Cloud mining part 2. Sharing my 2nd purchase of cloud mining for btc at binance. This one is 1t hash rate I bought for 8.37 USDT. This one will end April 15 and so far i have mined 0.00011212. I still have a little over 2 weeks to mine more.
So far 0.00011212 x 67,000 = 7.51 USDT
Im close to getting back my initial investment of 8.37 USDT. Of course the income could be higher depending on the BTC price. Will update again once this one is done on April.
Well got tired of going other alt coins who just wont dip enough for my liking so I settled on a “safe” choice. Also will increase my launchpool rewards if there are any in the next few days. Will decide if its just a short term play or keep them in the longer term.
Time to go bargain hunting. Just sold my remaining RNDR for a 3x profit. Its been going sideways for awhile anyways. Time to hunt for new coins/tokens. Will post my new picks once I’m able to secure them.
Well since everything is discounted figured I can diversify and add another AI from an AI coin. Sold some positions from RNDR and biught NEAR. Well hopefully it works out. Actually thinking of selling all of RNDR positions if this correction drags on.
Here’s my wildcard pick just for fun since i have spare usdt after my agix profits. This is a low market cap crypto which hopefully will shoot up during the alt coin season. Try to keep this type of crypto/coins in your portfolio. Some of them might come out of nowhere and give you decent gains in the near future.
Dock aims to build a "high-performance distributed ledger to produce verifiable claims at scale". Put differently, Dock produces blockchain-anchored records.
Within the Dock network, there are four different stakeholders: (1) issuers who place orders for records to be issued, (2) issuing operators who execute order as they are placed by issuers, (3) validators who validate transactions in the network and participate in consensus finding, and (4) voters who vote on governance proposals and participate in consensus finding.
Bloody day. Looks like correction time is still not done. If you are not doing futures nothing to worry about. Its also the best time to add more positions for spot traders. Happy sunday.
My pick for the Layer 1 sector. SEI is a Layer 1 optimized for the exchange of digital assets, a fully open source, general purpose blockchain. SEI is the native utility token. Presently going sideways still waiting for the price to go higher. There are of course other choices for the L1 sector which includes $KAS, SINJ, $KUJI, $MONAD, $ASTR, $RON, $SUI. Take your pick.
Memecoin mania. Well not generally recommended since most have no actual application in real life these memecoins usually and oftentimes increase in price exponentially. So although they are not recommended to have it wouldn’t hurt to have a small portion in your portfolio. My pick in this sector is BONK. Its a SOL based memecoin and probably one of the cheapest available memecoin in Binance even after the surge.
Oooopppsyy. 73k to 68k in 24 hours or so. Millions liquidated. Sorry for the futures traders. Time to buy or add positions if you are a spot trader. Good entry both for alt coins or any other coins for that matter. Happy Spot Trading everyone!
Sharing one of my bets for the bull run. Its under the L1/L2 sector. What really draws me in with this crypto coin is you can indirectly earn VTHO token which is priced at around 0.004 at present. Depending on the performance of VET there is also additional passive income from what you will earn from the vtho token. Happy Spot Trading everyone!
So I sold my Agix position for a nifty x3 gain/profit few days ago(1st pic). And therefore decided to choose 3 more coins/token to store for the bull run. I wanted a meme coin but boy oh boy the surge was real. But managed to bag one memecoin(BONK). No reasons just figured it was the cheapest to get after the surge. Also added positions on one of my original bets which is VET. Still trying to get the remaining 100 usdt for a wildcard crypto/coin. Still figuring out what to get. Might be another AI related crypto/coin or whatever dips a little. Hope everyone is preparing and filling up few bags for the bull run. Happy Spot trading everyone!
BTC at 64-65k. Close to all time high. Everybody is saying its due for a correction. Keep some spare usdt to buy it or other alts when it pulls back. Might be time to choose a meme coin also😅
Just a little update on my AI pick. Bought late last year from spot trading and held on up to present. Already on x3 as of posting. What is your AI pick? One coin/token per sector. And then just slowly wait until it increases in price during the bull run.
Watch out. Market having PMS. Sudden dips and pumps. If you are not holding positions in futures nothing to worry about. The beauty of not in danger of liquidations and preserving your holdings. Doesn’t matter whats the mood of the market.
60k now. FOMO activated. Careful folks. Is it consolidating or just fake pumping. Building new resistance or just a smokescreen. Where is my crystal ball eh.
Woah. 58k and climbing. Sure hope its not a fake pump. Some are saying it will hit 69k before halving. This are very interesting times. Again alts are sideways. So be careful still.
BTC hitting 57k. Hmmm. Is this a fake pump or the start of the bull run. It is anyone’s guess. What is good especially for HODLers is they got paper gains. The question now is are you satisfied with the gains and reinvest to other conis/alts or hold longer hoping it will go up higher in price. Alts are going sideways also and is not going up in lrice along with BTC. Decisions, decisions.
Cloud mining. I mentioned in one of my posts I invested some usdt to cloud mining. So this in one tool given by Binance for you to mine some BTC. You can actually choose what hashrate you will buy. Of course the higher the hashrate the higher the price and also the higher the BTC you can possibly mine. This is one easy and indirect way to get a hold of BTC.
Here’s a summary of what was the result of that investment. So i bought a 5T hashrate at 28.8 USDT. I mined a total of 0.00090565 BTC in 3 months. So multiply that at the ~51k price of BTC at the moment. 0.00090565 x 51000 usdt = 46.19 usdt.
So 46.19-28.8= 18.1 USDT gain/profit.
Now remember that this profit can still go way higher especially if the price of BTC goes up. Still have a couple ongoing cloud mining purchase at the moment. Will share the summary once its done.