Mining coins save or sell it? - page 32.

Gliassa

member

Activity: 102

Merit: 10

Quote from: Bitcoin0916 on December 13, 2016, 11:31:42 PM

Quote from: Positid on December 13, 2016, 11:04:46 PM

Quote from: ChronoLite on December 13, 2016, 10:12:47 PM

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

You have to make a plan before start mining like the cost of electricity/hardware and profit will you get periodically so you can know mining for you is profitable or not , why you use trading? .

Definitely you can call mining as a business therefore you must conduct a business plan, and with the current situation small miners are not so successful just like the old days so that is also be considered and you will figure out how to succeed.

Mining cannot be used and guarantee until the future day, and could not guarantee make success. And we need to consider is the result mining bitcoin is unstable, so that when the cost of maintenance goes up, of course we are not profit. When we feel have got lucky, better sell soon, so when the price falls we have not many remedies.

A lot of people are mining bitcoins these days and I think that its good that they are doing this because mining is something that can be done a lot and is also good, saving is now a good option because the worth is rising without any doubts.

Bitcoin0916

full member

Activity: 238

Merit: 100

Quote from: Positid on December 13, 2016, 11:04:46 PM

Quote from: ChronoLite on December 13, 2016, 10:12:47 PM

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

You have to make a plan before start mining like the cost of electricity/hardware and profit will you get periodically so you can know mining for you is profitable or not , why you use trading? .

Definitely you can call mining as a business therefore you must conduct a business plan, and with the current situation small miners are not so successful just like the old days so that is also be considered and you will figure out how to succeed.

Mining cannot be used and guarantee until the future day, and could not guarantee make success. And we need to consider is the result mining bitcoin is unstable, so that when the cost of maintenance goes up, of course we are not profit. When we feel have got lucky, better sell soon, so when the price falls we have not many remedies.

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

Quote from: ChronoLite on December 13, 2016, 10:12:47 PM

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

You have to make a plan before start mining like the cost of electricity/hardware and profit will you get periodically so you can know mining for you is profitable or not , why you use trading? .

Definitely you can call mining as a business therefore you must conduct a business plan, and with the current situation small miners are not so successful just like the old days so that is also be considered and you will figure out how to succeed.

ChronoLite

sr. member

Activity: 840

Merit: 250

www.guestcrew.com

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

You have to make a plan before start mining like the cost of electricity/hardware and profit will you get periodically so you can know mining for you is profitable or not , why you use trading? .

Shady

full member

Activity: 294

Merit: 100

Life is a game, you either play it or get played.

When mining all coins nowadays the only way to make off mining is to sell after waiting for it to go above electric and client fees.

To be exact many people are choosing to wait years for another boom to come. The detail crawls forward with expectancy to personal taste, although I would not mine to lose.

DRaGoN RaNTaRo

sr. member

Activity: 319

Merit: 250

Quote from: jovs on December 11, 2016, 08:11:05 AM

Quote from: JumperX on September 24, 2016, 12:54:52 PM

I won't go for mining as it won't be profitable enough for me to invest in it, so if I see price going lower in coming days then will prefer to buy some and save them for the future.

Mining is profitable once the site or the software you invest your money is legit.

Mining might be not profitable when you are unfortunate to choose which mining to invest.
In my point of view, we must be wise in investing in mining. So that we can make profit from it.

It all depends upon which coin you are planning to mine .We dont need to invest for machines every time you plan to mine for a coin Cheesy

I would like to book my profits and save the rest for a better time to sell and that is how i do things.

Jambolb2

sr. member

Activity: 444

Merit: 250

Quote from: brian_23452 on December 13, 2016, 06:44:57 AM

the aim of everything one does to make profit and as we all know mining coin is very good and is a good means of making good and if anyone make up his or her mid to save it is also good maybe at that period of mining perhaps the price of bitcoin might be low at that time but you can sell when the price go up.

Though mining does not provide you a lot of profits if you are not having low electricity costs but still if you are earning something out of it then i feel anyone should save them for later... because we all know that the price grows higher in long run so we should be patient for that to happen...

pereira4

legendary

Activity: 1610

Merit: 1183

Sell all mined altcoins for bitcoin, this is the best strategy right now. I knew a guy that had a small humble mining farm and was making steady gains be mining ZCash nonstop and selling at market price for BTC. That is why the price of Zcash keeps going down combined with the constant inflation. It is overvalued so miners find a profit for BTC.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: agamasrori on December 13, 2016, 01:02:44 AM

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

The calculation must be right, so he can really know how much is his profit. I think even he get big profit, its will be wise if he only sell his coin to fulfil daily need and save the other for investment.

If you're mining altcoins, which is obviously the case with OP, then you're better off just selling them directly to Bitcoin.

