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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Gorosden on April 04, 2021, 08:57:05 AM



Title: HODL your ETH while you mine
Post by: Gorosden on April 04, 2021, 08:57:05 AM
Looking at the market right now I believe that ethereum will keep growing higher and probably hit 3k soon, I think I'm going to keep storing my ETH from now on doing so can get you closer to ROI faster since the ETH you keep will add more in value, I suggest you do same thing if you buy your GPU at high price like many did this year


Title: Re: HODL your ETH while you mine
Post by: mak013 on April 04, 2021, 09:11:45 AM
If you believe in it - just buy ETH right now for all your money. And sell your rigs and buy ETH. And you will get more profit than if you will mine.
I see such predictions every day and only 1 of 1000 is right. But mostly it seems he guesses.


Title: Re: HODL your ETH while you mine
Post by: Skinny48 on April 04, 2021, 10:31:07 AM
Crypto market predictions are mostly fakes, I hope you aren't using that here OP? I'm mining ETH too but I plan to hold very little because the future remains unknown to me and I don't want to just rely on predictions, all I keep doing is changing to USDT, I care more about getting my ROI back than gambling on tomorrow market value


Title: Re: HODL your ETH while you mine
Post by: FP91G on April 04, 2021, 10:32:20 AM
Looking at the market right now I believe that ethereum will keep growing higher and probably hit 3k soon, I think I'm going to keep storing my ETH from now on doing so can get you closer to ROI faster since the ETH you keep will add more in value, I suggest you do same thing if you buy your GPU at high price like many did this year
You will not be able to keep all the mined coins. Any miner has electricity costs, room rental costs, and others.
You can hold some of the mined coins, but some of the coins will probably have to be sold to get a return on investment in mining.
Because if a price dump occurs, you will incur losses.
Because if the prices of coins fall, then you will lose money.


Title: Re: HODL your ETH while you mine
Post by: Vann on April 04, 2021, 01:18:02 PM
Looking at the market right now I believe that ethereum will keep growing higher and probably hit 3k soon, I think I'm going to keep storing my ETH from now on doing so can get you closer to ROI faster since the ETH you keep will add more in value, I suggest you do same thing if you buy your GPU at high price like many did this year
You will not be able to keep all the mined coins. Any miner has electricity costs, room rental costs, and others.
You can hold some of the mined coins, but some of the coins will probably have to be sold to get a return on investment in mining.
Because if a price dump occurs, you will incur losses.
Because if the prices of coins fall, then you will lose money.
Exactly. It's easy to say HODL your mined coins when you're not the one paying the bills :). That being said, historically the miners that did the best are the ones that kept mining and paid out of pocket for expenses while the profitability was down.


Title: Re: HODL your ETH while you mine
Post by: Bitbtc8 on April 04, 2021, 03:15:57 PM
This is gambling, if market crashes you will lose in two ways, first is your mining profitability and second is time wasted and yet you need to pay the electricity bills anyways, while you mine change to stable coins straight away, care more about ROI first and gamble later


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 04, 2021, 03:19:09 PM
Do not hold anything, time to hold was before eth 1000 usd, sell anything you trolls mine and then thank me later when everything crashes to hehell because that is where eth and all cryptcoins will be going very soon, let the moon moon trolls hold, be smart, remember that eth stayed priced around at 100 usd for around 2 years and profit was negative most of the those 2 years.


Title: Re: HODL your ETH while you mine
Post by: mak013 on April 04, 2021, 03:47:53 PM
Do not hold anything, time to hold was before eth 1000 usd, sell anything you trolls mine and then thank me later when everything crashes to hehell because that is where eth and all cryptcoins will be going very soon, let the moon moon trolls hold, be smart, remember that eth stayed priced around at 100 usd for around 2 years and profit was negative most of the those 2 years.
I hear it from the time then ETH was $600. Several my friends sold ETH between $600 and $800. I sold rather big part of my ETH at $1300.
May be you are right, but may be it can raise up to $4000 before $100. We cant say really, just trying to guess.


Title: Re: HODL your ETH while you mine
Post by: Vann on April 04, 2021, 04:32:35 PM
Do not hold anything, time to hold was before eth 1000 usd, sell anything you trolls mine and then thank me later when everything crashes to hehell because that is where eth and all cryptcoins will be going very soon, let the moon moon trolls hold, be smart, remember that eth stayed priced around at 100 usd for around 2 years and profit was negative most of the those 2 years.
I hear it from the time then ETH was $600. Several my friends sold ETH between $600 and $800. I sold rather big part of my ETH at $1300.
May be you are right, but may be it can raise up to $4000 before $100. We cant say really, just trying to guess.

