💥PLAN BUY $BTC ACCORDING TO MINING PRICE! WHY NOT?🤔🤔
In the previous cycle, finding out the mining price of 1 BTC to estimate the bottom price was something very advanced, only long-time crypto people or miners were interested.
🤔But in this cycle, I see that many people in the community have started to pay attention to the concept of "the cost of mining 1 BTC", and then based on that, build an investment strategy.
In fact, this is the right strategy. Because we are all just traders, buying and selling to make a profit, so we are forced to monitor the original price of the product (BTC), so that we do not buy and sell at a loss.
Many people have successfully applied and bought BTC at 3k - 10k USD (in 2020) and 16k - 25k (in 2023).
👉However, whatever the crowd pays attention to, the bookie will find a way to cover it up, or confuse it to make people confused and make mistakes. Currently, many top news sites give the BTC mining price as 36k$, then 45k$, even 80k$??
=>>> Because the information cannot be covered up, the creator is trying to spread different news to confuse the community. 🤔
💵 SO HOW MUCH IS THE CURRENT MINING COST OF 01 BITCOIN?
Vietnamese miners also have an advantage in electricity prices, so the cost of mining BTC at some farms is falling to 40k - 45k$.
This price is quite close to the $36 - $40k announced by some large mining farms in the world, so it can be used as a reference for investment planning.
During the Bitcoin dump in early August, the price reached $49k, approaching the $45k mark, which is also a large support zone on the 1D frame.
👉Therefore, my strategy is that in case BTC tests the bottom again, or hits $45k, I will buy more BTC.
What about you guys?If the price of $BTC is 4xk, should I buy it or am I afraid of cutting my hand?
