Bagging Ravencoin | Bitcointalksearch.org

Refrumatrix

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Quote from: FP91G on July 23, 2021, 10:33:55 AM

Quote from: TheMimic1 on July 23, 2021, 02:00:16 AM

Anyone bagging raven coin? I build a mining rig specifically for raven coin and I plan to hold for next five or six years targeting the next BTC halving season, raven coin all time high is 0.22$ this year and it's down to 0.05$, I'm willing to take the risk so who is with me? Good plan or not?

When Ethereum mining is over, there will be a lot of video cards on the secondary market at a cheap price. It is more profitable for you not to buy video cards now.
A mining farm for Ravencoin is no different from a mining farm for Ethereum, unless you are using 4GB graphics cards.
I would wait six months for a massive sale

Right now 4gb rx570 and 580 are dirty cheap in China, I'm seeing orders of 170$ on AliExpress right now which is pretty not bad since profitability is still fair enough, I could buy some just for ravencoin mining

Looper_U

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The best plan is to accumulate BTC if you are planning for a long term hold because no matter how deep BTC goes it's surely heading to 100k in more years to come, ravencoin is not that bad not anything can happen, BTC is more reliable or even ETH

FP91G

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Quote from: TheMimic1 on July 23, 2021, 02:00:16 AM

Anyone bagging raven coin? I build a mining rig specifically for raven coin and I plan to hold for next five or six years targeting the next BTC halving season, raven coin all time high is 0.22$ this year and it's down to 0.05$, I'm willing to take the risk so who is with me? Good plan or not?

When Ethereum mining is over, there will be a lot of video cards on the secondary market at a cheap price. It is more profitable for you not to buy video cards now.
A mining farm for Ravencoin is no different from a mining farm for Ethereum, unless you are using 4GB graphics cards.
I would wait six months for a massive sale

batsonxl

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Good plan is : 1st mining best profitable coin.
2nd : Follow BTC dominance graph on weekly chart is very important. If you seeing dominance going to uptrend then it is better convert your assets to BTC and hodl until it starts go to down trend it means it is time convert your BTC into altcoins.

What will you do if rvn goes to 0.01$ you will lose 5X. But BTC will not go so low like 5X max 2.5X. Later you can buy for same amount of RVN more RVN

swogerino

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Quote from: TheMimic1 on July 23, 2021, 02:00:16 AM

Anyone bagging raven coin? I build a mining rig specifically for raven coin and I plan to hold for next five or six years targeting the next BTC halving season, raven coin all time high is 0.22$ this year and it's down to 0.05$, I'm willing to take the risk so who is with me? Good plan or not?

The all time high was 0.287 if I remember correctly and not 0.22 and I second your plan.I have my personal PC with 2 x 1050 ti mining RVN at 12 Mhsh and I am happy with 20 RVN daily or 600 RVN a month.I also plan to keep them as I think it is a coin which has potential and it may well surpass the 1 USD per coin during the year end if we manage to get Bitcoin at 100.000 dollars so it sounds like a really good plan to me.

FloridaKid

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Ergo use case is better than raven coin and in future ergo will have more value than raven coin so here is what I did to satisfied my taste

1. I build 11x gtx1050ti for ravencoin only, planning to mine for years to come
2. I build 6x Vega 56 rig for Ergo coin mining only and plan to gather for years
3. My 1660s and 1660ti for ETH mining only, I plan to take profits faster and recover my money 💸💸💸

So mate do what you feel is right for you, ravencoin is a good project likewise others too 👍👍👍

TheMimic1

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Anyone bagging raven coin? I build a mining rig specifically for raven coin and I plan to hold for next five or six years targeting the next BTC halving season, raven coin all time high is 0.22$ this year and it's down to 0.05$, I'm willing to take the risk so who is with me? Good plan or not?

Topic: Bagging Ravencoin (Read 110 times)