Actually for this one choice back to you. Traders with the option of buying bitcoin or being an investor just by starting bitcoin mining.
Advantages and disadvantages remain in every choice you make, for example, if you become a trader. You need some more time to turn the way for your portfolio to increase, and vice versa gains when you get fantastic profits from your trading.
In terms of mining is quite relaxed I think, just buy the mining tool and set it then you've got bitcoin. but the drawback "I think" is that you have an uncertain profit potential and if limited funds may be a "loss" to you.
I am not an expert in trading or mining, maybe other forum members can help to provide a more appropriate explanation for you.
Topic: Is it better to mine or buy Bitcoin? - page 30. (Read 2870 times)
in my opinion the use of electricity can of course affect the bitcoin scale. By saving power we can raise the bitcoin scale.
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.
Buying is preferable than mining,to mine bitcoin you need to have all the equipment need to mine before mining,and this these mining equipment are very expensive.But if one can effort to buy theses equipment it is not a bad idea to also mine.
for now it is better to mine, but if you have a lot of money to buy bitcoin also can and save up to the high price.
You are saying two things here but it’s ok I would like to say according to me it is not good to mine because bitcoin mining needs proper equipment which is very costly and maybe you can’t afford it then after mining it will consume high amount of electricity and you will have to pay heavy bill every months, so better choice is to buy bitcoin only as it is more profitable than anything else, as prices are rising and it can give thousand dollars profit after holding for short time and the same way If you will hold for long time then profit will be huge.
When I started my career in bitcoin, I was considering mining, but the price of hardware and electricity costs has forced me to abandon this idea. So I prefer to buy.
Always, when I am asked what to choose-mining or investing, I do not hesitate to talk about buying. This is much more profitable and less time-consuming, which is also very important.
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.
In my own opinion, it depends on your capital because investing on bitcoin and holding the coin for a very long time is really profitable while building a mining hardware will also make you earn coins passively so you can choose depends on what really suits you.
I fully agree with you, it is much more profitable to buy bitcoin without bothering with expensive equipment.
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 better to buy the bitcoin with the capital you are having in your hand rather than investing it into your bitcoin mining equipment. As you all know that bitcoin can be bought by just paying the small transaction fees which is far more better than Bitcoin mining where you need to buy highly costly GPU's and motherboards to carry the mining process and all these processes also consume high electricity and leaving the places Hot in their environment.
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.
In my opinion, it is better to buy Bitcoin and trade it in a digital currency world and for the price to go up and then withdraw. You don't need to buy rigs to mine because that is very expensive most specially of you don't have budget for that. So, buying Bitcoin is better and then wait until you have reached the desired income.
If you have proper and right equipment then mining is possible for you but don't install and force your phone and computer if they are not compatible with the application for mining it will just damage you internal, and don't expect to gain something from mining applications because 99.1% of them is fake and waste of time, so if you don't have equipment buying is the safest and right method.
mining and buying bitcoin-both are profitable,but, has a little different.if you buying bitcoin than you need to buy more more getting profit ,on the other hand, if you are doing mining than you will earn large amount by investing small amount in bitcoin.i advise is to do both in a same time for huge and quick 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.
I prefer to invest in bitcoin, rather than we mine because I think we need tools and the process of income also takes a long time, when compared to our more easily dibitcoin investment we get faster profits, because with us a good way we can trade. more easily you get
I think buy bitcoin is better then mine.Bitcoin is most powerful cryptocurrency.If any one want to invest his/her money i suggest to buy bitcoin now because it is the time to bye bitcoin.
Buying bitcoin is the best thing right now because the price of bitcoin is very low and stable.
Yes, you are right that buying bitcoin is a great thing because I think if you invest in other cryptocurrencies then I think business can be dangerous but if you invest in bitcoin, it's really a very safe way. If so, you should choose the best option like bitcoin. 
Unless you have millions lying around don't even think about mining Bitcoin. Its better you just buy bitcoins. Mining bitcoin with small hash power will just be futile. Also why manage so much head ache of mining when you can just purchase it with your debit card
When it comes to mining there most important thing to think about is how much electricity costs in your country and when you have the cost, Make your calculations and determine that it's going to be profitable in the long run. But i will advocate for mining if electricity tariffs are low in your country. 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.
That's what I think, if we talk about what is best for a specific person, then I believe that buying.
But it is important to take into account the nuances, before making a purchase it is important to understand overheated price or not?
Why I think that mining is worse?
- because the complexity of production is constantly growing,
- the cost of equipment is too high,
if for the same amount buy equipment for production, then due to the increased complexity of production, you will never get so many bitcoins,
as from a simple purchase.
But it is important to take into account the nuances, before making a purchase it is important to understand overheated price or not?
Why I think that mining is worse?
- because the complexity of production is constantly growing,
- the cost of equipment is too high,
if for the same amount buy equipment for production, then due to the increased complexity of production, you will never get so many bitcoins,
as from a simple purchase.
Jump to: