My advice, wait. I am sure it will fall to 3000 USD again. It is too crasy to invest now. Anything can happen the next two weeks. I will also wait until September 30th to make a decision. I will invest for sure again!

yes most will go Kaboom. Market is flooded with coins. Some must drown. Unless you are a fire ant.

Hey,

Simple question.

Will Altcoins BOOM after going down for so long?
A lot of altcoins have hit their bottom several times.

I'm in XBC right now.

Counterparty risk. How much money are you going to trust with Livecoin or Exmo?

Any prooves of your partnership with those platforms?

the price was calculated on the basis of the total number of currencies and on the analysis of other currencies having the same characteristics. I invite you to consult these results on here: https://coinmarketcap.com/all/views/all/

There is a reason why limiting Airdrop projects to member rank were always suggested, because from past experience most Newbies account abuse the process, just look at DeepOnion Airdrop, Newbies were accepted at the begining but later removed because the process were abused by them. You will understand with time, all of us were ones Newbie on this forum

From my POV why would someone spend $200k for a property only to lease it out at $900 or $1000 a month rent(crossing fingers nothing breaks AND crossing fingers tenant doesn't stick you) vs spending $30k on mining hardware (which BTW is deductible along with the electricity) to make a steady $3k-4k a month mining? I chose the latter. My only regret is that I didn't spent $200k on mining.

I already knew that website. When calculating profitability, does it also include the probability of finding blocks and their reward?

Thank's

Ahh, but here you have almost stumbled upon the most obvious question. If you think the coin will rise, why not just buy the coin?

I really do not see the point in this "I am ok with a 12 or even 18 month ROI period" mentality when investing so much into mining hardware, especially since everything is so overpriced. As I have said many times, in all cases you are pinning your hopes of profits on one simple fact, that the coin(s) you plan to mine will continue to increase in value. This means market prices must continue keeping up with or exceeding mining supply (which can basically be equated with the network hashrate and difficulty), thus making mining profitable.

So again, if your belief is that the coin(s) you are interested in mining are going to continue to go up in value, after all that is why you are willing to invest $1,000's of dollars in hardware that might in maybe 1 year break even, why not instead invest $1,000's directly into the coin(s) and in 1 year be in profit, not just at break even?

There are certain times in the crypto-lifecylce where mining makes sense and you can often net average your coins for far less than you could by purchasing them outright. However, for most current coins that ship has long sailed and only those with hardware already paid for, or who have super low or free electricity would be better off at this point buying hardware versus just buying the coin outright.

It is actually very nice that this is open to newbie. Thanks dev