Be prepared to mine and not sell until the time is right. That may be a year from now, or it could be five years from now. Be prepared to mine until those gpu's and dead, pay for the electricity out of your own pocket ... And still hold your coins until the time is right.
Totally agree. Only started mining ETH end of last year. Then the difficulty spiked up drastically. Now have to fork out money every month for the electricity. Will continue until all the GPUs die.
Why would you keep mining at a loss when you could just sell your GPUs and buy in at market price? When you're mining at a loss, you're essentially buying coins above market level and it makes better sense to just pull the plug and buy in whatever coin you're mining (ETH in this case) and just hold until you want to sell, and you won't be left with dead, useless cards on your hands.
Unfortunately, in my country I couldn't sell GPUs [may be 1 or 2]. I still dont hit the bottom with my GPUs, just about to if the situation becomes further chaotic. It is still profitable but not much. If I need to trade like you suggested then I should have myself some $3000 daily.