Pages:
Author

Topic: Mining vs Holding - page 2. (Read 1274 times)

member
Activity: 728
Merit: 12
October 31, 2021, 08:40:27 AM
In my opinion trading is much more relaxed than mining. Even though trading is fairly difficult, many people gradually understand trading, therefore trading is easier to implement. While mining you need adequate equipment, strong electricity and time consuming your activities. But if you can divide your time well and are able to do mining coupled with adequate equipment and strong electricity you can try mining but still have to be equipped with good knowledge of mining. adequate too. Don't let you just follow the trend without any knowledge.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
October 31, 2021, 06:46:29 AM
in the case of mining or holding both have pluses and minuses.  I see if this is better studied.  I see that in the context of mining, the problem of electricity costs is a problem, we must really regulate the mining pattern properly so that profit can run.  for holding we don't have to need anything and just wait for the price to increase.  it's a choice between holding or mining
things that are quite simple to understand if drawn in a theory are
Mining requires hardware and needs to be maintained and updated, and has electricity costs. it is quite a hassle for people who have jobs other than crypto. however, some people still do mining nowadays because it gives them a continuous income.
Beside that, Holding coins only requires capital, choosing the right coins, and patience. The risk is, when the price drops, you need to make a decision to hold on or be patient. this will greatly affect your finances in the future. this is perfect for those who are busy outside the cryptocurrency world.  So far, I still tend to hold coins/tokens over mining.
newbie
Activity: 98
Merit: 0
October 31, 2021, 05:01:21 AM
the reasin is imbhere in bitcoin because want to get profit someday well having an mining and holding doing both of us because mining is agood investment in crypto miner if you git an true mining is not like scam! you know many minings for they used for scam bitcoin so as i told that if you got a good mining so why not, and if not no too no choices and you much to hold your bitcoin and waiting for right time to putting your bitcoin to invest in a good way.
full member
Activity: 2520
Merit: 204
October 28, 2021, 05:58:03 AM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...
it is depend on your capability and your location , Imagine even how you wanted to mine but your electricity is high then  nothing good will come on your way .
Just like being a Holder but you cannot stand on your holding as the funds you invested are not the amount you can afford to lose instead the funds is for emergency and the sad thing is when you wanted to withdraw the value is dumping.
so it is still depend on your capability and your dedications .
I must Hold a coin that i know i can just leave there, and i will mine if the availability of electricity is considerable .
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
October 28, 2021, 03:52:52 AM
Mining and holding, in my opinion, are two different components of an investor.
Indeed, when mining there, colossal investments are needed in order to start earning. And with a hold, you can invest in an asset with a minimum amount and it will bring huge interest, if, of course, you made the right decision, but this, of course, is always for a long time ...
full member
Activity: 827
Merit: 100
October 26, 2021, 08:31:39 AM
in the case of mining or holding both have pluses and minuses.  I see if this is better studied.  I see that in the context of mining, the problem of electricity costs is a problem, we must really regulate the mining pattern properly so that profit can run.  for holding we don't have to need anything and just wait for the price to increase.  it's a choice between holding or mining
full member
Activity: 378
Merit: 102
October 26, 2021, 04:38:09 AM
If I was asked to choose one, then I would choose to mine Bitcoin. The reason is that by mining Bitcoin for sure every month I will get income from mining activities, if I just buy Bitcoin and just hold it it will be boring and not necessarily in one month I can get a profit.
full member
Activity: 539
Merit: 100
BIB Exchange
October 25, 2021, 06:28:19 PM
If you buy BTC then You need time and patience to pay off the cost of your mining equipment to start making a profit. But if just buy bitcoin and it goes up 2%, you made a profit minus any fees you may have to pay. Not to mention that mining equipment is not easy to find and manufacturers cannot produce enough to meet the demand. failure of machinery and equipment will cause you difficulties, not to mention faulty software. so best i will choose to invest mined amount in buying BTC.
sr. member
Activity: 1190
Merit: 250
October 07, 2021, 10:20:00 AM
I once mined bitcoin with S7 in 2016 unfortunately after the halving day I lost and sold 2 units of S7 in 2017, currently the difficulty level for mining is currently very high so only devices that have high specifications can profit, and holding is the thing that matters. easier and more profitable than mining.
jr. member
Activity: 700
Merit: 3
October 06, 2021, 04:01:48 PM
In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Mining isn't profitable or easy for those who do not have enough money to invest into getting the right mining facility and equipments. It is difficult to set up and requires constant electricity which is quite expensive on the other hand holdling would only bear huge profit if the quantity of bitcoin you are hodling is much. Someone who is earning little and trying to live on the little he earns would find it hard to do any of the above.
full member
Activity: 588
Merit: 100
September 28, 2021, 10:50:43 AM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
yes that's right holding is an easy thing without the need to think about equipment maintenance in mining, we only need to spend a little money for maximum results in the future. we only need to analyze the market and the coins that we will hold in the long term
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
September 28, 2021, 10:39:45 AM
Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.
Currently the mining app crashes, I can't run the mining machine at the moment, so my assets are now stopped. I'm waiting for my mining app to run again. I asked my friends. They don't understand why the mining engine is now stopped. I really hope mining machines can run again.
jr. member
Activity: 82
Merit: 2
September 28, 2021, 03:43:57 AM
Mining and holding depends on market cap and the time and priod . When the price of BTC $ 42k I invest in it and after that the price decline $39 to $34k eventually around six months later . On the other hand mining is the timing like when price pump just sell or trade get some profit . It should not or it couldn't predict which one is more accurate for mining or holding all depends on treaders experience and acknowledge .
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
September 27, 2021, 03:59:31 PM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
Well it feels safe than mining --but people are still want to mine than holding because they have a lot of money to afford and that can able to have the capital to build mining facilities. So perhaps it is easy for them to choose to mine over holding, but in middle-class people, holding will perhaps be suitable for us since we dont have enough funds to build mining facilities. So on my side, this is just a case-to-case basis depending on your life status where you can afford it. Because holding is a low process of gaining profit than mining.
jr. member
Activity: 546
Merit: 1
September 27, 2021, 03:47:34 PM
I personally say holding is batter rather than mining because we came in this crypto fried for getting more and more profit and you can get huge profit by holding,I'm not saying the mining is not profitable,but mining profit is always less than holding and I always recommend hold, because by holding you can do your portfolio 2x,3x,and yes sometimes more than 10x,it's depending on the market, so hold is good option.because hold is gold.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 27, 2021, 02:32:54 PM
hallo good night .... Smiley

