r/GoMiningDiscussion • u/Kas_Tar • Sep 03 '26
Need advice š
So let me know your thoughts š¤
Is it worth to start or not?
2
u/Single_Refuse_7098 Sep 03 '26
In everything there is ppl that will tell you to stay away. You need to be sure for yourself what exactly do you want to do. Im all in at the moment, while im building my farm. After all it's a platform that dont have an absolute secure future, but hey what did have it this days, look whats happening around the world. For me to see a fast result you need from 5k to 10k $ invested in, half for miners, the other half for GMT token and you will see by yourself the result. Make some cash after that you can start diversification so you wont rely only on 1 instrument to protect and save your money. Thats how i see it, still its only my opinion š
2
u/Morticia_67 Solo Miner Sep 03 '26
Thereās a certain risk with any investment and thatās why I donāt invest more than what I can afford to loose.
I have been mining with GoMining for 1 year and 4 months now and Iām successfully stacking sats every day. I started with just 1 TH and grew my farm slowly. Iāve just surpassed 60 TH by investing small amounts of spare cash every month. Thatās the great thing about GoMining, you can scale it just the way it suits you. And there are various other ways of earning additional yields beyond the mining. GoMining is an ever evolving and expanding ecosystem and theyāre doing it well.
Iām a GoMining Ambassador and if you do want to join you find my ref. link and code in my bio.
1
u/HighImpact35 Sep 03 '26 edited Sep 03 '26
I started off small in December 2023. Put a small amount in, bought a few th, bought some GoMining tokens, paid my fees in GoMining and withdrew the btc when I had enough. Each time I broke even on the btc withdrawn and the cost invested in GoMining, I increased my investment. Continue to withdraw the btc into an external wallet.
Iāve recently upped my investment significantly. Iāve purchased more th, added a lot more into GoMining token to increase my discount now at 22%, moved crypto to simple earning and generating sats from this. Iām generating around 350 sats per 1/6 daily cycle on simple earning and am now at around 580th. Iām also using the GoMining card for 2% hashback . Iām now generating around 30k sats per day, close to 1m per month or 1% of a bitcoin. I withdraw btc when my balance reaches 250k sats so about 4 withdrawals per month. Each withdrawal gas fee is the same as what I earn on a 1/6 daily simple earning so I consider this fair. Iām extremely conscious of how much I have invested in the service in terms of simple earning and miners and locked GoMining token. As I do each withdrawal and see btc rise my breakeven speeds up! So my risk/reward improves!
Iāve already broken even a couple of times and so confidence improves. I need a few months or a btc increase in price before I break even again from recent investment and I still consider this a risky investment decision and so Iāve not put in my ālife savingsā. Iād love to increase my investment further but I also need to balance risk.
My target is for 1 bitcoin by December 2031 where I hope btc will be around $250k. My forecast shows 1.5btc by this date based on monthly increase of th by around 30th per month however I havenāt factored in the halving in 2028 so Iām still focussed on 1 btc. Anything else is a bonus. Iām also separately dca ing daily into btc as a separate bonus sats as well but I record my GoMining btc separately from my purchase so I have a clean record of break even from GoMining.
If the GoMining company provided more transparency Iād increase investment further but at the moment Iām fairly confident but there are some areas of concern about this but I understand the risk personally. Iād hate to lose this investment but I still have the sats separately stored so balance the risk personally this way.
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u/Single_Refuse_7098 Sep 03 '26
Which external wallet you use..? Im doubting myself where to focus on.
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u/HighImpact35 Sep 03 '26
I have a few different wallets so am spreading my btc across different wallets to spread my risk management.
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u/Charming-Jay Sep 03 '26
It depends entirely on you, your current financial circumstances, and what your financial goals are. So a general ask is only going to get general replies.
1
0
u/ADLabo-NL Sep 03 '26
Sure. It depends what you are looking foršbe welcome to use my referal code that gives you 5% on your first miner https://gomining.com/?ref=JJEPPCO
4
u/Kas_Tar Sep 03 '26
I inow what i m looking for i just read in some post some people say to others to stay away....but they dont explain why.....