gerXhonza
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June 23, 2016, 08:13:20 PM |
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Mining coins need to save and wait for the right time to sell it this is for you future but if you encounter unexpected things to happen i think you should sell your bitcoin anytime.
If you are securing good profits at this stage then you can definitely sell your coins, but if you wait for next few days then you can expect higher profits by selling at halving.
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expert4knowledge
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June 23, 2016, 10:25:15 PM |
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Mining coins need to save and wait for the right time to sell it this is for you future but if you encounter unexpected things to happen i think you should sell your bitcoin anytime.
Yes and original poster is asking this so I think that it is a good time to save coins and sell them in a short 4-5 weeks period.
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martinacar
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June 26, 2016, 02:32:51 AM |
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Saving is now the right thing you should do with the future of the bitcoin its more than good to do this. The price is most likely gonna rise to a higher amount and due to this it would be better to hold your bitcoins.
Instant selling can be good but I think holding is just more profitable.
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sanas
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June 28, 2016, 10:14:08 AM |
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Saving is now the right thing you should do with the future of the bitcoin its more than good to do this. The price is most likely gonna rise to a higher amount and due to this it would be better to hold your bitcoins.
Instant selling can be good but I think holding is just more profitable.
I hope the block size capacity can be increased soon so that the transaction time can be reduced so more people will use it.
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Shibashi Dogemoto
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June 28, 2016, 11:55:29 AM |
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Saving is now the right thing you should do with the future of the bitcoin its more than good to do this. The price is most likely gonna rise to a higher amount and due to this it would be better to hold your bitcoins.
Instant selling can be good but I think holding is just more profitable.
We can afford to hold it till the halving, as price may go down after the halving, so selling at halving would be the best time to sell, as price is expected to go higher at halving.
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Sled
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June 28, 2016, 01:00:45 PM |
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Saving is now the right thing you should do with the future of the bitcoin its more than good to do this. The price is most likely gonna rise to a higher amount and due to this it would be better to hold your bitcoins.
Instant selling can be good but I think holding is just more profitable.
We can afford to hold it till the halving, as price may go down after the halving, so selling at halving would be the best time to sell, as price is expected to go higher at halving. That's true but we need to be careful and smarter on choosing when we gonna sell our coins because i believe that after halving the price will have a drop because as you said after halving it is the best time to sell and if most of the users will do that it will have a huge affect on price and it can fall down to $400 or lower.
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praprata
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June 28, 2016, 01:56:07 PM |
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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?
At the moment is does not make much sense any more to mine for Bitcoin because of the halving and stuff coming. It is now allot harder to mine them and it will take much more time. The best way now is to use it as an real investment and spend your own money in to it.
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DavidoAlto
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June 28, 2016, 02:10:09 PM |
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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?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion. Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price' 12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself. I understand that you think ghat 12 months is not very long, however the outlook for crypto is different. While real estate is bought for the mentioned periods, in crypto and stocks. 1 year is a long term. A company which don't perfoms in 1 year will see a decrease in price, since stockholders are both impatient and demanding. My personal outlook towards the future is postive, there bitcoin is a strong buy. If you're a "trader," 12 months might be a long time to hold a stock. If you're an investor, it's not at all. Businesses don't change fast enough to appreciate in value in any meaningful way in 12 months. If you're looking for the 10-baggers or more, you need to get in on quality companies early and hold them for 5-10 years, and probably longer. People chasing "fast money" are more likely to harm themselves than help. Your view is correct, but times are changing. Business is going faster. For crypto we both agree that 12 months is a long time, regarding stock and bonds we both agree that 12 months is 'nothing' really. If you have allot of coins who you have just mined i will say just keep them into your wallet because that is the best. The bitcoins cant be mined very fast aftet the halving so if you want to make allot of money with your free mined coins sell them later.
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opossum
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June 28, 2016, 02:13:14 PM |
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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?
At the moment is does not make much sense any more to mine for Bitcoin because of the halving and stuff coming. It is now allot harder to mine them and it will take much more time. The best way now is to use it as an real investment and spend your own money in to it. If you can buy it then go for it, as this price is still good to buy some coins and save it for the future, and if you see good price at halving then you can sell some part of it and secure profits.
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DomesticTrader
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June 28, 2016, 02:23:15 PM |
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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?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion. Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price' 12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself. There are allot of people who thinks that mining coins can be profitable but after the halving it is only profitable for people who have allot of mining servers. So if you have some mining coins left wait till the price of the bitcoin is at hit highest point and sell it then you have the most profit out of it.
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Corenin
Legendary
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June 28, 2016, 02:45:43 PM |
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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?
If your outlook is 12 months then i think saving is the best thing to do. The long term perspective for bitcoin is very good in my opinion. Selling them at current prices is just too low. Holding on to them will make it you more profit by selling them at this 'low price' 12 months is not a long term horizon. If you're confident about the long term prospects of bitcoin, you should plan to hold for 5-10 years. As a point of comparison, look how much bitcoin has fallen in the last 12 months. People one year ago who were buying with the pipe dream of being rich 12 months later lost 50% of their money in bitcoin. It's only over very long timelines that bitcoin has the potential to make you bring you a nice return, but the risk is not absent. Bitcoin might not be a force in 5-10 years, it could be disrupted itself. There are allot of people who thinks that mining coins can be profitable but after the halving it is only profitable for people who have allot of mining servers. So if you have some mining coins left wait till the price of the bitcoin is at hit highest point and sell it then you have the most profit out of it. Yeah and I think that even at this stage mining is not profitable, the only thing you can give profit is to buy them and save for the future to earn extra profits.
