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Author Topic: BTC Mining vs Buying  (Read 4917 times)
Usafstar
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March 10, 2018, 11:19:22 AM
 #461

Bitcoin is good to buy now because the price are good now and if we buy bitcoin and then to hold it for the future it is a good way of making future and now the bitcoin price is fall again which is not good for the growing of this currency so for me bitcoin buying is better than mining for mining a lot of resources will be required and in the buying you have to pay at once and try to get some bitcoin through jobs and by providing online services to the bitcoin users.

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March 10, 2018, 11:22:16 AM
 #462

the mining of bitcoin vs buying, these two are good and sure to be earned, but if I choose between two mining companies I will be able to do it, because you just have to get out of the big investment and definitely reap what you earn.
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March 10, 2018, 02:48:47 PM
 #463

Depending on your condition, whether you currently have a minning rig or not. If you already have a minning rig then doing both is the best way, but if you do not currently have a minning rig then it's better to buy bitcoin because we also know that currently the bitcoin price is below $ 10,000.

i agree, and also we all know that mining rigs are so verry expensive nowadays especially those higher units or new versions. miners do also upgrade because the mining difficulty is increasing day by day. but  anyways  , the best choices to do is to buy a coin rather than mining it because buying is easy and verry profitable when compared to mining a coin. Mining do also takes time in order for you to mine a single coin and the maintenance cost isnt easy also.


     Correct. Mining requires a lot of resources and time to set up when you are jut starting up. Plus you have to consider the bills like internet, electricity, hardware, and of course the place where you will put your mining rigs. Because if you ever plan on doing it, you might as well do it big time. The only great thing in mining is that if the resources and the place you are living in makes the odds good for you, then it will be sure money and profits in just a few months.

     Now on investments. You see, investments or investing really requires a lot of time in learning the mechanics alone. And then shortly after that, you will also have to put a lot of time and effort in watching the prices all the time so you can really make sure that you will be buying on time and not buying just to lose all your capital on the next day. Obviously both really have their own shares of pros and cons, but if I had to choose, then it would be buying because it simply is easier in my own point of view.

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feny.blackpink
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March 10, 2018, 04:00:39 PM
 #464

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

the better way to get BTC is buying for now, because bitcoin now on the low price.
you will get profit if you sell it in the future.
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March 10, 2018, 04:30:58 PM
 #465

better to get bitcoin by way of buying, from bitcoin that we buy can be used to trade in order to get bigger profit. if we get bitcoin by mine, it takes a very long time to get bitcoin. we must have the patience to get bitcoin by mining. I got the information that bitcoin mining added more difficult.
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March 10, 2018, 05:16:23 PM
 #466

To get better profit i'll choose buying than mining because mining is not easy it takes time to process and requires a lot of resources then the mining rigs are so expensive, there's a possibility your electricity will cost bigger than the bitcoin you got and you need to know a lot about blockchain.
Most crypto user's today are prefer to buy/invest because it is more easy than mining and you have nothing to do, after buying you'll just need to be patient and wait to your target price.
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March 11, 2018, 09:59:52 AM
 #467

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.
Mining required some time and big investment Where as you can start buying bitcoin in just 10$ and hold them. Actually mining is more risky than buying bitcoins. You have to buy big systems and to buying those rigs and systems you have to invest hard as i said. You cant start mining with your Pentium 4 system.









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March 11, 2018, 02:34:12 PM
 #468

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

Are you sure that mining is no longer profitable ? i think it is still profitable.
you can mining with your own tools. it may need a funds to buy the tools, but in the future, your mining will bring profit to you

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March 11, 2018, 02:40:32 PM
 #469

Now it is not very important to use such a way of earning as mining because at first the video cards leave much to be desired for the price and get the miners from it not as before.
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March 11, 2018, 02:47:09 PM
Last edit: April 06, 2018, 02:17:40 PM by ThunderCatSteve
 #470

Mining is more handy, buying selling trading is related to luck too.
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March 11, 2018, 02:52:01 PM
 #471

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.
I think both are good investment options, and you need to make your own decisions. I prefer to buy bitcoin, which I think is more convenient and quick. But my friend prefers to invest in mining bitcoin, which he says is more stable because the risk of buying bitcoin directly is higher.
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March 11, 2018, 02:57:42 PM
 #472

As for me it's better to buy now while the price is not very high. Mine it means buying a video card that is expensive and then waiting for a profit that will not be completely soon, but after a while. If you are willing to wait then mining is a good choice. If there is no opportunity to wait, it is better to buy.
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March 12, 2018, 12:26:44 PM
 #473

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.
Mining required some time and big investment Where as you can start buying bitcoin in just 10$ and hold them. Actually mining is more risky than buying bitcoins. You have to buy big systems and to buying those rigs and systems you have to invest hard as i said. You cant start mining with your Pentium 4 system.

It is better not to go for mining of you think it will be difficult for you to set up a mining field as this really requires lot of resources as well as you need to have huge amount of investment required for that as well. However, simply buying of the bitcoins and then holding them for some longer period of time as it will help you in having some greater profit without making enough efforts.

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March 12, 2018, 12:52:24 PM
 #474

if looking at the current market conditions may mine could be the best solution, because we do not have to wait for high bitcoin prices to sell it. different if we buy it, then we have to wait higher price than when we buy it
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March 12, 2018, 12:56:26 PM
 #475

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.
I prefer to buy bitcoin directly. I think it is very simple and fast. We can get a lot of bitcoins in a short time. If you choose to mine bitcoin, you will need to wait patiently for a long time to get a lot of bitcoins.
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March 12, 2018, 01:33:42 PM
 #476

Now is time for buying. Smiley
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March 12, 2018, 06:04:18 PM
 #477

In any case, mining is a free way to earn bitcoins. Who can not afford a purchase, it is better to start with mining and become miners.

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March 12, 2018, 06:05:36 PM
 #478

Now is time for buying. Smiley
And can you find out how you came to this conclusion? Or is it a practical experience? Or did you say it just like that, without giving it much importance?

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March 12, 2018, 06:34:54 PM
 #479

Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

I prefer buying bitcoin rather mining it due to its difficulty to mine and you need atleast 6-8 months before you could recover your initial investment. Buying bitcoin then start trading right away if you already knew how btc and trading works.
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March 14, 2018, 11:23:42 PM
 #480

If the difference is indeed can be said whichever. If you were rich you may like buy bitcoin. but for me who don't have much money. I prefer mine bitcoin. Although long we can enjoy money bitcoin..
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