Crypto mining versus buying coins for the same amount of money

[rotharium]

(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?

[1714124624]

1714124624

[1714124624]

1714124624

[shinratensei_]

(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?

Buy cryptocurrency instead of building my mining rig and why?

Remember if mining is a long-term business that means if you will be getting your ROI after you have wasted some years to mine coin with your mining rigs. That would be involved very high risk if you were not mining it when the difficulty was easy. If you are mining needs so many consideration, electricity, difficulty increase and many more

[Ini35]

In my opinion, i feel investing in coins by buying them is much better and safer than mining. Although they both have their disadvantages, but buying coins has lesser disadvantage. The challenge i find with buying coins is that you will have to do proper research on the coin you want to buy, before investing in it. From what i have learnt, most times, it is better to buy the dip of some of these coins. Except you are sure that the coin still has more potentials even at the rise, before you will consider a coin that has not plunged.

[saruxanyan]

Of course the best way will be to buy a different crypto currency in order to then later hold it and wait for the first one to rise for sale.

[rotharium]

I would also prefer buying, but actually there are so many companies/ICO startups which base their business model on Crypto mining, so I was asking myself if they know something I do not know?

[della46]

if seen from the potential of an investor in my opinion greater profits to be gained but a miner can also get a much greater advantage if the coin mined increased in high numbers.

[assegaft7]

dont waste your money if you cant get risk

[TRONTON]

I think it would be more productive if you buy some coins and store them, rather than if you had to build a mining tool and it takes a very long time and cost to cover the initial capital you spend, especially now the market is being corrected and the time is right for you to spend on existing assets, see CMC if you want to invest with a small risk of investing better in coins on page 1 in CMC.

[ranoby]

I think buy altcoins better way. Cos for good mining profitable u need a lot more money than you have. But when u invest its more risky then mining. So mabe u can mine GPU currencies (that have asic resistance)

[altcoinhunter01]

I prefers buying of coins rather than crypto mining because crypto mining requires huge hardware and electric powers or mining and also skills to use them.So my opinion prefers buying the altcoins and hold them for good returns in future.

[rotharium]

I think buy altcoins better way. Cos for good mining profitable u need a lot more money than you have. But when u invest its more risky then mining. So mabe u can mine GPU currencies (that have asic resistance)

"Invest is more risky then mining" - but what happens when they change to proof of stake in e.g. one year and all the mining power is useless then?

[13abyknight]

(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?

I would just blindly rule out the first option and go with the second as mining is getting harder with the best coins in the market because of the unrelenting new rigs joining the pool on a daily basis. Don't forget, you need high power rigs which can get you nice hash rates and settle for nothing below it.
Instead of that, do market analysis on a daily basis and make yours picks with the knowledge at your disposal. It's definitely risky but much better compared to looking after a mining plant which doesn't even put you at competition at earning as much as the highest rigs do.

[sunX3]

Honestly I think setting up your own mining rig and everything is just too much work and time-consuming.

Investing on the other hand is way faster and safer IMO.

[reyasuo]

Before deciding Mining or Buy some coin, we must know the advantages and disadvantages.

Mining
- the advantages of miner is we will get a definite and measurable result of the capital we invest.
- and the drawback is we should be more patient because mining is a long term investment.

InvestCoin
- the advantage of coin investment is that we can profit in a short time by trading. (note : we must have a good analysis of the market)
- and the drawback is a high risk factor, if we are less experienced and do not have a good analysis, we can lose our investment.

all there are advantages and disadvantages, if we want to mine, we must survey the mining equipment that we will use and prepare funds for maintenance. And if we want to buy coins, we must study the current market and have to be careful of price fluctuations.

[coingrow]

(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?

I have been mining now for some time and hence I think I am qualified to answer this. If I could go back in time and undo buying the minining rigs that I did, I would not think over it twice. Mining is not easy. First you have to find new coins which have great fundamentals and are POW based to mine. These days there is lots of competition and there have been instances where the coin is mined even before it is introduced on bitcointalk and when it is introduced here many people rush in to mine it. If you think you can make money mining normal coins such as ETH ETC or KMD etc, you are mistaken. With the same amount of money that you buy cards you can easily buy more number of coins that the rig will ever mine, especially now that the prices are so down. Lastly, consider the cost of electricity and time that you will have to spend maintaining your rigs.

[IloveDigibyte]

I think if you have $100k to spend, you would know what to do and not ask here.
If you don’t know what to do with $100k, I would suggest to hire consultant, that can make you a good investment plan and walk you thru the obstacles and risks. 

[nicolas1979]

(IF) I have $100k to invest into crypto, what would you suggest:
1) Invest into mining equipment and start mining?
2) Buy crypto currency and wait?
Which way is better to get higher output or is mining still profitable?

I believe buy crypto and wait is the best option, I'm not suggest mining because it's look simple but mining equipment is expensive and patience in long term period really needed. For buy crypto, you only need do some research to replace your money ( split it in some coins ) and use martiagle money management to anticipated long term period down trend. As long you have patience, this simple strategy will give you income. Try it and good luck.

[Cryptokingind]

It is always depends on you but My suggestion is if you want to invest $100k in crypto, then you can invest your 50% of amount in already established top ten coins, and 50% of your investment used for mining because mining gives you stable returns in long term.

[ubi88]

Buying is faster but more risk involved.
Mining is much slower but less risk involved because your cost is usually only electric.

[xarly1]

If you are interested in mining of top coins, it has very little meaning, because the current price is almost correlated with the break-even point and almost unprofitable.