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RE: My Journey into Crypto Mining and Should You Follow?
It's a super fun and addicting hobby. No guarantee you will make your money back even in the long run. Usually it's better to invest in the coins themselves but sometimes mining can be profitable
Mining is more about patience than anything. Maximizing profits takes nerves of steel. It's easy to sell right away, but sitting on your stash and selling when the market is going up is where the real profits come from.
I agree. I didn't invest in my rig, just using videocards i obtained over the years so no concern about making money back. I mine newer coins that I feel could develop into something strong and hold onto them.