Well, shortly after saying that cryptocurrencies were boring it got exciting. I lost about $50 while I was sleeping. I went to bed with Litecoin in my crypto wallet. I had a sell order in at a couple of dollars higher than when I went to bed.
Unfortunately it went down instead of up. Once again, there was the famous weekend crash. It didn't happen last week and I felt that Litecoin was moving up so strongly that it wouldn't happen this week. I was wrong.
I sold at a bottom and got back in a few minutes later. Over the day it moved in small amounts.
Tonight it went down again. I got out quickly and then it started going up again. So I bought back in. This getting in and out doesn't really cost much. A transaction costs 0.2 %. It's worth it to get in and out and to try to miss the big losses. The trouble is that I have to sleep sometime.
I had a bot but I wasn't happy with it. It didn't get in and out fast enough for me. With cryptocurrencies you have to be fast. Maybe I can set the bot differently. I'll have to contact Pablo and find out.
I went to LaCrosse today. I went to church and then hung out at Barnes & Noble. I bought a book by Malcolm Gladwell. He's one of my favorite authors. I also got a survivalist book. It looked to me like the prices are going down there. Maybe they are going bankrupt. I hope not; I'll miss them.
Not much happening here. I'm at Culvers (a hamburger shop). Just watching cryptocurrencies and reading Gladwell's latest book.
Later
Sunday, January 12, 2014
Saturday, January 11, 2014
Time for Disjointed Rambling
I decided to do a little rambling, today. I've been thinking about how much my life has been disrupted by negative (fear-based) thinking.
I think a lot of it started in the 70's and 80's. I've never mentioned it here but I feel that my investment thinking has been warped by feeling that I had to acheive wealth due to believing that I had a series of one-night-stands with a variety of Hollywood starlets. This was probably a hallucination but I've spun my wheels trying to get the money that I would need to be good enough for them.
I was also trying to get out of the working class rut. I felt that I could make enough money trading commodities or options to be one of the 1% who everyone else works for.
I guess I'm still trying to get out of the rut with crypto-currencies. That seems to be working for now.
I've been willing to take great risks with money and I always avoided doing the hard work that might have made my schemes work.
One of the things I avoided is selling. Looking back, I feel that I might have made it if I had found a commission sales job. It's always better to get paid for what you achieve than for the time that you work.
That's covered in T. Harve Eker's books and seminars.
Talking about motivational speakers, I was watching Glendon Cameron today. In one of his vlogs on his YouTube channel, he said that the first step towards achieving wealth is commitment. You have to do what it takes to get wealthy with no excuses. I've always have been lazy. That's probably been a bigger problem for me than my mental illness.
Getting back to negative thinking and commitment, I feel that this prepping stuff I've been watching on YouTube has derailed my movement towards achieving wealth.
I've got close to $3000 invested in precious metals. If the economy doesn't collapse, what am I going to do with it? I'm not even sure that gold and silver will do any good in a collapsed economy.
I'm spending all of my money and time getting ready for the financial collapse and none towards becoming an entreprenior. That's what I should have done 30 or 40 years ago.
I was watching something about that Zuckerberg fellow. Appariently he bought a copy of a book on C++ programming about the same time that I bought one. The difference is that he followed through. I never did teach myself to program. The difference between the two of us is obvious. I doubt that I would be a billionaire by now but I think I would be doing better than I am had I really dug into it.
Oh well, go to Glendon Cameron's Youtube channel and get Eker's book. Maybe it's not to late for you.
Later,
I think a lot of it started in the 70's and 80's. I've never mentioned it here but I feel that my investment thinking has been warped by feeling that I had to acheive wealth due to believing that I had a series of one-night-stands with a variety of Hollywood starlets. This was probably a hallucination but I've spun my wheels trying to get the money that I would need to be good enough for them.
I was also trying to get out of the working class rut. I felt that I could make enough money trading commodities or options to be one of the 1% who everyone else works for.
I guess I'm still trying to get out of the rut with crypto-currencies. That seems to be working for now.
