i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
Topic: Is it better to mine or buy Bitcoin? - page 24. (Read 2849 times)
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
For me, both can give you a big profit. But mining requires you to invest a large amount of money because of the expensive mining rig. But the benefits of that is you don’t need to spend more time to monitor it, just let the machine do their job, and you have a stable income per day. In trading make sure that you have more time and enough knowledge to make the trade better to have a good profit. In buying your plan is just to hold your bitcoin for a long time and sell it when the price is right for you.
It is better to buy bitcoin it is more profitable
I agree with you though its risky because the price is still low and dropping. Mining is also a good thing but patience is needed for it will take time.
I think it's not worth explaining that mining at home is not a cheap thing. If you answer briefly, it all depends on how much you are willing to invest both in the case of mining, and in the case of investment. or purchase.
The bitcoin mining if possible that is good to arrange the required parameters mean time somebody got the financial security it is very easy to by from the market .How ever it is better to posses the bitcoin in hand or wallet then only it can be redeemed whenever the bitcoin price is shooting up .Bitcoin mining is not an easy one mean time buying it is possible according to the financial stability.
if you have a good gpu that you can use for mining and low electricity bill then mine . but if u have enough money and u can afford to buy btc then buying it is way more easier
Its better to mine if youre sure that you can generate profit from it.Considering the electricty,internet and maintenance cost of your mining rigs,nowadays the difficulty on mining bitcoins is so low that you cant even profit from it.So buying bitcoins and going to trading will really help you out
Mining is not profitable at the moment. it's better to buy than mine. cost of mining is too much than the result.
and need a lot of money to start. Good choice to buy than mine.
With the huge expense in building up hardware and large amount of electricity cost, I would rather buy than mining.
I can say one thing it's not the time for selling and trading bitcoin.It's the time for mining bitcoin and buys more bitcoins at a very low price.This is best the best decision for the current situation.
Its better to mine if youre sure that you can generate profit from it.Considering the electricty,internet and maintenance cost of your mining rigs,nowadays the difficulty on mining bitcoins is so low that you cant even profit from it.So buying bitcoins and going to trading will really help you out
As far as I am concerned to mine bitcoins it takes a loooooot of time. Starting with an ordinary laptop even years. If you looking to have the bitcoin within a year or so, I would buy it.
I think buy bitcoin is easier and simpler than mining, as we know that many people complain that mining is getting harder, if you have $ 10k and you can buy S9 from bitmain then I will use to buy and earn more than 1 btc if we use today's price.
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
I would prefer to buy bitcoin, compared to mining activities that require a lot of equipment, bitcoin only requires capital as much as we can to get bigger profit
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
bitcoin mining requires high computer specifications, large electric power and of course capital as well. that's what I know.
investment requires learning as well, yes research, analysis, information. everything I need to get to add my insights. to avoid loss
Buying bitcoins is a wiser move because mining could break a bank considering the equipments you need to ensure profitability and this is a more crucial than buying because there are so many factors to consider and if a mistake is done surely you will lose some cash but when buying bitcoin it is easier and considering the price is still dropping having a lot of a cash to invest could buy more bitcoins and by doing low risk trade surely a profit is secured
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
yes i agree with you, it is indeed better to buy rather than mining. It is sure hit when you buy bitcoins itself and wait to double and triple your investment.
For me to mine and buy everything is good, because basically all is profitable and there is resiko.Contohnya kalo we mine must be wasteful of electricity and the result is a bit slow, but if we want to buy at the moment now the price again down and want to save it then we sell after the price again rise then we will get more profit as long as we know the situation up and down the bitcoin price.
i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
Exactly! You answer it right. Its good to buy bitcoin than to buy equipment for mining because in buying bitcoin you will not cost electrity, the electricity bill is good to buy bitcoin and then just wait until the price increase and then you can earn.
You know what works better for you so it should be your decision. For me investing is the best option
It depends on what they want, if you have so much money, why not buy machines for mining bitcoin? but if you only have enough money for investing, i suggest that you just invest it, buy bitcoin and hold it for a long time, when the value of the bitcoin increases and meet the profit that you want, then sell it. Being wise can make you be a successful on mining or investing in bitcoin.
I personally prefer to buy bitcoin, because if you want to do mining must buy mining equipment that is quite expensive in my opinion. Instead of buying a mining device it's better to buy the bitcoin directly. Yes, even though buying a mining device will produce more bitcoin but that's my opinion only for people who have a lot of money.
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