n0ne
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November 24, 2016, 12:08:44 PM |
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Whether its a small scale miner or large scale miner, other than for daily needs or emergency needs its better to save to get a good profit. The reason is that the price never expected to move down than going towards the rise.
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J Gambler
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November 24, 2016, 01:12:51 PM |
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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?
What kind of coins you are going to mine? The main reason why you are going to mine is to have coins then wait for the price high before you gonna sell it hold it and you will be if you are mining dailly it needs to save that and then sell it.
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Text
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November 24, 2016, 01:39:58 PM |
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For me, multi-tasking is better. You can sell some of them and at the same time save the rest. You can sell your coins now if you have already stored or saved it for a long time, you can have enough profit. Saving is profitable too because the price of bitcoin still getting higher.
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Zadicar
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November 24, 2016, 01:49:46 PM |
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On managing altcoin, when i do mine some of those altcoins i do save for future and some i do make trading and roll it over so that it would grow. Before you intend to mine altcoins be sure to select the most potential coins now in the market so that your efforts would not come to waste when the time comes. Doing both saving and selling will surely give you profits on both ways.
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gufpmvgw3334
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November 24, 2016, 02:27:15 PM |
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bitcoin price has kind of flat lined recently,so to make some kind of substantial profit you would need to hold it for a little while till the price goes up or invest in alt coins if you are looking for early profits.
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Fredomago
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November 24, 2016, 02:29:25 PM |
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Whether its a small scale miner or large scale miner, other than for daily needs or emergency needs its better to save to get a good profit. The reason is that the price never expected to move down than going towards the rise.
that's right keeping it will make you earn much bigger in the long run as we knew price will keep on moving up the more time you give for it to hold the more chances that you will see more progress and value with its current price just keep in mind that its an investment for long term.
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Wandering Soul~
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Wolf
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November 24, 2016, 02:52:16 PM |
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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?
Assuming that you are referring to bitcoins, It is better to sell and at the same time to save some also . Bitcoins price is very volatile so the longer you keep it the greater your profits will be but I know miners need to pay electrical bills and you mine coins to earn some extra cash so it is inevitable to not spend your bitcoins . So it's better to do both at the same time .
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chesatochi
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November 24, 2016, 03:16:20 PM |
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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?
Assuming that you are referring to bitcoins, It is better to sell and at the same time to save some also . Bitcoins price is very volatile so the longer you keep it the greater your profits will be but I know miners need to pay electrical bills and you mine coins to earn some extra cash so it is inevitable to not spend your bitcoins . So it's better to do both at the same time . I think you can keep the vast majority into your wallet and hold them until the value is so good that you can make a nice profit from it. Otherwise, try to sell a portion that covers for your hardware and electricity cost. I think if you put the numbers into a spreadsheet, you could visualize what is the best options for you.
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marcuslong
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November 24, 2016, 03:24:04 PM |
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Mining is really good to save coins but if you are going to sell everything you've got in mining then try to hold atleast 20% of your coins this is realy good when the price is right then sell them but if you don't need money and you're not in rush then try holding them as long as you can.
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clickerz
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November 24, 2016, 03:46:16 PM |
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Whether its a small scale miner or large scale miner, other than for daily needs or emergency needs its better to save to get a good profit. The reason is that the price never expected to move down than going towards the rise.
it depends also on the currency you are mining. If it is a strong currency and would take long since there are many supporters, I sold 50% and let the another half on hold. But if its a coins with having a weak support and mostly survied on pump and dump. I sold it all without regrets. When it is performing well, then I start to buy again and trade.
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Jaxelrell
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November 24, 2016, 06:36:12 PM |
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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. I agree the fact is also that you than instantly make profit and you cannot lose money anymore by than, I think it would be the best way to make money right now if you are mining, the prices are good.
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stadus
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November 25, 2016, 04:59:24 AM |
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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. I agree the fact is also that you than instantly make profit and you cannot lose money anymore by than, I think it would be the best way to make money right now if you are mining, the prices are good. One should know his needs and it will be the basis of his decision, now if you are mining and you have mined great number of bitcoins, you do not need to sell them all if you can still continue your life selling only a portion of it. The future is really great for bitcoin as you can see the price has a good movement and we will be benefit more the more we hold it.
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Dudeperfect
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November 25, 2016, 05:18:08 AM |
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Whether its a small scale miner or large scale miner, other than for daily needs or emergency needs its better to save to get a good profit. The reason is that the price never expected to move down than going towards the rise.
Well said, savings is not an option in fact it’s a must to do thing even if one is earning lots of bitcoins. Saving not always means keeping bitcoins in cold storage, one can save by investing in lowest risk options but still in every condition there will be the fear of losing coins. I think one must keep bitcoins if he has faith in this technology and future otherwise it’s mere a gamble for him.
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CraigWrightBTC
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November 25, 2016, 05:28:24 AM |
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If we are mining bitcoin save the coins become good choice because old miners save the coins then price going up, but if we are mining altcoins more good exchange them to bitcoins and always hold it (bitcoin) we just sell for pay electric cost and internet.
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Jiamaf
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November 26, 2016, 12:06:22 PM |
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If we are mining bitcoin save the coins become good choice because old miners save the coins then price going up, but if we are mining altcoins more good exchange them to bitcoins and always hold it (bitcoin) we just sell for pay electric cost and internet.
If you have other sources of income, and the cost of mining is small part of the income, it is better to save it.
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sobsitesearch
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November 26, 2016, 02:23:52 PM |
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If we are mining bitcoin save the coins become good choice because old miners save the coins then price going up, but if we are mining altcoins more good exchange them to bitcoins and always hold it (bitcoin) we just sell for pay electric cost and internet.
If you have other sources of income, and the cost of mining is small part of the income, it is better to save it. I think for now much better to save all the bitcoin from mining because time to time the bitcoin price was increasing and i think before this year end it will gives us much higher price and that time will be the right time to sell our bitcoin.
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luthermanhole
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November 27, 2016, 04:22:35 AM |
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I mean I would say save them since btc price go up in a few weeks my doodie
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Vhern
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November 27, 2016, 04:30:33 AM |
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We are just in the second halving and the price are already on $700+
After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?
I believe that nowadays miners are holding a giant amount to sell in a long future or use it to buy stuff since until there will be more places that accept the coin.
Today miners will be "kings" tomorrow, thinkg about that.
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Caladonian
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November 27, 2016, 04:33:56 AM |
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We are just in the second halving and the price are already on $700+
After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?
I believe that nowadays miners are holding a giant amount to sell in a long future or use it to buy stuff since until there will be more places that accept the coin.
Today miners will be "kings" tomorrow, thinkg about that.
I also think about that as they already knew what future will come for them in terms of holding their coins for sure if they keep it and hold for some more years time already showed how bitcoin value become with just 4 years more or less.
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STT
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November 27, 2016, 04:38:59 AM |
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After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?
Its not just about supply, there is competetion for the available demand on this kind of product. It is possible bitcoin leaks some market share to similar products, even the banks ideas of modern currency solutions could take off though they seem quite restrained in their scope for now. Bitcoin doesnt have to go up, I imagine it does so long as it continues to evolve because this is the true nature of techonology. Early ideas arent always around to cross the finish line as they lose too of their lead along the path. Saving coins till you find a suitable purchase is reasonable then you are taking part in several parts of the economy and hopefully something from each process
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