It looks like mining is not profitable right now but if ETH price can catch ATH value, today's mining value will be profitable again. So, this is why people still continuous on mining.
If that happened people would be much off just buying Ethereum instead of putting money into their mining operation. It is true if you don't have a rig, I can not suggest buying mining parts atm. But if you have a rig already and you keep the mined coins, you can sell them for 6x profit Rigs maybe will expensive again if ETH can be pumped. Because other people think mining activity will be profitable again. If i be seller, maybe i will tell the truth about mining and what risk behind it.
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It falls of course, because people will dump especially the bounty hunters. Also, that depends on which exchange it's listed but the stats lately suggest me that buying a new ICO token or coin is not profitable.
it might be profitable to buy from the IEO. some IEO coins have a large market entry, and the market response is also good. it makes the price may increase more expensive than their IEO price. but that is not certain, it could be that the decline occurs, all depends on the project. At the end, it is all depends on the project. Maybe it is right that we get help by exchanger that held IEO to filter which project that good to pick. But after that, in market, traders and that developer itself who have key to make project success or not.
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Maybe because it is increased slow but sure that is why people not shocked yet. But maybe if in 1 night can increased 100% or maybe 200% from now, maybe bitcoin and altcoin can get attention from a lot of people.
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Instead of say that they are morons, actually they help us to pump bitcoin price. Even it is only rumour, but whales who pumped crypto price is can be logically accepted. And about people who lose because buy in high price, the risk is taken by ourself.
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Well, if cost is more than what we got, i think it is good to stop our mining activity. About rigs, in my community there are people who already sold it and hold their rigs. I have friends that get hype, and increase electricity in his house, and now he regret it.
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I have previously said that playing gambling is better to use a cheaper Doge, of course. And beforehand your goal to play gambling if you want to get a profit, of course, BTC is bigger and bigger, the risk is also greater. Because I play gambling for fun, and using Doge is certainly cheaper for every game. Maybe here many people use doge for gambling games.
Many people are shifting to ETH or doge to play gambling instead of bitcoin. The reason being bitcoin price is getting higher and people do not want to risk bitcoin in gambling. Also the transfer fee of ethereum and doge is much less than as compare to the bitcoins. Usually i pick doge because of that too. And fixed fee to transfer bitcoin is what actually be my problem. Because actually whatever price of bitcoin we still can buy it wih our own money to gamble but to send it, need big fee if must exchanged to fiat.
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Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) in every development of crypto and altcoin currencies, of course, investors also play an important role and the development of crypto currencies depends on the investors themselves, the confidence and patience of investors is very important capital Maybe if op still wait his ETH, he might be already take profit now since we can see Ethereum make improvement in their price until now. Patience is a key, important thing to have by people when they make investment.
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this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did. Bear trend i think is already end. Maybe when it keep stable before pumped bitcoin price already out from bear trend and some people already prepared for price increase. And then we might will see bitcoin price stable and keep increased in future. It's good that even it declines now it doesn't decline that fast as how it increase in this week too high. Better have ways to gathered some before the bull comes again. When it is happen, it is good to buy it again. But not want to force people. They should buy bitcoin with their own analysis so they know what is pattern of bitcoin price movement and it will help them in future.
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Please spread the word of this FAKE miner they offer and steal ure money! They are so called a part of coinomi witch is totally false. https://shop.coinomi.store/Stay safe guys. *In honor of bitcoin's 10-year anniversary* Thanks so much for this, a friend has already fallen victim of this but o actually blamed him, he didn't make full research on the company before buying through them and with the rise in Bitcoin I believe more of them will come up Maybe at least when it is spread, other people not get scammed too. Usually scammer like this will change their domain and keep to scam buyer especially who not alwasy make any research before they do something.
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Do you see right now that bitcoin get first pump and same to other altcoins get continuosly pumping up in this month from March to May hopefully its good to hold right now. So tell me what is your strategy?
