Mining strategy

Reasoning about bitcoin mining strategy

1. Store bitcoin: keep bitcoin cold in your wallet. Do not use exchanges and other crypto projects for storage.

2. Duration of storage: hold bitcoin for at least one cycle, which is 4 years. And be sure to hold for at least 1 year after halving the cryptocurrency.

3. Electricity payment: electricity to pay from the extra income, because the cost of electricity reaches 20 to 50% in mining. And with the growth of bitcoin, you will not make extra profit.

4. Psychology: Do not get emotional, and if possible react coolly to bitcoin volatility. There is always a calm after the storm.

5. Exit point: Willingness to make long-term investments and patience to wait for the realization of the potential growth of cryptocurrencies.

HODL’s strategy is based on the belief that the bitcoin cryptocurrency has potential for growth in the long term. Read the analytical article: Bitcoin value in the future

DISCLAIMER: This information is not an instruction for action or a recommendation, but is the opinion of our experts.

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