Bitcoin Forum
November 21, 2017, 09:49:28 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 [All]
  Print  
Author Topic: To mine or invest?  (Read 4632 times)
Aurelion
Newbie
*
Offline Offline

Activity: 3


View Profile
September 30, 2017, 10:46:48 PM
 #1

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
1511300968
Hero Member
*
Offline Offline

Posts: 1511300968

View Profile Personal Message (Offline)

Ignore
1511300968
Reply with quote  #2

1511300968
Report to moderator
1511300968
Hero Member
*
Offline Offline

Posts: 1511300968

View Profile Personal Message (Offline)

Ignore
1511300968
Reply with quote  #2

1511300968
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511300968
Hero Member
*
Offline Offline

Posts: 1511300968

View Profile Personal Message (Offline)

Ignore
1511300968
Reply with quote  #2

1511300968
Report to moderator
BitcoinboyBlog
Jr. Member
*
Offline Offline

Activity: 56

I am a boy that mines Bitcoin


View Profile WWW
October 01, 2017, 12:33:30 AM
 #2

I started with just one Antminer S9. It was a pretty good start for me, but might not be good for you. You could also invest in GPU miners.

If you wanted to invest in Bitcoin, I don't have any advice, sorry.

Visit my blog at bitcoinboy.blog. Want to ask me a question? Join my discord here
bitcon
Legendary
*
Offline Offline

Activity: 1162



View Profile
October 01, 2017, 11:34:24 AM
 #3

The most easiest way is just to invest in some alts: etherium, waves, wings, monero, dash or others that you will like!


                   ▄▄▄▄▄
            ▄▄███████████████▄▄
         ▄███████████████████████▄
       ▄██████████████████▀ ▀███████▄
     ▄██████████████████▀    ▄████████
    ██████████████████▀    ▄███████████▄
   ██████████████████    ▄██████████████
  ████████████████ ▀██▄   ▀██████████████
  ███████████████▄   ▀██▄   ▀████████████
 ▐████████████▀ ▀██▄   ▀██▄   ███████████▌
 ▐███████████▄    ▀██▄   ▀██▄████████████▌
 ▐█████████████▄    ▀██▄ ▄███████████████▌
  ▀██████████████▄    ▀██████████████████
   █████████████▀    ▄██████████████████
    ▀█████████▀    ▄███████████████████
      ███████▄   ▄███████████████████
        ███████▄███████████████████
          ▀▀████████████████████▀
               ▀███████████▀

..ETHLend..1
[ Slack ] [ Telegram ] [ Twitter ]
▬▬ [ Bounty ] [ Facebook ] ▬▬
[ DAPP Thread ] [ ICO Thread ]
madwica
Hero Member
*****
Offline Offline

Activity: 630


VIABET.IO PRE-ICO | NOV 14


View Profile
October 01, 2017, 02:19:55 PM
 #4

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██   
█  ██     ██  ██     █     
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
.WORLD’S FIRST CLOUD BETTING PLATFORM.
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
coat47
Full Member
***
Online Online

Activity: 168



View Profile
October 01, 2017, 03:28:40 PM
 #5

It’s depend on your knowledge and the risk that you accept
mining => you must calculate the electricity price, you must buy a very good material (if not, you have some noise and a overheated equipment. Don’t forget the maintenance and the replacement of material.
I prefer use genesys mining even if there is always the risk that they close the contract
The most easier it’s to invest in coin. Of course you must take some news before buy some coin and accept the risk that your coin drop.

leowonderful
Hero Member
*****
Offline Offline

Activity: 756


View Profile
October 01, 2017, 07:38:43 PM
 #6

Both are risky, as the price of crypto itself is unstable and creates the risk in mining. If your electrical cost is below $.10/kWh then mining may be profitable, depending on what algo you mine, what miner you use etc. For Bitcoin, the S/T9, R4, Avalon 7 and Ebit E9 are miners I know off the top of my head that would be profitable at that price range. They are as noisy as a vacuum cleaner running full blast (exception is the out of production R4 which is pretty quiet but unfortunately very unreliable), so if you aren't okay with this BTC mining isn't for you

Investing is also risky, and without research into a project and it's founders you probably won't make very much. With a lot of shitty projects these days designed solely for raising money and running I don't really suggest it anymore.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
pinoyden
Full Member
***
Online Online

Activity: 154


TRUCKCOIN - The future of money has arrived


View Profile
October 02, 2017, 07:24:56 AM
 #7

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?

if your a newbie in the world of cryptocurrency then go on investing because investing is less hassel and dont requires technical knowledge or anything complicated and its way much easier to do compared to mining also mining are costly and expensive so i suggest better go on investing if you want to collect coins as long as you got a good capital to start with then your good to go.

The future of money has arrived   ═══▌▌     TRUCKCOIN     ▐▐═══   For The Fastest Decentralized Global Market
《  ICO starts of Dec 1 st, 2017       ANN Thread     WhitePaper     Twitter     Facebook     Google+
═══════════════════     Powered by GoldenHill International     ═══════════════════
Gotottack
Hero Member
*****
Offline Offline

Activity: 686


View Profile
October 03, 2017, 04:33:34 PM
 #8

I think the question "to mine or invest" is pretty inaccurate for the following reasons:

1) Mining is also investing because you buy gadgets, software, or hardware premised on the expectation that you can recover what you have invested as operating expenses;

2) Both mining and investing project an assumption that what the business person has invested will most likely be recovered, earning profits therefrom; and,

3) Investing can be considered a verb for mining for all intents and purposes. This is self-explanatory. 

       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
,CoinPayments,
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
reflector
Sr. Member
****
Offline Offline

Activity: 406


View Profile
October 03, 2017, 07:09:07 PM
 #9

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?

if your a newbie in the world of cryptocurrency then go on investing because investing is less hassel and dont requires technical knowledge or anything complicated and its way much easier to do compared to mining also mining are costly and expensive so i suggest better go on investing if you want to collect coins as long as you got a good capital to start with then your good to go.

He may be fine to invest more amount. If this newbie have a knowledgeable person in mining with him means he can really blood to invest on mining.
I think you are asking him concentrate on altcoin buying but you will not able to expect the profit in all the times with the altcoin but altcoin mining is seems profitable for Monero and Zcash now.

