Crypto Portfolio Daily Dose #3
Today is the first day I took down some notes to write this post. So lets talk about the crypto faucet payouts before we get into mining and trading. Some interesting things happen with mining that I want to talk about.
On BTCPOP, I sold the coins I got from their faucet again. In their exchange I noticed doge was sitting at 30 sats for awhile. Although, on other exchanges doge price was 31 and 32 sats. So I placed my buy order at 30 sats and waited. During the time I wanted I did some faucets on other sites like Faucet Crypto and Althub. Between the two sites I received 0.0003468 DASH.
Now lets get into the mining since trading is a bit of a read. My miner is set to profit switch between ETH and ETC. Mainly whenever ETC nethash lowers the pool I use start to really pump out blocks. So its more profitable to main ETC over ETH. When I woke up today, looks like the ETC network had some issues, and the mining pool quickly moved out hashing to ETH. So I have a bit of ETC just sitting there waiting to be moved to the exchange and sold for LTC.
There was a silver lining to that grey cloud. LTC crashed when you look at the LTC/ETH pair. However, LTC is up against BTC and USD. So I'm making a small profit getting my payouts in LTC instead of ETH. Just take a look at this LTC/ETH chart.
This chart explains why I got 2 payouts yesterday. After I wrote the daily dose #2, I changed the auto payout minimum so I wouldn't have to deal with a fee every time a small payout happens. However, I do want a payout once a day. So I set it at $1 + fee worth of LTC for my payout and did a manual payout of 0.015687 LTC before writing this post. That way I know around what time of day it will happen unless LTC drops even more against ETH.
Swing Trades, Profit Targets
My first swing trade I planned finally reached my profit target. It was the whole reason I had GIO in my portfolio. I bought it at 3.6 sats each and I held to collect the BTC dividends from Graviex while I wait for the price to go up. However, doing so made me miss my profit target twice and I had to wait the price drop to 3.3 sats during that time. I didn't complain though since I was collecting around 20 sats a day for holding it.
Today, the price jumped to 4 sats which was my profit target. I missed it again but I did the math and I made a nice profit at 3.8 sats each. Also, I didn't sell the free GIO I got from the faucet the exchange has. Its only about 200 GIO, you won't see it in the portfolio for now on, since the portfolio screenshot only includes holdings that are $1 or more.
After I got out of the trade, I bought doge and moved the funds to Stakecube. This is where I took the time to look at the charts and noticed dash was about to hit my profit target. So I put up my order and waited. If you look at my holdings, you will notice I have 0.06 DASH now. This is because 0.07 was a swing trade.
Last bit of stuff that happen today was I played Splinterlands. I got 768DEC from rewards and selling cards. Converted that into 1.8508 HIVE. So with the HIVE I got yesterday and the last STEEM power down I converted to HIVE today. I converted it to DOGE and put up my order to sell it.
All orders was filled today but the doge I got from the order at BTCPOP, I moved to Stakecube, and still waiting for that order to be filled. I'm sure the order will be filled while I sleep. So tomorrow I will have to take a look at the charts and see what my next trades will be.
Given all the green charts today, cheers to alt season. :)