The charts show ETH adoption and utilization is at ATH. This is all bullish for ETH

https://etherscan.io/chart/tx

https://etherscan.io/chart/networkutilization

The uncertainty for miners is the upcoming fork substantially reducing the rewards by burning the transaction fees instead of rewarding them to miners. This is also bullish for ETH. Less supply from miners =  less coin to dump to drive the price down. The question is whether competing chains can drive adoption away from ETH given the high transaction costs, before ETH can move to improve capacity and lower transaction costs.

https://etherscan.io/chart/avg-txfee-usd


Title: Re: HODL your ETH while you mine
Post by: philipma1957 on April 04, 2021, 04:49:33 PM
ETH has one major flaw it is a one man show.

So if he dies today what happens to ETH ?

A war for control.

Thus no matter how much you believe in ETH this factor will exist until the leader of ETH dies.

So a full hodl carries that additional risk.

The real question is what do I do with my ETH profits.

well lets say all the gear is paid off.

Sell enough for power and maintenance.
sell some for small extpansion.
exchange some for btc.
sell some for profit.


I am making about 5000 profit a month
I only buy newegg shuffle cards as they are close to msrp.
I buy 1000 in cards each month.
I cash 1000 for power
I cash 1000 for btc.
I cash 1000 for profit ie cash in the bank.

this leaves me 1000 which is either hodl as eth or spent a a newegg shuffle card.

But my power setup is more complex then most and allows me to buy cards without fearmof them ever becoming not profitable. they would become less profit but never negative.

It simply varies for miners and their power deals.


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 04, 2021, 06:06:30 PM
The charts show ETH adoption and utilization is at ATH. This is all bullish for ETH

https://etherscan.io/chart/tx

https://etherscan.io/chart/networkutilization

The uncertainty for miners is the upcoming fork substantially reducing the rewards by burning the transaction fees instead of rewarding them to miners. This is also bullish for ETH. Less supply from miners =  less coin to dump to drive the price down. The question is whether competing chains can drive adoption away from ETH given the high transaction costs, before ETH can move to improve capacity and lower transaction costs.

https://etherscan.io/chart/avg-txfee-usd

No different than what it was in 2018, in the end we know what happened and the interesting thing is they went on with the forks to reduce issuance and yet price had not changed a bit, stayed around 100 usd ehhe, I think they reduced issuance 5 to 3 eth and then reduced a bit more later on and price stayed at 100 usd ehhe, not saying this will not go up, I'm saying that anybody holding it has a lot more chances of losing profit than earning at moment, a lot of holders could have sold at 1200 usd in 2018 and they have not then it crashed to 100 usd. I'm not expecting it to crash to 100 usd, but 200 ~ 300 usd is within my range of buying it back and trust me it will fill my order very soon. Once they start the sell off, you trolls will see what hehell is like, from July last year they have been accumulating, they will have to sell at some point aka distribution.


Title: Re: HODL your ETH while you mine
Post by: Vann on April 04, 2021, 06:50:28 PM
The charts show ETH adoption and utilization is at ATH. This is all bullish for ETH

https://etherscan.io/chart/tx

https://etherscan.io/chart/networkutilization

The uncertainty for miners is the upcoming fork substantially reducing the rewards by burning the transaction fees instead of rewarding them to miners. This is also bullish for ETH. Less supply from miners =  less coin to dump to drive the price down. The question is whether competing chains can drive adoption away from ETH given the high transaction costs, before ETH can move to improve capacity and lower transaction costs.

https://etherscan.io/chart/avg-txfee-usd

No different than what it was in 2018, in the end we know what happened and the interesting thing is they went on with the forks to reduce issuance and yet price had not changed a bit, stayed around 100 usd ehhe, I think they reduced issuance 5 to 3 eth and then reduced a bit more later on and price stayed at 100 usd ehhe, not saying this will not go up, I'm saying that anybody holding it has a lot more chances of losing profit than earning at moment, a lot of holders could have sold at 1200 usd in 2018 and they have not then it crashed to 100 usd. I'm not expecting it to crash to 100 usd, but 200 ~ 300 usd is within my range of buying it back and trust me it will fill my order very soon. Once they start the sell off, you trolls will see what hehell is like, from July last year they have been accumulating, they will have to sell at some point aka distribution.
The current dynamics for ETH are very different than from 2-3 years ago. The previous times ETH reached the current levels, it was mostly based on speculation of future adoption, evidenced from the short lived spikes on the chart. In addition to speculation, the current rally has been sustained for almost a year and is based on actual adoption from DeFi projects and participants paying to use ETH, evidenced by the transaction costs, which are nowhere near previous levels. The high transaction costs have actually slowed adoption considerably, as it prices smaller participants out and gives fuel to competing projects.