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useless4
Sr. Member
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June 28, 2016, 02:50:14 PM |
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Buying now is a good idea, but you can only do that if you have enough money because we believe that the price of bitcoins would go higher as the effect of block halving happens. I don't mine coins but I'm able to earn satoshis from services and save it.
i think you are right, if you want to invest into bitcoins then now is a really great opportunity to do that i think because the price has a lot of strength to go up if i was mining coins then i would definitely hold it all right now because it would be just as an investment for me that would allow me to gain some good money in the future
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Jmild1
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June 28, 2016, 03:20:17 PM |
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Buying now is a good idea, but you can only do that if you have enough money because we believe that the price of bitcoins would go higher as the effect of block halving happens. I don't mine coins but I'm able to earn satoshis from services and save it.
There's no assurance of what you're talking about that the price will increase once halving come and it will not necessarily happen. We barely see a pump on the coin as we reach the month of July and I believe it will continue to remain stable.
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dezoel
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June 28, 2016, 06:29:37 PM |
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Buying now is a good idea, but you can only do that if you have enough money because we believe that the price of bitcoins would go higher as the effect of block halving happens. I don't mine coins but I'm able to earn satoshis from services and save it.
There's no assurance of what you're talking about that the price will increase once halving come and it will not necessarily happen. We barely see a pump on the coin as we reach the month of July and I believe it will continue to remain stable. If you can afford to hold it for next 10 to 15 years then this is the best time to buy bitcoins as you will never see this low price in future as it will keep on moving up in coming days.
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DomesticTrader
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June 29, 2016, 02:00:58 AM |
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Buying now is a good idea, but you can only do that if you have enough money because we believe that the price of bitcoins would go higher as the effect of block halving happens. I don't mine coins but I'm able to earn satoshis from services and save it.
There's no assurance of what you're talking about that the price will increase once halving come and it will not necessarily happen. We barely see a pump on the coin as we reach the month of July and I believe it will continue to remain stable. If you can afford to hold it for next 10 to 15 years then this is the best time to buy bitcoins as you will never see this low price in future as it will keep on moving up in coming days. If you can do this you should do this, I think that it can be really profitable and you also will not have any regrets of it by doing this.
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ausbit
Legendary
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June 29, 2016, 07:02:39 AM |
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Buying now is a good idea, but you can only do that if you have enough money because we believe that the price of bitcoins would go higher as the effect of block halving happens. I don't mine coins but I'm able to earn satoshis from services and save it.
I think yes its the best time to invest into bitcoins as the prices are going higher. I think miners should not sell their coins because surely the price is expected to go over 1200$ till this coming November.
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HilbillyFred
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June 29, 2016, 07:18:41 AM |
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If you don't need the money, wait to sell your bitcoins. Its possible that next year prices of bitcoin were bigger than now. (But it isn't 100% secure).
It is a good advice. Unless you are lacking money for you daily expenses then there is no reason to sell mined, or bought coins right away. Always expect a bubble, for example yesterday bitcoins was worth $20 dollar less than it is worth today. In the long run this might be even bigger deal. Well for me is a good advice I don't spend a lot of Bitcoin and money so I just save it. And yes maybe today Bitcoin has increase but maybe tomorow will go down again. Mined coins can better be saved and sell them on one of the highest point because when you do that you will get the most progit out of your bitcoins you know so dont waste them right now but wait for a price increase.
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avw1982
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June 29, 2016, 07:21:46 AM |
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If you don't need the money, wait to sell your bitcoins. Its possible that next year prices of bitcoin were bigger than now. (But it isn't 100% secure).
It is a good advice. Unless you are lacking money for you daily expenses then there is no reason to sell mined, or bought coins right away. Always expect a bubble, for example yesterday bitcoins was worth $20 dollar less than it is worth today. In the long run this might be even bigger deal. Well for me is a good advice I don't spend a lot of Bitcoin and money so I just save it. And yes maybe today Bitcoin has increase but maybe tomorow will go down again. Mined coins can better be saved and sell them on one of the highest point because when you do that you will get the most progit out of your bitcoins you know so dont waste them right now but wait for a price increase. Yeah best thing is now around this time is to hold your coins at present situation and just wait for what is going to happen. You never know what will happen. But I think you can see also now that the value is rising slowly and that is very good for those people who made already an investment...
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Whosdaddy
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June 29, 2016, 05:06:35 PM |
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Mining coins need to save and wait for the right time to sell it this is for you future but if you encounter unexpected things to happen i think you should sell your bitcoin anytime.
Do you think it was a good time to sell 2 to 5 days ago? The price has dropped quite a lot since that time. And who knows if it lifts by 100 units in next 2 days ? so do not worry if price goes down because bitcoins have a lot of potential and surely will go higher and higher, so please dont get a negative feeling within yourself. If today its low surely after some days it will be very high.
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Blackmet
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June 29, 2016, 07:36:21 PM |
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As far as i know, people who mining bitcoins or altcoins and working without any other help, should pay very huge fees, so at my opinion they should save some money on life.
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