Post
Topic
Board Mining (Altcoins)
Re: I bought 30 grand usd worth of P106 and hosted them in China!
by
BrucePpp
on 05/08/2020, 19:05:25 UTC
Wow! This takes me back.
Anyway, do you have any strategy on selling coins that you are mining or you're keen on selling on daily basis?
Because if there is a high probability that ETH rises in price in the future, then you're better off keeping the coins and selling at a later date which will help you break even faster.

Actually I don't have a strategy...

I was planning to sell 3/4 of the coins and save the rest for later, but I think I have learned enough from the market that I have to learn to be satisfied... I don't want to be greedy... And 400 is a pretty good price, so I basically just sell all of them when I get them. If I am that positive about the market, why don't I just buy them, right? If the price drops back to 300, I may use the 3/4 strategy lol

I would like to consider this as a small regular business, I put in elec as my groceries and I get the profit everyday, much more reliable and safer. Smiley