So with today's x11 profitability dwindling down to mere dollars per day for those that purchased Antminer D3 there seems to be quite the panic in terms of the ROI of their machines today. I'm going to talk about the few things that may be of interests for those that are considering different ways to try make their investment be a rewarding one than a regretful one.
I personally have an Antminer D3 myself and I've been struggling and struggling to find a way to generate profit out of them. Personally what I've decided to come up with is a way that sounds quite foolish but in reality it might actually pan out. There's still many coins that I believe that could be a potential diamond in the rough and I've been mining these following coins: ONIX (ONX), INFLUX (INFX), Marijuana Coin (MARI or MAR), and as well Monetary Unit (MUE). The reasons why I believe in these coins is because I follow a specific guideline when doing research on these coins.
The guideline principles that I follow consist of whether they have a good development team, the activity of the team via social media. As well how many followers that are currently with them with POSITIVE things or aspects to say about their project. And last the functionality of the coin and why it would be ideal or useful for general public use.
These coins are currently undervalued and I believe have one of the greatest potentials maybe not $600 valuation worth but at least a potential to crack that first $1/coin threshold.
Another reason I'm holding these coins rather than quickly dumping is to protect the overall value of the coins rather than tanking the price down to where the price isn't attractive for most people and it'll definitely stunt the project of the coin due to it's low value is something I strictly tell people DON'T. The reason is that you will not get a faster ROI on your coin, you are looking for the quickest method to get your ROI, you're beating yourself up for purchasing that you thought was a golden egg but in reality you're really hurting everyone by dumping these coins for such small returns.
My suggestion for you all is to do more research, hold the coins that you believe that can moon and who knows maybe your investment into these x11 miners could potentially be the best thing in the world, but we cannot assume so with the consistent dumping of these coins. But instead it's time for you to buckle down, get that dual monitor action going, get some coffee, and get that list of x11 coins you've been planning to do and start putting in those hours into researching. Trust me it'll pay off ;)
That's all for now,
Take care.
I totally agree with you. HODLing is the best way of pumping the value of a coin since you create demand. The second part I agree with you is your way of thinking about the research of coin. The dev team is very important in a coin as well the purpose of the coin.
that is really happening right now. dash is also mined directly and also used as payments on multipools. if you observed the price increase of onix, that's the thing.
Yeah that's the thing I'm following currently,
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