|
Xester
|
 |
November 15, 2016, 08:29:41 AM |
|
When you always keep the mined altcoins, you will die one day as the guy with the most altcoins in his wallet.
You are right, alt coins get depreciated over time whereas bitcoin gains its value if the miner hold for long haul. I say if you can sell them, sell them!
Nobody knows if they will rise or fall in price. But you know the point when you make profit.
But there are few altcoins like litecoins and dogecoins which are stable for years regardless of what the value bitcoin is having. Mining those coins and holding them will definitely fetch higher networth over the time. Just select what you think is going to be big in the future, there's no challenge in bitcoin as it is already progressive and we can predict the price will increase but unlike in the its early stage that it turns out to be a valuable asset. If you believe in some alts, just participate in the ICO, they have a good price. Collect and sellect of the best coin that you think will rock the market many years from now. Mining and saving is the best thing to do. who know's, if the coins you are mining and saving will also reach what bitcoins have reach now. there's a lot of coins now and you can choose whatever is the best. just observe if what is the best coin to dump or hold. i am collecting dogecoins and believe that i can sell it anytime.  |
|
|
|
|
|
Caladonian
|
|
November 15, 2016, 10:08:50 AM |
|
When you always keep the mined altcoins, you will die one day as the guy with the most altcoins in his wallet.
You are right, alt coins get depreciated over time whereas bitcoin gains its value if the miner hold for long haul. I say if you can sell them, sell them!
Nobody knows if they will rise or fall in price. But you know the point when you make profit.
But there are few altcoins like litecoins and dogecoins which are stable for years regardless of what the value bitcoin is having. Mining those coins and holding them will definitely fetch higher networth over the time. Just select what you think is going to be big in the future, there's no challenge in bitcoin as it is already progressive and we can predict the price will increase but unlike in the its early stage that it turns out to be a valuable asset. If you believe in some alts, just participate in the ICO, they have a good price. Collect and sellect of the best coin that you think will rock the market many years from now. Mining and saving is the best thing to do. who know's, if the coins you are mining and saving will also reach what bitcoins have reach now. there's a lot of coins now and you can choose whatever is the best. just observe if what is the best coin to dump or hold. i am collecting dogecoins and believe that i can sell it anytime. well yes just focus with the coin that you think will get much better attention in the long run as there's so many coins that has been created lately and competition really hurting its value better to keep checking ann page to make sure you are holding the good ones. |
|
|
|
|
|
choppork
|
|
November 15, 2016, 12:42:36 PM |
|
When you always keep the mined altcoins, you will die one day as the guy with the most altcoins in his wallet.
It's definitely okay if you did leave a note to you children or grandchildren about how to continue your journey. It will be considered as their heritage and the note would be like your last will. Actually nobody will know that you keep the most altcoins and then died. You're 100% anonymous unless you reveal yourself. That is what I observe too, altcoins is very far from the value of bitcoin right now. No one knows which of them will survive in the long term. If you know you can make a profit now either bitcoin or in other coins then go, if you don't, you will missed the opportunity that may not come back anymore.
Most of the altcoins will die just a few days after they were launched. There are some that stays alive for a month. You're lucky if the altcoin is still alive after a couple of months. All of these are true and it's inevitable. There is a limited number of altcoins that you should hold for a long time. That's why you should always keep an eye on the news about the altcoins you've invested, sell the majority of your coins at the best time possible, and then invest in a new altcoin. That's how the game of altcoins is played. |
|
|
|
|
CyberKuro
|
|
November 16, 2016, 07:24:09 PM |
|
Thanks for your response. Ive just realized maybe this is the
reasons why Im not earning big in holding an altcoins for too long.
Because as what you have said when bitcoin price increase, the
altcoins somehow decreased. Well this is right, Ive just observed it
too. When I already gain profit in coins I might sell it, and better
hold in bitcoin while the price is continuously increasing. Thanks to
all of you for letting me know.
Now you realize, we should prioritize bitcoins because investing to altcoins is more risky than btc. You will learn a lot here. I am not holding any altcoins but I have some on those sites but not in a wallet. But if you want to make profit from altcoins, one or two other coins is enough to monitor because you can't focus or handle it carefully if too many. If you don't mind, what kind of altcoins you've been holding? and how long? Bitcoin for sure is a good investment to hold, but some coins have it own advantages as we have some coins on top digital currencies world and have good price to trade for such as ethereum, litecoin, dash or peerplays. |
|
|
|
|
|
groll
|
|
November 20, 2016, 01:37:54 PM |
|
When you always keep the mined altcoins, you will die one day as the guy with the most altcoins in his wallet.
