Post
Topic
Board Mining (Altcoins)
Re: GPU mining is dead. Yeah, sure thing!
by
philipma1957
on 11/05/2021, 00:15:09 UTC
I'm planning to sell close to 4.6 ~ 5k which is what i said would be the top, ...

Are you planning to ladder out (i.e. cost average out) or sell all in one go?

I'm also interested to hear from others who have been mining/saving their ETH since 2018. How are you guys planning to sell? Laddered? One shot?

I sold 80% when eth hit 1.5k, kept 20% to sell close to 5k, I mean even though I was 80% sure eth would not get higher than 2k, those 20% i kept, are coins that I'm willing to lose, meaning only a stupid price would make me to sell it, I mean higher or closer to or than 5k, 1k to 5k is a very good return for early investors, so, I advise to sell 80% around this price, other 20% if eth gets higher than 5k, as soon this market crashes, everything will crash 90% ~ 95% from top, people who sold close to top will then rebuy it very cheap, eth will crash to 100 ~ 300 usd again, flash crash, then stabilize around 500 usd for the next 2 years or so then up again to 2k close to eth 2.0 then crash again to 1k then after 2 years then go back top 5k and then 10k. This 5k usd eth is eth 2.0 price, so eth 1.0 is at moment very overpriced. People will take profit and keep life going, so eth will crash a lot as soon life gets back to normal, the vaccine will make billionares sell their eth to use for everyday life things, 40x return is already too good to miss.

Yeah had 1,000,000 doge  at only 2500 usd it grew to 64000

so I sold it. 

I could have held it and got 710,000 to 740,000 with a perfect sale.

I did buy a lot of gpus with the profits and have made good money mining the eth.


You did well and still can get a good sale at 4600  or maybe 5-6k