Create account

replied 2245d
From what I understand... It's more profitable to mine BCH...
replied 2245d
Market depth matters. BCH markets are a lot weaker than BTC or ETH. It might seem more profitable if you only look at the current price, but that's only half of the story.
replied 2245d
Thanks for clearing that up
replied 2245d
Exactly......
replied 2245d
But the quarterly thing is something only sophisticated investors do. The public never does quarterly earnings.
replied 2245d
1 year investment periods vs daily. BTC is way more profitable because of the annual gain in price. Often if you sell quarterly you make 10X more gains then selling BCH daily.
replied 2245d
I guess the timing on when you start to mine helps too
replied 2245d
Ya that's why industrial miners look at quarterly charts. Just like corporate firms do.
replied 2245d
When do you begin your first quarter?
replied 2245d
Lets just say take a look at a bitcoin legacy chart and look what happens every December and February. If you tell me the trend then you are a worthy student. <3
replied 2244d
Thanks for the advice J. That was really nice of you
replied 2244d
<3
replied 2245d
Well that depends. Usually even though in the short term in USD equivalent BCH is more profitable. Bitcoin is still more profitable if you sell on a quarterly basis. When you look at..