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Topic: Mining coins save or sell it? - page 22. (Read 106756 times)

legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
June 29, 2017, 04:58:09 AM
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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits.

That's right bitcoin holds the great future ahead and it has started to gain popularity across the globe and in future when new users will join the community it will take the price of bitcoin to very high level so the best thing at a moment is to save them for future to gain higher profits when price will go higher in coming years.
But if we get bitcoins from mining, there is a cost that we have to covered then we have to sell it no matter the price is down or up because there is no reason not to sell it. unless you are sure in the future the prices will higher than the current price and you've more funds to cover mining costs.
hero member
Activity: 938
Merit: 500
June 29, 2017, 03:37:02 AM
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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits.

That's right bitcoin holds the great future ahead and it has started to gain popularity across the globe and in future when new users will join the community it will take the price of bitcoin to very high level so the best thing at a moment is to save them for future to gain higher profits when price will go higher in coming years.
sr. member
Activity: 560
Merit: 257
June 29, 2017, 03:36:05 AM
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?
Well i guess you are mining some altcoin? In that case i guess it is always better to keep, than to sell. Because from what we know, prices has always gone up till now. So in long terms that coins will be worth even more in future than in present. I know many cases where people had saved their coins, and they did not regret it afterwards. If you do not need money right now, than save it.
hero member
Activity: 686
Merit: 500
June 29, 2017, 03:25:44 AM
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?
Unless you have a desperate need for money,don't sell you coins especially bitcoins.Bitcoin price is expected to reach higher prices in the upcoming years since most countries have started legalizing bitcoins and mass adoption of bitcoins is taking place all over the world.Better store them to get huge profits.
hero member
Activity: 798
Merit: 500
June 22, 2017, 07:14:11 PM
After dropping 50% of your balance if the price is still dropping or starting to drop, then you can sell the other half.  If the price is still rising, you can wait or sell again or split the remainder in half again.

By selling half, you have sold at X price and made some money.  If the price bottoms out in seconds, you still got some money out before the fall.  If the price is shooting through the sky, then you sold half at a low rate, but have the other half for the continued rise.

If you are desperate for money, then you liquidated half an investment versus an entire investment. Both option of saving and selling of mining coins are ok, depends upon condition of miner.
You are right that it will depend on his needs if he will need money then he will have to sell them or use them for his needs and if he do not need them then he do not need to spend them as the price of it will increase. If he is mining altcoins then he have to convert them to bitcoin as it is more secure.
sr. member
Activity: 429
Merit: 250
June 22, 2017, 06:12:21 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few.
You first need to decide how to deal with the crypto currency and if there is a desire not to sell but the bed is your crypto currency which has prospects.
hero member
Activity: 3080
Merit: 603
June 22, 2017, 04:21:20 PM
The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few.

Bitcoin mining's profitability is still there but the difficulty has increased. Saving and selling it is a normal cycle in the crypto world and in bitcoin, you won't get profit if you are not going to sell. Personally, I just want to save my bitcoin for years and after seeing the price increase I will going to sell it for my needs and dreams.
full member
Activity: 164
Merit: 100
June 22, 2017, 03:54:45 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The difficulty of the bitcoin mining is rising fast, so it might be better to save a lot and sell a few.
sr. member
Activity: 574
Merit: 252
June 21, 2017, 07:37:03 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.
There is risks involved when it comes to mining bitcoin,the initial cost to fund for a farm is really huge,and that being said if you could manage to bear that investment then you are good to go,if not you have to sell the coins to cover the initial costs and then i would save my coins for the future,either way i will be actively trading with the coins and will do according to the market sentiments.
sr. member
Activity: 462
Merit: 250
June 21, 2017, 04:45:06 PM
I think you should save as much as you can and hold your savings for a long time so that your savings can grow alongside Bitcoin and you can earn the maximum out of your investment. Selling now will only be reducing your profits.
legendary
Activity: 1148
Merit: 1048
June 21, 2017, 03:24:25 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved.
Mining coin also can be considered as an investment so coin should be kept for the better output...

That is what I am doing. I save most and spend some.
The miners are saving coins for a future purpose that is why the demand is increasing in the market, and the price is increasing. If they sell and make money, then we can not see this much increase in bitcoin price. I am not minor but let me try these many people said it is more profitable. But I need big capital that I don't have. Let's see when I will create my first rig and start to save bitcoins.

Slightly off topic, I remember reading an article somewhere saying shady types were paying a small premium on 'virgin' coins, that is, coins that have not been moved extensively since they were mined, sold on paper wallets. I assume this would be one of the ways to remain truly anon, it seems a little over the top to me. Is anyone aware if this is still a thing?

This might be some Reddit bullshitery, but I feel like I came across this on one of the bitcoin news sites.
legendary
Activity: 1428
Merit: 1000
June 21, 2017, 02:48:22 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved.
Mining coin also can be considered as an investment so coin should be kept for the better output...

That is what I am doing. I save most and spend some.
The miners are saving coins for a future purpose that is why the demand is increasing in the market, and the price is increasing. If they sell and make money, then we can not see this much increase in bitcoin price. I am not minor but let me try these many people said it is more profitable. But I need big capital that I don't have. Let's see when I will create my first rig and start to save bitcoins.
newbie
Activity: 69
Merit: 0
June 21, 2017, 01:51:35 PM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved.
Mining coin also can be considered as an investment so coin should be kept for the better output...

That is what I am doing. I save most and spend some.
hero member
Activity: 826
Merit: 529
June 21, 2017, 06:04:32 AM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
From my point of view that, mining coin should be used for the future purpose, if you want to keep it for the future then it will bring to you massive amount of money, so Bitcoin mining should be saved.
Mining coin also can be considered as an investment so coin should be kept for the better output...
full member
Activity: 186
Merit: 100
June 21, 2017, 04:36:47 AM
Better of course, at least a small part of the future, or even better to invest to get more profit, but you need to be careful not to get into a scam.
newbie
Activity: 58
Merit: 0
June 21, 2017, 04:23:56 AM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.

The main risk is the rising difficulty. It has risen a lot recently. It might be better to just buy and hold.
sr. member
Activity: 434
Merit: 250
June 21, 2017, 12:08:49 AM
Mining in bitcoin is indeed a source of income that has little risk of loss if compared with trade.
It might be better if mining results from bitcoin are kept as a form of investment.
hero member
Activity: 3052
Merit: 606
June 20, 2017, 10:41:58 PM
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?
We all knew that saving coins or bitcoin in along term was a good methods to do for us to gain big profit in the right time to sell it once
it reach the high peak level of price that we are waiting for it,  its for my perception only.
That's should how miners think about there mined coins as the possibility for the price to rises up beyond the expectations there's no impossible in terms of hyping the only matters is how long it will take but its still their options to cover their expenses.
They have the best opportunity to acquire coins because they earn it from their mining operation, it would be wise that they should not sell it right away. If an investors has that kind of mentality, how much more a miners, it will surely give more benefits if you hold it.
As long as you reward something for yourself and pay all the expenses to continue your operation, it would be good already, the reward is more promising in the future.
legendary
Activity: 2982
Merit: 1028
June 20, 2017, 10:32:49 PM
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?
We all knew that saving coins or bitcoin in along term was a good methods to do for us to gain big profit in the right time to sell it once
it reach the high peak level of price that we are waiting for it,  its for my perception only.
That's should how miners think about there mined coins as the possibility for the price to rises up beyond the expectations there's no impossible in terms of hyping the only matters is how long it will take but its still their options to cover their expenses.
sr. member
Activity: 854
Merit: 252
June 20, 2017, 10:29:28 PM
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?
We all knew that saving coins or bitcoin in along term was a good methods to do for us to gain big profit in the right time to sell it once
it reach the high peak level of price that we are waiting for it,  its for my perception only.
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