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Topic: Mining coins save or sell it? - page 45. (Read 106756 times)

hero member
Activity: 2464
Merit: 594
September 01, 2016, 02:23:27 AM
Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.
hero member
Activity: 714
Merit: 500
August 26, 2016, 10:47:21 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.
if mine altcoin then hold for a long time, this is just a luck and unpredictability. if the coin can rise very high you are lucky, if the coin die or become litter, you may be a bit of a loss. but even, if you are good enough to find the information, when there is a new coin born, it is good to be mined. gains could be even greater when the difficulty level is still very small.


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.
yeah holding altcoins for a really long time is useless investment because the price is definitely not going to be booming higher than bitcoins will

Holding altcoin for long term doesn't make any sense as there is no guarantee that it will survive in long term, and it will be very risky to hold them as it may disappear at any point of time.
sr. member
Activity: 256
Merit: 250
August 26, 2016, 10:09:12 AM
Mining some coins can give you long term profits. If you can see the potential, IMO you should hold on for some time, at least one third of that.
sr. member
Activity: 296
Merit: 250
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August 26, 2016, 09:19:02 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.
if mine altcoin then hold for a long time, this is just a luck and unpredictability. if the coin can rise very high you are lucky, if the coin die or become litter, you may be a bit of a loss. but even, if you are good enough to find the information, when there is a new coin born, it is good to be mined. gains could be even greater when the difficulty level is still very small.


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.
yeah holding altcoins for a really long time is useless investment because the price is definitely not going to be booming higher than bitcoins will
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 26, 2016, 04:26:21 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.

I agree with you, altcoins are for short term profits but if you want the free one, i think mining altcoins also good, especially if the price of that altcoins is really big.
I don't think mining will give you altcoins, when you mind you are in a business because you need to spend for the equipment and the electricity that will be consume during the operation, so it is never free and there even a chance that the coin you mine is not profitable so you will lose on your operation.
sr. member
Activity: 434
Merit: 250
August 26, 2016, 01:06:39 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.

I agree with you, altcoins are for short term profits but if you want the free one, i think mining altcoins also good, especially if the price of that altcoins is really big.
sr. member
Activity: 336
Merit: 250
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August 25, 2016, 04:56:19 PM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
well at the beginning of an altcoin it might actually be profitable to do that so some people mine it
full member
Activity: 154
Merit: 100
24kCasino- 200% Welcome Bonus
August 25, 2016, 02:34:37 PM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
yeah i never do that to be honest, mining altcoins is just a waste of time and nothing else
member
Activity: 70
Merit: 10
August 25, 2016, 02:07:18 PM
I think you should keep at least part of the coins with potential for a promising future.
legendary
Activity: 1554
Merit: 1014
August 25, 2016, 01:57:01 PM
Saving is very good way to get some profit in future, but when you are minier and you need your money right now, better to sell everything and recive your money.

if doing mining bitcoin I think it is better to immediately sell it. because if the price drops or lower, if calculated you will lose. because every month you have to pay electricity bills which be pretty high.
sr. member
Activity: 588
Merit: 250
August 25, 2016, 01:04:24 PM
Saving is very good way to get some profit in future, but when you are minier and you need your money right now, better to sell everything and recive your money.
hero member
Activity: 798
Merit: 1000
August 25, 2016, 11:48:19 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 think you should sell them only if you very very need money, otherwise save everything that you can,as price of bitcoin is pretty low at this moment so you should wait for price rise

Yeah selling at this stage is not profitable as price is not too high at a moment so its better to save them for future and sell when price goes higher helping us to make good profits.
full member
Activity: 164
Merit: 100
August 25, 2016, 11:01:16 AM
bitcoin price has kind of flat lined recently,so to make some kind of substantial profit you would need to hold it for a little while till the price goes up or invest in alt coins if you are looking for early profits.

I bought my first bitcoin a few years back. I still have them.
I also mine the altcoins and convert to the bitcoin. I hold most of the coins for the long term.
full member
Activity: 137
Merit: 100
★Nitrogensports.eu★
August 25, 2016, 11:00:55 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 think you should sell them only if you very very need money, otherwise save everything that you can,as price of bitcoin is pretty low at this moment so you should wait for price rise
newbie
Activity: 9
Merit: 0
August 25, 2016, 10:54:59 AM
bitcoin price has kind of flat lined recently,so to make some kind of substantial profit you would need to hold it for a little while till the price goes up or invest in alt coins if you are looking for early profits.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 25, 2016, 10:51:25 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
Most of them do not last but ethereum poses some good future but not enough to convince me though. I will just trade that coins and take advantage of the cheap price now.

The price of etc has really gone down since yesterday so I think this is good time to invest in it as price may go higher in future allowing us to make good profits.
Try to buy or mine altcoin with good backup community and altcoin are really good if they have good promotion and development.they earn you alot of profit.it takes time ,mostly every major coins now a days taken a lot time to reach the price that they are now.

Altcoin trading is all about luck you never know what will happen with the coin in future so its better to play with it in short term and withdraw profits at right time.
hero member
Activity: 910
Merit: 505
August 25, 2016, 10:28:51 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
Most of them do not last but ethereum poses some good future but not enough to convince me though. I will just trade that coins and take advantage of the cheap price now.

The price of etc has really gone down since yesterday so I think this is good time to invest in it as price may go higher in future allowing us to make good profits.
Try to buy or mine altcoin with good backup community and altcoin are really good if they have good promotion and development.they earn you alot of profit.it takes time ,mostly every major coins now a days taken a lot time to reach the price that they are now.
hero member
Activity: 812
Merit: 1000
August 25, 2016, 07:34:56 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
Most of them do not last but ethereum poses some good future but not enough to convince me though. I will just trade that coins and take advantage of the cheap price now.

The price of etc has really gone down since yesterday so I think this is good time to invest in it as price may go higher in future allowing us to make good profits.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 25, 2016, 04:42:47 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
Most of them do not last but ethereum poses some good future but not enough to convince me though. I will just trade that coins and take advantage of the cheap price now.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
August 25, 2016, 02:51:53 AM
Do not ever mine some altcoin with huge amount, because everyone knows, no one can predict how long these altcoins will still exist on the market. just visit yobit exchanger, so many coin are dead before one year.

Why mine altcoins? Just buy them and take the ride of the whales profit taking.

After all, altcoins are just made to make short term profits. No altcoin investment are meant for long term.
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