Mining coins save or sell it? - page 75.

jack1111

hero member

Activity: 924

Merit: 500

Quote from: lissandra on March 25, 2016, 04:15:50 PM

Quote from: bitbunnny on March 16, 2016, 07:02:59 AM

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

not much. if you really add up the people out there adding the #`s unless you produce machines thats different.

But if youre like 90% of the people there who are out of the mining scene its due to a reason.

The obvious small #`s is the main mining group pools.

I think investment based site is more profitable now , but mining can be safer if you start mining with trusty company like genesis mining or hashflare .

lissandra

sr. member

Activity: 434

Merit: 250

Quote from: bitbunnny on March 16, 2016, 07:02:59 AM

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

not much. if you really add up the people out there adding the #`s unless you produce machines thats different.

But if youre like 90% of the people there who are out of the mining scene its due to a reason.

The obvious small #`s is the main mining group pools.

Blackmet

hero member

Activity: 854

Merit: 500

Quote from: Corenin on March 20, 2016, 12:33:09 PM

I am buying and saving now as I feel that this is the good price to buy and I will sell on halving when the price would be much higher.

I've just red a post about bitcoin price in June it will be ~500$ but i don't know is it true or not but i hope it is Roll Eyes

Kalder

full member

Activity: 168

Merit: 100

Quote from: Blackmet on March 20, 2016, 11:48:28 AM

At my opinion miners must sell coins instantly to pay for electricity and for living. Only if they have some surpluse they can hold it for price increaseing . But i am not miner it's just my opinion.

If you run mining as a business, then you should sell it for cover the cost. If you are a beliver, then keep some.

Corenin

legendary

Activity: 1008

Merit: 1000

I am buying and saving now as I feel that this is the good price to buy and I will sell on halving when the price would be much higher.

Blackmet

hero member

Activity: 854

Merit: 500

At my opinion miners must sell coins instantly to pay for electricity and for living. Only if they have some surpluse they can hold it for price increaseing . But i am not miner it's just my opinion.

coinzat

sr. member

Activity: 434

Merit: 250

Young but I'm not that bold

Quote from: MaxTax on March 17, 2016, 03:25:57 PM

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

I think a miner needs to sell some of what he mined to cover his expenses and spending on electricity and place renting
then he can save the rest of the coins as a risky investment so If he would not profit after waiting, his loss will be less

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: MaxTax on March 17, 2016, 03:25:57 PM

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

Mining is not profitable at a moment, I would rather prefer to buy it and save it for next few months and sell at the time of halving to make some extra profits.

MaxTax

sr. member

Activity: 322

Merit: 250

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: romero121 on March 16, 2016, 11:03:42 PM

Quote from: stromma44 on March 16, 2016, 06:39:56 PM

Quote from: martinacar on March 16, 2016, 10:03:27 AM

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

Yeah as said by above mate, just make decision on your selling day. If the price didn't reached your predicted price keep holding with certain committed time limit which will give good profit.

Correct you should have certain target price in your mind, if it reaches there then you should sell it or else just hold it until the right time comes where you can earn extra money.

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

Quote from: stromma44 on March 16, 2016, 06:39:56 PM

Quote from: martinacar on March 16, 2016, 10:03:27 AM

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

Yeah as said by above mate, just make decision on your selling day. If the price didn't reached your predicted price keep holding with certain committed time limit which will give good profit.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: martinacar on March 16, 2016, 10:03:27 AM

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

martinacar

sr. member

Activity: 462

Merit: 250

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: bitbunnny on March 16, 2016, 07:02:59 AM

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

bitcoin mining no, it's dead for now, don't ever thign to buy soemthign unless your electricity is free, not even 0.05 will save you

but altcoin mining is another thing, it's profitable for the tiem being

maxj57634

full member

Activity: 168

Merit: 100

Quote from: bitbunnny on March 16, 2016, 07:02:59 AM

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

Some says that its not worth it as the price for mining bitcoin will be low and if you look at the market price of bitcoin is also low.
Mining can be profitable once the price of bitcoin reach about 800-1000.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

honeyhtet

full member

Activity: 126

Merit: 100

If you are mining heavy, Then you should probably sell around half and hold the rest...

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Mining of coins need to be saved rather than selling. Saving the remaining got after all expenses of mining will profit you in the future. If selling at present it may give a small additional earning.pp

Oscoda

full member

Activity: 224

Merit: 100

The best thing that you can do now is just hold your coins now. And that is really important.
The value is not even that high so you wont get much money from it and that is the problem. Just wait and see.

Corenin

legendary

Activity: 1008

Merit: 1000

Quote from: knowhow on March 13, 2016, 06:43:05 PM

Well the main question is which coins are you mining the news or the old coins and stable,if are the first well just drop them fast you can,if are stable coins well you should hold atleast for a while and sell them when you feel the price is atractive .

Yes I think holding for future can be more profitable as the price would be better in future as we are expecting good price at the time of halving so saving it at a moment is good decision.

Topic: Mining coins save or sell it? - page 75. (Read 106756 times)