I am expanding the mine and will continue to sell some coin as it comes in.
Reasonable, yes. But... why don't you hodl for about 1-2 months and then sell a bigger chunk? Wouldn't that be more profitable? Or you don't believe in 2013 scenario playing out?
Expanding the mine now allows for greater earnings now.
Mine expansion is a bitch. I usually DCA gear one or two times a month.
Even when the coin was at 29-35k ths summer I dca a lot of gear when coin is low price I buy the gear on credit.
Once coins reached 50k I started selling small pieces to pay off the credit. Credit is just about paid and mine is 2.5x the size it was on June 1.
Our mine started In Dec 2018 4x s9.s 48th
we now have 1800th
0 gpus now over 50 less than 150
0 L3's now over 10 less than 75
The expansion comes from sale of coins.
I still have the btc stack and do not touch it. I add to it .
But I have coins to sell on a regular basis. My price for any coin is only %50 due to the power deal I have.
So when I buy a ton of gear and I did from June to now selling some coin at the 50k to 65k levels is fine.
I can't endlessly hodl. I held all coins mined in June July August. I do convert most shitcoins to BTC
