Mining coins save or sell it? - page 8.

zxl912157

sr. member

Activity: 588

Merit: 250

Quote from: Drnice on November 16, 2017, 03:23:07 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 don't really get what you are trying to say, but if the coin you're mining is bitcoin, or another coin, it is always a good plan to get the highest profit. And the risk behind it (bitcoin) is the dips in its price.

If you hold Bitcoin then you are very lucky, but if you do mining or keep altcoin you have to monitor it for a while then redeem it in a trusted exchange.
save your Bitcoin for a while, this is a good investment.

cheann20

full member

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Yeah it is better if you save it until you get the amount you desire but there still a risk that bit coin might have a price drop in this coming months, during the course of past few months, i think it's all about the growth of those coins you mined before selling it at the price you favored.

Drnice

sr. member

Activity: 588

Merit: 251

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 don't really get what you are trying to say, but if the coin you're mining is bitcoin, or another coin, it is always a good plan to get the highest profit. And the risk behind it (bitcoin) is the dips in its price.

kaiyuanmifen

newbie

Activity: 1

Merit: 0

I guess it depends on situation of each coin

Inspector 2211

sr. member

Activity: 448

Merit: 250

Mining is not affordable for everyone at this stage as it requires bigger capital to invest and you won't get best results from mining bitcoins now as it was in the past so the best thing would be to buy bitcoins when price is comparatively lower and save it for future and if you have enough balance in wallet you can also invest some of it in multiple altcoins where you can grow your bitcoins faster with timely profits.

Gwen101

newbie

Activity: 13

Merit: 0

Right away is better to save them, because there are so many scammers out there. Hence, those pseudobanks that exchange bitcoins have pretty high commisions. In 5 years, I guess we could be able to buy/sell things in almost 80% of everything. Just wait.

Whitegriever

newbie

Activity: 26

Merit: 0

Just sell them it is the best thing to do because you are actually earning free coins and if you know you are earning a lot there is nothing wrong with selling them this way you can also get your money back from how much you have spend on the mining process.

miakama

newbie

Activity: 69

Merit: 0

Quote from: ?? on ??

China do not hate bitcoin, the Chinese federal government is the one who detest bcoin because their government are very authoritarian. Bitcoin enables china to prevent taxes, steer clear of confiscation of the wealth that’s why thinese government are not to fan of bitcoin.ic

I think the China does not have the federal system.

fuer44

sr. member

Activity: 1652

Merit: 262

if the price is high, directly sold only. but if the price goes down, just save it or buy a coin when the price really goes down. for now, it would be better to save it first.

CookingRaptor

newbie

Activity: 27

Merit: 0

Advertising a Bitcoin on TV is a good idea mister since it could possibly get muchmore recognition into world. And That I really don't know why Bitcoin proprietors aren't utilizing a TV to market it. Maybe the price for advertising it on TV is simply too high and perhaps there are no fascinated onto it. So perhaps this is exactly why they promote right here in here simply because all people in this forum is aware of it.

Dodoymabs

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Quote from: nightways on November 15, 2017, 06:10:30 AM

Quote from: falafelnut on November 09, 2017, 04:31:16 AM

Save and sell. That is the point! Wink

You should give the suggestion because you are asked for the help here I am very sure all the people are going to like the bitcoin saving because the value and the price of the bitcoin is increasing with the time, it is not good to sell the bitcoin at the low price and then cry for the low income I hope you got my point that the saving of the bitcoin is very important because thousands of the people are now saving the bitcoin.

It depends on how you use it, but for me it's best that you devide what you mine and save the rest. Sell only if you really urgently need it. Saving some coins will give you a chance to earn some enough profit if you have patience to hold it for longer term.

nightways

full member

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Quote from: falafelnut on November 09, 2017, 04:31:16 AM

Save and sell. That is the point! Wink

You should give the suggestion because you are asked for the help here I am very sure all the people are going to like the bitcoin saving because the value and the price of the bitcoin is increasing with the time, it is not good to sell the bitcoin at the low price and then cry for the low income I hope you got my point that the saving of the bitcoin is very important because thousands of the people are now saving the bitcoin.

robbietobby

member

Activity: 294

Merit: 11

Quote from: ?? on ??

Mining cash need to conserve and wait for a proper time to market it to you long term however if you simply experience unpredicted items to occur i think you should market your bitcoin anytime.

I agree with you with this. I would spend most half of it investing while some fraction to cover some cost or to join in any trading if I want to. It was just knowledge and tactics on how to save or sell mining coins. Eventually, it would end up being you as the major reason and master keeper of your own currency.

DIMKAZDS

hero member

Activity: 704

Merit: 500

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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 Bitcoin is one of the fastest growing investments available in the market and looking at the current trends, you can expect really high value of Bitcoin in the future. Saving and holding your Bitcoins repulsive your best option as it can help you earn really high return in very less time period. Selling now will only reduce your potential profits.

Zandar

full member

Activity: 294

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At the start of it it is best to sell 50-60% of the minings to cover for the electricity, hardware etc and save the rest. Then gradually sell less % of the minings when most of the costs are covered. This way you will always have made at least some money even if the mined coins tank in value later on, and if they have risen then even better you made some more. Holding on to everything from start is very risky since you are going all in, if it tanks you'll be left with all the cost of it.

akiexx

member

Activity: 76

Merit: 11

As of today it's better to save it rather than sellimg it because the demand of bitcoin today is keep on increasing. So my advice to you is that you save it until you are satisfied with the price then withdraw it or you are desperately in need then sell it. Saving is more profitable than selling because you can use it for the future.

shenxirrwya1582

sr. member

Activity: 406

Merit: 250

sell it for your energy fee
and save it until to the moon Roll Eyes

waynechong1995

full member

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swing!

You have get your ROI somehow during the course of 6-12 months, i think it's all about the growth of those coins you mined before selling it at the price you favored, i starting my mining journey too soon as well and i think it's better to hold those coins while paying the electric bills and yeah basically try to save them as much as i could before the selling price is there, this is an advice from a long friend in mining industry to get as much cryptocurrency as the selling big is more easy to observe your profit rather than let's say selling 120$ worth of ETH to compensate your 100$ utility for that $20 profit, it's painful and tedious to make money this way.

Allan Ramanda

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Activity: 462

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I will keep it until the coins that I mine it can make me get a lot of profit. but if my mine is only small, plus the coin price is cheap, then I will keep it

bitcoinmaniac52

sr. member

Activity: 532

Merit: 250

Presale is live!

If you have coins mined please save them. It is rare that anyone gets coins from mining bitcoin these days so it is best to hold them. If you sell them now you will be kicking yourself in two years time when the price is $20,000+. BTC is always meant to be held longterm, you can sell it if it's an altcoin but you do not want to be selling BTC right now or anytime in the near future.

Topic: Mining coins save or sell it? - page 8. (Read 106756 times)