Closed my small family farm, sold out rigs, and buy in!

[judyrob]

a pretty good strategy and entered the market again at this time was a good decision. This is indeed a good beginning of the year to return as the market predicted will experience good achievement compared to last year. large coin became the target for many investors as ethereum because they expect the increase of hardfork.

[rahul7timt]

i think you are opting good strategy, i suggest you to go for btc and eth . other than this you can look out for top 10 alts for making investment.

[trash321]

I would like to see double bottom prior going in on BTC and ETH...personally I am looking at PIVX, Monero, ETH, NEO and XRP.

A wonderful decision, today these coins are also a normal solution. But I still think that investing today is a good opportunity for future income. But this is usually only speculation. Maybe nothing good will happen.

[ccsang]

I saw that a lot of people start to switch off or sold their mining rig because of current market situation their mining profit can't paid the electric costs, however at least you got some money back, try to research top 100 altcoins, most of them have potential to gain big profit in next market pump.

[levyashin]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

If you want no risk or low risk, btc and eth should be fine.

But if you are looking for a big win, i must advise semux. It can grow a lot!

[Little Mouse]

Buy ETH and XRP to have some pure profits with less risk. Also, don't forget to keep some BTC. I always put some BTC. Investing in only altcoin may give you much profit while investing in BTC is less riskier than altcoin.

[chenhaonan]

I have heard that many professional mining companies have stopped running most of the machines. The revenue they generate is not enough to pay for electricity. This is really a bad bear market. Both investors and miners are huge loss.

[frchowe214]

It is alt season now so selling mining equipment will give some funds to invest in other coins like Cardano, EOS, and other top quality coins. Zcash is a good privacy coin to add some variety, those might pump as regulation kicks in

[kostepanych2]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

I suggest to diversify your portfolio and buy Bitcoin and Altcoins from top 20, for examle Ethereum, Litecoin, Monero, Dash, Neo, Nem, Eos, Cardano, etc...

[gostop]

Crypto mining is no longer profitable. Selling a mining machine may be a good choice, but if you want to invest, I think it might wait for a while.

[crzy]

Personally I just focus on bitcoin , because I'm already earn more than $ 10.000 over 4 years because of it.
For alternate investment, ETH may become the wise choice , just do the same, Hold it because I will keep doing it for next 1 or 2 years !

Bitcoin also makes good profit for me so this is my top suggestion to those who wants to enter in the market right now. The only altcoin that I trust much is the ETH, you can see the market right now that ETH was able to get back in the top position which is a sign of a real strenght of ETH. You sacrifice a lot and hopefully that you will make a good decision, solding your rigs wll become more worth it if you put that money in the right coin.

[JeromeL]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

Buy Ethereum. It will soon grow strongly in price. In a month there will be news about Ethereum 2.0. This will give a good growth stimulus.

[Dobby070]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

Why not convert your mining rigs to Gaming rigs then sell it on the the market? But that's fine, I advise you to buy Ethereum, look at some news and you will figure out why. Though, mining might be profitable soon, It's the right thing you've done.

[wattson]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

I am not sure it's time to buy in) But mining became really pathetic now, that's true. I wonder what ROI did you get from this? What was the buy price and what was the sell one? Bet you've lost at least 70% as result.

[CryptoAssasin]

That is the wisest decision to make at a time like this and I agree that mining is not that profitable for small time farmers. No hard feelings but the fact that you only have that number of rigs cant actually cover the bills and the price movement for altcoins is not that favorable. I suggest you grab some potential altcoins like Credits, ADA, XMR, EOS, NEO and the most bullish this month, Ethereum.

[Golftech]

Crypto mining is no longer profitable. Selling a mining machine may be a good choice, but if you want to invest, I think it might wait for a while.

Analyzing the trend and knowing which coins can be a good one to divert your money, as mining is no longer profitable from what the market conditions right now, but before you jumped in make sure that you study the whole industry, avoid losing your money by picking the wrong project.

[eagle10]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

With that being said, you are lucky to get your money back and thinking of investing in the cryptocurrency market. I guess the best coin you could buy and invest  is the coins which belong in the top 30 in the coin market cap.

[tuanytcc]

It's not cost effective to mine these days

Can't get cheap electric so I decided to close my small farm.

I have sold 5 6*cards rigs and got some money back!

It's time to buy in...

any suggestions on  which alt coins to buy  ?

Selling all mining computers and use this money to buying cryptocurrency at this time, instead of losing cost for mining is also a wise choice. And the trend of future will also prioritize POS instead of POW

[cola-jere]

I'm going for Eth and Monero.
I see a lot of future on both platform and their coins as well.
Good luck to everyone this 2019!

[Johnyz]

Just look at the top coins and your money will be good. Go for ETH, XRP and EOS these coins can make a big comeback and its price will become higher until they reach the new peak. Go for long term investing and don’t forget to own bitcoin, this is still a top coin that can generate profit better to have it on your portfolio.