My strategy maybe almost same with what i do in past. Sell when i need and hold the others. And keep earning from bounty reward and trading. Already fit with it and no more want to take more risk.
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For those who trade both crypto and stocks. Which market is more predictive and easier to trade?
I think crypto. Even i am not experienced traders, i think there are a lot of people that struggle when they want to trade stock. Personally if must pick, i will pick on crypto trading because it is simple.
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this recent rise in prices bitcoin because of bitmex leverage and bear trap
Nah, if could be one reason, but I don't think that it's the main one why the price keeps rising. Bear trap? We are over now, the bulls have taken the market already, so there's no more bear trap whatsoever. I really can't understand why people still thinks that the bear has still control of the market today. They are exhausted, we have reach the bottom already and it's time for the bulls to show up and boy hey did. Bear trend i think is already end. Maybe when it keep stable before pumped bitcoin price already out from bear trend and some people already prepared for price increase. And then we might will see bitcoin price stable and keep increased in future.
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Serious miners are in locations that don't require additional costs for cooling. You maybe should quit mining or only do it in the colder months for the free heat.
If he do mines without minding too much about profitability but rather making this as a sort of hobby then quitting wont be possible yet he had made some good arrangement with his GPU's and same as you said if you are serious with mining you would considerate the condition of your place when it comes to climate. Right thing to do i think. But in my country, there are a lot of miners that go because of hype and never think about cost to do it. And now some of them are already quit with sell their GPUs in cheap price and they loss in their investment.
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Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isn’t it risky to invest in them? Want to hear your opinion!
investing the unknown currency is the most riskiest thing ever in cryptocurrency field because you have lots of choices in the best cryptocurrencies so why can we entered into a unknown investment and make a risk in your life and I don't do it anywhere in my life. There are a lot of type of trader. And i am one that same with you. I not really want to take bigger risk with new tokens or altcoin that not really good in coinmarketcap. Even out there people said that profit that we get can be bigger, i not too attracted with it.
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let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Glad i never set big target of profit for now. Maybe at least i get a little profit usually i already take it. Because for me predict price is harder than in past and for bitcoin itself, if it keep increased after i sell mine, not really fomo with it.
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i want to know did you make profit in gambling or lost and i know 99% people lost their money in gambling Gambling is only for fun not a way to make money what you think Gamblers ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Always Gamble what you afford to Lose Don't Give up LOL Gambling is not a job eventually gambling is play for get relax and fun. Gamblers prepared money ready to lose to give themselves the way for their habit not making money. Benefits plating gamble is to relieve the stress and problem for awhile. You need to find job gambling us not a job For some people, gambling is shortcut to get money faster. Maybe that is why a lot of people suffer because they end with loses in gambling. From something that should make people fun and enjoy, be bad thing for others because other people will think gambling is bad.
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Pick it carefully, if want to invest, pick safe coins/tokens. if want to trade, pick high volume coins/tokens. Although actually not that simple, but if you diligent and keep research and learning, you can pick right coins to buy.
you are right, if you want to be smart in choosing coins for trade we must be diligent in conducting research on platform development. it will grow our ability in trade, not only in choosing assets, but in trading on the market also needs to be improved. Keep trading and learn from mistake is something that will be good in trading. After our ability in trade improved, we can get more confident when pick a coin and even new or old project, there will be no matter as long we really sure that project is good.
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Some of my friends told me if must buy litecoin because halving almost come too. Maybe if me, will split some money to buy it and wait and see it. After looks increased and get profit, i will sell it.
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Now a days so many spam coins in the market . I'm varied to invest
Pick it carefully, if want to invest, pick safe coins/tokens. if want to trade, pick high volume coins/tokens. Although actually not that simple, but if you diligent and keep research and learning, you can pick right coins to buy.
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Never too late to invest for right now especially btc,if you have more money you can buy and hold for several next month and be a wise
Be wise, is a key for investment. Because who can decide we will get profit or not is ourself. I mean, even in any price we bought bitcoin, as long we make target and not be greedy to think very high, we can gain profit from safe investment.
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