Almost no internet, very little contact with the “outside world”.  It was nice.  It looked like I missed a lot of madness over the weekend that I’m still sorting through across various feeds.   Anyway, I spent a lot of time reading about trading.   Hobby mining is fun and all, but it’s effectively a zero sum proposition in the short term.  Certainly I can hope for the fractions of various coins I’m able to bring in every week to eventually appreciate in value to the point that I can look back and say “I told you so.”

But let’s be honest, there are no guarantees of that.  Cryptocurrency is volatile.  It’s attracting the attention of regulators, it’s got the IRS interested.  The wild wild west might not stay wild forever, and even if it does, things can crash, and those fractions of coins I’m bringing in mining end up being worth fractions of dollars.

So I’m looking to trading.  Lots of reading, lots to learn.  And the crazy part is… this market doesn’t really follow all of the rules of the stock market.   So I think it’s going to be a wild ride.  I’m watching the larger currencies carefully right now trying to decide on exactly what my strategy is going to be.  What’s the blend?  What are my profit targets?  Do I short?

We’ll see what happens, but I’m looking forward to finding out.

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