Topic: Closed my small family farm, sold out rigs, and buy in! (Read 19250 times)
If you are a newbie in crypto, it would be better to buy top altcoins and bitcoin. You can open coinmarketcap and find the most famouse coins. After you can buy which ones you would like.
Yes, the mining situation came to end 5-6 months ago. I used to have small mining history too, with two PC and 14 screen cards i was mining ethereum but now oth two machine closed and waits me in storehouse and i am thinking about the selling them. But even i sell my system i would never invest to altcoin today.
but nevertheless, you still invested your money in the extraction of ethereum, Avito computer equipment maintenance, including electricity. Even the mined ethereum was not given to you in vain. 
Yes, the mining situation came to end 5-6 months ago. I used to have small mining history too, with two PC and 14 screen cards i was mining ethereum but now oth two machine closed and waits me in storehouse and i am thinking about the selling them. But even i sell my system i would never invest to altcoin today.
OP, you should have considered running the two at the same time. Your farmland is capital asset, which hardly or does not diminish, while cryptocurrency is a digital asset that is volatile.
Yes, you can make it big in cryptocurrency and still buy back your farm, if you truly understand crypto.
The reason you should not leave your farm, is because you may not be able to predict what the outcome or status of market would be.
Yes, you can make it big in cryptocurrency and still buy back your farm, if you truly understand crypto.
The reason you should not leave your farm, is because you may not be able to predict what the outcome or status of market would be.
right decision. Surely you do that based on the market down? yes I'm sure that's your reason. it doesn't matter if your decision is like that, because a bad market makes mining revenues uncertain, a good step is to buy altcoins while there are still opportunities. I suggest buying altcoin ethereum and xrp because both of these coins have great potential in my opinion and you better research them first.
I think ethereum could be a good option. It wouldn't be too far from the old days you know. If someone has mined altcoins before they are somewhat familiar with making a return on their investment, if you invest into ethereum right now that means you will be making money thanks to staking when it starts. You are not going to make a lot of money but your ethereum will be basically mining ethereum for you.
That way you will be investing into something that is projected to x10 when bull comes, investing into something that's staking itself and making more money and investing into something that is not too far from what you used to do and gives you a reason to check the wallet every 15 minutes when you are bored. If you have too much money than DASH masternode could be the same logic as well.
That way you will be investing into something that is projected to x10 when bull comes, investing into something that's staking itself and making more money and investing into something that is not too far from what you used to do and gives you a reason to check the wallet every 15 minutes when you are bored. If you have too much money than DASH masternode could be the same logic as well.
It is something I expected to happen, because crypto prices aren't reasonable for home miners.
All of my friends related to mining abandoned this activity and it seems for me that it is not profitable . To my regret it is so
All of my friends related to mining abandoned this activity and it seems for me that it is not profitable . To my regret it is so
Recently it has become unprofitable, I heard about this problem. Although I have never done mining, I think that today as a whole it is already losing interest. Therefore, probably the period when mining was popular has passed.
probably now it is best to buy exactly those altcoins that are already on the market for a long time
I think the best advice to buy altcoin is still Ethereum. Now, after the transfer of the Constantinople update, the price of the coin is very favorable. In addition, the coin is committed to the transition to the POS algorithm and it will allow you to have a passive income. Therefore, the more ETH will be in your wallet, the better.
I agree with the author and I also refused to mining in my time. For me, it also became unprofitable, primarily due to the high cost of electricity. Maybe in different countries in different ways and somewhere is low prices for electricity. Then, there, of course, is profitable to mining. Well, I suggest to invest in the ETH because in any case, most projects sell their coins for the ETH.
Now there are a lot of decent altcoins on radars. I would prefer to get HYDRO, OCN, QKC, SKYFT and many more cool altos. Try again to consider ETH, it seems to me that this year will be successful for this coin.
Good choice.
In my opinion, you can use your money to buy top 10 coins at coinmarketcap.com.
And if I have money like you, then I will use a portion of that money to buy Bitcoin. Then I will use some of my money to buy ETH, XLM, XRP and EOS.
In my opinion, you can use your money to buy top 10 coins at coinmarketcap.com.
And if I have money like you, then I will use a portion of that money to buy Bitcoin. Then I will use some of my money to buy ETH, XLM, XRP and EOS.
In 2019, the largest increase in liquidity can be observed in the cryptocurrency that is applicable in the real economy and will help to enter the market for large institutional capital. Analyze, find coins with great potential and invest in them.
I advise you to pay attention to neo, in my opinion this is the best altoin with great potential. Now its price is very low and this is a great opportunity to buy neo.
It's not cost effective to mine these days
Can't get cheap electric so I decided to close my small farm.
I have sold 5 6*cards rigs and got some money back!
It's time to buy in...
any suggestions on which alt coins to buy ?
There are actually a lot of options.I would advise you to spend time and study in more detail the road maps of different projects.How they develop and what they are doing at the moment.Knowing this information will make it easier for you to make investment decisions. Can't get cheap electric so I decided to close my small farm.
I have sold 5 6*cards rigs and got some money back!
It's time to buy in...
any suggestions on which alt coins to buy ?
I think that's a wrong move,profitable from mining is affected by market price and same for investors too ,if market price start surging you will be able to make profits from your rigs again
Guess we are on same page my friend ,I had no choice but to let go of some of my mining rigs ,they are not profitable anymore so I used the cash to buy some coins I never had
Investing now still has risks because market prices are also not stable. But if you want to invest which I think is safe is the top 5 coins. Like Bitcoin, XRP, Ethereum, and EOS are very worthy to buy. But you also have to look at the market price situation when buying coins.
I would also suggest that you purchase Bitcoin and Ethereum, and perhaps some other coins like ripple.
And never forget to spare some of the fund for something unexpexted.
And never forget to spare some of the fund for something unexpexted.
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