                 ▄██▄  ▄▄
                 ▀███▄ ▀█
                   ▀███▄
             ███  █▄ ███▄ ▄██
             ▀███▄ ▀  ███▄ ▀ ▄▄▄▄
               ▀███▄▄ ▄▀███▄ ▀███▄
            ▄██  ▀████▄▀ ▀███ ▀███▄
          ▄███▄▄█▄ ▀████▄█████ ██▀▀██▄
        ▄██████████  ▀██████▀▀█▀ ▄▄ ███▄
       ██████▀▀██████▄ ▀███▀▀▄ ▄███ ██ ██▄
     ▄██████▄▄████████▀  ▀██▄  ███▀ ██ ███▄
    ████████████████      ▀█▀ ███▀ ███ ████
  ▄████████████████        █ ███▀ █▄▄  ▄███
▄████████████████▀          ████▄█████ ███▀
████████████████▀            ▀▀█ ▀▀██████▀
██████████████▀             ▄█▄██ ▀█████▀
█████████▀▀▀                ██████▄▄▄███
▀████████                   ▀██████████▀
  ▀▀▀▀▀▀                      ▀███████▀


                     ▄          ▄███ ▄███                 ▄▄▄
  ▄▄▄              ▐██           ██▌  ██▌                ▀███▌
 ███▀              ▄██          ▐██▌ ▐██▌          ▄▄     ███
 ▄▄▄ ▄▄▄  ▄▄   ▄█████▌  ▄██▄██  ███  ███ ▄▄████▌  ███▄   ▐██▌▄██
▀██▌ ▀██████  ███▀███  ███████▐████████▌▐██████▌ ▐████▄  ███████
▐██▌ ▐██▀ ██ ███  ██▌ ███▀ ██▀ ▄██  ▐█▌▐██▀ ██▌  █▀ ███▄▐███▀██▌  ▄
███  ██▌ ██▌ ██▌ ▐██ ▐██▌ ▐██  ██▌  ██▌███  ██▌ ▄█ ▄ ███▐██ ▐██  ██
███▄███  ██▄▄██▄▄███▄███▄▄▄██▄███▌ ▐██▌▐██▄▄██▄██ █▄▄██▌██▌ ▐██▄██
 ▀█▀██▌  ▀███▀▀███▀██▀ ▀██▀▀▀████  ▐██  ▀███▀▀██  ▀███▀ ██   ▀██▀
█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
295% GROWTH IN SALES
TOKENIZING INFLUENCERS GLOBALLY
|130 PEOPLE TEAM
70 MARKETS
300,000 INFLUENCERS
|█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
ICO█▀▀ ▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀▄▄██
▄▄██▀▀▄▄
▀▀▄▄██▀▀
██▀▀ ▄▄█
BitTeo
Sr. Member
****
Offline Offline

Activity: 280



View Profile
October 04, 2017, 11:43:40 AM
 #10

Mining is good for gamers , they already have hardware available ( GPU fast ) .

But not a gamers i think the best is investing .

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
leowonderful
Hero Member
*****
Offline Offline

Activity: 756


View Profile
October 04, 2017, 12:28:54 PM
 #11

Mining is good for gamers , they already have hardware available ( GPU fast ) .

But not a gamers i think the best is investing .
That’s way too general of a statement. If your card isn’t latest generation AMD or Nvidia, mining profits will be minimal and most people won’t even bother mining with the small profits available right now for mining. This also delves into Altcoin mining which should be in the other part of the forum. It’s impossible to mine Bitcoin with GPUs as it stands today and this probably won’t change for a long time.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
CrazyDi
Newbie
*
Offline Offline

Activity: 18


View Profile
October 06, 2017, 08:23:21 AM
 #12

Mining is good for gamers , they already have hardware available ( GPU fast ) .

But not a gamers i think the best is investing .
That’s way too general of a statement. If your card isn’t latest generation AMD or Nvidia, mining profits will be minimal and most people won’t even bother mining with the small profits available right now for mining. This also delves into Altcoin mining which should be in the other part of the forum. It’s impossible to mine Bitcoin with GPUs as it stands today and this probably won’t change for a long time.

True. Real gamers who already had EXTRA high performance GPU can afford to waste time and electricity for mining. All other GPU's are better be used for what they meant to be) playin' games only..
Prince Jhay
Jr. Member
*
Offline Offline

Activity: 32


View Profile
October 06, 2017, 10:33:53 PM
 #13

For me. Investent is better than mining. Because in investment is more legit than mining. Im not saying that all minings are not legit or scam. But most of them are fake they will just scam you. Also in investment there is also a not legit. But in investment you can a sure that you can get more profite.

Joshapat
Full Member
***
Offline Offline

Activity: 229



View Profile
October 07, 2017, 10:45:11 AM
 #14

For me. Investent is better than mining. Because in investment is more legit than mining. Im not saying that all minings are not legit or scam. But most of them are fake they will just scam you. Also in investment there is also a not legit. But in investment you can a sure that you can get more profite.
Invest can not provide certainty, maybe most profit but not a few losers, I recommend for mining because bitcoin prices are rising, I've been mining for 3 years and in this year is very profitable and I will continue to add more.

▬▬▬ ▰ ▰ ▰ ▰ ▰ ▰ E i d o o ▬ your blockchain asset experience ▰ ▰ ▰ ▰ ▰ ▰ ▬▬▬
▬▬▬▬▬▬▬▬▬ " Token Sale Raised 82,372.33 ETH " ▬▬▬▬▬▬▬▬▬
▬▬▬ ▰ ▰ ▰ ▰ ▰ ▰ TwitterFacebook  ▰ BountyDiscussion ▰ ▰ ▰ ▰ ▰ ▰ ▬▬▬
reliable
Full Member
***
Offline Offline

Activity: 126



View Profile
October 07, 2017, 05:38:56 PM
 #15

For me. Investent is better than mining. Because in investment is more legit than mining. Im not saying that all minings are not legit or scam. But most of them are fake they will just scam you. Also in investment there is also a not legit. But in investment you can a sure that you can get more profite.
Invest can not provide certainty, maybe most profit but not a few losers, I recommend for mining because bitcoin prices are rising, I've been mining for 3 years and in this year is very profitable and I will continue to add more.

It will depend upon which country you live, electricity cost , equipment cost etc. Is it feasible to mine and what is the Break even point. Due to high electricity cost in various countries people do not prefer to mine, instead they prefer to invest or do trading which will provide them the better profits.

nydiacaskey01
Legendary
*
Offline Offline

Activity: 966


Bitsler.com


View Profile
October 07, 2017, 05:46:46 PM
 #16

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
I assume that when you said "investing" you are talking about investing in cloud mining versus setup your own mining rig. If you have access to free or at least cheap electricity then mining your own coins is good for you, but you have to consider having a partner in running your mining farm because you can't do it alone if you plan to run it 24/7.

