Post
Topic
Board Mining (Altcoins)
Re: Fourth alt coin thread last three got oversized.
by
JaredKaragen
on 12/07/2017, 22:39:06 UTC

what coins are the most profitable at this time?

Thats the wrong question.
You should ask yourself "What coin that is at low diff ATM will be more profitable for me to sell when the slump ends?"
Now is the perfect opportunity to buy or mine and build yourself a nice portfolio by September when the investors will start pouring money into crypto again.
So, Jared and Philip, how come your are still selling instead of holding?

Selling?   Im selling hardware and BTCright now because I have medical and other expenses that are drowning me..... that's the prime reason.

I have been heavily investing in alts;  but not in the usual way this last month.

My trading account has fluctuated in the last 2 weeks by as much as 33% mainly on the larger more traded coins;  but;  it always bounces right back up to where it was when all this mess started.... which is just around the highest its ever been.    My experiments most recently with buying "offline" coins on yobit for the shakeup has definitely be successful.  They seem to be BTC resistant and more resistant to market flux.  In all reality, its more profitable because people are apt to dump theirs at bottom satoshi when they feel the need to move funds around.   NKA on yobit being a prime example.   0.00000003-0.00000006 trading for weeks in that coin.  Superb profit.  Granted; a lot of them are still @1, but that's not a loss;  and almost all that I buy so cheap, have an active buying market, so I technically only risk a touch above 0.004% loss (on yobit via tx/order fee) if I have to sell back at bottom satoshi Wink

For all the BTC I am still holding when the fork comes about;  all of it will be on my ledger, aside from what I keep on the exchange tied up in buy/sell orders.  I want ot be prepared for the market to swing in either direction.      The market is the risk originally;  so I understand my reasoning and actions.

My hardware;   I am just cleaning out the Maxwell gear and making room for Pascal cards.  I typically host cards for people I personally know at a % split.  Eventually, Ill end up buying the card(s) from them and they have been more than happy with the profits in the end... and Ill run them until I need room, and then craigslist them.

I consider myself to not be poor, contrary to what people around me think.   I don't have a bankroll, and I honestly barely get on day by day sometimes.    Tis the life I was given, and I make the best of it.   No matter how the market goes;  Ill still be in it.  No matter how the mining scene goes, Ill still be in it.

I just stay focused on both sides of the line... past present and future tenses.