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Author Topic: Mining coins save or sell it?  (Read 106756 times)
Kalder
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January 18, 2016, 12:24:01 PM
 #101

I always sell 90% of the coins I'm mining and hold 10% of them. It's always wise to hold some of them. Who knows you might hit the golden pot!

I hold some, I will use the number of coins to cover my cost. I do not sell the coins, I just use them to buy things otherwise I will buy with fiat.

wildan88
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January 18, 2016, 02:26:11 PM
 #102

If you already feel profit it is better to directly sell and do not save too long. because altcoins unpredictability can sometimes quick scam

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Kalder
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January 21, 2016, 06:03:22 PM
 #103

If you already feel profit it is better to directly sell and do not save too long. because altcoins unpredictability can sometimes quick scam

If you mine the altcoin, then it is better to sell it for bitcoin. But if you believe in that altcoin and the price will rise hgiher, then keep it.

knowhow
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January 21, 2016, 07:31:36 PM
 #104

Well first of all which coins you mining those that are being trade with over 10btc daily? If yes hold them today may be a great investment ,but let them stopped for 12 months looks too much you should weekly or daily take a look into the value as this year some altcoins were pumped and they had around 200% up soo above those ammount later can happen it be much more but will you wait 12 months with the altcoins that may die in 7 months or less?Advice if is active coin wait but always search for their value.
Newcoins2020
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January 27, 2016, 10:47:11 AM
 #105

Just save it. Don't be greedy. I think the coins will be more valuable later.

You just need to wait. Of course there is also a chance that it is falling, but that's the risk.
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January 27, 2016, 11:07:41 AM
 #106

Mining coin needs lot of investment, but you need to be very active so to earn the profit. If you have retained all the investments then start saving it else still you achieve the investment sell mined coins even though the value is low.

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jt byte
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January 27, 2016, 11:09:33 AM
 #107

I think you should hold them for in the future it will take some time, be patient.
The bitcoin will rise soon so you can cash out, How more coins how better.

Just mine your coins and save them on your wallet and be patient so you well gain a lot of profit.
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January 27, 2016, 11:12:34 AM
 #108

Sell bitcoin only if you need to pay expenses, if not store it and maybe in the future the result would be great
Bitcoinbro
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January 27, 2016, 03:43:45 PM
Last edit: January 27, 2016, 04:12:56 PM by Bitcoinbro
 #109

Of course you should keep it. It takes a long time because to mine Bitcoins.
So why spend so quickly. I think it's better to wait for calm and only later sell.

Maybe you can even in the time that awaits you more coins mining.
xdrpx
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January 27, 2016, 03:49:31 PM
 #110

It's your decision to either hold the coins you've mined or sell them for fiat. But my question to you is, are you mining Bitcoins and do you have a mining farm? If you are mining Bitcoins, do you find it profitable?

If you've profited from mining Bitcoins you could always save it and probably invest a certain percentage back to purchase more mining rigs.
makingwin1
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January 27, 2016, 07:09:53 PM
 #111

if i were in your shoes i would surely sell it until i would make the return of investment to all the mining hardware, then i would save it all for the price increase
Kalder
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January 28, 2016, 08:41:16 AM
 #112

Just save it. Don't be greedy. I think the coins will be more valuable later.

You just need to wait. Of course there is also a chance that it is falling, but that's the risk.

If you have a lot of mining coin, you can use the amount equal to your cost and then save the rest. So at least, your cost is covered.

newcoins1978
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January 28, 2016, 02:09:59 PM
 #113

I think its better to save it. Because many people is now going to but coins.
So maybe the value will be higher later.
We all just need patient.
arbitrage
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January 28, 2016, 03:13:57 PM
 #114

Mining and then selling right now is bad idea..Keep your coins in wallet and wait a little.
This is not like daily job, this can bring you more than recovering losses in electricity
jt byte
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January 28, 2016, 03:53:19 PM
 #115

I think its better to save it. Because many people is now going to but coins.
So maybe the value will be higher later.
We all just need patient.


I think its better to sell them if you want to earn money fast,
But indeed saving is also a good option. Its just your choice of course.

I think if you really need the money I would sell them real quick.
Altynbekova
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January 28, 2016, 04:07:30 PM
 #116

If I where mining I would save my bitcoins for the future of bitcoin.

The bitcoin will raise after a couple months, selling is also good but you maybe gain only a little bit of profit.

Its very difficult to say in these month whats gonna happen, I think it will raise, so keep the bitcoin.
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January 28, 2016, 04:10:38 PM
 #117

If I where mining I would save my bitcoins for the future of bitcoin.

The bitcoin will raise after a couple months, selling is also good but you maybe gain only a little bit of profit.

Its very difficult to say in these month whats gonna happen, I think it will raise, so keep the bitcoin.

they are doing so because they do not need to dump everything, miners are not stupid

i firmly believe they are dumping what they need to dump to cover their electricity and a small other amount added to that, nothing more

all this is far below their current earning
Bitcoinbro
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January 28, 2016, 04:25:52 PM
 #118

I always sell 90% of the coins I'm mining and hold 10% of them. It's always wise to hold some of them. Who knows you might hit the golden pot!

I hold some, I will use the number of coins to cover my cost. I do not sell the coins, I just use them to buy things otherwise I will buy with fiat.

I think you better it can keep. If you need money now, of course, you should redeem it
But wiser to await. At that time you're waiting you can be more mining.

So it brings benefits.
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January 28, 2016, 05:43:39 PM
 #119

i don't think mining is even a profitable activity anyway i think yes selling the mined coins is a good option you have and it is also suggested by many users too but in my opinion it is good because you can decide how much profit you want when you hold coins for long time but don't think above limits
Kalder
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January 29, 2016, 12:28:18 PM
 #120

i don't think mining is even a profitable activity anyway i think yes selling the mined coins is a good option you have and it is also suggested by many users too but in my opinion it is good because you can decide how much profit you want when you hold coins for long time but don't think above limits

Mining is for the places with cheap electricity price. If I mine, I will sell the coin to cover my cost and save the rest.

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