Crypto Talk!

Hey Everyone!

I hope you are having a great Wednesday.

I am still trying to get used to not taking Everett to day care and being up really early to get him ready to leave the house. I have been waking up around 5:30-6:00am only to really get myself ready for the day. I have just been hanging out watching the news for a good 40 minutes before anyone even gets up, now that my wife is working from home.

Today I have been trying to get back into the world of, I guess, crypto trading? If you remember a while back it was something that I talked about trying. I did indeed try and so far haven’t reaped any rewards whatsoever haha. I had a ‘spare’ $200 laying around and instead of putting it into a savings account, only to be spent on something down the line, I tried to turn it into more. Well right off the bat, I was wrong on my timing. I bought when the market was rising, only to now watch it fall. I have money invested into XRP or Ripple. When I bought it was high at $3.30, it has fallen back down to around $0.50. The question is now do you invest more, which I would like to, or wait it out with what I have? I have read reports and forecasts saying that by the end of this year it could be over $10, which would currently land me a $450 profit. If I were to invest a bit more I would earn a bit more. Decisions, Decisions!

The other thing I would like to do it diversify, that portfolio. I have all of my ‘eggs’ in the same basket right now and if the bottom of that basket falls out I’ve lost my ‘eggs’. By possibly buying more types of crypto I can spread myself out and hopefully never lose it all.  This would mean having to becoming more aware of the environment in general, closely watching the daily fluctuation of prices, and knowing when to buy/sell/trade. I’m not sure I’m all there yet, but that would be a great goal to achieve. Hell it would be awesome to get so good at this then be able to leave my job. Dreamin’!

That is all I have for you today! My lunch break is over and I have to get back to work. I’ll be back again tomorrow and hope to see you then! 😀 😀

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