Mining coins save or sell it?

[darthmaul]

Results from mining we do, same as with sweat. Should be save and sold when value very expensive. Logically, one day coin will be exhausted mined. At that time, surely worth more than we imagined.

The speculated time for exhaustion of all the coin is 2134, I'm sure you not gonna wait for that much longer time. :-)

Well, it's always good spot store the coins if the value is not worth selling them and if the value is worth selling then just sell it but don't convert to fiat immediately. You can take the opportunity to buy even more potential coins from the market and wait and watch for its growth too. This could be worth and you can earn big margins by doing so. So you can mix up and creat new blending investment really to get more profits out of your mining.

[rickadone]

I am also thinking of starting mining altcoins and recently ordered an antminer d3, but it will took a few months to arrive. I have paid out plans on what would I do with the mined coins and the decision I made was that I will save all the coins and just sell the coins enough to pay the electricity bill of the house and save the remaining coins for future price increase, which will happen for sure. But the only thing I don't know right now is that after how many months the miner would stop working as the profitability solely depends on this factor, if miner dies in the first month then how come I would break even.

This is actually a good way since we may not really predict the future of some of these altcoins. So most times, what I do too is to convert most of it to bitcoin and keep a little bit of it just in case the altcoin amounts to something later on. However, the best way and safest is to just keep bitcoin on the reserve and spend some if you can.

[Stac]

Mining is a good way to earn more bitcoins all you need is a power generators and machines to mine which require electricity, if I get a chance to go for mining then I would definitely sell when the price rises and when I am in need, and will invest and start trading to increase the existing bitcoins and its profitability. The value of bitcoins increases over time and so will find alternative ways to increase my bitcoins either by bitcoin lending to trusted people which helps you to get good interest.

[chickenfried12]

Of course this is a risk whether you sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope you will not choose one of them

[arseaboy]

Of course this is a risk whether you sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope you will not choose one of them

another thing to consider before start mining alts better to understand the road map and the significance of certain project whether if there's a real
uses along the way, holding those that have a great future and adn a good back up dev will assure us to gain much bigger profits while holding our rewards
but the risk still there that we select project that will turned into scam and haven't got any value at the end.

[bozo333]

Of course this is a risk whether you sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope you will not choose one of them

another thing to consider before start mining alts better to understand the road map and the significance of certain project whether if there's a real
uses along the way, holding those that have a great future and adn a good back up dev will assure us to gain much bigger profits while holding our rewards
but the risk still there that we select project that will turned into scam and haven't got any value at the end.

Bitcoin is the better in the investing process and enabling the mining. It will give more profit mining is the best way to process the internet. Mining is the better the best way to get more income. Mining I save the bitcoin for the future investing process and I get more information to the mining. Mining is helping to future business processes

[kidsuzudn]

We noticed more miners converting to gold on vaultoro instead of fiat. They give bitcoin to another trader and that trader gives them allocated gold. They then trade that gold back for bitcoin when they need to pay bills. Interesting bank independent times. The idea that big miners will go broke if halving doesn't bring a price increase is a laughable misconception of the reality. it will however, possibly force the small miners to move their equipments to big farms and increase the centralization of mining, which is a serious problem.

[Tipsters]

Results from mining we do, same as with sweat. Should be save and sold when value very expensive. Logically, one day coin will be exhausted mined. At that time, surely worth more than we imagined.

Yes, saving the coin or token we've mined is surely a good thing to do since we earned them by just having a mining rig without doing anything. So yeah, sell it or save it doesn't matter as long as you can maintain the expenses for what your doing. And saving is one of most miners do since they trust the coins they mined so much where even if the price goes down they're still not selling it since they have trust on it to come back or pump once again. But if you needed the money urgent then selling would be a reasonable thing to do even if the price went down.

[owenja]

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?

The question is, how big are you ready to risk? If you look for a stable and guaranteed profit, no sense holding on to it for way too long

[ckorbba]

We noticed more miners converting to gold on vaultoro instead of fiat. They give bitcoin to another trader and that trader gives them allocated gold. They then trade that gold back for bitcoin when they need to pay bills. Interesting bank independent times. The idea that big miners will go broke if halving doesn't bring a price increase is a laughable misconception of the reality. it will however, possibly force the small miners to move their equipments to big farms and increase the centralization of mining, which is a serious problem.

you want to say that Bitcoin is still dependent gold? In this way, we will know what exactly the currency is strengthened with. To some extent, I too is attached to gold and has an equivalent value.

[rayneh]

Due to increase in the bitcoin value. I think it is good to save the mining coins for future and then sell them with a bit high price, which helps to make profit.

I agree with you the value of bitcoin are increased or we need to save it over coin for over future and bitcoin are growing and up to time and coin give us big profit in future.

