Mining vs Direct Coin Purchase

[ahammedrobel]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

This Topic is BLock
thank to all of you for your Nice Suggestion.

[Alicelinlin]

What do you think suits you..The risk of investment into the market need to be careful。

[TokenForUs]

my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.

[masterrex]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

In my point of view Mining is more profitable if your country electricity cost is low since Mining is direct coin/token earning in the current price unlike Direct coin Buying you are not sure when the price is good till then what if the price will fall sharply your loss is hard to be imagined unlike mining if the difficulty is manageable with your Mining machines im sure you can earn some and if the cost of maintaining the machines +electricity is high you can simply unplug it thats simple.

[DaMut]

it depends on the coin that you are mining.
if you are mining a newly project,i think it would be better for you to mine it directly other than buying it.
because when you're mining it in an initial phase,you will get a lot of rewards from the blocks(let's assume it has a potential and value).
but if you are mining top cryptocurrency,i believe it would be better for you to buy it directly on exchange.
because it's wasting your time and effort to mine something like that.

[light22man]

I think now mining not profitable at all, only with big investment and cheap electricity. Better buy and hold some coins, you can make faster money than through mining

[shinratensei_]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

Mining is not profitable again as long as you can compete with another miner, You can see why the majority of people are investing directly to the ico. Because if they are using small scale mining rig and that takes a lot of time for them all to get their ROI. Mining is not about electricity and cooling. Remember the block reward can decrease anytime.

[BattleZeo]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

not profitable to invest 1-2 mining equipments. And depends on how high is electric charge in your country. Better to rent equipments from the farm.

[have1983]

my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.

It's good to be a ICO, but there are too many tricks now. How can you tell which projects are true?

[Klovezio]

my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.

It's good to be a ICO, but there are too many tricks now. How can you tell which projects are true?

I think ico of project connected with “mining” is easier to distinguish. For example, in which country will the project be executed? because mining requires high electricity usage and if electricity fee in that country is high, then the project will fail.

[Red-Apple]

you can do both.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.

[trickyriky]

you can do both.
first of all you can always switch between the altcoins you are mining and mine the most profitable shitcoin, usually the one that is getting pumped. and by doing that you maximize your profit while mining.
then you can also trade these coins and make more profit with the profit that you make effectively increasing it even further.

In case, you have the mining farm already or any other equipment where you can mine the coins, I'd better recommend you to use it - you do not risk ever.

[paramind22]

Get a bunch of older cheaper computers and stake coins such as Truckcoin, RAIN, VersionCoin, Healthyworm, Chess, 808, Compound, BUZZ, StackBit and Growthcoin.  They are high percent staking and low entry coins.  I have some ASIC miners also but they are barely profitable in summer months.  Staking is like mining but the entry fee is much lower.  They are both ways of circulating the blockchain of the coin which will always be needed in cryptocurrency.

You can then sell the stakes for more blue chip coins.

[bozo333]

my advise is just try to invest on ICO, do more research about the ICO you want to invest...you can thank me later if get many returns with this advise.
i'm not sure if direct purchase will reward more than you put on ICO.

ICO investment is little risky investment because we don't know the exact listed price and when it will growing forward but cryptocurrency investment is always safe we know the potential of the coin so we can invest easily and if you think it is bad for future anytime we can exchange our investment so I am not recommend to ICO investment.

[dalecom]

Speculative mining can be successful, pick some newer coins which have recently launched and mine as much as you can while the difficulty is low and then hold them until the price goes up.
Picking which coins to do this with can be difficult, but look at the team, if the website is professional, the roadmap and so on.

[makishart]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

Here's the comparison
Mining
- Longterm ROI (this will be suitable if there will be no halving and if the con will be getting another halving and then your ROI period will increase)
- ASIC domination, that means ASIC has been dominating all of the cryptocurrency right now and there is a lot of hash battle.

The only advantage from mining because you can get guarantee by owned your mining rig.

Direct purchase is much better compared with mining.

[Thyristor]

Mining is safe if very low income.But i'm not going to ICO investment,sometimes it was low risky now at the present time i see ico investment more risky this is my personal opinion.

[iqlimasyadiqa]

presently i have started altcoin Mining and USD valve of Total Generated coin is low.
littlebit high from Cooling and Electricity bill Cost.
quiestion is which is profitable Mining or Direct Coin Purchase?

Personally I think that buying coin directly is much more profitable because we can analyze the coin price. doing the mining requires a lot of things needed, we must determine from the beginning of the coin that we will mining and we admit all that it is very difficult.

In many countries that the cost of electricity is a scary thing because most of the operational costs should be used to pay for electricity. Oh yes we also have to have a very large capital to buy used hardware mining devices. So the conclusion that I would prefer to buy coin directly than have to do mining.

[teilwalL05]

Overall both have their advantage and disadvantage like both need certain amount of money so you can simply make a profit, In advantage of mining if your miner will always make a ROI you will simply don't need to think about expenses because you are assured that you can pay for it because you are accumulating coins from the mining RIG, But if you your mining paraphernalia doesn't have enough ROI to accommodate all of its expenses then better stop and change the coin you are mining, or maybe your place of choice for mining is not compatible at all, Well just purchase Coin directly but it will take a lot of time before it profit when the value increases.

[neinnein125]

Mining is in my opinion too much time and wealth consuming process. You need to be very proffessional at that coin to mine that efficiently. On the other hand buying off coins is so much easier, and you can do it in no time..