The 30 Dollar Weekend

As folks who read this blog know - I started trading the virtual currencies when Bitcoin took it's plunge from 600 to 300.... and I've been learning ever since. The headline refers to the fact that from Thursday morning to Monday morning (yesterday) I had clearly my biggest win of the 2014 trading season as Dental Floss Tycoon, 30 bucks up for the weekend. I'll review it shortly.

Next, let it be said that this blog will have lots more posting in 2015 - consistent posting - as will my Bitcoins In Trade blog. I've literally have been learning the ropes and will at least share the smidgen I've learned so far today and in the future.... strategies I'm following etc..... good exchanges to use..... what to avoid, of course.

2014 Review

Exchanges I Use

Bittrex

This is the first real exchange with volume that I jumped into - it's good but not the one I use the most. I've profited for sure at Bittrex.... I'm accumulating and selling PandaCoin and NavajoCoin there... be careful as coins are delisted all the time.

Cryptsy

I'm most active at Cryptsy and have traded over 1 BTC of value this month there. I love the spreads -charts - and medium volume on many coins including LTC trades. Accumulating and trading MazaCoin there.... like nearly everything there...but, support on wallets needs improvement (have inquired about the Moon Wallet for weeks now).

Bluetrade

I mostly use bluetrade for LTC trading and find it hard to trade any other of the offered coins including HTML5. I have TONS of BunnyCoins and MoonCoins at Bluetrade... should either one ever take off..... dreams. The Bluetrade share is probably the internets easiest `faucet' of free coinage.... all for the price of one share of Bluetrade (under 2 bucks).

Poloniex

The most recent exchange I entered into and with one purpose in mind was Poloniex - I wanted to trade `hot' coins there: instead almost immediately I caught the peak of the HUGE recent surges of RippleCoin and StellarCoin... of which... I've had to cool my heels while they re-ignite.

Exchanges I've already Quit

C-Cex

Coins-E

Both of the above exchanges, for me, had too few active coins to trade. C-Cex was also harder to use compared to others.

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Expect More In 2015 - It's Coming

Do Morons Rule Coin Marketplace?

I've been calling this the `wild west days' in bitcoin/alternative coin trading... and have good reasons... which all already know in the bitcoin trading realm.... but bear repeating. And Repeatings..... For example, as already pointed out in this blog ... the ESportsCoin... a coin I had profited from but THEN looked abit deeper into the `information available' about the coin... only to find that IT SEEMINGLY WAS DEAD ... NO WEBSITE... NO DEVELOPER... TRASHED IN THE FORUMS AS A SCAM.... ETC. And, then came the Bittrex trading frenzy about a week ago when it became one of the HOTTEST coins of all (how could it not be called out at THAT point)? Does NO ONE do their homework on the info? Is the INFO that meaningless as far as `trading' a coins virtual value? Do Morons Rule?

It sure seems that way as over 30 BTC was traded on Dec. 21st -- at Bittrex... with soaring prices. This is the chart of the past two Weeks. .... Soon, I will cover another coin presumed dead to only see HUGE spikes in investment in the exchange community.... hmm.... go west young man go west. Or is that too big of a hint.
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Other new lessons have also been learned at Bittrex... you can't always `play' the `going to be delisted' threat anymore... be careful as some of your coins will be .... well..... virtual at best. Seems everycoin I've had that got delisted doesn't respond to those holding the coin either... oh well.... it's the wild west days.
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Bitcoin Links To Maul Over

If you have items to trade for Bitcoin - Click Here

this is my website with more about the coin trades I am making - with a marketplace to showcase items in trade for bitcoin

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Much More Coming In 2015

Thanks For Your New Readership

Bookmark And Return

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