Trade Moves 7-6-15

I said I’d keep you guys up to speed on my trade activity so here we go!  To start out I got rid of most of my straggling balances of BlackCoin, BetaCoin, and Hydro-Branded Mastercoin.  I’ve also decided to buy into Dogecoin (about 12K doge – maybe I’ll bump it to 100K Doge) based on a speculated Fomo run on LTC jealousy.  I’ve already got a bit of LTC so I don’t feel the need to keep more stocked, depending on EZcoins price – I’m likely going to gradually slide out of that coin over time I think, its been holding its value quite well, but I don’t like the idea of having a lop-sided portfolio.

Doge Price 7-6-15

As you can see there’s a dip in value here, signaling its been oversold, I think there’s a good chance of runup on the short term here – I’m just speculating, don’t bet your life savings on my words here.

I haven’t done any trading since I last wrote the article about Cryptsy, but since I decided to look into the state of my account, I felt compelled to make a few more moves before the next large run up, slated to occur in LTC mid-next month.  I had some Doubloons I was about to part ways with, but I see that I tooth and nailed trying to build up that balance and they still seem to carry a bit of value so I think i’ll hold onto those for now.

Looking @ ADT, its a no brainer that was a nice one time blip for me to gain from…its been dead in the water for a while now it appears.  So I’ll show you the signs I’m seeing:


ADT Trading Volume 7-6-15

This is an entire day’s worth of trading data…its looking dismal – compare it to Dogecoin above which shows a RAMPANT amount of activity for the same one day.  Also:

See how there is a TON off available coin for purchase or for Sale, paired with low trading volume, this is either a ton of bots piling on their orders together, a way of cryptsy keeping the Androidtoken market afloat with puffed up sell orders to pocket money off a junk speculation coin…I mean we could speculate all day what this could be, however one certainty remains;  its a dead market with dead volume.  My 25MM coin balance is doing nothing here, I could add onto that top sell order and bump the wall up to 8 LTC if I so chose then I could turn around and pickup some more coin for the cheap if someone came to dump theirs – Maybe the ADT will sell, though I doubt it – probably fractional amounts gradually over time.  Although that is a lot of coin to be holding onto.

FYI I’ve made the choice to dump about 27 LTC worth of EZC so I can have more LTC heavy portfolio…actually to be honest I’m holding onto waaay to much EZC so I decided to try to short the markets I’m now 12 LTC and .28 BTC richer though Ideally I want to see my buy orders purchased and those earnings to be reinvested back into many many more EZC to repeat later – or perhaps to do a smooth casual exit over time as I have been doing for the past couple years. (its LTC enough but I’d like it to be closer to LTC so I can short and long against BTC more easily).

With all the blood that was shed from my bearish behavior (I’m usually bullish and like to buy stuff)  i converted my slivers of BTC and LTC towards NXT and DOGE, respectively.  I see that there’s currently a pump of 5000 satoshis on NXT so I’m looking at the dump price of perhaps 4500 satoshis, pocketing me about 200ish or so with the fractions of dust I got from liquidating the stale stuff.  I don’t have the heart to do it because its a nice shiny number of 32K but I need to wake up from reality and eventually cut my losses on Americancoin (I knew it was a dumb move when I bought it, but at the time I was playing martingale with dabbling into many different smaller coins – at the time it was a small fry buy, but this was before grandcoin hit the scene – GDC I think began at something like 15 satoshis a piece so it was a no brainer to buy it at a miniscule amount then sell it at 120 satoshis a piece.

I bought 800K Tix w/ LTC after playing around with them and making a quick 5 LTC off them around Thanksgiving 2013.  Otherwise I’ve been sitting on these forever, So I’m dumping those.  In my eyes they’re the reddcoin or reddit notes of their time, a joke to be held so I’m 86ing those.  Turned those into a Quick .79 LTC…Does anyone even trade actively on the XRP markets? I’m holdin 34 XRP apparently and its burning a digital hole in my digital balance sheet!

Leave your comments below and advise how I should invest it 🙂


I’ll leave you folks with a nice chart of Litecoin dumping as I type this…goodbye liquidity 🙁

till next time your traders of cypto!

Post Author: Frankenmint

From the pristine land of the internetz, the Frankenment was bred from machine. While looking to embrace the new world Linux regime he is truly a windows bred. I've come from the darkness to the light to share with you other internetz fol-ken to share the message of virtual money. Through our actions, we can make the virtual world yet again beyond the decree of the internet, with the decree of internetz money! Bitcoin, the Supercurrency, the official tender of the internetz that will be accepted by all countries and all fol-ken Alike!