It depends entirely on your own perspective and interest!
Mining isn't that simple as people think! it takes a lot of effort to find the best ROI coin and mine them for future high prices to get the investment back. You have to switch back to the profitable coin when the current coin difficulty rises.
Some people just mine single coin and leave their RIG just like that, not sure how much they gain from it but what I did is, I've mined some early coins and my investment has been covered with a week effort of mining, but I've also mined some shit coins too.
Electricity also play a key role with mining.
Where as if you invest your money in multiple coins it keeps growing in the same perspective as mining (depends on what you invest too) where as with mining you will have a machine to mine any coin you want!
Personally I don't think you would make much from $1000-$1500, better go for trading.
Hope it makes sense, choose wisely!
Topic: mining or just buy and hold? (Read 175 times)
Its all speculation but there are a few factors that can sway your direction. Where do you live? What are your electricity costs? If you live in a place with cheap electricity and have access with normal priced cards then I personally would start mining. If you are paying a giant VAT on your graphics cards and your electricity is expensive, it might be best to just invest. I disagree though that your budget is unrealistic. I starting mining with a $1500 investment
buy and hold, wait price increases 100% at least then sell.
Buy&hold different coins. You will be able to buy 2-3 gpu's max with this ammoun of money and ROI 5-6-7 months... at least
hi guys im in a dilemma right now.
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
Kalau ane lebih cenderung ke hold lo gan, sambil menunggu kenaikan harga yang ideal untuk agan sell, dengan begitu agan lebih berpeluang memperoleh laba yang besar walau pun terkadang membutuhkan waktu yang agak sedikit lama lo gan.
Your budget is not realistic to start mining on. Better to buy and hodl if you cant put any more money into it.
hi guys im in a dilemma right now.
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
If you can predict which upcoming coin(s) will move 5x or so then is better to buy.
If you're like most humans and cant see the future, is ideal to do both as you hedge your bets.
But with your budget the options will be somewhat limited.
that's dependent on your perceived end result.
if you want multiplication by effort, then mine
if on the other hand you want to concentrate on other projects, then buy.
if you want multiplication by effort, then mine
if on the other hand you want to concentrate on other projects, then buy.
hi guys im in a dilemma right now.
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
i have about 1000-1500 usd.
should i mine or is it better to buy and hold?
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