I still haven't been paid by the bitcoin faucets, though the altcoin faucets are continuing to yield their tiny amount of satoshi.
The trade I placed yesterday hasn't been executed yet - there is a tremendous buy wall at 13 satoshi for Reddcoins.
Therefore for my next trade I thought I'd try the "satoshi-swing-trade" strategy on a coin with smaller walls so the trades get executed quicker.
I've placed a buy order to buy Noblecoin at 9 satoshi. I'll then sell it for 10 satoshi which should give me an 11% profit (the satoshi swing trade strategy only works on coins priced in the low teens - it wouldn't work on Doge - buying at 77 sats and selling at 78 sats would only yield a 1.29% profit).
So anyway, I now have two trades placed - a buy for RDD at 13 sats and a buy for Noble at 9 sats.
My total "capital" is 11289 satoshis. See the following screenshot - the BTC amount is the new money I've accurued by selling alts yielded from alt faucets, the points are from selling the alt drips to get btc. The BTC estimate at the bottom is the total I have and includes the money held on the trade I placed yesterday.
The trade I placed yesterday hasn't been executed yet - there is a tremendous buy wall at 13 satoshi for Reddcoins.
Therefore for my next trade I thought I'd try the "satoshi-swing-trade" strategy on a coin with smaller walls so the trades get executed quicker.
I've placed a buy order to buy Noblecoin at 9 satoshi. I'll then sell it for 10 satoshi which should give me an 11% profit (the satoshi swing trade strategy only works on coins priced in the low teens - it wouldn't work on Doge - buying at 77 sats and selling at 78 sats would only yield a 1.29% profit).
So anyway, I now have two trades placed - a buy for RDD at 13 sats and a buy for Noble at 9 sats.
My total "capital" is 11289 satoshis. See the following screenshot - the BTC amount is the new money I've accurued by selling alts yielded from alt faucets, the points are from selling the alt drips to get btc. The BTC estimate at the bottom is the total I have and includes the money held on the trade I placed yesterday.