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Topic: Mining coins save or sell it? - page 39. (Read 106756 times)

legendary
Activity: 2044
Merit: 1115
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October 16, 2016, 07:35:37 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.
sr. member
Activity: 1111
Merit: 255
October 15, 2016, 01:42:57 PM
If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
whether it's profitable or not only could be calculated by seeing any factors,how much the electricity you use for mining,how's the current price,or even how much maintenance fee you spent every month on your rigs,it's not just about selling coins

The bitcoin for the home mining is getting less and less profitable. It seems the difficulty keeps on rising.
legendary
Activity: 3010
Merit: 1028
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October 13, 2016, 07:52:18 AM
If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
whether it's profitable or not only could be calculated by seeing any factors,how much the electricity you use for mining,how's the current price,or even how much maintenance fee you spent every month on your rigs,it's not just about selling coins
sr. member
Activity: 672
Merit: 250
October 13, 2016, 05:29:17 AM
If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
hero member
Activity: 672
Merit: 503
October 13, 2016, 05:21:04 AM
if you have money to pay the electric fee, i recomended to hold your bitcoin and pay the electric fee with your cash.
but if you want to calculate the profit every month, and mining is the main job, better to selling it every month or maybe every week.
Yes and I think saving is the best option at a moment as price is not too high at a moment so selling won't be profitable so its better to hold them and sell when the right time comes.
hero member
Activity: 644
Merit: 509
October 13, 2016, 05:00:31 AM
if you have money to pay the electric fee, i recomended to hold your bitcoin and pay the electric fee with your cash.
but if you want to calculate the profit every month, and mining is the main job, better to selling it every month or maybe every week.
sr. member
Activity: 251
Merit: 250
October 13, 2016, 04:35:48 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.

You can mine the altcoins and then convert them to the bitcoin. It is better to hold the bitcoin.

True, in addition sell in high and hold bitcoin. But some altcoins that trusted in, I save it.
newbie
Activity: 27
Merit: 0
October 13, 2016, 04:29:35 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.

You can mine the altcoins and then convert them to the bitcoin. It is better to hold the bitcoin.
hero member
Activity: 2842
Merit: 625
October 11, 2016, 12:10:22 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.
full member
Activity: 302
Merit: 100
October 10, 2016, 01:18:07 PM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.
hero member
Activity: 2996
Merit: 609
October 05, 2016, 08:12:33 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.
legendary
Activity: 840
Merit: 1000
October 05, 2016, 06:17:44 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.
sr. member
Activity: 420
Merit: 250
October 05, 2016, 05:46:59 AM
If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.
hero member
Activity: 2996
Merit: 609
October 05, 2016, 05:32:30 AM
if the price of that's coin very low like ethereum classic now, i think holding the coin is better than sell it, we can get double profit with holding it.

Agree with this  etc  have  low price as of  now  its better  to  hold  it than to sell  it  at the current price,i agree  we would  make  profits out  of it  in future times.
hero member
Activity: 672
Merit: 500
October 05, 2016, 04:09:07 AM
if the price of that's coin very low like ethereum classic now, i think holding the coin is better than sell it, we can get double profit with holding it.
sr. member
Activity: 2394
Merit: 454
October 05, 2016, 04:06:38 AM
If you mean coins like altcoins, litecoins, and bitcoins and the other cryptocurrency, well, if you're mining bitcoin right now my only advice to you is not to sell it because you won't earn a profit from it right now because it's price is too low right now. You have to wait 'till it's price will go high again and then when that time comes you can sell your bitcoins to have a huge profit from it but it's still your choice if you're gonna sell it though, just my opinion.
sr. member
Activity: 322
Merit: 250
October 05, 2016, 03:53:11 AM
If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.
Mining is not the best option at the moment so I would just go with the save and sell when you can make a profit strategy.
Before the halving mining was the whole thing on how to make Bitcoin but those times have changed.
sr. member
Activity: 244
Merit: 250
October 05, 2016, 03:16:20 AM
If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.
legendary
Activity: 3150
Merit: 1148
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October 05, 2016, 02:29:43 AM
I've tried Minning coin results did get a considerable profit. but also high risk because I myself have never tried mining coin is very tempting but very risk
That is because only those big companies now that are in mining can only profit and that will continue in the future, due to halving the difficulty increase so if you are not using an upgraded or advance mining rig, you will really lose because of big electricity expenses.
hero member
Activity: 630
Merit: 500
RealistaToken.com
October 04, 2016, 08:56:24 PM
I've tried Minning coin results did get a considerable profit. but also high risk because I myself have never tried mining coin is very tempting but very risk
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