Bitcoin Forum

First of all Bitcoin mining now is much more profitable, so most possible it is smart to buy some hashes. The second option would be to sell Bitcoin for FIAT, wait for Bitcoin price decreasing, and then buy Bitcoin again. But in general Bitcoin price looks around 1000 USD at least next two months.

I agree with you but now buying the mining hardware and starting mining is still costly and it wont fetch profit. So it is better if you are having bitcoins then hold it or start selling according to your profit earning way. And i agree that if bitcoin is roaming in the range of 1k and above then surely we will see next high big target to get

yeah mining is more profitable but if you want to do it yourself you still need a cheap electricity.
and for buying hashrate from a cloudmining, i never liked it unless there were some legit place like ghash.io (from cex.io exchange in 2014-2015)


that is a risky move unless you are trader. because selling can mean missing out because there is nothing showing any indication of decreasing long term. but short term it is happening but needs a trader to take advantage of that.

I think, moving to FIAT is the best option now, because for sure price will have a big climb soon.

Hey,
I fail to understand. You say that mining is much more profitable. I guess it's because of the sudden price rise no? But even with the rise, it's still less profitable than it was before halving isn't it?
I thought about trying to mine a year and a half ago, but it seems that everyone is saying mining isn't profitable since... well more or less since I started being interested in it xD

So when you say that mining is much more profitable, you means that miners will make some profits again or that because of average difficulty/price it's profitable for anyone even without a high quantity of professional equipment?

What you are telling wrong instead of bitcoin mining, start altcoin mining and as soon as sell it when the coin hit exchange and if you have bought in low price then better to start selling slowly as anything can happen now

Bitcoin is currently trading above 1000usd and the macd, relatively straight index still show strong buying signal. It may interest you to know that bitcoin may get to 1500usd before pull back. Though your speculation or strategies may be ok but wait until the market hits the resistance at 800usd or 750usd before implement it.

I dont think that the market will fall so low of $700 it has tested till $880 and now bounced back and as per my calculation it will remain in the $950 to $1060 range which is good for next price jump to high. so it is good to hold it.

The best way to earn max profit is to wait for the right moment and selling when the price starts to decrease, and this requires a very risky challenge because we don’t know in the future how the price will turn out to be, it may drop, but there are no signs for that now.

to me i thin we should still wait for some more time because the price increase of bitcoin is still increasing and this time it is really going to cross the last high price of bitcoin.

I bet to differ, it's a major pumping season so if you don't get greedy and you had bitcoins when it was below $500 I think it will be appropriate to sell for a 100% profit at the moment and then wait for it to decline ( i.e. I'm sure it will by March, it's actually declined to $966 rightnow) so that you can buy it low and hope for another pump maybe in December 2017.

if you wanted to maximize profits better check alt trading, from there you will be able to buy cheap alts and wait for the price to rise up as we knew that every time btc rises up alt start to fall down so better check trusted alt project with strong  community support and high volume trades, buy low and sell high for sure you will able to maximize your btc earnings.

Is there a reason this pump happens in December?
Even though BTC is relative new, is this a yearly event with pumping in december and dumping in jan/feb?

Will have a look at the data to further analyse myself, but sometimes its good to have hands on experience.

Given the great volatility that has been observed in the price of bitcoin these days, I have no doubt that trading is a great option, but for those who lacks experience in this regard even holding your coins might be highly profitable in  these days of market correction.

it's dropped already within 2 hours the bitcoin price dropped almost $190
biggest drop i ever seen in very short time  :o
these moment always make people confused , whether to keep waiting the price drop
or by it immediately , as the chance for bitcoin to keep dropping and bounce back is just same .

Buying some hash? LOL.
Trade bitcoin for directly will better than buying some hash. In some thread on the service section already discussed.
Like sell my bitcoin @$1124 and buy again @$950 are more profitable than buy some hash and just give free loans for the cloud mining site.

The price drops huge amount and now we are back again. Its a good sign for me. We should buy some btc now. We are going to rise again anytime soon.
Im still holding some btc right now. Im following my instinct. I think something huge will happen.

Well yes, something big did already happen and something huge might follow..but its still unclear which way we are going. Its going up and down and its all over the place.

when bitcoin price reaches a higher price you should start thinking about keeping it safer since it is worse a lot more than before. instead you are asking about the riskiest method of investing bitcoin: mining!
it is risky because of the places that are selling hash rate, they tend to run away too often.
and also even if you buy mining equipment yourself it is not yet good profit.