I think investing in bitcoin is better than altcoins.
I see more potential in bitcoin growing in value rather than all the different kinds of altcoins.
Topic: Mining coins save or sell it? - page 87. (Read 106756 times)
Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
As you can see even LiteCoin is dropping in it's value compared to BTC. You can do whatever you want of course, but I'd suggest you to exchange all your altcoins for Bitcoins and then keep them and mine Bitcoins only too.
i think saving it is the best way.
just wait until your coin grow. and you can sell them when you're satisfied or tired
just wait until your coin grow. and you can sell them when you're satisfied or tired
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
I am weirded when I see your post. You tell that you are trying to mine a lot of coins. To mine a lot of coins (if with coins you mean bitcoins) needed amount of normal money. Mining yourself or in cloud, the money used must be very much. I don't want to have doubt in your words but if is this the situation you have not need to sell any bitcoin at all. You have money. Why sell? Bitcoin don't need to be feed. It remain without costs in any kind of wallet which even that doesn't cost nothing. Everyone of us who talk or have interests on it wait an increase of price of bitcoin (at least for the halving). So, at least, until that day, you have not any reason to sell. This is what I think.
i think both ways are good.
you should sell your bitcoins and thinks to start a business & enjoy the life .
and with saving you can also get more profit but you should wait some months till the value of bitcoins increase in this way you can earn more profit through bitcoins .
further if your bitcoins earning is good then you should invest some bitcoins since investment is risky but probably you will get always some profit.
you should sell your bitcoins and thinks to start a business & enjoy the life .
and with saving you can also get more profit but you should wait some months till the value of bitcoins increase in this way you can earn more profit through bitcoins .
further if your bitcoins earning is good then you should invest some bitcoins since investment is risky but probably you will get always some profit.
If your electricity cost is low and you can afford from your capital then holding coins is the best option for you. Hold until block halving -or the next big pump- then cashout when the time comes.
he is speaking about altcoin, block halving mean nothing aside form litecoin, and with instamine(not sure if it work at present) electricity work nothign also
If your electricity cost is low and you can afford from your capital then holding coins is the best option for you. Hold until block halving -or the next big pump- then cashout when the time comes.
it is advised to do that if he is mining bitcoin. But in this case he is mining altcoin. Look at his post above to see that.
If your electricity cost is low and you can afford from your capital then holding coins is the best option for you. Hold until block halving -or the next big pump- then cashout when the time comes.
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
The risk with alt coins is always high, there is lot of scams out there, thats one of the main problems about mining, you can do some research first about who is the dev or who are involved on the team before start mining, maybe this way you can have a better knowledge about if you are wasting or not your time.
Even if alot ended as a scam or abandoned , some people still make a good profit during the pump so it is not a bad decision at all to take a risk with some mined coins
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
The risk with alt coins is always high, there is lot of scams out there, thats one of the main problems about mining, you can do some research first about who is the dev or who are involved on the team before start mining, maybe this way you can have a better knowledge about if you are wasting or not your time.
Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
Mining altcoin is like gambling you never know what will happen tomorrow actually but if you think the coin you are mining has some potential, you can hold it for a while. With new coin... I don't know whether holding it is good Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
Oh, altcoin. You have to follow the development and join their community. If you think coin have potensial, hold it.Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
But if those coin don't have any further development and strong community, sell if you don't want to get more loss.
And if you still want to mining, mining new altcoin which is just launch and have low diff also under radar. But it's almost like gamble.
If you really want to spend them and need to (maybe urgent) then to try spend only a little amount up to the half of the earnings and the rest try to save (hold) it for a year or more and i think you will reach the ROI soon.
Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?
it is good to diverse in whatever you do. you can save some to gain value and then sell some at a profit. thanks
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
If we are speaking about the alts, the best decision - is to sell your coins during the first pump. When you are not sure regarding the exact sell price, you should always sell only the half of the coins and if price will go more up, sell again the half, etc.
I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.
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!
You can't lose at all in my opinion if you just hold on to them!
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion.
Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price'
12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself.
I understand that you think ghat 12 months is not very long, however the outlook for crypto is different. While real estate is bought for the mentioned periods, in crypto and stocks. 1 year is a long term. A company which don't perfoms in 1 year will see a decrease in price, since stockholders are both impatient and demanding.
My personal outlook towards the future is postive, there bitcoin is a strong buy.
If you're a "trader," 12 months might be a long time to hold a stock. If you're an investor, it's not at all. Businesses don't change fast enough to appreciate in value in any meaningful way in 12 months. If you're looking for the 10-baggers or more, you need to get in on quality companies early and hold them for 5-10 years, and probably longer. People chasing "fast money" are more likely to harm themselves than help.
Your view is correct, but times are changing. Business is going faster.
For crypto we both agree that 12 months is a long time, regarding stock and bonds we both agree that 12 months is 'nothing' really.
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?
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion.
Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price'
12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself.
I understand that you think ghat 12 months is not very long, however the outlook for crypto is different. While real estate is bought for the mentioned periods, in crypto and stocks. 1 year is a long term. A company which don't perfoms in 1 year will see a decrease in price, since stockholders are both impatient and demanding.
My personal outlook towards the future is postive, there bitcoin is a strong buy.
If you're a "trader," 12 months might be a long time to hold a stock. If you're an investor, it's not at all. Businesses don't change fast enough to appreciate in value in any meaningful way in 12 months. If you're looking for the 10-baggers or more, you need to get in on quality companies early and hold them for 5-10 years, and probably longer. People chasing "fast money" are more likely to harm themselves than help.
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