Topic: The $1000 Stake Challenge! (Read 4834 times)

not bad it's about 1% per day .cheers

Latest portfolio update:

I have been super busy lately so I haven't been able to follow the market or buy and sell. Thankfully because staking is soo easy I have still been making money by just opening my wallet every few days. I was initially worried about my investment a few months ago, now I have got the hang of staking it feels like it couldn't be easier. You open your wallet and literally let the money(coins) roll in. Anyone thinking about buying into mining contracts, mining machines or cloud hashing I highly recommend you to seriously look into stake coins such as the ones in this journal, the roi is much more secure and easier to make. Now on to the good stuff:

Portfolio update:
https://i.imgur.com/lWQcKrW.pngHYP - 6590 coins @ 4093 sats= 0.269 BTC
https://i.imgur.com/46WkZEe.pngCAP - 21919 @ 3220 sats= 0.699 BTC
https://i.imgur.com/VFLr6M7.pngHBN - 8415 @ 10200 sats= 0.856 BTC

Leftover (unallocated and profit) = 1.154 BTC

Total Portfolio= 2.978 BTC/3.2 BTC Goal

Percentage towards goal = 93%

Total profit to date = 1.368 BTC

So far I'm nearly at my goal of doubling my BTC investment 3 months earlier than expected! Considering my last update two weeks ago I'm up  over 0.3BTC.

Not bad for essentially doing nothing . I have to admit when I first started this journal I was a bit dubious about starting a steady profits investment journal. $1000 was ALOT of money for me to risk in cryptocurrency not to mention I'm usually the kind of "I want results now" type of guy. Now I can say 3 months in I am more than happy with investing through POS coins which provide stable returns. When I first started out in crypto I got burned badly on some IPO scams  and not to mention being caught out in pump and dump coins losing a few chunks of my hard earned bitcoin. Now I can say those days are over for me now, if you are looking for a stable place to put your money which will earn a decent % and give steady returns. Check out some of the coins in this journal, so far it has paid off for me.

You are welcome 

Fixed. Thanks for the typo, Yes I definitely mean HYP or Hyperstake not the other one

I think you mean HYP ... make it clear for your followers, because there is also a Coin called Hyper.

I urge you to check out Maieuticoin with our .96% weekly staking

Thanks for the comment but so far but I'm less than halfway through my challenge and over 60% to my goal, it seems like its all headed in the right direction 

interesting but wont be easy

Portfolio Update:
All my current coins are back higher than my purchase price and my coins are giving me nice returns now. I'm still a bit unsure to reinvest in TEK but so far I am more than happy with the returns from HYP, CAP and HBN not to mention the constant wallet updates. Here is my current portfolio/profit:

HYP- 5590 coins @ 2580 sats= 0.143 BTC
CAP-  20,242 coins @ 2990 sats= 0.603 BTC
HBN- 8155 coins @ 8760 sats = 0.714 BTC
Leftover (profit  and unallocated) = 1.154 BTC

Total Portfolio= 2.614 BTC

Seeing as my original investment was 1.61 BTC that leaves me +1.004BTC in profit .

Total profit/goal = 1.004/1.61 BTC
Percentage towards goal = 62%

just a suggestion , "i buyed änd get " signaturecoins and they are staking as .... , they where cheap when i buyed them , much cheaper now , but i think when distribution of 90 days is over the price will rice a lot

Quick update on my trades/portfolio..

I haven't bought back into TEK just yet, I'm still waiting on a convincing entry point to pop up (I'm sure it will).

HBN has been staking away nicely although a few more days for my larger blocks to stake before I report back.

My Hyper staked a few days ago for about 1660 for a total of 8790. Sold 4000 Hyper at ~2700-2800 to make sure I was in profit. I really wanted to sell at >3000 but there was downward pressure building so I sold off half my coins to make sure to be in the +. +0.11 BTC

Also I Bought 2300 Hyperstake for 2000 on a dump on one of the exchanges. Sold 1500 @ ~2850 and have 800 still sitting on an exchange as price seems like its about to get pushed upwards again (1 BTC buys are appearing on polo! watch this space!).

I've also had some CAP stake over the last few days which has helped me hit my milestone of over 20k Bottlecaps wooo! 652 CAP staked so my total is now 20,035 CAP. Also the price has been slowly creeping, and creeping upwards ("I feel you creeping up , I can see it from my shadow" song keeps playing in my head everytime I check cryptsy).

That's about it from me for now. Safe trading guys.

Thanks for the support, I will try my best to keep you updated

Cheers Digital, I would like to encourage any discussions and opinions about this journal, so far things are going well but I'm always looking for new perspectives and opportunities for trading.

Great updates.

There are a number of vectors here that can effect a positive outcome.

In the future I'd.like to explore a few.