Cloud Mining is tricky because aside from qualifying which one is legit and which one is just ponzi, you have to consider the ROI. Hashnest is related to Bitmain but it doesnt mean they are legit however ROI there is very long.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
pjmis
Newbie
*
Offline Offline

Activity: 24


View Profile
October 07, 2017, 08:15:52 PM
 #17

Well, the answer is simple. Without proper execution you will be sitting loosing money, like all business. But, this is not just any business. This is one of the most risky investments on planet earth. If not done right, you will be loosing money, and possibly a lot of it. Just invest into bitcoin, litecoin, altcoins, new coins. One guy made millions doing it. 
gilangIDR
Legendary
*
Offline Offline

Activity: 980


MatrixCoin - Creating Bright Future Together


View Profile
October 08, 2017, 06:39:48 AM
 #18

Well, the answer is simple. Without proper execution you will be sitting loosing money, like all business. But, this is not just any business. This is one of the most risky investments on planet earth. If not done right, you will be loosing money, and possibly a lot of it. Just invest into bitcoin, litecoin, altcoins, new coins. One guy made millions doing it. 
The initial capital we have to do is learn what we do. If we want to do mining then learn mining is very important. Because in the absence of knowledge then we will not get satisfactory results. In fact we could have a loss and also will not get anything. Mining is not easy and simple, there must be skill, analysis and experience that can make the results that we get much better. So if you want to do mining then think and look as good as possible, do not be sorry when you fail in your decision.


██████████.......█████......
████████████.....███████.....
███....█████.....███████.....
███....█████.....███████.....
████....██████...█████████....
██████......██████████...█████████....
█████......██████......████....██...█████████....
█████......██████......████....███.███████████...
█████......██████......████....███.███████████...
███...................█████████████████.███████████...
███..███..█████.......██████████.████████████.█████████..
███..█████.......██████████.████████████.█████████..
█████.......██████████.████████████.█████████..
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......██.....█████████.....██████████
██████████.....█████████.....██████████
██████████.....█████████.....██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
The Rose Rain
Newbie
*
Offline Offline

Activity: 27


View Profile
October 08, 2017, 11:32:16 AM
 #19

i f you are a newbie, i think you can invest the, altcoins, you can make a small bucket of altcoins.

WWW.OAX.ORG - MARKET INTEGRATION PLATFORM
rockie2000
Full Member
***
Offline Offline

Activity: 132

Waves address 3PP4npcijfECsxrf4Ms4rSxPuZq1kamGn7H


View Profile
October 08, 2017, 11:44:41 AM
 #20

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree with you on this, both method is great. Mining may earn less but it is stable and somehow predictable while investing is not for the faint-hearted Smiley

Invest wisely, small step at a time and learn from there. Don't put all eggs in one basket Smiley

▓▓▓▓▓▓▓▓▓▓    ▶▶▶▶ Get Your Free Tokens Now ◀◀◀◀  First PoS Smart Contract Token
    PoSToken       Free Airdrop ●  No-ICO ●  100% Annual Interest First Year
▓▓▓▓▓▓▓▓▓▓    ANN ●  WebSite  ●  Twitter  ●  Slack  ●  Whitepaper
jheipee19
Jr. Member
*
Offline Offline

Activity: 35


View Profile
October 09, 2017, 09:30:34 AM
 #21

i can suggest but i never said that it is right to do. This is only my opinion if you want to mine i prefer under 20M market cap because later it will be more profitable to trade or exchange. Then invest if you can afford to lose what you invest. Before getting into it you need to read a lot of things like when did they start , is there any good reviews all of this you might consider.. Smiley

Konthol Ngaceng
Sr. Member
****
Offline Offline

Activity: 290


Proof-of-Asset Protocol


View Profile
October 09, 2017, 03:14:53 PM
 #22

Bitcoin investment I think is more risky than mining, now the price has reached more than $ 4600 and with a maximum electricity cost of 75 cents then we can get RoI for 5 months if using S9.

|
 
 
50
|
 




                       ▄
           ▄▄▄▄▄▄███████
▄▄▄▄█████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████

█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
▀▀▀▀█████  █████████████
           ▀▀▀▀▀▀███████
                       ▀
|
 
 
$1,5 M
|



        ▄▄▄█████████▄▄▄
      ▄█████▀▀███▀▀█████▄
    ▄███▀     ███     ▀███▄
   ████       ███       ████
  ███▀                   ▀███
 ███▀                     ▀███
▄██▀       █████████       ▀██▄
███                         ███
███        █████████        ███
███                         ███
▀██▄       █████████       ▄██▀
 ███▄                     ▄███
  ███▄                   ▄███
   ████       ███       ████
    ▀███▄     ███     ▄███▀
      ▀█████▄▄███▄▄█████▀
        ▀▀▀█████████▀▀▀
|
 
|
 
<>
<>
<>
<>
 
GITHUB
TWITTER
YOUTUBE
FACEBOOK
kevpantof
Sr. Member
****
Offline Offline

Activity: 317



View Profile
October 10, 2017, 03:33:07 PM
 #23

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
Mining is also an investment, so it just depends on you and how well you are willing to go about any type of investment you wish to do. So many people believe in just buying and holding for long looking forward to the increase in value. However, with mining and a solid set up most especially in a place with lower electricity fee, mining can be profitable.

Once you can have your return on investment back, the rest is just free coins every now and then until you decide you want no more. Mining comes with its own cons too so do not think it is just that easy.

ZIGGER      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
A Decentralized Crypto Marketplace
____ for Localized Shopping ____
[|FACEBOOK
TWITTER
SLACK
|ICO  ▶  13th November 2017
GET YOUR 40% BONUS
IN FIRST 24 HOURS!
]      ███
  ███ ███
█ ███ ███
█ ███ ███
     ███
███ ███
███ ███
  ███ ███
███ ███
███ ███
███     █
███ ███
███
Betthisnow
Full Member
***
Offline Offline

Activity: 196


MatrixCoin - Creating Bright Future Together


View Profile
October 10, 2017, 08:44:00 PM
 #24

If you are a newbie and live in a warmer country with high electricity costs, to invest in a promising project is likely your better choice.

However, there are tools available where you can enter the hardware you will use and the electricity costs and then you can make your calculation of how profitable it could become.

  MATRIXCOIN  |  CREATING BRIGHT FUTURE TOGETHER! 
██ ██ ███  MXC Lending ICO: Nov. 13  [ ANN Thread ]  ███ ██ ██
  WHITEPAPER  ▰  TWITTER  ▰  FACEBOOK  ▰  INSTAGRAM 
chineseprancing
Hero Member
*****
Offline Offline

Activity: 532


Verify - The Future Of Reputation


View Profile
October 10, 2017, 11:23:31 PM
 #25

If you are a newbie and live in a warmer country with high electricity costs, to invest in a promising project is likely your better choice.

However, there are tools available where you can enter the hardware you will use and the electricity costs and then you can make your calculation of how profitable it could become.
Both of this are needed capital, for me it's better to invest but not in mining sites. I suggest that instead of mining sites try to invest on trading sites, because most of the mining sites are running for short period of time. Moreover on my experience I invest high amount into mining sites but it takes a year before my investment returned. In addition I also experience of unexpectedly closing of mining sites after a month, my investment will loses without my knowing. Not like into trading that all you have to do is to buy and to sell, monitor the fluctuation of every coin in exchange and always wear your patience in waiting.

MyCryptoProject
Newbie
*
Offline Offline

Activity: 12


View Profile
October 11, 2017, 03:01:16 AM
 #26

mining is investing,, just safer
geopolisch
Hero Member
*****
Offline Offline

Activity: 672


View Profile
October 11, 2017, 05:17:16 AM
 #27

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree with you on this, both method is great. Mining may earn less but it is stable and somehow predictable while investing is not for the faint-hearted Smiley

Invest wisely, small step at a time and learn from there. Don't put all eggs in one basket Smiley
Yeah mining will ultimately need hard work than investing and trading all other chores but that doesn’t mean that is not suitable. Mining is better to make good earnings but investing is more impressive in this regard. You have to be so careful when you are mining because it needs much electricity and definitely the hard work. So it all depends on you which suits your strategy.
Gotomoon
Sr. Member
****
Offline Offline

Activity: 316



View Profile
October 11, 2017, 10:26:47 PM
 #28

If you are a newbie and live in a warmer country with high electricity costs, to invest in a promising project is likely your better choice.

However, there are tools available where you can enter the hardware you will use and the electricity costs and then you can make your calculation of how profitable it could become.
Both is very risks mining and investing. I agree with others mining is need a lot of work and things to do before earning achieve. A lot of consideration the electricity will costs you that may resulted to a less of profit. Investing like in trading is also profitable just earn knowledge before you can earn profit.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
gabbie2010
Sr. Member
****
Offline Offline

Activity: 308



View Profile
October 12, 2017, 01:31:23 AM
 #29

Bitcoin mining is a capital intensive project, this requires purchasing and installation of the necessary or required hardwares e.g Antminers, ASIC which cost 1000$+ and you needed cheap, affordable and constant electricity supply.
Investing is also an option but it involves taking risk as a newbie you ought to have been mentored on how to trade before investing your capital. Although it may take sometimes to be trained on how to trade but it really worth it.

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
Betthisnow
Full Member
***
Offline Offline

Activity: 196


MatrixCoin - Creating Bright Future Together


View Profile
October 12, 2017, 03:42:38 AM
 #30

If you are a newbie and live in a warmer country with high electricity costs, to invest in a promising project is likely your better choice.

However, there are tools available where you can enter the hardware you will use and the electricity costs and then you can make your calculation of how profitable it could become.
Both of this are needed capital, for me it's better to invest but not in mining sites. I suggest that instead of mining sites try to invest on trading sites, because most of the mining sites are running for short period of time. Moreover on my experience I invest high amount into mining sites but it takes a year before my investment returned. In addition I also experience of unexpectedly closing of mining sites after a month, my investment will loses without my knowing. Not like into trading that all you have to do is to buy and to sell, monitor the fluctuation of every coin in exchange and always wear your patience in waiting.
Try to invest in trading sites that will trade for you and give you a commission or send his money to trading sites and try to trade by himself?

Always when you send your money to other parties there is a risk of fraud or loss, whether mining or trading or whatever investment and this requires to make your analysis of a certain investment project prior to sending any money.

And if you are a newbie and try to do everything by yourself, then you have also the risk to lose everything or a part of it.

  MATRIXCOIN  |  CREATING BRIGHT FUTURE TOGETHER! 
██ ██ ███  MXC Lending ICO: Nov. 13  [ ANN Thread ]  ███ ██ ██
  WHITEPAPER  ▰  TWITTER  ▰  FACEBOOK  ▰  INSTAGRAM 
mharz
Full Member
***
Offline Offline

Activity: 224


MatrixCoin - Creating Bright Future Together


View Profile
October 12, 2017, 09:46:19 AM
 #31

I want to invest but not in mining sites, because I have lack of trust in any sides of mining. Because I don't want to experience again what happen last year, I just invest then after 3 months the sites should be close immediately. I can't recover anything to my investment, it was too late when I know that the site I joined is scammed.
So now I've decided to stop joining in mining, because I was not so sure if it is scam or not. I was scarred to happened it again that's why I stopped joining in mining.

  MATRIXCOIN  |  CREATING BRIGHT FUTURE TOGETHER! 
██ ██ ███  MXC Lending ICO: Nov. 13  [ ANN Thread ]  ███ ██ ██
  WHITEPAPER  ▰  TWITTER  ▰  FACEBOOK  ▰  INSTAGRAM 
italianMiner72
Hero Member
*****
Offline Offline

Activity: 602



View Profile
October 12, 2017, 08:06:13 PM
 #32

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?

all of us can give you a different answer according with our personal experience..
i think if you have cheap electricity and you don't need to cool your farm you can try to buy some S9 or Avalon 741 or ebit E9
otherwise you can try to invest in some good alts...

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
Smarty14392
Full Member
***
Offline Offline

Activity: 224



View Profile
October 13, 2017, 07:04:26 AM
 #33

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
Mining is also an investment, so it just depends on you and how well you are willing to go about any type of investment you wish to do. So many people believe in just buying and holding for long looking forward to the increase in value. However, with mining and a solid set up most especially in a place with lower electricity fee, mining can be profitable.

Once you can have your return on investment back, the rest is just free coins every now and then until you decide you want no more. Mining comes with its own cons too so do not think it is just that easy.
Exactly there are so many advantages attached with disadvantages that comes in a pair when you talk about mining. Mining is really interesting and profitable but it just need to be started in an area where electricity cost is low. You only have on additional investment of electricity and if you find so low, believe me there would be so much better results, even more than trading.

setupbounds
Hero Member
*****
Offline Offline

Activity: 588



View Profile
October 13, 2017, 10:33:06 AM
 #34

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree with you on this, both method is great. Mining may earn less but it is stable and somehow predictable while investing is not for the faint-hearted Smiley

Invest wisely, small step at a time and learn from there. Don't put all eggs in one basket Smiley
Yeah mining will ultimately need hard work than investing and trading all other chores but that doesn’t mean that is not suitable. Mining is better to make good earnings but investing is more impressive in this regard. You have to be so careful when you are mining because it needs much electricity and definitely the hard work. So it all depends on you which suits your strategy.
Definitely mining is no bad as we consider it. It is profitable too like trading and investing or any other thing that related to crypto world. Basically just a difference that is made by mining, the electricity cost. You have to make some more arrangements for it rather just investing money. So this feature make it a less suitable for most of the traders.

rhamzter
Sr. Member
****
Offline Offline

Activity: 252


VIABET.IO PRE-ICO | NOV 14


View Profile
October 15, 2017, 06:37:28 AM
 #35

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree with you on this, both method is great. Mining may earn less but it is stable and somehow predictable while investing is not for the faint-hearted Smiley