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 04, 2021, 07:22:16 PM

The current dynamics for ETH are very different than from 2-3 years ago. The previous times ETH reached the current levels, it was mostly based on speculation of future adoption, evidenced from the short lived spikes on the chart. In addition to speculation, the current rally has been sustained for almost a year and is based on actual adoption from DeFi projects and participants paying to use ETH, evidenced by the transaction costs, which are nowhere near previous levels. The high transaction costs have actually slowed adoption considerably, as it prices smaller participants out and gives fuel to competing projects.

DEFI to me is no different than the ICO's hype in 2017 to 2018, I wonder how long that will keep it up because from when it started, some tokens increased 100 times, that is not sustainable and it will crash hard just like 2018, also I always hear "this time is different", from what I see, there is nothing different at all hehe, hype hype buy buy trap noobs trap noobs then sell off and let them have all the bags hehe


Title: Re: HODL your ETH while you mine
Post by: Vann on April 04, 2021, 08:14:37 PM

The current dynamics for ETH are very different than from 2-3 years ago. The previous times ETH reached the current levels, it was mostly based on speculation of future adoption, evidenced from the short lived spikes on the chart. In addition to speculation, the current rally has been sustained for almost a year and is based on actual adoption from DeFi projects and participants paying to use ETH, evidenced by the transaction costs, which are nowhere near previous levels. The high transaction costs have actually slowed adoption considerably, as it prices smaller participants out and gives fuel to competing projects.

DEFI to me is no different than the ICO's hype in 2017 to 2018, I wonder how long that will keep it up because from when it started, some tokens increased 100 times, that is not sustainable and it will crash hard just like 2018, also I always hear "this time is different", from what I see, there is nothing different at all hehe, hype hype buy buy trap noobs trap noobs then sell off and let them have all the bags hehe
Well history has shown you are wrong. The most effective strategy since the early days of BTC has not been to trade. It's avoid buying in to hype in hopes of getting rich quick and sticking to projects that have a market fit for the long term. The long term winners since BTC have been the HODL'ers.


Title: Re: HODL your ETH while you mine
Post by: rdluffy on April 04, 2021, 09:06:51 PM
...

You are something else philipma, I follow your mining journey, and always learn something with your posts.
You've reached a point where you have multiple possibilities to face every market, down, up or sideways, due to your choices before

In my opinion, every miner have to make a plan before jump into mining, I started in 2017, made some mistakes, but I learned about the market cycles, and I was able to reach the ROI of my cards, save some money, and even have some ETH and BTC that I'm holding right now

Now, with this new cycle I reached the ROI again with my cards and I'm able to do some choices

I'm selling ETH for USD, converting some to BTC, and have some ETH in case of a price increase, so I'm prepared for all situations.
It's not good when market crashes and you didn't sell a coin, there's no point for me, and you'll end with a bag of coins, and will need to wait until next cycle

Obviously, miners can save 100% of their coins and sell with 3k USD ETH price, while I sold for 1800 USD but I prefer to be prepared for all situations

I hope that this market keeps rising for months and months, but better be safe than sorry.


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 04, 2021, 09:08:32 PM
Well history has shown you are wrong. The most effective strategy since the early days of BTC has not been to trade. It's avoid buying in to hype in hopes of getting rich quick and sticking to projects that have a market fit for the long term. The long term winners since BTC have been the HODL'ers.

There is no scam like cryptcoins in the world, they can get money easily from everywhere and every person willingly and scarcity and hype plays a role in the scam. I have never been wrong because I trade since 2011 and I have earned a lot lot more trading than if I had just held bitcoin, period. Yeah for the losers, holding is and was the safest route because every time scammers create a huge bulltrap and then they crash a lot but that lot is not to where they started the bulltrap and this time will be the same but this will end in 10 years or so if not earlier, this same bulltrap will not keep working, there is a limit to everything, good example is gold.


Title: Re: HODL your ETH while you mine
Post by: philipma1957 on April 04, 2021, 10:13:01 PM
...

