Mining coins save or sell it? - page 34.

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Quote from: calkob on December 04, 2016, 05:17:54 PM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

There is noway you can lose on the coins in the medium to long term bar some catastrophe that befalls bitcoin. hold in my opinion.

Holding your coins is always a good option, but you must take into consideration that you have to sell something to cover your mining expenses as well. That's how you operate a business to continue profitable. You lose nothing if you prioritize to pay your expenditures and then just hold the rest.

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Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

There is noway you can lose on the coins in the medium to long term bar some catastrophe that befalls bitcoin. hold in my opinion.

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Quote from: sobsitesearch on November 26, 2016, 09:23:52 AM

Quote from: Jiamaf on November 26, 2016, 07:06:22 AM

Quote from: CraigWrightBTC on November 25, 2016, 12:28:24 AM

If we are mining bitcoin save the coins become good choice because old miners save the coins then price going up, but if we are mining altcoins more good exchange them to bitcoins and always hold it (bitcoin) we just sell for pay electric cost and internet.

If you have other sources of income, and the cost of mining is small part of the income, it is better to save it.

I think for now much better to save all the bitcoin from mining because time to time the bitcoin price was increasing and i think before this year end it will gives us much higher price and that time will be the right time to sell our bitcoin.

Saving them right now is good and I must say that its pretty good to hold them with this price and I think that its gonna be very profitable too.

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Quote from: ArdiPrabowo on December 02, 2016, 09:52:04 PM

Quote from: luthermanhole on November 26, 2016, 11:22:35 PM

I mean I would say save them since btc price go up in a few weeks my doodie

if bitcoin mining is good to save and wait bitcoin price up in high price
but op not say about bitcoin mining, but all coin
if altcoin include, every bitcoin price up altcoin is down, so if altcoin mining is very good is sell it not saving

Honestly, holding your coins is profitable as it's expected to increase its value in the future. However you should select what kind of coins you will be holding as not all coins are legitimate to be a good investment in the future, it my case it's only be bitcoin as my sole investment.

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Quote from: luthermanhole on November 26, 2016, 11:22:35 PM

I mean I would say save them since btc price go up in a few weeks my doodie

if bitcoin mining is good to save and wait bitcoin price up in high price
but op not say about bitcoin mining, but all coin
if altcoin include, every bitcoin price up altcoin is down, so if altcoin mining is very good is sell it not saving

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Bitcoin has turned into a no profitable mining coin for some time, i dont know if now with this value, above the previous 600 dollars, if miners are able to make roi with their mining, but i do believe some people turned on their rigs once again. But altcoins are something that if i had a miner i would focus, atleast for something like 6 monhts since the future will make all altcoins to grow as well bitcoin. The big question is if you can hold your coins and wait better price or if you need the money and be able to roi almost instant.

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Quote from: sobsitesearch on November 28, 2016, 01:36:28 AM

For now much better to save the coins from mining just less the expenses on your mining because the value of bitcoin is now increasing and i know that it would be more higher before this year end.

This is the same situation as when we invest our money and we have reach the ROI but no profit yet, should we sell or hold them, when the value of bitcoin is good then why not selling it, but when the price is low it is better to hold.

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Quote from: Fappanu on December 01, 2016, 03:01:50 AM

Quote from: robelneo on November 29, 2016, 08:45:48 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

You did not mention altcoins that you are mining,but if you are mining coins that are on the top 10 list on coinmarketcap it's going to be profitable in a long run,it's better to check the announcement thread of the coin that you are mining to see if the coin is developing and investors are high..

It all depends on the electricity cost of your miner. At the moment, there are some good GPU coins. But the profit is low.

But i think much better to save the coin from mining just only less the expenses the rest put it in savings because as for now bitcoin progress start to go faster it will take much higher price before this year was end.

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Quote from: robelneo on November 29, 2016, 08:45:48 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

You did not mention altcoins that you are mining,but if you are mining coins that are on the top 10 list on coinmarketcap it's going to be profitable in a long run,it's better to check the announcement thread of the coin that you are mining to see if the coin is developing and investors are high..

It all depends on the electricity cost of your miner. At the moment, there are some good GPU coins. But the profit is low.

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Quote from: TheLastSpicyTuna on November 26, 2015, 02:36:37 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?

You did not mention altcoins that you are mining,but if you are mining coins that are on the top 10 list on coinmarketcap it's going to be profitable in a long run,it's better to check the announcement thread of the coin that you are mining to see if the coin is developing and investors are high..

