Mining coins save or sell it? - page 50.

Jiamaf

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Quote from: fkvidar on August 09, 2016, 05:19:57 AM

Quote from: goldcoinminer on August 09, 2016, 05:08:09 AM

Quote from: tygeade on August 09, 2016, 05:02:31 AM

Quote from: groll on August 09, 2016, 04:51:33 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high.
Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you.

Saving them for future is a good thing, but you also need to take benefits from price fluctuations, sell when its allowing to make some profits and buy again when price drops.

Well, that is the basic principle in trading to make money, we need to follow that no matter what and also in trading we need to control our emotions as it is also risky like gambling. If we have that attitude, surely we can succeed in trading and we will not easily panic and patience is virtue.

Yeah patience is the key in trading, even if price falls you should not get panic and should hold your coins until you are not making some good profits from it.

I trade the bitcoin with some good altcoins. So even if the altcoin price drop, I will not panic, as they will rise in the future.

fkvidar

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Quote from: goldcoinminer on August 09, 2016, 05:08:09 AM

Quote from: tygeade on August 09, 2016, 05:02:31 AM

Quote from: groll on August 09, 2016, 04:51:33 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high.
Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you.

Saving them for future is a good thing, but you also need to take benefits from price fluctuations, sell when its allowing to make some profits and buy again when price drops.

Well, that is the basic principle in trading to make money, we need to follow that no matter what and also in trading we need to control our emotions as it is also risky like gambling. If we have that attitude, surely we can succeed in trading and we will not easily panic and patience is virtue.

Yeah patience is the key in trading, even if price falls you should not get panic and should hold your coins until you are not making some good profits from it.

CrimBit

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Quote from: Kotone on August 09, 2016, 04:43:20 AM

If you are the person with high patience, try to save it and make it as a long term. But if you want cash already, sell it. Keeping it as a long term will make your bitcoin grow larger. Because bitcoin is now rising and everytime there is a halving event, bitcoin price rise upto 20%. So for me, I would rather go with long term rather than selling it already.

save is not easy, im miner, i need fast money for buy new hardware again, then i choose to sell my altcoin in any rate, after my earning enough to buying new vga i withdraw my bitcoin.

goldcoinminer

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Quote from: tygeade on August 09, 2016, 05:02:31 AM

Quote from: groll on August 09, 2016, 04:51:33 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high.
Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you.

Saving them for future is a good thing, but you also need to take benefits from price fluctuations, sell when its allowing to make some profits and buy again when price drops.

Well, that is the basic principle in trading to make money, we need to follow that no matter what and also in trading we need to control our emotions as it is also risky like gambling. If we have that attitude, surely we can succeed in trading and we will not easily panic and patience is virtue.

tygeade

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Quote from: groll on August 09, 2016, 04:51:33 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high.
Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you.

Saving them for future is a good thing, but you also need to take benefits from price fluctuations, sell when its allowing to make some profits and buy again when price drops.

groll

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Activity: 336

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Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high.
Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you.

Kotone

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If you are the person with high patience, try to save it and make it as a long term. But if you want cash already, sell it. Keeping it as a long term will make your bitcoin grow larger. Because bitcoin is now rising and everytime there is a halving event, bitcoin price rise upto 20%. So for me, I would rather go with long term rather than selling it already.

Alubert

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Quote from: Amph on August 08, 2016, 07:00:24 AM

Quote from: miakama on August 08, 2016, 06:55:33 AM

Quote from: sanas on August 05, 2016, 07:56:48 AM

Quote from: Alubert on August 04, 2016, 06:47:02 AM

Quote from: Sponsoredby15 on August 02, 2016, 07:57:53 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

I mine both the ETH and ETC, whichever is more profitable. I sell the ETC as soon as I got it to reduce the risk.

The price trend of the ETC is going down now after the pump. So it might be better to mine just the ETH.

The risk of mining the ETC is the volatility of the price. So you have to time your selling very well to profit.

the diff will adjust so i see no problem, mining is more rewarding than simply buying and hoping for a good trade

there is alkmost zero risk with mining, buying coins instead is only for those that can really afford it

That is true. I have some miners working hard for me. The electricity cost is half the revenue at the moment.

Amph

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Quote from: miakama on August 08, 2016, 06:55:33 AM

Quote from: sanas on August 05, 2016, 07:56:48 AM

Quote from: Alubert on August 04, 2016, 06:47:02 AM

Quote from: Sponsoredby15 on August 02, 2016, 07:57:53 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

I mine both the ETH and ETC, whichever is more profitable. I sell the ETC as soon as I got it to reduce the risk.

The price trend of the ETC is going down now after the pump. So it might be better to mine just the ETH.

