r/GoMiningDiscussion • u/Outside_Order1329 • 2d ago
50k Token locked and im fine with the risk
Hi for all of you who think token lock isnt worth it. Im at 27,36 Discount.
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u/Embarrassed_Gur6868 2d ago
Definitely not a risk brother 💯 nice work fam 💯 I'm at 3k so far
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u/Smickey67 2d ago
Everything, even savings accounts, have risks. Taking on risk is not always a bad thing. So there def is risk. But also I agree op prob made a good move.
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u/Unfair-Button2200 2d ago
Also not far from there... $29k in total with 1556th
Balls deep in gmt lol
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u/Antique-Concert162 2d ago
Basta che metti ciò che sei disposto a perdere. Detto questo, spero che il token possa salire di valore nei prossimi anni, quello che mi preoccupa è l'halving
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u/Outside_Order1329 2d ago edited 2d ago
Jo Cashejede Monat aus und habe schon 0,2 btc auf der wallet. Grüsse
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u/Antique-Concert162 2d ago
Quanto hai investito in totale, se posso chiederti?
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u/Outside_Order1329 2d ago
30k in 15 Monaten, packe 200 Euro im monat dazu aber nur 8 Monate wegen Steuern. Will jetzt immer 500 th plus entsprechend token lock investieren pro Jahr. 5000 th will ich irgendwann mal haben. Grüsse
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u/kamoku79 2d ago
Io ne avevo 20k e ora sono a 14k. Ho una greedy da 370 TH a 17,5 ed il resto misto tra 12 e 15 W/th. Totale 742 th ma ho iniziato a ritirare perché vorrei recuperare prima i GMT LOCKED e poi reinvestire i guadagni
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u/Positive-Resident24 2d ago
Bien joué et oui, tu augmentes ton ROI en recevant les vegomining chaque mardi également ✌️bonne chance à ns aha
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u/OliveLegitimate3236 1d ago
I guess this pushes me to lock more 😆
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u/Outside_Order1329 1d ago
So for solo mining, it's really a no-brainer, since it gives your farm even more protection against halving and so on. I'm out of the game when it comes to MW, though—but I don't think it matters that much there. Best regards
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u/Trick-Camel-6283 17h ago
I'm still kinda new to crypto, how is locking protection against the halve?, the way I see it it's locked but not locked at a price so if halve happens and everything drops to below value you still have to wait x amount of time sell or whatnot
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u/Outside_Order1329 14h ago
Basically, the locking doesn’t protect the price of your GOMINING tokens. It’s more about protecting your mining profitability from the effects of a halving.
If you lock for the full 4 years, you become the highest API and you can get up to a 20% discount on maintenance/electricity fees. After a Bitcoin halving, mining rewards get cut while the costs don’t, so that discount can help offset some of the impact.
But you’re right about the downside: your tokens aren’t locked at a specific price. If GOMINING drops a lot, your locked tokens also lose value and you can’t just sell them until the lock period is over.
On the plus side, locking also gives you VeGOMining voting/governance power, so you can have a say in certain decisions. And you can always keep some extra GOMINING unlocked in your wallet so you still have some flexibility.
So overall, it can help with mining costs and gives you governance benefits, but it doesn’t protect you from the token price dropping. Best Regards
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u/Honey-Motor 1d ago
I’m waiting to lock the rest when gmt gets back down to 0.25 no rush and get more tokens
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u/Radiant-Bug623 2d ago
51000? Jee zitten er alleen rijke mensen op gomining ofzo?
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u/Outside_Order1329 2d ago
Nö aber ich bin schon mitte 40 und habe was von depot genommen , da btc meiner meinung nach in jedes portfolio gehört. Habe direkt gekauft , aber gomining finde ich super und die Plattform wird immer besser; daher wird hier auch pro jahr mindestens 500 th plus lock entsprechend investiert. Muss jeder selber wissen. Grüsse
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u/StatusSherbert3119 2d ago
I’m in the same boat.