The Art of Withdrawing
I am both a miner and a trader. When i dont stroke my ego with the profits
i look at my wallet balance: it is stucked at ZERO
BTC. I press Alt+Tab again and i start to stroke again
: mining and trading are very good way to earn money...but miners and traders are greedy, we never withdraw
, we need that feeling of being able to "exponentially multiply" our money by adding new mined/traded money to our pools and no: we will never withdraw!!!
But i want to write down some guidelines for those that, instead, want to be pleased by a growing wallet balance rather than by a poloniex/antpool growing balance: how to withdraw from your GUNBOT profits.
Every day i answer the same question on this thread:
"why is my estimated holdings balance gone down?" The day after the same user would post something like:
"yar bot is great!!!! My estimated holdings balance is up by 4%!!!!" . Ok, rule of thumb: YOUR ESTIMATED HOLDINGS BALANCE @Poloniex IS NOT YOUR MONEY!!!
Next question: so how do i know the profit/loss i'm having with GUNBOT and how to transfer those coins on my own wallet so i can tell my wife i'm making money?
Solution: if you dont want to bother with the
Poloniex analysis, i have the easy solution. I asked
FrilledShark to make an excel spreadsheet with his awesome skills, that would automatically calculate profit/loss pair by pair, by just dropping in your
trading history. Here is the result:
https://docs.google.com/spreadsheets/d/1jRhLRAI9CJM1EFnJfToP3N4Mr7f7gyP-gqUMY67UAs8/pubhtml# Looking at that sheet, i can safely withdraw 0.05787
BTC right now to my own wallet, without affecting my trading balance. The sheet takes in consideration your past trading history, your open orders and the last price of coins markets. There are a lot more of stats that FrilledShark added there, feel free to ask if something is not clear for you.
The only thing i'm looking at in that sheet is: Total EE
BTC which is a sum of each pair EE and represents the real value of
BTC i earned and can withdraw right now from my Poloniex account.
How can i have that calculator? There are 2 ways to have it:
1.- Free as a service: just drop in my box your trading history and i will load it up for you. If you accept to publish those results in this thread in the "Proofs of profits [User's generated]" section, you wont pay for this service
2.- Download your own profit calculator for 0.03
BTC. Source code+my usual "help" if you need it. You can buy the sheet directly from
FrilledShark or from me.
Hope to see all your wifes happier by now
~Gun