Quote from: makolz26 on December 13, 2019, 04:30:13 PM

Quote from: robelneo on December 13, 2019, 04:10:10 PM

Quote from: VDraci on December 03, 2019, 09:56:55 AM

Tell me if my plan is bad, the first time i entered crypto space i started with mining rig setups but after some time its no more profitable so i stopped mining, now i start joining airdrops and bounties but present market condition is not helping, now i decide to sell my rig and find other business to divert the money to, if bull run ever comes i will still have coins to sell since most of my bounties i hold the ones with use cases, is selling my mining rig a good call?

You made the right decision and the timing is just right, I don't know the electricity cost in your area, but buying goods coins with good potential is far more better than running a mining rig now, and you also did the right thing joining bounty hunting, but there are a lot of bad bounties right now, only join when you do a research on the project that you are going to promote.

Yeah, he made a good decision, as he can still earn in different ways, especially if the mining is not profitable anymore and it is causing you stress and trouble, so don't waste your time and sell it as soon as you can, and those money that you have earned from selling, then use it to start again, either trading or investing.

Perhaps in this area I do not have much knowledge, but I always pay attention to the conclusions of experts regarding the price level of a particular cryptocurrency, the profit for mining remains. For example, Bitcoin mining retains its profit even at a price of $ 4,000. Therefore, if we take into account current prices for Bitcoin, then mining is profitable even taking into account all the waste of electricity. And if you take the current state of lightcoin, then almost all Chinese miners are already refusing this coin, since mining is not profitable.