Post
Topic
Board Economics
Re: Mining coins save or sell it?
by
bitcoinmagnet
on 26/11/2015, 12:31:05 UTC
Let's say I am spending 250 USD to mine a coin of worth 330 USD, selling it immediately doesn't give me a big profit. If I am selling the same coin for 500 USD then thats a good strategy.
(amount spent on mining per coin in FIAT) : (Value of the coin)
when you get a good ratio convert the coin to FIAT.
i hate fiat currency, i wish i could pay my credit card bills with btcBTC and street sellers offer goods for btcBTC Tongue