Mining coins save or sell it? - page 62.

upsidedown75

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Quote from: gerXhonza on June 17, 2016, 12:57:46 AM

Quote from: Hatuferu on June 16, 2016, 04:15:36 AM

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.

hendra147

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Quote from: SquallLeonhart on June 17, 2016, 04:50:41 AM

Quote from: greBit on June 17, 2016, 04:31:33 AM

Quote from: Cozynunu on June 17, 2016, 04:09:28 AM

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.

Agreed mining will waste your time, money and energy the best thing to do right now is to save coins for future as it is predicted that price will be too high at the end of the year.

Are you sure mining just waste time, money and energy? if you can see the potential of the coin, then you mine it. you can get a huge advantage. My friend had the experience, when he was mining coin and managed to gain 15 BTC. but it is quite foreign coins, because not many people who know and coins that exist in the exchanger china.

DarkThrones

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Miners have big bills to pay so they often sell daily what they manage to earn. Electricity fees are HUGE even at low rates like .06 and also the hardware is very expensive upfront costs.

SquallLeonhart

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Quote from: greBit on June 17, 2016, 04:31:33 AM

Quote from: Cozynunu on June 17, 2016, 04:09:28 AM

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.

Agreed mining will waste your time, money and energy the best thing to do right now is to save coins for future as it is predicted that price will be too high at the end of the year.

greBit

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Quote from: Cozynunu on June 17, 2016, 04:09:28 AM

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.

yhansky

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Save and sell... when the price increase sell it ,and when it goes down buy bitcoin hold / save it for anothef price increase.
It can give you profit anytime you want to.

Cozynunu

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Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

gerXhonza

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Quote from: Hatuferu on June 16, 2016, 04:15:36 AM

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.

Text

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The value of bitcoin is already moving upward and it would still go higher until late of June in my opinion. I likely suggest to convert your mined coins (alt coins) to BTC to maximize your earnings and keep it for a while for you to make a profit.

Hatuferu

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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.

DarkThrones

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When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.

Jmild1

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Quote from: serjent05 on June 15, 2016, 04:06:48 AM

Quote from: Amph on November 26, 2015, 02:02:01 PM

sell those garbage they are not worth anything, i would keep only the top 5 altcoin in the marketcap or at worst the top 10

when i was instamining the altsection basically, i remember that i was mining and then selling very quicjly everything on the same announcement thread, very profitable experience

I agree, keep only those who are on the top list else other coin are just for the mine - dump scheme. I have seen this scenario a hundred times. A friend of mine used to trade different altcoin, he get profit from trading but make sure he will increase his holdings. After sometime his holdings become nothing, After a year of keeping the coin to his wallet and forgeting it, he remembered he has this numbers of altcoins.. and when he checked the thread, they are dead or their value is way low than it was before.

How to check the coins if they are on the top list of trusted coins? Yes I agree that some of the coins are just there to make a manipulative price and profit with it, but i want to know how you guys check the trusted coins around.

sobsitesearch

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Quote from: Sled on June 15, 2016, 08:39:15 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

CrimBit

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I mining etherum, for get more ethereum i need to sell my earning to buy new VGA then i can get highest hash and start get ethereum as much as possible.

Sled

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Bitcoin- in bullish time

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.

clickerz

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All of us here agree that saving your bitcoin at this moment is the best you can do now. Let this halving period pass, and also observe the price movement of bitcoin as it was steadily rising now. If your not in a hurry or badly needed cash why not save first your bitcoin. If its a mined altcoin, I think its better to convert it to bitcoin first.

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Quote from: DuckKeeper on June 14, 2016, 11:16:40 AM

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Saving will be now the best thing that you can do and there are not that many reason to sell it because the value of Bitcoin is going to be higher soon which that is perfect for all of us with Bitcoin.
Patience is really important in Bitcoin if you want to earn some money with it and that is because you have to wait for the right moment to sell it and that should make some profit for you.

praprata

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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?

I think that saving them is the best option right now because the price is still rising so that you can sell them when it is at is highest in this period. So save them for a while.

serjent05

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Quote from: Amph on November 26, 2015, 02:02:01 PM

sell those garbage they are not worth anything, i would keep only the top 5 altcoin in the marketcap or at worst the top 10

when i was instamining the altsection basically, i remember that i was mining and then selling very quicjly everything on the same announcement thread, very profitable experience

I agree, keep only those who are on the top list else other coin are just for the mine - dump scheme. I have seen this scenario a hundred times. A friend of mine used to trade different altcoin, he get profit from trading but make sure he will increase his holdings. After sometime his holdings become nothing, After a year of keeping the coin to his wallet and forgeting it, he remembered he has this numbers of altcoins.. and when he checked the thread, they are dead or their value is way low than it was before.

JeanMcCoy

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Quote from: Jmild1 on June 15, 2016, 02:12:18 AM

Quote from: JessicaSe on June 14, 2016, 11:19:11 AM

Quote from: DuckKeeper on June 14, 2016, 11:16:40 AM

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Mining at this stage is not profitable but saving till halving can be good and if you are satisfied with current price then you can afford to sell it too to grab some profits.

Its true because mining became harder and more and more people quitted mining bitcoin because rigs are so expensive that they cant profit on the block they earn. Only pioneer are the one who stayed mining at bitcoin.

Saving will be now the best thing that you can do and that is because you have to know that the value of Bitcoin will be more worth and that is really nice.
Patience is really important in Bitcoin otherwise you are not to be able to earn profit with Bitcoin and that is bad.

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