come on guys. I can count with my hands the people that have been saying that this situation was possible (one of those me). Now, everyone saying 200$ is possible, when there is a post saying the same but for 300$ and 90-95% of you guys said that was imposible.
my 10 gpus are off and have been off for almost two weeks now. I don't regret it even once, because of many reasons.
1º i'm not a holder. If you are a holder mining, you are actually a moron. (though i can accept miners who mine , expecting the price to increase and sell to recover electricity bill + profit)
2º at 0,18$/Kwh, the profit per card is 0,18€/day. That's a no go for the vast amount of miners.
3º if you don't mine, you´ll not ROI ever, that's true, but considering the situation of the market, you can expect to be like months paying your electricity bill without a single € of profit, which is not what it was intended when i bought all my equipment.
4º nowadays, buying coins is far more profitable than mining. and if you know how to trade coins, (so you are a bear right now), you can get almost 5-10% profit almost everyday if you are a good one.
5º long term investment is the most risky situation you can imagine, because on the hypothetical situation of considering the market to increase, the only thing you can do is trust blindly on crypto. Because, nowadays, there is no argument, data, clue, information or technical analysis that can make you believe that that is gonna happen.
Mining nowadays is just assuming losses, that's why i will continue to keep my gpu's off.
said this 4th of April 2018
Those saying that the market will recover......are you actually thinking that due to an argument, or is it just faith?? Faith , specially the blind one, can also kill you, you know it right??
there are, right now, more more more argument against crypto than in favour. Even technical analysis says that BTC can go to 2800$. You are very relaxed?? that's nice, i´ll come here when you begin to panic.
March 17 2018
for me it's already dead.
April 5th 2018
i have many many more where it was clear that this was going to happen. As easy as search my posts. No lies, i predicted this drop because for me was so obvious....
