Mining coins save or sell it? - page 70.

AlexBits

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Quote from: Crazygreek on April 13, 2016, 07:25:30 PM

Quote from: umaOuma on April 13, 2016, 11:44:37 AM

Quote from: BTcoint on April 13, 2016, 11:10:40 AM

mine only the coins that generate such high hype with the good concept lucky enough if those coins are new in the markets else try to save only the good concept coins and sell the coins of hype only.

Saving the coins is the right choice at a moment I guess, as if we save for the future then I think we can expect much higher profit by selling at a higher price in future.

Miners need to pay fees and also they can't really hold money for long cause they need always upgrading hardware for mine more money.

Mining coins now is better to save it, the value now around this time for the coin is not that best so it will be better if you are waiting a longer time so you will have more money.
The only thing that nobody will know is when the value of Bitcoin will rise and that is the problem.

ausbit

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Quote from: Jmild1 on April 11, 2016, 12:20:11 PM

If you want to help increase the value of bitcoin, store/save it. But if you want to earn some coins then sell it but it affect the value of bitcoin because it will decrease the demand of it, making the bitcoin's value also decrease.

Yes, if he stores his coins then the value will be increased to more height and the demand will be increased and the buyers will be willing to pay more price for that in order to buy some amount of bitcoins.

Crazygreek

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Quote from: umaOuma on April 13, 2016, 11:44:37 AM

Quote from: BTcoint on April 13, 2016, 11:10:40 AM

mine only the coins that generate such high hype with the good concept lucky enough if those coins are new in the markets else try to save only the good concept coins and sell the coins of hype only.

Saving the coins is the right choice at a moment I guess, as if we save for the future then I think we can expect much higher profit by selling at a higher price in future.

Miners need to pay fees and also they can't really hold money for long cause they need always upgrading hardware for mine more money.

umaOuma

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Quote from: BTcoint on April 13, 2016, 11:10:40 AM

mine only the coins that generate such high hype with the good concept lucky enough if those coins are new in the markets else try to save only the good concept coins and sell the coins of hype only.

Saving the coins is the right choice at a moment I guess, as if we save for the future then I think we can expect much higher profit by selling at a higher price in future.

BTcoint

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mine only the coins that generate such high hype with the good concept lucky enough if those coins are new in the markets else try to save only the good concept coins and sell the coins of hype only.

romero121

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Quote from: chaosknight on April 12, 2016, 03:46:36 PM

I don't think mining is the right choice at a moment, but I would surely buy if I have money and save it for next couple of months and sell at the time of halving when price is higher.

Mining is also a good choice of earning at this time. Users who have already involved in mining can save their mined coins as they can get a good profit if sold after the halving.

maudevang

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Quote from: tampazeus on April 12, 2016, 09:37:28 AM

Quote from: Piltover on April 12, 2016, 07:34:39 AM

I would save them for later, its gonna be harder to mine in the future and the price is gonna rise because of the halving.
Selling would because of that not smart because you could make more profit if you hold them and wait till the price has been raised to a higher amount.

Buying now and saving now is the good thing, as if you sell it now then you will not get higher profits but if you save for future and sell after say 5 years then you can earn huge profits.

Saving is indeed good and mining is also nice to do now because if you can see you see that the value of Bitcoin is rising slowly so that is nice for people who already have Bitcoin.
The only thing is that you can wait a really long time for that high value so you need a lot of patience for it.

ricardobs

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Quote from: stromma44 on April 11, 2016, 11:11:57 AM

Mining doesn't seem to be profitable at a moment, but I think buying now and saving for future can be the right way to grow your bitcoin for future.

But according to his post/thread, he is already a miner and mining some amount of bitcoin and now he is asking that what should he have to do with his coins which he is mining.

At the current situation no one should have to sell.

chaosknight

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I don't think mining is the right choice at a moment, but I would surely buy if I have money and save it for next couple of months and sell at the time of halving when price is higher.

rekinthis

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Quote from: Kalder on April 12, 2016, 05:45:11 AM

I do the mining of the altcoins. I sell most of the altcoin and convert into bitcoin. When the altcoin is low, I will buy back.

is it profitable to do altcoin mining? im wondering how much profit you make with it because i was wondering about trying that though i have never completely decide to mine some bitcoins

i think if you mine coins then you should surely save it all because it is a good investment that will definitely pay off in the future if you will hold it for long enough i think

Karartma1

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I was almost forgetting about the halving actually: still a bit confused of what is going to be then.
I stopped mining long ago because only big players can mine bitcoin on profit today.
2010 is over.

Jmild1

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Quote from: Mickeyb on November 26, 2015, 04:51:31 PM

Definitely save them mate! 2016 is packed with many important dates and announcements of new features, etc. Also we have a halving that's coming. Price will surely go up in the next 12 months.

You can't lose at all in my opinion if you just hold on to them!

Nope, you can't define if the price goes up after halving. As for the first halving nothing much happen on the price. And if there will be an increase that is surely just a bubble. We don't really know if the increase will be after or it's slowly happening right now.

SquallLeonhart

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Quote from: avw1982 on April 12, 2016, 09:41:01 AM

Quote from: Icathia on April 12, 2016, 09:34:13 AM

Selling is now not the best option because the value is now not high enough to get that much profit because the value will be more after the halving and that can be nice.
Saving is now the best option so you will not lose some money and you are waiting for a good price increase and that is smart.

I don't what you are trying to tell, Please clear whether you are support for selling or saving. I would like to go for saving only because bitcoins is good for saving according to present situation and halving.
Most of the people saving the bitcoins I guess. All the best for the them.

Yeah saving at a moment gonna be more profitable as current price will not give great profits, but if you save for next few years then that will you the best outcome.

avw1982

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Quote from: Icathia on April 12, 2016, 09:34:13 AM

Selling is now not the best option because the value is now not high enough to get that much profit because the value will be more after the halving and that can be nice.
Saving is now the best option so you will not lose some money and you are waiting for a good price increase and that is smart.

I don't what you are trying to tell, Please clear whether you are support for selling or saving. I would like to go for saving only because bitcoins is good for saving according to present situation and halving.
Most of the people saving the bitcoins I guess. All the best for the them.

tampazeus

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Quote from: Piltover on April 12, 2016, 07:34:39 AM

I would save them for later, its gonna be harder to mine in the future and the price is gonna rise because of the halving.
Selling would because of that not smart because you could make more profit if you hold them and wait till the price has been raised to a higher amount.

Buying now and saving now is the good thing, as if you sell it now then you will not get higher profits but if you save for future and sell after say 5 years then you can earn huge profits.

Icathia

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Selling is now not the best option because the value is now not high enough to get that much profit because the value will be more after the halving and that can be nice.
Saving is now the best option so you will not lose some money and you are waiting for a good price increase and that is smart.

Piltover

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I would save them for later, its gonna be harder to mine in the future and the price is gonna rise because of the halving.
Selling would because of that not smart because you could make more profit if you hold them and wait till the price has been raised to a higher amount.

Kalder

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I do the mining of the altcoins. I sell most of the altcoin and convert into bitcoin. When the altcoin is low, I will buy back.

vendetahome

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i would definitely save it all in order to make some good money in the future because the price of the bitcoin will surely grow and make you more money than it would give you now

after a few decades when the price will be really high i would sell a part of it to make a return of investment and then keep on holding the part that would be left after that

Jmild1

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If you want to help increase the value of bitcoin, store/save it. But if you want to earn some coins then sell it but it affect the value of bitcoin because it will decrease the demand of it, making the bitcoin's value also decrease.

Topic: Mining coins save or sell it? - page 70. (Read 106756 times)