Altcoins are known to lose the majority of their value over a good number of months, so from that view, you'll be crazy to keep holding these coins.

That's however not the case with near dead coins. In that regard you are better off saving them up till you have a decent stash in case the price happens to explode.

It's more like a gamble, but it might work out as some coins that have been marked as dead, miraculously come to life and explode in value.

brian_23452

sr. member

Activity: 350

Merit: 250

the aim of everything one does to make profit and as we all know mining coin is very good and is a good means of making good and if anyone make up his or her mid to save it is also good maybe at that period of mining perhaps the price of bitcoin might be low at that time but you can sell when the price go up.

passivebesiege

hero member

Activity: 854

Merit: 502

CTO & Spokesman

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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's always depends on the coin and when you will need your money, that's why you selling it. Just pick only few coin who have potential for long term.

shintosai

hero member

Activity: 756

Merit: 500

Quote from: agamasrori on December 13, 2016, 01:02:44 AM

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

The calculation must be right, so he can really know how much is his profit. I think even he get big profit, its will be wise if he only sell his coin to fulfil daily need and save the other for investment.

save something because there's a good possibilities that the actual price will rise up so high, it is correct to sell some to fill in the expenses but its wiser to think for possible good value coming from the mined coins crypto really a big venue for great opportunity.

agamasrori

sr. member

Activity: 364

Merit: 250

Quote from: ArdiPrabowo on December 11, 2016, 12:51:13 PM

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

The calculation must be right, so he can really know how much is his profit. I think even he get big profit, its will be wise if he only sell his coin to fulfil daily need and save the other for investment.

ArdiPrabowo

hero member

Activity: 644

Merit: 500

mining coin if calculation profit sell it
but bitcoin price is low and calculation still lost save itu or use trading
calculation include electicity and tool hadware, and another operating cost

Shenzou

sr. member

Activity: 1400

Merit: 283

Well i think it is a great idea to mine different coins but the exchange rate on some of the coins is not worth wasting time , the best thing to do is to wait for their price to go up , as the bitcoin becomes harder to mine people will start mining other coins in order to exchange them to bitcoin which will make their price go up.

JC btc

sr. member

Activity: 770

Merit: 253

Quote from: Noctis Connor on December 11, 2016, 08:41:18 AM

much better if you sell it because selling it was more profitable than saving it thats what my opinion is but it stilldepends on the user whether they like to save it or sell it. remember than mining coins on site are not all legit . if you cant find some that was legitimate well its a good news for you because there's a lot of scam mining website that turned out to be a scam. and those who invest on their site lose their money.

Mas okay na po talaga ibenta agad if ever magkaroon ka thru mining. Mas iikot agad pera mo mas mapapalago mo kaysa maghintay ka ng di mo alam magkano possible na kitain. Atleast pag nabenta na malalaan na pera mo sa ibang bagay pwede trading or other business na naiisip mo. Tsaka ka na lang magsave pag sobra sobra na ipon mo para investment na din.

Noctis Connor

hero member

Activity: 1008

Merit: 540

much better if you sell it because selling it was more profitable than saving it thats what my opinion is but it stilldepends on the user whether they like to save it or sell it. remember than mining coins on site are not all legit . if you cant find some that was legitimate well its a good news for you because there's a lot of scam mining website that turned out to be a scam. and those who invest on their site lose their money.

jovs

sr. member

Activity: 672

Merit: 250

Quote from: JumperX on September 24, 2016, 12:54:52 PM

I won't go for mining as it won't be profitable enough for me to invest in it, so if I see price going lower in coming days then will prefer to buy some and save them for the future.

Mining is profitable once the site or the software you invest your money is legit.

Mining might be not profitable when you are unfortunate to choose which mining to invest.
In my point of view, we must be wise in investing in mining. So that we can make profit from it.

Yuuto

hero member

Activity: 644

Merit: 501

This question is the same as whether or not you would want to baghold BTC when you buy some or not. It really depends on your risk appetite. If you think that the bitcoin price is going up in the long term, then hold.

If you need the money urgently after mining it, then sell it. Or if you want to short BTC, sell it as well.

dhampir-D

sr. member

Activity: 454

Merit: 250

Quote from: jvc12 on December 10, 2016, 12:37:26 PM

Mining of bitcoin and saving it is good because it potential is high and it probably would get up to the moon in the future, if one is mining bitcoin and saving it for the future I think is right because saving is for the future and it could yield great potential in the future to come so mining bitcoin and saving it for the future is good.

Bitcoin mining is probably the dream of many investors and Bitcoin enthusiasts. But it is not very easy at the moment, because the mining difficulty is very high and the costs with equipment, electricity and maintenance are quite high. But if the individual has enough knowledge about it, in addition to the capital needed, it can be a good investment.

Topic: Mining coins save or sell it? - page 32. (Read 106756 times)