Mining coins save or sell it? - page 40.

ronaldo40

legendary

Activity: 1554

Merit: 1014

Quote from: serjent05 on October 04, 2016, 12:30:42 PM

Quote from: bitcoin-hunter on September 28, 2016, 08:33:10 AM

I think the mined coins can better be sold when the price is at highest point because you wont make profit by holding mined coins because the mining factor is not profitable after the halving you know.

I agree, if you think you are in a profit after mining the coins, better sell it. We don't and will never know what will happen next. Better to book your profit and then mine the coin again. That way you are limiting your lost from sudden dumped and decline of price of the coin. don't get greedy and wait for 10x that is very rare to happen.

if mining bitcoin I think it is better to sell. because you have to pay monthly electricity. if holding also good if you have lots of money. because of course bitcoin could increase in the future. but not a good choice I think if you mine bitcoin and then hold it.
but if mining altcoin sometimes it is good to hold, because it has the potential to increase high.

serjent05

legendary

Activity: 3052

Merit: 1281

Get $2100 deposit bonuses & 60 FS

Quote from: bitcoin-hunter on September 28, 2016, 08:33:10 AM

I think the mined coins can better be sold when the price is at highest point because you wont make profit by holding mined coins because the mining factor is not profitable after the halving you know.

I agree, if you think you are in a profit after mining the coins, better sell it. We don't and will never know what will happen next. Better to book your profit and then mine the coin again. That way you are limiting your lost from sudden dumped and decline of price of the coin. don't get greedy and wait for 10x that is very rare to happen.

krishna1

sr. member

Activity: 322

Merit: 250

from mining a user will get newly generated coins but that is not according to currenct price value it will only give you on the bases of what power you have spent to solve the difficulty . i think you should hold the coins and sell them at the highest price as much as possible to get the maximum profit

gerXhonza

hero member

Activity: 812

Merit: 1000

Quote from: romero121 on October 04, 2016, 11:58:16 AM

Digital currency is little by little getting more popular as well adoption is also increasing gradually. For this reason I believe saving the mined coins would give good earning in the future than selling right now. At the same it has got a big risk of selecting the right coin and mine, else everything goes wrong.

Yeah altcoin mining involves huge risk so I will not invest in any new coin but will choose the coins with higher volume and will prefer to save my bitcoins for the future so that can sell them when price goes higher.

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

Digital currency is little by little getting more popular as well adoption is also increasing gradually. For this reason I believe saving the mined coins would give good earning in the future than selling right now. At the same it has got a big risk of selecting the right coin and mine, else everything goes wrong.

geopolisch

hero member

Activity: 1022

Merit: 511

Quote from: GermanFoobla on October 04, 2016, 10:04:07 AM

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?

The best thing to do at the moment is to save and sell because this way you can make some money, with mining I believe that it is not the case anymore.
Mining used to be pretty profitable but after the halving that has completely changed.

Yes, mining process will not be profitable with respect to current bitcoin price levels. If the miners prefer to get the maximum benefit, they must hold the newly generated reward bitcoins for some longer duration so that they will get double or triple benefits of what they are spending for running the mining process.

But, practically they need to spend for running costs like electricity, cooling and for employs who are maintaining the farm.

GermanFoobla

sr. member

Activity: 322

Merit: 250

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?

The best thing to do at the moment is to save and sell because this way you can make some money, with mining I believe that it is not the case anymore.
Mining used to be pretty profitable but after the halving that has completely changed.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: martinacar on September 28, 2016, 09:00:30 AM

Quote from: mrkevio on September 01, 2016, 02:55:42 AM

Quote from: Dwelach on September 01, 2016, 02:51:19 AM

Quote from: Blackmet on August 23, 2016, 10:09:59 AM

I don't know, cause i am not a miner, but at my opinion better to sell everything actually to have enough money everytime on different upgrades.

I don't agree, I'd sell as much as I need to cover the bills which were made by mining and save the rest of the bitcoins. They are kinda stabelish now but they will go up again for sure.

