Topic: Mining coins save or sell it? (Read 106756 times)
I think that it depends on which coin do you mine. Personally I would hold coins if they would be from top 50. Also it is very important what kind of technology behind this coin. Because if there is no any technology behind it, I would sell it without any doubt.
Well it depends on the coin. First do a research about the coin your mining if you think it's dev have good plans for it in the future, you can consider saving it.I am still mining zer and after hodl for long term.
that's right what you say. and if I myself for the coins that I mine there is a direct I sell for fear that if I run it eventually will scam the coin and there are I keep to hold in the long range as well
For me, it will depend on the situation of the person if he/she will sell his coins. But at this moment I think it is much better to save your coins if you are mining bitcoin or Ethereum because the current amount of this cryptocurrency plummets comparing to last December. But like I said it would depend on the situation of the person if he/she would like to sell or hold it. 
The decision is made if you sell it or you can do it first or if you can improve it We do not know that bitcoin will increase or decrease now Mining is expensive, you need to pay electricity, mining, and only then you can counter on profit. Sell enough to cover your expended , to buy something for yourself,
Well you can divide it save some for future use. Although we have problems with the volatility of the coins but as time goes by certainly when usage goes up value will certainly go up moattet what. So its better to hold some.
I agree, you can put some of it in your wallet or saving account for future purposes. I think also it will depend on the coin that you are mining. When you see that the price was profitable enough then think for it to sell your coin because it may fall again if you didnt grab that opportunity.It is like a 50 / 50 chance for we could have that much earnings. Dividing your earninngs versus dividing your savings is the best practice that we can do. We assure that, we invest what we afford to lose, and not all of our earnings will lose quickly. It is not that kind of hi lo games, which if you are lucky, you win the game, indeed we must know how to handle it
Well you can divide it save some for future use. Although we have problems with the volatility of the coins but as time goes by certainly when usage goes up value will certainly go up moattet what. So its better to hold some.
I agree, you can put some of it in your wallet or saving account for future purposes. I think also it will depend on the coin that you are mining. When you see that the price was profitable enough then think for it to sell your coin because it may fall again if you didnt grab that opportunity. 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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion.
Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price'
Well for me the best way or strategy is to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money Just always keep in mind on proper using it.
Sell or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.
you are right. it all depends on the plan you are compiling. maybe selling will make money, but saving it will probably make the price go up, and maybe you'll get a pretty good price to sell in the future.
Usually those who moan about their daily returns in $ are the same people who mine and immediately dump their coins. Others sell/save in some proportion, then yet others don't sell at all watching coin development and selling at highs.
Once I saved all the extracted ETH and now, as you know, I do not regret it. So I do not advise you to sell anything until it has grown at least 10 times.
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 chance to get more money.
I think. If you are jobless outside here in the bitcoin community then you surely have to sell your mined coins that you saved let's say just for the whole month then pay it for electricity bill. For sure, you should save your mined coins at first, collect them and when the right time come that you can able to earn money from it then sell it.
If I were you, I would save mining coins and than invest them in different projects, especially in ICO projects. This will help you to save your money, to own shares of various companies and to get dividends from its activity.
So, if you have some money, make them work, don't give them possibility to depreciate.
So, if you have some money, make them work, don't give them possibility to depreciate.
Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.
Yeah, I think this is a risk whether u sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope u`ll not choose one of them
Sell or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.
you are right. it all depends on the plan you are compiling. maybe selling will make money, but saving it will probably make the price go up, and maybe you'll get a pretty good price to sell in the future.
In my opinion. Mining is a good way to earn more bitcoins all you need is a power generators and machines to mine which require electricity, if I get a chance to go for mining then I would definitely sell when the price rises and when I am in need, and will invest and start trading to increase the existing bitcoins and its profitability. The value of bitcoins increases over time and so will find alternative ways to increase my bitcoins either by bitcoin lending to trusted people which helps you to get good interest.
Sell or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.
Well it depends on the coin. First do a research about the coin your mining if you think it's dev have good plans for it in the future, you can consider saving it.I am still mining zer and after hodl for long term.
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