You are something else philipma, I follow your mining journey, and always learn something with your posts.
You've reached a point where you have multiple possibilities to face every market, down, up or sideways, due to your choices before

In my opinion, every miner have to make a plan before jump into mining, I started in 2017, made some mistakes, but I learned about the market cycles, and I was able to reach the ROI of my cards, save some money, and even have some ETH and BTC that I'm holding right now

Now, with this new cycle I reached the ROI again with my cards and I'm able to do some choices

I'm selling ETH for USD, converting some to BTC, and have some ETH in case of a price increase, so I'm prepared for all situations.
It's not good when market crashes and you didn't sell a coin, there's no point for me, and you'll end with a bag of coins, and will need to wait until next cycle

Obviously, miners can save 100% of their coins and sell with 3k USD ETH price, while I sold for 1800 USD but I prefer to be prepared for all situations

I hope that this market keeps rising for months and months, but better be safe than sorry.

Thank you

I have been working at this since

2011 = zero success
2012 = break even
2013 = some profit
2014 = break even
2015 = break even
2016 = break even
2017 = good year
2018 = small loss
2019 = break even
2020 = small gain
2021 = really really really  good year.  Doge baby amazing

I finally have a good position that I like to be in.

I also can expand and keep looking for bargain Newegg Shuffle cards


Title: Re: HODL your ETH while you mine
Post by: Vann on April 04, 2021, 11:18:10 PM
Well history has shown you are wrong. The most effective strategy since the early days of BTC has not been to trade. It's avoid buying in to hype in hopes of getting rich quick and sticking to projects that have a market fit for the long term. The long term winners since BTC have been the HODL'ers.

There is no scam like cryptcoins in the world, they can get money easily from everywhere and every person willingly and scarcity and hype plays a role in the scam. I have never been wrong because I trade since 2011 and I have earned a lot lot more trading than if I had just held bitcoin, period. Yeah for the losers, holding is and was the safest route because every time scammers create a huge bulltrap and then they crash a lot but that lot is not to where they started the bulltrap and this time will be the same but this will end in 10 years or so if not earlier, this same bulltrap will not keep working, there is a limit to everything, good example is gold.

You're trying to have it both ways. You call all Crypto a scam and the demonstrably effective strategy of HODL for losers, yet you want us to believe you are this trading genius that knows exactly when to time the market, contrary to all market dynamics and whales parking billions in Crypto and DeFi projects for the long term, despite ATH's. Well congratulations, you must know more than everyone and if you believe that, there's a token for you to 3x your profits with that strategy, which by the way is built on ETH.

https://coinmarketcap.com/currencies/3x-short-ethereum-token

For 99.9% of Crypto enthusiasts trying to time the market is a losing game and it's best to stick to a proven effective strategy. Of course there is nothing wrong in taking profits, especially in the case of miners which have capital investments to recover.





Title: Re: HODL your ETH while you mine
Post by: philipma1957 on April 04, 2021, 11:32:57 PM
Metroid was on point for 2017 crash.

But he is already a loser for this crash.

He started bear far too early so when the crash happens he will claim victory but in reality he was claiming

bear in Dec of 2020.  Anyone that followed his advice in dec lost out and cashed early.



Title: Re: HODL your ETH while you mine
Post by: batsonxl on April 05, 2021, 05:27:42 AM
Bitcoin loosing its dominance so there might be good chance for alt coins, i think it will start as soon as bitcoin dominance gets under 50%. Bitcoin holding position 56% now anyway it looks interesting for everyone


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 05, 2021, 07:57:23 AM
Metroid was on point for 2017 crash.

But he is already a loser for this crash.

He started bear far too early so when the crash happens he will claim victory but in reality he was claiming

bear in Dec of 2020.  Anyone that followed his advice in dec lost out and cashed early.



I sold in January 2021, not in December 2020 and yes I took my 15x profits and I'm happy with it, yes I could have got another 5x and then made 20x but I decided not to, is better be safe than sorry and by the way show me a post that I said to sell in December 2020. I never said that and yes I said in January 2021 to sell and get out because I saw too many bs around and when there are too many bs around means just one thing we are going to hehell, manipulators aka market makers will create a last bulltrap and then hehell, at some point all those accumulated coins will have to be sold because if not then others will sell, will be a chain reaction just like 2011, 2014 and 2018, and those years are good examples of what is going to happen and people saying "this time will be different" are lying.

The above is regarding trading, regarding mining, my advice is sell as you go, do not hold, there is no way to know when this will start crashing hard and profits like these will not be seen in a very long time, so use the opportunity to cash out, gpus 4x the msrp in most countries, at these profits and prices, roi is around 300 days, yeah gpu manufactures and resellers are earning so much money, where I live a 3080 is being sold for 2300 usd, that is more than 3x the msrp, let the idiots buy gpus for those insane prices. Funny, will be trolls who will say they will roi those gpus with those insane prices ehhe, just like 2018.

https://whattomine.com/coins/151-eth-ethash?hr=100.0&p=250&fee=2.0&cost=0.1&hcost=2300.0&commit=Calculate

If you can buy a gpu at msrp price at moment then there is not better deal than that at moment, so grab as much as you can possibly can.


Title: Re: HODL your ETH while you mine
Post by: arielbit on April 05, 2021, 11:34:50 AM
when metroid is beaten to a pulp here. I'm gonna sell all of my coins...all of them hehehehe  ;D  ;)  8)


Title: Re: HODL your ETH while you mine
Post by: philipma1957 on April 05, 2021, 12:12:55 PM
He (Metroid) advised early bail whether it was dec 20 or Jan 21 Still early bail.

But it is for profit not loss. So he is like a B-

I think we will tank just like we have always tanked before. But I think it is in the feb, march,april 2022 zone not today or this month.

   Does that mean I go out and buy 50 overpriced gpus no. It means I enter the Newegg Shuffle and look to get MSRP or slightly marked up cards from now until I move from 60 to 120 cards. I have been getting about 1 every 10 days So 60 cards at that pace is slow but what can you do?  Buying 60 cards right now for 1400 each is stupid. As It puts me in the hole. I would rate my moves for this expansion as B+. Buying 60 overpriced cards could work or could drop me to an F if we crash.

 Add 1 every 10 days or so works.

60 at 1400 = 84000 they would earn  60 x 60 = 3600mh x 10 cent or 360 a day or 234 days to pay off.

But a big drop could lower them to 60 a day or 1400 day pay off.  Which would be a huge fuck up. So I am not dropping 84000k to be in the hole at best 200 days. I don't need to do it.



Title: Re: HODL your ETH while you mine
Post by: Metroid on April 05, 2021, 12:42:44 PM
when metroid is beaten to a pulp here. I'm gonna sell all of my coins...all of them hehehehe  ;D  ;)  8)

If I'm then imagine the miners, I mean while miners try to achieve the roi aka 100% return of their money, I already got 15 times what I paid for eth which was 90 usd ~ 100 usd back in 2018, yeah I held for 3 years and saw some bulltraps and beartraps and did not fall for any of them, greatest beartrap was march 2020, greatest bulltrap we will see in few weeks if we have not already seen it and from there only hehell, maybe trolls think why I dont want to ride the bulltrap if i'm so sure? thing is I'm not 100% sure if there will be another bulltrap, maybe it will crash to hehell from here but I still think 60% that btc will hit 79k then hehell, yeah I could buy using 60% of my money into btc but I will not, better be safe than sorry, got a good profit already and just waiting the time crypto market will crash 85 to 95% and then think if I will buy back just like 2011, 2014 and 2018.

He (Metroid) advised early bail whether it was dec 20 or Jan 21 Still early bail.

Like I said before I got my 15x, so I'm happy with, I cant beat myself because I lost the chance of have got that 5x more, I mean you have to take profit at some point, being delusional and thinking this will only rise is not good and trust me I know many trolls who held the bag in 2018 and had to sell later to cover bills and so on at the lowest, they thought it would rise and rise and in the end they lost it all on that 2018 crash and now they are probably crying when they see cryptos up again, I hope they have not bought at this price again because if they did then they are going to lose even more, yeah a moment of a bulltrap can make them smile for few days ehhe but in the end if they dont sell, history will repeat itself and they will commit the same mistake they have done in 2018.


Title: Re: HODL your ETH while you mine
Post by: Bravehash on April 05, 2021, 12:43:07 PM
He (Metroid) advised early bail whether it was dec 20 or Jan 21 Still early bail.

But it is for profit not loss. So he is like a B-

I think we will tank just like we have always tanked before. But I think it is in the feb, march,april 2022 zone not today or this month.

   Does that mean I go out and buy 50 overpriced gpus no. It means I enter the Newegg Shuffle and look to get MSRP or slightly marked up cards from now until I move from 60 to 120 cards. I have been getting about 1 every 10 days So 60 cards at that pace is slow but what can you do?  Buying 60 cards right now for 1400 each is stupid. As It puts me in the hole. I would rate my moves for this expansion as B+. Buying 60 overpriced cards could work or could drop me to an F if we crash.

