Mining vs Holding

[sherenikaw]

I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it. there are some coins that are good to hold like bitcoin and ethereum too. if we can manage and sell it at the right time then we can profit from investing it. but we do have to be more patient to wait for the right time to sell it so we can get the right price.

[livingfree]

I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it. there are some coins that are good to hold like bitcoin and ethereum too. if we can manage and sell it at the right time then we can profit from investing it. but we do have to be more patient to wait for the right time to sell it so we can get the right price.

As someone who thought of being a miner, when you've assessed how much capital you need to mine then you'll just decide to be a holder.

But honestly, if there's a chance that I'll have the funds to buy miners and I'll mine bitcoin and other cryptocurrencies. I'll choose that if it's sustainable but as I know, in my place, electricity isn't cheap that's why it's better to hold.

[Rengga Jati]

I'm not very proficient at mining and I know the risk of mining is also big so personally I prefer to invest by holding it.

Wise enough to do only whatever that we really know and understand, moreover rit is related to money, to our financial.
We may not need to follow others to do another thing that we don't know, like mining. Expect that we are going to really learn, having enough funds, and also be ready for the risks.

I personally have chosen investment so far. I only have mined one time on one platform and that was done likely mining by application and the result was very small.
That is why I decided to uninstall it and not even do any mining again.

[rizqoAD]

In my opinion, mining is currently not very profitable anymore, because payments to miners continue to decrease by half, while electricity costs continue to rise, this can no longer cover mining operational costs. If I have money as capital, I will use it to buy Bitcoin and hold it for a certain time. I think Holding is more profitable at the moment compared to mining.

[Reatim]

In my opinion, mining is currently not very profitable anymore, because payments to miners continue to decrease by half, while electricity costs continue to rise, this can no longer cover mining operational costs. If I have money as capital, I will use it to buy Bitcoin and hold it for a certain time. I think Holding is more profitable at the moment compared to mining.

then why need to mine when you can earn in trading and HOLD?  mining only profitable in some areas but in majority it is not , though there are altcoins that still good to mine but Bitcoin isn't that good idea at all specially in countries like my own.
also consider trading as well but of course you must learn deeper before putting funds in trading .
just HODL and then find place in trade.

Well whatever knowledge that i have i would surely prefer holding rather than mining, one simple experiece that i faced that once i invested ethereum in genesis mining for 2 years contract it even have not given the amount of ethereum back that i invested and the price of ethereum had gone up by 5 times, so that resulted me in loss only.

my brother use to mine but that makes me have in mind how hard to gain in mining .