Quote from: Metroid on January 26, 2022, 06:53:36 PM

Quote from: Looper_U on January 26, 2022, 06:33:00 PM

Alright fellas 😜 here is my own point, in 2018 I mined so many turtle coin yes this is one of the shitcoins back then will many zeros in the value but last year this coin killed many zeros and I have millions I mined at loss years ago, sold in 2021 for 8000$, this was a coin I just mined at loss hehe

Okay probably you will not like to hear this but if you had taken the money that you paid to mine that shitcoin and bought it directly, and then sold at the same price then you would have more money than you have by having sold it because from november 2018 to july 2020, people paid to mine, meaning the coins they mined could not pay for the electricity itself, meaning, at loss, meaning, why bother, why waste your time and efforts for nothing? You could have bought and called a day and waited till bullmarket and then sold, mining only works on bullmarket and you have to get the perfect timing for that but pay attention, if you buy that coins before the bullmarket starts you will get many many times more money than mining the coin, meaning, mining anyway you see is much much worse than buying the coin directly, not saying mining is useless, mining is better than doing nothing, yes it gives you good returns but you are locked, buying the coin directly is millions of times better. The issue here is that bulltraps happen all the time, so waiting some good price can be tough for many people, you did and you were successful, many would have sold before you have and would not gain as much, so the timing to sell is also very important.

I have the graphic cards I don't have the cash at the time, also difficulty was so damn low at the time too, i also wasn't ready to sell the GPUs for coins and I'm glad I don't, I keep the damn rx580 which cost me roughly 120$ each then see what happened in 2020 and through out 2021? Mining became profitable again and I kept getting my ROI back and back again, try to understand me I got them for 120 each and mined shitcojns and still keep mining till another bull season came in 2020/2021