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Author Topic: Mining coins save or sell it?  (Read 106521 times)
Lasergun
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November 26, 2015, 10:13:01 PM
 #21

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 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.
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erickimani
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November 27, 2015, 07:03:34 AM
 #22

it is good to diverse in whatever you do. you can save some to gain value and then sell some at a profit. thanks
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November 27, 2015, 07:42:47 AM
 #23

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?
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November 27, 2015, 08:25:15 AM
 #24

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.
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November 27, 2015, 11:40:14 AM
 #25

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.

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.
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November 27, 2015, 11:59:27 AM
 #26

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
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November 27, 2015, 12:09:23 PM
 #27

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?

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.
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November 27, 2015, 12:53:22 PM
 #28

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?

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
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November 27, 2015, 12:58:24 PM
 #29

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.
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November 27, 2015, 01:17:28 PM
 #30

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.
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November 27, 2015, 02:18:49 PM
 #31

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
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November 27, 2015, 02:30:32 PM
 #32

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.
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November 29, 2015, 11:05:49 AM
 #33

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 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.
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December 13, 2015, 12:21:03 PM
 #34

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  Grin
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December 13, 2015, 02:20:02 PM
 #35

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?

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.

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jt byte
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December 13, 2015, 02:41:49 PM
 #36

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.
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December 13, 2015, 04:34:07 PM
 #37

If i would mine coins i would keep em. The risk you are facing is the same as all other people who buy bitcoin from  exchanges or any other source. The price might rise, the price might fall, you never know. You could try selling half and keeping half.
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December 13, 2015, 04:56:43 PM
 #38

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 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.
Yeah  if you're looking at it as a long term investment, it's a good idea to save those Bitcoins and convert any altcoins to Bitcoin.
But relying on pumps wouldn't be my strategy though.

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December 13, 2015, 06:35:37 PM
 #39

Mining is not profitable if you are not investing at least 20k in equipment etc. With less funding It would be more convenient to speculate and save or just save your coins.
It takes less time and without any hassle you directly profit from the price increase of bitcoin.
bitcoin-hunter
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December 13, 2015, 07:07:28 PM
 #40

Mining is not profitable if you are not investing at least 20k in equipment etc. With less funding It would be more convenient to speculate and save or just save your coins.
It takes less time and without any hassle you directly profit from the price increase of bitcoin.

Very true that is why I am just getting bitcoins thru signature campaign and other stuff to get bitcoin.
Also with mining paying the power is just expensive.
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