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Author Topic: why i prefer mining and investing in ICO/IEO  (Read 4414 times)
tambok
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November 11, 2019, 03:49:57 PM
 #181


That is because in investing, you are contributing in a project that is already successful but the decision of making you money big is you but in ICO, you are depending on the project itself if it is going to be successful and if it is successful then it is good for you but if not, you just wasted your time. It is all about taking risks. We are all taking risks here and different styles we are using to earn money. Some are preferring on investing but some wants to mine coins and other people wants only to join ICOs and support a particular project and earn money. It is all about being expert on what you are doing because if you are good in trading why you need to join ICO if you are expert on that. Maybe you can do both but you should manage time and everything.

Aside from that, this is because we do have different mindset, priorities, like and dislikes, for some it is easy for them to set up mining rigs as this is their line of work, for some, they love investing as they love analyzing numbers, market and they do have time to do this and this fit their preference. So, for me there is nothing wrong with it, for as long as we are doing something that our future will thank for whether mining or investing, both has potential to make money.
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November 12, 2019, 03:58:23 AM
 #182


That is because in investing, you are contributing in a project that is already successful but the decision of making you money big is you but in ICO, you are depending on the project itself if it is going to be successful and if it is successful then it is good for you but if not, you just wasted your time. It is all about taking risks. We are all taking risks here and different styles we are using to earn money. Some are preferring on investing but some wants to mine coins and other people wants only to join ICOs and support a particular project and earn money. It is all about being expert on what you are doing because if you are good in trading why you need to join ICO if you are expert on that. Maybe you can do both but you should manage time and everything.

Aside from that, this is because we do have different mindset, priorities, like and dislikes, for some it is easy for them to set up mining rigs as this is their line of work, for some, they love investing as they love analyzing numbers, market and they do have time to do this and this fit their preference. So, for me there is nothing wrong with it, for as long as we are doing something that our future will thank for whether mining or investing, both has potential to make money.
I also think this is more about preferences than anything else, mining may seem attractive to some if they have low electricity costs, this is not the case where I live and I do not want to worry about the depreciation of my equipment and worry about when to replace it.

And while I do not invest in icos I am a small investor and I prefer many times to do that than to mine coins, but I also understand those that like mining may not like to worry about every single movement of the market and what it could mean like I do.
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November 12, 2019, 06:22:20 AM
 #183

I like investing and mining but since bear market started mining have not been profitable as before so i just abandoned my mining rigs and focus on investing in new IEO projects from top exchanges

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November 12, 2019, 05:29:50 PM
 #184

You can prefer mining than investing to those ieos or icos but you can also say that profits are not assured. What if the coins that you have mined has no value and do you think that the time you have used mining that coin is worth it? It seems not, right?
I'm saying that you can also have a mistake with mining if you have mined the wrong coin.

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November 12, 2019, 08:35:58 PM
 #185

Mining is not that easy for everyone, it has many obstacles! If your country has a higher fee for electricity, then your profit is not ensured even you can lose your investment instead of making profits! But who has a low electricity fee, and who knows well about mining, they can easily make very good money through crypto mining and thousands of people are doing that! Investing in ICO is a big mistake, but investing in Binance, Kucoin IEO can be better than continuous mining!

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November 12, 2019, 08:44:47 PM
 #186

Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.

2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.



I really don't think that comparing them will do any good. Both have their own share of difficulty and downsides. You said you prefer mining because you don't have to wait to get profit? I thought everyone here are masters of waiting, all for the right timing. Even the miners I know wait up before selling their mined crypto because the capital they have invested in the materials and internet is not a small money.

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November 12, 2019, 09:23:34 PM
 #187

Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.

2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.



But miners do wait for the time when the prices are high enough to meet their expenses from running that expensive ring and internet bills. You already said that you hold coins, so technically you wait for greater profit. We all have our strengths in the field of crypto industry we are part of. So, I am begging you not to make other jobs here less superior than yours. Comparisons, knowing their pros and cons are great takeaways, but there are many ways to convey them. Nevertheless, I hope you good luck in mining.
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November 12, 2019, 09:35:49 PM
 #188

Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.

2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.


Agree, i'm still mining too. I mine GRIN. I joined in 5 ICOs in this year and three of them have scammed me and one of them still don't get listed in any matket. Maybe the money that i have invested in scam icos is enough to make another mining rig. I will stop investing in ICO and keep mining to get some profit.

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November 12, 2019, 10:24:24 PM
 #189

I understand why you say that. Mining is really much more profitable than investing in ICO. But in terms of start-up capital, it is much more expensive.

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November 13, 2019, 12:49:04 AM
 #190

Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.

2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.


Agree, i'm still mining too. I mine GRIN. I joined in 5 ICOs in this year and three of them have scammed me and one of them still don't get listed in any matket. Maybe the money that i have invested in scam icos is enough to make another mining rig. I will stop investing in ICO and keep mining to get some profit.

