Quote (NinjaSushi @ Aug 29 2017 10:28am)
Not really. I'm thinking profit. You have to mine for a year to break even and that's if the value doesn't drop. Hard pass on that. You could play the market a few times and make way more money.
My 10 1/2 month prediction has already turned into 7.5.
I'm saying that, at the end of the day I have a physical items that hold value. Cryptos don't do that, they have speculative value
I'm not saying your wrong but when I have an asset that I paid less than $3000 for and pay sub $100/month for electricity it's worth it to me in the long term. If the coin stays above $300, I earn over 300% profit each month.i find this method much more worth pursuing because you're not getting 300% monthly after your initial $3000 coin purchase. I see it as safer really. Again, you're not wrong, I just think mine is a better alternative to purchasing
Also, super fun to build lol
This post was edited by Penguins0690 on Aug 29 2017 11:49am