Pages:
Author

Topic: Mining coins save or sell it? - page 65. (Read 106756 times)

sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
June 07, 2016, 10:43:20 PM
If you are mining an altcoin having longer future like ETH keep it for a price increase and if it has no solid dev team sell it whenever you are in need of money or there is too much hyp of that coin.
hero member
Activity: 1372
Merit: 564
June 07, 2016, 10:39:48 PM
If you mined it that long maybe holdinh it for a year or more  and wait for its price increase and then thats the right time to sell it to have a bigger profit on wha you mined for too long time.You just need to take tisk to get richer on bitcoin industry,no risk no money no risk no profit in this industry.Or you can also split the coins you mined between for selling and saving for future that would be good
sr. member
Activity: 448
Merit: 250
June 07, 2016, 10:10:42 PM
If you are mining you can now better save them for later because the future for the bitcoin is gonna be very good if you ask me because it has a very good future and it will increase in its price.
hero member
Activity: 616
Merit: 500
To God Be The Glory!
June 07, 2016, 09:51:54 PM
like everyone said keep your coin until the current price purchase is double the price in this strategy you will gain profit 100% but the only thing is you will never know when will it be. for me go for ETH it has lot of potential(just my opinion.)
sr. member
Activity: 406
Merit: 250
June 07, 2016, 09:24:43 PM
For now its better to save it and wait for the halving or just invest in trading sites like yobit to earn more bitcoin. buy with cheap altcoin and sell when the price are pumping!
sr. member
Activity: 313
Merit: 250
June 07, 2016, 08:07:35 PM
It is definitely easier to just invest than mining for the coins yourself. The days of when you could mine bitcoin and most altcoins are all but gone.
However profitability is going up as of recent! So maybe there is hope for casual miners.
full member
Activity: 164
Merit: 100
June 07, 2016, 02:40:01 PM
I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.

If you do not pay for the electricity, it is better to mine. Otherwise, it is better to buy and hold the coins.
legendary
Activity: 2184
Merit: 1012
May 29, 2016, 06:38:43 PM
I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.
If the halving is not sitting in price and I am afraid as if we did not wait for an extreme drop.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
May 29, 2016, 04:25:55 PM
I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.
sr. member
Activity: 552
Merit: 250
May 29, 2016, 10:31:48 AM
I used to do some mining in the past, some time around early 2014. Spent about $800 on the ASIC miner and mined only 0.5 BTC- which gave me about $1600/BTC without taking in account the electricity!!! Mined for about 210 days, the production was 0.01 per day dropped to 0.0001 (or less).

However, no regret at all. The process of setting up the miners, configure the cgminer etc etc have definitely help in my understanding of how BTC works, which worth more than the $800 I spent.
sr. member
Activity: 322
Merit: 250
May 29, 2016, 04:23:36 AM
Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.

Can orther explain about its a good point else about the risk its to high to lose to lot on it?

I think it's a great way, but I recommend first analysis coin would you mining. Because who knows that coin will be shitcoin in future, and you will got a loss. thank you just my little opinion Cheesy
sr. member
Activity: 378
Merit: 251
May 28, 2016, 06:55:24 PM
I think that better to sell bigger part of your coins to live and pay your taxes and etc,  other part need to save, cause halving is coming and we have chanse to get more money.
newbie
Activity: 10
Merit: 0
May 28, 2016, 02:40:12 PM
hedge your bets if you need the money bro and sell some of it.
legendary
Activity: 840
Merit: 1000
May 28, 2016, 02:34:07 PM
In my eyes you can better now save them for later because of the halving that is coming this year.
This year will be a very good year without any doubts due to this fact saving is better.

Mining can be an expensive affair at this stage, the best and safe way is to save your coins for next few months, halving is near now so we can make good profits at that time.
sr. member
Activity: 462
Merit: 250
May 28, 2016, 02:17:47 PM
In my eyes you can better now save them for later because of the halving that is coming this year.
This year will be a very good year without any doubts due to this fact saving is better.
hero member
Activity: 798
Merit: 1000
May 28, 2016, 01:11:19 PM
Yeah me too, I can't mine coins too may be because lack of enough knowledge or I don't really have more time to spend about it. For me you can sell your mined coins if you think you can get profit from it now but if not, then wait for the increase value. Just be optimistic and it will happen.

If you don't have proper knowledge of mining then you should stay away from it as you cannot take risk with your money now, its better to buy and save for future.
hero member
Activity: 2464
Merit: 594
May 28, 2016, 12:53:24 PM
Yeah me too, I can't mine coins too may be because lack of enough knowledge or I don't really have more time to spend about it. For me you can sell your mined coins if you think you can get profit from it now but if not, then wait for the increase value. Just be optimistic and it will happen.
hero member
Activity: 952
Merit: 1000
May 25, 2016, 06:58:52 PM
I will never afford to mine at this stage as its not profitable enough, its better to buy it an hold it for next few months to gain profits from it.
sr. member
Activity: 364
Merit: 250
May 25, 2016, 09:39:07 AM
Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.

Can orther explain about its a good point else about the risk its to high to lose to lot on it?
its depedn on how much can you get from mining that coins,daily or weekly,if you can earn many coins,its time to sell that coins,not too good if you hold that coins,but if you just earn little on daily earning,its bad for sell directly after mining.
The best thing that you can do is just holding it now and you also can see now that there are a lot of people that is holding it because they know that it will be more worth in the future.
So that is really nice for the Bitcoin itself but you never know of course what will happen with the value.
sr. member
Activity: 364
Merit: 250
May 25, 2016, 03:20:24 AM
Mining coins are good to sell right away some times because you do not have to invest to all the money you get from them is profit. It is smart tho tio try to hold on to some for the future price that is coming closer.
Pages:
Jump to: