2025-12-24 15:26:25

I spent the whole day yesterday messing around and finally earned $100 in mining profits. Excited, I opened my wallet to check, only to find that the total balance was still the same as before, or even less. After a careful check, I realized— the token price had dropped by $100, completely offsetting my earnings. This is already the multiple times I've reduced my position. To be honest, I no longer expect to break even now; I just hope the token can slightly rally so I have a chance to clear out my position, at least lose less. It feels like earning money on one hand, while being taught a lesson by the market on the other. Sometimes, I really feel powerless.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
5
Repost
Share

Comment

0/400

CryptoNomics

· 2h ago

ngl, this is just textbook negative carry on your mining yields. if you actually ran a correlation matrix between your block rewards and token depreciation, you'd see the inverse relationship is statistically significant at p<0.05. classic case of confusing gross income with net position change.

Reply0

SleepyValidator

· 2h ago

Mining profits are directly eaten up by the coin price, which indeed feels hopeless. It's basically a gamble against time.

View OriginalReply0

LayerZeroJunkie

· 2h ago

This is the daily life in the crypto world—earning as if playing, losing even faster. Mining profits are directly wiped out, I'm numb. Rather than saying breaking even, it's more about just wanting to survive now. It's truly hopeless—earning money while being cut off, this kind of business is unworkable. Clearing out is the way to go; stop messing around, brother.

View OriginalReply0

CodeZeroBasis