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October 08, 2017, 04:07:15 AM |
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Mine what is most profitable at the time, that's the best thing because you wanna squeeze the most short term profits from your rigs, to invest in long term coins once you decide. Not all the time has to be the most profitable coin because, what if there's no liquidity for the coin? Also what if its not on an exchange already? Based in the tech specs of the rewards, purpose of the coin, amount that you need for certain features, etc, you can mine coins in their earlier difficulties where there's really no other way to get the coins, or a specific quantity, but mining.
I sometimes, mine pow coins to buy pos coins like lisk, waves, stratis, etc. Sometimes Invest in high pos coins just for the fun of it, take some profits and buy even more pow coins I mined before, but it all requires a strategy and an understanding of how the market cycles, and what coins are going up when other's are coming down so you can be flipping some coins in the meantime.
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