Quote from: arielbit on Today at 07:14:21 PM

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Quote from: badbart on Today at 06:05:41 PM

Pretty amazing I can sell my 1070s for over $100 and I paid $340 for them over 3 years ago.

Yeah but you need to understand gpus prices are not like used to be, gtx 1070 used to be sold for $349, now $499. Yeah, if you buy a 3070 today for $499 and then gpus prices increase once again to a 4070 $699 then yes you will have a resale value better than when you bought and that will hold but pay attention that $349 you paid in 2016 is today $499, inflation and other things. A good example is when you could buy a 3 bedroom house for 500 dollars some decades ago and today that money is worth a 3070 ehhe

Yep, that's the speed of money. A dollar today is worth 2 in the future. A bird in the hand is worth 2 in the bush, or something like that haha. Mining is a good hedge against all the crypto's value going to poop.

Getting $100 for a video after 4 years might sound great now until you consider in 4 years it's 1/2 of what it is right now. As always it's good to diversify - own different types of wealth (property, equities, rentals) and even in mining own nVidia and AMD cards in a mix.

Diversify? Looks more like a portfolio to me, you add healthy foods in the mix because wherever you are going with all the poverty prevention, if that one and only body fails-game over.

Well to be able to play 'both" sides of the table you need to have troops or support on both sides. Being able to respond quickly to changes often leads to better outcomes. More options equals more chances to get to a point of success.