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 40. (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.
Its better to buy bitcoin rather than mining.Lets have glance at buying aspect.When you buy BTC,you can invest small amount to buy BTC,you continuously monitor its value(peak & troughs) and when you see its profitable you sell your BTC.For mining you need high investment,you pay hash rate for your coin, high quality computers and system,also it will incur high electricity cost,good place to install your systems,high care for your equipment.Earning rate is higher in investment compared to mining.When you buy at low rate ans sell at higher rate you double your profit,whereas in mining you receive daily some amount,but that can not be compared with the profit earned through investment.In my opinion investment is better than mining.
It is profitable to buy bitcoin especially when the price is this low. Soon it will go up again and you will see the profit
If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy. 
I think buying is better than mining because when you buy you may be aware of the price but mining every day at a 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.
It actually depends. You have lots of factors to take into consideration before mining. The mining equipment are expensive. You will need cheap electricity to even out. Don't forget about the maintenance cost you will have to pay. You will have to look after your rigs 24/7. Too much hassle but less risky and you can sell your rigs anytime you want. On other hand if you buy bitcoin, all you have to do is just hold and wait.
I definitely think it's better to invest directly in the BTC by buying it.
Especially at this moment when all the coins are so cheap, it's your chance to get involved.
Especially at this moment when all the coins are so cheap, it's your chance to get involved.
Those GPU burn my money out of my pocket lately, the price of mining rigs nowadays is so high you could definelty prefer to choose a cloud mining service rather than house one. I have a friend that have already invest in MOONLIGHT a mining company that uses green power technology that is environmentally safe. If you have time, you could check it out, I even wear their signature. Anyway, if you have enough money, go invest in mining or buy your own rig. But if you have just some extra cash to invest in, you could just select buying bitcoins, it is a right time today due to lower price.
If Bitcoin mining is worth your time then get to know the skills involved and get the best out of it. Else, if buying bitcoin poses an advantage to an investor then he/she should be consistently monitoring the market trends as to be on the safer side. In all, profit making is the key.
my advise is to buy bitcoin. if you do mining, you have to invest more money and you have to wait more time to take a profit. i have not experience about mining but i feel that buying bitcoin is good more than 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.
for me it is depends on your location because when you do mine there is a chance that your electric bill is higher than what you get in mining, so i suggest check your location first and analyze whether it is advisable to mine or to buy BTC.
True, if your electricity cost is too high, it is not profitable to mine. Buying BTC is a better way out.
for me it is depends on your location because when you do mine there is a chance that your electric bill is higher than what you get in mining, so i suggest check your location first and analyze whether it is advisable to mine or to buy BTC.
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.
of course i agree to mine bitcoin is the easiest way to earn bitcoin rather than buying and holding until the price start rising slowly in the future. but we have to accept that, mining cost us a huge fee for equipments and taxes. So it would be better if you have a large farm of crypto minings, it will make you have more profit in the future.
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.
They are both expensive whether to mine or to buy, the difference of both are the profit time. Holding bitcoin or use it for trading you can make it double or loss it all in a short time and when you mine it will take a long time to return of your investment.
Both better but mining is best .buy bitcoin some risk but profit must.but mining is i think good for all. because mining give me bitcoin and it not risky. so i suggest you continue both.
A lot of thread has come out and was given this question so we can rely to it for those experts opinion, of course if you have a lot of money you can do mining but if we are just an ordinary person then let us buy and hold bitcoin, for sure a lot of people nowadays are buying bitcoin as this is their chance to do so. 
Yes I think it is very suitable to buy bitcoin instead of to buy mining equipment because this is a suitable time to buy because now bitcoin is falling very deep and if bitcoin price is stable you can sell your bitcoin profit to buy equipment to mine because however, mine remains the best way to get bitcoin.
Mining bitcoin requires high-end computers to mine and you need to invest a lot of money to do that. On the other hand, buying bitcoin will be less hassle because you only need platform/machine to buy bitcoin but you also need to be updated always on bitcoin news and market price so that you'll not lose money. I preferred buying bitcoin, less hassle and you get more knowledgeable about the cryptomarket. 
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