Topic: buying or mining (Read 1699 times)
Buying unless you have an ASIC.
Buying bitcoin is better than mining it with GPU unlesss you have very cheap electricity
It depends on your intentions. Mining helps the network become stronger, makes attacks more difficult, etc. Investing cash helps the market liquidity, makes the currency more useful.
Investing cash has the most risk since the market value could go to zero overnight, but it has the most potential for deflationary gains. Investing in hardware retains some residual value even if the coin goes to zero.
Investing cash has the most risk since the market value could go to zero overnight, but it has the most potential for deflationary gains. Investing in hardware retains some residual value even if the coin goes to zero.
Both - but not much either way 
Both is the best!
buying of course!
buying and selling ripples and alts.
buying only, still learning to mine.
i reckon buying
You can't really tell ... If you can get your hands on some ASIC miner, you should mine. Now.
I think both....but mining without ASICs is crazy...hardly worth the time and effort
Mining on conventional graphics cards is pretty useless now with the new miners coming out.
Graphics cards used to have the benefit of resale value - miners can ONLY be used for Bitcoins.
Graphics cards used to have the benefit of resale value - miners can ONLY be used for Bitcoins.
buy ldo
Buying.
If you want to make as much profit mining as from buying, you have to devote a lot of time setting up your machines, tracking what coins to mine, calculating profitability vs. electricity costs, trying to be first to market with your new pump n dump coins, etc. To make decent volumes you also have to make a large investment in machines outright. In other words, it's not unlike having a 2nd job that pays as well as flipping burgers.
If you do it just for fun that's fine though, you can quit any time.
Buying, well all you have to do is buy some BTC on an exchange, wait for it to go up, 'save' it back to USD. Wait till it drops and do it again. If you're unfamiliar with day trading, don't do anything else, and I imagine you can get a 2% return every day for 10 minutes worth of work. Might not sound like a lot, but do it every day and you've doubled your money in 5 weeks. (Did I mention I'm not good at this stuff yet? )
That's just my humble opinion and I love to learn new stuff
If you want to make as much profit mining as from buying, you have to devote a lot of time setting up your machines, tracking what coins to mine, calculating profitability vs. electricity costs, trying to be first to market with your new pump n dump coins, etc. To make decent volumes you also have to make a large investment in machines outright. In other words, it's not unlike having a 2nd job that pays as well as flipping burgers.
If you do it just for fun that's fine though, you can quit any time.
Buying, well all you have to do is buy some BTC on an exchange, wait for it to go up, 'save' it back to USD. Wait till it drops and do it again. If you're unfamiliar with day trading, don't do anything else, and I imagine you can get a 2% return every day for 10 minutes worth of work. Might not sound like a lot, but do it every day and you've doubled your money in 5 weeks. (Did I mention I'm not good at this stuff yet?
)That's just my humble opinion and I love to learn new stuff
Lately I think buying makes more sense.
Why not both? Also. Must. Get. ASICs 
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mining
Buying seems more practical at the moment in my opinion.
Beacuse if you buy a 1300 dollars miner you make 10 dollars in 1 day. If you buy 1300 dollars of bitcoin you make 13 dollars in 1 day...13 > 10 so........
BUY
BUY
Why you make 13$ a day if you buy bitcoins for 1300$?
MfG
It depends, 2 days ago I made 60 dollars just because the BTC price raised.
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