Ethereum now at 380.9$ USD
https://www.ethereum-price.com/
Wow - what a journey.
When I looked into Ethereum first a few months ago it was at $53.
I ordered some GPUs and other parts to build a mining rig -they all finally arrived last week and I have a rig mining now - the price is already at over $380 per ETH.
I have parts for another 11 rigs on the way....
There's a worldwide shortage of GPUs and some difficulty getting decent PSUs and Motherboards - so you just know people are jumping all over this right now.
As a trader I usually focus more on trading what I have, but right now just refreshing the browser on the mining pool and watching the price of ETH going up is pretty exciting too.
I know the window of opportunity for mining ETH is closing all the time so it's a bit frustrating to be waiting for weeks for all the required parts to become available, but as a techy I am also enjoying building the rigs, testing the different operating systems and mining tools and testing different pools.
It's all good from my point of view, but occasionally I do also wonder "how high can ETH go?"
I have a slight dilemma in that I want to make some money and keep building more rigs, but I don't really want to be selling ETH right now either :)
What's your thinking about ETH now?
I've seen people from about a year ago saying it was already too late to get into mining but things look good right now.
Andy
Hey man, thanks for sharing! I just sold my Eth at 420,i bought them at 350 and I got around myself a decent profit. I am satisfied with it as i dont think Eth can continue to rise much at the moment, crytocurrency market based on demand so much that it makes panic sell really common, I'd rather earn less then lose a bunch haha
I'm holding most of mine as I believe there's a LOT of room for it to grow, and it doesn't matter if it retraces back down a bit - I'll hold and sell when it's up a lot higher.
I'll be taking some profits every month purely from all my mining rigs, but it'll be a spread across exchanging for other crypto currencies, buying more rig components and taking some profit. So it's all good :)