Bitcoin Forum
May 31, 2024, 12:18:16 AM *
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 72 73 74 75 76 77 78 79 80 81 82 83 ... 88 »
  Print  
Author Topic: Mining coins save or sell it?  (Read 106756 times)
Text
Hero Member
*****
Offline Offline

Activity: 2394
Merit: 589


Bitcoin Casino Est. 2013


View Profile
July 07, 2016, 06:31:45 AM
 #641

How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
freedomgo
Legendary
*
Offline Offline

Activity: 3122
Merit: 1146



View Profile
July 07, 2016, 08:17:05 AM
 #642

How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.
I think it is more costly to have a mining business than buying bitcoins alone, we don't mind for free and that is for sure as we need to spend for the mining rig and the electricity consumption to operate.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Corenin
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
July 07, 2016, 08:21:26 AM
 #643

How about those who don't have enough money to buy bitcoins? And there are also who don't want to invest their own money. They just hope for the mining, like in Eobot, you can rent there to mine bitcoins, dogecoin and other alt coins, they are offering a 5 year rental without investment  which is the longest period.
I think it is more costly to have a mining business than buying bitcoins alone, we don't mind for free and that is for sure as we need to spend for the mining rig and the electricity consumption to operate.

Mining won't be profitable at this stage, price has gone down so I think buying some coins right now would be a good choice and saving them for future can be more profitable.
akosimakulit
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
July 07, 2016, 08:31:19 AM
 #644

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.

Pasutinmeur
Full Member
***
Offline Offline

Activity: 302
Merit: 100



View Profile
July 07, 2016, 07:45:55 PM
 #645

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.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

OIKOS.CASH      Decentralized finance on Tron   ▬▬▬▬▬▬▬▬▬▬▬▬▬   Collateral-backed stable-coins
         github  telegram    twitter    discord           synthetic asset trading and trustless token exchange on TRON
Digitalbitcoin
Hero Member
*****
Offline Offline

Activity: 1554
Merit: 502



View Profile WWW
July 07, 2016, 07:56:13 PM
 #646

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.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

Unit value of mined coins will be same but exchange rate of certain mined coin may be vary. It depends up on market condition so its better to sell mined coins  and invest in newly growing altcoins as price will up then sell them and get profit residually.
Chrismeister
Sr. Member
****
Offline Offline

Activity: 465
Merit: 250


View Profile
July 07, 2016, 08:11:52 PM
 #647

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.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

You also better now keep them because the worth is going to get up and the fact is also that the bitcoin is going to a higher amount for sure with it nice amount of bitcoins.
You can make so munch profit with mining and now holding, mining will also not be profitable anymore when the halving is happened.
MingLee
Hero Member
*****
Offline Offline

Activity: 490
Merit: 520


View Profile
July 07, 2016, 08:15:31 PM
 #648

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.

I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer.

Unit value of mined coins will be same but exchange rate of certain mined coin may be vary. It depends up on market condition so its better to sell mined coins  and invest in newly growing altcoins as price will up then sell them and get profit residually.
That's actually not a bad idea, but I think it would require a lot of research and so into the different coins and it simply might not be worth it for a lot of miners to take their additional mining income and use it to trade altcoins. There is a very selective number of alts that could actually maintain or procure some value, and those alts typically don't last for long.
bitcoin-hunter
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
July 07, 2016, 08:44:59 PM
 #649

Mining is not the thing I would do right now because its just not very smart in my eyes, why would you even do it.
Mining is not profitable anymore it even cost more power than it will provide..
n691309
Legendary
*
Offline Offline

Activity: 1526
Merit: 1001



View Profile
July 07, 2016, 08:57:28 PM
 #650

Mining is not the thing I would do right now because its just not very smart in my eyes, why would you even do it.
Mining is not profitable anymore it even cost more power than it will provide..

Mining bitcoin can not be profitable if you are mining with the old mining rigs, the new one like S7 and S9 are profitable to mine, of course they spend lots of power but at the end of the month there is a profit. Miners usually don't sell those coins as they think that the price increases but if they need to pay the electricity then they have to sell them.
klach
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
July 07, 2016, 09:29:14 PM
 #651

it is a bad chose to sell all right now the price will grow so soon i think even if you try mining or trade with bitcoin will be better to give you more bitcoin and that profit will grow when the price of bitcoin grow too.
Crazygreek
Sr. Member
****
Offline Offline

Activity: 378
Merit: 251


View Profile
July 07, 2016, 10:52:54 PM
 #652

Need to have a plan of wastings, if you earning a lot of bitcoins or other coins, you can sell it everytime and live on this money, in other cases better to hold some coins.

