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Author Topic: Mining coins save or sell it?  (Read 106756 times)
Cybertron00
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June 10, 2016, 12:51:10 AM
 #501

Well it depends on the coin. First do a research about the coin your mining if you think it's dev have good plans for it in the future, you can consider saving it but if your research says that the dev have no good plans, maybe you should consider selling it. Just watch its price though.
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June 10, 2016, 05:51:05 AM
 #502

It depends on your need or wants and also depends of the price of bitcoin. If the price of coins will dump i will buy the wait to rise it again then sell.
When if i have something need to buy but it is not available in bitcoin thats the time to sell my bitcoin.
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June 10, 2016, 07:01:51 AM
 #503

For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin
InsideBjorn
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June 10, 2016, 09:45:03 AM
 #504

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 at the moment is not the best thing to do because I believe that it is not profitable any more. So at the moment selling them is the better option to choose out of.
You have to hold it now and that is because the price is now started to rise so maybe you can sell it after the price rise and that should be nice for you.
The only thing that you never know is when it will stop rise and for how long it will rise and that is the risky thing of selling, you have to choose the right moment.
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June 10, 2016, 10:14:56 AM
 #505

For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin

but if everyone will hold the coin, how can the price increase? someone must buy and hold, not just hold, i guess those rich people will pump and make everyone else rich lol, for now i'm mining alt and dumping for bitcoin

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June 12, 2016, 06:44:27 AM
 #506

For now i will save all my coin because the potential to gain big profit is near to come.
Halving will have big effect on the price of bitcoin. this time is not right time to sell coin

but if everyone will hold the coin, how can the price increase? someone must buy and hold, not just hold, i guess those rich people will pump and make everyone else rich lol, for now i'm mining alt and dumping for bitcoin

That is the reason I also use some coins. The usage or the circulation will make it work like money, that will increase the value.
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June 12, 2016, 06:54:50 AM
 #507

I use them when I get them. It's better than selling them in my mind. But hey sometimes you just have to dump your coins into fiat to pay for things you can't pay for in Bitcoin.
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June 12, 2016, 08:41:16 AM
 #508

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?

well now before halving i think that you should save as much as you can of them and sell after halving, because price then will be really larger than it is now

but after halving, i think that you should sell bitcoins just to pay for electricity and other fees that you get for mining because now i don't think that you can pay them with bitcoins

 
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Jiamaf
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June 14, 2016, 10:24:24 AM
 #509

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?

well now before halving i think that you should save as much as you can of them and sell after halving, because price then will be really larger than it is now

but after halving, i think that you should sell bitcoins just to pay for electricity and other fees that you get for mining because now i don't think that you can pay them with bitcoins

That could be a good idea. But I think the price will keep on rising for very long time. So I will hold on to it.
CoinHopper
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June 14, 2016, 10:26:30 AM
 #510

Sell sell sell. Mining is not a speculative sport. It's a for profit business..
Ayers
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June 14, 2016, 10:31:44 AM
 #511

Sell sell sell. Mining is not a speculative sport. It's a for profit business..

i disagree, those miners that held when bitcoin was $430 now have 50% more profit! it's better to hold for now miners or not, you will make very good profit

Rizky Aditya
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June 14, 2016, 10:37:40 AM
 #512

I think that it is smarter to save you coins so that you earn more money. Especially with halving near, you could make a lot of profit compared to if you sell it now.
greatr
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June 14, 2016, 11:33:57 AM
 #513

I think that it is smarter to save you coins so that you earn more money. Especially with halving near, you could make a lot of profit compared to if you sell it now.
thats true, its better to save your coins at the moment because the price can grow really fast right now
DuckKeeper
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June 14, 2016, 03:16:40 PM
 #514

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.
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June 14, 2016, 03:19:11 PM
 #515

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Mining at this stage is not profitable but saving till halving can be good and if you are satisfied with current price then you can afford to sell it too to grab some profits.
Jmild1
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June 15, 2016, 06:12:18 AM
 #516

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Mining at this stage is not profitable but saving till halving can be good and if you are satisfied with current price then you can afford to sell it too to grab some profits.
Its true because mining became harder and more and more people quitted mining bitcoin because rigs are so expensive that they cant profit on the block they earn. Only pioneer are the one who stayed mining at bitcoin.
JeanMcCoy
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June 15, 2016, 07:10:10 AM
 #517

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Mining at this stage is not profitable but saving till halving can be good and if you are satisfied with current price then you can afford to sell it too to grab some profits.
Its true because mining became harder and more and more people quitted mining bitcoin because rigs are so expensive that they cant profit on the block they earn. Only pioneer are the one who stayed mining at bitcoin.
Saving will be now the best thing that you can do and that is because you have to know that the value of Bitcoin will be more worth and that is really nice.
Patience is really important in Bitcoin otherwise you are not to be able to earn profit with Bitcoin and that is bad.
serjent05
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June 15, 2016, 08:06:48 AM
 #518

sell those garbage they are not worth anything, i would keep only the top 5 altcoin in the marketcap or at worst the top 10

when i was instamining the altsection basically, i remember that i was mining and then selling very quicjly everything on the same announcement thread, very profitable experience

I agree, keep only those who are on the top list else other coin are just for the mine - dump scheme.  I have seen this scenario a hundred times.  A friend of mine used to trade different altcoin, he get profit from trading but make sure he will increase his holdings.  After sometime his holdings become nothing, After a year of keeping the coin to his wallet and forgeting it, he remembered he has this  numbers of altcoins.. and when he checked the thread, they are dead or their value is way low than it was before.

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June 15, 2016, 01:51:19 PM
 #519

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 that saving them is the best option right now because the price is still rising so that you can sell them when it is at is highest in this period. So save them for a while.


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Aceanyth
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June 15, 2016, 11:12:48 PM
 #520

When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.

Saving will be now the best thing that you can do and there are not that many reason to sell it because the value of Bitcoin is going to be higher soon which that is perfect for all of us with Bitcoin.
Patience is really important in Bitcoin if you want to earn some money with it and that is because you have to wait for the right moment to sell it and that should make some profit for you.
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