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Topic: Mining coins save or sell it? - page 60. (Read 106756 times)

sr. member
Activity: 406
Merit: 250
June 21, 2016, 06:39:42 AM
Until now we need to do is to save all bitcoin we earned because we prepare for the incoming halving we need more bitcoin to earn more profit in the time of halving.
legendary
Activity: 2464
Merit: 1102
June 21, 2016, 04:56:03 AM
I think that when you mine coins it is not usually very profitable at all to sell it immediately. Rather you should definitely hang onto your coins for a certain period of time and wait till the price rises.

Then you could be making a ton more money.


Agreed with you. When you are into mining, you already have to bear some expenses for hardware and electricity etc and there is very minimum profit after cutting the expenses. So its always better to hold the price till the certain increase in the value of the coins so that you can book some good profit.

Mining is no more profitable now, it will be an expensive affair, its better to collect coins in good numbers and save it for future and sell when price goes higher.
hero member
Activity: 966
Merit: 501
June 21, 2016, 04:34:03 AM
I think that when you mine coins it is not usually very profitable at all to sell it immediately. Rather you should definitely hang onto your coins for a certain period of time and wait till the price rises.

Then you could be making a ton more money.


Agreed with you. When you are into mining, you already have to bear some expenses for hardware and electricity etc and there is very minimum profit after cutting the expenses. So its always better to hold the price till the certain increase in the value of the coins so that you can book some good profit.
hero member
Activity: 924
Merit: 1000
June 21, 2016, 04:06:10 AM
I much prefer to save my coins for now, and yeah the price has fall back from to $750 to $700. Even there is going down, most of us expects to get higher and higher.
Block halving has a big effect in mining indeed, in my opinion it would be weaker because of the reward they can get from it.

Price has gone down drastically in a single day, so I don't think we should sell them now, better choice would be to save it for halving and sell when price goes higher.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 21, 2016, 04:02:45 AM
Coins you have mined can be saved better because you got them for almost nothing and mining is not profitable anymore so just hold them till the end of this year and sell them.
Mining is always profitable because the price now is adjusting to sustain the needs of the miners. So why mining after halving is not profitable anymore  Undecided.
hero member
Activity: 2464
Merit: 594
June 21, 2016, 03:44:12 AM
I much prefer to save my coins for now, and yeah the price has fall back from to $750 to $700. Even there is going down, most of us expects to get higher and higher.
Block halving has a big effect in mining indeed, in my opinion it would be weaker because of the reward they can get from it.
sr. member
Activity: 322
Merit: 250
June 21, 2016, 03:32:36 AM
your mined coins can better be saved because it is not able to mine after the halving you could do it but will go to slow as you have seen after the halving.
hero member
Activity: 910
Merit: 1000
June 21, 2016, 03:28:25 AM
I would just hold them for now if you dont have big mining expenses...

Yeah better thing, saving coins will be the wiser move right now because of what is happening almost from time to time price is fluctuating wait for the best timing and sell it right away when the price went to your desire price.

Yeah this is not the right time to sell, as price has gone down now, so it would be good to save for the halving and sell when we see the best price.
legendary
Activity: 1372
Merit: 1005
June 21, 2016, 03:25:48 AM
I would just hold them for now if you dont have big mining expenses...

Yeah better thing, saving coins will be the wiser move right now because of what is happening almost from time to time price is fluctuating wait for the best timing and sell it right away when the price went to your desire price.
hero member
Activity: 938
Merit: 1000
June 21, 2016, 03:09:34 AM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.
Saving will be now the best option that you can do and that is because the value of Bitcoin is not even that high now and it stay rising so that is really nice for people who already have it.
And it is nice that you can have some profit soon with Bitcoin because it was stable for a long time.

Buying and saving for the future is the best thing you can do now, as price has gone down so try to collect as much as you can and hold for the future or sell when you see higher price.
sr. member
Activity: 336
Merit: 250
June 21, 2016, 03:09:14 AM
Coins you have mined can be saved better because you got them for almost nothing and mining is not profitable anymore so just hold them till the end of this year and sell them.
sr. member
Activity: 364
Merit: 250
June 21, 2016, 03:00:45 AM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.
Saving will be now the best option that you can do and that is because the value of Bitcoin is not even that high now and it stay rising so that is really nice for people who already have it.
And it is nice that you can have some profit soon with Bitcoin because it was stable for a long time.
hero member
Activity: 2366
Merit: 504
June 20, 2016, 09:37:17 PM
I would just hold them for now if you dont have big mining expenses...
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 20, 2016, 08:54:29 PM
I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.
Right when the bitcoin price was like 300 people started to loose their temper and said its the end of bitcoins.
But hey guys, its the rise of bitcoins. If it has gone downs surely will come up with a boom sooner or later.
Those who dump bitcoins and panic during the down times are those who have a weak hands and does not trust bitcoins, now they are already regretting because they let the opportunity to be rich slipped into their weak hands.
legendary
Activity: 1442
Merit: 1025
June 20, 2016, 01:29:42 PM
I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.
Right when the bitcoin price was like 300 people started to loose their temper and said its the end of bitcoins.
But hey guys, its the rise of bitcoins. If it has gone downs surely will come up with a boom sooner or later.
sr. member
Activity: 350
Merit: 250
June 20, 2016, 03:18:15 AM
Every coin that you have now that you have must you save it and that is because there are a lot of people that is now holding it because the value of Bitcoin started to rise.
And that is important because otherwise you are selling it on the wrong moment so you are making some mistakes.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 20, 2016, 02:57:26 AM
sell those garbage they are not worth anything, i would keep only the top 5 altcoin in the marketcap or at worst the top 10

when i was instamining the altsection basically, i remember that i was mining and then selling very quicjly everything on the same announcement thread, very profitable experience

I agree, keep only those who are on the top list else other coin are just for the mine - dump scheme.  I have seen this scenario a hundred times.  A friend of mine used to trade different altcoin, he get profit from trading but make sure he will increase his holdings.  After sometime his holdings become nothing, After a year of keeping the coin to his wallet and forgeting it, he remembered he has this  numbers of altcoins.. and when he checked the thread, they are dead or their value is way low than it was before.
How to check the coins if they are on the top list of trusted coins? Yes I agree that some of the coins are just there to make a manipulative price and profit with it, but i want to know how you guys check the trusted coins around.
Trusted coins is the one which has a stable price, has a decent market value and plans. I think you can check sites like poloniex and see which altcoin's price is stable or in the market for a long time.
hero member
Activity: 2590
Merit: 644
June 20, 2016, 01:10:44 AM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.

It is expected that price will go higher at halving, but what if it doesn't go? The best option is to sell some coins at this stage and secure the profits as we never know what will be the price very next day.
Yeah we are not sure that after halving the price will reached more than $1k. So it's better to observe the price movement now.
hero member
Activity: 952
Merit: 1000
June 19, 2016, 01:52:42 PM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.

It is expected that price will go higher at halving, but what if it doesn't go? The best option is to sell some coins at this stage and secure the profits as we never know what will be the price very next day.
hero member
Activity: 1092
Merit: 523
June 19, 2016, 01:49:41 PM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.
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