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Author Topic: As being a miner, what can i do when the Eth is falling  (Read 386 times)
SaShiRaJaVu
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March 01, 2021, 10:12:08 PM
 #21

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?
Since you are mining you need to have a calculation about how long you can hold the coins, if there is nothing urgent and you have the patience to hold the coins for a longer period of time then it is always a good option to hold the coins for the long term as the market is fairly new and the ETH market is just approaching the fifth year from its inception and if it goes like this the market will rally further in due time.
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March 01, 2021, 10:42:33 PM
 #22

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?
A miner will be a miner, unless if you leave and look for other opportunities.
If you are enjoying what you do(which is very important), you better have to stay in mining. Though it is possible that ETH will dump, it is still a profitable coin that we have. MIning ETH still good at all, it really has huge expenses but you can't hide that miners still making money from this.

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March 02, 2021, 12:32:52 AM
 #23

your goal is to do mining and what your target is every time you get ETH used for, maybe to invest or use to pay for your electricity or others.
at least you should make your initial goal of doing that.
It seems like that if he was only keep all of their ethereum reward from the block. That means if he might paid the maintenance cost us another income other than his mining.
The problem is there will be the time that you can't mine ethereum and that will bring him to the dilemma whether he must sold his ethereum or not but i hope he will still holding his ethereum right now.

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March 02, 2021, 01:20:07 PM
 #24

First you and your gang bought all the GPUs and pumped its prices to the sky, so that not a single gamer could afford to make an upgrade or buy a new gaming pc, then you ask what should you do. If the the amount you mine does not suit you, sell your hardware, or keep on mining for future profit.

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March 02, 2021, 02:26:13 PM
 #25

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?

The question here is how long are you in this business? are mining ETH way back or just starting

and worried with how the fluctation and correction is going on right now? For sure those who

Mine last year or much earlier are gainers, imagine how many times the value rises till now.

You can also consider splitting your asset, sell the half and keep the other half, in case another

pumped happened you still have some coins to enjoy.

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March 02, 2021, 07:41:10 PM
 #26

Do you have already in mind? Lots of recommendations and suggestions above  if you can answer those questions then I guess if time to do your part.



If you can sustain and maintain your cost with mining like electricity cost, its okay to hold your eth and wait another 2k or something higher.

But if not, then 50:50 ration is fine, withdraw 50% and pay your fees/cost everything then invest and hold the other 50.
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March 04, 2021, 01:03:30 PM
 #27

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?
How many ethereum you have right now?
If you have many ethereum, I suggest you hold that and not sell if the price does not reach more than $2k or on your target sell price.
It is better to use a small ethereum to sell and take your profit than to sell out all ethereum because we do not know when ethereum price will increase.
If you can still profit from the mining, you can continue to mining ethereum and wait for the ethereum price increase and sell it at a high price.
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March 04, 2021, 01:31:49 PM
 #28

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?

Everything will depend on the situation. For example, you mine to earn a living and in this case you need money all the time, in this case it does not matter what price the main thing is to sell ETH and get money for life. On the other hand, you just want to maximize the profit from mining ETH, then you better keep ETH from selling and wait until the price reaps the highest possible result. Of course, this is a risk, but this is the whole interest to get a double benefit, the first from mining, the second from the rise in the price of ETH.
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March 04, 2021, 01:39:53 PM
 #29

The movement of ethereum in the market that looks quite slow is rising slowly not comparable to its rival, bitcoin if I were you i will sell my etehreum assets and move miner to bitcoin because bitcoin miners are better than ethereum in future

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March 04, 2021, 01:54:02 PM
 #30

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?
Obviously there is nothing much you can do, you have to cashout if you require otherwise you just need to wait and hodl all the mined eth especially if you are bullish about it so it is totally your own choice personally im bullish about eth longterm so i will keep holding for now.

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March 04, 2021, 02:28:13 PM
 #31

i am working with different miner of software comparing with one with the hardware. the returns give of chance as might with the future that i might collect enough for sums as i have expends to work on preparing different server of miners to work with the connection on exchanging credit of token.