The risk of mining the ETC is the volatility of the price. So you have to time your selling very well to profit.

the diff will adjust so i see no problem, mining is more rewarding than simply buying and hoping for a good trade

there is alkmost zero risk with mining, buying coins instead is only for those that can really afford it

miakama

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Activity: 69

Merit: 0

Quote from: sanas on August 05, 2016, 07:56:48 AM

Quote from: Alubert on August 04, 2016, 06:47:02 AM

Quote from: Sponsoredby15 on August 02, 2016, 07:57:53 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

I mine both the ETH and ETC, whichever is more profitable. I sell the ETC as soon as I got it to reduce the risk.

The price trend of the ETC is going down now after the pump. So it might be better to mine just the ETH.

The risk of mining the ETC is the volatility of the price. So you have to time your selling very well to profit.

sanas

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Activity: 546

Merit: 500

Quote from: Alubert on August 04, 2016, 06:47:02 AM

Quote from: Sponsoredby15 on August 02, 2016, 07:57:53 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

I mine both the ETH and ETC, whichever is more profitable. I sell the ETC as soon as I got it to reduce the risk.

The price trend of the ETC is going down now after the pump. So it might be better to mine just the ETH.

Alubert

full member

Activity: 164

Merit: 100

Quote from: Sponsoredby15 on August 02, 2016, 07:57:53 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

I mine both the ETH and ETC, whichever is more profitable. I sell the ETC as soon as I got it to reduce the risk.

Sponsoredby15

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Activity: 644

Merit: 250

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

for me, sometimes, this is good, and some times, it's bad. why good? because you have a higher chance that your saved coins might have big price soon. And why bad? because if you don't have a lot of money, what are you going to spend? it is probably more advised to those who have a lot of money. For them because it's is okay to stock their coins because they have a lot of money.

goldcoinminer

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Quote from: sanas on August 02, 2016, 07:04:48 AM

Quote from: Achargeturry78 on August 02, 2016, 05:17:03 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

i think that saving coins untill 12 months is good because there will be a big chance that the price of bitcoin gets higher in the end of the year. maybe the price of it can grow 2x of what price now so, it is better to save your bitcoin and earn more for you because now a days, the price is not that big. be practical because you do hard work to earn it and you deserve to have a big price for it soon.

That is a good idea. It is better to save the bitcoin for the long term as the price will rise to $900 soon.

Projection without real basis is unrealistic and it will only lead you to a wrong decision in investing your bitcoins. Your statement is very general and all predict that the price will rise to that level but what is important now is we should consider what to do with the price that is falling, whether to buy more or sell our coins.

For investors who have faith with bitcoin will always hold no matter what crisis will happen but for smart investors who would like to take advantage of the price will back will eventually but bitcoins for short time investment.

PayGem

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I think it is not the time to sell your coins, as the price now is at low and at that time everyone will have to buy bitcoins and when the price once again reach to higher level then sell them or use them.

sanas

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Activity: 546

Merit: 500

Quote from: Achargeturry78 on August 02, 2016, 05:17:03 AM

Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

i think that saving coins untill 12 months is good because there will be a big chance that the price of bitcoin gets higher in the end of the year. maybe the price of it can grow 2x of what price now so, it is better to save your bitcoin and earn more for you because now a days, the price is not that big. be practical because you do hard work to earn it and you deserve to have a big price for it soon.

That is a good idea. It is better to save the bitcoin for the long term as the price will rise to $900 soon.

Achargeturry78

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Quote from: TheLastSpicyTuna on November 26, 2015, 03:36:37 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?

i think that saving coins untill 12 months is good because there will be a big chance that the price of bitcoin gets higher in the end of the year. maybe the price of it can grow 2x of what price now so, it is better to save your bitcoin and earn more for you because now a days, the price is not that big. be practical because you do hard work to earn it and you deserve to have a big price for it soon.

Finestream

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Quote from: freedomgo on August 02, 2016, 03:19:33 AM

Quote from: Alubert on August 01, 2016, 04:03:40 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.

Few decade is a long wait and that is only good for the long time investor as they have a lot of money so it is fine with them if there investment will be stock for a long period of time. I believe that is the best way to do to make good profit in the future but not everyone can wait.

Apparently, those who are saving for a long period of time are making money. Like before when the price of bitcoin is pretty cheap, if an investor will just dump their bitcoin once they see a good price then we would not reach at this level now. The current price is really great even though it is falling back a bit.

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Quote from: Alubert on August 01, 2016, 04:03:40 AM

Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.

Few decade is a long wait and that is only good for the long time investor as they have a lot of money so it is fine with them if there investment will be stock for a long period of time. I believe that is the best way to do to make good profit in the future but not everyone can wait.

Alubert

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Quote from: sanas on July 30, 2016, 03:13:38 PM

If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.

I think so. The bitcoin price will rise in the long term, at least in the next few decades. So it is better to save.

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