Quote from: lister storm on August 10, 2016, 03:46:47 PM

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

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

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

Quote from: groll on August 09, 2016, 08:51:33 AM

Quote from: sanas on July 30, 2016, 07:13:38 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.

with patience you can achieve a lot of great things, the price will sooner or later come back up so if it drops just dont sell it because of the panic

Exactly we should have faith in bitcoin and its future, so even if we see price drop at a moment then also we should keep our coins intact for future to earn higher profits.