Bitcoin Forum

With the a whole mess of L3+ being delivered and soon to be hashing away and LTC prices up 6-7 fold in the last 2 months.

Are you selling or hodling the LTC you mine?

Mostly selling - as usuall on most of my mined coins.

Even though the diff doubling in the last month-and-change, the PRICE went up enough to make it much higher profitability than any other time in the last 2 years or so.

Hmm. Do you want crypto or dollars? You can take your pick, really. But I'd hold.

Been mining for the last 6 months. So far it has been a losing proposition to sell the generated Bitcoin. Think most miners have been using Bitcoin profits to add onto more fiat to buy more equipment. If prices were flat to slightly ascending it would have been the right thing to do. With it rapidly ascending, it has not been optimal at all. I was thinking with all this rife in the scaling debate and segwit activation on Litecoin, that there is possibility of parity or even surpassing of Bitcoin by Litecoin. And I may be kicking myself for taking profits once my L3+ come online. The other side of the token is the possibility of Litecoin valued at sub $10 again.

Every time I think of all the coins I sold worrying about getting ROI on my Titan, it makes me want to cry.  My Titan would kick out 9 coins a day when it first arrived.  Even after the difficulty went higher it put out 6 or 7.  Then post halving 3 or 4.  At these prices, that would be some heavy profits.  Instead I sold out early on worrying about getting my fiat back.  I still have done really well on the Titan and have a decent stash, just think I left a lot on the table.  If I had only believed as much as I claimed I do.  Long story short, I plan to hold this time around.

Hi guys,

Just a small question what is meaning "FIAT" ?

Thx in advance

"Regular currencies" like US Dollar, Euro, Japanese Yen  etc. ...

people never learn, the same thing will happen to current L3+ owners... read our fellow miner's post again and imagine this: 200k-250k difficulty+segwit that opens up unlimited Layer 2 developments that Litecoin needed much+coinbase making it even easier to buy+korean exchange and possibly japanese exchanges embracing it by adding even more liquidity. Once you picture all that you can understand where this is going...
there's been a lot of selling in the past 2 yrs so think again if you want to dump your coins as soon as they are mined.