pereira4
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December 13, 2015, 10:57:18 PM |
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If I was a miner the only coins I would sell would be those that allow me to pay the bills, the rest I would keep them for the long term and I would probably never sell them for fiat but to spend them on goods and services offered directly in exchange of BTC.
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Whoever mines the block which ends up containing your transaction will get its fee.
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lolgato
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December 14, 2015, 02:03:50 AM |
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Its best to wait then sell them for the price spike and do it before dumpers.
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bamboylee
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December 14, 2015, 03:12:05 AM |
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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 it is a good idea to hold your coins. The prediction is bitcoin will go up in price, so if you hold it for a longer time, you can have a better profit than dumping it now. Or you can also trade it so than the coins will not be idle. |
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DrLove2048
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December 14, 2015, 04:20:41 AM |
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If I was a miner the only coins I would sell would be those that allow me to pay the bills, the rest I would keep them for the long term and I would probably never sell them for fiat but to spend them on goods and services offered directly in exchange of BTC.
If I ever got into mining this would be my plan. Enough to cover the bills and the rest to sit on for an investment. It just seems like the most logical way to do it, as your then essentially getting 'free' money |
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Pierre 2
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December 14, 2015, 07:45:50 AM |
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Save it and just try to smell crashes.
If you feel or just see crash is gonna happen, sell them.
Then don't forget to buy back after it is low.
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Amph
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Activity: 3206
Merit: 1069
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December 14, 2015, 08:08:43 AM |
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Its best to wait then sell them for the price spike and do it before dumpers.
yeah this would be selling high buying low, which is trading, and it's not so easy as it seems where is the next top now? you can't know it, better to save for a better value, which make you more comfortable to sell, if the current price is what you've waited for then sell for it |
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foxbitcoin
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December 14, 2015, 08:43:14 AM |
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It should depend on your situation. Do you need to sell it to pay for the maintenance and electricity costs? If so, you have to sell part of it. Then set you target for selling them and follow it. You should keep in mind that bitcoin may be up or down. No one knows that for sure.
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Zaun
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December 14, 2015, 12:30:56 PM |
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If you're looking to do this on the long term, it's best to save and hold. Up until the point that you can make some good profits.
It's best to keep a look out on the value of bitcoin every now and then so you know when the best it is to sell.
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Erzatium
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December 14, 2015, 01:02:22 PM |
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Saving it for long term is good choice just do that.
But I haven't mine so I am not that expert, but good luck to you in the future.
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bearex
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December 15, 2015, 08:10:26 AM |
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I would keep the coins as an investment. Just like i buy coins from an exchange.
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justspare
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December 15, 2015, 08:23:23 AM |
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At this time. Yeah. Definitely save your coins. At the rate Bitcoin's price is rising. You will make a lot of profit even if you save for a couple of days let alone couple of months.
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Kalder
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December 15, 2015, 08:53:48 AM |
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I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.
It is a good advice. I will just use the portion which I will convert to buy goods directly. Converting costs money. |
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Rizky Aditya
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December 15, 2015, 09:03:56 AM |
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I would definitely save if I were in your shoes. You will make quite a lot of profit, whereas if you sold, you wouldn't make anything.
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Hashminers
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December 15, 2015, 02:52:07 PM |
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Just save it your coins for now, try to save some and the 25% of it just sell it or invest tit for something.
For me I won't just save it all or sell it all. I will just do both.
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Alubert
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December 15, 2015, 03:00:39 PM |
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It is better to hold most of the coins and use some of those coins to cover the mining cost. Usage can increase the value of bitcoin.
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Hannu
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December 15, 2015, 05:28:00 PM |
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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?
Invest 50%, Save 25% and Use rest what is left? USD?  |
BTC: 3Qnnx4cu45Gx4WcksNCnBPu3TaUZ5sKkLo
LTC: LYX1ZH7f4qcXq52AzA6grUYDfDngVz7BEi
XRP: rLrbZMJDdL8eQd7HsW314bCtvE16LTLYkM?dt=1113
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Amph
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December 15, 2015, 06:05:28 PM |
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I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.
It is a good advice. I will just use the portion which I will convert to buy goods directly. Converting costs money. i would use bitcoin to buy the goods direclt ywithout evne converting, you can have discount if you use bitcoin instead of dumping for fiat |
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sishendaoye
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December 15, 2015, 07:49:55 PM |
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Well do what is good for you. For me I will just hold it and wait for increase.
So that later I can get profit. That would be nice, but mining is so much power and money.
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ajareselde
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Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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December 15, 2015, 08:46:44 PM |
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Well do what is good for you. For me I will just hold it and wait for increase.
So that later I can get profit. That would be nice, but mining is so much power and money.
If you are only saving to sell out and forget about bitcoin, you won't earn much. It's far better alternative to re-buy after the increase you sell it on. That way you get both fiat and btc, or increase btc holdings if you're all in on crypto. imho, selling at these prices is not a good idea, it's too risky and could leave you behind, so maybe better just save and hoard for now. cheers |
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ivanst776
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Merit: 1003
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December 15, 2015, 09:06:18 PM |
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It's your decision to sell or save it, but if you can save then this is better, because you can except a profit when the price increases.
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