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Author Topic: confuse mining or buy coin wait highest price ????  (Read 694 times)
jployarom (OP)
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April 27, 2014, 04:16:02 PM
 #1

I'd like to you suggest me about in mining or buy coin.

I very confuse my decision for mining in hardware.


Please let me know

Pls. professor
kendog77
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April 27, 2014, 05:26:01 PM
 #2

Right now, Bitcoin price is kind of low, which makes purchasing a miner much less likely to ROI.

The low BTC price is keeping me from buying more mining hardware at the moment because none of it looks like it will ROI in BTC, so I'm keeping most of my BTC.

I think the smart thing to do is buy BTC now and hold it until the price increases, and then use it to buy mining hardware when mining ROI looks better.

Right now, the lowest priced miner (price per GH) that ships immediately is the Antminer S1, but the rub is that it uses 2W/GH and will be unprofitable to run in 2-3 months unless the price of BTC increases, so it's a gamble.
Simon8x
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April 27, 2014, 07:29:02 PM
 #3

There is less trouble (less fun Cheesy) and lower risk with buying bitcoin directly.

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April 27, 2014, 10:51:15 PM
 #4

If you buy the right coin youll make the most money if price skyrockets  Grin
BigBoy89
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April 27, 2014, 11:00:44 PM
 #5

buy BTC directly and hold until until BTC prices increases
if you buying mining rig right now, seem more likely a gambling because mining is not profitable enough at this price and situation

.AMEPAY.
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jployarom (OP)
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April 28, 2014, 12:53:39 AM
 #6

But I can't buy volatility price at this time.Huh If price still drop, not go skyrocket. How should I do?

Where is the best price for buying point?Huh??
Shogen
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April 28, 2014, 06:26:09 AM
 #7

I'd like to you suggest me about in mining or buy coin.
I myself would prefer buying bitcoin because it is very difficulty to get your investment back with mining.

Where is the best price for buying point?Huh??

Everyone want to buy at the lowest point and sell at the highest point, unfortunately none of us has a crystal ball.
You can find lots of info (and misinfo) in the speculation section. Smiley

jployarom (OP)
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April 28, 2014, 08:15:52 AM
 #8

Thank everyone.

Now my understanding should focus on buying coin. and sell at highest price.



On the other hand, I felt not good about mining hardware.

It can't produce a passive income.==> I'am just kidding






Ayers
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April 28, 2014, 10:42:55 AM
 #9

If you buy the right coin youll make the most money if price skyrockets  Grin

it's called a gamble, but still better than mining

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April 28, 2014, 02:10:36 PM
 #10

Buying and holding is the safest and easiest choice, not to mention most inexpensive.

Mining, there's little to no guarantee on ROI in BTC or fiat at the moment.

CharityAuction
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ColdScam
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April 28, 2014, 02:26:23 PM
 #11

If you buy the right coin youll make the most money if price skyrockets  Grin

And if you buy the wrong coin, you will end up with some useless data on your computer Smiley
Tammy Chan
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April 29, 2014, 09:28:44 AM
 #12

I suggest buying bitcoin now and hold it for years. Smiley

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