Stupid or smartness - page 2. | Bitcointalksearch.org

swogerino

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Quote from: Bitcoin_Arena on June 16, 2022, 06:42:48 PM

Quote from: Coinfarm ventures on June 16, 2022, 01:10:50 PM

Quote from: Widdop37 on June 16, 2022, 11:20:35 AM

things will get unbearable

I like what you did there. We might really be in a teddy bear market, not a grizzly bear market yet.

Such replies are the reason I keep cursing Lord Theymos (yes, am actually cursing the "Lord") for not adding emoji reactions alongside the merit button Grin

Time will tell if it's a teddy or a grizzly Cheesy

Time is already telling is a grizzly one,just give him sometime until he crashes the market even further.All the data,all the crisis in the world should of have at least a minimum of impact even in cryptocurrencies.That impact is not yet shown on the price but in July when as they say the crisis will go deeper with inflation at 8% on paper already but 33% on reality we will see this grizzly bear unleash his fury.

Of course I hope I am wrong in my prediction but chances are we are far from reaching the bottom of Bitcoin and cryptocurrency prices in general.

Bitcoin_Arena

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Quote from: Coinfarm ventures on June 16, 2022, 01:10:50 PM

Quote from: Widdop37 on June 16, 2022, 11:20:35 AM

things will get unbearable

I like what you did there. We might really be in a teddy bear market, not a grizzly bear market yet.

Such replies are the reason I keep cursing Lord Theymos (yes, am actually cursing the "Lord") for not adding emoji reactions alongside the merit button Grin

Time will tell if it's a teddy or a grizzly Cheesy

Coinfarm ventures

full member

Activity: 182

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Quote from: Widdop37 on June 16, 2022, 11:20:35 AM

things will get unbearable

I like what you did there. We might really be in a teddy bear market, not a grizzly bear market yet.

Widdop37

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The gtx 1660s can go as low as 150$ if the bear market gets tougher and I believe this is just the beginning of a huge price decline, just because BTC gets to 20k after 67k doesn't mean it has a bottom and bears are going back into their cages, nope, things will get unbearable and many graphic cards will flood the market.

FP91G

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Quote from: swogerino on June 16, 2022, 05:05:13 AM

Quote from: S3300 on June 14, 2022, 01:54:26 AM

I just sold four pieces of my 1660s graphic cards that I bought in January of 2022 at 280$ and I originally bought this cards for 350$, is this a good selling point for these cards? Haha I did this because I want me some polka-dot and avalanche for a long term hold, this is just 2% of my entire mining farm.

Since it is just 2% of your entire mining farm it is not stupid but either smartness,it is just normal I would say.If you can manage to sell cards at almost the same price you have bought then I would go ahead and sell them,there is the AMD new series on the edge together with the Rtx 4000 series and when these hit the markets we would see a huge supply of older video cards for sale,I think it is then time to stock up on them a bigger number than you already have now.

I know,it is a risky move but can bring huge profit but also huge risk,up to you what to do.

Remember the story with AMD 5000 series graphics cards. The developers of the miners had to spend several months for the hashrate of these video cards to become high. This situation can be with new AMD video cards. So I wouldn't be in a hurry to buy. A huge sale will begin after the completion of Ethereum mining. It is even more profitable to sell video cards now in order to buy the same or better at a lower price in 4 months.

swogerino

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Quote from: S3300 on June 14, 2022, 01:54:26 AM

I just sold four pieces of my 1660s graphic cards that I bought in January of 2022 at 280$ and I originally bought this cards for 350$, is this a good selling point for these cards? Haha I did this because I want me some polka-dot and avalanche for a long term hold, this is just 2% of my entire mining farm.

Since it is just 2% of your entire mining farm it is not stupid but either smartness,it is just normal I would say.If you can manage to sell cards at almost the same price you have bought then I would go ahead and sell them,there is the AMD new series on the edge together with the Rtx 4000 series and when these hit the markets we would see a huge supply of older video cards for sale,I think it is then time to stock up on them a bigger number than you already have now.

I know,it is a risky move but can bring huge profit but also huge risk,up to you what to do.

adaseb

legendary

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I think now is a good time to offload any GPUs at a decent price because we will see a huge supply hit the markets. With the money you get don’t buy any altcoins right now. Wait for market to bottom.

Only coins i would buy is maybe BTC ETH and BNB. The rest can easily do another 90%. Just because it seems cheap doesn’t mean it’s a good deal. It can drop another 90% and will never recover.

FP91G

legendary

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If now your video card gives 30 cents of profit per day, then you have made a very good deal. I can suggest that you spend part of the profit, because you can invest poorly and lose money, as I did in 2018.

Z390

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Too early to buy coins right now :oo I hope you haven't already? Change your money into USDC or DAI and wait for more months, we haven't even start going sideways I won't do anything until we are deep into a bear market for few months, buying now is too early.

Bitcoin_Arena

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Not a bad move to sell some graphics cards in order to diversify, but I think you bought Polkadot and Avalanche too early. This bear market has not seen the worst moments, and I believe there is more to come.

We are not sure if Polkadot and Avalenche will be the next Luna or Solana yet Grin

I would wait until we are deep into the bear market and see how projects survive through it before thinking of buying the promising coins.

Coinfarm ventures

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Quote from: S3300 on June 14, 2022, 01:54:26 AM

I just sold four pieces of my 1660s graphic cards that I bought in January of 2022 at 280$ and I originally bought this cards for 350$, is this a good selling point for these cards? Haha I did this because I want me some polka-dot and avalanche for a long term hold, this is just 2% of my entire mining farm.

Absolutely. In fact, you should probably sell ALL of your video cards NOW, or at least as many as you have time for. Sell the AMD cards first, then the higher-end RTX cards. That's what I did. You will probably be able to build back later at half the price. Buy coins or hold fiat.

S3300

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I just sold four pieces of my 1660s graphic cards that I bought in January of 2022 at 280$ and I originally bought this cards for 350$, is this a good selling point for these cards? Haha I did this because I want me some polka-dot and avalanche for a long term hold, this is just 2% of my entire mining farm.

Topic: Stupid or smartness - page 2. (Read 440 times)