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Author Topic: Mining coins save or sell it?  (Read 106756 times)
Nascor
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October 12, 2017, 09:51:12 AM
 #1541

I'd recommend that you hold whatever you earn from mining. BTC is on a bullish trend right now and surpassed 5k recently (which might be as well a good indicator to sell), but as you've already had costs incurred (electricity) from mining, you're better off holding it for a while and let it appreciate even further. Try to set yourself a timelimit, or timeline on when you'd like to cash out, instead of having to ask each timer whether to buy/sell
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October 12, 2017, 10:01:01 AM
 #1542

I am currently holding my coins what i have mined. With my cpuminer it is not much but i think that bitcoin will double so it is worth to not selling them.

I will buy a good gpu for mining if i made my profit in the future. This will allow me to make more money.
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October 12, 2017, 10:05:11 AM
 #1543

Of course this is a risk whether you sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope you will not choose one of them
another thing to consider before start mining alts better to understand the road map and the significance of certain project whether if there's a real
uses along the way, holding those that have a great future and adn a good back up dev will assure us to gain much bigger profits while holding our rewards
but the risk still there that we select project that will turned into scam and haven't got any value at the end.


Bitcoin is the better in the investing process and enabling the mining. It will give more profit mining is the best way to process the internet. Mining is the better the best way to get more income. Mining I save the bitcoin for the future investing process and I get more information to the mining. Mining is helping to future business processes

Mining altcoin today is very difficult because competitions of the same platform are involve. I agrees that mining bitcoin for a long term will really make a profit specially for the future of the bitcoin. I have already lost a lot in some altcoin thats why I focus now on bitcoin because of its potential to increase its value this last quarter
Mining is a fast way to get coins but i think it is better if you just earn them or invest because you can only mine if you have a lot of money to invest in the mine and if you can get that money back eaysily.
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October 12, 2017, 10:56:42 AM
 #1544

Of course this is a risk whether you sell or not, but in the end some currencies will be described as garbage and they will lose value, I hope you will not choose one of them
another thing to consider before start mining alts better to understand the road map and the significance of certain project whether if there's a real
uses along the way, holding those that have a great future and adn a good back up dev will assure us to gain much bigger profits while holding our rewards
but the risk still there that we select project that will turned into scam and haven't got any value at the end.


Bitcoin is the better in the investing process and enabling the mining. It will give more profit mining is the best way to process the internet. Mining is the better the best way to get more income. Mining I save the bitcoin for the future investing process and I get more information to the mining. Mining is helping to future business processes

Mining altcoin today is very difficult because competitions of the same platform are involve. I agrees that mining bitcoin for a long term will really make a profit specially for the future of the bitcoin. I have already lost a lot in some altcoin thats why I focus now on bitcoin because of its potential to increase its value this last quarter
Mining is a fast way to get coins but i think it is better if you just earn them or invest because you can only mine if you have a lot of money to invest in the mine and if you can get that money back eaysily.
Mining is a good way to get some coins but it cost a lot of money and i think that it is not a good idea to start for a newbie to put his money on because it will take a lot of money and time before you can say that you are getting profit because that will be for too long. It is better to try trading first and make your bitcoin grow in that exchange and wait for the right time when you will have a lot of bitcoins that you can invest in mining and other business.
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October 18, 2017, 10:19:47 PM
 #1545

I mine the bitcoin indireclty from mining the altcoins. I use the bitcoin at times to purchase factors. I conserve the relaxation.
lvincent
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October 18, 2017, 10:43:15 PM
 #1546

Check out the coin that you mined if it has a potential to increase  thru coming years do your research about the coin trust your decision if you think that it has a potential take the risk and hodl it, unless you really need money for your needs then it is better to sell it than hodl it cause no one can say what's gonna happen next in the market cause all of the coins are volatile.

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October 18, 2017, 10:44:09 PM
 #1547

As for me if ever i will mine the coin that i will be getting in Minining will be going to my Cold Storage. I think it will be better if you will save coin because as we can see Price of the coin changes every month and it is usually going up than going down. So keeping the coins will make you profit even more in the future.
Really? I haven't tried the cold storage and what's with that?Well,if I mine I will save my coins becauss I know how important is earning a kind of coin. Everything that has a value for me is too important so I must keep it or even safe it. I don't mind how small it is because I know where big things starts from. I always think the postive sides of each coin and it plays different functions as well. Therefore,I won't be that picky in terms of earning any coin. Everything has its purpose and importance. Therefore,make use of it while it is still there. So I don't sell mining coins.
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October 18, 2017, 10:56:01 PM
 #1548

It depends in your situation,if you really want it so badly then you must sell it but for emergency purpose only.But if you want a more profit better to save it and monitor your coin at least a week.Decision making is such a pressure to do but if you have a cleare mind maybe you can do more profit and decide whats the best thing to do.
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October 18, 2017, 11:03:25 PM
 #1549

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 what you are saying is that your thinking about saving bitcoin, then I think you are on the right track, keeping bitcoin in a long term maybe even a year will give you a very nice result. But if what you are talking about are altcoins, them having a keen observation and study about the coins which you are holding is higly needed.