Scream
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


U will never know the true answer, before you try


View Profile
July 08, 2016, 12:44:55 AM
 #653

currently i mining ethereum, and im hold it, waiting rprice rising to 0.03 then holding bitcoin, i get some salary from signature campaign, so for electric cost i will use salary from campaign to pay it.

i think holding our coin from mining is better then sell it in low price.
hermanhs09
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


View Profile
July 08, 2016, 01:01:40 AM
 #654

Personally i dont mine,and for some reason i have never liked mining,and well looks like it won't
never change cause it makes less and less profitable.
But i would suggest you investing whole coins you mined,into some safe asset's where you can yield profit every month the same u did with mining.
Hatuferu
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000

https://trueflip.io/


View Profile
July 08, 2016, 01:41:37 AM
 #655

Personally i dont mine,and for some reason i have never liked mining,and well looks like it won't
never change cause it makes less and less profitable.
But i would suggest you investing whole coins you mined,into some safe asset's where you can yield profit every month the same u did with mining.
Because mining this days is not that profitable like the old days, now is the time to move on as mining is only for big capitalist and for us we just have to focus on trading and investing.

  ▃▃▃▂▂▂▂▂▃▃▃▃                                      ▃▃▃▂▂▂▃▃▃                         
   ██████████████████                                        █████████████     ████                 
   ██████████████████                                        █████████████     ████                 
          ████                                               ████                                   
          ████   █████ █████ ████   █████    █████████       ████       ████   ████  ███████████   
          ████   ▀█████████▀ ████   ████    ████   ████      █████████  ████   ████   ████  █████   
          ████    ████▀ ▀▀▀  ████   ████   ████     ████     █████████  ████   ████   ████    ████ 
          ████    ████       ████   ████   █████████████     ████       ████   ████   ████    ████ 
          ████    ████       ███████████▄   ████             ████       ████   ████   ████   █████ 
          ████    ████       █████  ███████  ████  ████      █████      ████   ████   ███████████   
         ▄████▄   ████        ███     ███      ██████        █████      ████   ████   █████████     
                                                                                      ████         
                                                                                      ████         
                                                                             █▀▀   
Blockchain Fair Games
|
Truly one of a kind games:
MAGIC DICE   CHAIN'S CODE   PIRATE BAY
MINING FACTORY      RAPID TO THE MOON
|

400 BTC
★ PRIZE FUND ★
|

WEEKLY GIWEAWAYS
Join our community!
150% BONUS
First-time deposit
VISA  🔴🌕  50+coins

CERTIFIED RNG
100% TRANSPARENT
PROVABLY FAIR
Text
Hero Member
*****
Offline Offline

Activity: 2394
Merit: 589


Bitcoin Casino Est. 2013


View Profile
July 08, 2016, 03:39:36 AM
 #656

Those big companies only can make a large profit from mining... If you still want to mine coins, you should know first what alt coin can take an advantage later on and will give you money. All you need to do now is to save them and invest some of it.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
Mark02
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
July 08, 2016, 03:48:14 AM
 #657

Definitely save them mate! 2016 is packed with many important dates and announcements of new features, etc. Also we have a halving that's coming. Price will surely go up in the next 12 months.

You can't lose at all in my opinion if you just hold on to them!

Yeah, if you have capital that will suffice your needs in your mining. Then you should save that and wait for its market price to rise. So you will have a larger profit. But, if you don't have that much money. I suggest you sell the half for your needs and save the other half and wait for its price to get high then sell.
groll
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
July 08, 2016, 04:03:58 AM
 #658

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?

If you are earning 80% less compared to what you are earning before then you should need to upgrade your hardware or your mining equipments. If you stick to your old miner in time it will just be purely maintenance. But as of now if it is earning well then you should stick to it. You should also stock your btc at the moment rather than selling all your share in the mining pool.
Jmild1
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
July 08, 2016, 04:12:02 AM
 #659

Those big companies only can make a large profit from mining... If you still want to mine coins, you should know first what alt coin can take an advantage later on and will give you money. All you need to do now is to save them and invest some of it.
What do you mean companies? No one can profit in mining nowadays because of the cut that keep on happening to btc fee which is halving. The only year that bitcoin mining became profitable is the early years it had.
Laosai
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
July 08, 2016, 04:13:26 AM
 #660

Personally i dont mine,and for some reason i have never liked mining,and well looks like it won't
never change cause it makes less and less profitable.
But i would suggest you investing whole coins you mined,into some safe asset's where you can yield profit every month the same u did with mining.
Because mining this days is not that profitable like the old days, now is the time to move on as mining is only for big capitalist and for us we just have to focus on trading and investing.

Mining is still a way to actualy transform dollars in btc.

Not that it's really complicated that's right, but you can run miners for a rather long time even if it's to make low benefits, and storing the mined btc can be very profitable on the long term!

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 72 73 74 75 76 77 78 79 80 81 82 83 ... 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!