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malphite
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April 01, 2016, 10:16:29 PM |
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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?
well it is risky, but if you have lots of money in reserve to pay for fees and so, then save moondollars for more as you can, and if you don't have money then you should sell them when you can to get money for fees I think yes it's risky, but i think you should mine only if your mined coins will be enough to pay for electricity and other stuff for mining. Which majority cant afford lol. Which is why most will buy a mining contract to off-set the cost and its why bitmains contracts are bought constantly. If you can match the same costs as people over in china, then youre in a gold mine. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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eddyubachs
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April 01, 2016, 11:15:42 PM |
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Buying and saving for future is the primary thing to do, as if you buy now then you can sell in future and get good returns on your investments which is the best thing.
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Kalder
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April 02, 2016, 05:52:04 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?
well it is risky, but if you have lots of money in reserve to pay for fees and so, then save moondollars for more as you can, and if you don't have money then you should sell them when you can to get money for fees I think yes it's risky, but i think you should mine only if your mined coins will be enough to pay for electricity and other stuff for mining. Which majority cant afford lol. Which is why most will buy a mining contract to off-set the cost and its why bitmains contracts are bought constantly. If you can match the same costs as people over in china, then youre in a gold mine. I do not think you can match the cost as people in China. It is not only the electricity cost, but the labor cost. |
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romero121
Legendary
 Offline
Activity: 3164
Merit: 1213
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April 02, 2016, 01:36:23 PM |
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Buying and saving for future is the primary thing to do, as if you buy now then you can sell in future and get good returns on your investments which is the best thing.
Yeah for normal users it is right to buy at low and sell at high price to make profit, but for miners it is good to save the possible bitcoins to earn good profit when coins becomes unmineable. |
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ronaldinho_07
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April 02, 2016, 03:17:37 PM |
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Well if regrets could fix some actions i made in the past,some coins worth the time to wait to them get maturity,it may take up to 3 to 6 months to see a coin becoming stable,and daily traded with atleast 5-10 btc daily.Soo if you mined and dont need those money to pay your bills just hold it for a while or sell if you see the price is higgest on the last months.
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gtglener
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April 02, 2016, 09:25:23 PM |
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selling only those coins which you need and save the other or try to invest it in some online or offline business, you willl definitely earn a big profit. as nowadays businesspersons are earning the big amount of wealth with their businesses.
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eddyubachs
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April 02, 2016, 09:49:26 PM |
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Buying and saving for future is the primary thing to do, as if you buy now then you can sell in future and get good returns on your investments which is the best thing.
Yeah for normal users it is right to buy at low and sell at high price to make profit, but for miners it is good to save the possible bitcoins to earn good profit when coins becomes unmineable. But the major factor is that we don't know when to buy and when to sell, as price keeps on moving up and down, and we are not sure what would be the value of bitcoin very next day. |
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malphite
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April 02, 2016, 10:13:45 PM |
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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?
well it is risky, but if you have lots of money in reserve to pay for fees and so, then save moondollars for more as you can, and if you don't have money then you should sell them when you can to get money for fees I think yes it's risky, but i think you should mine only if your mined coins will be enough to pay for electricity and other stuff for mining. Which majority cant afford lol. Which is why most will buy a mining contract to off-set the cost and its why bitmains contracts are bought constantly. If you can match the same costs as people over in china, then youre in a gold mine. I do not think you can match the cost as people in China. It is not only the electricity cost, but the labor cost. What labor cost? You mean the setup for the miners for 1 time? Once they are the mining racks, I dont see any other labor invovled besides replacing the dead miners which shouldnt cost much. Also labor is cheap in china.. |
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co5hike
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April 02, 2016, 10:46:20 PM |
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I don't think that I will ever mine bitcoins, but yes I can surely buy some now and hold if for few months and sell when I am satisfied with the value of bitcoin at that particular time.
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ronaldinho_07
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April 03, 2016, 12:45:40 AM |
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Well people will always try to hold their coins till they see the right moment to sell,when i started to trade i were thinking on the short profit (2 -3 hours) and i sold some altcoins for lower then i paid and on the next week the coin went 10 x up and currently it had achieved around 100x it were gmc i knew i should had hold it but i were with the short term on mind.
