Bitcoin Forum
May 28, 2024, 02:52:00 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 71 ... 88 »
  Print  
Author Topic: Mining coins save or sell it?  (Read 106756 times)
Tristana
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
May 01, 2016, 07:10:01 PM
 #401

Save the coins. Wait for its value to rise before selling it.. Cheesy
praprata
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
May 02, 2016, 09:21:24 AM
 #402

If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you.
If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.


                ,╓▄▄▄▄▄▄▄▄▄╓                 
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,         
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖       
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌     
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,   
   ▐███ ▐███ .███           ███  ███▌ ███▌   
   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin |  Trustless Anonymous Cryptocurrency |  PoSA3
Forum | Bitcointalk | Twitter | Slack |  Facebook |  VK |  Reddit |  CloakTV |  Instagram |  IRC-Chat |  Faucet
n0ne
Hero Member
*****
Offline Offline

Activity: 2590
Merit: 548


Seabet.io | Crypto-Casino


View Profile WWW
May 02, 2016, 10:35:25 AM
 #403

Save the coins. Wait for its value to rise before selling it.. Cheesy

Yeah till the days of halving, saving the regularly mined coins is the best decision as halving is to give promised returns.

Altynbekova
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
May 02, 2016, 02:21:23 PM
 #404

The best thing that you can do now is that you have to hold it because the value is not even that high now and that is the problem because you want of course make some profit.
And it is now not possible to make money with it because the value is not that high now and it takes time to rise so we have to wait for it.
RobinHoodster
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
May 04, 2016, 02:27:37 PM
 #405

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.
The best thing that you can do with Bitcoin now around this time is that you have to save it and that is because the value around this time is not even that high and that is because it is not rising.
And the most people are hoping of course that the value will rise soon so they can earn all some profit soon.
tampazeus
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


Lick me like a lolipop


View Profile
May 04, 2016, 02:50:29 PM
 #406

I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.
Akupuniard
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile WWW
May 04, 2016, 08:18:01 PM
 #407

I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.

Yes it's proftiable but i don't really know what will happen with miners after halving. I think a lot of them will lose many money and will stop mine coins.

Xestadar
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
May 08, 2016, 07:23:30 AM
 #408

I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.

The price will go higher at the halving. But the price is more determined by the actual usage of the bitcoin itself.
Corenin
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
May 08, 2016, 07:26:17 AM
 #409

I would prefer to buy now and save for the future, as mining is not profitable for me, So its good to save till the halving occurs so can sell when price goes higher.
AlexBits
Full Member
***
Offline Offline

Activity: 239
Merit: 250


View Profile
May 09, 2016, 02:08:49 PM
 #410

The best way is to mine them of course. because mining is for free saving also but you
first need some coins to save them. I prefer mining and saving them at the same time is the best way.
sishendaoye
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
May 09, 2016, 02:15:00 PM
 #411

I think its right now maybe better to save them because of the blocksize that is gonna halve so I think if you hold them from now and than sell them later when the halving is done will let you make some nice profits.
adelhmdt
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
May 09, 2016, 02:29:29 PM
 #412


i would definitely save it all in order to make some good money in the future because the price of the bitcoin will surely grow and make you more money than it would give you now.

after a few decades when the price will be really high i would sell a part of it to make a return of investment and then keep on holding the part that would be left after that.
 

 
 
 
bryant.coleman
Legendary
*
Offline Offline

Activity: 3682
Merit: 1217


View Profile
May 09, 2016, 02:35:40 PM
 #413

Here are a few things to keep in mind, if you are mining bitcoins.

1. Never ever mine Bitcoins at a loss. If your mining can't even recover the electricity costs, then stop the mining. Sell your mining equipment, and buy a few coins from the market using fiat.

2. In case you are mining at a profit, then sell 80% of the coins to cover your expenses, and keep the remaining with you.
FabioDelcatto
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
May 09, 2016, 02:39:42 PM
 #414

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.
The best thing that you can do with Bitcoin is that you have to save it and that is because the value is going to be more and more and that is quite nice.
But nobody will know of course what the value will be and that is the problem you have to take some risks also.
ElpadroBitcoin
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
May 09, 2016, 03:21:26 PM
 #415

Mining coins is very profitable because you do not have to invest in the coins but only in a good pc. If you already have a good pc then this is a great opportunity for you to make money.
yayayo
Legendary
*
Offline Offline

Activity: 1806
Merit: 1024



View Profile
May 09, 2016, 04:22:12 PM
 #416

Here are a few things to keep in mind, if you are mining bitcoins.

1. Never ever mine Bitcoins at a loss. If your mining can't even recover the electricity costs, then stop the mining. Sell your mining equipment, and buy a few coins from the market using fiat.

2. In case you are mining at a profit, then sell 80% of the coins to cover your expenses, and keep the remaining with you.

These are quite normative recommendations. I think a lot of miners continue to use their equipment even when it is not profitable anymore, because they speculate Bitcoin valuation might be higher in future. Also if your equipment is not profitable anymore, you're unlikely to get much if you sell it - so the said strategy might not be entirely stupid (apart from the idealistic motive of strengthening the network).

The same is true, if you are mining at a profit. Why not keep all the Bitcoin, if you still have enough fiat to cover your electricity bill?

ya.ya.yo!

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
mrhelpful
Legendary
*
Offline Offline

Activity: 1456
Merit: 1002



View Profile
May 09, 2016, 04:24:05 PM
 #417

I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.

Mining died for me after the asic race on whoever had expendable cash to spare.

I think the true moments were when people had the 800ghz BFLs machine to mine a ton back in 2012-13ish.
stromma44
Hero Member
*****
Offline Offline

Activity: 952
Merit: 1000


View Profile
May 09, 2016, 10:22:42 PM
 #418

I am earning and buying now, I am trying to save my money in  bitcoin on regular basis, as I am pretty sure that bitcoin will achieve new heights in coming years.
NordicRanger
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
May 10, 2016, 01:51:20 PM
 #419

I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.

Mining died for me after the asic race on whoever had expendable cash to spare.

I think the true moments were when people had the 800ghz BFLs machine to mine a ton back in 2012-13ish.
You can better save it and sell it later when the value is much higher and that is nice for yourself because than you can earn some more money with it and that is nice.
But the hard thing is that you must have to patience for it to wait such a long time until it will have that high value.
Text
Hero Member
*****
Offline Offline

Activity: 2380
Merit: 589


Bitcoin Casino Est. 2013


View Profile
May 11, 2016, 10:10:29 AM
 #420

Before you can sell your bitcoins, you should mine it first. If you are mining btc, save it in the first place, hold it and at the same time keep it growing so that when the time comes for selling you can make a good profit from it.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
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 71 ... 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!