[sergeyo9]

Until now we want to do is to save all bitcoin we earned because we put together for the incoming halving we need to have much more bitcoin to earn more earnings in the time of halving.

[tabas]

Until now we want to do is to save all bitcoin we earned because we put together for the incoming halving we need to have much more bitcoin to earn more earnings in the time of halving.

I'm doing it because I want to have some good profit in the future and it's good to see that the price is pumping. What about halving? Halving's going to come at on 2020 and we are still far from it, do you mean to say about the split / hard fork that's about to come on October and November? Whatever it is just keep on saving bitcoin as this is going to beneficial to each hodler.

[trecore4]

Pretty good question about what to do with your coins after all the hard mining. Well I could imagine how hard it is to mine these coins and then to decide what to do with them. For me altcoin mining is best option so coins that I earn I just keep them in the wallet and do not let them get out of it unless and until I see ticker is going with best possible prices. I will never leave a chance if the price has shifted little bit also. I will keep up the pace of mining same and will hold coins for this specific reason. Plus the increased margins also get me cover up of electricity bills and the maintenance of the gpu or even sometimes opportunity to buy new one and add it to the rig. Everything is costly here but these are the few ways which should be taken into consideration to to gain most of the profitability.

[passwordnow]

Due to increase in the bitcoin value. I think it is good to save the mining coins for future and then sell them with a bit high price, which helps to make profit.

I agree with you the value of bitcoin are increased or we need to save it over coin for over future and bitcoin are growing and up to time and coin give us big profit in future.

The price of bitcoin is increasing continually and if you'll sell now you might see the price pump later on. There are even more time to save bitcoin as of now and each year there are major pumps that are happening. And so if I were you, with those mined coins or bought coins or earned bitcoins you've got. Just be patient and the best thing will come to you very soon so don't rush things out there.

[KaliLinux]

If you have mined a lot bitcoins then you have hold them for sometime and sell it when the value reach to your target. If you couldn't manage your current consumption charges just pay them and hold the balance coins for some time to get decent profit.

[lordquanta]

I think mining coins today is very profitable because the price is rising, but the most important thing that we should consider is the price of electricity, if the price is not more than 25 / KWh cent then immediately mining.

Only alt coins are profitable to mine now, for the bitcoin mining it's hard to get now on it because of it's difficulty. And even mining of alt coin now is having it's difficulty increase especially the Ethereum. But there are some alt coins that are good for mining now like xmr. But if you still have those mined bitcoins it's better if you will just hold it until the price of bitcoin fly to the moon.

Most people may not really want to do this considering they do not even have the information they need regarding any investment they can easily embark on. I do not honestly believe in just saving money hoping for the value to increase over time, I want to be able to have more and still benefit from the value increase at the same time. That is how it should be.

Mining coins is mainly profitable because prices rise but the difficulty not so much, over time the difficulty will change accordingly so it will be harder to brake even and turn a profit. The thing with altcoins is that most of them (atleast the small coins) tend to peak at a certain point and then drop down for a couple of months before climbing back up or becoming obsolete. If I were a miner I'd sell my altcoins at the peak and not hold for 6 months. Especially if you're mining multiple coins. The only coin I'm really holding long term is bitcoin.

Mining bitcoin is NOT as profitable as it used to be. Current Difficulty level is proving tough to tackle with. Then there is constant new hardwares being introduced with better power. More powerful miner hardware is helping in mining but the cost of hardware and mainly the electricity cost is major factor. Sooner or later transaction charges for mining  block has to be increased.
If mining charges were increased in proportion ration then transaction time will be greatly enhanced. This in turn improve the usability of bitcoin. And miners will be happy to mine or verify the transactions.
As far altcoins are concerned I think some old timer coins which have been there since long time and have solid technical foundation should do good in the long time as well. Look at the dash, ether, monero, litecoin etc. I excluded the ripple because as you mentioned ripple lost its mojo when one of devel announced to donate large chunk to the charity. That incident caused havoc in the ripple market and it is still not in position to make comeback that easily. People lost their confidence and it will take time to get things right.

[Official Armor Ceramics]

If I were you, I would save mining coins and than invest them in different projects, especially in ICO projects. This will help you to save your money, to own shares of various companies and to get dividends from its activity.
So, if you have some money, make them work, don't give them possibility to depreciate.

[Alubert]

If I were you, I would save mining coins and than invest them in different projects, especially in ICO projects. This will help you to save your money, to own shares of various companies and to get dividends from its activity.
So, if you have some money, make them work, don't give them possibility to depreciate.

Investing in ICO is too risky. You need to understand the underlying assets very well.

[saeyeen]

Sell some of the coins to pay your electricity bills and then save the rest wait for the price to be high before selling it so that you can profit more. But for me I think its best to just invest in altcoins than doing mining.