Mining Titan(s) for LTC. Getting hoard back (after last Titan purchase) to 100 BTC total (with LTC and LISK my hoard is really 106 if I cashed out).
Since mining BTC and LTC in some manner since 2013. The plan is when I get to 100 BTC (assuming no other great Titan deals fall out of the sky).
Then noting that my Total Investment in all this is a few cents short of 24k. This includes KNC Jupiter 550gh (53 BTC) and Titans (47 BTC so far).
In other words I could mine till the Titans are doorstops and get to 110 to 115 say BTC...but imho if 100 BTC does not work in the long term it is
all Tulips anyway. Thus my Income from now on will go to Electric for the miners (up to this point ate such part of the 24k of such since 2013) and
the remaining (about 1400 bucks after electric per month as of now anyway ...LTC) will go in my pocket.
Thus the strategy is HOLD the 100 BTC (and maybe 1000 LTC and the LISK (1 btc worth) in the long term.
The remaining monthly LTC after electric will go into pocket. (Units have ROI'd) and thus spend on NON-BTC stuff (that will be hard)
Thus KNOCK DOWN my Total investment say on the End of Life SOMEDAY (FAR IN THE FUTURE I HOPE) TOTAL investment to get over 100 BTC plus.
So to recap the logic is
1) If I dump the 10 to 15 BTC over the 100 btc hoard I SHOULD make till end of life Titans and it goes to the MOON...well....what the heck.......650 btc or 65k at 24k investment
sounds nice..but 15k for 65k investment sounds better even if it does go past the all time high...thus in 20/20 hindsight I could still look at this choice as
prudent.
2) If it dumps back to 150 bucks or lower BTC for some reason after end of life on Titan. Well then 15k investment on 15k of BTC etc I covered my ass
on a Tulip event per say.
Likely BTC will go above 1500 usd for a new ATH in the future and I SHOULD have just kept this other 15 BTC I supposedly can get (more or less) but hell
at that point I'd be so damn happy I could not really dwell on it ..with all the friends I have who think BTC and LTC and crypto is a scam (they have planned
an 'intervention' ..they actually told me so ...for when it all goes tulips they say) ..anyway if that happens I'll have other concerns of the nature of..'why did
you not communicate better and make be buy btc from relatives/friends/random people...yep gonna get my ass kicked at 1500 usd per btc that's a given
anyway my strategy...HOLD and knock down my total investment in equipment and electric since 2013 to July 2016 from 24k downwards......to make it all
look more pretty (and hell maybe get a life and blow some $$$ after this wild ride since 2013).
Anyway....that's the plan (likely after halving Titans will start falling from the sky in un-beatable prices...and I'll forget all about this plan.)