Can anyone help me?
Should you invest in a digger at this point?
That's a good question.
In the crypto-World, it is common to read and hear (Youtube): invest only what you are willing to lose.
This is especially valid when you want to speculate only on the exchanges that have multiplied since 1 year.
With mining, it's a little different. You will have to buy the equipment, which requires some technicals knowledges, although this last year, RIG mining are sold all mounted and ready to use, I do not recommend. You risk to loose some interest tu mount yourself you own machine. That is an amazing task.
Of course, all this has a financial cost (the hardware cost has dropped a little since the last two months, but the difficulty of the main cryptos has also increased sharply, except for XMR since they forked).
In addition to these parameters to manage, you will have to spend a lot of time maintaining, optimizing and updating your machine. This is not a problem for technicians, engineers and other geeks who spend a lot of time in their spare time.
Finally, although this is not obvious, you will also have to trade (and learn how to do it! What in my case, is far from a panacea because I start from ZERO!). Yes, to trade because it is very obvious that it will be necessary at the right time and not to sell down or buy high (because you will do diversification inevitably).
Conclusion: Only YOU, have the answer to this question. What is cartain is that no one can win more without taking risks. And you will be without stops subject to your emotions during the bearish period as bullish, oscillating between depression and euphoria. All humans traders knows that, and they have to control themselves to be raesonable in their positions.
I repeat: invest only what you are willing to lose. Do not beat speed and precipitation.
And start with a RIG of 2 or 3 GPUs, no more. This way you can get an idea of the time it can take to maintain, monitor and optimize. Then, if you think it's worth it after 3 or 4 months, then make two small RIGs (6 GPU) or a big RIG 12 GPU.
Happy mining
Translated with google translate
