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Title: Even at 3600, BTC is still 10x its value in 2016 Post by: starlilyth on November 27, 2018, 02:59:31 PM Has the black friday crypto sale got you down? All the stories about people selling their gear making you nervous?
At $3600 Bitcoin is still worth TEN TIMES what it was two years ago. That is still unbelievably good performance vs. traditional financial instruments. If you just started mining, or mine for short term profit, the news is all bad, but if you are the least bit dedicated to crypto you know: this is hardly the end of mining. We made the mistake once of believing mining was dead - boy were we wrong! Bitcoin came back with a vengeance, and brought ETH and others along with it. The tide is going back out for now, but like the ocean it will be back... ... And we will be here, ready to help you mine it all. Hang in there miners, we got your back. Lily getpimp.org | miner.farm Title: Re: Even at 3600, BTC is still 10x its value in 2016 Post by: melt7777 on November 27, 2018, 03:13:44 PM Still holding the ones we mined when they were $300-1000 just a few years ago. Compared to the stocks I made a killing!
~ melt getpimp.org | miner.farm Title: Re: Even at 3600, BTC is still 10x its value in 2016 Post by: Metroid on November 27, 2018, 03:32:13 PM The idea is, do not be stupid and sell now, hold on cause bitcoin will hit at least 50k in 2020/2021 and from now, it will be a 15 times profit. Patience is the key, if you haven't sold at 20k levels then do not be stupid and sell now cause the trader buying it from you now will profit big in 2 years or so.
Title: Re: Even at 3600, BTC is still 10x its value in 2016 Post by: crairezx20 on November 27, 2018, 03:44:53 PM Well for those people who looking for profit fast they choose to sell their machines because they know mining will become unprofitable anymore. That is why only real miner will remain including me I just waiting to GPU become cheaper to buy more and mine and hold altcoin.
Title: Re: Even at 3600, BTC is still 10x its value in 2016 Post by: Rune on November 27, 2018, 09:13:06 PM The idea is, do not be stupid and sell now, hold on cause bitcoin will hit at least 50k in 2020/2021 and from now, it will be a 15 times profit. Patience is the key, if you haven't sold at 20k levels then do not be stupid and sell now cause the trader buying it from you now will profit big in 2 years or so. Yup we must buy and hold for the future if you already bought/mined high better just hold and possibly buy more at this point Title: Re: Even at 3600, BTC is still 10x its value in 2016 Post by: leowonderful on November 27, 2018, 09:20:45 PM I'm continuing to acquire BTC at the same rate as I have for the last few months. I did buy in at a much lower price than BTC is at right now, but I'd rather hold on to my coins than sell at a fraction of the peak near $20k we had last year. There are indications we may be in an extended bear market and prices may stagnate or go lower than $3k, but I'll hold however long it takes. What's happening now with crypto's only temporary, and a bull market may resume in the mid- to long-term.
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