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Author Topic: Mining coins save or sell it?  (Read 106756 times)
ultimatesky
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November 05, 2017, 06:28:02 PM
 #1561

If you wish to follow my opinion, i will suggest to save it because we have seen the bitcoin price is continue increasing and also many users saying that it is easier to conserve our coins than promoting it now.

If you don't have to, don't sell most altcoins, maybe all have reach a low point. Which is why I am not selling anything at the moment.
Just waiting for the alt's reach a reasonable price and start trading again.
developer101dev
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November 05, 2017, 06:30:30 PM
 #1562

In my opinion, Save your coins as possible as you can then use some of it to pay the electricity consumption of your mining rig, In that way you can earn more profit because the value of the coins is still increasing.
diouf67
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November 06, 2017, 05:28:04 PM
 #1563

My personal opinion would be to try and mine coins that have a lot of potential and profit greatly that way, perhaps mine some stable profitable coins along side that to cover costs. But really it all depends on each persons preference, for me I'd like to grow rich from crypto instead of just earn a nice amount passively.

eviIweeviI
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November 06, 2017, 09:39:38 PM
 #1564

Right now I'd say it is usually better to sell anything you mine, a minimum of right now while the value is high, maybe hold it for a while if you're wagering on keeping much more Bitcoin for long term halvings, but it's usually easier to mine your Bitcoin and hold it for any halving event, unless the marketplace can make you market earlier than that.It's your choice, but it all depends on what you think the marketplace will do in the future.
thebanker28
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November 06, 2017, 10:02:49 PM
 #1565

If you can afford to hold your mined coins you may as well hold them. At some point though, you have to ask the question "what are you doing this for?" If you have a nest egg built up, go enjoy it a little, if you want to keep accumulating, you can do that too. Hopefully the bitcoin price will continue its positive path long into the future.

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cryptoalfs76
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November 06, 2017, 10:40:58 PM
 #1566

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?

Its better to hold you coins in a certain period of time and wait for the right time to change or trade into other altcoins.try to hold ,and exchange it if the value of this coins will go higher.

chickenado
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November 06, 2017, 10:58:02 PM
 #1567

If you can afford to hold your mined coins you may as well hold them. At some point though, you have to ask the question "what are you doing this for?" If you have a nest egg built up, go enjoy it a little, if you want to keep accumulating, you can do that too. Hopefully the bitcoin price will continue its positive path long into the future.

Same with what you've been earning from any signature or bounty campaigns you can hold your mined coins, and wait for the next pump. Future sell value rise will be into effect for the coins that you are investing for so it will be rewarding when it hits the success. All we need is to control our emotions in order to prevent panic selling and you can decide what's best decision to have.
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November 08, 2017, 12:15:15 AM
 #1568

knowing from eth capacity, will be one of the very best inside a long term like BTC, nevertheless BTC holds a really powerful basis.
Beicin
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November 08, 2017, 12:41:49 AM
 #1569

I'm holding. I dont need the money right now to pay for anything, so i just keep it in Bitcoins, and plan on holding it for a decent amount of time.. both to support the cryptocurrencies and as an investment.

vv181
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November 08, 2017, 01:02:45 AM
 #1570

What I'm doing is usually, I research and analyze the coin project then I made a decision, does the coin have a good longterm plan?, if the coin is good I usually hold the coin and sell when price is rising,and sometimes I instantly sell the coin when I need to pay electricity and maintenance.
Sled
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November 08, 2017, 06:42:41 AM
 #1571

What I'm doing is usually, I research and analyze the coin project then I made a decision, does the coin have a good longterm plan?, if the coin is good I usually hold the coin and sell when price is rising,and sometimes I instantly sell the coin when I need to pay electricity and maintenance.
It is good to just mine coins that has a good vision and project rather than just mining the coins that are just good for being profitable. It is really worth it in the long run if you will mine good coins because it will give you chance to get more profit in the future as their prices more likely to go up rather than mining the hype coins but didn't have any good future.
krisnt80
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November 08, 2017, 01:03:41 PM
 #1572

At this stage since almost all coins had lost a big ammount of their value, since bitcoin jumped from the 4000 dollars to 7000 dollars and looks like it will reach 8000 dollars soon, making the market to readjust its value. Its more a personal choise to hold with hope that coin will readjust its value one day, or sell and stop or reduce the risk to keep loosing value to bitcoin.
ElizaZX
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November 08, 2017, 01:06:52 PM
 #1573

Statistics say that now it is better not to sell anything, but to save it. In the near future, prices will jump, and even if they fall, then wait about 1 year and again everything will return to its places.
Shanmatthew
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November 08, 2017, 01:26:41 PM
 #1574

I think its better to save as of now btcBTC keep it for long term or short term. We can wait for the right time to sell it in the near future. It is good profit to us if we can save it as of today. Maybe next year the price of btc will increase.
krisnt80
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November 08, 2017, 05:21:18 PM
 #1575

At this stage since almost all coins had lost a big ammount of their value, since bitcoin jumped from the 4000 dollars to 7000 dollars and looks like it will reach 8000 dollars soon, making the market to readjust its value. Its more a personal choise to hold with hope that coin will readjust its value one day, or sell and stop or reduce the risk to keep loosing value to bitcoin.
bitllionaire
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November 08, 2017, 11:10:03 PM
 #1576

I am not a miner. however i think most of big exploration companies are selling the majority of the new cash once they are mined . because they are looking for fast revenue plus they do want to pay for their costs
Everyone is looking for fast revenue/return in the business and they are always in search for shortcuts to earn more in least time consumption. Bitcoin is the best business option for businessmen almost. Selling of bitcoin is not wise act however, saving is best instead of selling. Mining is so much better from selling and saving but it requires more time and heavy investment because it needs installation of heavy duty computer/machines as well as requires high quality and expensive software to mine bitcoin. Bitcoin should be mined in those countries where electricity is cheap because it requires more electricity.
freedomgo
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November 09, 2017, 09:14:49 AM
 #1577

At this stage since almost all coins had lost a big ammount of their value, since bitcoin jumped from the 4000 dollars to 7000 dollars and looks like it will reach 8000 dollars soon, making the market to readjust its value. Its more a personal choise to hold with hope that coin will readjust its value one day, or sell and stop or reduce the risk to keep loosing value to bitcoin.
Bitcoin has started to dump now, I think this will go down below $7,000 and for me this is healthy for the entire market
since altcoins needs to have a growth also. The segwit2x was cancelled and this gives a dump of bitcoin price, I am waiting until it dip so I can buy again.

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falafelnut
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November 09, 2017, 09:31:16 AM
 #1578

Save and sell. That is the point!  Wink
Eroanwan
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November 09, 2017, 10:18:53 AM
 #1579

Save it you can see that bitcoin is still rising. If i was you i would save it for a few years bitcoin will go over 15k so you can have more profit from it.

If you sell it now you will have less profit and you will have regrets that you sold it too early.
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November 09, 2017, 01:15:41 PM
 #1580

I would suggest if you have a mining machine, to get a a target per day or per week, let's say you want to mine at least 1 Bitcoin per day, do 1.5 Bitcoin, save 1 Bitcoin and let it appreciate through time, then sell the .5 Bitcoin, since you only targeted 1 Bitcoin, you can now have savings, and consider the excess to be free cash, that is to prevent yourself from binge spending, and also consider it as a reward, since mining today is difficult or you could also use the .5 Bitcoin for your expenses. For me, I will not choose whether to spend or sell what I had mined, I will make a budget, since it is already considered free, might as well take care of it, since a lot of people would also want to be miners but doesn't have the means.
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