Money Talk

Prices falling

Submitted by isharpy, , Thread ID: 82631

Thread Closed
01-04-2018, 08:40 PM
#1
The prices are falling massively for lots of cryptos, would this make mining not worth doing even more so now?

RE: Prices falling

#2
Not really because the difficulty isnt falling as fast as the price, so your actually making less. The best time to mine BTC was in November 2017.

RE: Prices falling

#3
No, you'd still be making the same amount of whatever crypto you was mining but the price of it is lower making you earn less money at that moment but if the prices ever go back to normal it'd be fine.
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RE: Prices falling

#4
04-04-2018, 10:31 AM
Starfola Wrote:
No, you'd still be making the same amount of whatever crypto you was mining but the price of it is lower making you earn less money at that moment but if the prices ever go back to normal it'd be fine.

^this

your only chance to win out of the price falling is to buy some and sell them later when the price is raising (sry if its bad english, idk how to write it otherwise at the moment)

RE: Prices falling

#5
As far as I would say; Bitcoin is on it's way out, and beause that's where most of the money is, all the other currencies are suffering because of fear that the same thing will happen with them... It's good and bad.
If you really look at it, they're all based off Bitcoin, but a lot are still rising faster than they're falling because of BTCs price.
I think ETH will some day take the place of Bitcoin as king, and hopefully people don't pump a shitload of cash into it again, causing it to fail like Bitcoin as well...
"It never hurts to keep looking for sunshine" - A. A. Milne

RE: Prices falling

#6
I think that theyre just going back to stable after the big boom. I think theyll eventually rise again

RE: Prices falling

#7
the price will follow the BTC price.. so BTC price will go down....

RE: Prices falling

#8
If you don't mind to hold it for a while, get some and in the future, with luck you can sell it for more than you paid.

RE: Prices falling

#9
Price will keep getting low. As the BTC price coming down and all other crypto currencies directly related to BTC.

RE: Prices falling

#10
Don't worry they will sky rocket high I guess, we just have to wait patiently.

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