Invest wisely, small step at a time and learn from there. Don't put all eggs in one basket Smiley
Yeah mining will ultimately need hard work than investing and trading all other chores but that doesn’t mean that is not suitable. Mining is better to make good earnings but investing is more impressive in this regard. You have to be so careful when you are mining because it needs much electricity and definitely the hard work. So it all depends on you which suits your strategy.
Definitely mining is no bad as we consider it. It is profitable too like trading and investing or any other thing that related to crypto world. Basically just a difference that is made by mining, the electricity cost. You have to make some more arrangements for it rather just investing money. So this feature make it a less suitable for most of the traders.
Yeah your right, bitcoin mining is probably profitable. However we need to invest high amount to this project to assure that we earn high amount of income. But even you invest high amount in this type of service it's worth it, because you can sure that you will earn high income using this. Maybe I plan to invest in this kind of job but not for now maybe some day.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
WORLD’S FIRST CLOUD BETTING PLATFORM
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
lemipawa
Legendary
*
Offline Offline

Activity: 1148


View Profile
October 15, 2017, 06:48:07 AM
 #36

GPU mining is promising lately because of the current price of Bitcoin. The problem with GPU mining is the price of those video cards are expensive and most of the time they are out of stock. i tried to build my own GPU rig but sourcing those good cards are hard in my country, its per order basis. Back then GPU mining is not advisable because of the rate of electricity. Now that Bitcoin price is up, GPU mining is profitable.
Idrisu
Sr. Member
****
Offline Offline

Activity: 392



View Profile
October 15, 2017, 08:21:15 PM
 #37

I don't know about mining mush but have deep knowledge on investments as I have about ten years experience in forex and commodities trading. From what I have read based on the comments I have read on this thread I think investment into cryptocoins market is far more profitable than mining though more risky than mining. In mining you risk of investing into a dead coins that will wipe out your entire investment is not there. If you buying a right tools and software you are sure of getting little coins daily. Trading on the other hand can make you a very huge profits in just few days and the opposite can also happens.

Gotottack
Hero Member
*****
Offline Offline

Activity: 686


View Profile
October 16, 2017, 04:45:55 PM
 #38

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree. But actually, both mining and investing are investments. What differs one from the other is that in mining, you would have to purchase gadgets as part of the operating expenses while in investing, you would only need to put a sum of money as part of the risk you are assuming to take. But then again you can see that in both situations, you should be willing to lose some cash (invest) on the premise that you may earn out of it in the long run.

       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
,CoinPayments,
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
BIG Tyrese
Member
**
Offline Offline

Activity: 107


View Profile
October 16, 2017, 04:48:25 PM
 #39

Mining may be less risk. But it still requires a big investment at the very start. If you want to invest small amounts and try to sell for higher and then buy again a little bit lower I think you would be better of especially if you dont have any knowledge on mining
arseaboy
Hero Member
*****
Offline Offline

Activity: 532



View Profile
October 16, 2017, 04:55:28 PM
 #40

Mining may be less risk. But it still requires a big investment at the very start. If you want to invest small amounts and try to sell for higher and then buy again a little bit lower I think you would be better of especially if you dont have any knowledge on mining
yes mining needs knowledge without any ideas you wont see the future of your gains, mining will take some time before you can really enjoy your earnings the pieces of equipment that you will be needed really needs a huge investment and if you have some money to begin with better to study first before taking the first step.

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
     ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
            │
     │      ███
     │      ███
    │    ███
███  │    ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
ModGirl
Sr. Member
****
Offline Offline

Activity: 378



View Profile
October 19, 2017, 10:49:10 PM
 #41

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
Mining is also an investment, so it just depends on you and how well you are willing to go about any type of investment you wish to do. So many people believe in just buying and holding for long looking forward to the increase in value. However, with mining and a solid set up most especially in a place with lower electricity fee, mining can be profitable.

Once you can have your return on investment back, the rest is just free coins every now and then until you decide you want no more. Mining comes with its own cons too so do not think it is just that easy.
Exactly there are so many advantages attached with disadvantages that comes in a pair when you talk about mining. Mining is really interesting and profitable but it just need to be started in an area where electricity cost is low. You only have on additional investment of electricity and if you find so low, believe me there would be so much better results, even more than trading.
These more profits are only coming to you when you are doing it with some good investment. And there is thing on this forum, that if you get some good amount of electricity free or you get it at very low price than other guys in town, mining, then you are kicky and then you are more open to profits than in other case.


     ███
      █████████████████████
       ███████████████████████
          ██████████████████████
                         ████████
         ████████████      ███████
          ███████████        █████
            █████████        ██████
                █████         █████
                █████         █████
                █████        ██████
                █████        █████
                █████      ███████
                █████    ████████
                ███████████████
                █████████████
                ██████████
IDivi ProjectI
  ◤
  ▶
  ◣
❖❖❖ CRYPTO MADE EASY ❖❖❖
IDesigned for mass adoption by billion of people.I
  ◥
  ◀
  ◢
ICO
◆◆◆◆◆◆◆◆
Oct. 27th - Nov. 23rd



♦ Whitepaper
♦ Telegram
♦ Website



healix21
Jr. Member
*
Offline Offline

Activity: 42

#MiningIsDead


View Profile
October 22, 2017, 01:24:10 PM
 #42

Its almost the same, you buy miners and that's actually an investment. Buying Asic miners is more risky than GPU miners. When the time that ASIC are no more profitable you can't sell them to gamers, while GPU can.

philipma1957
Legendary
*
Offline Offline

Activity: 1932


A new tool for prediction https://bitvol.info/


View Profile
October 22, 2017, 02:14:50 PM
 #43

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?


Your question is wrong.

Mining is an active investment.
Buying coins and holding or trading them is a passive investment.


Should you mine. 

Yes if you have cheap power.
Yes if you want to stay off the grid.
Yes if you can get rid of heat and noise issues.
Yes if you have some tinkering skills.

Should you buy some coins and hold them. 
Yes if you  understand the advantages of buying and holding.
yes if you don't mind doing everything up front and paying taxes.

If you can join coinbase.com you can buy some coins and just hold them.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
grapevin
Full Member
***
Offline Offline

Activity: 140


I collect coins and tokens. HODL!


