Friday, December 27, 2013

After 1 Week On CEX.IO

I started off day trading with 0.1119894BTC on cex.io but the price dropped after night after I bought into it at 0.07btc. This focused me into a buy and hold strategy with my tester investment. Then I won 0.03btc on sealswithclubs and used that to day trade again but then it happened again. I bought in at 0.05btc and over night the price dropped. Which focused me into a buy and hold strategy.

So right now, I am holding 2.20ghs, valued at 0.11btc. The beautiful thing about my 0.03btc setback is that cex.io is mining bitcoin, namecoin, ixcoin, and devcoin for me. At the moment my total holdings look like this.

CEX.IO HOLDINGS
  • Ghashs: 2.20171183
  • Bitcoin: 0.00069195
  • Namecoin: 0.000034
  • Ixcoin: 0.077689
  • Devcoin: 2.62786744
My bitcoin and namecoin holdings would be higher but I keep investing with them. Buying more ghashs to build up a long term strategy. My short term goal is to hold enough ghashs to produce 0.01btc daily. My long term goal is to produce 1 bitcoin daily. I will keep using my poker winnings to invest into cex.io to build up a daily income.

If you want to day trade or mine bitcoins then join CEX.IO!

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