Mining coins save or sell it? - page 47.

Fappanu

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Quote from: Alubert on August 20, 2016, 03:21:48 AM

Quote from: Bitcoinsummoner on August 19, 2016, 02:07:52 PM

It depends of what you are mine if you are nmining a coin that its very low and its new better to save it for a long time and sell it when the price of altcoin is high. .this is the best i think to do..

I mine the Ethereum Classic when it is more profitable. But I sell it as soon as I can. When I mine the ETH, I keep it a bit longer.

I did similar. The Etheruem Classic is too risky. The DAO hacker's ETC is an overhang. The Ethereum Foundation's ETC could also be dumped.

SmartIphone

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Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

You haven't been active for more than a half year and don't know your progress until now but If I were you I would hold most of them.
I would sell a part of them only if I need to pay for the electricity and for the mining maintenance.

Alubert

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Quote from: Bitcoinsummoner on August 19, 2016, 02:07:52 PM

It depends of what you are mine if you are nmining a coin that its very low and its new better to save it for a long time and sell it when the price of altcoin is high. .this is the best i think to do..

I mine the Ethereum Classic when it is more profitable. But I sell it as soon as I can. When I mine the ETH, I keep it a bit longer.

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It depends of what you are mine if you are nmining a coin that its very low and its new better to save it for a long time and sell it when the price of altcoin is high. .this is the best i think to do..

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Quote from: shane on August 19, 2016, 01:40:35 PM

Quote from: crairezx20 on August 19, 2016, 01:32:08 PM

Quote from: dinda22 on August 19, 2016, 01:14:08 PM

Quote from: Pasutinmeur on August 19, 2016, 12:47:51 PM

Quote from: Akupuniard on August 18, 2016, 02:59:57 PM

I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

That is right. If you mine 10 bitcoin a month, then it is better to cover the cost by selling some and then save the rest.

if mining bitcoin better to sell. but if mining altcoin I think it's better to save it, because altcoin has the potential increased very high, so that you can benefit greatly from it.

But its very hard to know if when you need to sell your altcoin.. and we dont know when that the price will getting high.. if you are choosing new altcoin release in the market you have only 50%/50%. unlike analyzing what altcoin is the best to invest.. check coinmarketcap and choose top 20 altcoin is always the best to choose to invest.

I think it is good enough to mining altcoin newborn, has a the level of difficulty very small. so you can get a large number. then you wait for the price to rise so high, but in this case like to try your luck, that coins might rise so high or the coins into the trash.

If yeah it is good to mine for new releases coins because if you are lucky while you are mining new altcoin and low difficulty you will gain a large amount of altcoin and if you are lucky that the price is increase you can make more profit.

shane

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Quote from: crairezx20 on August 19, 2016, 01:32:08 PM

Quote from: dinda22 on August 19, 2016, 01:14:08 PM

Quote from: Pasutinmeur on August 19, 2016, 12:47:51 PM

Quote from: Akupuniard on August 18, 2016, 02:59:57 PM

I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

That is right. If you mine 10 bitcoin a month, then it is better to cover the cost by selling some and then save the rest.

if mining bitcoin better to sell. but if mining altcoin I think it's better to save it, because altcoin has the potential increased very high, so that you can benefit greatly from it.

But its very hard to know if when you need to sell your altcoin.. and we dont know when that the price will getting high.. if you are choosing new altcoin release in the market you have only 50%/50%. unlike analyzing what altcoin is the best to invest.. check coinmarketcap and choose top 20 altcoin is always the best to choose to invest.

I think it is good enough to mining altcoin newborn, has a the level of difficulty very small. so you can get a large number. then you wait for the price to rise so high, but in this case like to try your luck, that coins might rise so high or the coins into the trash.

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Quote from: dinda22 on August 19, 2016, 01:14:08 PM

Quote from: Pasutinmeur on August 19, 2016, 12:47:51 PM

Quote from: Akupuniard on August 18, 2016, 02:59:57 PM

I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

That is right. If you mine 10 bitcoin a month, then it is better to cover the cost by selling some and then save the rest.

if mining bitcoin better to sell. but if mining altcoin I think it's better to save it, because altcoin has the potential increased very high, so that you can benefit greatly from it.

But its very hard to know if when you need to sell your altcoin.. and we dont know when that the price will getting high.. if you are choosing new altcoin release in the market you have only 50%/50%. unlike analyzing what altcoin is the best to invest.. check coinmarketcap and choose top 20 altcoin is always the best to choose to invest.

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Quote from: Pasutinmeur on August 19, 2016, 12:47:51 PM

Quote from: Akupuniard on August 18, 2016, 02:59:57 PM

I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

That is right. If you mine 10 bitcoin a month, then it is better to cover the cost by selling some and then save the rest.

if mining bitcoin better to sell. but if mining altcoin I think it's better to save it, because altcoin has the potential increased very high, so that you can benefit greatly from it.

Pasutinmeur

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Quote from: Akupuniard on August 18, 2016, 02:59:57 PM

I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

That is right. If you mine 10 bitcoin a month, then it is better to cover the cost by selling some and then save the rest.

Akupuniard

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I think that better to sell bigger part of mined coins to pay taxes and other stuff, because it's not so good to save many coins when you know that price is unstable.

youhgt2

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depending on you if you really want to save it and hold it for long term investment it is too good. and if you just want to sell it you can sell it on the spot. there is no restriction on you because you are the owner of your bitcoin.

