Topic: why i prefer mining and investing in ICO/IEO - page 8. (Read 4465 times)
I haven't properly start in mining but since i always take search a real project for my in investment with have IEO in popular exchange. Actually ICO best time decrease lot of time ever and start of start IEO and more investor now keep buying token in IEO.
I prefer to invest more. I don’t have that much powerful CPU, and also I don’t want to get in the trouble of GPU etc. I just invest in what I have and try my best to stay on par with the ups and won in the market and make decisions accordingly.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Your points are right but there are also risk and factors that you need to think of when you mine. First, you need to mine those altcoins that has assurance that you can sell quickly and has high liquidity. 1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Next, you need also to check your rigs if they are working perfectly and of course taking care of them is a must. You may not know on how long the span of your boards, CPUs and GPUs.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
You are right, from mining you can get a stable and constant income. However, you need to invest in mining not one thousand dollars, but at least several tens of thousands. To buy such equipment that can mine good coins already traded on exchanges.1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
If you have poor equipment, then you can only mine young coins that have just entered the market.
Yes mining is good, I have a friend in a good place or location where the cost of electricity isn't much, so he bought mining equipments and have recorded good success. But however, on my side, the cost of electricity isn't friendly so i don't mine rather I find investing (IEO to be precise) as a better option. All that is needed is a good research on any IEO and most importantly the exchange it is taking place on. With the right research, exchange as well as "hype" you can make a good return in most IEO, although they come with their own risks.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Your points are right but there are also risk and factors that you need to think of when you mine. First, you need to mine those altcoins that has assurance that you can sell quickly and has high liquidity. 1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Next, you need also to check your rigs if they are working perfectly and of course taking care of them is a must. You may not know on how long the span of your boards, CPUs and GPUs.
Your points are valid but learn to take calculated risks. Sometimes investing in some good IEOs give reasonable profit, for instance, I made huge profit from SERO on gate.io. It's necessary to ensure you do thorough research before making any decision anyway, since the risk involved is high. I'm not saying mining is not cool, but it's not so profitable nowadays for individual miners.
I'm fond of investing instead of mining, it is useful for me and definitely without depress. On another hand, for mining, l don't have enough equipment, energy power. It depends on your situation, if you have all of them, what l have told about. Mining is more valuable than investing. Maybe you have more chance to do it, in your country electricity bills are cheaper than in my country. Mining is not as profitable as the investment and the miner should continue to do the mining service for taking the initial investment. Investing in the ICO is totally another kind of risk but the risks are less in the crypto mining from my experience.
I think it is not easy. It will consume a lot of electricity and create many risks in equipment damage and machine maintenance. The minning coin if you want to make a profit, you must invest with a large business with modern machinery and must have high technical expertise. Because of these characters, I chose investment as the best method of making money.
i dont know if minning is still worth to do right now, my mean you can ignore about how much electricity will cost for doing minning. In here in my country it something imposible to get profite although the price of coin is high enough. You know the electricity is the real problem. and how about the device maintenance cost.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
What you do not mention is that mining is capital intensive, the money needed to start up a profitable mining rig is beyond the rich of many whereas one can start investing/trading with little and build on it. Most who come from countries where electricity is too expensive or where supply is unreliable know that mining is not an option but trading can be done even from a mobile device. 1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Mining coins already on the market such as ethereum is indeed more profitable especially if the price continues to rise. But not everyone is interested in mining coins because of many factors and one of them is expensive mining equipment. ICO or IEO in my opinion is like speculating with high risk but also promising high profits as well if the project is good and traded on a good exchanger
From some points of view mining seems better than investing your money via ICO/IEOs.
However, you need to take into account some key factors before comparing these 2 options:
- mining devices cost
- electricity cost
- coins halving, meaning that with time you will receive less coins
- volatility of the price on market
However, you need to take into account some key factors before comparing these 2 options:
- mining devices cost
- electricity cost
- coins halving, meaning that with time you will receive less coins
- volatility of the price on market
in general, mining is more profitable than investing in a place. but, mining can also be said as an investment, and it requires quite a lot of costs to build it. In addition, there are many things to consider, such as taxes, electricity costs, and hardware maintenance costs. it all needs to be considered. because of this, sometimes people prefer investment over mining.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
You ask about your personal opinion "Mining and investing in IEO/ICO ". Until now I tried to invest and do a Bounty campaign. It is, in my opinion, easier and can give me a profit. Especially in the year 2017, many of the advantages I get.1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
I have not been mined because I think it is very difficult and requires supportive equipment. Although investments can deal with fraud, I think it's not a problem, because before determining the choice we can do some research.
Your points are valid but I think only those in an energy efficient environment, that is those in places where the cost of energy is cheap, will enjoy mining the more, of which I guess you are one. The truth is mining comes with peace of mind, if only one is mining the right coin and with the right equipment. Nevertheless, I prefer investing in IEOs to mining, although it comes with its challenges but when it is based on exchanges like Binance, Kucoin, Gate, Okex etc then profit is sure. So in my own opinion, i think it's worth the effort and attention more than mining, since I won't bother about energy cost, etc.
You are right. That is the advantage of mining compared to joining ICO / IEO / Bounty. Of course, to be able to enjoy this advantage, large funds are needed to prepare mining equipment, maintenance and electricity costs, or service costs when using cloud mining. Everyone has their passion. It doesn't matter if you can handle it. Because I do not have the experience and knowledge that is qualified about mining, capital is also limited, so I prefer to join bounty and daytrading.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
I do agree on this IF and only IF.
`You are living in a country with low cost of energy, this one is also in the expenses line and we should include this why we are mining.
`The weather, the colder the better, mining needs a good temperature to maintain. Aircondition is another expenses on the list.
Mined deduct the expenses (add maintenance), calculate if you are gaining good then go on.
Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
Sincerely speaking, you have been Frank enough. Atleast with mining you are assured of some profits maybe not as huge or quick as ICO returns might be. Mining might even be considered as a better calculated investment than ICO because of the controls you have over it. All you need to do is get your mining rigs and calculations right, then you are good to go
That's your opinion and should be respected, however I prefer investing than mining owing to the cost of electricity in my location and mining equipments, so I don't think it's profitable for me. Also, when I say investing, am not referring to ICO but rather IEO in major exchanges; I prefer trying my luck in IEOs and so far have had some wins and some losses too. At least IEO in major exchanges do not come with scams, so in ramifications better for me.
Jump to: