One of the essential data to consider when making your mining investment is the volatility of the mined area.
Cryptocurrencies are highly volatile assets and it may very well be that at a given moment the volatility of crypto-currencies is high and the return on your miner is higher than normal.
It is therefore very important to study this volatility and the price of the crypto-currency and not base your investment only on the current price of the crypto-currency in question.
Some advice on this subject:
- Always study the evolution of the price of the coin linked to the crypto-money over the last 12 months.
- If the volatility of the coin is very high, take into account the returns of the miner during the period when the price of the asset was low.
- If the miner has been profitable only for a few days, wait a few weeks before confirming its purchase, sometimes this can be a temporary event.
- Always project yourself to 1/2 years to be able to make your mining investment profitable.
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