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7695859 No.7695859 [Reply] [Original]

Invest in Miners or Coins. Also if coins which ones?

Asking for a friend.

>> No.7695871

Fuck off OP. KYS.

>> No.7695902

What is your risk tolerance?
Low = stay the fuck out of crypto
Medium = stay the fuck out of crypto
High = BTC, ETH, XMR
Extremely High = various shitcoin, personally I'm still keen on ARK.

Forget mining, it was barely profitable in 2014 when I did it and unprofitable now unless you can make massive outlays in a country with very cheap power.

>> No.7695969

with 1500 shitcoins on the market its generally not worth mining anymore unless you already have had gear for a while and are already in the green

>> No.7696030

>>7695969
What would potentially make mining more profitable? Other than a crash in GPU prices.

I’ve been looking at setting up a rig this month, seems like it would take a year to get my initial investment back if coins stay the same value.

>> No.7696098

>>7696030
BTC price going up. Mining was very profitable when BTC price was 12,000$+

Only looking at mining if the BTC price goes up. Otherwise looking to invest.

>>7695902

Only the big coins like BTC and ETH. Don't know much about XMR.

>> No.7696259

Start your own company, mate.

Don't know how much money you need to do it in first world country, but it's nice amount of money, where I live.
That's hell of a job actually, but worth it.
You can invest in my business, if you'd like

>> No.7696280

>>7696098
Wouldn’t it make sense to start mining now for when the price does go up?

>> No.7696462

>>7695859

You invest in HST right now and come back in 700 days and enjoy the rest of your life.

>> No.7697314

>>7696462
Just threw 0.1 BTC at it, lets see what happens.

>> No.7697375
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7697375

>>7695859

20k xmr
20k link

seriously