I prefer to buy bitcoin directly.
Because mining bitcoin requires a lot of capital investment.
I don't have enough money to buy equipment to mine bitcoin.
It takes time to dig into bitcoin.
Topic: BTC Mining vs Buying - page 13. (Read 4994 times)
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
I think the answer to this question would depend on the your current financial capability. If you dont have enough money to set up mining rigs then you can go for small buys of btc. But if you can set up rigs, then go for it. Less the hassle and maintenance and steady profit unlike with trading that has a high volatility rate.It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Buying bitcoin is easier if you have money in your wallet and aside from that it is commonly done by others. About mining of btc, you will need a mining hardware which is very expensive. Some says that mining is not profitable today but I don't think so because through this process you will earn an income continuously without making an effort too much.
Buying is easier if you have money, but you can loose money if exchange rate will reduce. But while mining you need some affords, but you will worry less about exchange rates.
I think that it is better to do both because that is like having two assets from buying a mining rig for bitcoin that will give you passive income and also bitcoin that will give you an asset that can give your significant profits because of the price pumps and also the other opportunity that you can grab to earn more.
Choose both is always better than just one because we have more chance.
Mining is very good way to get passive income it is very slow and need long time to get ROI.
Trading or buying are the other good way to if you have skill on how to trade.
The price of bitcoins is rising fast today, so if you buy today, your profits will start to rise as the price of bitcoin rises.
I prefer buying the simplest part and in which it does not necessarily consume most of our time because should just need to continuously monitor the price movement of bitcoin. And besides buying doesn't necessarily need high specs computer to gain access to it you just need to have a computer or a smartphone.
This is the most question for everyone
They ask what if most profitable btc mining or buying
On the other hand btc mining cost so much power at investment from the hardwares needed ethier GPU or CPU mining but mining takes more time and patients to get back what you've invested in the hardwares
Unlike BTC buying you can invest a little amount in btc then exchange on altcoins then trade and in just a couple of weeks u can profit 50% of ur invested moneyp
But btc trading needs skills when to trade and when to buy
They ask what if most profitable btc mining or buying
On the other hand btc mining cost so much power at investment from the hardwares needed ethier GPU or CPU mining but mining takes more time and patients to get back what you've invested in the hardwares
Unlike BTC buying you can invest a little amount in btc then exchange on altcoins then trade and in just a couple of weeks u can profit 50% of ur invested moneyp
But btc trading needs skills when to trade and when to buy
i think buy a things for mining or invest your money to do mining because in mining you can get bitcoin then if you save it you can buy more mining rig to double your money.
it is good to invest in passive income than wait for a price only. Bitcoin must get more then also the price was more expensive when you do mining.
investment is indeed one of the bitcoin mining is good enough, because the investment that can get a profitable advantage. so we must also be patient in investing. if it has shriveled profits from investing we can also buy bitcoin. it is good to invest in passive income than wait for a price only. Bitcoin must get more then also the price was more expensive when you do mining.
i think buy a things for mining or invest your money to do mining because in mining you can get bitcoin then if you save it you can buy more mining rig to double your money.
it is good to invest in passive income than wait for a price only. Bitcoin must get more then also the price was more expensive when you do mining.
it is good to invest in passive income than wait for a price only. Bitcoin must get more then also the price was more expensive when you do mining.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
If i ever have a chance to choose freely i will choose mining because in that way you cannhave no risk at all because you will just use the energy of the electricity and then start mining a lot of bitcoins for free while if you buy bitcoins the bitcoins are falling these days so it is pretty risky because the value you buy yesterday can reduce if the bitcoins fall again. And that is kinda alarming because you will lose that money you invested in. In mining you will just lose electrical energy.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
If you have the luxury to by mining hardwares and you can maintain it then go for it. But majority of the people do not have that kind of money. And also buying btc. But both are very helpful to the growth of bitcoin. Mining gives more security. While buying improves market health. So just pick what suits you.
I prefer to buy and sell it, because mining requires a bigger cost
and mining also has constraints especially in electricity, it will spend a lot of electricity
especially if in my country here electricity reached 1300 / kwh and it is very expensive, I never thought to mine
and mining also has constraints especially in electricity, it will spend a lot of electricity
especially if in my country here electricity reached 1300 / kwh and it is very expensive, I never thought to mine
Is it better to get BTC via mining or buying now?
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
actually it all depends on you whether doing mining or buying. but for me personally I prefer to buy it rather than mining it, because we know to do the mining cost is not that small. It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
Mining Bitcoin today is a very laborious process. It's necessary to use special equipment for this. For beginners, the more easy way is to buy satoshies in the hope that Bitcoin will grow and it really will grow.
Obviously BUying. Mining is a big headache like a big investment, electricity cost, technical knowledge, big set up so on. On the other hand, BTC buying is no tension. Buy BTC transfer to hardware wallet & forget.But I must say, taking big risk give big rewards also.
yes absolutely i agree with you
Obviously BUying. Mining is a big headache like a big investment, electricity cost, technical knowledge, big set up so on. On the other hand, BTC buying is no tension. Buy BTC transfer to hardware wallet & forget.But I must say, taking big risk give big rewards also.
if you don't have enough money to invest with bitcoin mining then
go to bitcoin buying because you can buy bitcoin change it to altcoins then go on trading because
with a little amount you can grow that money i think trading is you best option
go to bitcoin buying because you can buy bitcoin change it to altcoins then go on trading because
with a little amount you can grow that money i think trading is you best option
Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
I think there are lots of processes that you need to do in mining a bitcoin, and only professionals can access it and you should have an enough knowledge about it. And If you go with buying a bitcoin you must need a large amount of money to do that.It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
it is not about if you are professional or not. a lot of my bitcoin minder friends stopped mining because it is impossible to beat miners in China from expense point of view. They all started to invest on behalf of mining.
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