Bitcoin Forum
May 06, 2024, 06:32:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 88 »
  Print  
Author Topic: Mining coins save or sell it?  (Read 106756 times)
Sir_lagsalot
Sr. Member
****
Offline Offline

Activity: 392
Merit: 251



View Profile
December 15, 2015, 09:32:26 PM
 #61

Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.

Mining in a pool won't be profitable either, so many people are mining alongside you.

But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
1715020362
Hero Member
*
Offline Offline

Posts: 1715020362

View Profile Personal Message (Offline)

Ignore
1715020362
Reply with quote  #2

1715020362
Report to moderator
1715020362
Hero Member
*
Offline Offline

Posts: 1715020362

View Profile Personal Message (Offline)

Ignore
1715020362
Reply with quote  #2

1715020362
Report to moderator
1715020362
Hero Member
*
Offline Offline

Posts: 1715020362

View Profile Personal Message (Offline)

Ignore
1715020362
Reply with quote  #2

1715020362
Report to moderator
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
CoinHopper
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Two heads are better than one.


View Profile
December 15, 2015, 09:36:27 PM
 #62

Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.

Mining in a pool won't be profitable either, so many people are mining alongside you.

But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.

As uh... Lagsalot said,
Bitcoin is bound to go up. Sure, people say it's deflationary, but just think. After 21 million coins, bitcoin's amount will be static, even decreasing, because of the list coins out there. This is why I'm buying coins for my gf this Christmas Grin
Monnt
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


View Profile
December 15, 2015, 10:24:53 PM
 #63

Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
December 15, 2015, 10:37:31 PM
 #64

Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.

Better off that he waits until we hit new ATH next year and then sell his coins! He might get triple amount of money for his coins!
troleybüs
Legendary
*
Offline Offline

Activity: 1424
Merit: 1001


View Profile
December 15, 2015, 11:09:00 PM
 #65

Sell everything, cause it is deflationary!

But BTC price is going upwards. Holding is better because he can sell later for more price.
There are 2 points you should never sell your coins. First when the rally starts, second when the price is in all time low.
avw1982
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
December 16, 2015, 08:09:57 AM
 #66

Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.

I am believing the same As bitcoin will reach more than 500$ But unfortunately today bitcoin fall nearly 10$ today. When price will bounce to more than 500$ dude according to your prediction because some of the chart and prediction say It ll fall on January and some prediction are It will cross more than 500$
Jiamaf
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
December 16, 2015, 08:33:03 AM
 #67

It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
gkv9
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


!!! RiSe aBovE ThE StoRm !!!


View Profile
December 16, 2015, 01:52:03 PM
 #68

It completely depends upon many factors I would be seeing, such as the time, as these months ain't good currently for selling based on what is going to come in future, I am talking about halving...

So, based on the same, I won't sell my coins if I would be mining...

michinzx
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
December 16, 2015, 03:16:38 PM
 #69

It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
absolutely zero incentive to sell and rebuy it though, assuming you mean to trade it on an exchange, you would lose out one hundred percent of the time from the trading fees on the exchange. spend it if you want to, buy it if you need to.
Farma
Legendary
*
Offline Offline

Activity: 2534
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
December 16, 2015, 04:55:38 PM
 #70

I think better kept, if you need the money then sell, but if not better stored only once, might bring benefits in the future  Smiley

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
MaritiJames3
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
December 16, 2015, 06:48:11 PM
 #71

Depends if you're in need of fiat to pay bills or not. If not I would just save it if I was you. You could hold it until you can make a lot of profits. I would say save up for 6 months up until 1 year. Keep an eye out for the bitcoin price though, you might miss out if you don't keep up with the latest bitcoin price.
Betwrong
Legendary
*
Offline Offline

Activity: 3276
Merit: 2151


I stand with Ukraine.


View Profile
December 17, 2015, 10:27:47 AM
 #72

Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.