I've been willing to take great risks with money and I always avoided doing the hard work that might have made my schemes work.
One of the things I avoided is selling. Looking back, I feel that I might have made it if I had found a commission sales job. It's always better to get paid for what you achieve than for the time that you work.
That's covered in T. Harve Eker's books and seminars.
Talking about motivational speakers, I was watching Glendon Cameron today. In one of his vlogs on his YouTube channel, he said that the first step towards achieving wealth is commitment. You have to do what it takes to get wealthy with no excuses. I've always have been lazy. That's probably been a bigger problem for me than my mental illness.
Getting back to negative thinking and commitment, I feel that this prepping stuff I've been watching on YouTube has derailed my movement towards achieving wealth.
I've got close to $3000 invested in precious metals. If the economy doesn't collapse, what am I going to do with it? I'm not even sure that gold and silver will do any good in a collapsed economy.
I'm spending all of my money and time getting ready for the financial collapse and none towards becoming an entreprenior. That's what I should have done 30 or 40 years ago.
I was watching something about that Zuckerberg fellow. Appariently he bought a copy of a book on C++ programming about the same time that I bought one. The difference is that he followed through. I never did teach myself to program. The difference between the two of us is obvious. I doubt that I would be a billionaire by now but I think I would be doing better than I am had I really dug into it.
Oh well, go to Glendon Cameron's Youtube channel and get Eker's book. Maybe it's not to late for you.
Later,
Thursday, January 9, 2014
Crypto-currencies are now boring
The crypto-currencies have been moving sideways, lately. That makes it hard to make any money on them. I've been in and out a dozen or more times in the last week and I have the same amount of money that I started with.
I'm tempted to quit. At least until the 31st of January. That is when the Chinese won't be able to get their crypto-currency transferred back and forth to their banks.
That should drive the market a lot. Maybe they are getting out, now, and that is holding the market down.
I've got a good notion to get my money out and pay on credit cards. I'm carrying too much debt.
I'm hoping to go prospecting for gold this Summer. I'll just throw a metal detector and tent into the van and go.
I think I'll go to Happy Camp, California and check out the "New Fourty-Niners",first. That is a club in northern California that has a lot of claims on the Klamath River. It would cost $1500 to $3000 to join but it might be worth it. If that doesn't work out I'll join the "Gold Prospector Association of America". They have permission to pan on dozens of claims across America. It only costs $70 for an annual membership.
I'll have to find a way to store all of my stuff. I have a bunch of etchings that I would like to sell but they're not moving. I have to lower the price and market them better. I would like to take Bitcoin as payment for them.
I'm too late to get into Spanish class, next Spring. Not only am I still waiting to see if I still have a job but the class was canceled because of too few students. Maybe I could go to Luther. I might still be able to get in there.
Today, I'm having a review to see if I'm still going to be on the Experience Works program. I have to get all spiffed up for that. I think I'll wear my nicest shirt, wrinkle free pants and a nice sweater. I bought some new tennis shoes, yesterday. I think I'll wear them.
Well, it's time to shower, shave and generally spiff up.
Later
I'm tempted to quit. At least until the 31st of January. That is when the Chinese won't be able to get their crypto-currency transferred back and forth to their banks.
That should drive the market a lot. Maybe they are getting out, now, and that is holding the market down.
I've got a good notion to get my money out and pay on credit cards. I'm carrying too much debt.
I'm hoping to go prospecting for gold this Summer. I'll just throw a metal detector and tent into the van and go.
I think I'll go to Happy Camp, California and check out the "New Fourty-Niners",first. That is a club in northern California that has a lot of claims on the Klamath River. It would cost $1500 to $3000 to join but it might be worth it. If that doesn't work out I'll join the "Gold Prospector Association of America". They have permission to pan on dozens of claims across America. It only costs $70 for an annual membership.
I'll have to find a way to store all of my stuff. I have a bunch of etchings that I would like to sell but they're not moving. I have to lower the price and market them better. I would like to take Bitcoin as payment for them.
