Bitcoin Forum
July 02, 2024, 08:38:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: A lesson learnt  (Read 225 times)
OasisDre (OP)
Member
**
Offline Offline

Activity: 532
Merit: 41


View Profile
February 11, 2020, 03:54:39 PM
 #21

a guy i knew mined a new privacy coin because its  mining difficulty was so low and after a month the coin get listed and its trading at 0.45 per coin while he already mined 8000 pieces, he was so luck and no one saw this coming, I myself was shocked because I stop mining due to too many crappy projects
He should just consider himself very lucky, this chance he has and grabbed happens once in a blue moon or never, its better to mine popular strong well known coins because you won't be at any lose either you decide to sell off or hold for long term

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬   DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Byakuga
Member
**
Offline Offline

Activity: 518
Merit: 28


View Profile
February 11, 2020, 04:10:21 PM
 #22

Mining new coins and winning big is all about luck and secondly most new coins has windows wallet at the beginning so even if you mined many and they get listed you have to sync the block chain to send the coins out from your wallet, this can be a pain in the ass because of data

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬   DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!