BTC - Buy it OR mine it...

[cwiney]

Just buy it and keep it as long as you can. You don't have to think about the maintenance fees, etc and i think the profit will also be higher

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[yulionoo]

mine maybe. the have passive income, and he can do anything to spent the time. can use to doing thing that make earn active income or joy the bath tub and all day.
buy bitcoin no need a lot of fund. how much you have in your pocket is enough for buy and save them, selling at high price. if you mining, you need more money to buy tool for mine, but if its done you will get passive income

[MakeMoneyBtc]

It depends on the capital you are starting with. If a you have a big capital to open a mini farm where you can mine bitcoin then do it. On a long term it will be more profitable and you will get passive income. But take in consideration the time you have to spend to research all the equipment you need and also that you have to keep your eyes on your farm. Also take in consideration that mining becomes harder every day so from time to time you have to upgrade your equipment wich will cost more money.

I would personally recommend to buy bitcoins and hold it. It is much easier that taking care of all mining stuffs. Just buy bitcoins and set a target and when bitcoin price reaches the target you proposed sell your bitcoins. The only thing is that you have to research and wait for the perfect moment to buy bitcoin and that is after the price falls(it depends on more factors)

[layoutph]

If you have enough money and cheap electricity then mine bitcoin. In few months you can regain the money you spent with the miner. 

Jack and Jill have a bathtub full of 20 Dollar bills that some old Baby Boomers left them when they kicked the bucket.  The contents of that bathtub total 5,000 USD.  Jack has a good Job with plenty of flexibility while Jill works from home.  They have no children with no plans to have any.

Jack comes home after reading all the news about BTC's soaring prices.  He says to Jill he would like to get involved and see what BTC is all about first hand.  Jill turns around and says i heard about it as well... I want to trade the volatility during the day.  Jack says he would like to run a Mine. This would allow him to generate passive income. 

How would we best accommodate Jack and Jill in the above scenario?

[component9]

For mining, try this calculator to help you figure out your profitability - enter your miner's hardware cost and rate for electricity. Also adjust the difficulty since it changes every 2 weeks...

https://www.coinwarz.com/calculators/bitcoin-mining-calculator

But as others have said, you're probably better off buying bitcoins, holding half, and trading using the other half.

[anthinguy21]

At the moment I think you should better buy it ). To buy 1 BTC you need to pay more than 10k$ at the moment but to can be able to mine 1 BTC at the moment you need to pay more than 10k$ many many times ). The mining difficulty of Bitcoin at the moment is very high so to mine about 1 BTC it'll take you very long time to mine enough beside you will need to invest a lot of money if you want to mine it fast )

[Decoded]

The price just dropped. Your best bet is just to buy it now and hold for the future.

Mining is really risky and generally unprofitable. You need a place that's relatively cool, not humid and with cheap electricity. If you really want to mine and make money, you'll have to mine an altcoin. I see everyone wants to try mining to make money, but it doesn't work like that. Your profits are small, and they grow over time.

[WarCruz]

i dont think its good to mine bitcoin without asic miner (so if you have one try it, if you want to buy one i wouldnt do it). you can try altcoins with GPU mining (if you are a gamer and have good graphic cards, i wouldnt buy one right now, better wait for Ethereum Casper and then  they should be cheaper. I might be wrong

[CryptOliver]

if the jack has a good coin and still compete in the market, and the little boys feel lucky as long as he is in it, surely he will survive ....

[50ouncebrew]

At this point, it really makes no sense whatsoever for an individual to try their hand at mining if you do not have at least $1,000,000 to put up front into investing in your mining farm then just forget about it. You need to consider your location, electricity costs ond ROI and most people these days cannot get good ROI unless all of these factors and more are optimized.

[sletra]

Mining isn’t for everyone. It’s hard and you need lots of mech info. But buying is just more convenient if you’re rich enough.

[CryptoParadigm]

Just buy it and keep it as long as you can. You don't have to think about the maintenance fees, etc and i think the profit will also be higher

I like experience value of BCT mining as well as $$$

[khaled0111]

Buying Bitcoin and using it in trading looks easy and in reach of everyone, but the reality is completely different. Trading is too risky and only experts should do that.

Unlike trading, mining can grant a stable income. You have to spend some money to buy the required devices to create a mining farm and of course you have to learn how to run it. If everything is well setup, you will be able to cover your expenses in a short period and then start earning.

If you have enough experience invest in trading and you will make a fortune, else stick to mining it is safer.

[lepricoin]

It is necessary to share risks, buy bitcoins for
money, and then divide these sums into several parts, and trade on the stock exchange. This is ideally of course)

[Caesar-Giulius]

The easy way out is to buy BTC and hold. Mining is time consuming and might not be profitable unless you have very cheap electricity. And you have to put up with the noise level, maintain your hardware and etc.

[vincentong17]

i will buy it coz i know how to use it for rading purposes once i have it. i will diversify to buy that in altcoins and hold it for long term. mining is difficult for me and i need alot of money to buy those hardware.

[FasTroy]

Just buy it and keep it as long as you can. You don't have to think about the maintenance fees, etc and i think the profit will also be higher

Same here, I go for the buy if i have a lot of money, Only in this case, because i know that i will make a huge profit if i only invest in bitcoin itself. I mean that i buy a lot of bitcoin and keep them in my wallet. Maybe after that i will decide to buy some mining hardwares and start mining with this money.

[sorrysteve1]

Jack and Jill have a bathtub full of 20 Dollar bills that some old Baby Boomers left them when they kicked the bucket.  The contents of that bathtub total 5,000 USD.  Jack has a good Job with plenty of flexibility while Jill works from home.  They have no children with no plans to have any.

Jack comes home after reading all the news about BTC's soaring prices.  He says to Jill he would like to get involved and see what BTC is all about first hand.  Jill turns around and says i heard about it as well... I want to trade the volatility during the day.  Jack says he would like to run a Mine. This would allow him to generate passive income. 

How would we best accommodate Jack and Jill in the above scenario?

If we are sticking to the budget then it becomes difficult to accommodate both options as the funds would be stretched trying to set up a good mining rig and then having enough left over to trade with. Of course a lot depends on other things such as where they live or what gear they may already have as well as experience. For a completely clean slate in a relatively profitable country for mining I would say they should mine. They can grow their income and over time Jack can give some of his returns to Jill and she can begin to trade with it.

[Digitalbitcoin]

Bitcoin have give great way of investment, rather it may by investing money for buying BTC or generating BTC by mining. Bitcoin have defined its parameters, which are unique. And this unique points make bitcoin different.

Buying Btc is always seems tough for users, because of price fluctuation. But it was great tool for investment. Now a days buying BTC is quite hard. Even Mining is also to hard. Day by day difficulty level, block size, block height are increasing comparing to contributed hash power for generation of Bitcoin. So make own and R & D and use own intelligence to make final decision as price and time varies conditions.

[Silent Money]

I think Buying would be better if you only have money and its also for instance not like mining you'll cost more time and even electricity for it to generate more..But for safety Mining would be better If you could only have the patience of it..