Topic: Closed my small family farm, sold out rigs, and buy in! - page 4. (Read 19250 times)
I have heard that many professional mining companies have stopped running most of the machines. The revenue they generate is not enough to pay for electricity. This is really a bad bear market. Both investors and miners are huge loss.
legendary
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Buy ETH and XRP to have some pure profits with less risk. Also, don't forget to keep some BTC. I always put some BTC. Investing in only altcoin may give you much profit while investing in BTC is less riskier than altcoin.
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 ?
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 ?
If you want no risk or low risk, btc and eth should be fine.
But if you are looking for a big win, i must advise semux. It can grow a lot!
Buy xrp,eth and nano for three really good alts then if they drops like 10% better to buy again then for me if you can earn in a thing even a little don't sell that like spend some money also in that,Moreover there's a lot of trusted alts already here in crypto like neo,bch,ltc,dash and more i only suggest the three alts because for me they better than many alts here
I saw that a lot of people start to switch off or sold their mining rig because of current market situation their mining profit can't paid the electric costs, however at least you got some money back, try to research top 100 altcoins, most of them have potential to gain big profit in next market pump.
I would like to see double bottom prior going in on BTC and ETH...personally I am looking at PIVX, Monero, ETH, NEO and XRP.
A wonderful decision, today these coins are also a normal solution. But I still think that investing today is a good opportunity for future income. But this is usually only speculation. Maybe nothing good will happen.
i think you are opting good strategy, i suggest you to go for btc and eth . other than this you can look out for top 10 alts for making investment.
a pretty good strategy and entered the market again at this time was a good decision. This is indeed a good beginning of the year to return as the market predicted will experience good achievement compared to last year. large coin became the target for many investors as ethereum because they expect the increase of hardfork.
You can choose to invest in altcoins that are ranked less than 100. At present, their prices are very low. When the bull market comes, it will definitely bring you a fortune.
You make the right choice ,I think it's best to buy coins directly instead of investing in mining rigs ,they are not worth it anymore but if profitable again then you can just build another rig instead
This is the sad situation now. Private miners leave the market 
I wonder if the mining will now become fully corporate? If so, then the crypt will gradually come under the control of state bodies or large investors and no one will be able to earn more
I wonder if the mining will now become fully corporate? If so, then the crypt will gradually come under the control of state bodies or large investors and no one will be able to earn more 
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 ?
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'd agree with your decision at this point, you can always buy back your mining rigs if it becomes profitable to do so again. Consider the alts that you were trying to mine but were too costly, they're likely to see price increases as people take similar action to yourself.
I think an almost safe bet for 2019 is Waves. The price has also declined sharply due to the general market, but there is happening so much in the background. 2019 also includes an airdrop to Waves holder on a new project called Vostok (permissioned blockchain based on Waves technologies for enterprises). There are many competitors from Ethereum, But neither EOS nor Cardano are as good as Waves.
If you are solo mining did I guess there's some truth about the news that small to mid mining farms are closing because it's no longer profitable, although you will be bored easily because your rigs are all gone. Anyways, as far as financial advises, I'm not good at giving one so I will leave it out to the "experts". But in my honest opinion, Bitcoin and Ethereum are the only one that can give you a good return long term. Alts are good as long as you can ride the wave and exit on time. Best of luck.
Well i think it is a good decision considering the no profitability of the miners from many months, as far as best buy is concerned i think eth under 100 was the best option it still is good to buy as im bullish about eth in coming months. Some other good buys can be npxs below 200 eth satoshis and xyo network below 1000 eth satoshis both are good for nice return at these levels.
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 ?
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 am really sorry to hear that. Miners are greatly important for this market and future of all cryptocurrencies. Yes it is not profitable thing to do right now but I am sure it will change soon.
I also suggest Ethereum right now. It can rise before Consantinapole fork.
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 ?
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 ?
buy anything from top 10 coins and in the bull run you will easily 10x your investments but no one can predict the bull run when to start
Why not try to invest in btc or eth? We may say that 2018 is not good for those 2 crypto but they already showed us what they can do. To be honest i really do think that 2019 will bring more investors to cryptomarket especially with what will happen in btc, there are a lot of news and controversies against btc but as soon as all of it are cleared then btc will be back to it's normal price but then again this is just my opinion.
I will advice that you should not sold all and then buy into some kind of shitcoin,rather,invest in the best coin we have now like Btc,ETH,Xrp etc.You cannot afford to sell all and loose all.
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 ?
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 ?
The main suggestion is to get in step by step, not the whole amount at a time.
The second one is to get away from alts. My investment strategy is based mostly on BTC at the moment, because I don't think that the market has reached the real bottom yet.
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