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For now much better to save the coins from mining just less the expenses on your mining because the value of bitcoin is now increasing and i know that it would be more higher before this year end.

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Quote from: error08 on November 27, 2016, 11:24:29 AM

Quote from: TheLastSpicyTuna on November 27, 2015, 02:42:47 AM

Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.

Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?

Look at this man, he didn't talk about mining bitcoin but others coins and for miners it's good to hold it for a while until the coin quite valuable before sell them to cover the start-up funds. I think he did it well and have a good point in the end.

Respect his decision, he believe what he is holding will give him good value in the future. It's risky but it can give you good income if you are willing to take risk. However, in my case I will only hold bitcoin on that matter.

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Well the strategy is to make money, if you able to sell your coins, at get profit doing such why not to sell them? I hadnt mined any altcoin, i purchased directly i had regret sold gamecredits as well other altcoin for any ammount because i just wanted to achieve profit, i could had made 4-10x more mine investment but as a daily trader i do need capital to follow the market, soo if its green i can sell and moove into another, there is a rule to say when to sell, but you should hold and expect bigge value if the coin has stability and support.

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Quote from: TheLastSpicyTuna on November 27, 2015, 02:42:47 AM

Thanks for all replay, what i mean is, i mining right now a lot of diff coins like DogeCoin, LiteCoin, TakCoin, TitCoin and lots more.

Will it be good to save it, our shut i sell it now? i do it on hobby base and if i sell it now i don't earn so much on it right now, so i think if i save all my diffient coins i have mininet to later, ist that a good point?

Look at this man, he didn't talk about mining bitcoin but others coins and for miners it's good to hold it for a while until the coin quite valuable before sell them to cover the start-up funds. I think he did it well and have a good point in the end.

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Quote from: sobsitesearch on November 26, 2016, 09:23:52 AM

Quote from: Jiamaf on November 26, 2016, 07:06:22 AM

Quote from: CraigWrightBTC on November 25, 2016, 12:28:24 AM

If we are mining bitcoin save the coins become good choice because old miners save the coins then price going up, but if we are mining altcoins more good exchange them to bitcoins and always hold it (bitcoin) we just sell for pay electric cost and internet.

If you have other sources of income, and the cost of mining is small part of the income, it is better to save it.

I think for now much better to save all the bitcoin from mining because time to time the bitcoin price was increasing and i think before this year end it will gives us much higher price and that time will be the right time to sell our bitcoin.

yes i am agree with you. i also think that saving will be more good than selling it, as the price is really increasing continuously, and hope that this time going to cross all his previous records.

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Quote from: luthermanhole on November 26, 2016, 11:22:35 PM

I mean I would say save them since btc price go up in a few weeks my doodie

yes it will go up in a few weeks but still its not stable so selling it is a necessary also to do. but im currently saving all my bitcoins then cash it out when the price goes up . and if the price drop im gonna invest a lot because i know the price will go up in a few weeks like you said.

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Quote

After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?

Its not just about supply, there is competetion for the available demand on this kind of product. It is possible bitcoin leaks some market share to similar products, even the banks ideas of modern currency solutions could take off though they seem quite restrained in their scope for now.

Bitcoin doesnt have to go up, I imagine it does so long as it continues to evolve because this is the true nature of techonology. Early ideas arent always around to cross the finish line as they lose too of their lead along the path.

Saving coins till you find a suitable purchase is reasonable then you are taking part in several parts of the economy and hopefully something from each process

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Quote from: Vhern on November 26, 2016, 11:30:33 PM

We are just in the second halving and the price are already on $700+

After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?

I believe that nowadays miners are holding a giant amount to sell in a long future or use it to buy stuff since until there will be more places that accept the coin.

Today miners will be "kings" tomorrow, thinkg about that.

I also think about that as they already knew what future will come for them in terms of holding their coins for sure if they keep it and hold for some more years time already showed how bitcoin value become with just 4 years more or less.

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We are just in the second halving and the price are already on $700+

After some years the blocks will give a really low reward, can you imagine how much bitcoin will worth?

I believe that nowadays miners are holding a giant amount to sell in a long future or use it to buy stuff since until there will be more places that accept the coin.

Today miners will be "kings" tomorrow, thinkg about that.

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I mean I would say save them since btc price go up in a few weeks my doodie

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