Mining coins save or sell it? - page 54.

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Quote from: coin_gambler on July 20, 2016, 04:48:53 PM

Quote from: X7 on July 20, 2016, 12:36:53 PM

Save it and wait for higher prices

i think you might be right about this, i would definitely save all the bitcoins in order to mak some more profit

yeah, the right decision is to save our coins for more time in our wallet to get some more profit, the price of bitcoin will now in the coming months increase and so we all will get higher profit from them.

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Quote from: X7 on July 20, 2016, 12:36:53 PM

Save it and wait for higher prices

i think you might be right about this, i would definitely save all the bitcoins in order to mak some more profit

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Quote from: Alubert on July 20, 2016, 12:33:45 PM

Quote from: Shibashi Dogemoto on July 14, 2016, 10:10:25 AM

Quote from: sanas on July 14, 2016, 09:59:33 AM

It is better to buy some bitcoin instead of mining for most people especially those with high electricity price.

Yes, mining is not profitable at this stage, in fact its an expensive affair, best way to make profits is to buy them and save it for future and sell when price reaches to the roof.

Only some altcoins are profitable to mine. You can mine the Ethereum, Siacoin or the Decred and sell for bitcoin.

The Ethereum price just rose, it is more profitable to mine now. In the last few days, it was not the most profitable.

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Save it and wait for higher prices

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Quote from: Shibashi Dogemoto on July 14, 2016, 10:10:25 AM

Quote from: sanas on July 14, 2016, 09:59:33 AM

It is better to buy some bitcoin instead of mining for most people especially those with high electricity price.

Yes, mining is not profitable at this stage, in fact its an expensive affair, best way to make profits is to buy them and save it for future and sell when price reaches to the roof.

Only some altcoins are profitable to mine. You can mine the Ethereum, Siacoin or the Decred and sell for bitcoin.

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Quote from: sanas on July 14, 2016, 09:59:33 AM

It is better to buy some bitcoin instead of mining for most people especially those with high electricity price.

Yes, mining is not profitable at this stage, in fact its an expensive affair, best way to make profits is to buy them and save it for future and sell when price reaches to the roof.

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It is better to buy some bitcoin instead of mining for most people especially those with high electricity price.

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Quote from: Hatuferu on July 14, 2016, 08:42:44 AM

Quote from: JumperX on July 14, 2016, 08:16:19 AM

Quote from: BitMaxz on July 14, 2016, 08:06:26 AM

In my opinion its depends of the price of the coin altcoin or bitcoin.. if the price of bitcoin is low you should save it and wait for the price increase to make more profit.. for altcoin i think the same you should sell it when the price is high but you didnt know when the price of altcoin will be high..
So better to hold it if you know that altcoin will stay alive for a long time but if that coins is no potencial that it will stay at the market you should sell it..

If price is low then I think we can buy some more and save it for future, price is $660 at a moment so its better to wait for a while for price drop to buy some more of them.

I suggest you observed the price for at least a month after the halving, price may go abrupt increase or decrease but one thing is certain, the price will rise big within this year, so it is up to you because you are the one who is taking the risk.

Everyone is hoping to see higher price in this year, and if it happens then buying at this stage would be really profitable, no doubt there is risk in buying at a moment as no one is sure what will happen in coming months.

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Quote from: JumperX on July 14, 2016, 08:16:19 AM

Quote from: BitMaxz on July 14, 2016, 08:06:26 AM

In my opinion its depends of the price of the coin altcoin or bitcoin.. if the price of bitcoin is low you should save it and wait for the price increase to make more profit.. for altcoin i think the same you should sell it when the price is high but you didnt know when the price of altcoin will be high..
So better to hold it if you know that altcoin will stay alive for a long time but if that coins is no potencial that it will stay at the market you should sell it..

If price is low then I think we can buy some more and save it for future, price is $660 at a moment so its better to wait for a while for price drop to buy some more of them.

I suggest you observed the price for at least a month after the halving, price may go abrupt increase or decrease but one thing is certain, the price will rise big within this year, so it is up to you because you are the one who is taking the risk.

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Quote from: BitMaxz on July 14, 2016, 08:06:26 AM

In my opinion its depends of the price of the coin altcoin or bitcoin.. if the price of bitcoin is low you should save it and wait for the price increase to make more profit.. for altcoin i think the same you should sell it when the price is high but you didnt know when the price of altcoin will be high..
So better to hold it if you know that altcoin will stay alive for a long time but if that coins is no potencial that it will stay at the market you should sell it..

If price is low then I think we can buy some more and save it for future, price is $660 at a moment so its better to wait for a while for price drop to buy some more of them.

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In my opinion its depends of the price of the coin altcoin or bitcoin.. if the price of bitcoin is low you should save it and wait for the price increase to make more profit.. for altcoin i think the same you should sell it when the price is high but you didnt know when the price of altcoin will be high..
So better to hold it if you know that altcoin will stay alive for a long time but if that coins is no potencial that it will stay at the market you should sell it..

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Quote from: MaritiJames3 on July 14, 2016, 05:30:55 AM

It is not a good idea anymore to be mining coins right now because the halving is going to happen soon and it becomes harder to earn coins.
Buying and selling when you can make a profit is the better strategy at the moment.

Look its insane if you are talking about the halving that has happened already, or you talking about the next one into 5 years that will come?Altcoins mined or earned should be hold as long as possible as the coin is being traded daily over 5btc, lower then this may be risky.

