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co5hike
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May 28, 2016, 06:11:19 PM |
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Yeah me too, I can't mine coins too may be because lack of enough knowledge or I don't really have more time to spend about it. For me you can sell your mined coins if you think you can get profit from it now but if not, then wait for the increase value. Just be optimistic and it will happen.
If you don't have proper knowledge of mining then you should stay away from it as you cannot take risk with your money now, its better to buy and save for future. |
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martinacar
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May 28, 2016, 07:17:47 PM |
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In my eyes you can better now save them for later because of the halving that is coming this year.
This year will be a very good year without any doubts due to this fact saving is better.
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JessicaSe
Legendary
 Offline
Activity: 840
Merit: 1000
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May 28, 2016, 07:34:07 PM |
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In my eyes you can better now save them for later because of the halving that is coming this year.
This year will be a very good year without any doubts due to this fact saving is better.
Mining can be an expensive affair at this stage, the best and safe way is to save your coins for next few months, halving is near now so we can make good profits at that time. |
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sengin
Newbie
Offline
Activity: 10
Merit: 0
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May 28, 2016, 07:40:12 PM |
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hedge your bets if you need the money bro and sell some of it.
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Crazygreek
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May 28, 2016, 11:55:24 PM |
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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 chanse to get more money.
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wintermeasures
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May 29, 2016, 09:23:36 AM |
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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 think it's a great way, but I recommend first analysis coin would you mining. Because who knows that coin will be shitcoin in future, and you will got a loss. thank you just my little opinion  |
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tobacco123
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May 29, 2016, 03:31:48 PM |
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I used to do some mining in the past, some time around early 2014. Spent about $800 on the ASIC miner and mined only 0.5 BTC- which gave me about $1600/BTC without taking in account the electricity!!! Mined for about 210 days, the production was 0.01 per day dropped to 0.0001 (or less).
However, no regret at all. The process of setting up the miners, configure the cgminer etc etc have definitely help in my understanding of how BTC works, which worth more than the $800 I spent.
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dezoel
Legendary
Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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May 29, 2016, 09:25:55 PM |
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I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.
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AndySt
Legendary
Offline
Activity: 2142
Merit: 1012
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May 29, 2016, 11:38:43 PM |
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I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.
If the halving is not sitting in price and I am afraid as if we did not wait for an extreme drop. |
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Alubert
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June 07, 2016, 07:40:01 PM |
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I will not mine, I will buy and save it for halving, as price is going high extremely so even can afford to by at this price as price will be too high at halving.
If you do not pay for the electricity, it is better to mine. Otherwise, it is better to buy and hold the coins. |
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Pitchblackroom
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June 08, 2016, 01:07:35 AM |
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It is definitely easier to just invest than mining for the coins yourself. The days of when you could mine bitcoin and most altcoins are all but gone.
However profitability is going up as of recent! So maybe there is hope for casual miners.
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sobsitesearch
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June 08, 2016, 02:24:43 AM |
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For now its better to save it and wait for the halving or just invest in trading sites like yobit to earn more bitcoin. buy with cheap altcoin and sell when the price are pumping!
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cjrosero
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June 08, 2016, 02:51:54 AM |
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like everyone said keep your coin until the current price purchase is double the price in this strategy you will gain profit 100% but the only thing is you will never know when will it be. for me go for ETH it has lot of potential(just my opinion.)
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MaritiJames3
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June 08, 2016, 03:10:42 AM |
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If you are mining you can now better save them for later because the future for the bitcoin is gonna be very good if you ask me because it has a very good future and it will increase in its price.
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MWesterweele
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June 08, 2016, 03:39:48 AM |
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If you mined it that long maybe holdinh it for a year or more and wait for its price increase and then thats the right time to sell it to have a bigger profit on wha you mined for too long time.You just need to take tisk to get richer on bitcoin industry,no risk no money no risk no profit in this industry.Or you can also split the coins you mined between for selling and saving for future that would be good
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bitdumper
Sr. Member
Offline
Activity: 266
Merit: 250
One world One currency, Bitcoin.
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June 08, 2016, 03:43:20 AM |
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If you are mining an altcoin having longer future like ETH keep it for a price increase and if it has no solid dev team sell it whenever you are in need of money or there is too much hyp of that coin.
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ning_chang
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June 08, 2016, 06:33:10 AM |
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If you are mining a lot of bitcoin, just save it first , bitcoin price is now reaching its highest. Its better to wait for bitcoin halving. Dont sell your coins.
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avw1982
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June 08, 2016, 06:40:49 AM |
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If you are mining a lot of bitcoin, just save it first , bitcoin price is now reaching its highest. Its better to wait for bitcoin halving. Dont sell your coins.
Yes, saving coins will be the wiser move right now because of what is happening almost from time to time price is fluctuating wait for the best timing and sell it right away when the price went to your desire price. |
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BitcoinSupremo
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June 08, 2016, 06:48:33 AM |
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Whatever majority of altcoins you are mining, the best option is without a doubt, exchange them right away after you mine them to bitcoin and save them. 12 months is a nice timeframe, however after a few years price of bitcoin has the possibility to sore quite high so I think this is the best you need to do. Convert all of your mined altcoins to bitcoin and keep them safe in a hardware wallet if you have more than 2.5 or more BTC in total.
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bitcoinhopper
Sr. Member
Offline
Activity: 336
Merit: 250
Bravity is beautiful.
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June 08, 2016, 07:22:41 AM |
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You can now better save your coins and that is because the value of Bitcoin is rising slowly so that is really nice but it wont be that easy to earn some more money with Bitcoin.
And it will be bad if there will be more people that is going to sell it on the wrong moment, and hopefully it can rise for a long time.
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