Yeah, saving might mean a great future for you. If the same thing will happen as it did in 2013 after the halving, we will all be rich here. Grin

True saving is the best option in my opinion but anyways this thread is so old and mining solo at home for example is not profitable anymore. But to your question to save or sell bitcoin, save it!

True this thread is old already and you are right mining as of today would not be profitable anymore because of lots of factors that affect it. Mining would be good if you have the right equips but in the question on you should save ,sell then its better to save more and more but dont forget to spent some of it on helping the bitcoin ecosystem in able to grow.

SANALIU

full member

Activity: 126

Merit: 100

if you can get new coin and good coin
example same coin iconomi or antsare
you can save your coin and stake coin if coin pos, and wait until price is high

Alauria

full member

Activity: 131

Merit: 100

I think you should sell your mined coins because i dont see the price rising again and the time to save is not here becuase the price dont change allot you know.

mace15

hero member

Activity: 1428

Merit: 506

In my opinion, mining coins is good and sell it
if you already gain profit. For me you can hold it
while the price of bitcoin is volatile. As bitcoin
right now is increading. Thus, saving coins also
is a right choice.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: CraigWrightBTC on October 02, 2016, 10:10:46 PM

Quote from: martinacar on September 28, 2016, 09:00:30 AM

Quote from: mrkevio on September 01, 2016, 02:55:42 AM

Quote from: Dwelach on September 01, 2016, 02:51:19 AM

Quote from: Blackmet on August 23, 2016, 10:09:59 AM

I don't know, cause i am not a miner, but at my opinion better to sell everything actually to have enough money everytime on different upgrades.

I don't agree, I'd sell as much as I need to cover the bills which were made by mining and save the rest of the bitcoins. They are kinda stabelish now but they will go up again for sure.

Yeah, saving might mean a great future for you. If the same thing will happen as it did in 2013 after the halving, we will all be rich here. Grin

True saving is the best option in my opinion but anyways this thread is so old and mining solo at home for example is not profitable anymore. But to your question to save or sell bitcoin, save it!

I agree and with save coins the price will going up again, and sell bitcoins is just for pay cost of mining. It will become nice choice for long term investment into bitcoin.

If that is your method, there will only be one two outcome that will happen to you, the first is you will lose your effort and time spent if bitcoin will not be a success but if it will be successful you will be very rich in the future, the risk is just little doing it.

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: martinacar on September 28, 2016, 09:00:30 AM

Quote from: mrkevio on September 01, 2016, 02:55:42 AM

Quote from: Dwelach on September 01, 2016, 02:51:19 AM

Quote from: Blackmet on August 23, 2016, 10:09:59 AM

I don't know, cause i am not a miner, but at my opinion better to sell everything actually to have enough money everytime on different upgrades.

I don't agree, I'd sell as much as I need to cover the bills which were made by mining and save the rest of the bitcoins. They are kinda stabelish now but they will go up again for sure.

Yeah, saving might mean a great future for you. If the same thing will happen as it did in 2013 after the halving, we will all be rich here. Grin

True saving is the best option in my opinion but anyways this thread is so old and mining solo at home for example is not profitable anymore. But to your question to save or sell bitcoin, save it!

I agree and with save coins the price will going up again, and sell bitcoins is just for pay cost of mining. It will become nice choice for long term investment into bitcoin.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Finestream on October 02, 2016, 09:59:20 PM

Quote from: Watjila on October 02, 2016, 12:17:47 PM

Quote from: bamboylee on September 28, 2016, 09:19:53 AM

Quote from: relq on September 25, 2016, 10:09:34 AM

Actually it's really depend on the situation. If you speculate the price of bitcoin will increase soon, it's better to save your coins and if you speculate the price going down, it's better to sell it. It's depend.

But you will never know if the price of bitcoin will go up or down. Unless you have an insider information (with the whales), then you can't know exactly what will happen in the future. I say, just save the coins and if you feel like selling some for consumption, then never sell in a price is lower than the price when you received those coins.

