If you've been following my blog, you'll know that I've given myself the challenge of converting $10,000 USD into $10,000,000 USD
2 down, 8 to go...
OK so today I completed the second trade out of 10, so 8 trades left to financial freedom!
I bought Omisego at $9.21 USD and sold at $20.21 USD
You can check my previous blog to confirm the date I put this trade on, I got in on December 12th 2017 ($9.21 USD) and got out today December 19th 2017 ($20.21 USD).
Here is our roadmap!
$10,000 -> $20,000 - DONE (LTC $68 USD -> $230 USD)
$20,000 -> $40,000 - DONE ( OMG $9.21 USD -> $20.21 USD)
$40,000 -> $80,000 - IN PROGRESS (EOS $10.50 USD -> 22 USD)
$80,000 -> $160,000
$160,000 -> $320,000
$320,000 -> $640,000
$640,000 -> $1,280,000
$1,280,000 -> $2,560,000
$2,560,000 -> $5,120,000
$5,120,000 -> $10,240,000
Trade #3
EOS (bought at $10.21 USD). Here is my reasoning.
- EOS is a clear competitor to Ethereum, the market cap proves that and the product itself hasn't even launched yet. Given Daniel Larimer's credibility in the crypto space, EOS will only gain more market share over the Christmas.
- Clif High has recommended EOS as an "early mover" next year.
- The fact that you can code in your favorite programming language instead of using Ethereum's proprietary language solidarity means that programmers will be a lot more likely to adapt.
- There is a lot of volume coming into EOS.
- The coin is reasonably priced so practically anybody can get buy and own a few.
Here is proof of my EOS holding from my exodus wallet (for all you non-believers out there!).
This trade may take a little more time than the last two (1-3 months I'm targeting). I'm going to get out of the trade at $22 USD, the extra juice will go towards exchange fees etc.
Please remember that this is not financial or trading advice. Trading and investing can cause significant financial losses.