x10 in a month challenge update 4

in #cryptocurrency7 years ago

Sorry for the missed update. Things were too interesting here and I barely had time to even sleep. I didn't gather exact values for this update. But I didn't trade much, so am just using market prices at the moment this update should have been posted.

Anyhow. The thing is I was free in BTC looking for the next target, when I noticed some activity on MCO/BTC chart. I hold some more MCO out of the scope of this challenge, and spent quite a lot of time looking at MCO charts, so that activity seemed really strange to me. My bet was for it to go up a few percents, probably 5, 10 at best. But in reality that was only a start. Soon news re MCO listings on new exchanges appeared(I am still not sure if that was just a coincidence or someone got some rumor and started the unusual activity that I found.) and the rest can be seen in the chart.
First red arrow marks the place I did my entry around. Second is the state of things at time this report was planned to be written at.

big_bang.png

Somewhere around that time and the next peak I wanted to exit, but honestly speaking the scale of growth and volumes were a bit too high to me. I've trying to make a few small trades near the very peak and was doing quite good. But one moment I had (what seemed to be) a lag spike to Binance, which almost momentarily erased all my gains, and even put me at loss, so I didn't trade anything later, were just watching. Later this proved to be a mistake, but honestly, I've got quite a lot of observations from that, so I'm ok with not having as huge gains as I could. The next update will show what happened next.

  • previous day:
    • BTC: 0.215
    • USD: 2415
  • today:
    • BTC: 0.470(+118.52%)
    • USD: 5426 (+124.69%)