In the future, the market cap will be much larger. Even a big whale cannot make the price move a lot.

I am looking forward to that, with that the price will be stable and we will no longer earn great income on the price increases. Having said that, we should take the chances and opportunity to buy cheap bitcoins now and do not wait for a longer time before we grab the opportunity.

taking advantage from the situaton would allow us to earn big so while that particular time is not yet been there we should grab more and more btc while fluctuations are still present lets make btc our asset and make more earning from it.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Watjila on October 02, 2016, 12:17:47 PM

Quote from: bamboylee on September 28, 2016, 09:19:53 AM

Quote from: relq on September 25, 2016, 10:09:34 AM

Actually it's really depend on the situation. If you speculate the price of bitcoin will increase soon, it's better to save your coins and if you speculate the price going down, it's better to sell it. It's depend.

But you will never know if the price of bitcoin will go up or down. Unless you have an insider information (with the whales), then you can't know exactly what will happen in the future. I say, just save the coins and if you feel like selling some for consumption, then never sell in a price is lower than the price when you received those coins.

In the future, the market cap will be much larger. Even a big whale cannot make the price move a lot.

I am looking forward to that, with that the price will be stable and we will no longer earn great income on the price increases. Having said that, we should take the chances and opportunity to buy cheap bitcoins now and do not wait for a longer time before we grab the opportunity.

Watjila

newbie

Activity: 58

Merit: 0

Quote from: bamboylee on September 28, 2016, 09:19:53 AM

Quote from: relq on September 25, 2016, 10:09:34 AM

Actually it's really depend on the situation. If you speculate the price of bitcoin will increase soon, it's better to save your coins and if you speculate the price going down, it's better to sell it. It's depend.

But you will never know if the price of bitcoin will go up or down. Unless you have an insider information (with the whales), then you can't know exactly what will happen in the future. I say, just save the coins and if you feel like selling some for consumption, then never sell in a price is lower than the price when you received those coins.

In the future, the market cap will be much larger. Even a big whale cannot make the price move a lot.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: relq on September 25, 2016, 10:09:34 AM

Actually it's really depend on the situation. If you speculate the price of bitcoin will increase soon, it's better to save your coins and if you speculate the price going down, it's better to sell it. It's depend.

But you will never know if the price of bitcoin will go up or down. Unless you have an insider information (with the whales), then you can't know exactly what will happen in the future. I say, just save the coins and if you feel like selling some for consumption, then never sell in a price is lower than the price when you received those coins.

martinacar

sr. member

Activity: 462

Merit: 250

Quote from: mrkevio on September 01, 2016, 02:55:42 AM

Quote from: Dwelach on September 01, 2016, 02:51:19 AM

Quote from: Blackmet on August 23, 2016, 10:09:59 AM

I don't know, cause i am not a miner, but at my opinion better to sell everything actually to have enough money everytime on different upgrades.

I don't agree, I'd sell as much as I need to cover the bills which were made by mining and save the rest of the bitcoins. They are kinda stabelish now but they will go up again for sure.

Yeah, saving might mean a great future for you. If the same thing will happen as it did in 2013 after the halving, we will all be rich here. Grin

True saving is the best option in my opinion but anyways this thread is so old and mining solo at home for example is not profitable anymore. But to your question to save or sell bitcoin, save it!

bitcoin-hunter

sr. member

Activity: 364

Merit: 250

I think the mined coins can better be sold when the price is at highest point because you wont make profit by holding mined coins because the mining factor is not profitable after the halving you know.

20kevin20

legendary

Activity: 1134

Merit: 1599

I think saving is a better option. Save the money for this winter, sell it on Christmas, keep the money and buy again by the next spring. The chances are Bitcoin will rise up to 100x or even more until the winter of 2017. Big chances, big opportunity. I'm going to do this but I first have to find where to sell it at in my country. I don't trust person in person exchange and I don't want to go to another country where there are ATMs to sell it.

Topic: Mining coins save or sell it? - page 40. (Read 106756 times)