Topic: Mining coins save or sell it? - page 42. (Read 106756 times)
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 a bit hard part for me and not affordable too, so I will choose to buy them and save them for future and sell only when bitcoin reaches my target price to secure profits.
Mining bitcoin require some good skills. It is better to just mine some altcoins with the graphics cards which are more accessible.
Mining is a bit hard part for me and not affordable too, so I will choose to buy them and save them for future and sell only when bitcoin reaches my target price to secure profits.
I advise you to save any coins your mining, because the process is getting harder everyday and is unpredictable. I have 2 examples:
1) I do mining Bitcoins since Dec-2013 and in that time even with expensive hardware, the electricity was cheaper and difficult was extremely low comparing with now. I used to mine ~0.055BTC each day with ~1Th/s. Now... bahhh, you must have 50Th/s.
2) I used to mine Monero with a simple GPU. I used to mine ~10XMR each day. Now (I'm little out of XMR mining) but I think it must be much harder now because the price is extremely higher than 2 years ago.
So... Bro, keep your coins in a safety place and just do mining well done.
1) I do mining Bitcoins since Dec-2013 and in that time even with expensive hardware, the electricity was cheaper and difficult was extremely low comparing with now. I used to mine ~0.055BTC each day with ~1Th/s. Now... bahhh, you must have 50Th/s.
2) I used to mine Monero with a simple GPU. I used to mine ~10XMR each day. Now (I'm little out of XMR mining) but I think it must be much harder now because the price is extremely higher than 2 years ago.
So... Bro, keep your coins in a safety place and just do mining well done.
If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .
If you look at the long term trend, the bitcoin price rises all the time. So it is better to save the coins.
The price of bitcoin is not always increase, the bitcoins' price can decrease too. But, in my opinion, the price of bitcoin will increase in the end of this year 2016. So i think it's better to save it.
Saving till the end of the year is the right thing to do and I think buying some at this stage is also affordable as price has gone down in recent days and it can give us some extra profits in future.
If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .
If you look at the long term trend, the bitcoin price rises all the time. So it is better to save the coins.
The price of bitcoin is not always increase, the bitcoins' price can decrease too. But, in my opinion, the price of bitcoin will increase in the end of this year 2016. So i think it's better to save it.
Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell
That is right. It is better to save most of the bitcoin and some very few to do some investment or trading.
If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .
If you look at the long term trend, the bitcoin price rises all the time. So it is better to save the coins.
If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .
Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell
Yes don't sell them unless its allowing you to make some profits from it and mining is not profitable for me at a moment so I will prefer to buy them and hold them for future.
for me if you mining bitcoin, it is better to immediately sell. because after halving your income will be reduced. so to cover the cost of better sell it. because when the price of bitcoin down you will be more losses.
but if you are mining altcoin and reason to try your luck, it is good to save, because altcoin prices can be unpredictable with an increase of up to 1000%
but if you are mining altcoin and reason to try your luck, it is good to save, because altcoin prices can be unpredictable with an increase of up to 1000%
Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell
Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.
that is dangerous to save for a very long time, what if you die? and none can retrieve your coin, you will lose all your saving, and if you trust someone early that in the end will screw you it's even worse
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?
Mining coins does not do much now so I suggest that you stop with mining coins and just buy them with your own money. Can orther explain about its a good point else about the risk its to high to lose to lot on it?
You should then save them and sell them for more money in the future.
Yes mining is no more profitable at a moment so its better to buy them and trade with them and try to grow them and sell some of them when you see higher price to make good profits from it.
Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.
That is right. It is better to save most of the coins, for example 90% and use about 10% of the coins to make it useful.
Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.
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?
Mining coins does not do much now so I suggest that you stop with mining coins and just buy them with your own money. Can orther explain about its a good point else about the risk its to high to lose to lot on it?
You should then save them and sell them for more money in the future.
With the drop rewards and the current mining difficulty, if a person is really serious in setting up a mining farm, they need to put a decent and big amoun to start with. Also lots of consideration must take place before taking place the commencement of operation.
It's still useless with all the blockstream's Hype.Basically,you're asking all the old miners to F-off since you have big money and you could build a bigger farm than the existing one's ? Nope,that's not what they started early for.China runs half the business either way. 
I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.
Venturing into that kind of business is not profitable for small businessman and we know the every halving the difficulty of mining increase, I would not even consider it as a good investment although we are just investing in a certain mining site, for me, I will just leave it to the big companies as there are many opportunities here that fits for me.However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.
Agree as small numbers of mining rigs is really not a good idea if people wants to make some mining farm or earn bitcoin thru bitcoin mining.
With the drop rewards and the current mining difficulty, if a person is really serious in setting up a mining farm, they need to put a decent and big amoun to start with. Also lots of consideration must take place before taking place the commencement of operation.
I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.
It makes sense if you sell enough coins to cover your costs.
That way, there is a hedge for your fiat costs. If you want to keep your profits in bitcoin, then that is a call you take.
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