Saturday, June 24, 2017

I'm Getting Murdered in Crypto.

I'm getting whipsawed by crypto currencies again, today.
When it's going down, I bail out at a loss. Then it goes up and I buy at a peak. It's just human nature to do the exact wrong thing when you are trading something. If I just sat it out I would be in better financial shape than I am by actively trading.
I'm down to close to $100, today. The big problem is that Ether is going down; as well as the rest of the crypto currencies.
On other news, I saw that Troy (on the YouTube channel "The Do it Yourself World") bought a pop up camper for $30.
Why don't deals like that come to me?
I decided to run a "wanted" add on DecorahNow.com. I'm asking for a good deal on a camper or trailer.
We'll see what happens with the add. I offered to pay in precious metals since I don't really have any money.
I didn't get to hold the sign at J.C. Penny's today. It was too windy and they didn't want anyone today or tomorrow for that matter.
I'll have to go by Manpower, Monday, and see if they have any work for an old fogy like me.
Well, ether is down again; it's time for me to take another loss.
Later.

Sunday, June 18, 2017

I'm down again in Crypto.

I'm down to about $380 in crypto currencies. My high point was $1200. That was a week or two ago.
I quit my job at Walmart and I now wish I hadn't.
I made a little, yesterday, by holding a sign for J. C. Penny's going out of business sale. Today, it was too windy to work there. The sign is 10 or 12 feet high and the wind whips it around like crazy.
Tomorrow, I'm running by Manpower and seeing what jobs they might have. They are pretty good about keeping me employed.
If I just force myself to stay at home and not go out and eat a lot, I can keep my expenses down to where I can live on my Social Security. I don't really have to work if I don't want to and I can escape my credit card bills by declaring that I'm disabled and not able to pay them. That's what the company that contacted me about debt forgiveness is a about.
I think I'll go to Manpower and keep working and pay off the cards anyway. That way I'll be in better position to get a trailer when it's time.
I still want to have a small acreage and a garden and a few animals as well.
I just have to face the fact that crypto currencies is not the way to wealth for me. It's too volatile. For every big up, there is just as big of a down.
Later,


























































































































Thursday, June 15, 2017

After a Roller coaster ride in Cryptos I still have $350.

What a ride; at one time I was over $1200 but I was taken down to $350, now. I'm out, for now.
I left my money at Kraken so I can get back in but it's too volatile for me. I thought it would just go straight up for a month or so. I was wrong. I'll be patient and get back in, later.
I quit my job at Walmart when I was up $1200. Now I kind of wish I hadn't. I need something to bring in more income. Maybe some sort of sales job wouldn't be too physically demanding to me.
 I also was contacted by an organization that will get me out of credit card debt. Apparently I just quit paying my debt and get it written off as being disabled and not able to pay it. I just have to cut back on my dining out and cut back my spending.
On a different topic, I got a check from the U.S. Treasury, today. I don't know what it was for but I put it into my bank account. There's no use in looking a gift horse in the mouth.
I'm trying to organize a group trip to Deadwood South Dakota in the middle of July. There is a gem and mineral show there, then. I'll also do some gold panning.
I think I'll add to this later.

Friday, June 9, 2017

l didn't borrow more to get into Ether but my $100 is now $280.

I decided not to borrow more to get more into Ether but my original investment is now worth over $250.
I contacted the people who are going to help me get out of debt. Instead of paying over $700/month I'll be paying the $260/month. And it's over at the end of 21 months. It sounds good to me.
I gave my 2 weeks notice to quit at Walmart. It was simply too hard for this 69 year old body. I'm doing the work but I'm drained severely by the end of the shift.
I'm going to retire; that's it for working. I might do some snow shoveling this winter because I enjoy it and nobody pressures me very much. But I'm not even running out to Manpower to see about jobs, any more.
As I mentioned, I'm doing well with crypto currencies. It's still small numbers but I doubled my money in a week. If that keeps up I won't need any other source of income.
The trouble is, that I've done this a dozen times with futures, stock options and such, and I always end up losing and regretting quitting my job. I always end up in worse financial shape when I go "all in" on whatever "sure thing" I'm trying currently.
I hope that this time is really different.
On the metal detecting, I didn't get out to Seed Savers like I said I would.
Neither Brian or Raymundo showed up and I didn't feel like going out on my own.
Something that looks hopeful is a gold panning expedition to South Dakota. I have identified at least 4 people who might be interested in going on such a trip with me. They include Dave, Brian, Dalton, and his girlfriend.
We might get something going after my last day at Walmart. That's a week from Wednesday.
I think I'll buy more gold with crypto currencies than I'll ever find in a stream bed.
Oh well,
later,

Tuesday, May 30, 2017

So Should I Borrow Money at a High Interest Rate to Buy Ether Coin?

