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Author Topic: Mining coins save or sell it?  (Read 106289 times)
Urtaev
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April 19, 2018, 07:29:18 AM
 #1741

Sell ​​or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.

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April 19, 2018, 07:41:40 AM
 #1742

In my opinion. Mining is a good way to earn more bitcoins all you need is a power generators and machines to mine which require electricity, if I get a chance to go for mining then I would definitely sell when the price rises and when I am in need, and will invest and start trading to increase the existing bitcoins and its profitability. The value of bitcoins increases over time and so will find alternative ways to increase my bitcoins either by bitcoin lending to trusted people which helps you to get good interest.
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April 19, 2018, 07:50:26 AM
 #1743

Sell ​​or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.
you are right. it all depends on the plan you are compiling. maybe selling will make money, but saving it will probably make the price go up, and maybe you'll get a pretty good price to sell in the future.


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April 19, 2018, 07:51:21 AM
 #1744

Yeah, I think this is a risk whether u sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope u`ll not choose one of them

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April 19, 2018, 07:56:50 AM
 #1745

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save  but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.
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April 19, 2018, 09:15:54 AM
 #1746

If I were you, I would save mining coins and than invest them in different projects, especially in ICO projects. This will help you to save your money, to own shares of various companies and to get dividends from its activity.
So, if you have some money, make them work, don't give them possibility to depreciate.
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April 19, 2018, 10:10:03 AM
 #1747

I think. If you are jobless outside here in the bitcoin community then you surely have to sell your mined coins that you saved let's say just for the whole month then pay it for electricity bill. For sure, you should save your mined coins at first, collect them and when the right time come that you can able to earn money from it then sell it.
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April 19, 2018, 10:43:35 AM
 #1748

I think that better to sell bigger part of your coins to live and pay your taxes and etc, other part need to save, cause halving is coming and we have chance to get more money.
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April 19, 2018, 10:46:08 AM
 #1749

Once I saved all the extracted ETH and now, as you know, I do not regret it. So I do not advise you to sell anything until it has grown at least 10 times.

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April 19, 2018, 11:01:59 AM
 #1750

Usually those who moan about their daily returns in $ are the same people who mine and immediately dump their coins. Others sell/save in some proportion, then yet others don't sell at all watching coin development and selling at highs.
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April 19, 2018, 11:16:51 AM
 #1751

Sell ​​or hold will depend on the situation on the market at the moment. If the market grows, the profit may increase, then you can hold.
you are right. it all depends on the plan you are compiling. maybe selling will make money, but saving it will probably make the price go up, and maybe you'll get a pretty good price to sell in the future.
indeed it is back to ourselves, our only need is our own who knows. but if it is free money i think it would be better if we hold, to have a high price, that way we will get more profit

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April 19, 2018, 11:42:43 AM
 #1752

Well for me the best way or strategy is to save bitcoins that you made on mining. I heard that bitcoin is gonna rise soon. And I think it's even good that there are topics here like it's good to buy bitcoin now, those topics make people buy and in nearly feature if prediction about bitcoin rising come true, those people who buy bitcoin now can double their money Just always keep in mind on proper using it.
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April 19, 2018, 12:21:17 PM
 #1753

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?

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'
indeed mining is the best option right now. because mining is one way to add coins that we have. so to get an extra coin we can indeed become a miner.

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April 19, 2018, 12:25:23 PM
 #1754

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 moattet what. So its better to hold some.
I agree, you can put some of it in your wallet or saving account for future purposes. I think also it will depend on the coin that you are mining. When you see that the price was profitable enough then think for it to sell your coin because it may fall again if you didnt grab that opportunity.

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April 19, 2018, 12:31:48 PM
 #1755

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 moattet what. So its better to hold some.
I agree, you can put some of it in your wallet or saving account for future purposes. I think also it will depend on the coin that you are mining. When you see that the price was profitable enough then think for it to sell your coin because it may fall again if you didnt grab that opportunity.


It is like a 50 / 50 chance for we could have that much earnings. Dividing your earninngs versus dividing your savings is the best practice that we can do. We assure that, we invest what we afford to lose, and not all of our earnings will lose quickly. It is not that kind of hi lo games, which if you are lucky, you win the game, indeed we must know how to handle it

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April 19, 2018, 12:38:14 PM
 #1756

The decision is made if you sell it or you can do it first or if you can improve it We do not know that bitcoin will increase or decrease now Mining is expensive, you need to pay electricity, mining, and only then you can counter on profit. Sell enough to cover your expended , to buy something for yourself,
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April 19, 2018, 03:40:55 PM
 #1757

For me, it will depend on the situation of the person if he/she will sell his coins. But at this moment I think it is much better to save your coins if you are mining bitcoin or Ethereum because the current amount of this cryptocurrency plummets comparing to last December. But like I said it would depend on the situation of the person if he/she would like to sell or hold it.  Smiley
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April 19, 2018, 03:57:23 PM
 #1758

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.
that's right what you say. and if I myself for the coins that I mine there is a direct I sell for fear that if I run it eventually will scam the coin and there are I keep to hold in the long range as well

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April 21, 2018, 06:24:10 PM
 #1759

I think that it depends on which coin do you mine. Personally I would hold coins if they would be from top 50. Also it is very important what kind of technology behind this coin. Because if there is no any technology behind it, I would sell it without any doubt.

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