This may be of no interest to some, but for those that it does, please feel free to comment.
My name is Alex.
I'm a teenager from London, UK.
I'm currently in my final year of school. Only got a few months left. (Joy, Sadness?)
I completed Economics A-level a year early, and i think i have quite a knack for it.
In addition to my A-levels, I'm working on a crowd funding project that I aim to get set up in the next 2-3 months.
Enough about me, here goes;
I begun using BTC a year ago, and as all noobs have, I lost my first few BTC in an unfortunate way. - But that's another story. Not one you'll be interested in hearing.
Well, back on topic, I'm posting here to give an update on certain goals that I have.
I have set myself personal goals to achieve by 31/07/2014.
They are:
- Removed -
I have already begun.
I will admit that I had a head start in both LTC and PPC, however, in the last 48 hours, I sold over 50% of my PPC and LTC to family.
So here is where i'm currently standing.
Based on my economic knowledge, I will try to shuffle my trading between the 3 above cryptos. I will use them to buy items to sell on and gain interest. I will also keep shifting them in circles to take advantage of the price differences (known as arbitrage). Additionally, I will offer services and exchange personal goods for the above cryptos.
I started off with - in cryptsy and since then, I doubled my portfolio to - on that account.
I will also confess that I am renting a LTC miner, so hopefully that will help me reach my LTC target as well.
My current standings as of 07/01/2014:
- (From Cryptsy and Bter trading)
- (From Buying and Mining. I hold more than that, but only 30 LTC now belongs to me)
- (Sold some whilst exchange was high)
- DOGE (Mined them early... Holding to see what I can do with them).
- MEOW (Same as DOGE)
I will keep this updated and let you know how it goes.
I aim to reach my goal by the above date. By doing so, I will learn more about the inside outs of BTC and other such cryptos as well as it giving me a good start financially for Uni and later early life
From here on out, I will not be spending any Fiat to buy the above cryptos. I will try and reach my goals the hard way...
If you are going to post, please be nice. I'm young and only aspiring high.
All advice will be much appreciated.
Many Thanks
Alex
UPDATE:
07/01/14
Sold some PPC reserves. Bought them at around $3 each.
-
UPDATE # 2:
12/01/14
Sold some DOGE bought at 21 satoshi for 39 satoshi.
Made a total of -
Current earnings stand:
-
UPDATE # 3:
19/01/14
Made a loss in BTC with a failed trade.
-
Update # 4:
25/01/14
Been seeing great progress in DOGE.
I sold 500k which only got me around - (had I sold it a day later I'd have made over - I know... A bad mistake).
So with that, I stand at:
-.
Not too bad. Moving there slowly, but progress is progress
