Mining coins save or sell it? - page 29.

ChronoLite

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Quote from: phaddie on March 11, 2017, 06:55:58 PM

Quote from: Antoshka on March 11, 2017, 12:19:10 PM

Quote from: Text on March 10, 2017, 07:01:47 AM

Mining an altcoin now is worth it but for bitcoin I don't think so. But we should always remember that we are taking risks, we don't know if that altcoin can survive in the crypto world for a long run and can help you to make profits. It requires outstanding hardware components for you to feel that you're really earning...

I agree with you, it's very hard to get bitcoins on your computer. It is necessary to make large investments in the purchase of equipment and payment for electricity. In the end, you get very little

Its not worth to invest in mining now as it will require capital to buy equipment and if electricity cost is higher in your country then it won't give you the best profits that you are looking for so the best thing to do at a moment is buy bitcoins and save them for future to earn good profits.

Indeed, but if you mining altcoin that's a different story because you don't know how much the price in exchanges if they listed in. Mining altcoin is same like gambling because you also don't know which coins is profitable to mine or no scam.

phaddie

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Quote from: Antoshka on March 11, 2017, 12:19:10 PM

Quote from: Text on March 10, 2017, 07:01:47 AM

Mining an altcoin now is worth it but for bitcoin I don't think so. But we should always remember that we are taking risks, we don't know if that altcoin can survive in the crypto world for a long run and can help you to make profits. It requires outstanding hardware components for you to feel that you're really earning...

I agree with you, it's very hard to get bitcoins on your computer. It is necessary to make large investments in the purchase of equipment and payment for electricity. In the end, you get very little

Its not worth to invest in mining now as it will require capital to buy equipment and if electricity cost is higher in your country then it won't give you the best profits that you are looking for so the best thing to do at a moment is buy bitcoins and save them for future to earn good profits.

Vaccinus

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Quote from: trinaldao on March 09, 2017, 08:53:36 PM

now im focus at mining altcoin with directly bitcoin payment at nicehash.
i think its good to start keep holding bitcoin at this moment, dont use it except for buying new vga

nicehash pay way lower than other pool, it's better to mine altcoin directly than making nicehahs dumpng for you, but if you mine altcoin directly, it's better to dump those that have uncertain future and keep the storng one

Antoshka

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Quote from: Text on March 10, 2017, 07:01:47 AM

Mining an altcoin now is worth it but for bitcoin I don't think so. But we should always remember that we are taking risks, we don't know if that altcoin can survive in the crypto world for a long run and can help you to make profits. It requires outstanding hardware components for you to feel that you're really earning...

I agree with you, it's very hard to get bitcoins on your computer. It is necessary to make large investments in the purchase of equipment and payment for electricity. In the end, you get very little

Text

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Mining an altcoin now is worth it but for bitcoin I don't think so. But we should always remember that we are taking risks, we don't know if that altcoin can survive in the crypto world for a long run and can help you to make profits. It requires outstanding hardware components for you to feel that you're really earning...

trinaldao

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Post your ann & bounty just contact me

now im focus at mining altcoin with directly bitcoin payment at nicehash.
i think its good to start keep holding bitcoin at this moment, dont use it except for buying new vga

bravehearth0319

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Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

If you see that you are getting profit on doing mining, it is good to save majority of you coins, though you can do sell anyhow of few of your coins sometimes. And in my idea in mining coins it really take a couple of months before the ROI,

darkangel11

legendary

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Don't let others control your BTC -> self custody

It's better to save it and don't have regrets when price goes down. Think about all those people who sold at 2013 crash for 300-500 USD. Don't be like them!
When in doubt I always found it relaxing to sell just a little and buy some treats for myself. This makes me feel like whatever happens with the price i won't go empty handed. In other words it helps me hold in times of fear.

Xester

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Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

That is also the same way I did with my mined altcoins. Though I sold my mining hardware a long time ago I spent some of my bitcoins on mining site so I can continue earning altcoins that I can trade for bitcoins. I am mining now DASH since it is really profitable and I was amazed on how much it increased on value just a week ago.

genny2kuk

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It Can Only Get Better

Save some sell others

Dimelord

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Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

It depends on the potential of the coin which you are to mine about.For example if you mining bitcoins, then holding it will yield you more profits in future as it is called Digital gold.On the other hand, if you are going to mine a shit coin, then selling it immediately will be a wise decision.

pinkpanther03

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Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

This will depend on the coins you are holding it now. If you do mining that's fine if it is still potential to grow. But if not better to sell it unlike you keep it but it can't be sell anymore. But if you think its really potential stay hold on it and save it until you reach 12 months or 1yr.

batang_bitcoin

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Quote from: mace15 on March 07, 2017, 07:05:52 AM

I mined altcoins while the bitcoin is high. And, I will sell it once I already earn profit. Definitely, we can earn by mining altcoins and we need to be patient while bitcoin price is soaring high. Also, I believe by mining the altcoins were be profitable in the long run.

