I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. Im underwater by 74%, but that is not the point.
Sure, Ive lost real money in RVN already, and I may lose it all, but I dont care. Im willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.
If everyone trades, or mines and dumps, we all lose.
I guess Im just a real HODLER.
HAH what a fucking idiot, don't delude yourself, this shitcoin is not comparable to bitcoin at all. This is just a shitcoin created to make some fast money. So your just gonna sit there and hold a worthless piece of shit while smart people dump on your ass.
Thats fine. Its what people said about BTC, and ETH, and DOGE. POW coins with real community make money. Please dont misunderstand me. Im not saying RVN is in any way going to usurp BTCs crown. RVN doesnt have to to be valuable now to be worth building. For example I see no value in LTC, but is has a strong community, is a POW coin and has a top 5 market cap. If RVN does 10% as well then I hope all the smart people dump on my ass.