Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio
by
s1gs3gv
on 27/08/2014, 15:17:04 UTC
My 1 year track record is that I have cashed out around 60% of my initial investment, I have reinvested into new equipment ~150% of my initial investment and I own bitcoins worth of 90% of my initial investment. With big exchange rate swings ofc.

huh ?

So by way of example if your initial investment was $1000, you cashed out $600, you reinvested $1500 (600 + 900 more) and you own bitcoins (which I presume you mined with these investments) worth $900. So at this point, you have $1900 invested and coins worth $900.

So you are still $1000 in the hole on this 'investment'. I guess your plan is to rinse and repeat this remarkable strategy.

If this is incorrectly, please update it appropriately.