You can't liquidate assets without a penalty and vice versa. Which is why I talked about the easy money back in the Fall when BTC was climbing a lot. It only goes one direction. Money is very liquidable, GPUs are not.
I'm sure BTC will go back up, just a question of when and how. Mining profit is still decreasing regardless of BTC value, which is what I was outlining. Completely putting aside the negative trend of BTC recently, mining inflation is very much outstripping BTC growth.
As I mentioned new miners that were basically dry humping retailers for their GPUs this winter/spring are idiots. This is literally the worst time to enter into crypto mining. The negative trend of markets in addition to highly inflated prices and other factors which you guys will figure out make this a really horrid time to start.
Where I live liquidating GPU's is very easy, 24 hours max. Not as fast as pushing 'sell' button but still quite fast.
One thing is sure, BTC will find a bottom, everything else is just speculation. If that is Titanic type of bottom remains to be seen.
Agree about new miners, 90% of miners currently don't know what downtrend is. There will always be something to mine and you can always sell to gamers, we'll see.
To be even remotely on topic, I sold one Nvidia GPU yesterday, sadly it didn't run sp_ miner when it was cashed out
