Topic: What's THE coin to mine and HODL? (Read 2485 times)

Here is my list:  
Ubiq
SIA
XMR
TrainCoin
ChainCoin
DBIX
StorJ
Decred

i think thta now all the altcoin will be dumped because of that crap called bitcoin cash, but once this will be done, it's better to be ready with some of the best promising altcoin, i think spreadcoin, nexus, verge, are good one to mine, and also the new signatum is good to mien now and wait for bittrex, or when pow end, to have a big return

I would like to say Viacoin. Needs more open communication, but development is promising.

It depends of which strategy you want to use. You can sell anything as I told you before and buy a crypto-currency of your choice, or maybe several, in which you believe.

You can also sell a part to pay electricity, and let's say sell 30%, 40% or 50% and buy another crypto-currencies in which you believe.

Or maybe you have other ideas ?

I'm also worried about the future of ZEC and it's forks though atm is profitable to mine. From what i read the ZK proofs are very computational intensive when you try to spend coins so i guess if they don't come up with code improvements this will be a niche coin , possibly used in dirty transactions.

Yeah, Zcash is by far the best coin to mine with 1080 ti's, yet the future of it worries me..
As I'm in for long term (HODLing) and am betting on it to grow progressively.

Part of the fun is gambling on a new altcoin as well, I see a lot of people buying waves,
mining OBIQ, decred, siacoin, etc. Getting these for less than a dollar or a cent, hodling
and having great profits in the future.

With 1080 Tis better mine ZCash since they are very good there and sell them to buy another crypto-currency if you do not believe in ZCash. Ethereum is for me a great option on short-term.

RAds

There is new algo skunk.Pow is open yet.

My route is the most profitable with decent liquidity in the markets.  Im with you if i can mine a coin i dont think has a future i will just flip it on an exchange.  You have to mine for immediate profit if you are going to get ahead in this game

I would not gamble to HODL any altcoin no matter how good it is. I think you need to convert your Zec in Bitcoin and HODL the king of all coins. Surely Bitcoin future looks brighter than any altcoin. This is my personal opinion and what I do (convert Ethereum to Bitcoin directly through Nicehash software). If I were to HODL an altcoin I would decide Dash or Monero because of their anonymity features.

Now is the perfect time for a miner to mine himself a nice shitcoin portfolio.
Mine half a dozen decent low difficulty coins and put them on exchange with sell order set at ATH.
And pray that altcoin craze will continue in September
Of course, you could go for "mine the most profitable coin and exchange it into other coin" route, but the problem is that that most profitable coin you are mining is also the most difficult to mine.
Now, if anybody has any other idea what the most optimal route is, I am all ears.

You missed his point, its ok, it is hard... he was giving hypothetical amounts for future i.e. speculation.

WOW  , another time traveler from the future 

You're assuming that both Ether and Zcash will continue to rise for a year. It's not that certain, as ETH is in a bubble that can really hurt people. I don't believe it will keep going up, since it's peaking now. There has to be a downtrend at some point, like there was in Bitcoin in 2014.
If you're asking about mining, I think GPU is too difficult to handle in a typical home environment. Too much power drawn, noise and heat. I'm interested more in CPU and HDD coins.

One thing some people often fail to do is separate mining and investing/trading.  They are two completely different activities.  There are various exchanges and services for converting one coin into another.  Maybe people are too confused or lazy to figure out how to convert crypto or think it's too much trouble.  It isn't and the transaction fees are really not that significant compared to what you would lose by mining a currency with a good future, but bad mining profitability.

Choose which coin to mine based on the max value you can convert to fiat currency.  That should be your only consideration.

Then you can convert your mined coins or cash into whichever coins you want to INVEST in based on what you think the future of those coins.

Simple example:

Assumptions:
One day of mining (today)
Ether price today = $200
Zcash price today = $200
Ether price next year = $400
Zcash price next year = $250
Mining Ether rate today = $17/day
Mining Zcash rate today = $20/day

If you "mine and HODL" ETH for 24 hours, you'd get $17 in ETH and it would be worth $34 next year.
If you "mine and HODL" ZCASH for 24 hours, you'd get $20 in ZCASH and it would be worth $25 next year.

HOWEVER, if you MINE ZCASH for 24 hours and convert it to ETH, then you'd end up with $40 next year.

THAT'S what you need to do: MINE what's most profitable NOW and INVEST your mined coins in whichever coin you think will increase the most in the future.

Current mining rates on these two coins may be pretty similar, but they could potentially be VERY different.  In fact, the best coin to invest in may not even be minable at all.

Good luck figuring out which coin will increase the most in the future.  As anyone can tell you, it's just another form of gambling...not much different from the equity, commodity, and fiat currency markets.

No one can tell since No one could able to predict the future of coins.For now, instead of thinking off
long term hodl of coins better to secure out first the ROI of your GPU. I know that 1080ti isnt cheap at all. Best move to do is mine the coins which you are able to make money. Once ROI is reached then its the time you think off on mining potential coins. The hard part on this one is we dont know which one thats why its important to mine up before your GPU would bust out.

Just mine what is most profitable for your rig and exchange for whatever.


I have a 7x 1070 rig and am mining ETH/ETC + Sia dual mine.

Top of my list is decred for long term hold.  Also picking up a stash of zencash, zcoin and siacoin currently.  All projects with a good team of devs and organized well.

I try to pick up 1000 or so coins in each for ones that already have value over $1 and then move on to the next one.  Best to spread out to as many good projects as you can find.  Earlier the better as well since you can amass significantly more coins then.

its a little bit of gambling ... no one know any coins future for sure ...
keep some and sell some to cover your electricity bill