 Add 1 every 10 days or so works.

60 at 1400 = 84000 they would earn  60 x 60 = 3600mh x 10 cent or 360 a day or 234 days to pay off.

But a big drop could lower them to 60 a day or 1400 day pay off.  Which would be a huge fuck up. So I am not dropping 84000k to be in the hole at best 200 days. I don't need to do it.


Even if bull season ends in 2022 its still not good for me on my part because eip1559 will affect ethereum mining reward, I don't add more to my GPUs and I got them this year february, I should be able to earn more if not for the upcoming eip1559 in July 2022


Title: Re: HODL your ETH while you mine
Post by: arielbit on April 05, 2021, 01:21:46 PM
when metroid is beaten to a pulp here. I'm gonna sell all of my coins...all of them hehehehe  ;D  ;)  8)

If I'm then imagine the miners, I mean while miners try to achieve the roi aka 100% return of their money, I already got 15 times what I paid for eth which was 90 usd ~ 100 usd back in 2018, yeah I held for 3 years and saw some bulltraps and beartraps and did not fall for any of them, greatest beartrap was march 2020, greatest bulltrap we will see in few weeks if we have not already seen it and from there only hehell, maybe trolls think why I dont want to ride the bulltrap if i'm so sure? thing is I'm not 100% sure if there will be another bulltrap, maybe it will crash to hehell from here but I still think 60% that btc will hit 79k then hehell, yeah I could buy using 60% of my money into btc but I will not, better be safe than sorry, got a good profit already and just waiting the time crypto market will crash 85 to 95% and then think if I will buy back just like 2011, 2014 and 2018.


i think the market will try to make you feel bad about your gains and will make you buy back. be strong or...rekt. this is the part where we keep some for the moonshot.

anyway people who use leverage and was successful can already claim winnings, we don't have those kind of trades back then when everything is spot.

this is the year of life changing money  up for grabs hehe ;)


Title: Re: HODL your ETH while you mine
Post by: Metroid on April 05, 2021, 01:28:06 PM

i think the market will try to make you feel bad about your gains and will make you buy back. be strong or...rekt. this is the part where we keep some for the moonshot.

anyway people who use leverage and was successful can already claim winnings, we don't have those kind of trades back then when everything is spot.

this is the year of life changing money  up for grabs hehe ;)

Yeah, I mean you can see trolls here saying I'm a loser because I decided to get 15x than 20x or maybe even more if I keep holding, need to be smart, only you can determine if it was good or not, falling for a bulltrap now will erase all my efforts up to now, being greedy is not bad, being too greedy is very bad. I already think 15x from what I paid for is already beyond greedy, thank god I'm past the acceptance phase, yeah I will buy back once this crashes 85 to 95%.


Title: Re: HODL your ETH while you mine
Post by: philipma1957 on April 05, 2021, 03:13:37 PM
He (Metroid) advised early bail whether it was dec 20 or Jan 21 Still early bail.

But it is for profit not loss. So he is like a B-

I think we will tank just like we have always tanked before. But I think it is in the feb, march,april 2022 zone not today or this month.

   Does that mean I go out and buy 50 overpriced gpus no. It means I enter the Newegg Shuffle and look to get MSRP or slightly marked up cards from now until I move from 60 to 120 cards. I have been getting about 1 every 10 days So 60 cards at that pace is slow but what can you do?  Buying 60 cards right now for 1400 each is stupid. As It puts me in the hole. I would rate my moves for this expansion as B+. Buying 60 overpriced cards could work or could drop me to an F if we crash.

 Add 1 every 10 days or so works.

60 at 1400 = 84000 they would earn  60 x 60 = 3600mh x 10 cent or 360 a day or 234 days to pay off.

But a big drop could lower them to 60 a day or 1400 day pay off.  Which would be a huge fuck up. So I am not dropping 84000k to be in the hole at best 200 days. I don't need to do it.


Even if bull season ends in 2022 its still not good for me on my part because eip1559 will affect ethereum mining reward, I don't add more to my GPUs and I got them this year february, I should be able to earn more if not for the upcoming eip1559 in July 2022

So a 180% payout on a block at viabtc drops to maybe 110%

seems terrible but if coin moves to 3500 that fee drop made price jump and fixes the issue you claim will happen.

BTW this is all guess work on all of our part.

Metroid took profit and could have had better profit. he is betting on a crash soon.

If the crash comes in 2022 or 2023 he failed bigly.

If the crash comes in July 2021 he failed just  a bit .