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Week 10 Recap
Unfortunately there will be no weekly recap this week as I've been rather busy. Double recap next week? We'll see. All I have to say is, Bitcoin hit another new all time high of ~$6,150 USD this week!
Week 10 Results
Another big let down this week after seeing Bitcoin rally so hard. Let's just be honest: alts suck, for now. All the innovation is happening in alts, but unfortunately all the gains are being made elsewhere (cough bitcoin cough).
Loss for the week was -$29.04 USD (11%). The biggest winner this week was District0x with a gain of $0.59 USD (24%). The biggest loser this week was Polybius (surprise!) with a whopping loss of $6.49 USD (61%). Polybius had crazy gains last week with no real news to explain the rise (other than a few folks who pointed out a dividend was coming up). I won't go so far as to say it was a pump and dump, but it certainly appears that way. If anyone has information stating otherwise, please share! Details below:
|Symbol||Quantity||Price||October 15th||October 22nd||Week Change $||Week Change %|
Want to follow along?
If you're Canadian and want to try the same thing, I use QuadrigaCX (wire transfer, interac online) and Coinbase (VISA, Mastercard, AMEX) to purchase bitcoin, ethereum, or litecoin to transfer to an exchange that supports all these alternative currencies. I used HitBTC to buy all 31 currencies, but many exchanges will work just as well.