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kie
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August 06, 2017, 11:03:08 PM
 #1

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.
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August 07, 2017, 09:53:34 AM
 #2

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

your question is very unclear!
when you mine you get paid in a cryptocurrency. for example you get satoshi if you mined bitcoin, doge if dogecoin, eth if you mine ethereum and so on.

then you have to decide if you want to keep the reward or not. you can consider it as an investment if you think what you mine will go up in price. then hold it and sell when it is worth more.

with bitcoin, you can also use it to buy stuff, exactly like how you use money to buy stuff online.


 
 
 
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August 07, 2017, 12:16:44 PM
 #3

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

What mining you did? Cloud mining? If you can withdraw it then just withdraw it as fast as you are reading my comment.

And what to do when mining, of course just withdraw it and if you don't mind invest it to trading and buy alt coins.

What are you even thinking instead of withdrawing it?

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darthmaul
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August 07, 2017, 02:41:14 PM
 #4

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.


Your question is too cryptic!

But with my understanding you want to ask whether to withdraw them into fiat or whether to convert it into bitcoin if you are mining altcoins or vice versa. I'm also thinking that you are asking whether to hold them for long period so as to get interest on it as the price keeps increasing.

To answer specifically, I would suggest you to tell us what coin are you mining. If you are mining the bitcoin then you can hold it into wallet with private keys and grab the profits over the time when it increases in the price. Other option is simply convert it to fiat money and withdraw to bank and use it.

If you are mining altcoins then go for converting them into bitcoin and then you can repeat the above steps obviously. Everything is upto you and these are all possible answers to your ambiguous question.

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August 07, 2017, 03:23:36 PM
 #5

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

I would say keep on mining and sustain yourself with cheap instant noodles. For sure you'll be rich in no time! When the prices hit the 10,000 levels then that would make you really rich. Right now the price has not yet even started going up and look at it go! Wait till the implementation of BIP91 happens and see more price increases! For me, I would really hold of from selling.

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Ararbermas
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August 07, 2017, 03:40:51 PM
 #6

Please make you post clearly .. you say what next after withdrawal? Ithink you should invest again then wait until you reach the minimum withdrawal i think.. or if its required to have a refferal before you can withdraw then should invite your friend thats all i know.

kie
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August 16, 2017, 11:25:44 PM
 #7

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

your question is very unclear!
when you mine you get paid in a cryptocurrency. for example you get satoshi if you mined bitcoin, doge if dogecoin, eth if you mine ethereum and so on.

then you have to decide if you want to keep the reward or not. you can consider it as an investment if you think what you mine will go up in price. then hold it and sell when it is worth more.

with bitcoin, you can also use it to buy stuff, exactly like how you use money to buy stuff online.

yeah its a little bit unclear, that's why i'm asking what to do next after i withdraw that coins.
kie
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August 16, 2017, 11:32:14 PM
 #8

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

What mining you did? Cloud mining? If you can withdraw it then just withdraw it as fast as you are reading my comment.

And what to do when mining, of course just withdraw it and if you don't mind invest it to trading and buy alt coins.

What are you even thinking instead of withdrawing it?


mining pool, i know it's kinda slow to earn some satoshi, i want to keep it in my wallet, you know to save because the value of btc rise.
kie
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August 16, 2017, 11:44:01 PM
 #9

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.


Your question is too cryptic!

But with my understanding you want to ask whether to withdraw them into fiat or whether to convert it into bitcoin if you are mining altcoins or vice versa. I'm also thinking that you are asking whether to hold them for long period so as to get interest on it as the price keeps increasing.

To answer specifically, I would suggest you to tell us what coin are you mining. If you are mining the bitcoin then you can hold it into wallet with private keys and grab the profits over the time when it increases in the price. Other option is simply convert it to fiat money and withdraw to bank and use it.

If you are mining altcoins then go for converting them into bitcoin and then you can repeat the above steps obviously. Everything is upto you and these are all possible answers to your ambiguous question.

bitcoins, your comment is very precise what i want to do with my btc. i rather withdraw it and save it to my private keys.
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August 17, 2017, 04:40:28 AM
 #10

After withdraw,you can also reinvest to make more profits.
Bitcoin is almost raised up in price,i do not think bitcoin can cross $4000.
Better to move and trade in ethereum now for more profits.

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August 17, 2017, 04:57:11 AM
 #11

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

What mining do you mean? Hardware or cloudmining? Elaborate it so that we can see the real scenario and can give you proper advice on that.

But if you are in cloudmining then you should pull out your money and try another profitable sites since cloudmining is already declared as scam sites and you shouldn't go there so that you will not be scam by those damn scammers.

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August 17, 2017, 05:10:05 AM
 #12

I think he just want to ask if how to withdraw mined coins..  I think you can easily withdraw it or exchange it into money if you are living in us you can simply send your mined bitcoin to the coinbase and request a withdraw either bank account or  debit card..
Or if you are living in india you can use zebpay to withdraw your bitcoins.. or if you are living here in philippines you can send the mined bitcoin the coins.ph address and withdraw or cash out choose where you want to withdraw it..
If you are mining altcoin make sure to exchange it first into bitcoin and send them where you want to withdraw it..

