Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
philipma1957
on 24/11/2018, 22:51:59 UTC
purchased a little btc today not much

Yes it's a great price to buy some BTC, even if it turns out not to be the bottom. It has reached the point where I've shut down most of my rigs and will just buy certain coins with fiat because the prices right now are at a bargain compared to beginning of 2017.

I know some prefer mining because they got low electricity rates and it seems like a safer alternative than buying the coins outright but you need to understand that what-if next month the coins all start to rally. Then the difficulty will go back up again because everybody will turn on their rigs and you will miss out on acquiring a fair amount of coins.

I've actually never thought we would see the day of ETH at pretty much $100 a coin again. Took me basically forever to mine an ETH with my current rigs, rather just sell 1 GPU and buy 1 ETH.

I grabbed .15 btc  and have more cash set aside if we go under 4000