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Author Topic: Mining coins save or sell it?  (Read 106756 times)
PrinceCaspian
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June 10, 2017, 06:30:27 AM
 #1281

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?
Breakeven selling will be alot helpful for you i think,sell the 75% or 50% of your stocks and save the 50% more for future price pump and for future selling that will be good for you



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June 10, 2017, 06:54:25 AM
 #1282

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?
Breakeven selling will be alot helpful for you i think,sell the 75% or 50% of your stocks and save the 50% more for future price pump and for future selling that will be good for you

Or before doing that just observed the price trend on most exchanges where the said coins is being traded. But your suggestion correct also, but it is good to save mot of the coins and sell only when needed. You can really maximized your profit when holding and selling it when it is popular already.
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June 11, 2017, 03:57:26 PM
 #1283

I am pretty sure that most miners just save their Bitcoins. It is probably the best idea as you will get more money as time goes by and the price of Bitcoin rises.

That is right. I save most and only sell some to pay for the cost.
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June 12, 2017, 12:10:03 PM
 #1284

I am pretty sure that most miners just save their Bitcoins. It is probably the best idea as you will get more money as time goes by and the price of Bitcoin rises.

That is right. I save most and only sell some to pay for the cost.


Mining gives me far too few btcs that i tend to just forget that i'm mining coins. I don't think it would be worth the effort you'll put and the fee you'll pay for such slow accumulation. Though in time, when i forget about it, i still earn without doing anything. Just leave your miners and get back to them after some time and don't put too much focus on them

 
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June 12, 2017, 12:25:20 PM
 #1285

Saving some from coinsyou mined is good though, but just hold the excess one(the profits or just small quantity of your mined coins).Save up for short term and long term selling that would be the best

 
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June 12, 2017, 12:45:50 PM
 #1286

It only depends on the coin you are mining and also check whether there is a good chance for you in future that you make a good amount with the coins you are mining. While mining you have to choose most reputable coin so that it will give you good profit.
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June 12, 2017, 01:12:48 PM
 #1287

Its all about the coin you are mining, lets look at eth that had raised from 0,02 to 0,14 btc this year, soo there is some big interest over it, with that said its always up to each one to choose the best moment to sell their coins, but this year is the year of bitcoin and altcoins, all of them are getting more value.
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June 12, 2017, 01:23:31 PM
 #1288

Mining altcoin requires precise calculations and great resources. You have to calculate the profit you will get by mining the bitcoin or other altcoin, the tools for mining are very expensive, the cost of electricity is also quite high. After you finish counting, you will know what to do
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June 12, 2017, 01:31:21 PM
 #1289

I think for now the best way to do in mining coins is to save it and wait the right time before sell it because if we sell it immediately how about if the price of bitcoin were raised up. Instead of earning we were regrets to our decision. Vise versa if the price falling down.
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June 12, 2017, 08:41:50 PM
 #1290

I think for now the best way to do in mining coins is to save it and wait the right time before sell it because if we sell it immediately how about if the price of bitcoin were raised up. Instead of earning we were regrets to our decision. Vise versa if the price falling down.

That is true. For the bitcoin and most good coins, it is better to save them.
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June 12, 2017, 08:46:01 PM
 #1291

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.
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June 12, 2017, 08:54:36 PM
 #1292

Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.
But nevertheless each of their coins are used at their discretion, despite how much you extracted them from the tap. I have more than once met people who do not want to trade out for little things and concentrate their attention on more important things.
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June 12, 2017, 09:27:56 PM
 #1293

Mining coins is good i suggest to mine is ethereum because for sure the price of this coin have potential to become 1000 dollars in this month so its better if you mine altcoin just save it and wait the price to increase after that  sell  it to make profit.
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June 12, 2017, 10:21:01 PM
 #1294

I mine ethereum and sell for bitcoins most of the times because I see a greater potential in Bitcoin than ethereum even though both are doing tremendously well on the market, so it's great to mine especially if you've already achieved your ROI and sell for fiat or other cryptocurrencies.
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June 12, 2017, 10:41:19 PM
 #1295

I think for now the best way to do in mining coins is to save it and wait the right time before sell it because if we sell it immediately how about if the price of bitcoin were raised up. Instead of earning we were regrets to our decision. Vise versa if the price falling down.
You still have not got used to the fact that the price of bitcoin is constantly falling and then rising. you don't have to pay attention to these races. Whales are making panic to buy a lot of coins. if no panic then you will buy all coins from whales and they go bankrupt. Be smarter and don't regret when the price drops.
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June 12, 2017, 10:50:15 PM
 #1296

I mine ethereum and sell for bitcoins most of the times because I see a greater potential in Bitcoin than ethereum even though both are doing tremendously well on the market, so it's great to mine especially if you've already achieved your ROI and sell for fiat or other cryptocurrencies.

What mining pool are you using? And how many GPU's do you have? I have a plan on mining alt coins soon but once ETH is already POS no way it can be mined. So probably I will get along with zcash and monero and will sell it through bitcoins too. And once I got the profit then I will not do something about it, I'll save it.

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June 13, 2017, 01:11:52 AM
 #1297

The answer is that sell it if you need cash, save it if you wanna be a millioniare in the future. This much easy.
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June 13, 2017, 04:54:30 AM
 #1298

Let's say I am spending 250 USD to mine a coin of worth 330 USD, selling it immediately doesn't give me a big profit. If I am selling the same coin for 500 USD then thats a good strategy.
(amount spent on mining per coin in FIAT) : (Value of the coin)
when you get a good ratio convert the coin to FIAT.
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June 13, 2017, 05:55:16 AM
 #1299

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 are in desperate need for money,then sell it.Or else,if you can manage by any other means,then save it for the fortune future.Even you could become a millionaire if you hold 1 bitcoin in future.Just treat bitcoin as digital gold instead of digital cash.

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June 13, 2017, 06:08:44 AM
 #1300

choices, especially in the trading markets, made out of fear, usually are at least a little wrong.  that does not mean to hold a coin that is falling in price because you are playing it cool, it does mean that any market changes that require buying or selling will maintain themselves for the amount of time that it takes to take a deep breath.  whether your personal life or the trading market, or perhaps a forum/chatbox user is putting pressure on you to make a choice, breath, relax and try as best you can to imagine what choice you would make if that pressure was not there.  imagine a steep price drop in the market as a more gradual drop and take a second to think.  perhaps the electric bill is late and you are thinking about dumping bitcoins, are there other options?  a member of the forum insists that Y coin is going to be dumped and we have to sell NOW, is that true and accurate.  A few seconds can mean a few dollars, but making a rash decision can mean a lot more.
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