Crypto on a Micro Budget Don't Fear the Reaper
Crypto on a Micro Budget: Don't Fear the Reaper
Well, just look at the 24 hour high of Bitcoin on Binance - that explains a lot.
My Thoughts
Bitcoin continues to follow a downward trend and my hopes of a much need uptrend is fading. What I think will happen is Bitcoin moves sideways to slightly up topping out near 6600 at which point it will nose dive to around 5900.
The below chart shows the bottom tier coins on Binance - lots of red. The poor alts can't catch a break and are happily following Bitcoin to the bottom, I just hope the bottom isn't much lower.
My google cloud mining is doing very well. I'm able to get about 340 coins a day with each coin being around 650+ sats each. At that price its a little below break even but since its free money and I'm holding these coins I don't mind.
My ROI mining is also doing well though I only mine the coin about 1-3 hours a day on my home computers. I'm getting about 30-100 coins a day with the each coin being worth about 24 sats.
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My Holdings
TRX - 1373 @ 908 sats each
.00316396 BTC
POS coins
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What I like this week
Finally having some Bitcoin to play with I'm looking at POE (Po.et) as a possible buy. As of writing this POE is trading at 274 sats on Binance. This is one of the low volume coins that are best to buy after a big drop and just before you think Bitcoin is going to jump. While I think Bitcoin is going to drop further I want to have a coin in my sights so I can buy right before I think Bitcoin will rise (or when I hear more cowbell).
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My goals
Goals for June 10th-16th
- Crypto trading: 1% gain on Binance
- Steemit: .45 SP gain
- Increase my POS coin holdings
I'm going to be close on the Steemit SP gains and I have done well in increasing my POS coin holding but once again it looks like I will fail making 1% on my Binance holdings.
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As always have fun, play safe and don't risk what you can't afford to throw out your Lambos window while on your way to the moon.
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Legal Disclaimer:
I am not a financial advisor. The content of this blog/article or any other blog/article by georgeknowsall or resteem's on this account is not presented as financial advice.
The information provided in this blog/article is for informational purposes only.
Please consult with a financial or investment professional to determine what may be best for your individual needs.
Please check your countries laws on TAXES as any cryptocurrency trade could be taxable.
Referral links: Anytime you see a referral link I may receive a small commission from that site.
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Referral link Binance
Visit me on my twitter account
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