2018-01-09 Trading Log

10:16 UTC Limit Order Executed – Purchased 10.5 LTC @ 246.90 USD
12:30 UTC Entered Limit Sell Order 10.5 LTC @ 249.90 USD
15:01 UTC Limit Order Executed – Sold 10.5 LTC @ 249.90 USD

15:01 UTC $31.50 Trade Gain.  Cumulative $91.50 Gain.

15:11 UTC Entered Limit Buy Order 10.5 LTC @ 250.01 USD
15:13 UTC Limit Order Executed – Purchased 10.5 LTC @ 250.01
15:13 UTC Entered Limit Sell Order 10.5 LTC @ 259.99 USD Cancelled 17:10 UTC
17:15 UTC Entered Limit Sell Order 10.5 LTC @ 256.80 USD
17:37 UTC Limit Order Executed – Sold 10.5 LTC @ 256.80 USD

17:37 UTC $71.295 Trade Gain. Cumulative $162.795 Gain.

18:40 UTC Entered Limit Buy Order 11.5 LTC @ 239.72 USD Cancelled 21:44 UTC
21:44 UTC Entered Limit Buy Order 11 LTC @ 250.01 USD
21:54 UTC Limit Order Executed – Purchased 11 LTC @ 250.01 USD
21:55 UTC Entered Limit Sell Order 11 LTC @ 258.79 USD

2018-01-10 12:02 UTC Commentary: LTC is now trading at $241.19 on GDAX.  Earlier the price dipped well below $239.72 my original Limit Order Buy price.  This is a lesson in trading patients.  I wasn’t willing to wait for the market to reach what I originally thought was the right price to buy in.  A costly mistake.  Now I’m down $9 per coin and will need even greater patients to wait for the price to recover.

What is FUD?

FUD = Fear, Uncertainty, Doubt

FUD is a tactic often used by those who want to drive down the price of a cryproasset.  Typically various social media sites will be used to disseminate emotionally charged negative information regarding a particular cryptocurrency, token or asset.  The “information” is often presented out of context, incomplete or outright false.

For Crypto investors and traders FUD is an emotional danger that often leads to poor decision making.

The terminology in the crypto world is often cryptic (pun intended) and difficult to understand at first.  Because of this I initially found the cryptocurrency world confusing and disorienting– but a few quick Google searches usually unlocked the cryptic terminology.

What is a Clog?

If a web log is a blog, and a video log is a vlog, wouldn’t a cryptoasset log be a clog?  I dunno know, but it sounds good to me.

My intention is to publicly record my personal thoughts, ideas, questions, discoveries, and cryptoasset activity.

This website is NOT financial, legal or any other kind of  advice.  Cryptoassets are inherently risky and are not for the faint of heart.  You could lose everything. Seriously.