Re: I have just pulled out my 1.5 btc from bitstamp and invested in the zenminers
With the exchange price plummeting recently, I don't expect the exchange rate to go up anytime soon. So I have decided to pull out my 1.5 btc and buy some of the zenminers to generate at least a positive flow of btc.
The bad news is the price for the miners is not flat rate in btc but still in exchange of usd value at current exchange rate. However it's still worth trying rather than holding the btc and hoping it will rise.
What do you guys think? Is it a good move or a bad one?
Thanks.
Well, if I calculated correctly, with my 1.5 btc investment in zenminers, i can get a return of 0.015BTC/day, which means the investment is as good as holding the btc while the current btc price doubles in about 3 months The bad news is the price for the miners is not flat rate in btc but still in exchange of usd value at current exchange rate. However it's still worth trying rather than holding the btc and hoping it will rise.
What do you guys think? Is it a good move or a bad one?
Thanks.
Am I correct?