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Author Topic: Mining coins save or sell it?  (Read 106472 times)
Nasty23
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February 28, 2018, 12:26:01 AM
 #1721

Depends on your money in this moment. When you have nothing to eat better to sell your coins you know Grin In other cases just look for profit it comes with experience.
No, you should sell your coin mined when you have chance to sell it at good price. Example you waited a long time to sell your coin at high price when the price of which coin you mined just decreases everyday. And someday, you need money for urgent case, it makes you must to sell your coin at lower price instead of the time you can sell that coin at higher price many much at this time.
Yes we should sell it earlier when the price are high, don't be greedy because sometimes the more you are waiting for a high price the more the coins price become low that makes you loss if you sell it. When you want to hold it you should longer your patience so that you didn't missed any opportunity in the future to earn a bigger profit.

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February 28, 2018, 11:51:19 AM
 #1722

I will prefer to save it for future as I am looking at it as an investment and I will not sell at this stage as this price is too low for me to make profits.
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February 28, 2018, 11:56:00 AM
 #1723

it depends on you. if you dont have any extra income and if you have to pay your bills you can not hold them. i personally hold them and wait for a bullish run. i dont want to sell them when the price is cheap. i can reduce the roi period by holding what i have been mining.

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March 05, 2018, 08:28:41 PM
 #1724

I think that always better to sell your mining coins if you are not in China, taxes is very hard to pay right now and better to have enough money for it.
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March 05, 2018, 09:06:39 PM
 #1725

Well it depends what is the value of the coin and whether you can cover the expense for mining etc. Usually I always suggest to hold, but just see whether it's work the risk. Are these coins valuable? Will the grow? Then hold. If not just just get rid of it if it's worthless.
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April 02, 2018, 03:41:11 AM
 #1726

Depends on your money in this moment. When you have nothing to eat better to sell your coins you know Grin In other cases just look for profit it comes with experience.
No, you should sell your coin mined when you have chance to sell it at good price. Example you waited a long time to sell your coin at high price when the price of which coin you mined just decreases everyday. And someday, you need money for urgent case, it makes you must to sell your coin at lower price instead of the time you can sell that coin at higher price many much at this time.
Yes we should sell it earlier when the price are high, don't be greedy because sometimes the more you are waiting for a high price the more the coins price become low that makes you loss if you sell it. When you want to hold it you should longer your patience so that you didn't missed any opportunity in the future to earn a bigger profit.
According to my experience, if you want to save (hold) coin from mining, you can just do that when the market has bullish trend, like the last year, you can hold Ethereum, Dash, Monero, Litecoin or even Bitcoin mined to have better price for selling. But currently, hold coin from mining just make you have more losses. Sell it for the current market, because we are staying in a big bearish trend.
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April 02, 2018, 03:44:17 AM
 #1727

I think that always better to sell your mining coins if you are not in China, taxes is very hard to pay right now and better to have enough money for it.


I don't think that people will be buying mining rigs, mine Bitcoin and lose money to pay for their bills since the profit of mining do not come that easily, it takes a lot of time before you get back what you pay for the mining rig and gain profit. I guess the only advantage of mining is that you are earning digital currencies stable than trading them.

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April 03, 2018, 08:19:52 PM
 #1728

I think the results of the mining is done better to sell it and store it in the form of bitcoin or eth according to me it is better because the investment in the two coins is very profitable.
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April 10, 2018, 10:45:50 AM
 #1729

It really depends on you who mined the coins. If you mined coins and selling now would cover your mining costs and also make you a nice profit then you can decide to sell your coins, but if the value of the coins you have is not enough money to cover your mining costs and also make you profit then you are better off just holding on to those coins.

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April 10, 2018, 11:09:47 AM
 #1730

It's to save it if that coins you have mined are coins with great potential to boom in the future. It's really worth keeping this cryptos for long term most especially if they are in volume and that you're also sure enough that it has a future.

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April 10, 2018, 11:32:47 AM
 #1731

You can't earn more coins if you don't have an expensive and a powerful GPU used in mining. But if you do have one, then saving your mined coins is the best option. Anyways, I do believe that the profit you get from mining is more than to compensate your expenses.
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April 10, 2018, 11:48:12 AM
 #1732

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?

Its really great have mining rig because we can earn coin from our hardware. If we already have money to cover cost on mining, its good to hold if we are confidence with our coin. Cryptomarket will growing more faster because right now many investor want investing their fund on this market

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tonylewisverdu
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April 10, 2018, 12:29:09 PM
 #1733

if you are mining bitcoin I suggest to HODL for a time being because the price as of today is so low compared to the previous months.. but its still your decision just do your own diligence researcxh
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April 10, 2018, 12:41:39 PM
 #1734

You can't earn more coins if you don't have an expensive and a powerful GPU used in mining. But if you do have one, then saving your mined coins is the best option. Anyways, I do believe that the profit you get from mining is more than to compensate your expenses.

of course you can. You can still earn coins even though you do not have an expensive or powerful mining rigs.

you know we can still be able to mine using only our stock device gpu's or cpu's  and you can also earn using your browser.  Deciding to sell or not will also depend on the situation like for example when we do have lots of mined coins and the valus of that coin that your mining is high enough or above its average price , the much better if you can just sell it in order to earn a good income but if ever the value of the coin is low , then you should prefer to hold it for a while.

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April 10, 2018, 12:50:45 PM
 #1735

if you are mining bitcoin I suggest to HODL for a time being because the price as of today is so low compared to the previous months.. but its still your decision just do your own diligence researcxh
Don't just dump easily be scientific and strategic know the right time when and what price you going sell that is favorable to your side. Because in long hold you will find it more profitable.

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April 10, 2018, 03:43:03 PM
 #1736

It's better if you wait because he will rise allot higher then he is now. But don't wait to long
just checking everyday the price and just sell them on the right moment.
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April 11, 2018, 07:34:51 AM
 #1737

It's better if you wait because he will rise allot higher then he is now. But don't wait to long
just checking everyday the price and just sell them on the right moment.
Usually miners do mine coins which they believe has a big future potential.
They can sell their coins to pay for the expenses but it's also important to at least save some coins for the future.
I believe that people who are rich in bitcoins are those who are mining it in the early stage.
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April 19, 2018, 06:59:56 AM
 #1738

I my opinion. If regrets could fix some actions i made in the past,some coins worth the time to wait to them get maturity,it may take up to 3 to 6 months to see a coin becoming stable,and daily traded with atleast 5-10 btc daily.Soo if you mined and dont need those money to pay your bills just hold it for a while or sell if you see the price is higgest on the last months.
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April 19, 2018, 07:07:53 AM
Last edit: April 19, 2018, 03:30:34 PM by Noelbetty12
 #1739

Well you can divide it save some for future use. Although we have problems with the volatility of the coins but as time goes by certainly when usage goes up value will certainly go up no matter what. So its better to hold some.

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April 19, 2018, 07:25:36 AM
 #1740

Well it depends on the coin. First do a research about the coin your mining if you think it's dev have good plans for it in the future, you can consider saving it.I am still mining zer and after hodl for long term.
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