Vacation!

Prepping for a trip, and making sure the future is secure

Tomorrow is the Fourth of July, which means today is a national holiday. Whee! To keep from going insane, my wife has taken off a few days next week. I took Monday off as well, and we will be heading out tomorrow morning to spend a few days with my father in law. Hiking, canoeing, and fireworks will ensue. We’ve got a lot of work to do to get the house ready for our departure. I’ll be cutting the grass and weed-eating, then I need to get our security cameras connected to our new ASUS ZenWiFi AC access points before we leave. We’re also hosting our quarantine family over movie and game night.

I won’t have to worry about Zombie, LLC for the next couple days, but I’ll probably be doing some work for my consulting projects. I just picked up another client yesterday, for a local political advocacy organization. I already got the wordpress site setup, and the client is going to handle the copy and content, so it should be a quick win that hopefully won’t serve as a distraction from my main project, which I’m into the third month on.

It’s Friday, which means that my cron jobs on my workstation upstairs is about to purchase twenty five dollars of BTC and transfer it to the wallet belonging to one of my daughters. All I have to do is keep the funds loaded, since there’s no way to initiate a funds transfer over API. I could do it using the exchange’s automated service, but they’d charge over a dollar for the transaction.

Since it’s the first weekend of the month, it’s probably a good time to review finances and take some optimization steps as well. I’m in the process of moving USD out of my daughter’s Lending Club accounts, converting it to BTC and dropping it in their BlockFi accounts, where it will earn a higher percentage yield. My own BlockFi account is earning a nice amount as well.

My IDEX masternode seems to be paying off now as well, after several years of middling returns. The IDEX token has doubled in price recently, and daily volume has been picking up, so I’m anxiously watching it to see how things progress. I’m currently hosting a level one node, and am hoping I’ve got enough staked that I’ll be able to run a level two node when it’s released.

I was reading something earlier this week that said that one doesn’t have to hyper optimize everything, that it’s ok to be happy knowing that you’re on the right path without worrying that you’re milking every last percentage point out of the markets. I’m currently holding positions in over three dozen publicly traded equities, and have at least a dozen cryptocurrencies in various wallets. Less than a third of them are even worth two percent of my portfolio, so I’m not getting caught up in micromanaging every one of them. Even the recent parabolic run on XHV, while placing it squarely in the top off the profitable coins that I’ve mined in the last two and a half years, hasn’t made my rig profitable.

And that’s why I turned off my mining rig, named lambo1, a few days ago. Managing it is just not worth my time right now. Finding coins to mine is a crapshoot, and keeping the blockchains current for a dozen different bags is just too cumbersome. I’m going to have to spend some time figuring out a way to not only manage what I have, but to make sure that I have documentation packed away in case something happens to me.

And that goes for all the things I’ve mentioned here today. If I was incapacitated, my wife would have to call in an expert just to retrieve my Bitcoin and Ethereum. Showing her how to use my hardwallet has been on my todo list for several weeks. Now that I’ve got a home intranet setup, I can start documenting all the various components of our finances to make sure that everyone knows where everything is. It seems like a great way to make sure that my kids know about the investments that I’m making for them and the family, and that they are crypto-natives as they grow up.

I mean, that’s why I’m into this whole blockchain thing in the first place, isn’t it?

Leave a Reply

Your email address will not be published.