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Author Topic: Mining coins save or sell it?  (Read 106756 times)
AicecreaME
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October 05, 2016, 08:06:38 AM
 #981

If you mean coins like altcoins, litecoins, and bitcoins and the other cryptocurrency, well, if you're mining bitcoin right now my only advice to you is not to sell it because you won't earn a profit from it right now because it's price is too low right now. You have to wait 'till it's price will go high again and then when that time comes you can sell your bitcoins to have a huge profit from it but it's still your choice if you're gonna sell it though, just my opinion.
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October 05, 2016, 08:09:07 AM
 #982

if the price of that's coin very low like ethereum classic now, i think holding the coin is better than sell it, we can get double profit with holding it.
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October 05, 2016, 09:32:30 AM
 #983

if the price of that's coin very low like ethereum classic now, i think holding the coin is better than sell it, we can get double profit with holding it.

Agree with this  etc  have  low price as of  now  its better  to  hold  it than to sell  it  at the current price,i agree  we would  make  profits out  of it  in future times.

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October 05, 2016, 09:46:59 AM
 #984

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.
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October 05, 2016, 10:17:44 AM
 #985

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.
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October 05, 2016, 12:12:33 PM
 #986

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

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October 10, 2016, 05:18:07 PM
 #987

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

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October 11, 2016, 04:10:22 AM
 #988

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.

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October 13, 2016, 08:29:35 AM
 #989

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.

You can mine the altcoins and then convert them to the bitcoin. It is better to hold the bitcoin.
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October 13, 2016, 08:35:48 AM
 #990

If the coin is bitcoin i prefer to save it, but if the coin is alt coins i prefer to sell it all. Because i'm a person that don't like risk and i prefer sell the coins when the price still good than save it.

There is no point in saving altcoin for long term as the future of altcoin is unpredictable and holding them longer can be risky as it may disappear even at the next day which can bring loss for us.

You are right chief, theres  no point to save up  some altcoin but still i do save eth and monero which  i could say that these altcoin have   potential to grow  even more on the future just  like what  bitcoin did in previous years ,.

You can save some good coins. Examples are the Ethereum, Dash or the Monero. They have good developments.

They are good alt coins but for me if you are going to save alt coins then why not save to hold the primary crypto currency of all time.

And that is going to be with bitcoins, go with what's on the pick but if you are having hard time to save with bitcoins.

Then alt coin is going to have the chance of making you good alternative for saving it.

You can mine the altcoins and then convert them to the bitcoin. It is better to hold the bitcoin.

True, in addition sell in high and hold bitcoin. But some altcoins that trusted in, I save it.

hendra147
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October 13, 2016, 09:00:31 AM
 #991

if you have money to pay the electric fee, i recomended to hold your bitcoin and pay the electric fee with your cash.
but if you want to calculate the profit every month, and mining is the main job, better to selling it every month or maybe every week.
JumperX
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October 13, 2016, 09:21:04 AM
 #992

if you have money to pay the electric fee, i recomended to hold your bitcoin and pay the electric fee with your cash.
but if you want to calculate the profit every month, and mining is the main job, better to selling it every month or maybe every week.
Yes and I think saving is the best option at a moment as price is not too high at a moment so selling won't be profitable so its better to hold them and sell when the right time comes.
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October 13, 2016, 09:29:17 AM
 #993

If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
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October 13, 2016, 11:52:18 AM
 #994

If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
whether it's profitable or not only could be calculated by seeing any factors,how much the electricity you use for mining,how's the current price,or even how much maintenance fee you spent every month on your rigs,it's not just about selling coins

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October 15, 2016, 05:42:57 PM
 #995

If you still have mined coins i shuld sell them because i know that mining for now is not very profitable so you have to sell your mined coins to make profit out of it maybe sell them ;ater and you will cause lose.

Selling the coins you mined can be profitable anytime now as the price have just went up but did not come down yet, and if someone still wants to have more profits out of that then he should wait for some more time holding the coins.
whether it's profitable or not only could be calculated by seeing any factors,how much the electricity you use for mining,how's the current price,or even how much maintenance fee you spent every month on your rigs,it's not just about selling coins

The bitcoin for the home mining is getting less and less profitable. It seems the difficulty keeps on rising.
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October 16, 2016, 11:35:37 AM
 #996

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

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October 16, 2016, 11:43:43 AM
 #997

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
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October 16, 2016, 11:51:17 AM
 #998

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

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October 16, 2016, 11:53:54 AM
 #999

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
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October 16, 2016, 12:12:54 PM
 #1000

All things being equal, there are far more profitable coins to mine than Bitcoin with a set amount of computing power. Mining bitcoins requires ever-new and expensive asics, which continually degrade into obsolescence over time. I'm not sure mining is worth it for any but the largest players.

Mining process needs the investment of your money and huge consume electricty to mine the bitcoins. However we to pay for electricity So we sell some bitcoins for the mining use and balance you can hold your bitcoins.
Because that is a business and every business needs to have a capital so you can operate, the big problem with mining nowadays is the mining difficulty of bitcoin has increase and in order to mine a good number of bitcoin you also need to bear the big electrify expenses, hence it will make unprofitable for ordinary miners.

That's right mining is not profitable for all, only those with good capital and low electricity cost can afford it, best choice would be to buy them and save it for future and sell when you are making profits from it.
Yeah thats right, You can earn bitcoins but its too long to have a profit, Electicity is the only problem in mining cause the electric energy is expensive, The electric componies will earn morethan the bitcoins you will earn, Better to find other ways to earn bitcoins
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