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October 19, 2017, 02:55:39 AM
 #1550

In my own opinion, that will depending on how you spend of use your coins. If you are using your coins to sustain your life then just exchange enough coins to pay the electricity consumption and the rest will be your savings. because everyone know's that holding a coin for a very long time will give a lot of profit.

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October 19, 2017, 03:25:33 AM
 #1551

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 what you are saying is that your thinking about saving bitcoin, then I think you are on the right track, keeping bitcoin in a long term maybe even a year will give you a very nice result. But if what you are talking about are altcoins, them having a keen observation and study about the coins which you are holding is higly needed.
Majority of altcoins are not performing because one can easily make a project and conduct and ICO but only few have the legitimate project who
are for long term. We need to study not only for altcoins but also for bitcoin as the market is changing from time to time.

 
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October 22, 2017, 08:06:48 AM
 #1552

If you want to adhere to my view, i will advise to preserve it since we see that the bitcoin value is continue rising and also several users saying that it truly is far better to help save our coins than selling it now.
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October 23, 2017, 02:46:48 AM
 #1553

I mining etherum, for get more ethereum i need to sell my earning to acquire new VGA then i can get maximum hash and commence get ethereum as much as possible.
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October 23, 2017, 03:49:03 AM
 #1554

I mining etherum, for get more ethereum i need to sell my earning to acquire new VGA then i can get maximum hash and commence get ethereum as much as possible.
When you are in mining you focus on mining, you can increase your holdings if you will improve your mining rig so you can mine more.
Also, bear in mind that ETH is the best in altcoins and it could be as successful as bitcoin in the future so we have to consider the future by saving some and consider it as our investment.

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October 23, 2017, 06:29:15 AM
 #1555

I mining etherum, for get more ethereum i need to sell my earning to acquire new VGA then i can get maximum hash and commence get ethereum as much as possible.
When you are in mining you focus on mining, you can increase your holdings if you will improve your mining rig so you can mine more.
Also, bear in mind that ETH is the best in altcoins and it could be as successful as bitcoin in the future so we have to consider the future by saving some and consider it as our investment.

For the mining results, I will always sell it because every month always get the income, the allocation of mining products that I will use to buy bitcoin and for the need of mining treatment on a regular basis, nothing is more important if we set the portion and needs in accordance with each source income.

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October 23, 2017, 06:40:27 AM
 #1556

I mining etherum, for get more ethereum i need to sell my earning to acquire new VGA then i can get maximum hash and commence get ethereum as much as possible.
When you are in mining you focus on mining, you can increase your holdings if you will improve your mining rig so you can mine more.
Also, bear in mind that ETH is the best in altcoins and it could be as successful as bitcoin in the future so we have to consider the future by saving some and consider it as our investment.
If you will have a lot of money rigs then you can just mine ethereum because i agree that ethereum can be successful like bitcoin and investing into it by having a miner that will give you consistent payout in the form of either bitcoin and ethereum is the best. Just hold your income in mining and only convert the right amount of fiat that you will be paying in your bills or expenses in mining rigs and the rest should be saved in hardware wallet.
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October 23, 2017, 09:49:52 AM
 #1557

I mining etherum, for get more ethereum i need to sell my earning to acquire new VGA then i can get maximum hash and commence get ethereum as much as possible.
When you are in mining you focus on mining, you can increase your holdings if you will improve your mining rig so you can mine more.
Also, bear in mind that ETH is the best in altcoins and it could be as successful as bitcoin in the future so we have to consider the future by saving some and consider it as our investment.
If you will have a lot of money rigs then you can just mine ethereum because i agree that ethereum can be successful like bitcoin and investing into it by having a miner that will give you consistent payout in the form of either bitcoin and ethereum is the best. Just hold your income in mining and only convert the right amount of fiat that you will be paying in your bills or expenses in mining rigs and the rest should be saved in hardware wallet.
You have the freedom whether you will sell it or you will hold it, bitcoin might be the most profitable in the market but it's not the most profitable to mine but as bitcoin continues to appreciate its value, altcoins will follow. Running is mining rig is not easy, you have to pay for the expenses and maintenance but with careful planning you will be profitable and if you can pay your expenses from your mining reward, it would be better to keep the rest for long term.

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November 04, 2017, 12:47:26 PM
 #1558

I think conserve it, for me that is the greatest way to earn money due to the fact this is crypto world and in this globe it is total of surprises. We just want to have a lot of tolerance when keeping and who understands the cost will skyrocket in the future.
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November 05, 2017, 05:40:21 PM
 #1559

If you wish to follow my opinion, i will suggest to save it because we have seen the bitcoin price is continue increasing and also many users saying that it is easier to conserve our coins than promoting it now.
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November 05, 2017, 05:54:50 PM
 #1560

If you care about the long term? Save it wait for the changes in price of bitcoin and I can sure you will make a lot of profit from it. However, short term only? selling it is your only way Grin

True selling mined bitcoins will not make you cut losses or anything you would just get the same value from your bitcoins from when you mined it. But holding it would have a better chance of gaining more profit the only risk is the uncertainty of the market and when you need those coins but most likely they will eventually happen a year or so you will just have to wait and try to monitor the market.

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