I'm in this thing for the long haul, buying various types of digital currencies with the most potential to be used in the future as valid forms of payment.
I'm also in this thing for the medium haul, by using properitary algorithms and strategies by Enigma to trade digital currencies.
Using rigs hooked up to the world's best performing mining pools, I'll generate a small percentage of the fund's income through digital currency mining.
What is Greenmetrics?
It is a dashboard for buying, hodling, and trading digital currencies (such as bitcoin, ether, and litecoin). It will also be a platform to participate in Initial Coin Offerings (ICOs) for projects that examine profitable ways of using the blockchain.
So what does that mean?
It’s a public view into the holdings of my digital currency accounts. I think if I can make a bundle of cash before I'm twenty-five and get out of this racket, I'll be able to ride my motorcycle across China.
Who's running this?
I'm Alexander Green, a designer and developer based in New York.
Why did you make this?
I’ve always had an interest in digital currencies, also known as cryptocurrencies, since first hearing about bitcoin in 2012. Back then, I was a broke college student with no money and a Dell laptop which was eventually stolen, so I couldn’t mine. Now that I’ve been on the sidelines for years, I’m excited to dive into the world of cryptocurrencies with some skin in the game.
Why make it public?
I was inspired by the open access of the Norwegian Government Pension Fund Global. They invest in everything from Manhattan real estate to breweries in Botswana. While I’m investing literally pennies compared to what they’re doing, I thought it would be cool to reach for the same level of transparency. This is a side project for fun, but I called it a fund because I wanted it to sound fancy.
How are you (the fund) going to make money?
I have three strategies. First strategy is the simplest - just buying various digital currencies and holding them for the long haul. The second strategy is day trading digital currencies, which will exist in a separate collection of accounts. You know the deal - buy low, sell high. This will be handled by an algorithm (really several gargantuan blocks of poorly written code by yours truly) that hooks into the APIs of several currency exchanges. If I’m bored or feeling down, I’ll also manually day trade, though I’ve read Flash Boys so I know it won’t end well. Third strategy is mining digital currencies. Obviously, it’s worthless to mine Bitcoin at this stage unless you’re a multi-millionaire Chinese mining tycoon living in the foothills of Changsha, so I’ll be going after other coins.
So to recap…
I’m a dude that’s going to buy, sell, and mine digital currencies. This website is a public facing look on where my money’s at. Independent of this, I'll also be monitoring and investing in ICOs of Ethereum based projects that have potential real world value.