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losoya
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April 03, 2016, 02:42:31 AM |
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probably sell it, the mining cost is very big ,and some miners are already in red
i think they hardly make profit if the electricity cost so its like a day job, hard to save money
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cooldgamer
Legendary
Offline
Activity: 1218
Merit: 1003
We are the champions of the night
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April 03, 2016, 02:54:06 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?
well it is risky, but if you have lots of money in reserve to pay for fees and so, then save moondollars for more as you can, and if you don't have money then you should sell them when you can to get money for fees I think yes it's risky, but i think you should mine only if your mined coins will be enough to pay for electricity and other stuff for mining. Which majority cant afford lol. Which is why most will buy a mining contract to off-set the cost and its why bitmains contracts are bought constantly. If you can match the same costs as people over in china, then youre in a gold mine. I do not think you can match the cost as people in China. It is not only the electricity cost, but the labor cost. What labor cost? You mean the setup for the miners for 1 time? Once they are the mining racks, I dont see any other labor invovled besides replacing the dead miners which shouldnt cost much. Also labor is cheap in china.. If only it were that simple. Miners will have too many HW errors and need to be rebooted, networking equipment will go out, power supplies will die, they will go down for no particular reason and need to be troubleshooted... Running a lot of miners does take labor. |
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losoya
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April 04, 2016, 03:47:40 AM |
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selling only those coins which you need and save the other or try to invest it in some online or offline business, you willl definitely earn a big profit. as nowadays businesspersons are earning the big amount of wealth with their businesses.
Yes an online business is always good, you can earn also from investing. Bitcoin miners need to save more coins, and then open up other busineses and invest in crypto things. |
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richjohn
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April 04, 2016, 03:51:04 AM |
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selling only those coins which you need and save the other or try to invest it in some online or offline business, you willl definitely earn a big profit. as nowadays businesspersons are earning the big amount of wealth with their businesses.
Yes an online business is always good, you can earn also from investing. Bitcoin miners need to save more coins, and then open up other busineses and invest in crypto things. Just don't save them and keep them. Try to invest and make them to multiply the earnings. Once we already have an amount of bitcoin, wait until the price will increase. |
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fravia
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April 04, 2016, 05:35:00 AM |
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selling only those coins which you need and save the other or try to invest it in some online or offline business, you willl definitely earn a big profit. as nowadays businesspersons are earning the big amount of wealth with their businesses.
Yes an online business is always good, you can earn also from investing. Bitcoin miners need to save more coins, and then open up other busineses and invest in crypto things. Just don't save them and keep them. Try to invest and make them to multiply the earnings. Once we already have an amount of bitcoin, wait until the price will increase. i doubt that he should invest it somewhere because investing gives big chance that he will lose all his bitcoins in short period of time if i were you i would definitely just save it as it would be a great investment that would give you a lot of money in a long run, way more than if you sold it all right now before halving process price increase |
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23dzmaz
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April 04, 2016, 05:52:33 AM |
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I'm new about mining coins, but i just start mining alt coins. And i think better you save it and wait, because it's have a change that coin's price can increase.
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plost24
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April 04, 2016, 06:34:28 AM |
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if you are mining altcoins you need to save some of them because the price is changing faster not like bitcoin. and it will more profitable week by week.
or if you want to sell it to bitcoin it will be with out risk of price. if you don't want to take risk just sell it.
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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Kalder
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April 04, 2016, 10:39:03 AM |
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I'm new about mining coins, but i just start mining alt coins. And i think better you save it and wait, because it's have a change that coin's price can increase.
It is difficult to say. Most of the altcoins are scams. It is better to mine and sell most of them. Just keep very little. |
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ultimatesky
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April 04, 2016, 10:58:47 AM |
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Honestly I would save them for later because the price is gonna increase and mining is gonna get more difficult than every before.
If you need the money selling is the option if you want to make a lot of money just wait for a couple months.
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NewInCryptoCurrency
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April 04, 2016, 02:13:37 PM |
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On this time it will be better if you are holding, because there is now no reason to sell your coins because the value is not even high enough to sell it with a good profit.
I heard also from many people that they are saying that the value will not even rise after the halving so we should wait a longer time to sell it with a good value.
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