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Author Topic: Mining coins save or sell it?  (Read 106756 times)
Dakron
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June 17, 2016, 10:58:51 PM
 #541

We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.
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June 18, 2016, 08:07:00 AM
 #542

We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.

This is the best time to save bitcoin for future as we are sure price will skyrocket in future and I don't think this can be profitable moment to sell our coins.
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June 18, 2016, 08:42:52 AM
 #543

We are mine a bitcoin to have money to spend for our daily lives but do not forget to save for the unexpected situation you will encounter.

This is the best time to save bitcoin for future as we are sure price will skyrocket in future and I don't think this can be profitable moment to sell our coins.
We cannot be sure but the probability is high, but I know that altcoins will have a big impact in the future. Bitcoin will not only the one coin that would dominate in the future, because when the demand will increase people will look for other coins that would satisfy their need, and we know that bitcoins is not at all.

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June 18, 2016, 09:02:53 AM
 #544

sell 10% and hold the rest, bitcoin is going to the moon, if you are not stupid you should hold right now

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June 18, 2016, 01:08:25 PM
 #545

I think that miners should sell a bigger part of earnings and save smallest part as investment, but i am not miner so i can't answer on this question clearly.

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June 18, 2016, 08:35:30 PM
 #546

If you want to follow my opinion, i will suggest to save it because we see that the bitcoin price is continue rising and also many users saying that it's better to save our coins than selling it now.
This is what on my mind mining the save it to my wallet i never sell my bitcoin this is for my future.
Saving now is profitable than selling because the price is now rising again thats the effect of halving
Yes and when the price is increasing it just keeps increasing and stops beyond $1000 or around that.
I would recommend to sell it once it starts to drop, while it is rising just keep all of it for later plans Wink

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June 18, 2016, 10:55:44 PM
 #547

I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
But how will miners manage to pay their bills and mining cost if they just save ? I think if you have enough money to pay the bills even after saving the bitcoins then please save it, because I can easily see price going over 1500$ at least.

If we talk about the normal users then I think they will prefer to save their coins for halving, as selling now is no more profitable as price will be higher at halving.

No matter where you get the bitcoins from, ( mining / Trading / Services /gambling)  keep them save for the halving to maximize the profits. Halving is 21 days from now and you should not sell it till halving.

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June 18, 2016, 11:46:22 PM
 #548

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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck

 
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June 18, 2016, 11:57:26 PM
 #549

Leave some and sell some for sure.  Roll Eyes
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June 19, 2016, 12:31:29 AM
 #550

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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck
Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
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June 19, 2016, 01:10:48 AM
 #551

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?
In basic terms, the short term profit of selling bitcoins is pretty much null and not worth the effort, so try and avoid doing it at this moment despite the urge for instant profit as i know it can definitely be tempting
I'd wait until the payback of the coming halving, with the amount you're making you should see some pretty nice rewards as other people have said, really if you keep a hold of them pretty much nothing can go wrong, so good luck
Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
Yeah! Halving will bring great value for the bitcoin, holding and selling would be good but it should be properly calculated. Selling a certain percentage is better that selling all because bitcoin has still a lot of rooms to grow to increase the price in the future.

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June 19, 2016, 01:13:20 AM
 #552


Nothing wrong in taking profits off the books and putting them on the table. But with the strength of this rally, as you can see we're holding mid 700's right now very reliably, it is a good bet that it's going to go much higher. And like people are saying the halving is not even a month away. Expect higher returns soon if not tomorrow. Looking like we're about to run up again.
Yeah! Halving will bring great value for the bitcoin, holding and selling would be good but it should be properly calculated. Selling a certain percentage is better that selling all because bitcoin has still a lot of rooms to grow to increase the price in the future.
[/quote]
This is exactly correct. The halving could have dramatically different results anywhere from the price flying up to $2,000 or there being a massive sell off to around 600 or 700 dollars. Regardless of what that crazy day holds, when the dust settles and people can see clearly, the simple supply and demand of economics will make it so that the price will rise slowly.
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June 19, 2016, 06:17:43 AM
 #553

I think if you are really into mining, then it would be smart to save your coins instead of selling it straightaway. Especially after the halving when the price will probably take some time to readjust to the deserved level.

If you mined coins and held it for a month till now, then you would have already made $350 on each coin Tongue
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June 19, 2016, 06:36:37 AM
 #554

I think if you are really into mining, then it would be smart to save your coins instead of selling it straightaway. Especially after the halving when the price will probably take some time to readjust to the deserved level.

If you mined coins and held it for a month till now, then you would have already made $350 on each coin Tongue
But a typical minrr would make maybe $170/month after expenses on each mining unit he had. So waiting to sell really isn't worth it unless you got a pretty huge farm to where you can speculate and you don't need to sell that much to cover your bills.
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June 19, 2016, 07:15:26 AM
 #555

mining should be save to be profitable in the future.. but if you heard a news like ethereum right now better to sell it right now to still make a profit right  now until ethereum still have a good value..
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June 19, 2016, 10:21:13 AM
 #556

I think that when you mine coins it is not usually very profitable at all to sell it immediately. Rather you should definitely hang onto your coins for a certain period of time and wait till the price rises.

Then you could be making a ton more money.
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June 19, 2016, 06:49:41 PM
 #557

When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.
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June 19, 2016, 06:52:42 PM
 #558

When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.

It is expected that price will go higher at halving, but what if it doesn't go? The best option is to sell some coins at this stage and secure the profits as we never know what will be the price very next day.
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June 20, 2016, 06:10:44 AM
 #559

When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.

It is expected that price will go higher at halving, but what if it doesn't go? The best option is to sell some coins at this stage and secure the profits as we never know what will be the price very next day.
Yeah we are not sure that after halving the price will reached more than $1k. So it's better to observe the price movement now.
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June 20, 2016, 07:57:26 AM
 #560

sell those garbage they are not worth anything, i would keep only the top 5 altcoin in the marketcap or at worst the top 10

when i was instamining the altsection basically, i remember that i was mining and then selling very quicjly everything on the same announcement thread, very profitable experience

I agree, keep only those who are on the top list else other coin are just for the mine - dump scheme.  I have seen this scenario a hundred times.  A friend of mine used to trade different altcoin, he get profit from trading but make sure he will increase his holdings.  After sometime his holdings become nothing, After a year of keeping the coin to his wallet and forgeting it, he remembered he has this  numbers of altcoins.. and when he checked the thread, they are dead or their value is way low than it was before.
How to check the coins if they are on the top list of trusted coins? Yes I agree that some of the coins are just there to make a manipulative price and profit with it, but i want to know how you guys check the trusted coins around.
Trusted coins is the one which has a stable price, has a decent market value and plans. I think you can check sites like poloniex and see which altcoin's price is stable or in the market for a long time.

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