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March 04, 2021, 02:31:20 PM
 #32

Disclaimer: "I am not a lawyer or financial advisor. I am simply stating my opinion. If you seek legal or financial advice, please consult with your local professional"

I'm not a miner, so I can't give you a definite answer, but I will say this, you could always look into stable coins. Stable coins don't move much between price fluctuations and are a good way to secure a position during a bear trend (run). It's just another option to think about. You could possibly move over  some of your Eth to Stable coins to stabilize the crypto market volatility. Just something to think about mate!

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March 04, 2021, 04:43:01 PM
 #33

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?
How many ethereum you have right now?
If you have many ethereum, I suggest you hold that and not sell if the price does not reach more than $2k or on your target sell price.
It is better to use a small ethereum to sell and take your profit than to sell out all ethereum because we do not know when ethereum price will increase.
If you can still profit from the mining, you can continue to mining ethereum and wait for the ethereum price increase and sell it at a high price.
I go against your idea, if he has a lot of ethereum in his wallet, he should soon split up and start converting to fiat according to each milestone eth is hitting because we had an ideal year for crypto, the altcoin's value has almost recovered relative to its peak, we have spent a long time waiting and continue to waste time waiting is not advised, it is unlikely that next year will continue to be another high point. And even if we make this small mistake, our mining is continuing every day, the amount of ETH per month still allows us to sell at another peak, less profitable but this strategy is safe

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March 04, 2021, 08:45:25 PM
 #34

ETH is falling but not that bad situation . ETH is that coin that you can safely restore and u'hold it.if you want to soyou can mining  and do what ever you can earn? And hold them for a long term.

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March 04, 2021, 09:02:52 PM
 #35

Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?

If the current correction is delayed, then we can get a strong drop in the cost of video cards, which miners were buying with such excitement. Many miners are likely to panic and start selling their farms on the secondary market much cheaper. And the most experienced and prudent will simply wait out this time and continue to mine coins after a while. Ethereum will of course return its positions, it will not fall much. This is not the first correction and not the last, many traders and miners knew very well that sooner or later it will come anyway.
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March 04, 2021, 09:12:01 PM
 #36


If the current correction is delayed, then we can get a strong drop in the cost of video cards, which miners were buying with such excitement.

Without doing your research and just buying because  you think it's beneficial

things like this will surely happened to you. Strong drop will let you to sacrifice

your investment.


Many miners are likely to panic and start selling their farms on the secondary market much cheaper. And the most experienced and prudent will simply wait out this time and continue to mine coins after a while.

Better understanding to everything before jumping into conclusion, it's unavoidable

as this venue of invesment still uncertain, only for people who can take the big risk

and not afraid of waiting till bounce back happened.


Ethereum will of course return its positions, it will not fall much. This is not the first correction and not the last, many traders and miners knew very well that sooner or later it will come anyway.

very hard and only those who believe that will take this for long term, this current

market movements is not the last, expect for more twist and prepare yourself with

your position to take.

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March 04, 2021, 10:02:10 PM
 #37

if you need why don't you SELL, for now the price of ETH is quite good, it goes up a few%, but if you want to get more profit, just hold it, especially when the FEE of the delivery is very high,

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March 04, 2021, 11:41:11 PM
 #38

if you want to soyou can mining  and do what ever you can earn? And hold them for a long term.
The problem is the mining will not be last forever and he must also try to keep some as his long-term investment in ethereum. Once POS will be fully implemented and miners will be able to get small ethereum from their mining activities and it should be noted if ethereum chain will be running in the hybrid consensus but when it will be fully going to the POS and that will be a disaster.

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BaeSuzy
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March 05, 2021, 01:42:24 AM
 #39

Depends on you my friend, if you believe the price will rise again then you just need to patience and just keep mining and keep calm untill the price ETH rise again.
For me, eth is lil bit shaky because of BNB, i don't even think ETH is good anymore for a long term investment.

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March 05, 2021, 01:50:43 AM
 #40

Maybe just sell some amount that you think enough to keep you going and mining ETH and let hold the rest of ETH when market is bearish. Holding 2nd highest market cap coin doesn't sound too bad and honestly you can also stake it so it's gonna triple the profit when the bull run comes.

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