Is it better to mine or buy Bitcoin?

[Delos]

Its up where you are located.

A matter of the price of the power you need to pay and the security to run your mining equipment safe.

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[romecheo]

Buy to some exchange or somewhere in local, If you want is just to have an instant Bitcoin. No need to buy machine and do service maintenance, no need to pay for higher cost of electricity and need good ventilation for space.

How ever, if you are enthusiast to build mining rig and have an initial investment. Go for mining is was more fun and your earning are profitable in a year.

[reynilynedago]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

Both are profitable ways of earning bitcoins at the current moment I should say. But if you're not willing to spend huge amounts of cash to buy a high quality mining tool and a stable internet, not to mention the possible huge increase on your electric bill payment, then it is okay for you to buy bitcoins instead rather than invest on bitcoin mining. But as I mention earlier, both are viable and profitable ways to earn bitcoins.

[bright4mech]

Both are good, by mine or buying of bitcoin, all depends own your capacity of your financial strength to invest and how long it we preserved for a better returns. Secondly, Base on current market price, i prefer to buy bitcoin and store, before it go back to normal price or higher, and the other way round mining of bitcoin require equipment and steady electric supply to enable the project go successfully which required a financial strength, As a beginner, the best thing to do is to buy bitcoin and went for few couple period and resale back and make your cool cash without stress.

[feny.blackpink]

if you want to do less effort, you better mining bitcoin.
trading bitcoin need some hard effort like monitoring bitcoin price.
for me, mining is safer and simpler than trading, but the earnings are not much.

[dyablo]

It is better to buy bitcoin it is more profitable

For me, buying and mining are both good, but it depends on your financial capability. You can buy a mining rig and a  source of electricity to make your mining possible and successful and profitable. But it is also good to buy bitcoin because it is in its low price, you can earn huge profit when the price gets to its highest peak.

[cobaahyuk]

I think it's better if you have a large enough capital, because if you buy bitcoin just wait for bitcoin prices soared up we can immediately sell it and make a very big profit,

[Kayla]

Mining or buying bitcoins is good, it depends on our ability and financial. Mining must have knowledge in its field, whereas I can not do that. The equipment is expensive and requires a lot of electricity, while electricity cost is expensive. Bitcoin is getting smaller while bitcoin miners are getting more and more.
If you buy bitcoin in small quantities, the benefits are also small. Similarly, buy bitcoin with a large amount, the benefits are also greater. The risk of buying bitcoin is huge because the bitcoin price changes very fast and it's unpredictable. Additionally, buying bitcoin takes a long time to wait for the bitcoin price increase.

[bitcoinpeople2]

Now mining is not a very viable option, unless you have the money to throw and buy all the expensive hardware it requires to mine bitcoin and also you would have to fund an independent power supply or your power bill will be off the roof, at this point it's just easier to buy and hodl

[shaheer001]

mining is good if electricity charges is less in your region or you have invested to generate your own electricity.Buying bitcoin for those who have no spare money is more risky so must think before taking any step.

[jamelyn]

It is better to buy and hold first then after you get much and much profit, you can start building your own mining rig which double source of income. It is also better to build it in countries with only 110 voltage of electricity consumption to get less bill from it and then put it in cold places.

[Verdika90]

if you are mining you need a lot of capital to buy a computer or device that has a high specification, and takes a long time to collect bitcoin, if you buy you also need enough capital to buy bitcoin and wait until when the right time for sell it, so I think it's better to buy than to mine, because the benefits of buying can be greater than the mine.

[kripkiki12]

I think It is better to buy bitcoin it is more profitable

[must_have]

Easy to buy bitcoin, and very hard and long to mine it . But you must have more money for buying bitcoin) I think it is your chioce! I would buy )

[Goodday]

of course I myself prefer to mine and the risk is not too big

[Noilee]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

It depends on the situation if you can afford the hardware for mining its better because you are earning without doing just your hardware was working and earning for you but the risky here was the maintenance if your device or your hardware. Buying bitcoin just like investment or trading was also better but also risky because of not stable value of bitcoin.

I agree with your opinion, mining is so expensive when we compare to buy. But if you want easily profit, just invest. But it based on the people if what they choose. But the best suggestions is buy, because its sure that you can earn more income and profit. Invest is much better than mining, because if you buy more bitcoin there is the possibilities that you will earn a good amount of profit.

[mung_nasib]

I think it's better if you buy bitcoin with a large amount because you only have to hold bitcoin for a while and sell it when the price is improving to gain a maximum profit.

[tylerderden]

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

But if you see the mining profitability then you will come to know that it is 6 months maximum to get ROI from your investment and in 6 months you will be earning free money without investing any time of yours so it would be passive income for you.
So if you ask me bitcoin mining would be a better choice between bitcoin mining and trading.

[fattyforhire]

I also believe that buying bitcoin is much more profitable and easier. You just buy bitcoin and you have it stored and grows in power, but the extraction takes quite a long time.

[Sumo]

When I was just going to deal with cryptocurrency, I considered the option of extraction, but then it seemed to me too costly and complex, and so I chose for myself the usual investment and completely satisfied with it.