Ever the gambler, I'm tempted to borrow money to buy crypto currencies, especially Ether Coin.
I've already have over $100 in Ether, now.
A couple of weeks ago I had over $500 in it; but it collapsed and then in the last few days it's coming back.
I think I'll get some of my high interest credit cards paid off (either with a lower interest loan or simply paying them down).
I simply hate paying over 15% for a credit card or a loan. When I'm paying that much for money I feel that I'm being discriminated against due to my poverty.
I applied for an increase in my credit limit on one of my Visa cards today.
I also went by the credit union to see about a loan. I have to have a pay stub for them.
I'll get one tomorrow.
Bitcoin and Ether are both moving up strongly. Ether is taking the lead; actually Bitcoin was a little weak today.
I don't think I'll borrow to buy coins in the near future.
That has always turned out to be a bad idea. I always lose when I'm using borrowed money; then things turn bad quickly. That's when I lose jobs and get sick or something.
I think I'll just be a little patient and pay off my debts.
Of course, if I can arrange a loan at a lower interest rate it would help.
I wasn't going to but I bought an old laptop to fix up again. I just have so many good parts, laying around the apartment that I'm always tempted to assemble another old laptop from those parts.
I saw a laptop (an HP dv6000) that shouldn't be difficult to get running. I think I'll have it running in an afternoon.
I'm making progress in going metal detecting. Both Brian and Raymundo expressed interest in going with me.
I went by Seed Savers to ask Tom for permission to metal detect, there.
He wasn't there but I got a phone number for his direct line. I'll call him tomorrow.
That's all for now.
Later

Monday, May 29, 2017

I Need a Goal.

Something I was reading on Yahoo pointed out that people need goals to keep them working towards something.
Right now, I'm operating without one.
Of course I have vague ideas of getting a trailer and some land and starting a homestead.
Two things are wrong with that:

  1. I'm too poor to make it work.
  2. I'm too old to do all the work required.
Some of the books I read tell me never to use the words "I can't". Rather I'm supposed to replace that phrase with "how can I?".
This raises the question of rather I really want to have a homestead or am I just responding to all the negative YouTube videos I've watched about the currency collapse.
I think I'm just being influenced by all those videos. According to them the currency should have collapsed a couple of years ago.
Now that I think about it, I was watching many of the same people, saying the same things, thirty years ago.
So when will the currency collapse? I don't know but I feel that it's probably is nothing I should be basing my future planning on.
I need to find a more positive and reachable goal to work towards.
Maybe gold prospecting and metal detecting on beaches would be more achievable. All I really need is a cheap trailer and a few tools like a sluice box for prospecting. If I really wanted to, I could be gone next month.
The last time I tried this, a couple of years ago, it didn't work out because the temperature was too high and I lived in an apartment and spent too much money.
This time I would live in a trailer and keep my expenses down.
It would be better if I could get someone a little younger to go with me to do a lot of the heavy lifting. That was something I was missing the last time as well.
Something that was pushing me into going prospecting before I was really ready the last time was the Ebola epidemic.
The death rate for people over the age of 45 was 97% so I wanted to be isolated when it spread to the U.S.
Ebola has started again.
It's isolated to a small village in Central Africa but I'll keep track of it.
There are two things that are working to contain it:

  1. It's in a small, isolated village.
  2. There is a new vaccine that might work better than the first one. 
It's in the first month of spreading so only 49 people have it yet. But that number doubled in the first month.
We'll see how it goes from here.
Later,

Saturday, May 27, 2017

Surprising No one but Myself.

I guess it's no real surprise but I got cleaned out of my ether coin, last night.
I was using 3 to 1 margin and at sometime in the night my account went low enough that it was automatically sold out. Out of the $100 that I started with last week I'm down to $40 left.
At one time, yesterday, I had over $300.
I'm a little cynical and I figure that the same people who manipulate the precious metals and stock market are manipulating the crypto markets as well.
People keep saying that crypto can't be manipulated because they can't be shorted. But that's not true because you can sell short on the Kraken exchange and maybe others. All it would take is a few rich people colluding.
And that is more common than not since laws are no longer being enforced.
I don't know when they quit enforcing laws but it's been that way ever since I started investing. All markets are simply a way to transfer wealth from the poor to the rich.
I should know better than to invest in anything; I always lose.
The idea of starting multiple streams of income is just a delusion. The trouble with trading cryptos is that they trade 24/7 and I have to sleep or work at some time in the day. I just can't be trading 24 hrs. a day. That, and like every other market, it's manipulated.
Someone has said that "It's all a big club, and you ain't in it". I should know better than to try to have my money make money. All there really is is an hourly job.
It's a form of slavery but that's all that's left to us.
I need to find something where I can get paid for what I do rather than being paid hourly; maybe some sort of commission sales would be better.
Oh well,
Surprising no one but myself, I just now placed and order for ether at 5 to 1 margin. I figured that as long as I only had $40 to invest I might as well risk it all and it looks to me like a bottom has been put in.
I just don't know of any other way to have my money make me money.
Later,