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/biz/ - Business & Finance

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2960195 No.2960195 [Reply] [Original]

Sup /biz/, a few points for conversation:

How much would you consider too much to be held on an exchange?

Would you consider a asic a "smart" investment?

How many different crypto would you invest in before you consider yourself overextended?

>> No.2960200

>>2960195
>Would you consider a asic a "smart" investment?
No.

>> No.2960225

>>2960200
Why not?

>> No.2960237

>>2960225
difficulty adjustment.
mining will always be marginally profitable.

>> No.2960265

>>2960237
But there many coins out there and anything made after paying back the cost of the miner is gravy

>> No.2960281

>>2960265
if you can pay back the cost of the miner.
we're in a bull market so it seems easy right now but you haven't seen what the 2014-2016 bear market was like.
If you insist on mining, mine GPU algos.
at least you can sell the GPU on ebay.