Just-bit.com is new, I just found out about it today. Look like another bitcoin or Cryptos currencies faucets. However already people started talking about it being another scam. It is a scam!
Bitcoin has been stable despite soft hard fork talk
I’ve been following Bitcoin latest news and developments lately. Look like Bitcoin (BTC) price been stable lately at $1000. There were many prediction few weeks ago that Bitcoin will end 2017 at $2000, some even say at $3000 by end of 2017. For me, I don’t know, but a wild guess $2500 is not impossible based on historical trend.
News about Bitcoin does impact Bitcoin price now a day, although it’s still volatile. Volatile is good for day trading that’s for sure, however it’s not that easy to predict if it’s going to up or down next day. Knowing the news ahead of time might help, but sometime Bitcoin just immune the news whether it’s bad or good doesn’t impact Bitcoin much.
I’m holding some Bitcoin, although sold a bunch just barely enough to cover my next few years retirement at age 40, yeah, but if Bitcoin go up to $2k or $3k then it will sure help me greatly to continue my retirement.
Day 4 into taking a break from work
I slept better, I ate better, and have time to exercise and be healthy, in fact my wife said my bald spot got hair grew back, but I think that was just a temporary bald spot where hair will grow back.
Ok so I think it’s time to talk about Cryptos currencies. About 4-5 years ago I started mining Bitcoin, I think I average about 1 Bitcoin per day, but at the time the price was at $1 or so. I was mining it with my laptop, then added desktop i7 and then GPU, then ASIC, then back to mining with just GPU for scrypt.
Today I still have some BTC and ETH as well. I used to have a lot of LTC also but exchanged to BTC. Well guess what? Litecoin (LTC) sky rocketed today like over 50% gain, that’s a lof of money for whoever currently holding LTC should think about selling it, why? because there isn’t any official news why LTC going up, so therefore most likely a pump and dump. Ethereum and Bitcoin react to news pretty good, bad news makes it go down and good news makes it go up.
Buying Cryptos currencies now a day I think is a little safer than gambling. At least you could hold on to your Cryptos if it were to go down in value. Chances are these Cryptos currencies will be the currencies of the future but I don’t know which one, could be Bitcoin or Ethereum or both, but other currencies such as Dash LTC and a bunch other as well.
I sold some of these Cryptos currencies already and had cash in Bank, just a little worry about tax for this year.
Day 3 of retirement
Well don’t be fool by the title, just for fun “Day 3 of retirement” well I have a long way to go, I’m at 40 years old and been working for the same company for 20 years. It was a tough decision to leave, but I qualified and safe to leave 🙂
I got laid off about 5 years ago, this time I quit by my choice, and pretty common that many people don’t like their boss and I’m no exception 🙂 in addition to workload stressing me out.
I began every morning spending more time with my kids, talking to them more than often, and spending time with my wife more than often, we were able to have normal life I think where I can watch TV with her.
My basement is a mess, it’s not dirty or stinky, just messy which I need to organize soon, also in my list of things to do. I have a ton of computers sitting around need to check them and toss them out or storage if it doesn’t work anymore.
Day 2 of being free
I slept late, and woke up late, well not really late late since I have to drop off my kids to school and some errands, didn’t take much time.
Wonderful feeling of being free. However I have a list of things to do for the next few months which I need prioritize.
Spring time is just around the corner, I’m thinking of doing some gardening. Grow vegetable that are not sold in store, such as exotic vegetable, or vegetable that look cool such as corn 🙂 they grow real tall real big.
This blog is part of my list of things to do. I had many blog in the past, but some I didn’t update because no time, due to job taking up all the time. So I have time now and will be updating frequently.
Day 1 of taking a break from work
Well, where should I start. Let’s keep it simple. I turned in my 2 weeks notice 3 weeks ago. The boss negotiated for three weeks, I agreed.
Three weeks passed, and now being day 1 of taking a break from work, how do I fee? – one word “yay!” 🙂
I have enough money to sustain me for a while, meaning years, many years. However at the same time I’m going to research for home base business that I can do, or should I say resume my home based business that I have started many years ago on and off. All I need is enough money to support me and my family.
The feeling I have for this day 1 no more stress about work, although I was worrying about not training my co workers enough for them to take over my job. I guess it’s not my problem now since I’m officially no longer with them and had given them three weeks of training.
Check to see if your account has been hacked historically
I just found a website that can check your email address to see if it tied to any historical data leaked hacked and so on. I’ve tested several of my emails and it seems to be legitimate. My email query result three websites that kept my information secure has been hacked and my account password, including security question and answer all showing in public that I got hacked.
This is the website to check https://haveibeenpwned.com/
As a result, I think the best security is to use websites that offer 2FA, 2FA is also know as 2 level authentication normally using google or your mobile phone# text. The 2FA will help making it extremely difficult for hackers to hack your account, they must have your phone# or clone your sim in order to access your account. Now if a good hackers can bypass 2FA then we’re all in trouble 🙂
Bitcoin price prediction prize
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Day trade with Ethereum ETH coin on Poloniex
I haven’t update my blog for a while. Mainly due to other priorities which are off course more important 🙂 although this is important, but it’s not as much as important as others such as family and career like work that bring in some money :).
I just want to share something I’ve been trying to do and did successfully. Day trade ETH between ETH and Bitcoin. Being ETH is the second volume mover according to Poloniex and probably bitcoinwisdom.com as well. Dogecoin look like loosing momentum and volume, not as much as ETH. Litecoin is still #2 I believe after Bitcoin. However ETH price had passed Litecoin LTC already.
Day trade with high volume mover ETH on poloniex. Just like many other cryptocoins , just lick stock, buy low sell high, and off course you can also buy high and sell low if you think the stock or coin will go down in price. So I gave it a try.
For testing purpose, I will be using the % instead of the actual volume. I studied the graph in various ways. 4hours, 24 hours 30 days and so on. Study it, you will see the trend and it will help you make prediction. The most basic prediction I can make by looking at the graph is: on an average day, ETH will go up for a while and then go down for a while and then up again. Your job is to predict when will be the best time to jump in and buy and the chance that it will go up or down will make you money. I set my limit goal to gain only 2% a day.
I will jump in and set 2% profit and jump out. There were time where I have to wait for days for it to hit point. Again my goal is 2% gain per day, dont’ be greedy unless you see a chance of a life time then try again and set 2%. To be even safer maybe 1% gain. So let say you 10 BTC, 2% gain would be 0.2BTC, 1% would be 0.1BTC, that’s not a lot of money but very safe to play day trading.
Not ETH alone, but you can also try with other high volume movers such as Dogecoin or others that you see volume move is high.
Ethereum (ETH) coins are doing very well lately
Over the past weeks, especially last week, not so good for Bitcoin. Bitcoin had dropped > 25% in price. From close to $500 to $380s. Now it’s holding steady at $380s range. I cannot make a good guess what will happen in term of price for Bitcoin this year, because it could be anywhere to anywhere. Most people think the price of Bitcoin dropped because of the news about one of the core developer related to Bitcoin Blockchain quit! and went to another job.
On the other hand. Ethereum digital coins, also known as ETH had been performing pretty well over the past weeks. The price had gone from below 0.002 BTC to 0.004 today, however it used to be at 0.004 anyways. So those that purchased the coins at 0.002 would have made 50% profit within a week or so, that’s not bad at all. Most people believe the reason ETH goes up is because homestead is coming out, it supposed to be better and most speculate it will raise the price of ETH, but other don’t think so, it will remain the same, if anything then just a small push or short period of time pump.