Topic: BTC Mining vs Buying (Read 4994 times)
until now mined the bitcoin is definitely still profitable, what else with the addition of tools to mine the faster getting a lot of bitcoin. just mining bitcoin requires substantial capital. My advice if you have a large enough capital, better try to mine bitcoin. because that's what I know is profitable. if you don't want to hard, better buy then you hold it until the price goes up and profit.
If I were in this situation that I will choice between this two and I have all the time and money I would rather do the both in the same time. It is because if I will do both I will surely get I huge profit for it. Just imagine that you are mining while buying and selling, it is just you are having two generating tool for your income. But as my current stand which I don’t have money to buy things that are necessary need for mining I am doing buy and selling. But this I promise to myself that if would get a huge profit to by the tool for mining I will do both in the same time and my hopes are so high that this will be soon.
Buying, but you should read more about cloud mining if you re interested in mining. In my opinion it makes more sense then to buy computers for mining, when you can use others instead.
Mining has always been quite expensive, and now, when the price of bitcoin is so low, it is unprofitable.
When I was going to deal with cryptocurrency, I did not even consider the option of mining, as it is long and not very profitable. Very expensive equipment.
It is better to buy. It takes longer time for your investment to return if you go on mining. Bitcoin's price today is increasing fast so if you will buy today, your profit will start to increase as the price of bitcoin increases. Mining bitcoin is also inefficient today, it is just better to buy and buy bitcoin and hold it.
Buying is good than mining, because you don't need worry, you do is to wait for the price will increase and patience. When we compare mining and buying, mining is too much expensive and you not sure if you can gain good profit, because of the equipment and especially the electricity you consume. I think buying is much better than mining and you can sure that your money will earn profit.
In my opinion on that two earning about bitcoin is good and trusted to earn. The diffence of two is the kind of technology you use and the capacity of the time you can spend. Mining is the common use for begginers and investing is the most and big earning of bitcoin.
I prefer buying because its easiest way but make sure you buy it in low price and sell it in high price because when it comes to mining it takes long time before you can make a profit and sometime you cannot get the profit
I would pick buying over mining now because with the dwindling supply of bitcoins, mining is getting more difficult by the day and the hardware needed for mining bitcoins are getting more expensive so its just easier to buy bitcoins yourself.
about buying a bitcoin will think I need a long time to see why we are buying a bitcoin just keep watch every moment of the minute and keep the prices it's for yourself and about a mining you need to work and pocus you needed.
BTC mining and buying are the same. If you are mining bitcoin or buying it during bearish time it will give you less profit for miners and loss for buyers.
Mining was good 2-3 years back. But i don't think mining would be good for now days. I prefer buying. But people should buy it from authentic sources. Buying ia better than mining.
I preffer Buying, It allows you to acquire different coins at a time if so wish, and if you get the right coins then chances of making huge profits are very high. Mining is power consuming and can therefore be very expensive
I preffer Buying, It allows you to acquire different coins at a time if so wish, and if you get the right coins then chances of making huge profits are very high. Mining is power consuming and can therefore be very expensive
I think mining some alt-coin would be good and then trade it into bitcoin, Because they say that it is not really profitable to mine bitcoin nowadays so if you already have a miner then I think you could mine some alt-coin instead of bitcoin
It seems and it is, that bitcoin mining process is getting harder and more costly of energy and resources, so maybe one day, it will be cheaper to just buy bitcoin rather then mine it.
mining as far as I am concerned will still benefit even though the price drops because mining is something special
and to buy also good both equally have their respective advantages if the two things are done even better
and to buy also good both equally have their respective advantages if the two things are done even better
I usually always buy bitcoins, but I'd love to have mining tools to mine altcoins, and that might cost a lot. But very profitable.We can sit sweet and get altcoin for free.
mining we need a lot of equipment and have a high price, but if you buy we can determine whatever we buy according to our financial ability and we can manage the profit we get in the future.
Buying it is more instant than mining that would take time.. And on mining requires equipment to be use and the elecrricity it will consume is expensive so better buy different assets then roll it on exchanger or hold it for long term, it might gives you more profit than mining.
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