View Profile
October 22, 2017, 02:20:01 PM
 #44

Investing is by far the better choice for profit but mining is more fun and interesting so it depends on what you are looking for,

I am looking for a new bounty campaign!
ballerin and giroud
Jr. Member
*
Offline Offline

Activity: 42


View Profile
October 22, 2017, 03:46:09 PM
 #45

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.
arpon11
Full Member
***
Offline Offline

Activity: 238


View Profile
October 25, 2017, 06:42:59 AM
 #46

If you have good risk capital I will said you should go for investment instead of mining and the investment should be in the five most invested coins. Mining is good if you can buy s9 and good gpu for altcoins, you can only get good profit if major cost of operation in mining business which is electricity is cheap since this always take away all your profits if you did not get it cheaped. You don't power investment you only need to spend time to learned how coins are been traded and put in your capital and watch your investment growing.
cipher-x_09
Member
**
Offline Offline

Activity: 70


View Profile
October 25, 2017, 09:36:11 AM
 #47

Well if you have a lot of free time why not try both mining and investing. Just consider the fact in mining you'll be forced to consumer a lot of your time at your time at your computer because you'll need to be alert at every transaction you make and considering the fact it will be costly for the materials and equipment and also the cost it will affect on your own electricity. Well if you are business minded person you much prefer investing right, if you know you have what it takes to be a risk taker at buying and selling and you have the knowledge and analytical skills to grasp every situation changing in the market trend and also a willing person to accept that there is always a possibility that you will suffer lost in your investments. Well it will depend upon your attitude and you perception towards what you know what you like and what would you know you could excel on.

bitalive
Jr. Member
*
Offline Offline

Activity: 42


View Profile
October 25, 2017, 09:43:21 AM
 #48

if you have proper hardware, go for both. or else, stay with investment.
liseff3
Full Member
***
Online Online

Activity: 210



View Profile
October 25, 2017, 02:56:53 PM
 #49

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
The most effective way to start to break into collecting coins.

Invest in bitcoin is the most effective way to start, in my observations these days bitcoin and altcoin continues to fluctuate during tradings, try to benefit the situations like this, I think a lot of profit gap you can get.

Some people also take advantage of investment.
By choosing the type of altcoin that often increases the exchange rate, financially, the investor's profit will increase. Because the exchange rate continues to increase against the local currency.

However, despite having many financially goals, any investing isn`t without risks. If a person invests and his business fails. Then, can`t get a profit, but the loss will be earned.

AngelMeso
Newbie
*
Online Online

Activity: 28

ND4JHO-JGCR65-I2RHCC-VYJGXF-KLNR6B-ERN5AQ-M63A


View Profile
October 26, 2017, 02:17:36 AM
 #50

I believe that going for altcoins likeb Monero , Ripple or Ethereum is a good way to start getting some gains, but you will need to get into cryptocurrencies trading if you want to get quick money
Edsemen
Member
**
Offline Offline

Activity: 115


View Profile
October 26, 2017, 11:13:24 AM
 #51

For me both method is great, in mining method you need to consider lots of things before you start to build your own mining site like electricity rate in your country, your capital for buying hardwares, place that your mining hardware to be placed but if you can not provide that there is online mining sites or cloud mining but it is too risky than building your own mining site.
I agree that investment is a easiest method to earn money, there is nothing to do just to wait for your profit but it was a risky method also but the return is very huge profit.

I agree with you on this, both method is great. Mining may earn less but it is stable and somehow predictable while investing is not for the faint-hearted Smiley

Invest wisely, small step at a time and learn from there. Don't put all eggs in one basket Smiley

Yes I agree also, that would be the best answer for this topic. Both is the same in mining you will earn a little but always rolling without risk. In investing you can invest bigger to earn bigger but theirs a risk for that if, every invest you can't predict if you will be earn or you will be fail.
So its just a matter of how you work with that two choices, and it is matter on your techniques and strategy so that you will earn either of the two.

    ▨    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   WORLDCORE   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬    ▨   
«  RELIABLE INVESTMENT INTO OPERATING BUSINESS OF WORLDCORE PAYMENT INSTITUTION  »
▨   website   -   twitter   -   facebook   -   telegram   -   slack       ▶ ICO OCT 14TH, 2017 ◀    ▨
tamilbitcoin
Jr. Member
*
Offline Offline

Activity: 35


View Profile WWW
October 26, 2017, 12:28:16 PM
 #52

Better to invest. Not in any cloud mining. Just buy as many bitcoins as you can (or as much fractions of it), besides collecting free coins from available sources whenever you find time.

sicparvismagna
Member
**
Offline Offline

Activity: 70


View Profile
October 26, 2017, 12:54:11 PM
 #53

Well if you don't want to experience any technicalities and don't know much more about any minings well you can start first by investing no need to stress yourself about the best types of equipment and get fixated with your computer specific parts if it is compatible with there and that you can start first at learning the basics before going to the complex ones.

Estonic
Newbie
*
Offline Offline

Activity: 24


View Profile
October 27, 2017, 04:49:52 PM
 #54

The most easiest way is just to invest in some alts: etherium, waves, wings, monero, dash or others that you will like!

Maybe Bitcoin Cash? If you buy the S9, you can also mine Bitcoin Cash.
yugyug
Full Member
***
Offline Offline

Activity: 210



View Profile
October 27, 2017, 04:51:25 PM
 #55

if you have enough money to buy mining rigs and enough money to buy bitcoin investment then why not try both as like you are hitting 2 birds in one stone, you mint coin from mining and put it on a trade and the other advantages, it is more challenging on both things, and you will develop more analytical and troubleshooting skills for mining and trading.

BitcoinRapid
Member
**
Offline Offline

Activity: 70


View Profile
October 27, 2017, 09:48:31 PM
 #56

With POS becoming more common do you think mining is on a downward trend?

Gotottack
Hero Member
*****
Offline Offline

Activity: 686


View Profile
October 28, 2017, 03:10:54 PM
 #57

Better to invest. Not in any cloud mining. Just buy as many bitcoins as you can (or as much fractions of it), besides collecting free coins from available sources whenever you find time.

I agree with your supposition as of writing especially so that Bitcoins have so much potential in the market nowadays. Of course, my opinion on this varies and highly depends on the performance of Bitcoins. But just this time, I believe there is power in investing more on Bitcoins by buying when prices are failing because of its capability to skyrocket within a week or two. Thus, you are assured that your money's worth is returned back to you and so much more.

       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
,CoinPayments,
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
Qartersa
Hero Member
*****
Offline Offline

Activity: 686


View Profile
October 28, 2017, 03:14:18 PM
 #58

For startups, it is best to first invest by accumulating your Bitcoin wealth little by little. Of course, you cannot do this in one instance because of Bitcoins' value now. But soon enough you will recover what you have poured in and so much more. As I have said earlier, buy Bitcoins and take advantage of losses - big or small - because it is when you are able to purchase more of it.

       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
,CoinPayments,
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
sourjain
Newbie
*
Offline Offline

Activity: 28


View Profile
October 28, 2017, 06:05:01 PM
 #59

Invest part of your surplus on cryptos with part in bitcoin and a part in the idea or mission you feel could grow or want to support. Don't jump all in as this is very fluctuating till now. Mining is not good as the hash rate are gone crazy.