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Quote from: MaritiJames3 on July 14, 2016, 05:30:55 AM

It is not a good idea anymore to be mining coins right now because the halving is going to happen soon and it becomes harder to earn coins.
Buying and selling when you can make a profit is the better strategy at the moment.

Yeah buying now and saving it for future is the best thing to do at a moment, and sell when price goes higher in future to secure some descent profits.

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It is not a good idea anymore to be mining coins right now because the halving is going to happen soon and it becomes harder to earn coins.
Buying and selling when you can make a profit is the better strategy at the moment.

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Quote from: Babayega31 on July 14, 2016, 02:43:02 AM

Many miners really shift to mine ethereum because it is more profitable coins and ideal one since bitcoin gotten more difficulty and unprofitable now but for thinking that it will surpass bitcoin for near future well never gonna be happen, ethereum got many things to prove to people since its very clear that all people today uses bitcoin for daily transaction basis and they are trading their eth to change it to btc so thats why i dont really believe that ethereum can really takeover its place.

Any good basis or proof that most of the miners shift to eth?

And no basis to believe that eth can surpass what btc can do. Look at the current status of eth today. The recent pump of it is just a clear profit taking.

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If you save all your bitcoins, how will you get the money to stay solvent?

We all know that the profitability of bitcoin mining has reduced, so what do you do to maintain operating costs if you don't sell some of the coins you mine?

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Quote from: outatime1 on July 12, 2016, 05:35:59 PM

I would suggest selling the altcoins that are not doing well because if they take a price drop, it's not likely that they will gain traction again. You could keep any altcoins that have potential to be good ones or are already worth something (ETH, DASH, etc). I would also keep bitcoins because they have the most potential.

I guess here the topic is for saving and mining, It will be nice if you are going to save it, that will be very good for you and you will have some more money later I think.
We just must hope that the value will rise in the future and than it will be very good who already have save their Bitcoins.

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Quote from: madwica on July 14, 2016, 02:19:49 AM

Quote from: freedomgo on July 14, 2016, 02:03:07 AM

Quote from: mrhelpful on July 12, 2016, 05:44:42 PM

Quote from: outatime1 on July 12, 2016, 05:35:59 PM

I would suggest selling the altcoins that are not doing well because if they take a price drop, it's not likely that they will gain traction again. You could keep any altcoins that have potential to be good ones or are already worth something (ETH, DASH, etc). I would also keep bitcoins because they have the most potential.

I wouldnt suggest anyone into alt coins if they themself havent done any homework on it.

Just know also that the recent events with the ETH made people convert most into bitcoin for the time being.. due to past events which you can look up on.

Ethereum is great! I believe it can recover from crisis and the price will be back on top, for me I see this as an opportunity when the price is falling back hard, this is the time to buy although this is risky but if you believe in a certain investment you will accept whatever the outcome.

More people start to mine ethereum they believe it will take over the bitcoin, that is why the best thing to do is to keep all the altcoin into wallet and wait for the right time to sell it. That is correct, believing to the coin where you invest is the best thing to do.

Many miners really shift to mine ethereum because it is more profitable coins and ideal one since bitcoin gotten more difficulty and unprofitable now but for thinking that it will surpass bitcoin for near future well never gonna be happen, ethereum got many things to prove to people since its very clear that all people today uses bitcoin for daily transaction basis and they are trading their eth to change it to btc so thats why i dont really believe that ethereum can really takeover its place.

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Quote from: freedomgo on July 14, 2016, 02:03:07 AM

Quote from: mrhelpful on July 12, 2016, 05:44:42 PM

Quote from: outatime1 on July 12, 2016, 05:35:59 PM

I would suggest selling the altcoins that are not doing well because if they take a price drop, it's not likely that they will gain traction again. You could keep any altcoins that have potential to be good ones or are already worth something (ETH, DASH, etc). I would also keep bitcoins because they have the most potential.

I wouldnt suggest anyone into alt coins if they themself havent done any homework on it.

Just know also that the recent events with the ETH made people convert most into bitcoin for the time being.. due to past events which you can look up on.

Ethereum is great! I believe it can recover from crisis and the price will be back on top, for me I see this as an opportunity when the price is falling back hard, this is the time to buy although this is risky but if you believe in a certain investment you will accept whatever the outcome.

More people start to mine ethereum they believe it will take over the bitcoin, that is why the best thing to do is to keep all the altcoin into wallet and wait for the right time to sell it. That is correct, believing to the coin where you invest is the best thing to do.

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Quote from: mrhelpful on July 12, 2016, 05:44:42 PM

Quote from: outatime1 on July 12, 2016, 05:35:59 PM

I would suggest selling the altcoins that are not doing well because if they take a price drop, it's not likely that they will gain traction again. You could keep any altcoins that have potential to be good ones or are already worth something (ETH, DASH, etc). I would also keep bitcoins because they have the most potential.

I wouldnt suggest anyone into alt coins if they themself havent done any homework on it.

Just know also that the recent events with the ETH made people convert most into bitcoin for the time being.. due to past events which you can look up on.

Ethereum is great! I believe it can recover from crisis and the price will be back on top, for me I see this as an opportunity when the price is falling back hard, this is the time to buy although this is risky but if you believe in a certain investment you will accept whatever the outcome.

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