Bitcoin Forum
May 12, 2024, 05:11:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 88 »
  Print  
Author Topic: Mining coins save or sell it?  (Read 106756 times)
Jasad
Legendary
*
Offline Offline

Activity: 1414
Merit: 1001

= jasad =


View Profile
April 27, 2016, 01:25:41 PM
 #381

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'm not mine coins,and just earn then sell it,i imagine if i'm a miner,i will sellcoins when i've done mine it,no matter the price,i will not speculate about the price,its just like gambling.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715533866
Hero Member
*
Offline Offline

Posts: 1715533866

View Profile Personal Message (Offline)

Ignore
1715533866
Reply with quote  #2

1715533866
Report to moderator
LarryHocks
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
April 27, 2016, 02:23:00 PM
 #382

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'm not mine coins,and just earn then sell it,i imagine if i'm a miner,i will sellcoins when i've done mine it,no matter the price,i will not speculate about the price,its just like gambling.

I did mine coins and yes you spend money on energy resources so part of it I did sell to pay the bill. Most miners, even the big ones, sell their coins to keep their cash flow to a minimum.
Text
Hero Member
*****
Offline Offline

Activity: 2366
Merit: 588


Bitcoin Casino Est. 2013


View Profile
April 27, 2016, 03:48:57 PM
 #383

When I'm new in bitcoin world I tried to mine coins too but suddenly I stopped when someone brought me here. Mining takes too long to earn. Maybe if ever I have a chance, i would try to sell my coins to make it profitable which is the main purpose.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
romero121
Legendary
*
Offline Offline

Activity: 3164
Merit: 1213


View Profile
April 27, 2016, 04:53:16 PM
 #384

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'm not mine coins,and just earn then sell it,i imagine if i'm a miner,i will sellcoins when i've done mine it,no matter the price,i will not speculate about the price,its just like gambling.

I did mine coins and yes you spend money on energy resources so part of it I did sell to pay the bill. Most miners, even the big ones, sell their coins to keep their cash flow to a minimum.

Yeah only a part of the mined coins will be remaining in the wallet for small scale miners. So saving the remaining coins after expenses is a good decision to make added profit as increase in price is continuing.
Blackmet
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile WWW
April 28, 2016, 01:16:08 AM
 #385

I think better to split this money and save  part of for life and other part use for improving your mining hardware and soft. But i am not miner so i don't know for sure what to do.

n0ne
Hero Member
*****
Offline Offline

Activity: 2576
Merit: 548


Seabet.io | Crypto-Casino


View Profile WWW
April 28, 2016, 08:55:15 AM
 #386

I think better to split this money and save  part of for life and other part use for improving your mining hardware and soft. But i am not miner so i don't know for sure what to do.

That's an better idea. Initially if you feel mining is giving you good profit then split it and use according. Else try to save all that possible.

Lokfar
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
April 28, 2016, 03:41:06 PM
 #387

mine only the coins that generate such high hype with the good concept lucky enough if those coins are new in the markets else try to save only the good concept coins and sell the coins of hype only.

Saving the coins is the right choice at a moment I guess, as if we save for the future then I think we can expect much higher profit by selling at a higher  price in future.

Miners need to pay fees and also they can't really hold money for long cause they need always upgrading hardware for mine more money.
Mining coins now is better to save it, the value now around this time for the coin is not that best so it will be better if you are waiting a longer time so you will have more money.
The only thing that nobody will know is when the value of Bitcoin will rise and that is the problem.
The best thing that you can do now is just saving because now the value is not even that high to sell it with some nice profit so please have some more patience.
And it can be also that the value will rise after the halving so we have to wait a longer time.
quintiilieo
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
April 28, 2016, 11:30:51 PM
 #388

Its better than to save it and wait the price rise and sell it. Because if you sell it right now your mining profit is not enough so for me dont sell it and wait it to rise so that you gained more profit.

MingLee
Hero Member
*****
Offline Offline

Activity: 490
Merit: 520


View Profile
April 28, 2016, 11:34:32 PM
 #389

Its better than to save it and wait the price rise and sell it. Because if you sell it right now your mining profit is not enough so for me dont sell it and wait it to rise so that you gained more profit.
It depends on how the miners wants to move his coins. If he has confidence the value will go up at the halving, he should save. Price going down, and he should sell now. There isn't really a definitive answer, it all comes down to personal preference.
Marbit
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
April 28, 2016, 11:42:50 PM
 #390

Its better than to save it and wait the price rise and sell it. Because if you sell it right now your mining profit is not enough so for me dont sell it and wait it to rise so that you gained more profit.
It depends on how the miners wants to move his coins. If he has confidence the value will go up at the halving, he should save. Price going down, and he should sell now. There isn't really a definitive answer, it all comes down to personal preference.

I don't think that mining is profitable at a moment, its better to buy and save for the halving, and also you can earn it with working on signature campaign or by selling services.
tn211
Hero Member
*****
Offline Offline

Activity: 778
Merit: 500


View Profile
April 29, 2016, 12:27:18 AM
 #391

Its better than to save it and wait the price rise and sell it. Because if you sell it right now your mining profit is not enough so for me dont sell it and wait it to rise so that you gained more profit.
It depends on how the miners wants to move his coins. If he has confidence the value will go up at the halving, he should save. Price going down, and he should sell now. There isn't really a definitive answer, it all comes down to personal preference.

I don't think that mining is profitable at a moment, its better to buy and save for the halving, and also you can earn it with working on signature campaign or by selling services.

