Hello,

I'm a very modest miner with 4 graphic cards, 2 on ETH and 2 on BTC throught nicehash, nothing fancy I'm thinking about a selling strategy for my mining income and I welcome criticisms and comments.

I'm not the best at economics and it may be heavily flowed, that is why I need you. Note of interest: I believe in crypto so I'm long-term bullish.

My goal is obviously to make the most money possible out of what I mine but also play it safe to avoid loosing everything in case of BTC's price tanks too hard. I was thinking to follow these rules:

• Keep 50% of what I mine and HODL to it. Selling some of it by small increment from time to time if BTC keep rising. (Like sell a bit when BTC reach a new high at least > 3k the last high)
• For the other 50% that I mine:
  
  • My lowest selling price is 9000 euros. If/when BTC is under that price, HODL. Under that price i'd rather eat electricity cost and consider it a hobby/gamble (same reasoning for ETH)
  • If BTC is high enought, my idea is to put a stop sell order for 33% of what I have to sell at 10% below the current price. 33% of what I have to sell at 15% below the current price and the last 33% at 20% below the current price.
  • If BTC price increase, I'll slowly relist my BTC at the price that matches 10/15/20% below the new max price.

The other alternative I see would be to sell at or around market price every week what I mined. My strategy has the advantage of getting me more money if the coin price increase. In case of a decrease, I control my loss and do not lose more than 10-20% of the current price.

I welcome any tips / idea and criticisms about my risk-management plan to sell my mining income ! How would you guys approach the situation ?