Tuesday, December 25, 2018

Selling Cryptocurrency on Gemini

If you celebrate Christmas, then Merry Christmas!

Part of the last few things I wanted to accomplish in 2018 from a financial/investing lens was to sell off my cryptocurrency.

I worked on selling the small amount of cryptocurrency I had in Gemini, and here is a screenshot from my Gemini account showing that I've sold and withdrawn everything.


You can watch the sales of Ethereum and Zcash here - https://www.youtube.com/watch?v=yjjJNRUyXq8

I had a TERRIBLE rate of return on cryptocurrency. I initially put $100 into Gemini to try it out and I withdrew around $20. I averaged down on Ethereum a lot, and lost quite a bit of money there. Another example was that I bought $10 of Zcash and sold it for $1.96.

It was fun to try and I'm glad I did it, even though I lost money. I was hoping to do some swing trading, but that didn't work out for me.

Do you have Cryptocurrency? How are your investments going?

Signed,

Mitch

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