Wednesday, 9 March 2016

Day 3....update

Hi All,

No new development in the last day or so since I last posted on this blog, I have actually been spending quite a bit of time looking at the Bitcoin and Ethereum Charts

IT seems that both are increasing in Price over the last 2 days or so
BTC – has increased quite a bit currently it is sitting on £289.34
ETH – After I made the First post it had a bad day went down quite a bit but seems to have shot up since currently sits on $11.68 USD

I made a post on Facebook saying “Bitcoin or Ether?”
And I got a reply from someone saying
“Unobtainium is the way to make money bro”

Never heard of this word before until now – originally thought It was some joke or something indicating the all this crypto is not obtainable and it’s all false. But after googling I found out it was a crypto currency with alias of UNO
Looking at the charts its quite low currently sitting on $2.05 http://coinmarketcap.com/currencies/unobtanium/
Not much coverage on it either online. So I guess just watch this space and it has made me think a bit more

Since my last post my goals have changed slightly after some serious reading about this topic over the past few days I have now set myself the following (Of course I can change my mind once I end up reading a post over at the bitcointalk.org forum so anything can happen
This is my plan
1)      Purchase 1 ETH for now I will just buy one and hang it out and see how it goes
2)      Want to top up bitcoin balance also knowns as Satoshi!
3)      I am going to read up on some of the more unknown currencies there is loads out there so I think I will spend some time reading up on the unknown ones...I may just purchase a bit especially if their prices are like 0.0001 or something ridiculously low like that so I may choose a couple and spend a maximum of one pound or 2 no more than that and purchase as much as I can if the price is ridiculously low and just hang on to it, because you never know one day it could become a big thing ..I don’t want to at this stage spend too much on the unknown ones few pennies is fine for now as it won’t be a major loss



I found a really good app for iOS called COINCAP

Which shows all the Charts for the crypto currency in real time really useful!

Anyway I must say over the past few days this has been a new interest for me...as mentioned before I had absolutely zero experience with trading and bitcoin and crypto currently I am a total newbie and I am just working based on reading. So if anyone reading this would like to share or follow my adventures on this new trail or have any comments leave a message below
My aim with this blog is to keep a diary of what I am doing to follow my progress and also anyone else who is in a same situation as me can also follow what I am doing

At the end of the day it may work out or it may not work out...this is all new to me...and you never know until you try I guess!Which is the reason I am not investing so much into it keeping it to minimal so if it does not work out losses will not be that major!

Until next time post!



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