Mining right now is not very profitable but its still profitable right now, this will change when the halving has been done.
Miners should now save them to be honest because there is a good chance that the bitcoin is gonna hit a large number and if they will instantly sell them they will lose profit.
thend1949
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


View Profile
April 29, 2016, 01:19:52 PM
 #392

Save it because mining is not so profitable so if you save it in bitcoin halving sell it so you can gain more profit. But if you need it right now sell it ..
BitsandBites
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
April 29, 2016, 02:10:18 PM
 #393

Selling the bitcoin can be good but I also would mine them and hold them for a longer period because of the halving that is coming this year, the halving will be very good for sure.
shane
Hero Member
*****
Offline Offline

Activity: 756
Merit: 503



View Profile
April 29, 2016, 02:13:35 PM
 #394

whatever happens I will continue to save, and hopes one day the coin will explode in the market with a high price Cool

          ▄▄██████▄▄
      ╓▄███▀▄▄▄▄▄▄▀███▄╖
   ▄███▀▀≈╜▀▀▀▀▀▀▀▀╙≈▀▀███▄
 ▄██▀▄▓▀▄██▀╜    ╙▀██▄▀▓▄▀██▄
▐██,██║N▀`          '▀N║██ ██▌
██╜██╜╗                ╔╙██╙██
▐█▌█║                ║█µ▓▐█▌
▐█▌ ▐█║                ║█▌ ▐█▌
▐█▌▐╗█║                ║█╔▌▐█▌
██║▐█▄",              ,"▄█▌║██
▐██ ▀██½█▄▄        ▄▄█½██▀╓██▌
 ▀██▓▄▀▀╥▀▀▀      ▀▀▀╥▀▀▄▓██▀
   ▀▀███▓▄ª▀██████▀Q▄▓███▀▀
      ╙▀▀██▓▄▄▄▄▄▄███▀▀╜
           ▀▀▀▀▀▀▀▀



     ▄▄▄▄▄▄       ▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄   ▄       ▄▄        ▄▄    ▄▄▄▄  ▄▄▄▄      ,▄▄▄
  ▄███▀▀▀▀███▄  ▄██▀▀▀██  ▄██████████   ███     ▐██▄       ██▌   █████  ▀███    ▄███▀
 ▐██▀      ▀██▌▐█▀        ██▀          █████    ▐████╗     ██▌           ╙▀█▀ ,███▀
 ██▌        ▐██           ██▄▄▄▄▄▄▄   ███ ███   ▐██▀██▄    ██▌   ▄▄▄▄▄▄▄   ╙ ╔███"
▐██          ██▌          ████████   ███   ███  ▐██ `▀██▄  ██▌   ███████▀   ▄███,
 ██▌        ▐██           ██        ███     ██▌ ▐██   ╙███╗██▌            ,██████▄
 ▐██▄      ▄██▌▐█▄        ██▄      ███       █▌ ▐██     ╙████▌           ╔███  ▀██▄
  ▀███▄▄▄▄███▀  ▀██▄▄▄██  ▀█████  ███           ▐██       ▀██▌   █████  ▄██▌    ▀███▄
     ▀▀▀▀▀▀       ▀▀▀▀▀     ▀▀▀  ▀▀▀             ▀▀        ▀▀    ▀▀▀▀  ▀▀▀"      "▀▀▀
.
.
.
.



bitcoinhopper
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250

Bravity is beautiful.


View Profile
April 29, 2016, 03:12:39 PM
 #395

whatever happens I will continue to save, and hopes one day the coin will explode in the market with a high price Cool

Its also better to do this, if you mine them now and sell them pretty fast you will make low profits, if you hold them now and wait a little bit longer till the halving has been done you will make a lot more profit with mined bitcoins..

italianobitcoin
Sr. Member
****
Offline Offline

Activity: 370
Merit: 250

Forza Italia


View Profile
April 29, 2016, 03:27:40 PM
 #396

The smartest thing that you can do now is that you have to hold it and that is because the value is not even high now so you wont get much money for it and that is bad.
We all know that the halving is coming and the most people are hoping that the value will rise in that time and that would be perfect for us.
Text
Hero Member
*****
Offline Offline

Activity: 2366
Merit: 588


Bitcoin Casino Est. 2013


View Profile
April 30, 2016, 05:01:20 AM
 #397

If you really needed it to sell now yes you can and if you think you would get profit from it. But me since I don't reach my quota yet, I'm still in saving mode. I am waiting too for the halving because I know the price of bitcoin will increase it is more profitable that time.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
Vaskiy
Legendary
*
Offline Offline

Activity: 2618
Merit: 1105


Tontogether | Save Smart & Win Big


View Profile
April 30, 2016, 06:00:01 AM
 #398

If you really needed it to sell now yes you can and if you think you would get profit from it. But me since I don't reach my quota yet, I'm still in saving mode. I am waiting too for the halving because I know the price of bitcoin will increase it is more profitable that time.
yeah it is fair to hear, me too in the same stage, iam just holding some coins and i aimed at some target till that i will save coins and when halving occurs i am sure that the price will hit peaks and if i sell then i can get good amount of profits.

JeanMcCoy
Sr. Member
****
Offline Offline

Activity: 363
Merit: 250


View Profile
April 30, 2016, 06:30:33 AM
 #399

It is not that bad to sell it now indeed but if you have the patience than I will use it and wait a longer time because maybe it will be more worth in the future and that would be nice.
But yeah you never will know what is going to happen with Bitcoin and that is the problem and also risky.
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
April 30, 2016, 06:45:44 AM
 #400

It is not that bad to sell it now indeed but if you have the patience than I will use it and wait a longer time because maybe it will be more worth in the future and that would be nice.
But yeah you never will know what is going to happen with Bitcoin and that is the problem and also risky.

you either have to be a trader to sell when the price goes up and then buy after it takes a hit and in the dips, or you have to be a holder, someone who buys, earns bitcoin and then holds it for the real rise to sell at the highest price and make the biggest profit then buy back after a couple of months.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 88 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!