Mining in a pool won't be profitable either, so many people are mining alongside you.

But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.

As uh... Lagsalot said,
Bitcoin is bound to go up. Sure, people say it's deflationary, but just think. After 21 million coins, bitcoin's amount will be static, even decreasing, because of the list coins out there. This is why I'm buying coins for my gf this Christmas Grin

What a nice decision! I don't know why I didn't think about that myself. You should consider maybe buying a physical one. Anyway your gf has chosen the right guy, pass my regards to her:)


.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
December 22, 2015, 08:36:48 AM
 #73

It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
absolutely zero incentive to sell and rebuy it though, assuming you mean to trade it on an exchange, you would lose out one hundred percent of the time from the trading fees on the exchange. spend it if you want to, buy it if you need to.

That's correct. Never can be trusted in trading bitcoin. No one can predict how would go the price of bitcoin in time. Can happen with the same probability whether the up and ump and whether only the increase of price and the remaining of it in that point in which is arrived. That does it mean that hoping a sure (or almost sure) trade with the aim to increase the amount of the coins sold in a certain moment may bring in the lose of all the bitcoins sold. Cannot be never predicted the price of bitcoin. Period.
jt byte
Hero Member
*****
Offline Offline

Activity: 994
Merit: 500



View Profile
December 22, 2015, 08:40:33 AM
 #74

If you are able to make profits out of selling your bitcoins at the time, you should go for it. I would advice you not to sell it all at once, you could sell 60% and hold 40% of your bitcoins. You never know if the bitcoin price will rise or not, so you should always have some bitcoins holding back.
bazar165g
Sr. Member
****
Offline Offline

Activity: 500
Merit: 250



View Profile
December 22, 2015, 08:42:42 AM
 #75

I just sold small part of it to sustain my expense and wouldn't sell it until next years halving.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-
WEBSITEE |█| WHITEPAPER












Pasutinmeur
Full Member
***
Offline Offline

Activity: 302
Merit: 100



View Profile
December 22, 2015, 10:10:50 AM
 #76

I just sold small part of it to sustain my expense and wouldn't sell it until next years halving.

That is a good strategy. The price might rise before or after the halving. But if bitcoin has bright future, why sell at any price?

OIKOS.CASH      Decentralized finance on Tron   ▬▬▬▬▬▬▬▬▬▬▬▬▬   Collateral-backed stable-coins
         github  telegram    twitter    discord           synthetic asset trading and trustless token exchange on TRON
Kalder
Full Member
***
Offline Offline

Activity: 168
Merit: 100



View Profile
January 03, 2016, 08:06:47 PM
 #77

I mine coins, that is similar to buying the coins indirectly. I hold most, and use some to buy things. These coins is the same as paying the electricity.

Alubert
Full Member
***
Offline Offline

Activity: 164
Merit: 100


View Profile
January 10, 2016, 09:26:51 PM
 #78

If you are able to make profits out of selling your bitcoins at the time, you should go for it. I would advice you not to sell it all at once, you could sell 60% and hold 40% of your bitcoins. You never know if the bitcoin price will rise or not, so you should always have some bitcoins holding back.

If you have to sell some to cover your cost, then do it. Otherwise save as much as you can.
btcprospecter
Sr. Member
****
Offline Offline

Activity: 504
Merit: 251


★777Coin.com★ Fun BTC Casino!


View Profile
January 11, 2016, 01:44:22 AM
 #79

If it was me I would save atleast a quarter of what I was mining and convert the rest if I needed it. But if you can hold of cashing in I would think what people must be thinking who mined bitcoin at the very beginning and sold before the big price rise.

BellaBitBit
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
January 11, 2016, 02:43:18 AM
 #80

If I had mined to get my bitcoins I would surely hodl hodl.  Seems like time and money going into it to sell so soon but that is up to you.  I expect the price to move higher over the next couple years.

I love Bitcoin
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 88 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!