I just sold small part of it to sustain my expense and wouldn't sell it until next years halving.
That is a good strategy. The price might rise before or after the halving. But if bitcoin has bright future, why sell at any price?
Topic: Mining coins save or sell it? - page 85. (Read 106756 times)
That is a good strategy. The price might rise before or after the halving. But if bitcoin has bright future, why sell at any price?
I just sold small part of it to sustain my expense and wouldn't sell it until next years halving.
If you are able to make profits out of selling your bitcoins at the time, you should go for it. I would advice you not to sell it all at once, you could sell 60% and hold 40% of your bitcoins. You never know if the bitcoin price will rise or not, so you should always have some bitcoins holding back.
It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
absolutely zero incentive to sell and rebuy it though, assuming you mean to trade it on an exchange, you would lose out one hundred percent of the time from the trading fees on the exchange. spend it if you want to, buy it if you need to. That's correct. Never can be trusted in trading bitcoin. No one can predict how would go the price of bitcoin in time. Can happen with the same probability whether the up and ump and whether only the increase of price and the remaining of it in that point in which is arrived. That does it mean that hoping a sure (or almost sure) trade with the aim to increase the amount of the coins sold in a certain moment may bring in the lose of all the bitcoins sold. Cannot be never predicted the price of bitcoin. Period.
Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
As uh... Lagsalot said,
Bitcoin is bound to go up. Sure, people say it's deflationary, but just think. After 21 million coins, bitcoin's amount will be static, even decreasing, because of the list coins out there. This is why I'm buying coins for my gf this Christmas
What a nice decision! I don't know why I didn't think about that myself. You should consider maybe buying a physical one. Anyway your gf has chosen the right guy, pass my regards to her:)
Depends if you're in need of fiat to pay bills or not. If not I would just save it if I was you. You could hold it until you can make a lot of profits. I would say save up for 6 months up until 1 year. Keep an eye out for the bitcoin price though, you might miss out if you don't keep up with the latest bitcoin price.
I think better kept, if you need the money then sell, but if not better stored only once, might bring benefits in the future 
It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
absolutely zero incentive to sell and rebuy it though, assuming you mean to trade it on an exchange, you would lose out one hundred percent of the time from the trading fees on the exchange. spend it if you want to, buy it if you need to. 
It completely depends upon many factors I would be seeing, such as the time, as these months ain't good currently for selling based on what is going to come in future, I am talking about halving...
So, based on the same, I won't sell my coins if I would be mining...
So, based on the same, I won't sell my coins if I would be mining...
It is better to save 60% of your bitcoin and spend the rest. After you spend it, buy it back to make the bitcoin circulate.
Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.
I am believing the same As bitcoin will reach more than 500$ But unfortunately today bitcoin fall nearly 10$ today. When price will bounce to more than 500$ dude according to your prediction because some of the chart and prediction say It ll fall on January and some prediction are It will cross more than 500$
Sell everything, cause it is deflationary!
But BTC price is going upwards. Holding is better because he can sell later for more price.
There are 2 points you should never sell your coins. First when the rally starts, second when the price is in all time low.
Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.
Better off that he waits until we hit new ATH next year and then sell his coins! He might get triple amount of money for his coins!
Wait till the BTC price is up to around the $500-$600 mark I'd say, because right now I believe the BTC is still going to go up, and for a while too.
Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
As uh... Lagsalot said,
Bitcoin is bound to go up. Sure, people say it's deflationary, but just think. After 21 million coins, bitcoin's amount will be static, even decreasing, because of the list coins out there. This is why I'm buying coins for my gf this Christmas
Are you mining solo, or in a pool? Because I highly doubt you'll mine a block solo. Even with a couple of antminers.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
Mining in a pool won't be profitable either, so many people are mining alongside you.
But id recommend holding your coins (if your talking about bitcoin), as theyre +EV. So obvious they don't be going down soon, the only reason they dropped last time, was because of MT Gox. Screw them.
It's your decision to sell or save it, but if you can save then this is better, because you can except a profit when the price increases.
Well do what is good for you. For me I will just hold it and wait for increase.
So that later I can get profit. That would be nice, but mining is so much power and money.
So that later I can get profit. That would be nice, but mining is so much power and money.
If you are only saving to sell out and forget about bitcoin, you won't earn much. It's far better alternative to re-buy after the increase you
sell it on. That way you get both fiat and btc, or increase btc holdings if you're all in on crypto.
imho, selling at these prices is not a good idea, it's too risky and could leave you behind, so maybe better just save and hoard for now.
cheers
Well do what is good for you. For me I will just hold it and wait for increase.
So that later I can get profit. That would be nice, but mining is so much power and money.
So that later I can get profit. That would be nice, but mining is so much power and money.
I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.
It is a good advice. I will just use the portion which I will convert to buy goods directly. Converting costs money.
i would use bitcoin to buy the goods direclt ywithout evne converting, you can have discount if you use bitcoin instead of dumping for fiat
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