Crypto-trading 2

Three months into my experiment, and it’s a rather mixed bag.

The headline is that I’m well down (-39.6% as of writing), which is unsurprising given the political and regulatory landscape attacking cryptocurrencies through 1Q18.

The good thing is that prices (BTC, ETH, LTC) have all fallen about 55% since I started, so I’ve at least managed to offset some of that terminal decline.

At this juncture however, I’m clearly not managing to spend enough time or effort trying to leverage the remaining volatility. If I were micro-trading I might be able to take advantage of the small hour-by-hour spikes, but I don’t want to, and I haven’t bothered to finish writing my automation engine.

For now, we’ll abandon ship, and see what happens to the invested amount through the rest of 2018. Once panic-selling eases off, there might be a bit more stability on which to revisit.