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August 17, 2017, 05:58:40 AM
 #13

Okay, so you have mined some bitcoins and earned some rewards for it, thats great. You can let the rewards be as it is and save it for the future. Let the amount grow as you earn more as you know there is a withdrawal fee. If you earn some and pay the withdrawal fee each time you might get less income. So let the amount grow and then withdraw it together. After withdrawing it to any wallet you have many options like trading, exchanging to some other coin, investing, buying stuff online etc... It depends on you what you have to do with it.

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August 17, 2017, 06:49:31 AM
 #14

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.


Your question is too cryptic!

But with my understanding you want to ask whether to withdraw them into fiat or whether to convert it into bitcoin if you are mining altcoins or vice versa. I'm also thinking that you are asking whether to hold them for long period so as to get interest on it as the price keeps increasing.

To answer specifically, I would suggest you to tell us what coin are you mining. If you are mining the bitcoin then you can hold it into wallet with private keys and grab the profits over the time when it increases in the price. Other option is simply convert it to fiat money and withdraw to bank and use it.

If you are mining altcoins then go for converting them into bitcoin and then you can repeat the above steps obviously. Everything is upto you and these are all possible answers to your ambiguous question.

bitcoins, your comment is very precise what i want to do with my btc. i rather withdraw it and save it to my private keys.

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.


Your question is too cryptic!

But with my understanding you want to ask whether to withdraw them into fiat or whether to convert it into bitcoin if you are mining altcoins or vice versa. I'm also thinking that you are asking whether to hold them for long period so as to get interest on it as the price keeps increasing.

To answer specifically, I would suggest you to tell us what coin are you mining. If you are mining the bitcoin then you can hold it into wallet with private keys and grab the profits over the time when it increases in the price. Other option is simply convert it to fiat money and withdraw to bank and use it.

If you are mining altcoins then go for converting them into bitcoin and then you can repeat the above steps obviously. Everything is upto you and these are all possible answers to your ambiguous question.

bitcoins, your comment is very precise what i want to do with my btc. i rather withdraw it and save it to my private keys.

After you earned some bitcoins, you should find the safest method to store them safely. If you are planning to hoard your bitcoins for a long period, until the price is much higher, then I would suggest going the cold storage route. I would move these coins out of online services and into paper wallets.

If you do not know what a paper wallet is, read this : https://en.bitcoin.it/wiki/Paper_wallet

Storing bitcoins on paper wallets is not safe unless very strict security precautions are undertaken during their initial preparation. < Create it offline >

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August 17, 2017, 06:56:18 AM
 #15

listen to those who answer you mate its better to keep it inside your secure wallet and wait much prefer to aim for a long term goal and you will see
the fruit of your success bitcoin is not done yet with its current value imagine how dust satoshi will be after 3-5 years from now.

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August 17, 2017, 02:20:08 PM
 #16

bitcoins, your comment is very precise what i want to do with my btc. i rather withdraw it and save it to my private keys.
Since you wish to store it, there are paper wallets (as suggested by Kakmakr), you might want to print several copies and better yet, laminate them as paper is prone to wear and tear.

You may also opt to to store your coins to desktop wallets, it's safer than storing them on web wallets and exchanges.
I've been using Electrum, as it's secure and lightweight, easy to use as well.
Go here --> https://electrum.org/#download  and just GOOGLE on how to use it.

Do make sure your computer is clean and secure.


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pedrog
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August 17, 2017, 03:29:00 PM
 #17

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

1. Mining
2. Withdraw
3. (...)
4. Profit

Why did you begin mining in the first place?

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August 18, 2017, 02:21:52 AM
 #18

What to do after mining, if i withdraw it what to do next?? Kindly help me, im a little bit confused.

1. Mining
2. Withdraw
3. (...)
4. Profit

Why did you begin mining in the first place?
Me at first i invest in cloud mining because i do not have some idea on how to earn bitcoin also i am greedy at the time, i start mining because i am looking for good profit and if you see their plan and if you are newbie i think you will bite that plan to.
my only advise is if you can withdraw your earnings go withdraw it and sell it to make money and do not invest again.

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August 18, 2017, 03:34:04 AM
 #19

I think he just want to ask if how to withdraw mined coins..  I think you can easily withdraw it or exchange it into money if you are living in us you can simply send your mined bitcoin to the coinbase and request a withdraw either bank account or  debit card..
Or if you are living in india you can use zebpay to withdraw your bitcoins.. or if you are living here in philippines you can send the mined bitcoin the coins.ph address and withdraw or cash out choose where you want to withdraw it..
If you are mining altcoin make sure to exchange it first into bitcoin and send them where you want to withdraw it..

 Its not like that i dnt know how to withdraw, i just qant some suggestion on what i will do with my mined bitcoin after i withdraw it.. Thats all. But i still thank you for another lesson that you have shared .
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August 18, 2017, 03:37:40 AM
 #20

Okay, so you have mined some bitcoins and earned some rewards for it, thats great. You can let the rewards be as it is and save it for the future. Let the amount grow as you earn more as you know there is a withdrawal fee. If you earn some and pay the withdrawal fee each time you might get less income. So let the amount grow and then withdraw it together. After withdrawing it to any wallet you have many options like trading, exchanging to some other coin, investing, buying stuff online etc... It depends on you what you have to do with it.

 Thats it, so its better to withdraw it once as it grows bigger.  ill try to do the trading ang investing. Kindly give me some legit sites for that.
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