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Topic: Mining coins save or sell it? - page 51. (Read 106756 times)

hero member
Activity: 546
Merit: 500
July 30, 2016, 02:13:38 PM
If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.
hero member
Activity: 952
Merit: 500
July 30, 2016, 03:16:18 AM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

A combination of saving and selling the coins you need to pay the bills is the best.
If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years.

we should not have to go for the combination, but we have to save when we do not need money and when we need some money for paying our bills then at that time we should have to sell our coins.
Exactly, we only save after we were able to pay all our expenses in the mining operation and for me that is the necessary things to do. Our savings could give as fortune in the future if you hold a considerable number of it, who knows that the coins you are holding that is worthless now would be precious in the future.
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
July 29, 2016, 03:58:33 PM
Depends on what do you mean by 'a lot of Coins'. Do you mean you have alternative cryptocurrencies, or you use more than one cryptocurrency or do you have a few Bitcoins in your wallet.

If you have one or more alternative cryptocurrencies you can exchange them for Bitcoins or keep some coins with potential and then sell them or exchange for Bitcoin. I recommend exchanging everything to Bitcoin. If you have a few Bitcoins invest them or simply hold them for a higher price and then convert about 60% to 80% of them to fiat.
hero member
Activity: 1078
Merit: 514
July 29, 2016, 03:48:02 PM
The price for bitcoin is pretty high now, 670$ per 1 BTC, and experts who are earning money on the currency difference are saying that it should to be like that: buy when the price is low - sell when the price is high. So now it's high and you can sell it, but same bitcoin experts say that price will rise soon, so you can wait a bit and check it out.
hero member
Activity: 798
Merit: 500
July 29, 2016, 03:29:25 PM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

A combination of saving and selling the coins you need to pay the bills is the best.
If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years.

we should not have to go for the combination, but we have to save when we do not need money and when we need some money for paying our bills then at that time we should have to sell our coins.
sr. member
Activity: 378
Merit: 251
July 29, 2016, 02:36:12 PM
At my opinion better to sell mined coins, because to pay all taxes need a lot of money and also need to save something on life, but i am not miner and maybe i am wrong.
full member
Activity: 164
Merit: 100
July 29, 2016, 12:25:12 PM
if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.

At the moment, it is more profitable to mine the altcoin than mining the bitcoin directly. You then sell the altcoin to buy bitcoin.

The Ethereum, (TCH or ETC), Siacoin and Decred are all more profitable to mine if you know how to do GPU mining.
hero member
Activity: 546
Merit: 500
July 29, 2016, 03:31:10 AM
if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.

At the moment, it is more profitable to mine the altcoin than mining the bitcoin directly. You then sell the altcoin to buy bitcoin.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 27, 2016, 02:18:32 PM
for now if you mine bitcoin is better to sell it because the value of bitcoin now is great then if bitcoin price will goes down it should be good to keep your mine coin it always depend on the price.

It's not that simple as you think. Mined bitcoin should be take in a serious consideration whether if you sold it or save it. Even the bitcoin price today was considered as high by the others, we must think of the operational cost we are spending in our mining operations. Honestly, with the current mining rewards, mined bitcoins should be save and not be sold with the current price.
full member
Activity: 164
Merit: 100
July 27, 2016, 01:18:58 PM
if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.
full member
Activity: 196
Merit: 100
July 27, 2016, 03:50:28 AM
if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 27, 2016, 03:46:31 AM
For altcoins is you are mining a specific coin, I suggest you should just save it because in the future the value would surely appreciate. I believe the huge volume coins will be big in the future so you only need to sell some to pay your expenses in mining.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 27, 2016, 03:24:29 AM
Depends on the current market situation, also if the price surpasses your mining operations by a great factor, maybe it's great to sell off some and keep something in your stash. The most important thing is the cost of your mining operation. If you know that you are selling on a loss, keep those coins and save until there comes a time when you can sell those for a profit (or just to breakeven).
sr. member
Activity: 406
Merit: 250
July 27, 2016, 02:58:44 AM
for now if you mine bitcoin is better to sell it because the value of bitcoin now is great then if bitcoin price will goes down it should be good to keep your mine coin it always depend on the price.
hero member
Activity: 546
Merit: 500
July 27, 2016, 01:41:27 AM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future

I will not go for mining at a moment as it will be an costly affair for me, instead I will prefer to buy and save it for long term to gain maximum profits from it in future.

If you can mine with graphics cards and mine the Ethereum, Siacoin or Decred, it will be very profitable.
hero member
Activity: 672
Merit: 503
July 26, 2016, 06:52:36 AM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future

I will not go for mining at a moment as it will be an costly affair for me, instead I will prefer to buy and save it for long term to gain maximum profits from it in future.
sr. member
Activity: 337
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
July 26, 2016, 04:44:48 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?

well if you don't have enough money to pay for electricity then you should sell them, but if you have enough then save them in your wallet
full member
Activity: 164
Merit: 100
July 26, 2016, 03:17:37 AM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future

I will do the same. The bitcoin price will rise a lot in the next few years, so it is better to hold for the long term.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
July 25, 2016, 05:39:50 PM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future
hero member
Activity: 714
Merit: 500
July 25, 2016, 05:37:27 PM
I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

A combination of saving and selling the coins you need to pay the bills is the best.
If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years.
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