Mining coins save or sell it? - page 63.

Jmild1

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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.

JessicaSe

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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.

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.

DuckKeeper

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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.

greatr

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Quote from: Rizky Aditya on June 14, 2016, 06:37:40 AM

I think that it is smarter to save you coins so that you earn more money. Especially with halving near, you could make a lot of profit compared to if you sell it now.

thats true, its better to save your coins at the moment because the price can grow really fast right now

Rizky Aditya

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I think that it is smarter to save you coins so that you earn more money. Especially with halving near, you could make a lot of profit compared to if you sell it now.

Ayers

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Quote from: CoinHopper on June 14, 2016, 06:26:30 AM

Sell sell sell. Mining is not a speculative sport. It's a for profit business..

i disagree, those miners that held when bitcoin was $430 now have 50% more profit! it's better to hold for now miners or not, you will make very good profit

CoinHopper

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Two heads are better than one.

Sell sell sell. Mining is not a speculative sport. It's a for profit business..

Jiamaf

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Quote from: rekinthis on June 12, 2016, 04:41:16 AM

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?

well now before halving i think that you should save as much as you can of them and sell after halving, because price then will be really larger than it is now

but after halving, i think that you should sell bitcoins just to pay for electricity and other fees that you get for mining because now i don't think that you can pay them with bitcoins

That could be a good idea. But I think the price will keep on rising for very long time. So I will hold on to it.

rekinthis

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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?

well now before halving i think that you should save as much as you can of them and sell after halving, because price then will be really larger than it is now

but after halving, i think that you should sell bitcoins just to pay for electricity and other fees that you get for mining because now i don't think that you can pay them with bitcoins

Semidetached

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I use them when I get them. It's better than selling them in my mind. But hey sometimes you just have to dump your coins into fiat to pay for things you can't pay for in Bitcoin.

Xestadar

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Quote from: Ayers on June 10, 2016, 06:14:56 AM

Quote from: Dakron on June 10, 2016, 03:01:51 AM

For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin

but if everyone will hold the coin, how can the price increase? someone must buy and hold, not just hold, i guess those rich people will pump and make everyone else rich lol, for now i'm mining alt and dumping for bitcoin

That is the reason I also use some coins. The usage or the circulation will make it work like money, that will increase the value.

Ayers

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Quote from: Dakron on June 10, 2016, 03:01:51 AM

For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin

but if everyone will hold the coin, how can the price increase? someone must buy and hold, not just hold, i guess those rich people will pump and make everyone else rich lol, for now i'm mining alt and dumping for bitcoin

InsideBjorn

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Quote from: DuckKeeper on June 09, 2016, 04:50:44 AM

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?

Mining coins at the moment is not the best thing to do because I believe that it is not profitable any more. So at the moment selling them is the better option to choose out of.

You have to hold it now and that is because the price is now started to rise so maybe you can sell it after the price rise and that should be nice for you.
The only thing that you never know is when it will stop rise and for how long it will rise and that is the risky thing of selling, you have to choose the right moment.

Dakron

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For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin

sobsitesearch

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It depends on your need or wants and also depends of the price of bitcoin. If the price of coins will dump i will buy the wait to rise it again then sell.
When if i have something need to buy but it is not available in bitcoin thats the time to sell my bitcoin.

Cybertron00

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Well it depends on the coin. First do a research about the coin your mining if you think it's dev have good plans for it in the future, you can consider saving it but if your research says that the dev have no good plans, maybe you should consider selling it. Just watch its price though.

Mvaporis1961

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Save your coins especially your bitcoins until the halving comes to get or gain more money by just holding it and selling to for a higher price after the halving comes in the month of july.

yhansky

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Mining coins can give you long term profit,save or hold gives you instant profit but selling after 1 week after you bought gives you no proft at all. .so best way is mining and hold your coins

DuckKeeper

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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?

Mining coins at the moment is not the best thing to do because I believe that it is not profitable any more. So at the moment selling them is the better option to choose out of.

Nouelle-Hunter

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Well first of all what coin is it that your mining? if it has a good projects in the future Ill say you hold it. Grin

Topic: Mining coins save or sell it? - page 63. (Read 106756 times)