I'm too late to get into Spanish class, next Spring. Not only am I still waiting to see if I still have a job but the class was canceled because of too few students. Maybe I could go to Luther. I might still be able to get in there.
Today, I'm having a review to see if I'm still going to be on the Experience Works program. I have to get all spiffed up for that. I think I'll wear my nicest shirt, wrinkle free pants and a nice sweater. I bought some new tennis shoes, yesterday. I think I'll wear them.
Well, it's time to shower, shave and generally spiff up.
Later
Saturday, January 4, 2014
I Quit Watching Cramer
Yes it happened. I haven't watched Jim Cramer's show "Mad Money" for over a week, now.
The real reason is probably that my gambling itch is being satisfied by trading crypto-currencies. But I have some other reasons as well:
That reminds me, I checked EBay for gold prices today. The spot price for gold is a little above $1200. But on EBay 1/10 ounce gold coins are going for around $200 instead of the $150 They were going for a few weeks ago. I think the people who buy on EBay have a better feel for the real prices of metals than the market manipulaters on Wall Street and London. In fact, at London what they do twice a day is to set the world price of gold. They call it the "Fix". What an appropriate word for what they do to gold they fix it twice a day.
Oh well, I'm just going to keep playing crypto-currencies with my bot and try to get ready for a world wide financial collapse.
Later
The real reason is probably that my gambling itch is being satisfied by trading crypto-currencies. But I have some other reasons as well:
- Cramer says not to invest in the market if you have credit card debt. He points out that you will always be playing from a position of weakness.
- He also recommends having $10,000 to play with. That means money that you can afford to lose, so you can diversify.
- The market uses US dollars. I'm convinced that the dollar will collapse any day, now.
- There is massive market manipulation going on. I saw that when I was trading Fannie Mae. The price would move a day or two before the announcement of the news that moved it. I also saw the 9/11 terrorist attack be preceded by the market moves in airline options.
- Gold is even manipulated. It's obvious but nothing is ever done about it.
- I need my money to get ready for the financial collapse. I've only made money a few times with the market and it's just too important to use my money preparing for the collapse than to risk it again. Crypto-currencies are bad enough, but I have more faith in precious metals and crypto-currencies than the market.
- I need to protect myself from government seizures. They took people gold in the thirties and at Cyprus they took money out of bank accounts, recently.
That reminds me, I checked EBay for gold prices today. The spot price for gold is a little above $1200. But on EBay 1/10 ounce gold coins are going for around $200 instead of the $150 They were going for a few weeks ago. I think the people who buy on EBay have a better feel for the real prices of metals than the market manipulaters on Wall Street and London. In fact, at London what they do twice a day is to set the world price of gold. They call it the "Fix". What an appropriate word for what they do to gold they fix it twice a day.
Oh well, I'm just going to keep playing crypto-currencies with my bot and try to get ready for a world wide financial collapse.
Later
Friday, January 3, 2014
Got Butter Bot Working
I loaded a robot trading system to my Bit coin exchange account. It took a lot of doing but I think it will be worth it.
I was disappointed with how it worked at first. When it went through it's buy and sell cycle I ended up with less bitcoins each time. I changed some numbers and I hope that it works better, now.
I will probably lose my job at the Peace Center. I don't think I'm poor enough for the Experience Works program. I asked Julie (my boss) if the Peace Center could just hire me for 10 hrs. a week.
She said that she would take it up with her board of directors.
It looks like I won't be able to take Spanish the next semester. I'll miss that.
My prepping is taking a hit because of poverty. I can't get a trailer because I can't get a trailer hitch on my van. So I'm thinking of outfitting my van with a bed and shelves so I can live in it. Then I could go prospecting for gold. I could leave next Summer. There really isn't much keeping me here.
Once I get the bot to trade my Bitcoin account well, I won't even have to watch that.
I'll have to store my stuff and find a place for my precious metals. I also have to get rid of my etchings.
It's more likely that I'll leave the Summer after next Summer.