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Quote from: Capradina on August 17, 2016, 09:20:01 AM

Yeah, this is the most profitable for us. because the price is very ethreum both over the counter and will definitely be beneficial for us. But still don't overdo when mining or trading in the ethereum, for altcoin is still early enough to be given credence. Unlike the bitcoin, which I'm sure everyone will definitely have more confidence against bitcoin

Why bother to mine if you can make a strategical way by only doing trading. It's far more less hassle than doing such mining. Altcoins is meant for profit taking only so don't waste energy to mine it but rather get it thru a wise trading.

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Quote from: Alubert on August 17, 2016, 09:08:33 AM

Quote from: DuckKeeper on August 16, 2016, 08:09:58 AM

Quote from: goldcoinminer on August 16, 2016, 04:21:04 AM

Quote from: madwica on August 16, 2016, 03:07:32 AM

Quote from: Kotone on August 16, 2016, 12:51:55 AM

Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

That is best idea for the miners, that they only less the expenses of their mining then the rest would be their saving and wait for the right time to sell their mine bitcoin, we all know that the bitcoin value is continuous rising because of the continuous adoption of more people and some stores are starting to received bitcoin as their payment.

I think it is not easy to mine now with bitcoins because of the halving, only the big mining business is profitable in the venture. Only those early miners are getting lucky because they have the cheap bitcoin that time and they are making money with the current price if they will sell it.

Mining today is only for the bitcoin boys. We home miners can't make a good profit. Even with cloud mining. Buying coins is safer and gives more profit.

You can mine the altcoins and then sell them for the bitcoin. It is much more profitable to mine the altcoins such as Ethereum.

Yeah, this is the most profitable for us. because the price is very ethreum both over the counter and will definitely be beneficial for us. But still don't overdo when mining or trading in the ethereum, for altcoin is still early enough to be given credence. Unlike the bitcoin, which I'm sure everyone will definitely have more confidence against bitcoin

Alubert

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Quote from: DuckKeeper on August 16, 2016, 08:09:58 AM

Quote from: goldcoinminer on August 16, 2016, 04:21:04 AM

Quote from: madwica on August 16, 2016, 03:07:32 AM

Quote from: Kotone on August 16, 2016, 12:51:55 AM

Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

That is best idea for the miners, that they only less the expenses of their mining then the rest would be their saving and wait for the right time to sell their mine bitcoin, we all know that the bitcoin value is continuous rising because of the continuous adoption of more people and some stores are starting to received bitcoin as their payment.

I think it is not easy to mine now with bitcoins because of the halving, only the big mining business is profitable in the venture. Only those early miners are getting lucky because they have the cheap bitcoin that time and they are making money with the current price if they will sell it.

Mining today is only for the bitcoin boys. We home miners can't make a good profit. Even with cloud mining. Buying coins is safer and gives more profit.

You can mine the altcoins and then sell them for the bitcoin. It is much more profitable to mine the altcoins such as Ethereum.

DuckKeeper

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Quote from: goldcoinminer on August 16, 2016, 04:21:04 AM

Quote from: madwica on August 16, 2016, 03:07:32 AM

Quote from: Kotone on August 16, 2016, 12:51:55 AM

Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

That is best idea for the miners, that they only less the expenses of their mining then the rest would be their saving and wait for the right time to sell their mine bitcoin, we all know that the bitcoin value is continuous rising because of the continuous adoption of more people and some stores are starting to received bitcoin as their payment.

I think it is not easy to mine now with bitcoins because of the halving, only the big mining business is profitable in the venture. Only those early miners are getting lucky because they have the cheap bitcoin that time and they are making money with the current price if they will sell it.

Mining today is only for the bitcoin boys. We home miners can't make a good profit. Even with cloud mining. Buying coins is safer and gives more profit.

goldcoinminer

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Quote from: madwica on August 16, 2016, 03:07:32 AM

Quote from: Kotone on August 16, 2016, 12:51:55 AM

Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

That is best idea for the miners, that they only less the expenses of their mining then the rest would be their saving and wait for the right time to sell their mine bitcoin, we all know that the bitcoin value is continuous rising because of the continuous adoption of more people and some stores are starting to received bitcoin as their payment.

I think it is not easy to mine now with bitcoins because of the halving, only the big mining business is profitable in the venture. Only those early miners are getting lucky because they have the cheap bitcoin that time and they are making money with the current price if they will sell it.

madwica

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Quote from: Kotone on August 16, 2016, 12:51:55 AM

Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

That is best idea for the miners, that they only less the expenses of their mining then the rest would be their saving and wait for the right time to sell their mine bitcoin, we all know that the bitcoin value is continuous rising because of the continuous adoption of more people and some stores are starting to received bitcoin as their payment.

Kotone

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Quote from: Lituation on November 26, 2015, 06:09:53 PM

I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

I agree with that. I will use it to save as for now but if I will need it for buying or paying my needs, then I will spend it. Sometimes its better to spend it rather than save it. Try use it on gambling sites or sometimes at investing sites.

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Quote from: ttargett on August 15, 2016, 06:43:58 PM

Quote from: Crazygreek on August 15, 2016, 04:39:23 PM

I think that if you have enough money for life, you should save other coins, cause someday price will be much more bigger than in day when coin was mined.

i would definitely save the coins at first either but when i would have a lot of it i would most probably sell it

It is actually easy to say that you are gonna save your coins but in reality you will be affected with the market movement especially when you are monitoring the price consistently, panics happen so you need to be strong enough to resist the temptation of selling.

ttargett

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Quote from: Crazygreek on August 15, 2016, 04:39:23 PM

I think that if you have enough money for life, you should save other coins, cause someday price will be much more bigger than in day when coin was mined.

i would definitely save the coins at first either but when i would have a lot of it i would most probably sell it

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