Topic: Stupid plan or not bad at all? - page 2. (Read 400 times)
Hopefully, this situation will continue until next year or at least in January. Selling a few GPU could be a good idea for you as you can have money to buy altcoin and wait for a while until the coin increase so high. You can hope that the GPU price after the bull run end can decrease but I am not sure about that because we know that the newest GPU can release almost every month. Investing in the mining hardware needs to be calculated as we do not know how will the price be later. What I can suggest to you is to make much money from the bull run, so you can use that money to buy GPU and you do not need to worry about the price.
The market is in a very good shape this November and it looks like the predictions about altcoins season is becoming a reality now I think it's better to start buying altcoins for some gains and sell after bull run probably January? Not sure if history will repeat same thing like 2017 so I sold few GPUs from my garage for this, once bull is over I will use that money to buy GPUs back hopefully they will be lesser at the time, stupid plan or not bad?
I decided not to sell GPUs because speculating in the cryptocurrency market is a risky business.Until Ethereum changes the algorithm, the prices for video cards will be high, and the first sales will begin after the news and the end date of mining.
At what price are you willing to sell Ethereum this bullish season?
I've bought few altcoins very early and I'm already in huge profits but I'm sure that BTC dominance will decrease alot before alts start new rally, this is what I'm waiting for now, probably December I'm out of the game, I will sell all for USDT, I don't plan to hold mate
The problem is if you will have the time to resell them, once hehell crashes comes you dont have time to do anything and it crashes so fast, altcoins crash 80% in few minutes. I'm not buying altcoins, I bought when it was very low and holding but buying? no way, not buying anything right now. I will start selling very soon in segments and some will create a stop loss, stop losses are known to fail in hehell crashes, need to be very careful on that too, in 2018 I made a mistake to hold some altcoins, this time I will not make the same mistake, will sell everything.
The market is in a very good shape this November and it looks like the predictions about altcoins season is becoming a reality now I think it's better to start buying altcoins for some gains and sell after bull run probably January? Not sure if history will repeat same thing like 2017 so I sold few GPUs from my garage for this, once bull is over I will use that money to buy GPUs back hopefully they will be lesser at the time, stupid plan or not bad?
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