Quote from: DomesticTrader on June 28, 2016, 02:23:15 PM

Quote from: jaysabi on November 26, 2015, 09:15:19 PM

Quote from: bitlancr on November 26, 2015, 11:10:32 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 07:36:37 AM

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 your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion.

Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price'

12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself.

There are allot of people who thinks that mining coins can be profitable but after the halving it is only profitable for people who have allot of mining servers.
So if you have some mining coins left wait till the price of the bitcoin is at hit highest point and sell it then you have the most profit out of it.

Yeah and I think that even at this stage mining is not profitable, the only thing you can give profit is to buy them and save for the future to earn extra profits.