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Author Topic: Mining coins save or sell it?  (Read 106756 times)
martinacar
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March 10, 2016, 08:53:21 PM
 #241

Mining coins can be really profitable but I think you should now save them because of the fact that the halving is coming.
You will make more profit because of the halving and mining will be more difficult than before.
Skaven
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March 10, 2016, 09:51:13 PM
 #242

You should just save them for the future of the bitcoin, in my opinion.
Maybe you can even make more profit by holding them if you just hold them for a long term.
knowhow
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March 11, 2016, 12:31:08 AM
 #243

If its a stable coin you should save it ,not forget it just accumulate and save it,but with the recent pumps into some altcoins maybe the best time to sell them.For other side if you are mining new coins just drop them as soon as you can as the most of them has no future.But in the end now you should act according the market,if you mined bts it were pumped to 70% value soo it would be the time to sell them,even if the price cross those value ,you can use the bitcoin to invest into others hot altcoins.
rio3233
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March 11, 2016, 12:38:24 AM
 #244

The only correct answer should be: save, until the price of the coin rises high enough to make a profit. Then sell.

Well, that's what everyone want. But we don't know when the price of bitcoin rises high. But halving is coming. So yeah, maybe the price of bitcoin will increase because halving.
Kalder
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March 11, 2016, 08:45:25 AM
 #245

You should just save them for the future of the bitcoin, in my opinion.
Maybe you can even make more profit by holding them if you just hold them for a long term.

I would suggest hold most of the coin. You can use some of the mined coins to pay the mining cost. The price will rise in long term.

sishendaoye
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March 11, 2016, 08:54:00 AM
 #246

Selling can be good if you really need the money, but if you do not need the money right now you should not do it.
Due to the fact the bitcoin will go to a high amount soon or later its better to save them.
clickerz
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March 11, 2016, 03:23:03 PM
 #247

Selling can be good if you really need the money, but if you do not need the money right now you should not do it.
Due to the fact the bitcoin will go to a high amount soon or later its better to save them.


Same sentiments here.If you have some spare cash, just hold for a while or wait until it goes higher.Consider it as an investment first.You mine because you want to gain,so you can gain more if you hold for a while or check the market first to know where the price is going Wink

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sallymeeh27
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March 11, 2016, 04:33:52 PM
 #248

If I will do mining I would probably save some for future needs which is very important for me then spend some for you will still continue to do the mining. I really wish that I could have something to use and do the mining they say this is the best way to earn more bitcoins..

Kalder
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March 12, 2016, 01:01:31 PM
 #249

If I will do mining I would probably save some for future needs which is very important for me then spend some for you will still continue to do the mining. I really wish that I could have something to use and do the mining they say this is the best way to earn more bitcoins..

I will do the same. But I will save most and spend some of the coins to pay my electricity bills and miners etc.

umaOuma
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March 12, 2016, 01:17:44 PM
 #250

If I will do mining I would probably save some for future needs which is very important for me then spend some for you will still continue to do the mining. I really wish that I could have something to use and do the mining they say this is the best way to earn more bitcoins..

I will do the same. But I will save most and spend some of the coins to pay my electricity bills and miners etc.

Save it now and you will see the difference in future when the price is compatible, you can expect better price in next couple of months, so hold it now and sell it at the time of halving.
Kingno.1
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March 13, 2016, 05:39:37 PM
 #251

At present saving bitcoin would be better as prices are low. But in near future prices will increase and if you really wish to sell them, you could sell them at that time.
chaosknight
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March 13, 2016, 05:47:50 PM
 #252

At present saving bitcoin would be better as prices are low. But in near future prices will increase and if you really wish to sell them, you could sell them at that time.

yes holding it at a moment is the best option available as selling at this price is never profitable as price is too low at a moment so saving for future would be the best thing to do.
a7mos
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March 13, 2016, 11:02:35 PM
 #253

a miner has to sell some of what he mined in order to cover his electicity costs and cover the cost of the equepments. then when he get his ROI, he may save his coins IMO
newcoins1978
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March 13, 2016, 11:20:27 PM
 #254

Its better to save them now because you can make more money in the future with it, also the fact mining is gonna be more difficult in the future so holding is better now in my opinion.
The halving will really hit you otherwise.
knowhow
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March 13, 2016, 11:43:05 PM
 #255

Well the main question is which coins are you mining the news or the old coins and stable,if are the first well just drop them fast you can,if are stable coins well you should hold atleast for a while and sell them when you feel the price is atractive .
fiatvacation
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March 13, 2016, 11:50:02 PM
 #256

I would say save whatever you can, and only spend what is necessary to sustain the mining.

If you're barely breaking even, then I would seriously reconsider your choice and maybe see what else you can add or change to make more. There isn't much of a way to save if you can barely scrape by as it is.
Corenin
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March 14, 2016, 12:29:16 AM
 #257

Well the main question is which coins are you mining the news or the old coins and stable,if are the first well just drop them fast you can,if are stable coins well you should hold atleast for a while and sell them when you feel the price is atractive .

Yes I think holding for future can be more profitable as the price would be better in future as we are expecting good price at the time of halving so saving it at a moment is good decision.
Oscoda
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March 14, 2016, 10:07:21 AM
 #258

The best thing that you can do now is just hold your coins now. And that is really important.
The value is not even that high so you wont get much money from it and that is the problem. Just wait and see.
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March 14, 2016, 10:58:32 AM
 #259

Mining of coins need to be saved rather than selling. Saving the remaining got after all expenses of mining will profit you in the future. If selling at present it may give a small additional earning.pp

honeyhtet
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March 14, 2016, 03:22:13 PM
 #260

If you are mining heavy, Then you should probably sell around half and hold the rest...
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