Well in my case, I don't mine and intend to mine anymore whether it is with alt coin or bitcoin. It's not just applicable here in my country. But I know that mining alt coins is profitable nowadays depending on the alt that you are mining. And for me, I wanted to keep on holding it until seeing the satisfying price of bitcoins I want.

hurain

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Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

yes i am also in favour of saving bitcoin either u earning it from any source or even from mining but you need to hold your bitcoin for some more time, because the price is expected to increase to some more high place.

mace15

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I mined altcoins while the bitcoin is high. And, I will sell it once I already earn profit. Definitely, we can earn by mining altcoins and we need to be patient while bitcoin price is soaring high. Also, I believe by mining the altcoins were be profitable in the long run.

VanDeinsberg12

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Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

Just keep them is not giving a good opportunity for you, and just try to sell them if the price of bitcoin already on the top of the rate, and just waiting for the bearish trend of bitcoin will be coming asap and i think that's the best way to trade your bitcoin rather than just always try to keep your bitcoin on your wallet.

miakama

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Quote from: szpalata on March 02, 2017, 06:26:52 AM

Quote from: Fappanu on March 02, 2017, 05:30:43 AM

Quote from: BitDane on March 01, 2017, 06:42:18 PM

Quote from: Doamader on March 01, 2017, 05:43:39 PM

Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

I dont know if at this stage running miners at home has becomed profitable once again, but im pretty sure yes, since the total hash is growing well on the last days. If the coin isnt one that has a good trading daily volume you should dump those, since bitcoin up and in the general altcoins will go down.

Mining Bitcoin in house is surely not that profitable because of the difficulty, reward, price and maintenance ratio. But mining altcoin specialy those that are just released have low difficulty making mining it worthy. About selling it, I think you need to study the market value of your coin, and the possible update and upgrade of the project. If there is an incoming hype, I think you need to wait it until the price goes up.

The residential electricity price is too high. It is better to mine near hydro station.

Do you pay less for electricity by merely living close to the hydro power station or what? Unless you want to setup your own hydro power plant which doesn't make sense to me so what's your point? I know people setup solar stations and wind turbines specifically to mine and even with that it's difficult to make early ROI let alone hydro which requires huge start up capital.

I heard that many Chinese mining farms are inside the hydro station.

szpalata

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Activity: 686

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Quote from: Fappanu on March 02, 2017, 05:30:43 AM

Quote from: BitDane on March 01, 2017, 06:42:18 PM

Quote from: Doamader on March 01, 2017, 05:43:39 PM

Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

I dont know if at this stage running miners at home has becomed profitable once again, but im pretty sure yes, since the total hash is growing well on the last days. If the coin isnt one that has a good trading daily volume you should dump those, since bitcoin up and in the general altcoins will go down.

Mining Bitcoin in house is surely not that profitable because of the difficulty, reward, price and maintenance ratio. But mining altcoin specialy those that are just released have low difficulty making mining it worthy. About selling it, I think you need to study the market value of your coin, and the possible update and upgrade of the project. If there is an incoming hype, I think you need to wait it until the price goes up.

The residential electricity price is too high. It is better to mine near hydro station.

Do you pay less for electricity by merely living close to the hydro power station or what? Unless you want to setup your own hydro power plant which doesn't make sense to me so what's your point? I know people setup solar stations and wind turbines specifically to mine and even with that it's difficult to make early ROI let alone hydro which requires huge start up capital.

Fappanu

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Quote from: BitDane on March 01, 2017, 06:42:18 PM

Quote from: Doamader on March 01, 2017, 05:43:39 PM

Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

I dont know if at this stage running miners at home has becomed profitable once again, but im pretty sure yes, since the total hash is growing well on the last days. If the coin isnt one that has a good trading daily volume you should dump those, since bitcoin up and in the general altcoins will go down.

Mining Bitcoin in house is surely not that profitable because of the difficulty, reward, price and maintenance ratio. But mining altcoin specialy those that are just released have low difficulty making mining it worthy. About selling it, I think you need to study the market value of your coin, and the possible update and upgrade of the project. If there is an incoming hype, I think you need to wait it until the price goes up.

The residential electricity price is too high. It is better to mine near hydro station.

BitDane

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Activity: 1372

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Quote from: Doamader on March 01, 2017, 05:43:39 PM

Quote from: Pettuh4 on March 01, 2017, 01:05:13 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 mine to keep because Bitcoin is skyrocketing and it's going to go higher in the coming years so I basically mine Altcoins and then sell them for Bitcoins and then zip my walls until further notice.

I dont know if at this stage running miners at home has becomed profitable once again, but im pretty sure yes, since the total hash is growing well on the last days. If the coin isnt one that has a good trading daily volume you should dump those, since bitcoin up and in the general altcoins will go down.

Mining Bitcoin in house is surely not that profitable because of the difficulty, reward, price and maintenance ratio. But mining altcoin specialy those that are just released have low difficulty making mining it worthy. About selling it, I think you need to study the market value of your coin, and the possible update and upgrade of the project. If there is an incoming hype, I think you need to wait it until the price goes up.

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