Well, I have to get organized and get rid of most of my belongings if I'm going to take off in my van. Also all this prepping bs will go by the wayside since I can't fit much food, guns and gold into the van. I could probably have a lot of gold but I don't think that's wise for traveling.
I hope to hear from Experience Works on whether I have a job or not. I really don't care much either way. I just want to know one way or the other so I can make plans.
I think I can find some part-time jobs here and get by just fine. I just need a little extra money to get out of here.
One of the reasons I want out is to find some land that I can have a homestead on. The land here costs around $10,000 an acre. I just can't afford it. Maybe I can find some cheap land in Colorado or Wyoming. I don't know where I'll end up but it will be an improvement.
Later
I was disappointed with how it worked at first. When it went through it's buy and sell cycle I ended up with less bitcoins each time. I changed some numbers and I hope that it works better, now.
I will probably lose my job at the Peace Center. I don't think I'm poor enough for the Experience Works program. I asked Julie (my boss) if the Peace Center could just hire me for 10 hrs. a week.
She said that she would take it up with her board of directors.
It looks like I won't be able to take Spanish the next semester. I'll miss that.
My prepping is taking a hit because of poverty. I can't get a trailer because I can't get a trailer hitch on my van. So I'm thinking of outfitting my van with a bed and shelves so I can live in it. Then I could go prospecting for gold. I could leave next Summer. There really isn't much keeping me here.
Once I get the bot to trade my Bitcoin account well, I won't even have to watch that.
I'll have to store my stuff and find a place for my precious metals. I also have to get rid of my etchings.
It's more likely that I'll leave the Summer after next Summer.
Well, I have to get organized and get rid of most of my belongings if I'm going to take off in my van. Also all this prepping bs will go by the wayside since I can't fit much food, guns and gold into the van. I could probably have a lot of gold but I don't think that's wise for traveling.
I hope to hear from Experience Works on whether I have a job or not. I really don't care much either way. I just want to know one way or the other so I can make plans.
I think I can find some part-time jobs here and get by just fine. I just need a little extra money to get out of here.
One of the reasons I want out is to find some land that I can have a homestead on. The land here costs around $10,000 an acre. I just can't afford it. Maybe I can find some cheap land in Colorado or Wyoming. I don't know where I'll end up but it will be an improvement.
Later
Sunday, December 29, 2013
Trading PPC
Well I'm back to trading crypto-currencies. This time I decided on something called PPC. It stands for Peer to Peer coin.
I got out of Lite coin because I felt that it would move more as a percentage than the the Lite Coin. I was probably wrong. It bounces around a lot but I feel that the Lite Coin would have been better.
This morning I was watching the currencies and there was a big move up. That was after the bad news from India. I felt that it demonstrated the strength in these coins. So I jumped into Lite Coin. I noticed that PPC moved more on a percentage basis so I got into it instead. PPC has been a disappointment.
I'm going to leave it overnight and I hope it goes up in my sleep.
On a different topic, a guy told me that he knew where I could buy an old van that would be able to tow a trailer for $800. I think I'll put it off until the currency collapses. I might be able to get a trailer and a different van at low prices then. I've just got to be patient. If I can make money on crypto-currencies I'll be able to buy something then.
Something that could help the process is to sell my etchings on this blog for Bit Coins or Lite Coins. I think I'll show some of the etchings here.
I got out of Lite coin because I felt that it would move more as a percentage than the the Lite Coin. I was probably wrong. It bounces around a lot but I feel that the Lite Coin would have been better.
This morning I was watching the currencies and there was a big move up. That was after the bad news from India. I felt that it demonstrated the strength in these coins. So I jumped into Lite Coin. I noticed that PPC moved more on a percentage basis so I got into it instead. PPC has been a disappointment.
I'm going to leave it overnight and I hope it goes up in my sleep.
On a different topic, a guy told me that he knew where I could buy an old van that would be able to tow a trailer for $800. I think I'll put it off until the currency collapses. I might be able to get a trailer and a different van at low prices then. I've just got to be patient. If I can make money on crypto-currencies I'll be able to buy something then.
Something that could help the process is to sell my etchings on this blog for Bit Coins or Lite Coins. I think I'll show some of the etchings here.
These are just three of the etchings that I have by Malcolm Childers. I have around 10 or 12 different etchings. If you are interested in them you can leave a comment and we can arrange payment by bitcoin or litecoin. Malcolm has a website at Roadsongs.com. I have most of his less expensive etchings.
Later
Saturday, December 28, 2013
Don't know why crypto-currencies are as strong as they are.
I'm back to trading crypto-currencies. I'm in NMC now. It's a smaller, more volatile currency. I've been in and out a couple of times this morning. Each time I get in and out I lose money on the spread (the difference between the ask and bid price). That means that it costs me money just getting in and out of a position. I need to stop over trading.
Yesterday I was thinking that the situation in India would drive the crypto-currencies down but I was wrong. They are going up again, So today I'm back in.
On a different topic, I'm thinking about trading my gold for a motor home. I feel that gold will be useless in a real SHTF situation. People may be bartering for ammo and food but I think gold is just too expensive to be a good medium of exchange. Therefore I would be better off trading it for my bugout RV. I could also use the RV to go panning for gold. I hope to do that in a couple of years.
I may have some changes in my employment situation. I still haven't heard about rather I've been re certified as being poor enough for my present job. It looks like I'll be able to stay on for another month if I'm not. Other part time job opportunities are showing up so I'll be OK for now. I'm just concerned about getting enough money to do a good job of preparing for the financial collapse.
Unfortunately, I don't think there is any way of really preparing adequately. It's just too expensive for a poor person and preparing is a bottomless pit for money.
I not only don't have the money to prepare; I also don't have the space to store stuff. I might look into getting a storage space for water, ammo, and food. That will set me back by about $50/month. Maybe I can get Jim and Sherry to go in with me. I talked with Sherry about prepping, last night. She recently read a book about having someone set off an EMP or electro-magnetic-pulse, and taking down the entire grid. I suppose it could happen. I feel that a currency collapse is certain. I don't feel that we'll be at war with anyone else. The public is just sick and tired of wasting money on military spending.
Of course, if a person is preparing for one contingency he is also preparing for others as well. You have to set back the same food and water and stuff for all possible events.
Oh well, I'm going back to watching crypto-currencies. NMC moved down whilest I've been blogging.
Later
Yesterday I was thinking that the situation in India would drive the crypto-currencies down but I was wrong. They are going up again, So today I'm back in.
On a different topic, I'm thinking about trading my gold for a motor home. I feel that gold will be useless in a real SHTF situation. People may be bartering for ammo and food but I think gold is just too expensive to be a good medium of exchange. Therefore I would be better off trading it for my bugout RV. I could also use the RV to go panning for gold. I hope to do that in a couple of years.
I may have some changes in my employment situation. I still haven't heard about rather I've been re certified as being poor enough for my present job. It looks like I'll be able to stay on for another month if I'm not. Other part time job opportunities are showing up so I'll be OK for now. I'm just concerned about getting enough money to do a good job of preparing for the financial collapse.
Unfortunately, I don't think there is any way of really preparing adequately. It's just too expensive for a poor person and preparing is a bottomless pit for money.
I not only don't have the money to prepare; I also don't have the space to store stuff. I might look into getting a storage space for water, ammo, and food. That will set me back by about $50/month. Maybe I can get Jim and Sherry to go in with me. I talked with Sherry about prepping, last night. She recently read a book about having someone set off an EMP or electro-magnetic-pulse, and taking down the entire grid. I suppose it could happen. I feel that a currency collapse is certain. I don't feel that we'll be at war with anyone else. The public is just sick and tired of wasting money on military spending.
Of course, if a person is preparing for one contingency he is also preparing for others as well. You have to set back the same food and water and stuff for all possible events.
Oh well, I'm going back to watching crypto-currencies. NMC moved down whilest I've been blogging.
Later
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