Very interesting thread

Good luck sir with your aims.
I will follow further actions

I'll make this a short and sweet monthly summary. I feel like you guys might be getting a bit sick of all these updates.
Here are my totals for the month:

HBN = -0.0098
TEK = +0.25
GRW = -0.019
HYP = +0.248
CAP = +0.05
Total = +0.53BTC

Original amount invested = 1.61BTC.
Current Portfolio= 2.14BTC
Estimated profit= 0.52BTC

Total Profit/Goal= 0.52/1.61

Percentage towards goal= 32%

Ok next coin update before my monthly summary ,

https://i.imgur.com/46WkZEe.pngBottleCaps

Well it started off rough, Cap prizes went crazy and with the drop in the market it got pummelled. Oddly though it has turned into one of my favourite coins and slowly as I used the wallet more and more, CAP has grown on me. I'm not sure why but every time I went to stake my CAP, on que my coins would be there staking with little to no orphans(orphans are when POS blocks get rejected as others are staking as well). This has meant I can plan when I will get my stake with CAP a lot better and also has helped me gain more coins by compounding quicker. I think this could be because less people are staking with CAP at the moment(still waiting to be picked up) but the wallets been working like clockwork (Kudos to Tranz). Other coins I open the wallet and there seems like there's always a delay where I'm not sure when the wallet will attempt to stake my coins. For example, for Hyperstake it was common for me to have to wait a few days unsure when my blocks would stake, although they always came through I was just never sure when. I might need to perfect my block sizes for each coin which should help as well. Other than that there seems to be a smaller community than the other coins but this is bound to grow when people start to see the potential for growth Cap has.

Trading
 I bought 11250 CAP @ 2850 and it dropped hard to ~<1300 at one stage. I picked up another~4400 Cap on a dump at 1255 planning on it never hitting below 1000sats. Stupidly I forgot to take this out of cryptsy for a while so missed staking these new coins although they are due soon(always remember to check your cryptsy email confirmation!). As I'm typing this I just checked the market and someone has bought up a whopping 45,000 CAP like a few hours ago! Someone got in before I even managed to post this!, seems like the market could be headed upwards(edit Someone bought up 10k HBN as well). I always wanted to buy more CAP when it was in the lows but I told myself, no stick to the trading plan,this is frustrating now in hindsight(hind-sight's always 20/20) but so far this journal has taught me a lot so I guess its worth it.

Bought 11250 @ 2850 = -0.32
Bought 4400 @ 1255 =- 0.055
Total now with stake 19383 @ ~2200= 0.425
Total= +0.05Btc

Ignoring my noob sub par buy in price, I've still come out on top! with its wallet and development (Auto savings feature has been added as well) Bottlecaps has so far impressed.

Next onto my monthly summary. Happy trading guys.

Well I'm usually not such an organised person , all my notes are written on serviettes while im sitting at coffee shops but a spreadsheet sounds like it could be a good idea.  I'll look into it and send you a link if it all works out, thanks.

I did go from 1000$ in late decembre last year to more than 6000$ now, so I think you objective is quite possible. I mostly made this wealth improvement from the Nxt asset exchange. From time to time, there is a lot of good opportunity there. Do your due diligence before investing because this crypto world attract a a lot of scammer.

I've been following your post since the beginning - I find this very interesting.

Have you thought about keeping a simple google spreadsheet to help show what coins you invested in and the profits/loss that you've occurred?  It might be good to show your current portfolio and the current value.

Ok now to my second wildcard pick...
https://i.imgur.com/lWQcKrW.pngHyperstake


A little while ago I mentioned
It turned out a few months ago I had some spare change in my allcoin account and I had been researching investing in Hype, it was super new and I wasn't expecting much from this pick so I put a whopping 0.00803428BTC buy order in(0.05% of my portfolio). Someone dumped and I picked up 3500 Hype and didn't think too much of it. I threw it into my wallet and opened it up every other week to stake.

The next day being a bit OCD I bought up 497 more Hype @ 252($0.45), so I could rest knowing I had exactly 0.000BTC in my allcoin account. I also noticed a huge buy/sell spread on allcoin and thought I could buy and sell this amount to turn a small profit( i was bored). This turned out to be a quite fun process. As my coins were staking in my wallet I bought and sold Hype at the lows(230) and sold on the highs(1200). Heres the averages of my buys and sells below:
https://i.imgur.com/7N4lxp8.png


Since then Hype exploded over the last week and is currently selling for >3000. I have staked a total of 5126 Hype(normally while sipping my morning latte) for a whopping total of 8626 Hype. I sold 1500 stake @ 1700 recently to be sure to cover my original investment and a profit. Currently I have 7126 Hype and and am due another ~20% stake tomorrow. The wallet works great so far. This was a great pick and has taught me to always try pick up a coin on a low dump when its still in its early stages.

Bought 3500 @ 230 = 0.008
Buy/Sell trade profit ~ + 0.01
Sell 1500 @ 1700= + 0.025
Current 7126 @ ~3000 = + 0.213

Total= +0.248 BTC

Tomorrow I should stake an additional 20% of my Hype coins as well  

My next coin update is a coin I feel has gone under the radar and has a lot potential... until then guys safe trading