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Author Topic: Mining coins save or sell it?  (Read 106756 times)
miakama
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May 30, 2017, 05:27:54 PM
 #1261

Save your mined coins for long term and do not sell it now because the price of the coins are increasing and there is a higher chance that it will continue for this year. It is good if you just mine, save and observe the growth until next year and you can make your decision right away.

I think so. The mined coins such as bitcoin, ETH, ZEC and XMR all have risen a lot.
Himanshu111
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May 30, 2017, 05:44:06 PM
 #1262

Saving for some years is a very good investment option as Bitcoin is showing amazing progress and its price is touching the sky already. Some years and you will receive unthinkable results.
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May 30, 2017, 06:22:09 PM
 #1263

I love the same coin coins I've got so far and I'll hold it until the price rises high, when it's high price I'll sell only half of it alone.
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May 30, 2017, 07:24:38 PM
 #1264

It depends on your personal situation.

If I were to put a significant investment into mining, I wouldn't have the money anymore to be able to consistently save Bitcoin for a long time.

The closest I could get is just converting enough into fiat to cover my electricity costs and, if applicable, loan repayments - I would save anything that I was capable of.
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May 30, 2017, 08:59:38 PM
 #1265

Saving money would be a better option as prices of Bitcoin will surely go high really soon so save as much as you can.
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May 30, 2017, 09:10:29 PM
 #1266

Saving for some years is a very good investment option as Bitcoin is showing amazing progress and its price is touching the sky already. Some years and you will receive unthinkable results.

It has been proved all the time that if you want to earn some good money in the future, then go choose to save it today. You don't have to hesitate and sell it immediately, you only need to wait for the right time and sell it with the proper price or expected price that you are targeting. I had learned from it don't target too much.



 

 

 

 

 

 


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Himanshu111
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May 30, 2017, 09:34:06 PM
 #1267

Usd is better because it's acceptance is way greater than that of Bitcoin. The government controls it's circulation so it will surely be way more stable.
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May 30, 2017, 11:29:40 PM
 #1268

Usd is better because it's acceptance is way greater than that of Bitcoin. The government controls it's circulation so it will surely be way more stable.
If you say and if you mean that usd is better then why are you here? Bitcoin and other cryptocurrencies is the next type of money because it is more like futuristic for being digital and i believe on them. Let say that you are right but USD is just a pure manipulation of the government while the cryptocurrencies are decentralized and cannot be controlled so it means freedom, even usd is more stable than bitcoin, it will still take over it in the future because of the adoption that is very possible.
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May 31, 2017, 03:19:30 AM
 #1269

Advanced money is little by small getting more prominent too reception is likewise expanding continuously. Hence I think sparing the mined coins would give great procuring later on than offering at this moment. At a similar it has a major danger of choosing the correct coin and mine, else everything turns out badly.
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May 31, 2017, 09:08:19 AM
 #1270

Usd is better because it's acceptance is way greater than that of Bitcoin. The government controls it's circulation so it will surely be way more stable.
If you say and if you mean that usd is better then why are you here? Bitcoin and other cryptocurrencies is the next type of money because it is more like futuristic for being digital and i believe on them. Let say that you are right but USD is just a pure manipulation of the government while the cryptocurrencies are decentralized and cannot be controlled so it means freedom, even usd is more stable than bitcoin, it will still take over it in the future because of the adoption that is very possible.
Technology can develop over time.

Crypto is extremely young and it's in an innovator phase.  Being interested in the technology doesn't mean you have to ignore your flaws.

The important thing is that Bitcoin has the capacity to develop far beyond what it is now.
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May 31, 2017, 09:09:41 AM
 #1271

Just compound that mined coins and do not sell it because you can do compounding by investing it or trading it on the exchange that can grow if you know how to trade instead of selling and cutting the possibilities.

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Teraboy
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May 31, 2017, 12:16:21 PM
 #1272

Save your mined coins for long term and do not sell it now because the price of the coins are increasing and there is a higher chance that it will continue for this year. It is good if you just mine, save and observe the growth until next year and you can make your decision right away.

I think so. The mined coins such as bitcoin, ETH, ZEC and XMR all have risen a lot.
Bitcoin has limited supply and it can be a good reason for you to keep your bitcoin, if you are able to mining another coin and sell them to get your profit. and it will be better in my mind. bitcoin as the mother of crypto is really promising right now.
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June 10, 2017, 12:29:24 AM
 #1273

I think all you have to do is save the coins for the future, because there could be a change in the price of the coin coin, because no one can predict the future of the coin it would be nice to keep the coins for the future can be very profitable in the future , Or invest the coin for other benefits
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June 10, 2017, 03:25:44 AM
 #1274

Miners have to sell coins to cover costs, apart from that one guy who figured how to hash using a pencil and some paper :p   Small scale operations would too easily forget revenue is not profit I guess.    Even now I would aim to sell most, speculating only in small amounts here and there with timing to fit market and favouring the exact protocol I thought might do best.   

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June 10, 2017, 03:39:29 AM
 #1275

The coin mining is good and I will hold it for longer than sell it at a time because it is likely that the price of the coin will be increased and certainly more profitable. It does not have to be long term but just hold it a little longer than usual because big market usually have pump and dump quickly.
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June 10, 2017, 05:28:45 AM
 #1276

The coin mining is good and I will hold it for longer than sell it at a time because it is likely that the price of the coin will be increased and certainly more profitable. It does not have to be long term but just hold it a little longer than usual because big market usually have pump and dump quickly.


I think it's a good idea if you try to hold it for a while until it reaches desired price and of course this will give you a good profit. And let mining machine work according to function while management is on you, of course this is a good Management.
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June 10, 2017, 05:46:53 AM
 #1277

You can save half of the amount and withdraw half of it to recover your miners from any maintenance. Or you may wanna buy more miners from that money. This will increase your output and don't forget your coins which are cold storage will also have increased by the time you have more miners. This addition reaction will increase your profits or income in strategic way.

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June 10, 2017, 05:54:23 AM
 #1278

Depending on the coin you are mining then.If you see a good opportunity on your coin then you can save it for future but if not then sell it.One strategy is to sell the half then save the remaining it will be good specially for small miners

 
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June 10, 2017, 06:16:15 AM
 #1279

Depending on the coin you are mining then.If you see a good opportunity on your coin then you can save it for future but if not then sell it.One strategy is to sell the half then save the remaining it will be good specially for small miners

Most of the alt coins that are being mined today are zCash, Monero and ETH.

All of these coins are good for selling and saving it as all of them are good for holding in the longer term.

And once you saw a big amount of volume of transactions for these coins, just sell it and even 5% is a big matter.

Farcoin12
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June 10, 2017, 06:17:14 AM
 #1280

I am pretty sure that most miners just save their Bitcoins. It is probably the best idea as you will get more money as time goes by and the price of Bitcoin rises.

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