Topic: Crypto mining versus buying coins for the same amount of money - page 2. (Read 243 times)
Of course the best way will be to buy a different crypto currency in order to then later hold it and wait for the first one to rise for sale.
In my opinion, i feel investing in coins by buying them is much better and safer than mining. Although they both have their disadvantages, but buying coins has lesser disadvantage. The challenge i find with buying coins is that you will have to do proper research on the coin you want to buy, before investing in it. From what i have learnt, most times, it is better to buy the dip of some of these coins. Except you are sure that the coin still has more potentials even at the rise, before you will consider a coin that has not plunged.
(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?
Buy cryptocurrency instead of building my mining rig and why? 1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?
Remember if mining is a long-term business that means if you will be getting your ROI after you have wasted some years to mine coin with your mining rigs. That would be involved very high risk if you were not mining it when the difficulty was easy. If you are mining needs so many consideration, electricity, difficulty increase and many more
(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?
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