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Author Topic: Mining coins save or sell it?  (Read 106756 times)
MaritiJames3
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May 17, 2016, 03:16:15 PM
 #441

I think if you mine you can better right now just save them for a later moment and than maybe sell them because the bitcoin has a good future and the price is gonna rise for sure.
So I would recommend the miners to hold till after the halving.
Corenin
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May 17, 2016, 06:53:22 PM
 #442

I think if you mine you can better right now just save them for a later moment and than maybe sell them because the bitcoin has a good future and the price is gonna rise for sure.
So I would recommend the miners to hold till after the halving.

But what I am listening is that mining is not profitable enough at this stage and I am not sure about it as I never been into mining, but buying and saving for future can be the best thing.
CrimBit
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May 18, 2016, 01:53:24 AM
 #443

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?

you must research about your coin before sell it, if the developer will update the coin, maybe new wallet, new feature etc. better to hold it, and waiting the price rising.
Dassi
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May 18, 2016, 07:28:21 AM
 #444

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy
CrimBit
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May 18, 2016, 07:51:01 AM
 #445

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday  Cheesy
i choose to sell if you think the price will be down, and hold if you think price will be rise
Icathia
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May 18, 2016, 08:14:44 AM
 #446

As you can see there are allot of people who just holding their coins after mining. But the price of the coin
wont increase if everybody is just holding them so i prefer to mine them and sell them directly.
BitsandBites
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May 18, 2016, 08:36:25 AM
 #447

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?
Mining coins is the most profitable way of getting Bitcoins because you do not have to invest in it all the money is yours. Investing is easy and you can make money with it. Saving money is the safest way holding your money.
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May 21, 2016, 07:51:43 AM
 #448

I mine some bitcoins, I use it to cover my hardware and electricity cost. I do not sell the coins directly.
techgeek
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May 21, 2016, 08:37:18 AM
 #449

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday  Cheesy
i choose to sell if you think the price will be down, and hold if you think price will be rise

This isnt just you lol.

This is probably 90% of the people on this forum, unless they have other investments and already established.

But most I assume are in their 20`s working at a job and trying to get into the scene so they force to sell extra coin to pay bills as well.

arwin100
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May 21, 2016, 08:47:04 AM
 #450

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday  Cheesy
i choose to sell if you think the price will be down, and hold if you think price will be rise

This isnt just you lol.

This is probably 90% of the people on this forum, unless they have other investments and already established.

But most I assume are in their 20`s working at a job and trying to get into the scene so they force to sell extra coin to pay bills as well.

I dont do mining because i dont really trust cloud mining nowadays because all of them will turn scam and it can make you cry if you invest in low roi ponzi scheme, and i do selling my coins weekly to have money or allowance that can i use in weekly basis and also to have savings and i dont really see bad thngs in selling coins because thats what we are intended to here, bitcoins is not for display it is used to multiply and earn profit so we can have extra income in online world, and its very helpful.

ObscureBean
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May 21, 2016, 09:26:32 AM
 #451

It really depends on the coin you're mining. With altcoins in general (there are a few exceptions) I would say it's best to sell as soon as you can because a lot of them are just pump and dump coins that will probably not be around after a few months. Just watch the market for an opportunity to sell for a reasonable profit but don't wait for months. Bitcoin you can keep of course.
pocarime32
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May 21, 2016, 11:43:28 AM
 #452

It's depend. If the mining coins is alt coin i will directly sell it because the price of altcoin can suddenly dropped, so better sell it. For bitcoin i save it some.
mindrust
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May 21, 2016, 11:47:03 AM
 #453

Why take the risk? Sell it all while you can profit. Are you sure about the price rise? I am not. I don't believe fairy tales, be realistic. Prices may go up, as they also may go down. Can you estimate why? If you can't, then it sure sounds like gamble to me, and gamblers always lose.

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jt byte
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May 21, 2016, 01:27:22 PM
 #454

If I mined I would probably hold them because it is hard to get them this way. So wouldn't want to just sell them off like this.
Corenin
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May 21, 2016, 01:42:18 PM
 #455

Why take the risk? Sell it all while you can profit. Are you sure about the price rise? I am not. I don't believe fairy tales, be realistic. Prices may go up, as they also may go down. Can you estimate why? If you can't, then it sure sounds like gamble to me, and gamblers always lose.
Gambling is not the right way to grow your coins as there is no guarantee that you will make profits from gambling, its better to save for next couple of months and sell when price goes higher.
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May 21, 2016, 07:49:27 PM
 #456

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?
its depedn on how much can you get from mining that coins,daily or weekly,if you can earn many coins,its time to sell that coins,not too good if you hold that coins,but if you just earn little on daily earning,its bad for sell directly after mining.

DavidoAlto
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May 25, 2016, 08:20:24 AM
 #457

Mining coins are good to sell right away some times because you do not have to invest to all the money you get from them is profit. It is smart tho tio try to hold on to some for the future price that is coming closer.
AsaroUk
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May 25, 2016, 02:39:07 PM
 #458

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?
its depedn on how much can you get from mining that coins,daily or weekly,if you can earn many coins,its time to sell that coins,not too good if you hold that coins,but if you just earn little on daily earning,its bad for sell directly after mining.
The best thing that you can do is just holding it now and you also can see now that there are a lot of people that is holding it because they know that it will be more worth in the future.
So that is really nice for the Bitcoin itself but you never know of course what will happen with the value.
torrentheaven
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May 25, 2016, 11:58:52 PM
 #459

I will never afford to mine at this stage as its not profitable enough, its better to buy it an hold it for next few months to gain profits from it.
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May 28, 2016, 05:53:24 PM
 #460

Yeah me too, I can't mine coins too may be because lack of enough knowledge or I don't really have more time to spend about it. For me you can sell your mined coins if you think you can get profit from it now but if not, then wait for the increase value. Just be optimistic and it will happen.

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