See Jan 13 post and Jan 15 update.
TLDR: tried to make a swing from TRX to XRP when XRP hit 1.55 but TRX did not hold up well enough to justify making the trade. Will continue to look for an entry point in XRP that makes sense against the value of both TRX and ETH unless TRX shows life. If it runs I'll play the run until swapping back for ETH. We seem to be peaking in FUD articles, don't liquidate into peak FUD.
TLDR: tried to make a swing from TRX to XRP when XRP hit 1.55 but TRX did not hold up well enough to justify making the trade. Will continue to look for an entry point in XRP that makes sense against the value of both TRX and ETH unless TRX shows life. If it runs I'll play the run until swapping back for ETH. We seem to be peaking in FUD articles, don't liquidate into peak FUD.
İşlem elle kapatılmış:
Was able to make the swap back to eth at .00082. The entire portfolio is still in the red thanks to BCH but I'm still hodling. All in all this trade worked out pretty well. I essentially held my money in USD at 1410 and purchased more ETH at a cheaper price; increasing my total ETH holding by 25% without putting in additional capital. In summary:
1. Bought ETH ~750
2. Sold ETH ~1410
a. swapped for TRX at ~.10
3. Sold TRX ~.95
b. Swapped for ETH ~ 1050
1. Bought ETH ~750
2. Sold ETH ~1410
a. swapped for TRX at ~.10
3. Sold TRX ~.95
b. Swapped for ETH ~ 1050