Just set up my new L7!!! I’m averaging about .44LTC/

Question

Just set up my new L7!!! I’m averaging about .44LTC/

24 hours, and I ordered back in November so I’m pumped to have finally started the journey. Also I was looking to put about 50% of my coins into an APY account. I was thinking of Coinloan, because they look really solid, plus I’ve used them before. But I was curious what APY platforms you guys use? I see for LTC Nexo has a high APY.

#blockchain #cryptocurrency #english #ltc

0

24.03.2022

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Turt C Автор вопроса

Rosh
Man the profitability of that machine fell like a ...

Well if I bought the same amount in LTC back in November I would about 100-150 LTC, with about a 30-40% loss. I don’t see the ROI drop as something that bad since I’m bullish on LTC as a whole. It allows me to basically dollar cost average in everyday with a machine that holds value and allows me to accumulate more LTC. My biggest concerns are 1) miner competition- potentially decreasing L7s hold as market leader and resale value down the road. 2) how much the difficulty increases. My rate of LTC at this difficulty is estimated to be about 0.44/day which would put me at around 150 LTC this year

0

24.03.2022

Rosh · Accepted Answer

Rosh

Man the profitability of that machine fell like a lead balloon. The ROI was few months last year and now its one year. Its safer to buy crypto with the money instead. Once more of these machines start flooding the market the difficulty will skyrocket

0

24.03.2022

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Just set up my new L7!!! I’m averaging about .44LTC/

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