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Author Topic: Mining coins save or sell it?  (Read 106756 times)
JumperX
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July 26, 2016, 11:52:36 AM
 #741

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future

I will not go for mining at a moment as it will be an costly affair for me, instead I will prefer to buy and save it for long term to gain maximum profits from it in future.
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sanas
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July 27, 2016, 06:41:27 AM
 #742

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
yeah, i think if i were you and if i was mining bitcoins then i would definitely save it all in order to make a lot of money in the future

I will not go for mining at a moment as it will be an costly affair for me, instead I will prefer to buy and save it for long term to gain maximum profits from it in future.

If you can mine with graphics cards and mine the Ethereum, Siacoin or Decred, it will be very profitable.

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July 27, 2016, 07:58:44 AM
 #743

for now if you mine bitcoin is better to sell it because the value of bitcoin now is great then if bitcoin price will goes down it should be good to keep your mine coin it always depend on the price.
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July 27, 2016, 08:24:29 AM
 #744

Depends on the current market situation, also if the price surpasses your mining operations by a great factor, maybe it's great to sell off some and keep something in your stash. The most important thing is the cost of your mining operation. If you know that you are selling on a loss, keep those coins and save until there comes a time when you can sell those for a profit (or just to breakeven).

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July 27, 2016, 08:46:31 AM
 #745

For altcoins is you are mining a specific coin, I suggest you should just save it because in the future the value would surely appreciate. I believe the huge volume coins will be big in the future so you only need to sell some to pay your expenses in mining.

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July 27, 2016, 08:50:28 AM
 #746

if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.
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July 27, 2016, 06:18:58 PM
 #747

if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.
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July 27, 2016, 07:18:32 PM
 #748

for now if you mine bitcoin is better to sell it because the value of bitcoin now is great then if bitcoin price will goes down it should be good to keep your mine coin it always depend on the price.

It's not that simple as you think. Mined bitcoin should be take in a serious consideration whether if you sold it or save it. Even the bitcoin price today was considered as high by the others, we must think of the operational cost we are spending in our mining operations. Honestly, with the current mining rewards, mined bitcoins should be save and not be sold with the current price.

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sanas
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July 29, 2016, 08:31:10 AM
 #749

if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.

At the moment, it is more profitable to mine the altcoin than mining the bitcoin directly. You then sell the altcoin to buy bitcoin.

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July 29, 2016, 05:25:12 PM
 #750

if you need the money then you can sell it. but if you feel that you can manage your expenses from some where else then it is good for you to hold your mined bitcoin. because it is expected that the price of bitcoin will increase in next some months or in 2017. now its up to you either you want to keep your mined bitcoin or sell it.

I save most of the mined coins. I just use some bitcoin when I buy the mining equipment with the bitcoin.

At the moment, it is more profitable to mine the altcoin than mining the bitcoin directly. You then sell the altcoin to buy bitcoin.

The Ethereum, (TCH or ETC), Siacoin and Decred are all more profitable to mine if you know how to do GPU mining.
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July 29, 2016, 07:36:12 PM
 #751

At my opinion better to sell mined coins, because to pay all taxes need a lot of money and also need to save something on life, but i am not miner and maybe i am wrong.

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July 29, 2016, 08:29:25 PM
 #752

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

A combination of saving and selling the coins you need to pay the bills is the best.
If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years.

we should not have to go for the combination, but we have to save when we do not need money and when we need some money for paying our bills then at that time we should have to sell our coins.
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July 29, 2016, 08:48:02 PM
 #753

The price for bitcoin is pretty high now, 670$ per 1 BTC, and experts who are earning money on the currency difference are saying that it should to be like that: buy when the price is low - sell when the price is high. So now it's high and you can sell it, but same bitcoin experts say that price will rise soon, so you can wait a bit and check it out.
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July 29, 2016, 08:58:33 PM
 #754

Depends on what do you mean by 'a lot of Coins'. Do you mean you have alternative cryptocurrencies, or you use more than one cryptocurrency or do you have a few Bitcoins in your wallet.

If you have one or more alternative cryptocurrencies you can exchange them for Bitcoins or keep some coins with potential and then sell them or exchange for Bitcoin. I recommend exchanging everything to Bitcoin. If you have a few Bitcoins invest them or simply hold them for a higher price and then convert about 60% to 80% of them to fiat.

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July 30, 2016, 08:16:18 AM
 #755

I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.

Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future.
Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value..

A combination of saving and selling the coins you need to pay the bills is the best.
If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years.

we should not have to go for the combination, but we have to save when we do not need money and when we need some money for paying our bills then at that time we should have to sell our coins.
Exactly, we only save after we were able to pay all our expenses in the mining operation and for me that is the necessary things to do. Our savings could give as fortune in the future if you hold a considerable number of it, who knows that the coins you are holding that is worthless now would be precious in the future.
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July 30, 2016, 07:13:38 PM
 #756

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

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August 01, 2016, 08:03:40 AM
 #757

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.
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August 02, 2016, 07:19:33 AM
 #758

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.
Few decade is a long wait and that is only good for the long time investor as they have a lot of money so it is fine with them if there investment will be stock for a long period of time. I believe that is the best way to do to make good profit in the future but not everyone can wait.

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August 02, 2016, 08:20:44 AM
 #759

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.
Few decade is a long wait and that is only good for the long time investor as they have a lot of money so it is fine with them if there investment will be stock for a long period of time. I believe that is the best way to do to make good profit in the future but not everyone can wait.
Apparently, those who are saving for a long period of time are making money. Like before when the price of bitcoin is pretty cheap, if an investor will just dump their bitcoin once they see a good price then we would not reach at this level now. The current price is really great even though it is falling back a bit.

Achargeturry78
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August 02, 2016, 09:17:03 AM
 #760

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 coins untill 12 months is good because there will be a big chance that the price of bitcoin gets higher in the end of the year. maybe the price of it can grow 2x of what price now so, it is better to save your bitcoin and earn more for you because now a days, the price is not that big. be practical because you do hard work to earn it and you deserve to have a big price for it soon.
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