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Topic: Mining coins save or sell it? - page 61. (Read 106756 times)

hero member
Activity: 574
Merit: 500
June 19, 2016, 05:21:13 AM
I think that when you mine coins it is not usually very profitable at all to sell it immediately. Rather you should definitely hang onto your coins for a certain period of time and wait till the price rises.

Then you could be making a ton more money.
hero member
Activity: 924
Merit: 1001
June 19, 2016, 02:15:26 AM
mining should be save to be profitable in the future.. but if you heard a news like ethereum right now better to sell it right now to still make a profit right  now until ethereum still have a good value..
full member
Activity: 252
Merit: 100
June 19, 2016, 01:36:37 AM
I think if you are really into mining, then it would be smart to save your coins instead of selling it straightaway. Especially after the halving when the price will probably take some time to readjust to the deserved level.

If you mined coins and held it for a month till now, then you would have already made $350 on each coin Tongue
But a typical minrr would make maybe $170/month after expenses on each mining unit he had. So waiting to sell really isn't worth it unless you got a pretty huge farm to where you can speculate and you don't need to sell that much to cover your bills.
sr. member
Activity: 294
Merit: 250
June 19, 2016, 01:17:43 AM
I think if you are really into mining, then it would be smart to save your coins instead of selling it straightaway. Especially after the halving when the price will probably take some time to readjust to the deserved level.

If you mined coins and held it for a month till now, then you would have already made $350 on each coin Tongue
hero member
Activity: 966
Merit: 546
June 18, 2016, 08:13:20 PM

Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
Yeah! Halving will bring great value for the bitcoin, holding and selling would be good but it should be properly calculated. Selling a certain percentage is better that selling all because bitcoin has still a lot of rooms to grow to increase the price in the future.
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This is exactly correct. The halving could have dramatically different results anywhere from the price flying up to $2,000 or there being a massive sell off to around 600 or 700 dollars. Regardless of what that crazy day holds, when the dust settles and people can see clearly, the simple supply and demand of economics will make it so that the price will rise slowly.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 18, 2016, 08:10:48 PM
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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck
Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
Yeah! Halving will bring great value for the bitcoin, holding and selling would be good but it should be properly calculated. Selling a certain percentage is better that selling all because bitcoin has still a lot of rooms to grow to increase the price in the future.
hero member
Activity: 966
Merit: 546
June 18, 2016, 07:31:29 PM
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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck
Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
newbie
Activity: 37
Merit: 0
June 18, 2016, 06:57:26 PM
Leave some and sell some for sure.  Roll Eyes
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 18, 2016, 06:46:22 PM
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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
June 18, 2016, 05:55:44 PM
I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
But how will miners manage to pay their bills and mining cost if they just save ? I think if you have enough money to pay the bills even after saving the bitcoins then please save it, because I can easily see price going over 1500$ at least.

If we talk about the normal users then I think they will prefer to save their coins for halving, as selling now is no more profitable as price will be higher at halving.

No matter where you get the bitcoins from, ( mining / Trading / Services /gambling)  keep them save for the halving to maximize the profits. Halving is 21 days from now and you should not sell it till halving.
legendary
Activity: 3052
Merit: 1188
June 18, 2016, 03:35:30 PM
If you want to follow my opinion, i will suggest to save it because we see that the bitcoin price is continue rising and also many users saying that it's better to save our coins than selling it now.
This is what on my mind mining the save it to my wallet i never sell my bitcoin this is for my future.
Saving now is profitable than selling because the price is now rising again thats the effect of halving
Yes and when the price is increasing it just keeps increasing and stops beyond $1000 or around that.
I would recommend to sell it once it starts to drop, while it is rising just keep all of it for later plans Wink
sr. member
Activity: 588
Merit: 250
June 18, 2016, 08:08:25 AM
I think that miners should sell a bigger part of earnings and save smallest part as investment, but i am not miner so i can't answer on this question clearly.
sr. member
Activity: 406
Merit: 250
June 18, 2016, 04:02:53 AM
sell 10% and hold the rest, bitcoin is going to the moon, if you are not stupid you should hold right now
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 18, 2016, 03:42:52 AM
We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.

This is the best time to save bitcoin for future as we are sure price will skyrocket in future and I don't think this can be profitable moment to sell our coins.
We cannot be sure but the probability is high, but I know that altcoins will have a big impact in the future. Bitcoin will not only the one coin that would dominate in the future, because when the demand will increase people will look for other coins that would satisfy their need, and we know that bitcoins is not at all.
hero member
Activity: 798
Merit: 1000
June 18, 2016, 03:07:00 AM
We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.

This is the best time to save bitcoin for future as we are sure price will skyrocket in future and I don't think this can be profitable moment to sell our coins.
full member
Activity: 121
Merit: 100
June 17, 2016, 05:58:51 PM
We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.
hero member
Activity: 952
Merit: 1000
June 17, 2016, 04:52:34 PM
Right now I would say it is probably best to sell whatever you mine, at least right now while the value is high, maybe hold it for a while if you're betting on holding more Bitcoin for future halvings, but it is always better to mine your Bitcoin and hold it for a halving event, unless the market forces you to sell earlier than that.

It's your choice, but it all depends on what you think the market will do in the future.

I am not at all interested  in mining at this stage as its no more profitable now, I would prefer to buy or earn bitcoin and save it for future to earn higher profits.
hero member
Activity: 490
Merit: 520
June 17, 2016, 04:33:43 PM
Right now I would say it is probably best to sell whatever you mine, at least right now while the value is high, maybe hold it for a while if you're betting on holding more Bitcoin for future halvings, but it is always better to mine your Bitcoin and hold it for a halving event, unless the market forces you to sell earlier than that.

It's your choice, but it all depends on what you think the market will do in the future.
hero member
Activity: 868
Merit: 1000
June 17, 2016, 04:09:00 PM
I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
But how will miners manage to pay their bills and mining cost if they just save ? I think if you have enough money to pay the bills even after saving the bitcoins then please save it, because I can easily see price going over 1500$ at least.

If we talk about the normal users then I think they will prefer to save their coins for halving, as selling now is no more profitable as price will be higher at halving.
newbie
Activity: 14
Merit: 0
June 17, 2016, 03:56:48 PM
stck some and sell some! you should try Minergate its pretty good!
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