I'm still fairly new to Crypto, only bought some BTC and ETH and the rest I have mined using my GPU on a solar grid, I have mostly mined alt coins via Unmineable and stake them on Binance for se monthly return. Should I exchange these coins for BTC and ETH or leave them for a while until the price raises, or monthly staking drops low?
The alts I am referring to are CAKE as I get a very high stake interest. And then I am holding some ADA, LUNA and SHIB.
Keep long term? Trade now for BTC/ETH? Or wait for value to rise and then trade?
I'd appreciate some input, thanks.
Edit: Thanks for all the replies and insight. So what iv decided to do is once my stake period is over I will convert CAKE, SHIB and the tiny bit of DOGE I have to BTC and ETH (50/50). I will keep my LUNA and ADA. I plan to keep my crypto for long long term, I didn't technically pay for them so have no need for the money so might as well hold forever. I will then continue to use NiceHash to mine using my solar grid until ETH merge happens and I can no longer mine ETH to BTC. Thanks again everyone.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments