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Topic: Mining coins save or sell it? - page 38. (Read 106756 times)

hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
November 09, 2016, 11:04:45 AM
You can now sell your coins. The price get higher for this week. And I do believe it would continue to rise. If I were you, I will use partial of it to make profits and the rest for back up. We don't know what will happen in the future so if you think you can make a profit now then go.
newbie
Activity: 58
Merit: 0
October 22, 2016, 11:51:00 AM
Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.

I think its better to buy them and save them till the end of the year and if that point price reaches to your desired level then you can sell them and if not then you can hold them even longer.

If you think the bitcoin price will rise in the next few years or even decades, it is better not to sell them so soon.
legendary
Activity: 2422
Merit: 1102
October 21, 2016, 12:41:10 PM
Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.

I think its better to buy them and save them till the end of the year and if that point price reaches to your desired level then you can sell them and if not then you can hold them even longer.
hero member
Activity: 578
Merit: 554
October 21, 2016, 11:51:54 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 would personally save all of the coins you can as long as you can afford the expenses that come with mining. It all comes down to risk management though and how much you are willing to lose. That isn't really a question anyone can answer for you without knowing more about your financial situation.
sr. member
Activity: 406
Merit: 250
October 21, 2016, 11:24:05 AM
Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.
legendary
Activity: 806
Merit: 1000
October 21, 2016, 10:27:14 AM
I do not see it is a good idea to hold altcoins in the long run, I have not see altcoin that succeed in the long run like what happen with bitcoin. Only bitcoin so far is good for long term investment while others are only for short term.
hero member
Activity: 1414
Merit: 505
Backed.Finance
October 21, 2016, 08:38:45 AM
Better save it and hold it for the mean time rather than sell it without making a profit from it. Just wait until the price go up and when that time come you can now sell your bitcoin and make good money out of it.

For me, it depends for the coin. If the coin has the potential to go up, then I will wait for a time and sell it at profitable price. Miners are always dumping their coins as what I observed that's why they  pull down coins prices. When the coins stabilizes, its a good way to know the real price of the said coin, and you can make your calculations whether to hold or sell.
hero member
Activity: 644
Merit: 500
October 20, 2016, 09:02:43 AM
Better save it and hold it for the mean time rather than sell it without making a profit from it. Just wait until the price go up and when that time come you can now sell your bitcoin and make good money out of it.
sr. member
Activity: 364
Merit: 254
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October 16, 2016, 08:56:49 AM
If you are mining coins that are not well known, but they are being traded on an exchange, I would recommend selling some of it because a lot of altcoins don't survive. If you get stuck with altcoins that no exchange is trading, then you can't sell them anymore.
hero member
Activity: 938
Merit: 500
October 16, 2016, 08:56:28 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?

Save 60% and sell 40% to cover the electricity costs and maybe some other costs.

Is mining profitable in your country?

I think the price will increase if there aren`t any btc exchange platform "hacks".
I do believe he is mining others altcoins and expect them to get a bigger value to sell, i dont know how the mine still being profitable, but sure some people still with their machines into bitcoin, and are able to get an income all months, soo as long those isnt a big debit.
hero member
Activity: 952
Merit: 500
October 16, 2016, 08:41:24 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins

Yeah and I think the best way to earn bitcoins is from signature campaign and trading, signature campaign will give guaranteed income and with trading you can expect to earn it quickly.
Why are you guys always consider signature campaign as a good income, I guess the amount is just too small to be considered as income. The topic says all about mining so I believe we should be discussing on the matter and not signature campaign, that is not earning but a mere reward.
hero member
Activity: 714
Merit: 500
October 16, 2016, 08:37:57 AM
Mining may not give profitable returns at this stage so I will prefer to avoid that option and instead will try to earn as much as possible and save them for future to get higher returns in future.
hero member
Activity: 560
Merit: 500
October 16, 2016, 08:36:57 AM
Mining coins eh? I guess it depends on the coin you are mining. If you think the coin you are mining have a great future, great road map, all great and is expected to go up in price, why not save it? If you think the coin you are mining will gonna dump and at it's limit then sell it. Just remember to don't regret your decision even if the price rise after you sold your coins.
hero member
Activity: 3094
Merit: 929
October 16, 2016, 08:22:24 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?

Save 60% and sell 40% to cover the electricity costs and maybe some other costs.

Is mining profitable in your country?

I think the price will increase if there aren`t any btc exchange platform "hacks".
sr. member
Activity: 478
Merit: 250
October 16, 2016, 08:15:42 AM
yes , your decsion is right to save for some minth and then sell it to after increase price .
hero member
Activity: 910
Merit: 1000
October 16, 2016, 08:14:40 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins

Yeah and I think the best way to earn bitcoins is from signature campaign and trading, signature campaign will give guaranteed income and with trading you can expect to earn it quickly.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 16, 2016, 08:12:54 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins
hero member
Activity: 952
Merit: 1000
October 16, 2016, 07:53:54 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
October 16, 2016, 07:51:17 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.
sr. member
Activity: 462
Merit: 250
October 16, 2016, 07:43:43 AM
All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
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