Baron's Crypto Trading Journal

Discussion in 'Journals' started by Baron, Oct 5, 2021.

  1. Baron

    Baron ET Founder

    Attached is my order history to date. I've gotta head out the door. Can somebody calculate what my average price is so far?

    Screen Shot 2021-11-28 at 4.58.07 PM.png
     
    #141     Nov 28, 2021
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  2. Overnight

    Overnight

    What is your current position on average? Looks like you have about .6 to .7 BTC at an average price of...61Kish?
     
    #142     Nov 28, 2021
  3. BKR88

    BKR88

    ~$59,254.88
     
    #143     Nov 28, 2021
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  4. $59,543
     
    #144     Nov 28, 2021
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  5. easymon1

    easymon1

    You are making The Club jealous with these regular excursions from the status quo.
    fed chairmen.jpg
    They want you back.
    Greenspan's still got some moves.
     
    #145     Nov 28, 2021
    Baron likes this.
  6. Mercor

    Mercor

    Where does BC fit into the Fin world
    In the end it seems that its correlating with the SP
    Has BC just become another stock market tool

    upload_2021-11-29_12-20-4.png
     
    Last edited: Nov 29, 2021
    #146     Nov 29, 2021
  7. Mercor

    Mercor

    Is BC a leading indicator for stocks
    Based on this daily 6 month chart, BC is signaling well before stock movement
     
    #147     Dec 1, 2021

  8. No ...... It's all one ecosystem moving in tandem. If the stock market goes down so will Bitcoin.
     
    #148     Dec 1, 2021
  9. Baron

    Baron ET Founder

    It's very reassuring to know that as we've been buying BTC since the beginning of October, Michael Saylor's company Microstrategy has been doing the exact same thing, only on a much larger scale. Even his average cost is almost identical to what we've done here. Wait, is he following my journal? :D:D

    "MicroStrategy, the analysis software maker led by crypto bull Michael Saylor, has snapped up more bitcoin as it holds to its promise to keep buying more of the leading digital currency.

    The company bought 7,002 bitcoins at a cost of $414 million in its fourth quarter so far - between October 1 and November 29 - it said in a Securities and Exchange Commission filing Monday. That brings its total stockpile to 121,044 tokens.

    It paid an average of $59,187 per bitcoin, during a period when the cryptocurrency rallied, then fell back. Bitcoin began surging in October, lifted by excitement around the SEC's approval of the first bitcoin futures ETFs. It hit a record high of $69,044 on November 10, but has retreated to trade at $56,959 on Monday, according to CoinGecko data.

    Despite the cryptocurrency's price moves, MicroStrategy and its CEO Saylor have repeatedly vowed to keep building its bitcoin stockpile for years to come."
     
    #149     Dec 1, 2021
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  10. Baron

    Baron ET Founder

    Wow. I wasn't expecting to wake up to a dip in the high 40's so I'm going to definitely buy $5k more here in a few minutes.
     
    #150     Dec 4, 2021
    johnarb likes this.