Sourabh Jain
Jake052478
Member
**
Offline Offline

Activity: 84

I will do wonder for YOU!!!


View Profile
October 28, 2017, 10:50:38 PM
 #60

Building a rig to mine is already an investment.  A China made decent miner costs around 2,000 USD and that is a considered investment.  Investing or buying is liken into trading stocks.  A proper knowledge and understanding would be fine and patience atleast to make it atop.  So, if you have the money to spend in mining... Do so... it is up to you if you have the patience to engage in any both of the way possible.

shoreno
Member
**
Offline Offline

Activity: 98

GOT 7?


View Profile
October 28, 2017, 11:16:23 PM
 #61

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.

cryenthu
Newbie
*
Offline Offline

Activity: 3


View Profile
October 29, 2017, 02:35:19 AM
 #62

What if you've got a lot of capital to invest into mining. Let's say.. thousands. Would you go down the route of buying ASCI in bulk or GPUs? That, on top of investing, of course.
vv181
Sr. Member
****
Offline Offline

Activity: 280


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 29, 2017, 03:15:43 AM
 #63

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.
No, investing is a lot harder than mining for a newcomer, you just cant looking for a coin on a forum and blindly following whatever they read then expecting it to rise, you need a technical analysis for it and detailed plan, you must research what the project infrastructure offer. you cant wildly buy a coin that people suggest you must research on your own.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
rockie2000
Full Member
***
Offline Offline

Activity: 132

Waves address 3PP4npcijfECsxrf4Ms4rSxPuZq1kamGn7H


View Profile
October 29, 2017, 06:38:47 AM
 #64

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.
No, investing is a lot harder than mining for a newcomer, you just cant looking for a coin on a forum and blindly following whatever they read then expecting it to rise, you need a technical analysis for it and detailed plan, you must research what the project infrastructure offer. you cant wildly buy a coin that people suggest you must research on your own.

Well, I don't think so. Investing is more simple than setting up and maintaining mining rigs. However thing key here is to invest at the right moment.
With mining it's more difficult to learn, set up and maintain but you get stable and more predictable income.

▓▓▓▓▓▓▓▓▓▓    ▶▶▶▶ Get Your Free Tokens Now ◀◀◀◀  First PoS Smart Contract Token
    PoSToken       Free Airdrop ●  No-ICO ●  100% Annual Interest First Year
▓▓▓▓▓▓▓▓▓▓    ANN ●  WebSite  ●  Twitter  ●  Slack  ●  Whitepaper
vv181
Sr. Member
****
Offline Offline

Activity: 280


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 29, 2017, 10:13:31 AM
 #65

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.
No, investing is a lot harder than mining for a newcomer, you just cant looking for a coin on a forum and blindly following whatever they read then expecting it to rise, you need a technical analysis for it and detailed plan, you must research what the project infrastructure offer. you cant wildly buy a coin that people suggest you must research on your own.

Well, I don't think so. Investing is more simple than setting up and maintaining mining rigs. However thing key here is to invest at the right moment.
With mining it's more difficult to learn, set up and maintain but you get stable and more predictable income.
If you mean by investing is choosing a coin that others suggest/pick then wildly and blindly follow it, of course, it easier than mining. Investing need deep knowledge, experience and proper research with a detailed plan. In other hands, mining, you need to calculate the electricity cost then choose a miner that has a feature automatic profit switching and you are ready to go. Setting the rigs and maintaining it easier there are many guides on internet about that



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
cioloxl
Member
**
Online Online

Activity: 70


View Profile
October 29, 2017, 10:19:40 AM
 #66

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.
No, investing is a lot harder than mining for a newcomer, you just cant looking for a coin on a forum and blindly following whatever they read then expecting it to rise, you need a technical analysis for it and detailed plan, you must research what the project infrastructure offer. you cant wildly buy a coin that people suggest you must research on your own.

Well, I don't think so. Investing is more simple than setting up and maintaining mining rigs. However thing key here is to invest at the right moment.
With mining it's more difficult to learn, set up and maintain but you get stable and more predictable income.

You'd think so but I disagree. Investing is much more about luck compared to mining. Mining, eventually will pay itself off (granted you know what you're doing), whereas investing can burn you big time. Especially day trading. I like mining to be honest. I don't like day trading and speculating. I'm on my way to building my own mining farm. Which I've very much looking forward to. I like checking the machines and troubleshooting'em. There's something very comforting even about the noise ahahah.
vv181
Sr. Member
****
Offline Offline

Activity: 280


★Bitvest.io★ Play Plinko or Invest!


View Profile
November 01, 2017, 12:31:42 AM
 #67

For nwbie like me, i just focus on mining because i don't know whole the system of bitcoin. So, i read the forum more often and ask if i don't understood. Because i think personaly is too early for investment, it will be a lot risk if we don't understand about bitcoin.

i think that investing is much more easier compared to mining if your a newbie in the world of crypto because in investing all you have to do is to buy that coins and hold it as long as you have a good capital but in mining you need to do a lot of technical stuff and research  in order to get started and it also cost way too much compared to investing, so overall i wont recomend mining if your a newbie and dont understand much about how stuff works.
No, investing is a lot harder than mining for a newcomer, you just cant looking for a coin on a forum and blindly following whatever they read then expecting it to rise, you need a technical analysis for it and detailed plan, you must research what the project infrastructure offer. you cant wildly buy a coin that people suggest you must research on your own.

Well, I don't think so. Investing is more simple than setting up and maintaining mining rigs. However thing key here is to invest at the right moment.
With mining it's more difficult to learn, set up and maintain but you get stable and more predictable income.

You'd think so but I disagree. Investing is much more about luck compared to mining. Mining, eventually will pay itself off (granted you know what you're doing), whereas investing can burn you big time. Especially day trading. I like mining to be honest. I don't like day trading and speculating. I'm on my way to building my own mining farm. Which I've very much looking forward to. I like checking the machines and troubleshooting'em. There's something very comforting even about the noise ahahah.
No, investing didn't depend on luck but it can be learned and predictable, although it takes a lot of time to learn it, in the end,  it will give you a lot of profit and satisfy you.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
franco123
Full Member
***
Offline Offline

Activity: 168


JOLYY - The future of beauty!


View Profile
November 07, 2017, 01:30:49 PM
 #68

This is kinda confusing because mining is also investing. Mining takes up capital for equipment and so you are also investing into those equipments expecting a return from mining activity.

But if you mean by investing by buying Bitcoins, well that would be different. Wait until the market is down. Wait for the upcoming events this November to end because analysts say Bigcoin price will go down and go up again after this month.

