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Topic: Mining coins save or sell it? - page 56. (Read 106756 times)

hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
July 07, 2016, 11:39:36 PM
Those big companies only can make a large profit from mining... If you still want to mine coins, you should know first what alt coin can take an advantage later on and will give you money. All you need to do now is to save them and invest some of it.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
July 07, 2016, 09:41:37 PM
Personally i dont mine,and for some reason i have never liked mining,and well looks like it won't
never change cause it makes less and less profitable.
But i would suggest you investing whole coins you mined,into some safe asset's where you can yield profit every month the same u did with mining.
Because mining this days is not that profitable like the old days, now is the time to move on as mining is only for big capitalist and for us we just have to focus on trading and investing.
hero member
Activity: 574
Merit: 500
July 07, 2016, 09:01:40 PM
Personally i dont mine,and for some reason i have never liked mining,and well looks like it won't
never change cause it makes less and less profitable.
But i would suggest you investing whole coins you mined,into some safe asset's where you can yield profit every month the same u did with mining.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
July 07, 2016, 08:44:55 PM
currently i mining ethereum, and im hold it, waiting rprice rising to 0.03 then holding bitcoin, i get some salary from signature campaign, so for electric cost i will use salary from campaign to pay it.

i think holding our coin from mining is better then sell it in low price.
sr. member
Activity: 378
Merit: 251
July 07, 2016, 06:52:54 PM
Need to have a plan of wastings, if you earning a lot of bitcoins or other coins, you can sell it everytime and live on this money, in other cases better to hold some coins.
newbie
Activity: 54
Merit: 0
July 07, 2016, 05:29:14 PM
it is a bad chose to sell all right now the price will grow so soon i think even if you try mining or trade with bitcoin will be better to give you more bitcoin and that profit will grow when the price of bitcoin grow too.
legendary
Activity: 1526
Merit: 1001
July 07, 2016, 04:57:28 PM
Mining is not the thing I would do right now because its just not very smart in my eyes, why would you even do it.
Mining is not profitable anymore it even cost more power than it will provide..

Mining bitcoin can not be profitable if you are mining with the old mining rigs, the new one like S7 and S9 are profitable to mine, of course they spend lots of power but at the end of the month there is a profit. Miners usually don't sell those coins as they think that the price increases but if they need to pay the electricity then they have to sell them.
sr. member
Activity: 364
Merit: 250
July 07, 2016, 04:44:59 PM
Mining is not the thing I would do right now because its just not very smart in my eyes, why would you even do it.
Mining is not profitable anymore it even cost more power than it will provide..
hero member
Activity: 490
Merit: 520
July 07, 2016, 04:15:31 PM
If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

Unit value of mined coins will be same but exchange rate of certain mined coin may be vary. It depends up on market condition so its better to sell mined coins  and invest in newly growing altcoins as price will up then sell them and get profit residually.
That's actually not a bad idea, but I think it would require a lot of research and so into the different coins and it simply might not be worth it for a lot of miners to take their additional mining income and use it to trade altcoins. There is a very selective number of alts that could actually maintain or procure some value, and those alts typically don't last for long.
sr. member
Activity: 465
Merit: 250
July 07, 2016, 04:11:52 PM
If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

You also better now keep them because the worth is going to get up and the fact is also that the bitcoin is going to a higher amount for sure with it nice amount of bitcoins.
You can make so munch profit with mining and now holding, mining will also not be profitable anymore when the halving is happened.
hero member
Activity: 1568
Merit: 502
July 07, 2016, 03:56:13 PM
If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

Unit value of mined coins will be same but exchange rate of certain mined coin may be vary. It depends up on market condition so its better to sell mined coins  and invest in newly growing altcoins as price will up then sell them and get profit residually.
full member
Activity: 302
Merit: 100
July 07, 2016, 03:45:55 PM
If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.
member
Activity: 98
Merit: 10
July 07, 2016, 04:31:19 AM
If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.

legendary
Activity: 1008
Merit: 1000
July 07, 2016, 04:21:26 AM
How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.
I think it is more costly to have a mining business than buying bitcoins alone, we don't mind for free and that is for sure as we need to spend for the mining rig and the electricity consumption to operate.

Mining won't be profitable at this stage, price has gone down so I think buying some coins right now would be a good choice and saving them for future can be more profitable.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
July 07, 2016, 04:17:05 AM
How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.
I think it is more costly to have a mining business than buying bitcoins alone, we don't mind for free and that is for sure as we need to spend for the mining rig and the electricity consumption to operate.
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
July 07, 2016, 02:31:45 AM
How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.
hero member
Activity: 546
Merit: 500
July 05, 2016, 09:49:09 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?
At the moment it does not make much sense any more to mine coins because it is not going to earn you any profit anymore. The best option right now is to just buy them with your own money and save them for a while.
When you have saved them for a while then you just sell them for more money to make a profit.

Mining is not to earn money for many people who are in the place where the electricity price is higher.

if they know, actually mining altcoins quite profitable if they know a good coin.
but indeed if they hear about mining, yes it sounds difficult, because it must require tools for mining and electricity costs are also high.

yeah mining at this stage is not profitable and also an expensive affair, halving is approaching so best thing is to buy before it and sell if price is good for you or else save it for future.
Mining requires a lot of capital and effort while investing you can start with your desired amount and if what you have predicted happen then the result would be easy money for you.

I mine altcoin, especially the Ethereum at the moment. I sell most of them for the bitcoin and save some of them.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
July 05, 2016, 02:37:27 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?
At the moment it does not make much sense any more to mine coins because it is not going to earn you any profit anymore. The best option right now is to just buy them with your own money and save them for a while.
When you have saved them for a while then you just sell them for more money to make a profit.

Mining is not to earn money for many people who are in the place where the electricity price is higher.

if they know, actually mining altcoins quite profitable if they know a good coin.
but indeed if they hear about mining, yes it sounds difficult, because it must require tools for mining and electricity costs are also high.

yeah mining at this stage is not profitable and also an expensive affair, halving is approaching so best thing is to buy before it and sell if price is good for you or else save it for future.
Mining requires a lot of capital and effort while investing you can start with your desired amount and if what you have predicted happen then the result would be easy money for you.
hero member
Activity: 812
Merit: 1000
July 04, 2016, 07:25:31 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?
At the moment it does not make much sense any more to mine coins because it is not going to earn you any profit anymore. The best option right now is to just buy them with your own money and save them for a while.
When you have saved them for a while then you just sell them for more money to make a profit.

Mining is not to earn money for many people who are in the place where the electricity price is higher.

if they know, actually mining altcoins quite profitable if they know a good coin.
but indeed if they hear about mining, yes it sounds difficult, because it must require tools for mining and electricity costs are also high.

yeah mining at this stage is not profitable and also an expensive affair, halving is approaching so best thing is to buy before it and sell if price is good for you or else save it for future.
legendary
Activity: 1232
Merit: 1000
July 04, 2016, 06:46:26 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?
At the moment it does not make much sense any more to mine coins because it is not going to earn you any profit anymore. The best option right now is to just buy them with your own money and save them for a while.
When you have saved them for a while then you just sell them for more money to make a profit.

Mining is not to earn money for many people who are in the place where the electricity price is higher.

if they know, actually mining altcoins quite profitable if they know a good coin.
but indeed if they hear about mining, yes it sounds difficult, because it must require tools for mining and electricity costs are also high.
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