Indeed mining attracts more people. Coins that are minted usually have a quite favorable price. In contrast to ICO which is more speculative, in my opinion the ICO market is now different from a few years ago where many good projects were produced
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November 13, 2019, 06:50:07 AM
 #191

Ive stop mining and investing as well, i have my bags full of altcoins that i plan to hold for years, new projects are not so good anymore and even ICO projects of 2017 are now mostly useless, i still hunt for good altcoin but only in bounties, if the project is good enough i might add them to my collections
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November 13, 2019, 08:04:08 AM
 #192

Mining if the electricity costs are high the same as loss, so stop it. But if your electricity costs are cheaper, please continue your mining.
Investing in an IEO/ICO project is the same as a bet, because it's not necessarily ROI, it can end up being a scam.
It is most appropriate in my opinion investing/trading in coins that have been running for a long time such as BTC, XRP, eth, ltc, xlm. all of this can be trusted and will give good profit, all you need is patience.

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November 13, 2019, 08:10:10 AM
 #193

Mining is completely a decent method to acquire crypto on the off chance that you are in a cool spots and the power isn't costly. I additionally like your concept of putting resources into IEO particularly in significant trades like binance in light of the fact that the benefit is ensured when your ticket has been approved .
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November 16, 2019, 06:03:45 AM
 #194

I understand why you say that. Mining is really much more profitable than investing in ICO. But in terms of start-up capital, it is much more expensive.
This is what stops many from trying to mine coins, to become a trader you do not really need a big capital, there were many stories in the past of traders that started with less than a thousand dollars and now are rich.

But with mining you will need a lot of money and you still need to select the right coin to mine, you could take your chances with new coins and expect that at some point in the future those coins become valuable but that is a very risky bet not much different than investing in icos.
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November 16, 2019, 06:12:03 AM
 #195

Some ICO and IEO,s hurts by selling below price while some would even dump on investors unless a good project after series of investigations or a project on a good Exchange. but mining gives profit as you have nothing to loose though tasking and time consuming but ones you mine a good tokens you are sure and certain on selling and making money. There's certaintity in mining than ICO or IEO.

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November 16, 2019, 07:09:54 AM
 #196

I do not know how to mine bitcoins and ethereum that is why I can't say anything about it. I also do not invest in altcoins by directly buying and trading it from an exchange but I do know how to join bounty campaigns in order to earn and receive altcoins as payment. Yes, I do agree that some ICOs (most of them to be honest) turns out to be a scam, and believe me, I experienced it so many times, but it doesn't stop me from investing my time and knowledge doing this kind of work. I do not have the capital to buy altcoins to start with. I only have spare time to join bounty campaigns like what I've said before, although it is too risky to be involved in scam ICOs, if you are lucky enough to join legit campaigns, the profit is good too.
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November 21, 2019, 04:34:03 AM
 #197

Mining if the electricity costs are high the same as loss, so stop it. But if your electricity costs are cheaper, please continue your mining.
Investing in an IEO/ICO project is the same as a bet, because it's not necessarily ROI, it can end up being a scam.
It is most appropriate in my opinion investing/trading in coins that have been running for a long time such as BTC, XRP, eth, ltc, xlm. all of this can be trusted and will give good profit, all you need is patience.
Investing in established coins is by far the best choice, but as the price of most coins begin to go up most investors become reluctant to invest in those projects and prefer to wait until the price goes down.

But another reason why many prefer to invest in icos or ieos or prefer to mine some coins is because the capital they have is simply too small to buy a significant amount of the coins that lead the market and they prefer to take the risk with unpopular coins.
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November 21, 2019, 05:12:05 AM
 #198

I think everyone has different choices. we cannot force others to like what we like. mining and investing both have advantages and disadvantages. all depends on ourselves more comfortable doing which. I prefer investing ICO / IEO rather than mining. because I don't have enough money to buy a mining tool and also I think the operational costs to be incurred are quite large.

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November 21, 2019, 07:39:41 AM
 #199

I think everyone has different choices. we cannot force others to like what we like. mining and investing both have advantages and disadvantages. all depends on ourselves more comfortable doing which. I prefer investing ICO / IEO rather than mining. because I don't have enough money to buy a mining tool and also I think the operational costs to be incurred are quite large.
This is right, we have different preferences when it comes to earn profit. As long a person can manage to earn and have a funds to purchase mining tools and the cost for electricity in our country is expensive. I don't invest in Ico’s or Ieo these days, I’ll just invest in trading on top crypto in the market which is not mentioned above.
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November 21, 2019, 07:43:48 AM
 #200

I think everyone has different choices. we cannot force others to like what we like. mining and investing both have advantages and disadvantages. all depends on ourselves more comfortable doing which. I prefer investing ICO / IEO rather than mining. because I don't have enough money to buy a mining tool and also I think the operational costs to be incurred are quite large.
This is right, we have different preferences when it comes to earn profit. As long a person can manage to earn and have a funds to purchase mining tools and the cost for electricity in our country is expensive. I don't invest in Ico’s or Ieo these days, I’ll just invest in trading on top crypto in the market which is not mentioned above.
ability is indeed the basis for doing great things, if he likes to do mining because he can to overcome it compared to if he does new things then have to learn many new things again.

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