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Author Topic: Mining coins save or sell it?  (Read 106756 times)
FabioDelcatto
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June 08, 2016, 07:31:12 AM
 #481

At the moment it is not profitable any more because of the halving coming so many people are skipping the mining porces. Best thing that you can do know is just buying Bitcoins and aiming to make a profit with them.
CrimBit
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June 08, 2016, 08:56:42 AM
 #482

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.

i think better we save 50% of our produce, it's better than sell all of it, look like etherum , the first time people can produce more etherum and the price is very cheap and now the difficult increase each day and you will lost "more chance " to get more roi
sobsitesearch
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June 08, 2016, 10:09:40 AM
 #483

for now save all your bitcoin wait for the right time to sell profit of waiting is there. work more to earn more bitcoin..make it other source of your income guys we need this for the future
Doms
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June 08, 2016, 11:56:02 AM
 #484

If I were in your shoes, and my work on mining has paid off, I'd sell some as reward for myself while I'd hold most because the price has been rapidly increasing over the last couple of weeks, and it would likely go up even more in anticipation of the halving event. If you are positive about bitcoin's future, the best thing to do is hold and enjoy the ride.
Altynbekova
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June 08, 2016, 02:02:03 PM
 #485

Saving them up is in my eyes now better because of the upcoming halving that is coming this year, I honestly think the price will rise so if you are holding its better.
Chrismeister
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June 08, 2016, 02:07:43 PM
 #486

It depends where you want to store your coins you know there are allot of wallets online but dont think they can all be trusted so if you want to use a online hardware wallet you have to be sure that he is 100% save you know otherwise store them into your own pc.
dinda22
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June 08, 2016, 02:28:18 PM
 #487

depending on the coin. if the coin is seen to have a very good project, you have to hold it up, because I believe it will rise very high.

because of some of my experiences during mining altcoins so, always see a great potential coin.
Lokfar
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June 08, 2016, 04:28:09 PM
 #488

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.

i think better we save 50% of our produce, it's better than sell all of it, look like etherum , the first time people can produce more etherum and the price is very cheap and now the difficult increase each day and you will lost "more chance " to get more roi
One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone.
You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.
bitlancr
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June 08, 2016, 05:23:40 PM
 #489

Miners should now hold their bitcoins to gain more profit with the halving that is coming, for them the halving is not good but if they are holding they still can make super nice profits.
bittrojan
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June 08, 2016, 05:48:30 PM
 #490

depending on the coin. if the coin is seen to have a very good project, you have to hold it up, because I believe it will rise very high.

because of some of my experiences during mining altcoins so, always see a great potential coin.
Good suggestion,people with excelent and strong computer should know what coins they mine,and that will give they option betwen sell unpotential coins and hold potential coins,and its not easy as bitcoin miners when bitcoin halving come.

ICO investor. Miner. Bagholder Extraordinaire!
CryptoBjorn
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June 08, 2016, 09:11:34 PM
 #491

Miners should now hold their bitcoins to gain more profit with the halving that is coming, for them the halving is not good but if they are holding they still can make super nice profits.

The price is going up and up so selling now seems to be a a wrong thing to do. Although there is never a certainty the price will rise, i strongly feel that we may up seeing the price going over 600 dollars. From there I would hold a little longer, to sell when we are near the halving, or even better in a few years.
MaxTax
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June 08, 2016, 09:51:08 PM
 #492

I would rather save my coins then sell it. Price is going up, halving is coming up. That's 2 very solid reason to wait patiently and get the maximum out of my bitcoins.

BTCBinary
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June 08, 2016, 09:59:46 PM
 #493

If you are mining bitcoin my advice is to keep as much as you can cause the price will soon go up. I don´t believe that it could skyrocket but I do believe in a price increase of about 30 to 40%.
Windpower
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June 09, 2016, 12:31:50 AM
 #494

I'm new to 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.
Mark1003
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June 09, 2016, 12:36:50 AM
 #495

Saving your coins is the best option now. As price is goin up, then your profit will be much higher is you save your coims for now. And now is the time to save as much coin as you can before halving because the demand will become higher as halving occurs.
bladeandsoulguide
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June 09, 2016, 12:40:25 AM
Last edit: August 23, 2016, 01:53:58 PM by bladeandsoulguide
 #496

after you mine the bitcoins

it is better to save it

invest it






buy and sell blade and soul gold we accept bitcoins
Nouelle-Hunter
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June 09, 2016, 01:34:35 AM
 #497

Well first of all what coin is it that your mining? if it has a good projects in the future Ill say you hold it.  Grin

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DuckKeeper
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June 09, 2016, 08:50:44 AM
 #498

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?

Mining coins at the moment is not the best thing to do because I believe that it is not profitable any more. So at the moment selling them is the better option to choose out of.
yhansky
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June 09, 2016, 09:06:28 AM
 #499

Mining coins can give you long term profit,save or hold gives you instant profit but selling after 1 week after you bought  gives you no proft at all. .so best way is mining and hold your coins
Mvaporis1961
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June 09, 2016, 11:04:59 PM
 #500

Save your coins especially your bitcoins until the halving comes to get or gain more money by just holding it and selling to for a higher price after the halving comes in the month of july.
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