Mining coins save or sell it?

[co5hike]

As I am not aware about the mining process so I will avoid that option, instead I will prefer to buy them and save them for a long term, and will use some of them in trading to grow my coins for the future.

[sanas]

As I am not aware about the mining process so I will avoid that option, instead I will prefer to buy them and save them for a long term, and will use some of them in trading to grow my coins for the future.

If you are not a computer expert or familiar with the mining process, it is better to buy and hold the bitcoins.

[doomistake]

If you mean bitcoins, I think saving it is the best thing to do rather than selling it because you know that mining bitcoin is not that easy. It takes a lot of time, efforts to wait just to mine bitcoins and right now it's currency is still fluctuating that's why it's way more better if you'll just save it and wait until it hits the high sky again. You'll get more profit than selling it if that happens.

[relq]

It's depend. If i predict that mining coins have a good future, i will keep it until the price of that coin increase, but if i feel that coin is not good, i will sell it directly, just play safe and enjoy your money.

[asriloni]

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

i'm agree with you,using GPU will give us  benefits when going to mine altcoin,so we're not going to only mine bitcoin but another altcoin that seems profitable and exchange it to bitcoin when bitcoin's difficulties is just too high and seems not profitable anymore since halving just occur,only big miners will get the profit by mining bitcoin

[Xestadar]

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

i'm agree with you,using GPU will give us  benefits when going to mine altcoin,so we're not going to only mine bitcoin but another altcoin that seems profitable and exchange it to bitcoin when bitcoin's difficulties is just too high and seems not profitable anymore since halving just occur,only big miners will get the profit by mining bitcoin

For the time being, mining altcoin is more profitable than mining the bitcoin. You can get many altcoins.

[goldcoinminer]

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

i'm agree with you,using GPU will give us  benefits when going to mine altcoin,so we're not going to only mine bitcoin but another altcoin that seems profitable and exchange it to bitcoin when bitcoin's difficulties is just too high and seems not profitable anymore since halving just occur,only big miners will get the profit by mining bitcoin

For the time being, mining altcoin is more profitable than mining the bitcoin. You can get many altcoins.

It is, but you need to choose the type of altcoin you will focus, because there are altcoins that has no future and you will just be wasting your time and money mining worthless coins.

[trinaldao]

im mining ethereum classic, i get arround 5 etc perday, and im still hold it
because im sure in next day/week/month ethereum classic will rising again to price 0.006
if im right with my speculation, i can get ROI faster then sell now.

[Sidas_Crew669]

im mining ethereum classic, i get arround 5 etc perday, and im still hold it
because im sure in next day/week/month ethereum classic will rising again to price 0.006
if im right with my speculation, i can get ROI faster then sell now.

Something extraordinary commitment to friends, I never thought that cryptocurrency could be like that in the future, because now it's been won by bitcoin altcoin would be very difficult and could rival the bitcoin bitcoin has, because it is an outstanding Foundation

[Caladonian]

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

i'm agree with you,using GPU will give us  benefits when going to mine altcoin,so we're not going to only mine bitcoin but another altcoin that seems profitable and exchange it to bitcoin when bitcoin's difficulties is just too high and seems not profitable anymore since halving just occur,only big miners will get the profit by mining bitcoin

For the time being, mining altcoin is more profitable than mining the bitcoin. You can get many altcoins.

It is, but you need to choose the type of altcoin you will focus, because there are altcoins that has no future and you will just be wasting your time and money mining worthless coins.

example of that is crx the dev abandoned that while it is still hot from yobit and most of traders got disappointed.

[praprata]

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 Bitcoin was pretty handy a couple of months ago but not anymore because of the halving that came in now mining is just useless.
Now you will have to invest in Bitcoin if you want to make some extra money with it.

[bitbunnny]

If you put so much money, time and effort into mining then don't sell it unles thus you would earn much, much more then you have invested. It's better to keep those coins. But I would suggest not to mine Bitcoin anymore, unles on a large scale, it is not profitable enough anymore.

[andyste]

if your mining altcoin
you can choose this good coin this reputable dev good selling ico
you can mining after mining you can stake your coin
and price up rice reach very high you can sell

[passwordnow]

If you put so much money, time and effort into mining then don't sell it unles thus you would earn much, much more then you have invested. It's better to keep those coins. But I would suggest not to mine Bitcoin anymore, unles on a large scale, it is not profitable enough anymore.

But how about if there is going to be an emergency happened to you. And you don't have enough money for using it? I guess this is a case to case basis and if you are going to fall with this type of scenario you don't have a choice but to sell your bitcoins or your alt coins. But as long as there is none, then just keep on saving it.

[HaXX0R1337]

I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.

[freedomgo]

I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.

Venturing into that kind of business is not profitable for small businessman and we know the every halving the difficulty of mining increase, I would not even consider it as a good investment although we are just investing in a certain mining site, for me, I will just leave it to the big companies as there are many opportunities here that fits for me.

[pitham1]

I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.

It makes sense if you sell enough coins to cover your costs.
That way, there is a hedge for your fiat costs. If you want to keep your profits in bitcoin, then that is a call you take.

[chaser15]

I dont like mining, because it is really not profitable right now, unless you have good hardware + a lot of money to invest.
However if you really mining them, i would suggest holding till you can get good price for it. You won't make much if you sell them fast i guess.

Venturing into that kind of business is not profitable for small businessman and we know the every halving the difficulty of mining increase, I would not even consider it as a good investment although we are just investing in a certain mining site, for me, I will just leave it to the big companies as there are many opportunities here that fits for me.

Agree as small numbers of mining rigs is really not a good idea if people wants to make some mining farm or earn bitcoin thru bitcoin mining.

With the drop rewards and the current mining difficulty, if a person is really serious in setting up a mining farm, they need to put a decent and big amoun to start with. Also lots of consideration must take place before taking place the commencement of operation.

[KenR]

With the drop rewards and the current mining difficulty, if a person is really serious in setting up a mining farm, they need to put a decent and big amoun to start with. Also lots of consideration must take place before taking place the commencement of operation.

It's still useless with all the blockstream's Hype.Basically,you're asking all the old miners to F-off since you have big money and you could build a bigger farm than the existing one's ? Nope,that's not what they started early for.China runs half the business either way.

[praprata]

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 does not do much now so I suggest that you stop with mining coins and just buy them with your own money.
You should then save them and sell them for more money in the future.