Post
Topic
Board Mining (Altcoins)
Re: Do you switch your mined coins to USDT immediately or do you HODL?
by
Xazax310
on 11/07/2018, 20:35:46 UTC
It's very simple. In a bull market hold your coins. In a bear market sell them for usdt.

Those that hodl their coins in 1st half of 2018 got rekt. Those that didn't hodl their coins in 2017 got rekt.

As for me I don't care as much. My rigs are paid off by holding most of my coins i bought in early 2017 and I use my normal day job to pay electric every month. I'm probably in the negative due to this but I'll wait till next bull run in 2 to 3 years before I sell.

Very true my friend, I think too many got into "This will go higher" Mentality, not thinking of the crash. IMHO it's best to sell some of your coins for profit when the markets are at ATL. Don't ever panic sell when they are at their ATL. In a market like now, its best to trade coins When they are high against BTC, then when BTC domainance grows, trade back. you'll end up holding more coins than if you just HODLed them.