Best Bitcoin Debit Cards! Bitpay vs Wirex vs CryptoPay As…


Altcoin Trading Review 5 Months Later

| 1 views

About 5 months ago I decided to give it a try and start learning altcoin day/swing trading ( Starting To Learn Crypto Currency Day Trading With EUR 25)  The idea was simple enough - I will use hard cash once in a month and buy BTC on Coinbase.com for EUR 25 and then transfer them to Poloniex.com to exchange in altcoins. Due to the increased BTC transaction costs I switched from buying BTC to buying LTC (litecoin) Affiliate link here: If you are just planning to acquire your first bitcoin,…


2017 in Review and Financial Goals for 2018

| 1 views

I'm 32 now and I have a goal to save one million dollars by the time I will turn 60. That's 28 years to go. In today's article, I will review the past year and take a quick glimpse at the New Year.  For me, 2017 was a year of peer to peer lending, dividend-paying stocks and starting with the second part of the year - cryptocurrencies. Investment Portfolio 2017 At the start of 2017, I planned to invest about 31% of my annual net income, the planned amount for 2017 was $8,561, I made it up…