Mining coins save or sell it? - page 66.

Boosterious

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The mind is everything. What you think you become.

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?

its depedn on how much can you get from mining that coins,daily or weekly,if you can earn many coins,its time to sell that coins,not too good if you hold that coins,but if you just earn little on daily earning,its bad for sell directly after mining.

Corenin

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Quote from: mindrust on May 21, 2016, 06:47:03 AM

Why take the risk? Sell it all while you can profit. Are you sure about the price rise? I am not. I don't believe fairy tales, be realistic. Prices may go up, as they also may go down. Can you estimate why? If you can't, then it sure sounds like gamble to me, and gamblers always lose.

Gambling is not the right way to grow your coins as there is no guarantee that you will make profits from gambling, its better to save for next couple of months and sell when price goes higher.

jt byte

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If I mined I would probably hold them because it is hard to get them this way. So wouldn't want to just sell them off like this.

mindrust

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Why take the risk? Sell it all while you can profit. Are you sure about the price rise? I am not. I don't believe fairy tales, be realistic. Prices may go up, as they also may go down. Can you estimate why? If you can't, then it sure sounds like gamble to me, and gamblers always lose.

pocarime32

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It's depend. If the mining coins is alt coin i will directly sell it because the price of altcoin can suddenly dropped, so better sell it. For bitcoin i save it some.

ObscureBean

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It really depends on the coin you're mining. With altcoins in general (there are a few exceptions) I would say it's best to sell as soon as you can because a lot of them are just pump and dump coins that will probably not be around after a few months. Just watch the market for an opportunity to sell for a reasonable profit but don't wait for months. Bitcoin you can keep of course.

arwin100

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Jack of all trades 💯

Quote from: techgeek on May 21, 2016, 03:37:18 AM

Quote from: CrimBit on May 18, 2016, 02:51:01 AM

Quote from: Dassi on May 18, 2016, 02:28:21 AM

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday Cheesy

i choose to sell if you think the price will be down, and hold if you think price will be rise

This isnt just you lol.

This is probably 90% of the people on this forum, unless they have other investments and already established.

But most I assume are in their 20`s working at a job and trying to get into the scene so they force to sell extra coin to pay bills as well.

I dont do mining because i dont really trust cloud mining nowadays because all of them will turn scam and it can make you cry if you invest in low roi ponzi scheme, and i do selling my coins weekly to have money or allowance that can i use in weekly basis and also to have savings and i dont really see bad thngs in selling coins because thats what we are intended to here, bitcoins is not for display it is used to multiply and earn profit so we can have extra income in online world, and its very helpful.

techgeek

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Quote from: CrimBit on May 18, 2016, 02:51:01 AM

Quote from: Dassi on May 18, 2016, 02:28:21 AM

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday Cheesy

i choose to sell if you think the price will be down, and hold if you think price will be rise

This isnt just you lol.

This is probably 90% of the people on this forum, unless they have other investments and already established.

But most I assume are in their 20`s working at a job and trying to get into the scene so they force to sell extra coin to pay bills as well.

Xestadar

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I mine some bitcoins, I use it to cover my hardware and electricity cost. I do not sell the coins directly.

BitsandBites

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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?

Mining coins is the most profitable way of getting Bitcoins because you do not have to invest in it all the money is yours. Investing is easy and you can make money with it. Saving money is the safest way holding your money.

Icathia

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As you can see there are allot of people who just holding their coins after mining. But the price of the coin
wont increase if everybody is just holding them so i prefer to mine them and sell them directly.

CrimBit

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Quote from: Dassi on May 18, 2016, 02:28:21 AM

Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

and we have some needs everyday so we will sell our bitcoin everyday Cheesy

i choose to sell if you think the price will be down, and hold if you think price will be rise

Dassi

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Save most of it and only sell the amount that will sufficiently meet your needs.

I hope you do not have too many needs Cheesy

CrimBit

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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 must research about your coin before sell it, if the developer will update the coin, maybe new wallet, new feature etc. better to hold it, and waiting the price rising.

Corenin

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Quote from: MaritiJames3 on May 17, 2016, 10:16:15 AM

I think if you mine you can better right now just save them for a later moment and than maybe sell them because the bitcoin has a good future and the price is gonna rise for sure.
So I would recommend the miners to hold till after the halving.

But what I am listening is that mining is not profitable enough at this stage and I am not sure about it as I never been into mining, but buying and saving for future can be the best thing.

MaritiJames3

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I think if you mine you can better right now just save them for a later moment and than maybe sell them because the bitcoin has a good future and the price is gonna rise for sure.
So I would recommend the miners to hold till after the halving.

JeanMcCoy

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The best thing to do with coins you have mined is store them of course. You can also sell them but why are you mining then
just for the money or in the hope you will get rich out of the coins you've mined. So i prefer to hold them and wait for
the best selling price.

Sandroxa

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Quote from: MTBTT on May 15, 2016, 06:32:07 PM

Quote from: Pasutinmeur on May 14, 2016, 07:52:51 AM

I will keep my mined coin for at least 6 months. The price could rise very high after the halving in July.

yeah I agree with you. while waiting for the right price to sell the coin. you can also continue to let the coin was increased due to continued mine. so you can get a greater profit

It would be better for you if you are saving it and sell it later after some 2 years with a huge profit so you can have more money with it and that is perfect.
But the bad thing is that not everyone can wait such a long time and that is bad.

Text

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As we waiting the price increase let's just focus for now on how we can make to grow our coins so when that right time comes we can sell it wisely and much important is to make profit from it. I am also collecting such coins because I believe we can benefit through trading...

MTBTT

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Quote from: Pasutinmeur on May 14, 2016, 07:52:51 AM

I will keep my mined coin for at least 6 months. The price could rise very high after the halving in July.

yeah I agree with you. while waiting for the right price to sell the coin. you can also continue to let the coin was increased due to continued mine. so you can get a greater profit

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