Caladonian
Hero Member
*****
Offline Offline

Activity: 686



View Profile
November 07, 2017, 01:54:41 PM
 #69

This is kinda confusing because mining is also investing. Mining takes up capital for equipment and so you are also investing into those equipments expecting a return from mining activity.

But if you mean by investing by buying Bitcoins, well that would be different. Wait until the market is down. Wait for the upcoming events this November to end because analysts say Bigcoin price will go down and go up again after this month.
good thing explaining this fact mate because its really needed to informed people that mining is also investing not only with your equipment but also with your time, better to make sure that you understand it correctly before starting this venture, its an profitable investment but its really takes time and good knowledge before you can gain good earnings.

FORTUNEJACK.COM[
                             
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
           
]
rhamzter
Sr. Member
****
Offline Offline

Activity: 252


VIABET.IO PRE-ICO | NOV 14


View Profile
November 07, 2017, 10:29:32 PM
 #70

This is kinda confusing because mining is also investing. Mining takes up capital for equipment and so you are also investing into those equipments expecting a return from mining activity.

But if you mean by investing by buying Bitcoins, well that would be different. Wait until the market is down. Wait for the upcoming events this November to end because analysts say Bigcoin price will go down and go up again after this month.
good thing explaining this fact mate because its really needed to informed people that mining is also investing not only with your equipment but also with your time, better to make sure that you understand it correctly before starting this venture, its an profitable investment but its really takes time and good knowledge before you can gain good earnings.
Mining is also kind of investment, however in mining you just need to used a lot of time together with electricity. For me it's better to invest in different site like trading, because if you notice investment in mining is consuming a lot of money or bitcoin due to expensive equipment.
Therefore also you need low price of electricity, in that part in our country electricity is too much expensive so this is not applicable for me.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
WORLD’S FIRST CLOUD BETTING PLATFORM
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
SamsungBitcoin
Sr. Member
****
Offline Offline

Activity: 392



View Profile
November 08, 2017, 05:54:30 AM
 #71

This is kinda confusing because mining is also investing. Mining takes up capital for equipment and so you are also investing into those equipments expecting a return from mining activity.

But if you mean by investing by buying Bitcoins, well that would be different. Wait until the market is down. Wait for the upcoming events this November to end because analysts say Bigcoin price will go down and go up again after this month.
I think OP means that investing in other sites or mining, yes we all know that mining is form of investment but it would need to have huge capital unlike to invest in other site which has minimum amount of investment with corresponding percentage of interest.
For me both method is good to have but it will always depend on the capacity of one person and what is they really want to do.

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
2double0
Legendary
*
Offline Offline

Activity: 1176


JOLYY - The future of beauty!


View Profile
November 09, 2017, 01:30:51 PM
 #72

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?

Mining needs too much investment as well as stash and hardware in order to have a start up in this lean field. It would cost no less than 2500 - 10k USD to buy all the equipment you need to begin with mining during current days. Investing in Bitcoins will also be very expensive but it gives much better returns as well as possess less risks compared to mining where your electricity could cost higher or even cut off which will lessen the efficiency of your mining equipment.

            ███           ▄▄▄████████▄▄▄           ███       ▀███          ▀██▄ ▄██▀          ███▀
            ███         ▄████▀▀    ▀▀████▄         ███         ███          ▀█████           ███
            ███       ▄███▀            ▀███▄       ███          ▀██▄         ▄███▄         ▄██▀
            ███      ███▀                ▀███      ███            ███       ███▀███       ███
            ███     ███▀                  ▀███     ███             ▀██▄   ▄██▀   ▀██▄   ▄██▀
            ███     ███                    ███     ███               ███▄██▀       ▀██▄██▀
            ███     ███                    ███     ███                ▀███▀         ▀███▀
            ███     ███                    ███     ███                 ███           ███
            ███     ███▄                  ▄███     ███                 ███           ███
            ███      ███▄                ▄███      ███                 ███           ███
           ███▀       ▀███▄            ▄███▀       ▀███                ███           ███
██▄▄▄  ▄▄▄███▀          ▀████▄▄    ▄▄████▀          ▀███▄▄▄  ▄▄▄██     ███           ███
▀▀████████▀▀              ▀▀▀████████▀▀▀              ▀▀████████▀▀     ███           ███
........T H E   F U T U R E.................
......................o f   B E A U T Y
........


 ▀█▄             ▄▄▄▄▄▄
   ▀█▄      ▄▄███▀▀▀▀
    ▄██     ▀▀▀     ▄▄▄▄
 ▄▄▄ ██         ▄     ▀▀██▄
▀█▀█▀█▀▄       █▄     ▄██▀
               ▀████████
               ▀ ▀ ▀ ▀ ▀


      ▄▄
     ▀█▀▀▀

    █▄
     ███████▀▀▀
    █▄
      ▀▀▀▀▀
coin163
Full Member
***
Offline Offline

Activity: 224


A Decentralized Social Marketplace


View Profile
November 10, 2017, 03:56:39 PM
 #73

both way have their own risk.
Mine you need invest a lot to start and only get return after about 6 - 8 months and depend on the market price too.
Invest small amount and you would start at anytime, jump in any waves. Some time lose some time big win. But this way will be nice to start firstly

██▐        DROP DECK          Drop Deck Crowdsale      November 21st, 2017          WHITEPAPER      ▌██
Revolutionize Cross-Border Business Funding  |  The First to Complement A.I. with Blockchain
█▄          FACEBOOK          SLACK         TWITTER         ANN THREAD         MEDIUM         TELEGRAM          ▄█
airdagon
Newbie
*
Offline Offline

Activity: 28


View Profile
November 14, 2017, 02:29:33 AM
 #74

Hey, total newbie here looking to break into collecting coins lol

What is the most effective way to start?
How much would it cost to build a setup to mine verses just investing?
it would be good if you study a trusted place of investment and also not.
trading investment, this may be the most effective way to get started or get bitcoin.
usually in this way often in the limit with the capital.
usually also you can find trading and do not need investment first.
liseff3
Full Member
***
Online Online

Activity: 210



View Profile
November 15, 2017, 09:30:27 PM
 #75

Preferably, is investing parts of the funds into the mining industry. By investing in a fund, you have a few advantages.
Because,
1. Crypto coin mining is not as easy as it was once, there is still something good for the long terms investors.
2. The factors that influence on the profitability of the mining. These factors included the cost of hardware, hash rate, electricity rate, Bitcoin difficulty etc. So before going into the actual process, let first explore the factors that affect the bitcoin mining process.
Following are the main factors affecting the overall process of bitcoin mining and its profitability:
* Hash Rate
* Bitcoin Difficulty
* Coins Per Block
* Pool fees
* Power consumption, and
* Electricity Rate

Pages: 1 2 3 4 [All]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!