Topic: Is it better to mine or buy Bitcoin? - page 38. (Read 2870 times)
The two approach are quite good bit to a greater extent, buying Bitcoins is better than mining. Mining requires a lot of expensive equipments and a steady power supply. Buying Bitcoin, you can buy any unit and keep it over time, you can also incorporate it with Altcoins for a more balanced portfolio.
For me it is both good but if you are on a budget just buy Bitcoin and sell it whenever their is a increase in price. But my advice is to do both, now I do mining and trading so you can earn Bitcoin faster it is quite expensive to build a mining rig and to hassle but its worth the price you can recover the money you spend in your mining set up. Just be good in your decision and don't regret what you chose this two is both good.
As the price is low than the price before few weeks, it is good to buy and fill the bags to get added bag of profit in the future. Possibly price will peak, as a beginning slowly price has begun to move forward little by little. Mining could give the sustained earning, unlike the price increase and decrease.
Buy bitcoin and alt coins and do trading mining is costly affair i wont suggest mining
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.
Years ago mining was the way to go. Now the price for mining rigs has gone up and the difficulty to mine btc is harder so mining wont be cost effective. This time around the best way to invest is to buy btc directly. Btc price is stil low. And when all the bad news or fake news is done then btc price will shine brightly.
Buying Bitcoin is easy and more profitable than mining now a days unless you can build a million dollar mining rig.
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.
It all depends on equipment for mining. In case you already have the hardware, then you can mine it and get profit. It will be not great, but you will avoid the loss. Buying BTC is always risky, but this is the way to earn a lot.
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 agree with you. now the market is starting to move and show an increase. maybe this is the time, i believe bitcoin will rise again. so this is the time to buy lots of bitcoin.
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.
Mining is not worth it because the cost of resourced used is much more than what you will earn. So earning or buying bitcoin is advisable.
I think bitcoin mining is profitable when it is on large scale that is not possible for everyone, so it is easy to buy bitcoin and hold it for good and long time profits.
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.
you should find an alternative city or country that is friendly with electric power. yes, cheap electricity is the best alternative to start bitcoin mining. in my country, is very unlikely for mining because the cost of electricity is so expensive. so I prefer to buy and hold bitcoin.
Buy it now!! 
$8 862,64
$8 862,64
I think mining bitcoin is easier rather than buying and holding until the price start increasing slowly in the future. But mining cost us a huge fee for equipments and taxes using electricity is rather expensive.
forget about mining, because if you do that, you will be dealing with a giant mining tool, as well as mining requiring substantial capital. if you have expertise in trading, I suggest to take this way, because the profits are also great (if you are good at choosing). bitcoin prices are currently experiencing significant price reductions, if you want you can also take advantage of these moments to buy bitcoins and simply save them until the price goes up again.
It is better to buy bitcoin now than mining because bitcoin's value is down now.
It is good to mine but the only problem if your are to have a mining farm, it will take too much costs. Remember when establishing a mining farm, what you need it high specifications computer, high costs mining rigs, very fast internet and especially expect that you bills of electricity will drastically increase. One of my mentors said, that everyone can obtain this kid of dreaming having mining rigs but it will take so long to have a big mining farm. Start to one mining rig and your income then will be used again to put up another. Remember not to engage in credit or loans just to built up a mining farm without sufficient and appropriate knowledge.
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.
Just buy bitcoin and use your bitcoin to trade altcoins and in that way you can easily make money and the amount that you are expecting to be mined in a day, you can earn that in trading in just a few hours which is very time saving and also money saving because you will not be paying higher electric bill every month by just trading which is why buying and trading bitcoin is better than mining.
To start mining, at least you need 5 to 10 better GPU to make it profitable. Stable internet connection and more patience. Return of investment for BTC mining was range from 9 months to 1 years.
If you have that qualities, you can go for mining. However, if you want a quick Bitcoin on your wallet, you can buy now while the price are low. Then wait until July and enjoy your profit.
Don't forget the electricity must be cheap since it consumes more electricity, that's why mostly miners come from China. There are so many things that you have to provide before start mining so it's better to purchase instead of mine them.If you have that qualities, you can go for mining. However, if you want a quick Bitcoin on your wallet, you can buy now while the price are low. Then wait until July and enjoy your profit.
I have considered many times to mine bitcoin but when I compared with the profit that trading brings it is significantly better to trade btc instead of mining .
Basically, trading bitcoin is not easy as we think we must have a clear strategy for afterward, one thing for sure that bitcoin is volatile so it's risky if you just came to the bitcoin and trading without any fundamental or technical. Jump to: