Mining coins save or sell it?

[cyclotronmajesty]

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.

Yeah buying, earning and saving for future is the right thing to do as mining is now not profitable as it requires capital to invest in mining equipment so I will try to get many coins as possible and save it for future as everyone is hoping to see higher price in coming months.

[Silberman]

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.

This is why a lot of money is needed to run mining operations, not only you need to have lots of capital for the mining hardware and to cover the costs of electricity, you need to have enough money to sustain operations in the case the price of bitcoin goes down dramatically that way when the price recovers or goes up they can sell for a profits and not for a loss.

[Sled]

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.

Yeah buying, earning and saving for future is the right thing to do as mining is now not profitable as it requires capital to invest in mining equipment so I will try to get many coins as possible and save it for future as everyone is hoping to see higher price in coming months.

Even though what we are doing, even we are mining, trading or just investing we should save some coins for long term because they are good for long term because of their good projects and developments that can develop their price into a higher and that is the day when we will do profit taking and just enjoying the profits and result of having patience for holding for long term.

[boyptc]

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.

It's always a good thing if you are going to save first. But if you are in a very dire situation and you don't have any choice but to sell, go for it. Don't ever regret that you are going to sell if the purpose needs immediate resolution it's fine to sell.

[Idrisu]

I will advise you to hold if you have others source of income for your daily up keeping and cost of maintaining your mining farm. Crypto currencies is still at the infancy stage and you need to save coins as must as possible in other to be among the rich in future.

[truongdhnh]

Save when you see no need to spend immediately. Sell it when you feel the price is high or reasonable compared to the cost of extraction.

[v0rtecxz]

I think for now you better keep it, and I think mining will only pose a risk to you, but it depends on your decision again where you want to decide to mine or save it, I think to mine need a trusted place for the mining itself It is not impossible that a scam will occur in the mine, so you have to be careful in taking a decision, to secure it better save as a savings or hold some bitcoin and then you sell when the price is increasing

[Andrew1337]

Well in my personal opinion , depends what are you mining . For example if you were mining ethereum 8 months ago when the price was under 10 bucks yeah it worth to keep the coins and to pay just power electricity
I kept and i am stiil keeping my mined bitcoins , one day they will be better than gold , diamond , rubin and other valued stones
So in my opinion keep all coins that you mined , eventually just cash out just for power electricity

Happy mining bro

[hardtime]

Yet again it's going to be something that is stuck on the situation that you're in, if you're using these as a fun thing to just screw around with and you're not relying on the money from it you should be fine to just save the coins and to just hope for some of the coins to go up in value, as that would just be all in good fun for someone like that who doesn't seem to care at all. Though if you, or your family invested the money to buy this rig and you're hoping for some returns on this then you should be going ahead and selling the coins as you're going to be getting a good amount of profit from it on a time basis. It really depends on your circumstances here, figure that out and you should be solid!

[Sled]

Save when you see no need to spend immediately. Sell it when you feel the price is high or reasonable compared to the cost of extraction.

Yes do not sell when you don't need it and just spend it when it is really necessary, selling bitcoin for a high price or profit taking is a reasonable action because it means that you are securing your profits but if you really want to make more money then just save it for long term and do not sell it for a short gains and always aim higher than what you expect, as long as those coins are really worth it to hold.

[Duzter]

Save when you see no need to spend immediately. Sell it when you feel the price is high or reasonable compared to the cost of extraction.

By the falling years the mining will be difficult, so better is to hold what you've mined until there is no need to spend your mined coins for your regular requirement. The price increase happens with bitcoin periodically, so there is no need of a panic and selling just hold whatever is available.

[abayan]

Save when you see no need to spend immediately. Sell it when you feel the price is high or reasonable compared to the cost of extraction.

Yep youre right mate save your coins as much as it grows and sell it if you need or when the price is at you think in its ATH price . Altcoin mining is only profitable if you got the right timing when to sell it .

[HyperLup]

it depends on you Need or not now. My goal is hold it for future investment

[sobsitesearch]

it depends on you Need or not now. My goal is hold it for future investment

Agree all of that is depend on the needs of the users, we mine or earn bitcoin because we have goals need to achieved and by getting money here in bitcoin i think it is good if you have savings and you have percentage for spending. We need to balance it to make us seccessful in the future.

[Maskedman]

I am personally a miner, and I keep all I mine. I just sell from times to times what I need to pay for the electricity but that's all. Time said me I was right and with my predictions in the crypto-currency market, I will be right another time.

[ubitcoin]

I am personally a miner, and I keep all I mine. I just sell from times to times what I need to pay for the electricity but that's all. Time said me I was right and with my predictions in the crypto-currency market, I will be right another time.

Yes you are saving for a future consumption's that will help you in a future. Paying some bills you will need a little amount of bitcoins. That's why on the other side you are saving because you are the believer that it will reach to $10000 soon then i will easily do anything in a future with bitcoins. Because bitcoin makes thing easy.

[Silberman]

I will advise you to hold if you have others source of income for your daily up keeping and cost of maintaining your mining farm. Crypto currencies is still at the infancy stage and you need to save coins as must as possible in other to be among the rich in future.

This is the biggest reason to hold to your bitcoin for as long as you can, bitcoin and most cryptocurrencies are bound to get a lot more interest in them in the next decade by the general public and once we see a great deal of persons holding bitcoin then you can be sure the price is going to be ten times what it is now or perhaps the price will be even bigger than that.

[stadus]

I will advise you to hold if you have others source of income for your daily up keeping and cost of maintaining your mining farm. Crypto currencies is still at the infancy stage and you need to save coins as must as possible in other to be among the rich in future.

This is the biggest reason to hold to your bitcoin for as long as you can, bitcoin and most cryptocurrencies are bound to get a lot more interest in them in the next decade by the general public and once we see a great deal of persons holding bitcoin then you can be sure the price is going to be ten times what it is now or perhaps the price will be even bigger than that.

It is highly recommended to hold your mine coins because the future is bright not only for bitcoin alone but also for the crypto currencies.
I am not surprise it is happening now and I can see more and more people are entering in the crypto market which will only make it more stronger.

[HasHe]

If you are going to mine bitcoins,then just holding it for some time would be a right decision instead of selling it as we could steady increase in its price.You could sell it some time after segwit is activated since price is expected to cross atleast $3000 for sure.

[Jako0203]

you should sell it and convert into bitcoin , then the converted bitcoin from you old coins , you will save it , and mine for more coins , like ether , ripple or other high value coins , sorry ripple does not belong haha , then convert them into btc , then save the btc , and wait till the value of btc goes higher and higher , then afterwards you sell them , the easiest way to earn more money