Mining coins save or sell it?

[bitbunnny]

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

[maxj57634]

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

Some says that its not worth it as the price for mining bitcoin will be low and if you look at the market price of bitcoin is also low.
Mining can be profitable once the price of bitcoin reach about 800-1000.

[Amph]

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

bitcoin mining no, it's dead for now, don't ever thign to buy soemthign unless your electricity is free, not even 0.05 will save you

but altcoin mining is another thing, it's profitable for the tiem being

[martinacar]

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

[stromma44]

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

[romero121]

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

Yeah as said by above mate, just make decision on your selling day. If the price didn't reached your predicted price keep holding with certain committed time limit which will give good profit.

[ausbit]

I would hold them for a while due to the possiblity it can go to a high amount and you can make a lot of money because of that.
Also the halving is coming and that is bad for miners otherwise you will have not much bitcoin at the end.

Yes saving it now is the best thing, as selling it at a moment won't be profitable enough as the price is not too high, hold it and sell it at the time of halving to earn some extra profits from it.

Yeah as said by above mate, just make decision on your selling day. If the price didn't reached your predicted price keep holding with certain committed time limit which will give good profit.

Correct you should have certain target price in your mind, if it reaches there then you should sell it or else just hold it until the right time comes where you can earn extra money.

[MaxTax]

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

[torrentheaven]

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

Mining is not profitable at a moment, I would rather prefer to buy it and save it for next few months and sell at the time of halving to make some extra profits.

[coinzat]

You should save them because the halving is coming and the mining is gonna be a lot more time taking and difficult than every before.
Saving is now the best and you will also make profit by the halving without a doubt.

I think a miner needs to sell some of what he mined to cover his expenses and spending on electricity and place renting
then he can save the rest of the coins as a risky investment so If he would not profit after waiting, his loss will be less

[Blackmet]

At my opinion miners must sell coins instantly to pay for electricity and for living. Only if they have some surpluse they can hold it for price increaseing . But i am not miner it's just my opinion.

[Corenin]

I am buying and saving now as I feel that this is the good price to buy and I will sell on halving when the price would be much higher.

[Kalder]

At my opinion miners must sell coins instantly to pay for electricity and for living. Only if they have some surpluse they can hold it for price increaseing . But i am not miner it's just my opinion.

If you run mining as a business, then you should sell it for cover the cost. If you are a beliver, then keep some.

[Blackmet]

I am buying and saving now as I feel that this is the good price to buy and I will sell on halving when the price would be much higher.

I've just red a post about bitcoin price in June it will be ~500$ but i don't know is it true or not but i hope it is 

[lissandra]

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

not much. if you really add up the people out there adding the #`s unless you produce machines thats different.

But if youre like 90% of the people there who are out of the mining scene its due to a reason.

The obvious small #`s is the main mining group pools.

[jack1111]

Is mining still profitable? I was never into it but I hear that this is no loger worth doing.

not much. if you really add up the people out there adding the #`s unless you produce machines thats different.

But if youre like 90% of the people there who are out of the mining scene its due to a reason.

The obvious small #`s is the main mining group pools.

I think investment based site is more profitable now , but mining can be safer if you start mining with trusty company like genesis mining or hashflare .

[Crazygreek]

Probably better to save but anyway you need money to pay for electricity right? So both of answers is right.

[rio3233]

Probably better to save but anyway you need money to pay for electricity right? So both of answers is right.

Yes you are right, i always sell all my bitcoins for pay may electric bill. Because mining need electric lol. and i sell all my mining coins and turn it into fiat for buying something in real life.

[romero121]

Mining coins need to be saved, because at present mining is profitable only if there is free availability of electricity.

[CoinsRoyal]

Probably better to save but anyway you need money to pay for electricity right? So both of answers is right.

Yes you are right, i always sell all my bitcoins for pay may electric bill. Because mining need electric lol. and i sell all my mining coins and turn it into fiat for buying something in real life.

Yes indeed, it is now good around this time to save it and not sell it because the value is not high enough for it.
But we have to wait for a higher value if you want to make some more profit later. But it will be later not that worth now the mining coins.