Topic: Is it better to mine or buy Bitcoin? - page 6. (Read 2870 times)

For me ... It is better to buy it, because mining involves a whole process that can be annoying and it is better not to do it.

I never tried mining bitcoins before because as far as I know it has a contract fee plus it costs too much to buy such equipments and it consumes lot of electricity. At first, what I tried is just collecting bitcoins from variety of websites and faucet applications but whenever I get bored or  whenever I'm not motivated to continue collecting I easily quit on it. For me as an ordinary citizen , I can't afford to purchase bitcoin to participate in the circulation of crypto currency bucause it is highly expensive, But for those who can avail it I'd rather suggest that they must purchase their own assets and trade it when the price of bitcoin is inflating. It is a win-win situation if you are wise on managing your bitcoins. Invest what you can afford to lose, these might be your greatest jackpot that will change your life into something that you never expect to happen. Invest at your own risk,who knows this is what you are waiting for you to suceed financially.

Mining is a much safer long term investment at this time. With the market fluctuating the miners are very cheap to come by and they are still profitable. Rather than panicking when you see the price fluctuate below what you purchased it at, you can rest assured that it is trickling in on a daily basis. It is a game of patience, but a lot less stressful for sure.

It was really ecpensive to start a mining site but if you have money for it why not. It can give you more bitcoin in an easy way. But remember about other things that you need to paid there like equipments and electricity. If you dont have that huge amount its better to start buy buying it and keep saving before you start doing mining.

True, mining does require capital and maintenance costs. But, it does not matter if able to divide the finances.
So, the most effective is the one that matches each other's abilities. Mining and buying or trading are equally profitable if managed well. Does not everyone have their own interests and abilities?

In my own opinion, I think it's better to buy. Mining bitcoin takes a lot and also takes a lot of time. Buying bitcoin is another way to trade, which does require analysis, such as to know when to buy or sell

if you have capital you can buy equipment to mine some bitcoin. it will give a stable income per day. but bitcoin mining involves huge cost such as electricity, maintenance cost and life period of the equipment. I suggest If you have enough time and money better to buy bitcoin

I guess if you’re looking at mining as a long term investment than perhaps it can generate you more coins in the long run but it’s also much more risky. First of all miners can break down, and even if you host them somewhere accidents do happens. Also there’s no way to know how high or low will the Bitcoin mining difficulty reach so numbers can change drastically. If you want an immediate winner than I’d definitely go with buying Bitcoins instead of mining them. Keep in mind that this post was mainly theoretical and there’s a lot of hassle and unexpected events I didn’t take into account (shipping delays mainly), but it should give you an idea about what to take into account before jumping into Bitcoin mining.

Bitcoin mining requires high speed computers and efficient hardwares. Mostly it can cost from few hundred to thousand dollars. Bitcoin by default will make mining a difficult task with time (though miners can earn via transaction fees).
If you have enough time and money to invest in Bitcoins then go for mining otherwise buying Bitcoins is more easy.
If you are in US/Europe, buy it from Coinbase . Just sign up and start investing, you can invest from $100.
If you’re in India, you can consider Unocoin, sign up, verify yourself with Bank details and PAN and you’re ready to buy BTC

Yes, it is very difficult to get profit from mining so I prefer to invest by buying bitcoin directly, I had experience mining with S9 a few months ago, but I'm selling because mining more than 5 months have not get RoI and only back 50% .

If you want to mine, you have to have a sizable capital to get a different result by buying Bitcoin with as much as you can and investing it.

At the moment it is appropriate to buy BTC. BTC and other altcoin prices are falling. This time many people have said that it is good to invest and they predict that BTC will increase sharply in the future. I believe this is true. So I still hold the BTC until the end of the year.

Everyone wants to earn on crypto-currencies, while their price grows or at least strongly fluctuates, but the question arises: how best to do this? To invest in the purchase of video cards for a farm (ASIC miner) or simply to buy on the Exchange Bitcoins? Our interlocutors share their experiences. And so, everyone decides what and how it is more profitable for him.

Recently, 3 farms have been repulsed for just over 3 months, along with the trade of the crypto currency. I ordered another ...
It is natural to invest in the crypt more profitable, but more risky. As all the same the iron on hands, instead of candy wrappers on an exchange which tomorrow can and not become, and in a cash dispense for money you do not descend ...
Farm - here it is, to touch it, you can pat and sell at any time, even if the stock exchanges and crypto-currencies do not remain in sight. The same video cards, computers - they were, are and will always be! And for computers, you need video cards and other hardware ...
From the end of July to this day, 0.15 BTC dug up on the Xeon 2697v2x2 1080tix1, stands in the apartment. Electricity in rubles 1300 per month, prior to the mining it was 700-800, the tariff was 2.5p x kW ...
I never understood why I should buy alcohol or cigarettes. He smoked - threw out 150-200 rubles per pack a day. For the year comes 73,000 rubles. Just to buy 400 Ripla or other crypto-currencies, with resale in a year for at least 300,000 rubles ...
Better and more profitable stock exchange trading. For example: in November last year, a friend of mine with a depot of 4 000 bucks started trading bitcoin, and I started trading a classic at the same time. For a couple of weeks I already had 9,000, and he has 6,500 ...
Conclusion

Total: you can earn on everything. Someone for the fifth time pays for the company, someone doubles the stock exchange monthly, someone profitable trades equipment for mining. Everything brings profit. Therefore, it is better to try each of the methods and determine what the soul is exactly for you, and then invest time and money there.

In fact, a few years ago it was easier to mine bitcoin. But now, when there are huge farm for mining is becoming unprofitable. As an ordinary home computer is not suitable for this purpose and you really should buy expensive equipmennt. So it's easier to buy bitcoin, and better in the long term. And then wait for benefits.

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.

Buying equipment is expensive and you will end up having more costs eventually. I think It's better to mine when the price is stable and much better to buy when the price grows tremendously but overall, buying is better in my own opinion.

I think It would be better if you buy bitcoin, as mining is very expensive and there is serious doubt about its profitability. You have to spend a lot of money to buy expensive mining equipments. Bitcoin mining consumes so much electricity, so you have to keep that in mind too, if you decide to go for mining bitcoin.

Compared to mining Bitcoin, it is better to buy the Bitcoin in the market at the present price because you need to spend a lot of money for mining one Bitcoin. In order to mine one bitcoin, we have to spend a lot of money for equipment and hardware peripherals to mine one Bitcoin.

Buying Bitcoins would be the far better choice. With mining, you would need at least some space and electricity. Mining Bitcoins would probably not be worth it unless you have quite sometime on your hand and isn't really interested in getting the coins immediately. The most important point to note is that the ASICs can take up to weeks or months to ship and the ROI for your ASIC would grow exponentially. The only reason why some people are mining is due to their relatively cheap electrical cost.

I think it's better to buy bitcoin than mined bitcoin. What we have to pay attention is when buying bitcoin we have to be smart when to buy and when to sell bitcoin.kita must buy bitcoin at a cheap price and sold at the time of price rise and stable.