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Author Topic: Mining coins save or sell it?  (Read 106756 times)
mark coins
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October 16, 2016, 12:14:40 PM
 #1001

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins

Yeah and I think the best way to earn bitcoins is from signature campaign and trading, signature campaign will give guaranteed income and with trading you can expect to earn it quickly.
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October 16, 2016, 12:15:42 PM
 #1002

yes , your decsion is right to save for some minth and then sell it to after increase price .
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October 16, 2016, 12:22:24 PM
 #1003

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?

Save 60% and sell 40% to cover the electricity costs and maybe some other costs.

Is mining profitable in your country?

I think the price will increase if there aren`t any btc exchange platform "hacks".

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October 16, 2016, 12:36:57 PM
 #1004

Mining coins eh? I guess it depends on the coin you are mining. If you think the coin you are mining have a great future, great road map, all great and is expected to go up in price, why not save it? If you think the coin you are mining will gonna dump and at it's limit then sell it. Just remember to don't regret your decision even if the price rise after you sold your coins.
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October 16, 2016, 12:37:57 PM
 #1005

Mining may not give profitable returns at this stage so I will prefer to avoid that option and instead will try to earn as much as possible and save them for future to get higher returns in future.
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October 16, 2016, 12:41:24 PM
 #1006

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins

Yeah and I think the best way to earn bitcoins is from signature campaign and trading, signature campaign will give guaranteed income and with trading you can expect to earn it quickly.
Why are you guys always consider signature campaign as a good income, I guess the amount is just too small to be considered as income. The topic says all about mining so I believe we should be discussing on the matter and not signature campaign, that is not earning but a mere reward.
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October 16, 2016, 12:56:28 PM
 #1007

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?

Save 60% and sell 40% to cover the electricity costs and maybe some other costs.

Is mining profitable in your country?

I think the price will increase if there aren`t any btc exchange platform "hacks".
I do believe he is mining others altcoins and expect them to get a bigger value to sell, i dont know how the mine still being profitable, but sure some people still with their machines into bitcoin, and are able to get an income all months, soo as long those isnt a big debit.
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October 16, 2016, 12:56:49 PM
 #1008

If you are mining coins that are not well known, but they are being traded on an exchange, I would recommend selling some of it because a lot of altcoins don't survive. If you get stuck with altcoins that no exchange is trading, then you can't sell them anymore.

 
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October 20, 2016, 01:02:43 PM
 #1009

Better save it and hold it for the mean time rather than sell it without making a profit from it. Just wait until the price go up and when that time come you can now sell your bitcoin and make good money out of it.

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October 21, 2016, 12:38:45 PM
 #1010

Better save it and hold it for the mean time rather than sell it without making a profit from it. Just wait until the price go up and when that time come you can now sell your bitcoin and make good money out of it.

For me, it depends for the coin. If the coin has the potential to go up, then I will wait for a time and sell it at profitable price. Miners are always dumping their coins as what I observed that's why they  pull down coins prices. When the coins stabilizes, its a good way to know the real price of the said coin, and you can make your calculations whether to hold or sell.

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October 21, 2016, 02:27:14 PM
 #1011

I do not see it is a good idea to hold altcoins in the long run, I have not see altcoin that succeed in the long run like what happen with bitcoin. Only bitcoin so far is good for long term investment while others are only for short term.
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October 21, 2016, 03:24:05 PM
 #1012

Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.
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October 21, 2016, 03:51:54 PM
 #1013

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?

I would personally save all of the coins you can as long as you can afford the expenses that come with mining. It all comes down to risk management though and how much you are willing to lose. That isn't really a question anyone can answer for you without knowing more about your financial situation.

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October 21, 2016, 04:41:10 PM
 #1014

Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.

I think its better to buy them and save them till the end of the year and if that point price reaches to your desired level then you can sell them and if not then you can hold them even longer.
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October 22, 2016, 03:51:00 PM
 #1015

Ming coins is good but I would than hold it for a longer time and than sell it on a time because most likely that will be more profitable.
It does not have to be long terms but just a bit longer than normal due to the big market that is going up and down.

I think its better to buy them and save them till the end of the year and if that point price reaches to your desired level then you can sell them and if not then you can hold them even longer.

If you think the bitcoin price will rise in the next few years or even decades, it is better not to sell them so soon.
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November 09, 2016, 03:04:45 PM
 #1016

You can now sell your coins. The price get higher for this week. And I do believe it would continue to rise. If I were you, I will use partial of it to make profits and the rest for back up. We don't know what will happen in the future so if you think you can make a profit now then go.

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Supercrypt
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November 09, 2016, 03:18:15 PM
 #1017

You can now sell your coins. The price get higher for this week. And I do believe it would continue to rise. If I were you, I will use partial of it to make profits and the rest for back up. We don't know what will happen in the future so if you think you can make a profit now then go.
How this could be a good price for those who are targeting $1000+ price levels. I believe most of the miners are only selling their mining reward bitcoins which are enough for continuing their mining process. Definitely they would have save the rest of the reward bitcoins for profit making by saving them. The plan of partial, must be in action with almost every miner already.
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November 09, 2016, 03:31:37 PM
 #1018

I sold some of my coins this week because the price is relatively high. I'll probably use that very same money to buy bitcoins again once the price gets lower. The rest of my coins will just be sitting in my wallet. December is almost there so I think the price would be increasing even more. Also, Donald Trump won the election and I'm watching out if he can somehow cause some significant movements in the price of bitcoins.

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November 09, 2016, 03:56:42 PM
 #1019

you mean bitcoin or altcoin? if it bitcoin, it's better to sell directly during the calculation is still profitable.
if altcoin, there is some great potential which can be increased up to 500%, so selling or save both very good, as long as you know that the coin has a good vision of the future.

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November 10, 2016, 03:19:20 AM
 #1020

You can save the coins and half of it to sell to earn profit. Seems bitcoin
right now is currently increasing though. If altcoin you're talking about
you can hold it since bitcoin is increasing and sold it if price increased.
Much better to save some coins we could not tell it will pump up high
the next.
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