Mining coins save or sell it?

[Sled]

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.

There is an advantage and disadvantage in going to invest in mining. The advantage of mining is you will get a passive income where you don't need to worry about the things like waking up and working to earn money because when you set up a mining rigs then you can earn money while you are sleeping while investing in altcoins is not sure if you will earn or not because they are volatile. So it depends on the risk that a person wants to take.

[chineseprancing]

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.

There is an advantage and disadvantage in going to invest in mining. The advantage of mining is you will get a passive income where you don't need to worry about the things like waking up and working to earn money because when you set up a mining rigs then you can earn money while you are sleeping while investing in altcoins is not sure if you will earn or not because they are volatile. So it depends on the risk that a person wants to take.

Yes its true, but I can't see anything wrong on holding coins from mining sites. Because it is your income and they give you a high profit in the future.
In my observation selling of bitcoin now is a good decision but I realized that savings coin is good too because there's a possibility to increase their value in the future. Especially now bitcoin value in the market are increasing too fast.

[Ranly123]

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?

If you plan on bigger profit try keeping your coins and monitor the fluctuation on the market and understand its changes. If you think its time to trade it with the higher price then do it. The risk is all up to you to decide though.

[SamsungBitcoin]

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.

There is an advantage and disadvantage in going to invest in mining. The advantage of mining is you will get a passive income where you don't need to worry about the things like waking up and working to earn money because when you set up a mining rigs then you can earn money while you are sleeping while investing in altcoins is not sure if you will earn or not because they are volatile. So it depends on the risk that a person wants to take.

Yes its true, but I can't see anything wrong on holding coins from mining sites. Because it is your income and they give you a high profit in the future.
In my observation selling of bitcoin now is a good decision but I realized that savings coin is good too because there's a possibility to increase their value in the future. Especially now bitcoin value in the market are increasing too fast.

Its not recommended to hold more bitcoin into mining site which you can not hold the private key, much better all your mined bitcoin will go to your trusted wallet then keep it there for long period of time, it is also good that when the value of bitcoin will increase you can easily sell your bitcoin and make extra income.

[Zagitta]

Usually miners will automatically sell their coins. It is the safest way to guarantee ROI as the price fluctuates so much still.

[nl247]

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.

I hope you understand that mining is just like any normal investment and apparently some bills will most definitely be paid. Also, it is an investment that ties down capital for a while before you even start gathering profit, so as far as I am concered, if I were to mine, I will have to pay myself a certain percentage as salary as far as I am concerned instead of just keep saving all, doesnt sound realistic to me. Over time, I can now diversify or expand from the other percentage.

[Clairvoyance]

Save some and sell some. For me, that is the safest way to get substantial return of investment in mining. Altcoins prices do fluctuate frequently and it is easily affect by FUD. From OP's post dating back 2015, I think he pretty much already sold some and mined a lot of coins.

[DIMKAZDS]

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?

I think you should hold your coins and not sell them as Bitcoin is gaining popularity everyday which is making it more valuable. Bitcoin still has a lot of potential and it has shown tremendous amount of growth in past couple of years.. If Bitcoin continues to grow at such rate then a prove of 10,000$ can be expected within 1-2 years.
If you plan to sell now, you will only cut your potential profits.

[kulets]

if you do not really need cash better then save it first in that way you can earn more than you expected.

[Kiweikoo]

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?

In my situation i am selling it as fast as possible because the electricity consumption in my country is quiet high and the profit that i will be gaining will be depending on the amount of money that i will get after paying the electricity bills of the month.

Electricity obviously remains the major challenge anyway when it comes to mining and if that is out of the way, mining is a very good way to make some easy cool cash. Within a short period of time, it is easy to get back one's capital and start making use of the profit and saving some.

[plurred12]

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?

Mining coins should be save because saving long term has the possibility earn bigger and greater profit. If i will sell I will just might keep me going in joining the campaigns to earn bitcoins

[_Dawid_]

Mineable coins are by definition well worth the effort of keeping and mining. In my opinion if your coins have very interesting mining ratio like invest:protif you should keep them. If not you decide.

[Red Fish]

If it is BTC or ETH coins you can sale them, but if you hold other altcoins, you can save them. Right now BTC and ETH have quite high price, so you can make some sales. But keep in mind that Bitcoin value can go up, after 6 - 12 months, Bitcoins price can be much higher than right now. ( there can be max 21 000 000 Bitcoins only ) 

[alexsandria]

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?

For me I rather save it and hold it because I know that when you willing to wait it is worth it. And all I can say that it is better to hold ans mine some tokens so that when you able to sell it in a higher price in the future, you'll able to earn good and a higher amount. Based on my experience it is good to hold for long term and the income are also best.

[Kabul]

If it is BTC or ETH coins you can sale them, but if you hold other altcoins, you can save them. Right now BTC and ETH have quite high price, so you can make some sales. But keep in mind that Bitcoin value can go up, after 6 - 12 months, Bitcoins price can be much higher than right now. ( there can be max 21 000 000 Bitcoins only ) 

I think it is better to mine coin which is profitable and use the amount of money that you have to buy altcoin to hold. It is better than mining shitty coin and wait until their price hit the moon

[fiulpro]

  Hello
Well if you are minning and .. Using your money to generate bitcoins, I think its better to choose a middle option.
Nor selling nor saving..but saving a fraction of bitcoins and selling the rest because , due to advent of more knowledge and... Preety good demand for cryptocurrency in the market many currencies are getting launched ..
Even burger king ! What else you could expect.

Thus the crowd is splitting up
And I don't feel that its that safe to invest in Bitcoins , as it was years before.

Thus you never know when the market value of bitcoins is going to decrease, better to not make any mistake and wait for some time and observe the trend .

Then you will eventually know if its safer to sell it or save it. .
Or the middle option 😄

Best of luck

[stanisl]

Proper now I would say it is most likely greatest to sell whatever you mine, at minimum appropriate now although the benefit is high, probably hold it for a whilst if you're betting on keeping more Bitcoin for potential halvings, but it is constantly much better to mine your Bitcoin and maintain it for a halving occasion, until the marketplace forces you to market before than that.It is your choice, but it all is dependent on what you think the marketplace will do in the future.

[BossMacko]

As for me if ever i will mine the coin that i will be getting in Minining will be going to my Cold Storage. I think it will be better if you will save coin because as we can see Price of the coin changes every month and it is usually going up than going down. So keeping the coins will make you profit even more in the future.

[MyIdeas]

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.

This is something which depends on the skillset of the person who owns the bitcoins. For me, all of them are equally profit and one can get a very handsome amount of profit by dealing with either of them. I am in very much favor of saving and holding of bitcoins for quite a long time. This will keep on increasing the market price of bitcoin and you’ll be able to get more profit in return.

[criz2fer]

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

Mining altcoin today is very difficult because competitions of the same platform are involve. I agrees that mining bitcoin for a long term will really make a profit specially for the future of the bitcoin. I have already lost a lot in some altcoin thats why I focus now on bitcoin because of its potential to increase its value this last quarter