for 500 dollars what would smooth david or ezih buy (other than investing, as investing is beyond most normal human beings, let alon investing in cryptocurrencies.)
for 1000 dollars what would they buy. things like this. trust is hard to come buy especially when we use handles. but trust can be percieved through conversation, and the above mentioned and others have earned it from me.
thanks.
I actually consider investing more accessible than mining, particularly for those looking to make significant profit (see below). Building a computer from parts is beyond what most people are comfortable with. The ordinary person should simply devote some cores (~50%) on their regular desktop to essentially mine for free and support the network. This is probably the vision Satoshi had in mind for Bitcoin.
When it comes to 'serious' mining, the calculations are complicated. For the same capital input, you're almost always better off investing in a currency than investing in hardware if that currency is set to go up. Having a mining rig is a hedge. It's basically risk mitigation through diversification -- if the particular currency fails, you can move on to another one (or sell the hardware, which has a disconnected price).
The standard risk-reward correlation is pretty much inescapable. Hence for the same costs, mining (lower risk) carries lower reward compared to investing. There's also risky mining, e.g. buying a bunch of VPS instances, but this carries correspondingly higher reward if things work out.
So recommendations for hardware can't really be based on Monero, because it necessarily involves the broader CPU coin market. It's also constantly changing based on altcoin liquidity and the price of BTC. Add on top of that the risk of this becoming a GPU (or ASIC) coin. All these complications make it easier for the ordinary person to just get a coinbase.com account and invest.
