Everything I have in crypto has for many years now been pure profit.

I long long ago got back all the elctricity I initially put into mining first with some CPUs but then some GPUs and then even some ASICs.

But where I am electricity is not competetive.

I ordered about $12k of Neptune ASICs back in their day, then when they encountered a production glitch that meant they would be shipping two weeks later than they had anticipated they sent twice as many ASIC machines to all who had ordered (and paid) in advance because in those two weeks half the profits those machine would ever make would be gone because difficulty was rising so fast and would rise even faster once those new ASICs were delivered.

I meanwhile ran into problems getting electricity turned on at the house I planned to host them, so it was actually a whole year before I finally got the stolen/vandalised power meter re-installed and the whole house up to code to get electricity turned on, so by then it was way too late to be in early enough for the prices of electricity around here to be at call competitive, and likely akso ever more-efficient ASICs were coming out by then.

But what I had learned in the meantime was that my strategy of building stronger and stronger buy-sides "all the way down" to catch even most extreme dumps, while building my sell-side up to "astronomical" heights to catch even those times that had in the past led to me waking up to find my sell side that was only three times as high as I had ever imagined the price would go had been skyrocketed past to three times that, is an wonderfully robust strategy that leads not only to being able from time to time to "thin out" the bottom of my buy-side due to higher parts of my buy-side having become strong enough to make it extremely unlikely any "dumP' would drive price down far enoguh to come close to the thinned-out lowest part of my buy-side but also to an ever-growing hoard of the sell-side asset even way over and above my astronomically high column of sell offers, so that in fact there comes a point where one's column of sell offers goes so so so very very very high that one might as well just take some of the "surplus sell-side asset" and bury it in concrete under one's swimming-pool because not only oneself but even one's great-great-grandheirs will probably never need to dig up those "surplus sell-side" coins because by the time price ever approaches the astronomically high top end of one's column of sell offers one would have accumulated huge number more "surplus" sell-side asset, so much most likely that one's heirs grand-heirs and great-grand-heirs will more likely find themselves stil burying "surplus" under the estate's swimming-pool than even considering digging any up from under there.

The buy sides and sell sides just keep growing and growing and growing, the "burying" of "surplus" sell-side increases rarity of the sell-side asset on the markets and the amount "in the wild" to potentially be "dumped" onto your buy-side consuming it, so frankly the only "exit" to be considered is at what astronomical height to not bother building one's sell-side higher for now and at what strength and density of one's buy-side to consider thinning it out a little bit without thereby risking some extreme "dump" managing to break through a "crust" as it were to enter free-er fall in an emptier region lower down.

Everything "out there" on the next / in crypto is long ago all pure profit anyway, but those huge columns of pure profit, arranged as buy sides and sell sides on markets, are income-generators that one got basically "for free" as pure profit from work done long long long ago so why ever consider dismantling them, especially doing so to convert to fiat which is know to be a sure loss in the long term?


-MarkM-