Posts

avatar of @ph1102
25
@ph1102
·
·
0 views
·
1 min read

I'm not a BTC miner, but I am an ETH miner for 4-5 years and the logic behind mining was always the same... If mining is profitable in your area, you are doing it, if not, you are turning off your machines and BUY tokens from the markets with money that you spared from electricity bills... Of course, this is from the crypto HODLer perspective...

But, if you are mining for short-term profit, it's the same thing... You mine while it's profitable, sell tokens immediately and that's it... If you don't have profit, you don't mine... This drop isn't a big deal at all.. It happened many times when the price of BTC was down... We are witnessing again the SAME thing as always... OVER and OVER the same pattern is repeating... Something that is normal is trying to be "FUDed" as an extraordinary worrying thing... To scare weak hands as always...

Just my 2 satoshis...


I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!

Posted Using LeoFinance Beta