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Author Topic: Mining coins save or sell it?  (Read 106756 times)
piloder
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September 21, 2016, 04:09:42 PM
 #921

Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.
sanas
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September 22, 2016, 04:06:08 PM
 #922

Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.

That is right. It is better to save most of the coins, for example 90% and use about 10% of the coins to make it useful.

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Corenin
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September 22, 2016, 04:26:53 PM
 #923

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 does not do much now so I suggest that you stop with mining coins and just buy them with your own money.
You should then save them and sell them for more money in the future.


Yes mining is no more profitable at a moment so its better to buy them and trade with them and try to grow them and sell some of them when you see higher price to make good profits from it.
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September 22, 2016, 04:39:30 PM
 #924

Saving bitcoins which whether you have bought with fiat or mined yourself will be good decision for future, saving it for your child, grandchild etc will make lot more sense.

that is dangerous to save for a very long time, what if you die? and none can retrieve your coin, you will lose all your saving, and if you trust someone early that in the end will screw you it's even worse

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September 22, 2016, 04:53:29 PM
 #925

Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell

dinda22
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September 22, 2016, 05:08:15 PM
 #926

for me if you mining bitcoin, it is better to immediately sell. because after halving your income will be reduced. so to cover the cost of better sell it. because when the price of bitcoin down you will be more losses.

but if you are mining altcoin and reason to try your luck, it is good to save, because altcoin prices can be unpredictable with an increase of up to 1000%
mark coins
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September 22, 2016, 05:19:03 PM
 #927

Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell

Yes don't sell them unless its allowing you to make some profits from it and mining is not profitable for me at a moment so I will prefer to buy them and hold them for future.
bitcoinisbest
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September 22, 2016, 05:19:50 PM
 #928

If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .
Watjila
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September 22, 2016, 05:57:54 PM
 #929

If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .

If you look at the long term trend, the bitcoin price  rises all the time. So it is better to save the coins.
Jiamaf
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September 23, 2016, 06:22:10 AM
 #930

Save it,hold and hope for BTC price to rise,I think now it's more beneficial to hold as BTC has so much room to grow and there's no need to sell unless you have to make cash or something,then sell

That is right. It is better to save most of the bitcoin and some very few to do some investment or trading.
adibe
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September 23, 2016, 09:24:29 AM
 #931

If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .

If you look at the long term trend, the bitcoin price  rises all the time. So it is better to save the coins.

The price of bitcoin is not always increase, the bitcoins' price can decrease too. But, in my opinion, the price of bitcoin will increase in the end of this year 2016. So i think it's better to save it.
JumperX
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September 23, 2016, 09:41:14 AM
 #932

If considering the volatility of bitcoins its never easy to predict and save for furture. Either you will get good profits or a big loss if you save it. rather sell it and get the profits which could help you .

If you look at the long term trend, the bitcoin price  rises all the time. So it is better to save the coins.

The price of bitcoin is not always increase, the bitcoins' price can decrease too. But, in my opinion, the price of bitcoin will increase in the end of this year 2016. So i think it's better to save it.

Saving till the end of the year is the right thing to do and I think buying some at this stage is also affordable as price has gone down in recent days and it can give us some extra profits in future.
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September 23, 2016, 11:31:48 AM
 #933

I advise you to save any coins your mining, because the process is getting harder everyday and is unpredictable. I have 2 examples:

1) I do mining Bitcoins since Dec-2013 and in that time even with expensive hardware, the electricity was cheaper and difficult was extremely low comparing with now. I used to mine ~0.055BTC each day with ~1Th/s. Now... bahhh, you must have 50Th/s.

2) I used to mine Monero with a simple GPU. I used to mine ~10XMR each day. Now (I'm little out of XMR mining) but I think it must be much harder now because the price is extremely higher than 2 years ago.

So... Bro, keep your coins in a safety place and just do mining well done.


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greBit
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September 23, 2016, 02:09:15 PM
 #934

Mining is a bit hard part for me and not affordable too, so I will choose to buy them and save them for future and sell only when bitcoin reaches my target price to secure profits.
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September 24, 2016, 04:44:40 PM
 #935

Mining is a bit hard part for me and not affordable too, so I will choose to buy them and save them for future and sell only when bitcoin reaches my target price to secure profits.

Mining bitcoin require some good skills. It is better to just mine some altcoins with the graphics cards which are more accessible.
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September 24, 2016, 04:54:52 PM
 #936

I won't go for mining as it won't be profitable enough for me to invest in it, so if I see price going lower in coming days then will prefer to buy some and save them for the future.
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September 24, 2016, 06:44:58 PM
 #937

I think saving them up is in the overall smarter because of the fact that the bitcoin is gonna rise to a higher amount without any doubts.
I really have the feeling that they will rise to a higher amount, just save and hold it.
Mr.grin
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September 24, 2016, 07:34:58 PM
 #938

based on my experience of mining coins online, very long time to collect bitcoin. I myself have sold everything, because I think a very long time to collect bitcoin from it, and it really makes me excited. but I do not know if it is a mining offline using special cpu
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September 24, 2016, 07:44:14 PM
 #939

based on my experience of mining coins online, very long time to collect bitcoin. I myself have sold everything, because I think a very long time to collect bitcoin from it, and it really makes me excited. but I do not know if it is a mining offline using special cpu
Yeah it definitely takes time and you have to have the right gear or investment in a cloud where you can get some pretty good BTC but it isn't as easy as the early days.However,I think you can make some pretty good BTC even now if you have the right resources.

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September 24, 2016, 07:59:35 PM
 #940

based on my experience of mining coins online, very long time to collect bitcoin. I myself have sold everything, because I think a very long time to collect bitcoin from it, and it really makes me excited. but I do not know if it is a mining offline using special cpu

I have been mining in the beginning, but at this moment it's not profitable for me so i stop mining a few years ago. The way to get bitcoin at the moment is with altcoin trading or buying and selling bitcoin when the price is very volatile.
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