Post
Topic
Board Mining (Altcoins)
Re: What to do in a bear market
by
Metroid
on 05/06/2022, 15:28:46 UTC
Metroid has called a bear market since Jan 2021 or 12+6 = 18 months in a row.

I did not call a bear market since januay 2021, I called a huge crash because altcoin prices rose too fast, beyond anything possible, some coins rose 50 times in days and that is insane, and when I see that I will call that a huge crash is coming. There are phases in this market, I'm not even calling this a bear market yet, this is a pre bear market, yeah the next one is a bear market. Yes, I said not to buy gpus if more than msrp and I said not buy coins because scammers were pumping coins to more than 50x. I said to sell coins and get that 50x scammers pumped, I myself sold 80% of my eth I had at the end of january 2021 at 1500 usd. So you are right, if people bought gpus before january 2021 and still mining to this day june 2022 did profit big but only if they sold close to the top if not then they have not because gpus prices at that month rose too much too, remember you only profit if you sell, eth at 4.8k top was good eth at 1.7k is bad and will get worse.