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.
Well in mining, it's profitable if you have huge capital unlike in just simply holding and buying bitcoin. It takes time as you profit but as you said, you're just taking a bare risk.

So the idea of high risk, high reward is also applicable to this choice. But for someone like plankton like me, owning a mining facility is just a dream but thanks to holding, we can still be like them that can earn from bitcoin.
Mining requires large capital, and for now I may not be able to realize it. just like you, roasting the coins that we have is a good choice at this time to profit from the investments we hold. but to hold it is not an easy thing, because sooner or later the market moves according to our wishes. different from mining where we get income from our mining activities
Holding can be learned even having not that much resources and capital. In mining, you can learn that too but you need to apply and have the huge capital in able to start.

Majority of us here are holders because we can do it easy.
full member
Activity: 1358
Merit: 104
September 27, 2021, 02:19:02 PM
Mining vs Holding?  For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
September 27, 2021, 09:32:58 AM
Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.
true, my friend really agrees that mining requires a lot of capital to buy mining machines and pay electricity bills, for those who have small capital the choice of trading is very appropriate and the risk is very small.
full member
Activity: 938
Merit: 105
September 27, 2021, 08:45:43 AM
Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.
sr. member
Activity: 1204
Merit: 272
1xbit.com
September 27, 2021, 06:45:50 AM
I have developed a project
https://github.com/peroksid90/crypto_calculator

to compare mining vs holding. Contributions and comments are welcome.

For example,
you have 2500 $.
You can buy a miner or just invest this money to BTC.
Which is better in the long run?



So at the end we see:

the worst case: do mining and sell mined profit every day (red line) (7300$)
the better: just buy and hold (olive line) (8200 $)
the best: do mining and don't sell. (magenta)  (12500 $)

magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used).



That’s a pretty great discussion that we need to participate.
In my opinion I should vote for trading.
As if you have 2500$ all in total, then you have spend more in electricity etc to mine the Bitcoins.
Yes buy mining can give get profit, but if someone wants instant money then holding for some days can really give good profits then mining.
Pages:
Jump to: