Post
Topic
Board Mining (Altcoins)
Re: Money to invest in mining
by
Rody81
on 08/02/2018, 15:47:19 UTC
If you wait 6 months your 1 Bitcoin will probably be worth $20,000 again or even more.

That is a mistake idiots always do, they mostly sell when a coin loses 40 or more %, never when is high.

If it was me, I would never sell for less than $18k.

I don't think anyone whould be telling him where he should start thinking about selling, when we don't know where he bought in.  But yeah ... I wouldn't sell at 15K, if I bought in at 10K.  And you certainly shouldn't consider selling now, if you bought in at 18K. 

But if he acquired that 1 btc for 1K, I'm not going to tell someone that they shouldn't take a profit in fiat.  Maybe not 100%, but do what you feel comfortable with.
I sold my btc when it was at 16k ( I bought it like one year ago ) so I have some money and I would like to invest in eth mining so guys if you have any recommendations please tell me or any other better crypto to mine

Right now is not a good time to get into cpu mining, especially ETH.  Why not just buy ETH coins and wait for it to go up again or even rebuy Bitcoin now that it is down in price.  Video cards and ram are way overpriced right now.  Even motherboards are overpriced. 

Another option would be to wait for Bitmain to release a new Asic miner, and make sure you order the very first batch and as many units as you can.  I think that they are going to release a Decred miner soon.