Topic: Mining coins save or sell it? - page 16. (Read 106756 times)
I am doing it at a hobby level, I am mining with my graphic cards and keeping the coins mined after converting them to bitcoin. It is wiser to keep them as the price of bitcoin may really go up in October or after it once Amazon decides to make it as an official form of payment in their website. Even if they don't still bitcoin price has a lot of upside potential so it is better to keep rather than save it, of course unless you mine a big amount daily then you can sell some and save the majority.
My plan is to mine alt coins and convert a good amount of them into btc mainly to hold. Whatever left will just be traded another way some will also be sold. It just depends on what happens in the future.
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 you should save and hold your Bitcoins as Bitcoin has a lot of potential and I can assure you that Bitcoin will surely grow on future and a very high price can be expected in future. Can orther explain about its a good point else about the risk its to high to lose to lot on it?
Holding on to your bitcoin for long-term is a good option. Saving your bitcoin when prices are low would also give a high profit when the value shoots up.
Saving is good my mate but is it more good to invest it, investing is the source to increase your money. Bitcoin is one of the best sources of income. It is the chance to make your future bright and to make more money by just holding your bitcoin for the long time. Currency really matters the bitcoin is high in price and it will help the investors to invest in bitcoin and save it for the long time in your bitcoin wallet.
If you are actually able to profit from mining bitcoins then you should most definitely save it as the value will grow over time significantly so it's best to get comfortable sending, receiving coins and storing keys.
as different strategy with the chance of occupation gives with the wider on option as miner to work with the collection of coins,
the focus should be of one with the beginning initials as extending absence on supports with the past terms of work with the early adoption of experience to gives with the strength on accuracy as ideally miner to work with confidence.
the focus should be of one with the beginning initials as extending absence on supports with the past terms of work with the early adoption of experience to gives with the strength on accuracy as ideally miner to work with confidence.
Holding on to your bitcoin for long-term is a good option. Saving your bitcoin when prices are low would also give a high profit when the value shoots up.
That is right, always save the coins for long term so you will have a great future with your holdings because if you will not hold them for long term then there will be a chance that you will regret that decision and if you are going to think for the possible coins to hold in long term then do some background research first to know if it will have a good future.
Holding on to your bitcoin for long-term is a good option. Saving your bitcoin when prices are low would also give a high profit when the value shoots up.
I am not a miner. but I think most of large mining organizations are marketing most of the new coins soon after they are mined . simply because they are seeking for rapid profit and they do want to go over their expenditures
Save unless you need it now. Don't get to hasty alot of us here regrets not saving bitcoins a year ago. 
you can get more out of your coins of you invest it.
Don't sacrifice your needs always invest after your secure the money for your needs, we see there is an opportunity but this opportunity does not guarantee profit because it could also fail. We mine coins and we do consider this as a business and it's just right to also save when we believe that the value will appreciate, we help bitcoin to be more efficient because we took part of the operation to create a transaction therefore don't allow yourself not to benefit on this in the future. you can get more out of your coins of you invest it.
I keep almost everything I mine, just sell occasionally to get more mining equipment. Unless you ming on industrial scale it's IMHO not wise to mine and dump instantly.
If you keep mining but you are keeping it, how can you sustain your mining? We know mining isn't cheap, power consumption is expensive. So there will come a point that you have to sell some of what you mined for your operations cost. Just like having a business, profit comes after you subtract expenses from your income. And maybe you mine for the goal of having excess coins for profit. Just so to know if your mining is really profitable or not.
I think bitcoin mining is still profitable, remember bitcoin prices have reached $ 4200, if the cost of electricity is not more than 10 cents then with S7 bitmain we can already RoI about 4 months.
As far as you think mining is profitable. Ii think all of these are very much profitable and can help you earn a lot of money. This entirely depends on what you have in your mind. The only thing which matters is your skills. If you can make money by mining, then go for it. Otherwise choose the best suitable option. 
Save unless you need it now. Don't get to hasty alot of us here regrets not saving bitcoins a year ago. you can get more out of your coins of you invest it.
you can get more out of your coins of you invest it. 
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?
As soon as the price of bitcoin is higher you should sell the half of it because we can't predict bitcoin its either the price is increase or decrease. If bitcoin has a high price sell it and dont wait for your regret and after that earn again. That is bitcoin it is a continous process earn, sell and earn again. Can orther explain about its a good point else about the risk its to high to lose to lot on it?
I believe there is too much hocus pocus ongoing with all the altcoins. A number disappeared already or were simply abandoned. Some came back to life with some pump and dump schemes. Not really worth to mine any of those that still create some reasonable amount of coins if you don't know where they are in a year, if they are. I'd suggest to go to some exchange dealing with altcoins and purchase a couple of millions POS coins and let the wallet do the staking rather than mining.
It depends on the price, if the price at that moment is very low i think you should save. Cause your coins are mined so their not valueless, so soon or later it gonna raise the price for sure.
It would be better that you will save it so that you will gain more profit that selling it right away. But the problem is you have to pay for your electricity bill and to cover that expenses you need to get it from the coins you mined. That is why its not advisable to do mining when your electricity rate is high. I suggest its better to do trading that mining instead of buying mining rig use the money to buy altcoins instead.
You are right dear mate because it is the good option I think it is good to sell the bigger part of the mined coins to pay your tax and the other expenses because it is good to pay tax with bitcoin than breaking your bitcoin but it depends on your will that you want to sell it or save it so do what makes you happy but according to me it is good to save your bitcoin than wasting it. 
I think you should save it because the coins that you mine will have a good price in the future if you just hodl it and trust it. Only sell your coin if you have expenses to be paid like electricity or you want to buy some groceries or any emergency happens. But it's up to the one that is mining if he or she wants to sell it quickly for assurance.
I think bitcoin mining is still profitable, remember bitcoin prices have reached $ 4200, if the cost of electricity is not more than 10 cents then with S7 bitmain we can already RoI about 4 months.
If your electricity price is lower than $0.2/kWh, it is still profitable. But the difficulty is rising fast.
Jump to: