Trading blog #2 Golos = Free Money
I bought 37 more ether and added other coins to my blockfolio app since the first trading blog so i'm not sure what my current profit/loss is. I don't plan to spend anymore usd to buy more coins any time soon.
Blockfolio now has golos support so I added that. I bought into the golos crowd fund with about 50 usd and it is now worth 545 usd on bittrex. Which is odd since the inflation rate is so high. I've been powering down and selling my golos. With the high inflation it's impossible to fully power down what I have since I earn so much golos from the inflation. I get about 50 golos powered down each week.
I could have sold pasc at the highest peak but decided to keep holding since it was such a different coin. I thought to myself when it was at 160 I can sell now and make a nice profit but wanted to take the risk and hold it in case it mooned. I ended up selling at a loss of about 95 usd but I ain't even mad, I was actually at a loss of like $300 I think but kept trading it and got some money back. Now I'm sure pasc is done since it only has one dev as far as I know. There's no future for pasc so I won't be trading it anymore.
I have been having trouble deciding whether or not to hold stuff long term or trade it. If I were to sell monero or something and then it mooned I would be PISSED. I have a lot of faith in a few coins so i want to hold them long term but it is very tempting to keep selling and rebuying.
At the moment I have about 0.61 btc that I haven't bought anything with so I figure I will trade it rather than hold it. Fct took a dip today so I bought in with the 0.61 btc and will probably sell if it goes back up. Or hold it... I have a lot of faith in Fct but at the moment it seems it could go up or have a big downswing this month.
Factom will be HUGE! Were talking about keeping medical records more organized on the BLOCK ;)