Mining coins save or sell it?

[angryswamp]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

not all but 99 per cent of them are waste for sure, the only cryptos that are worth attention right now is ethereum both coins and lisk in my opinion

[Capradina]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

not all but 99 per cent of them are waste for sure, the only cryptos that are worth attention right now is ethereum both coins and lisk in my opinion

Very precise. indeed not all altcoin give something a good thing when we use it, because there are several altcoin that are just a waste and doesn't have a good profit. Now indeed ethereum is a very good altcoin to use and also very good for profit. Because the ethereum always denotes something that is better than ever

[Finestream]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

not all but 99 per cent of them are waste for sure, the only cryptos that are worth attention right now is ethereum both coins and lisk in my opinion

Very precise. indeed not all altcoin give something a good thing when we use it, because there are several altcoin that are just a waste and doesn't have a good profit. Now indeed ethereum is a very good altcoin to use and also very good for profit. Because the ethereum always denotes something that is better than ever

You know from the very start which altcoins that are going to be a scam so with that instinct you have to stay away with that or you are like gambling at all. Focus on altcoins that are more funded and gaining the trust of the community as they are more likely to succeed than the others.

[dunfida]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

not all but 99 per cent of them are waste for sure, the only cryptos that are worth attention right now is ethereum both coins and lisk in my opinion

Very precise. indeed not all altcoin give something a good thing when we use it, because there are several altcoin that are just a waste and doesn't have a good profit. Now indeed ethereum is a very good altcoin to use and also very good for profit. Because the ethereum always denotes something that is better than ever

You know from the very start which altcoins that are going to be a scam so with that instinct you have to stay away with that or you are like gambling at all. Focus on altcoins that are more funded and gaining the trust of the community as they are more likely to succeed than the others.

Thats the main thing to consider when you decide to  purchase a coin, when you saw that a certain coin have a potential  then  proceed to buy   and   do trades with that coin   so that you would gain profits with it. In trading you just buy low and sell high thing. Rinse and repeat then its a sure profit.

[dragunfly]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

you are right but in my opinion some of them might be really useless though such coins as ethereum are really great so i hold it now

[Ayers]

i mine altcoin and ai save only the better oen the other i dump immediately the one that are more promising are in hold for better time, i do this only with coin that had a pump lately or have a true potential

[BitcoinPaw]

I think that always better to sell your mining coins if you are not in China, taxes is very hard to pay right now and better to have enough money for it.

[Xestadar]

I think that always better to sell your mining coins if you are not in China, taxes is very hard to pay right now and better to have enough money for it.

I sold use the bitcoin I mine to pay for the mining cost. I will hold most of the coin whenever possible as the price will rise in the future.

[freedomgo]

I think that always better to sell your mining coins if you are not in China, taxes is very hard to pay right now and better to have enough money for it.

I sold use the bitcoin I mine to pay for the mining cost. I will hold most of the coin whenever possible as the price will rise in the future.

What you are doing is a very profitable practice, mining would give you income if you are not going to sell it right away and we have witness in the past that most of the long time holders are making fortune of bitcoin. I can see this will happen also to you if you will continue to do the right practice.

[blackmachinegun]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

yeah there are some pretty strong altcoin like etherum, litecoin, and there are several others where they can not be equated with other altcoin. that altcoin also quite strong and may have a life span that is similar to bitcoin. I think it's quite profitable to mining altcoin?

[Corenin]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

yeah there are some pretty strong altcoin like etherum, litecoin, and there are several others where they can not be equated with other altcoin. that altcoin also quite strong and may have a life span that is similar to bitcoin. I think it's quite profitable to mining altcoin?

Mining will depend on the country you are living in and the cost of electricity and it will also require capital to buy equipments, better option is to trade and sell when price goes higher.

[asriloni]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

you're definitely right,some of altcoins are just being made and only live for a short time but there's also some altcoin that could live until now and quite popular and this kind of altcoin will appear day by day and trying to compete against bitcoin,it's about how the altcoin is being developed by the devs

[Doamader]

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.

The thing is, there can never be only one crypto currency in the future, altcoin are destine to support bitcoin and maybe act as an independent project. We can see a lot of altcons now with great potential in the future and if that is just a waste investors will not support that with their money.

Altcoins are showing they can turn into the silver of bitcoin history or the seconds to achieve bigger results, at bitcoin the way to get rich i do believe has gone, you can get a steady income and just, with altcoins if you lucky, you can make huge income without very effort, look at monero i dont remember any crypto coin has 80k btc as volume daily, and the worse at weekend when the market usually is more frozen. I do remember eth has 40k-60k of bitcoin and just.

[pocarime32]

For me, it's better to sell it all your mining coins, so you don't need scare the price of that coin going down. Just sell it, earn money and mining the coins again.

[shane]

For me, it's better to sell it all your mining coins, so you don't need scare the price of that coin going down. Just sell it, earn money and mining the coins again.

yeah supposed to be better direct sell to cover the cost of electricity or other things. because of the risk when the price falls you will be losers.

but another thing when you mining altcoin and try your luck to hold until prices rise very high. because altcoin has a very high potential for the price to rise to 200% or more at least.

[Barbut]

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save (something I don't do, and I don't know how) but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.

Again it's individual decision, every person here is in different situation. Calculate your monthly expenses, see what you need and do what is best for you. Saving coins for future is good thing for now cause price is rising each year. But not everyone of us can afford to wait that rise.

[Jiamaf]

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save (something I don't do, and I don't know how) but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.

Again it's individual decision, every person here is in different situation. Calculate your monthly expenses, see what you need and do what is best for you. Saving coins for future is good thing for now cause price is rising each year. But not everyone of us can afford to wait that rise.

It depends on what you mine. If you mine the bitcoin, ASIC will be useless in a year. But if you mine the altcoins, GPU can be sold later.

[Fappanu]

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save (something I don't do, and I don't know how) but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.

Again it's individual decision, every person here is in different situation. Calculate your monthly expenses, see what you need and do what is best for you. Saving coins for future is good thing for now cause price is rising each year. But not everyone of us can afford to wait that rise.

It depends on what you mine. If you mine the bitcoin, ASIC will be useless in a year. But if you mine the altcoins, GPU can be sold later.

I also like to use the GPU mining as it can be used to mine many different coins with quite high profitability.

[Finestream]

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save (something I don't do, and I don't know how) but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.

Again it's individual decision, every person here is in different situation. Calculate your monthly expenses, see what you need and do what is best for you. Saving coins for future is good thing for now cause price is rising each year. But not everyone of us can afford to wait that rise.

It depends on what you mine. If you mine the bitcoin, ASIC will be useless in a year. But if you mine the altcoins, GPU can be sold later.

Mining bitcoin is not profitable now if you are not using an advance equipment and the difficulty will increase every halving until those who will remain in the business are only the big companies whose main business is mining, maybe the best option is to manage a potential altcoins and hold it for the long term.

[DuckKeeper]

Mining is expensive, you need to pay electricity, mining equipment, and only then you can count on profit. Sell enough to cover your expenses, to buy something for yourself, and what is left try to save (something I don't do, and I don't know how) but as we can see price is rising, and this thread is from last november, now price is three times higher, so waiting was smart thing to do in that moment.

Again it's individual decision, every person here is in different situation. Calculate your monthly expenses, see what you need and do what is best for you. Saving coins for future is good thing for now cause price is rising each year. But not everyone of us can afford to wait that rise.

It depends on what you mine. If you mine the bitcoin, ASIC will be useless in a year. But if you mine the altcoins, GPU can be sold later.

Mining bitcoin is not profitable now if you are not using an advance equipment and the difficulty will increase every halving until those who will remain in the business are only the big companies whose main business is mining, maybe the best option is to manage a potential altcoins and hold it for the long term.

You are right about this, its not very profitable anymore, back in the days it was profitable but right now its not anymore.
Some can still make some money but for the most of us its not profitable anymore...