What coin should I buy to get a guaranteed profit in 2 years?
In this case, the choice is yours.
Nobody talked about "guaranteed profit" but chances as high that you can make profits given that the market is already down.
Bitcoin for example was $16K not so long ago, today it's $23K. Is $32K (100%) hard to achieve any time?
Doge was $0.07 not so long ago, today it's $0.08... is $0.14 hard to achieve in the next one or 2 years?
I am talking about realistic targets here given the time frame I stated. Ethereum POW is gone. Can you even dream of turning $3K to $6k in the next 1 or 2 years, mining in this bear market using a 3k mining gear?
What if you need money and sell coins at a lower price?
Why would you sell at a low price?
What if you need money to pay for bills, and you sell the mined coins at a low price after investing the $3K. Does it make any sense?
Mining gives a constant and guaranteed profit every day if you have inexpensive electricity and you can service your mining farms yourself.
IF electricity is inexpensive. I know there are very few places where electricity is not expensive. Now what if OP is not from such an area, what advice do you give him?
I was only giving him an alternative and it's surely not bad.
well this is a very interesting question about dreaming to make 3k into 6k via mining.
I purchased 10 l3+ for 1000 usd in december 2022. they use 7kwatts an hour or 170kwatts a day100
or 5100 kwatts a month they are about 5gh and earn 15 a day that is 450 usd earned
and in my home it would be 700 power cost. but at my mine 225 power cost.
so I got back 675 in profit.
now back to if i had them at home i would have burned 2100 in power save 300 on heat.
net 1800 to run them earned 1350 in coin.
so 1800-1350= 450 loss and they cost 1000 so 1450 out of pocket.
but they are selling for about 200-250 so 10 x 200= 2000-1450= 550 profit in three months if i kept them at home.
L3+ are not very loud and they are very reliable.