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Topic: Noobs, this is your best exit strategy. Read up - page 2. (Read 2301 times)

sr. member
Activity: 448
Merit: 250
“A decentralized registry for unique assets”
Here is best advice!!!! Get a second job and buy bitcoin!  Live a minimal lifestyle and invest the rest of your fiat in Alts
sr. member
Activity: 462
Merit: 250
This is the stupidest thing you could do at the moment!
I bought...before the last crash... AND I KNOW.
Until this moment I NEVER got back my investment.

This kind of "advice" makes me LOL  Tongue

What crash?  Grin

LOL if you sold your BTC for fiat, you dont have investment to begin with LOL.

I'm sure any miners have made back their investment in fiat.... which is what noobs want isnt it? Fiat?
sr. member
Activity: 462
Merit: 250
Use your btc and order mining hardware.... sit back and enjoy. Thats the best exit strategy. Price of btc drop? you wont have to worry about difficulty.... Price of btc rise? hell yeah you just make back your investment with your miner.



Better to keep your BTC and buy your hardware with fiat.

LOL we're talking about "exit"..... they want to sell btc for fiat. Then buy hardware with fiat?

full member
Activity: 160
Merit: 101
Noobs stand a chance at speculating on USD/BTC exchange rate. They don't stand a chance at speculating on the difficulty. The house (chip manufacturers) always wins.
newbie
Activity: 38
Merit: 0
This is the stupidest thing you could do at the moment!
I bought...before the last crash... AND I KNOW.
Until this moment I NEVER got back my investment.

This kind of "advice" makes me LOL  Tongue
sr. member
Activity: 462
Merit: 250
This is so wrong, if you want to exit go fiat or alt, dont spend money on ASIC as you will never roi at current hype

Well i disagree.

If you decide to exit, then you believe the price wont rise in foreseeable time.

At this price mining hardware is cheap (5btc for a Jupiter) and you will make back your investment.

If price actually rise, you wont be left out because your mining some coins.



legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Am I tripping or is this horrible advice?

Looks like it's time for you to come over to bear camp pretty soon.
sr. member
Activity: 462
Merit: 250
Use your btc and order mining hardware.... sit back and enjoy. Thats the best exit strategy. Price of btc drop? you wont have to worry about difficulty.... Price of btc rise? hell yeah you just make back your investment with your miner.



What mining hardware are you using?

Its up to you to do your homework.

I would go with proven companies. KNCminer or Bitfury.

full member
Activity: 196
Merit: 100
This is so wrong, if you want to exit go fiat or alt, dont spend money on ASIC as you will never roi at current hype
hero member
Activity: 826
Merit: 508
Am I tripping or is this horrible advice?
newbie
Activity: 42
Merit: 0
FYI block erupters have no ROI even at current prices.

USB erupters no, but blades can roi within 6-12 months

Michael
newbie
Activity: 28
Merit: 0
This shouldn't be at the speculation section , plus thats a bad advice for noobs ...
sr. member
Activity: 350
Merit: 253
Use your btc and order mining hardware.... sit back and enjoy. Thats the best exit strategy. Price of btc drop? you wont have to worry about difficulty.... Price of btc rise? hell yeah you just make back your investment with your miner.



What mining hardware are you using?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
FYI block erupters have no ROI even at current prices.
sr. member
Activity: 448
Merit: 250
Use your btc and order mining hardware.... sit back and enjoy. Thats the best exit strategy. Price of btc drop? you wont have to worry about difficulty.... Price of btc rise? hell yeah you just make back your investment with your miner.



Lol, difficulty goes up either way.
sr. member
Activity: 462
Merit: 250
Use your btc and order mining hardware.... sit back and enjoy. Thats the best exit strategy. Price of btc drop? you wont have to worry about difficulty.... Price of btc rise? hell yeah you just make back your investment with your miner.

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