You are right, alt coins get depreciated over time whereas bitcoin gains its value if the miner hold for long haul. I say if you can sell them, sell them!
Nobody knows if they will rise or fall in price. But you know the point when you make profit.
But there are few altcoins like litecoins and dogecoins which are stable for years regardless of what the value bitcoin is having. Mining those coins and holding them will definitely fetch higher networth over the time. Just select what you think is going to be big in the future, there's no challenge in bitcoin as it is already progressive and we can predict the price will increase but unlike in the its early stage that it turns out to be a valuable asset. If you believe in some alts, just participate in the ICO, they have a good price. Collect and sellect of the best coin that you think will rock the market many years from now. Mining and saving is the best thing to do. who know's, if the coins you are mining and saving will also reach what bitcoins have reach now. there's a lot of coins now and you can choose whatever is the best. just observe if what is the best coin to dump or hold. i am collecting dogecoins and believe that i can sell it anytime. well yes just focus with the coin that you think will get much better attention in the long run as there's so many coins that has been created lately and competition really hurting its value better to keep checking ann page to make sure you are holding the good ones. I think its better not to focus on only one coin. Yes, bitcoins is a good kind of coin, but have you ever think of what if's? What if bitcoin crashed? Its better to collect many coins that you can think will increase its price someday. If you are going to collect coins, its better to check on the price graph of every coin you are collecting, keep your coins and wait for its price increase, or trade your coins into another kind of coins that can give you more profit. |
|
|
|
|
|
Doamader
|
|
November 20, 2016, 02:35:00 PM |
|
In the general i think its better to save them atleast for a while nothing above 6 monhts, unless you believe those coin will get more support or more interest into it, the most mined coins are almost dumped when a pump does happen, where they make good cash. Im saving my mined coins since i do believe the price will get better over time, bitcoin is growing making a huge pression into the others crypto.
|
|
|
|
|
miakama
Newbie
 Offline
Activity: 69
Merit: 0
|
|
November 21, 2016, 02:42:52 PM |
|
In the general i think its better to save them atleast for a while nothing above 6 monhts, unless you believe those coin will get more support or more interest into it, the most mined coins are almost dumped when a pump does happen, where they make good cash. Im saving my mined coins since i do believe the price will get better over time, bitcoin is growing making a huge pression into the others crypto.
It is right to save most of the coins. You can use some of the coins to pay for the electricity and miner cost. |
|
|
|
|
|
JariKriting
|
|
November 21, 2016, 05:05:42 PM |
|
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 the good, good price and coin pow and pos, you can save in wallet and stake coin is very good choise so can much profit, but not hood coin after receiver from mining direct sell to exchanger site |
|
|
|
sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
|
|
November 21, 2016, 07:10:39 PM |
|
If you have enough money for your daily needs, then in my opinion you must keep most of them. But if you need, mining nowadays is a very expensive process, spend everything is necessary for your investment so as to continue to be profitable
|
|
|
|
|
|
Greenenergy
|
|
November 21, 2016, 07:16:32 PM |
|
If you don't need to pay bills or buy some things, I'll tell you, just keep as much as you can !
|
|
|
|
|
|
Yuuto
|
|
November 22, 2016, 05:41:20 AM |
|
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?
It really depends on what your intentions are - whether you are a long term bagholder or you just want to sell it for cash and buy stuff for yourself. It's like an investment in bitcoin. Whether you want to buy bitcoin to buy online items or to buy bitcoin to invest - it's up to you. Right now though, I think it is a good idea to hold. Just my personal opinion. |
|
|
|
|
freedomgo
Legendary
Offline
Activity: 3150
Merit: 1148
|
|
November 22, 2016, 06:32:15 AM |
|
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?
It really depends on what your intentions are - whether you are a long term bagholder or you just want to sell it for cash and buy stuff for yourself. It's like an investment in bitcoin. Whether you want to buy bitcoin to buy online items or to buy bitcoin to invest - it's up to you. Right now though, I think it is a good idea to hold. Just my personal opinion. You can always sell what you need to sell because you have expenses but if possible hold you coins in the future, it give more value the longer you hold. |
|
|
|
|
Harry Callahan
|
|
November 22, 2016, 06:38:24 AM |
|
If you don't need to pay bills or buy some things, I'll tell you, just keep as much as you can !
it all depends upon what all coins you are mining since there are plenty of dump coins you could mine and get out when the prices increases so i do not think that it is advisable to hold for a long time,if you are mining bitcoin then you could hold for a long time but i do not believe the rest of the clone coins |
|
|
|
|
|
Wintersoldier
|
|
November 22, 2016, 01:51:21 PM |
|
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?
