Today has been super interesting. I spent most of the time working on a strategy for the next article for the website The Coin Income. I can't release it just yet but it looks like my research is almost over. Besides working on that, the day was full of reworking stuff, and planning.
The first thing I had to work on was moving my rig to a new pool. I didn't want to receive ETC as payment anymore since it takes to long to deposit it into an exchange. I dumped ETC into ETH with another 3 deposits coming in over the next 3 days. I will dump those into ETH as well. Once I have it all in ETH, I will begin trading in the account and see how that goes.
Since it's Sunday, I spent some time converting all the shitcoins I have into SCC. The dust from all of them didn't amount to much. After that, I didn't have much to do since the strategy was going and I just need to check on it once an hour and twink some things. So I put a lot of thought into how I want to use the mining funds. If you run through my posts, you will see I mainly been using 100% of it to build the portfolio and only took out what I spent on the site and the cost of power used from the miner.
It got me thinking, I should build an ad budget for the site as well as put some into fiat since I have my crypto card. I could send the crypto there, sell it, and leave the money on the card. With 1% cashback on everything I spend being paid in CRO. I could build my CRO bag while spending the money on stuff for the website. So I've decided to split the mining into 50/50, half goes to fiat, and half goes to the portfolio. Also, if the budget grows big enough, ill just build another mining rig.
BTC is sitting at 12% of the portfolio, I'm slowly getting to 50% of the portfolio. However, now that I have added ETH to the portfolio. The goal will be pretty simple; 40% BTC, 40% ETH, and 1% in each coin I decide to build a bag in. Of course, this being a small portfolio. SCC and DASH is going to be well over 1% of the portfolio for a long time.
Current Goals
| FOCUS | GOAL | CURRENT |
|---|---|---|
| Short Term | 1,000 SCC | 148.28 SCC |
| Long Term | 1,000 DASH | 0.75 DASH |
| Website Ad Income | 0.0005 BTC Daily | 9 Sats Daily |
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