Watjila
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June 21, 2017, 08:23:56 AM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
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7daystodie
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June 21, 2017, 08:36:47 AM |
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Better of course, at least a small part of the future, or even better to invest to get more profit, but you need to be careful not to get into a scam.
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kpcian
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June 21, 2017, 10:04:32 AM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold. From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved. Mining coin also can be considered as an investment so coin should be kept for the better output...
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miakama
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June 21, 2017, 05:51:35 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold. From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved. Mining coin also can be considered as an investment so coin should be kept for the better output... That is what I am doing. I save most and spend some.
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flower1024
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June 21, 2017, 06:48:22 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold. From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved. Mining coin also can be considered as an investment so coin should be kept for the better output... That is what I am doing. I save most and spend some. The miners are saving coins for a future purpose that is why the demand is increasing in the market, and the price is increasing. If they sell and make money, then we can not see this much increase in bitcoin price. I am not minor but let me try these many people said it is more profitable. But I need big capital that I don't have. Let's see when I will create my first rig and start to save bitcoins.
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GreenBits
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June 21, 2017, 07:24:25 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold. From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved. Mining coin also can be considered as an investment so coin should be kept for the better output... That is what I am doing. I save most and spend some. The miners are saving coins for a future purpose that is why the demand is increasing in the market, and the price is increasing. If they sell and make money, then we can not see this much increase in bitcoin price. I am not minor but let me try these many people said it is more profitable. But I need big capital that I don't have. Let's see when I will create my first rig and start to save bitcoins. Slightly off topic, I remember reading an article somewhere saying shady types were paying a small premium on 'virgin' coins, that is, coins that have not been moved extensively since they were mined, sold on paper wallets. I assume this would be one of the ways to remain truly anon, it seems a little over the top to me. Is anyone aware if this is still a thing? This might be some Reddit bullshitery, but I feel like I came across this on one of the bitcoin news sites.
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Himanshu111
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June 21, 2017, 08:45:06 PM |
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I think you should save as much as you can and hold your savings for a long time so that your savings can grow alongside Bitcoin and you can earn the maximum out of your investment. Selling now will only be reducing your profits.
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HaXX0R1337
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June 21, 2017, 11:37:03 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
There is risks involved when it comes to mining bitcoin,the initial cost to fund for a farm is really huge,and that being said if you could manage to bear that investment then you are good to go,if not you have to sell the coins to cover the initial costs and then i would save my coins for the future,either way i will be actively trading with the coins and will do according to the market sentiments.
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Alubert
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June 22, 2017, 07:54:45 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few.
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batang_bitcoin
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June 22, 2017, 08:21:20 PM |
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The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few.
Bitcoin mining's profitability is still there but the difficulty has increased. Saving and selling it is a normal cycle in the crypto world and in bitcoin, you won't get profit if you are not going to sell. Personally, I just want to save my bitcoin for years and after seeing the price increase I will going to sell it for my needs and dreams.
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Rent this sig space so that BTC goes to $100k.
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E-shipper
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June 22, 2017, 10:12:21 PM |
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Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade. It might be better if mining results from bitcoin are kept as a form of investment.
The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few. You first need to decide how to deal with the crypto currency and if there is a desire not to sell but the bed is your crypto currency which has prospects.
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Vikingr
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June 22, 2017, 11:14:11 PM |
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After dropping 50% of your balance if the price is still dropping or starting to drop, then you can sell the other half. If the price is still rising, you can wait or sell again or split the remainder in half again.
By selling half, you have sold at X price and made some money. If the price bottoms out in seconds, you still got some money out before the fall. If the price is shooting through the sky, then you sold half at a low rate, but have the other half for the continued rise. If you are desperate for money, then you liquidated half an investment versus an entire investment. Both option of saving and selling of mining coins are ok, depends upon condition of miner. You are right that it will depend on his needs if he will need money then he will have to sell them or use them for his needs and if he do not need them then he do not need to spend them as the price of it will increase. If he is mining altcoins then he have to convert them to bitcoin as it is more secure.
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ladydark
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June 29, 2017, 07:25:44 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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits.
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Eternu
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June 29, 2017, 07:36:05 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?
Well i guess you are mining some altcoin? In that case i guess it is always better to keep, than to sell. Because from what we know, prices has always gone up till now. So in long terms that coins will be worth even more in future than in present. I know many cases where people had saved their coins, and they did not regret it afterwards. If you do not need money right now, than save it.
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marseille
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June 29, 2017, 07:37:02 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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits. That's right bitcoin holds the great future ahead and it has started to gain popularity across the globe and in future when new users will join the community it will take the price of bitcoin to very high level so the best thing at a moment is to save them for future to gain higher profits when price will go higher in coming years.
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bajing
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June 29, 2017, 08:58:09 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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits. That's right bitcoin holds the great future ahead and it has started to gain popularity across the globe and in future when new users will join the community it will take the price of bitcoin to very high level so the best thing at a moment is to save them for future to gain higher profits when price will go higher in coming years. But if we get bitcoins from mining, there is a cost that we have to covered then we have to sell it no matter the price is down or up because there is no reason not to sell it. unless you are sure in the future the prices will higher than the current price and you've more funds to cover mining costs.
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denny27
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June 29, 2017, 09:17:18 AM |
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I think for now better saving it first, for the time being wait for coins prices will looking up again. And now it seems to have started to look up again. The right choice is very influential on profit.
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mace15
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June 29, 2017, 09:36:50 AM |
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I think for now better saving it first, for the time being wait for coins prices will looking up again. And now it seems to have started to look up again. The right choice is very influential on profit.
Yes its better to save coins for now. As I also beleive that price will increase, so Im saving coins for the future. Hold, save and earn coins as it will suits you and you can earn profit here.
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Sled
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June 29, 2017, 10:13:55 AM |
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I think for now better saving it first, for the time being wait for coins prices will looking up again. And now it seems to have started to look up again. The right choice is very influential on profit.
Yes its better to save coins for now. As I also beleive that price will increase, so Im saving coins for the future. Hold, save and earn coins as it will suits you and you can earn profit here. I also believed that mining is a good project to have and to also get the chance to get a lot of coins and it will not cost anything aside from the mining rig and after that we were gonna get our coins for free and because of that, we should hold it for long term and just sell some coins for expenses and do not sell all of it because if we will sell all then it is not a wise choice and it get rids the opportunity to earn a lot of money in the future because we sold it instead of just holding it for long term.
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Eternu
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June 29, 2017, 02:54:20 PM |
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I think for now better saving it first, for the time being wait for coins prices will looking up again. And now it seems to have started to look up again. The right choice is very influential on profit.
Yes its better to save coins for now. As I also beleive that price will increase, so Im saving coins for the future. Hold, save and earn coins as it will suits you and you can earn profit here. I also believed that mining is a good project to have and to also get the chance to get a lot of coins and it will not cost anything aside from the mining rig and after that we were gonna get our coins for free and because of that, we should hold it for long term and just sell some coins for expenses and do not sell all of it because if we will sell all then it is not a wise choice and it get rids the opportunity to earn a lot of money in the future because we sold it instead of just holding it for long term. You are not getting those coins for free, those that you mine. First of all you need to pay for Rig, and second you need to pay for electricity that, that rig is eating. In most cases you burn more electricity than you mine bitcoins, so you deal with negative income. But sometime it is better to save even if you failed in calculation, because that bitcoins that you mined will be worth more in future, and in that moment you will have possitive earning.
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