It is better to save it. Yet, do not let the value of your coin goes down. If you think that the highest rate of a coin was reached, then sell it or trade it. |
|
|
|
|
Watjila
Newbie
Offline
Activity: 58
Merit: 0
|
|
November 23, 2016, 06:04:15 PM |
|
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?
It is better to save it. Yet, do not let the value of your coin goes down. If you think that the highest rate of a coin was reached, then sell it or trade it. If you have to pay for the miner and the electricity. Then you can use some mined coins to pay for that and save the rest. |
|
|
|
|
|
Mark02
|
|
November 23, 2016, 09:19:07 PM |
|
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?
It is better to save it. Yet, do not let the value of your coin goes down. If you think that the highest rate of a coin was reached, then sell it or trade it. If you have to pay for the miner and the electricity. Then you can use some mined coins to pay for that and save the rest. Well right now I think it is recommended to sell your mined bitcoin since the price of BTC/USD is high. So, it will have you pay your electricity bills and other expenses. I think this time you can have more profit and if I were a miner I would buy another mining rig since bitcoins price is high. |
|
|
|
|
|
mastica
|
|
November 23, 2016, 10:53:42 PM |
|
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?
It is better to save it. Yet, do not let the value of your coin goes down. If you think that the highest rate of a coin was reached, then sell it or trade it. If you have to pay for the miner and the electricity. Then you can use some mined coins to pay for that and save the rest. Well right now I think it is recommended to sell your mined bitcoin since the price of BTC/USD is high. So, it will have you pay your electricity bills and other expenses. I think this time you can have more profit and if I were a miner I would buy another mining rig since bitcoins price is high. Bitcoin mining isnt suitable for the most people at the moment, some people keeps mining looosing all months a bit, their hope is to bitcoin reach once again 1000 dollars and with that they should be able to profit. There is a lot hash already and the reward has been reduced as well the dififcult has increased and keeps going up. Others altcoins might be a good time to dump them, but each one does know the best moment to sell those altcoins at the best price they believe the coin will achieve. |
|
|
|
|
freedomgo
Legendary
Offline
Activity: 3150
Merit: 1148
|
|
November 24, 2016, 07:34:47 AM |
|
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?
It is better to save it. Yet, do not let the value of your coin goes down. If you think that the highest rate of a coin was reached, then sell it or trade it. If you have to pay for the miner and the electricity. Then you can use some mined coins to pay for that and save the rest. Well right now I think it is recommended to sell your mined bitcoin since the price of BTC/USD is high. So, it will have you pay your electricity bills and other expenses. I think this time you can have more profit and if I were a miner I would buy another mining rig since bitcoins price is high. Bitcoin mining isnt suitable for the most people at the moment, some people keeps mining looosing all months a bit, their hope is to bitcoin reach once again 1000 dollars and with that they should be able to profit. There is a lot hash already and the reward has been reduced as well the dififcult has increased and keeps going up. Others altcoins might be a good time to dump them, but each one does know the best moment to sell those altcoins at the best price they believe the coin will achieve. I agree, it's not profitable for small capitalist that's why if we can see, China is already taking over the mining business in bitcoin. |
|
|
|
vegito
Jr. Member
Offline
Activity: 35
Merit: 10
|
|
November 24, 2016, 07:48:28 AM |
|
I sold most of the altcoins I had mined, when it was possible to make some profit by mining it.
In the end most of the coins did not get to take off, so sell them was certainly the right thing to do.
|
Byteball.org ❱❱❱ IT JUST WORKS. ❱❱❱
Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC |
|
|
sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
|
|
November 24, 2016, 11:48:22 AM |
|
Assuming that I am a miner. If and only if I believe that bitcoin transactions will be increased rapidly next years, so I can not only cover my expenses but I have profit, I think that is better for a miner to earn from transaction fees than from mining new coins. As we read the commercial world in some well known cities with many tourists accepted the usage of bitcoins. https://cointelegraph.com/news/bitcoin-on-boulevard-25-shops-in-paris-ready-to-accept-bitcoin-for-payment |
|
|
|
|
|
