Post
Topic
Board Mining (Altcoins)
Re: Do you switch your mined coins to USDT immediately or do you HODL?
by
lunobird
on 12/07/2018, 06:20:17 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.

You have it backward.  Sell in a bull market, hold in a bear market.  If you held your coins in the 1st half of 2018 you didn't get wrecked.  The idiots that sold everything when the price plummeted got wrecked.

Ya let me rephrase that. I meant to say sell at the later end stage of the bull run and hold if your already too deep many months into the bear trend. Play the larger market cycles

I personally don't sell any coins i mine until I get a 10x return. Anything less then that doesn't interest me