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Author Topic: Mining coins save or sell it?  (Read 106756 times)
clickerz
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June 15, 2016, 11:19:05 PM
 #521

All of us here agree that saving your bitcoin at this moment is the best you can do now. Let this halving period pass, and also observe the price movement of bitcoin as it was steadily rising now. If your not in a hurry or badly needed cash why not save first your bitcoin. If its a mined altcoin, I think its better to convert it to bitcoin first.

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Sled
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June 16, 2016, 12:39:15 AM
 #522

If you want to follow my opinion, i will suggest to save it because we see that the bitcoin price is continue rising and also many users saying that it's better to save our coins than selling it now.
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June 16, 2016, 01:15:24 AM
 #523

I mining etherum, for get more ethereum i need to sell my earning to buy new VGA then i can get highest hash and start get ethereum as much as possible.
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June 16, 2016, 03:43:34 AM
 #524

If you want to follow my opinion, i will suggest to save it because we see that the bitcoin price is continue rising and also many users saying that it's better to save our coins than selling it now.
This is what on my mind mining the save it to my wallet i never sell my bitcoin this is for my future.
Saving now is profitable than selling because the price is now rising again thats the effect of halving
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June 16, 2016, 05:31:16 AM
 #525

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.
How to check the coins if they are on the top list of trusted coins? Yes I agree that some of the coins are just there to make a manipulative price and profit with it, but i want to know how you guys check the trusted coins around.
DarkThrones
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June 16, 2016, 08:06:22 AM
 #526

When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
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June 16, 2016, 08:15:36 AM
 #527

I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

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June 17, 2016, 04:43:08 AM
 #528

The value of bitcoin is already moving upward and it would still go higher until late of June in my opinion. I likely suggest to convert your mined coins (alt coins) to BTC to maximize your earnings and keep it for a while for you to make a profit.

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June 17, 2016, 04:57:46 AM
 #529

I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
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June 17, 2016, 08:09:28 AM
 #530

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.
yhansky
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June 17, 2016, 08:29:45 AM
 #531

Save and sell... when the price increase sell it ,and when it goes down buy bitcoin hold / save it for anothef price increase.
It can give you profit anytime you want to.
greBit
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June 17, 2016, 08:31:33 AM
 #532

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.
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June 17, 2016, 08:50:41 AM
 #533

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.

Agreed mining will waste your time, money and energy the best thing to do right now is to save coins for future as it is predicted that price will be too high at the end of the year.
DarkThrones
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June 17, 2016, 09:25:10 AM
 #534

Miners have big bills to pay so they often sell daily what they manage to earn. Electricity fees are HUGE even at low rates like .06 and also the hardware is very expensive upfront costs.
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June 17, 2016, 09:32:11 AM
 #535

Bitcoin will be more worth in the future and that is really nice so you can better wait a longer time to sell it and that is important.
So the chance will be higher that you can earn some profit in the future so that is really nice.

Mining is not profitable now, either you buy it or earn it and save it for future as price will achieve new levels in the coming years so you can sell at that time to earn higher profits.

Agreed mining will waste your time, money and energy the best thing to do right now is to save coins for future as it is predicted that price will be too high at the end of the year.

Are you sure mining just waste time, money and energy? if you can see the potential of the coin, then you mine it. you can get a huge advantage. My friend had the experience, when he was mining coin and managed to gain 15 BTC. but it is quite foreign coins, because not many people who know and coins that exist in the exchanger china.
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June 17, 2016, 08:48:52 PM
 #536

I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
But how will miners manage to pay their bills and mining cost if they just save ? I think if you have enough money to pay the bills even after saving the bitcoins then please save it, because I can easily see price going over 1500$ at least.
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June 17, 2016, 08:56:48 PM
 #537

stck some and sell some! you should try Minergate its pretty good!
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June 17, 2016, 09:09:00 PM
 #538

I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
But how will miners manage to pay their bills and mining cost if they just save ? I think if you have enough money to pay the bills even after saving the bitcoins then please save it, because I can easily see price going over 1500$ at least.

If we talk about the normal users then I think they will prefer to save their coins for halving, as selling now is no more profitable as price will be higher at halving.
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June 17, 2016, 09:33:43 PM
 #539

Right now I would say it is probably best to sell whatever you mine, at least right now while the value is high, maybe hold it for a while if you're betting on holding more Bitcoin for future halvings, but it is always better to mine your Bitcoin and hold it for a halving event, unless the market forces you to sell earlier than that.

It's your choice, but it all depends on what you think the market will do in the future.
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June 17, 2016, 09:52:34 PM
 #540

Right now I would say it is probably best to sell whatever you mine, at least right now while the value is high, maybe hold it for a while if you're betting on holding more Bitcoin for future halvings, but it is always better to mine your Bitcoin and hold it for a halving event, unless the market forces you to sell earlier than that.

It's your choice, but it all depends on what you think the market will do in the future.

I am not at all interested  in mining at this stage as its no more profitable now, I would prefer to buy or earn bitcoin and save it for future to earn higher profits.
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