Mining vs Holding

[Lanatsa]

Majority would be choosing on holding bitcoin instead of mining since not all would really be that knowledgeable even with just talking on the technical aspect or setting it up

plus several factors which would really be a big headache to everyone because it isn't something a cheap thing  that everybody could dive in plus the profitability would always be in question.

Electric cost, taxes, regulation will really be the main problems if you do pursue out mining because this is where your profit would depend on.

[TelolettOm]

For this time, I will exactly prefer to investing mining.
Mining right now probably can profit less because of the high costs to spend.Moreover if mining equipment and cost at first is not high at all. Actually, mining maybe still worthy if we have lots equipment with high income.
Investing is more to put our money and let it be in our wallet. So that it doesn't need any special treatment. Justhiodl and wiat until the target prices are coming.

[BuNga_cute]

Majority would be choosing on holding bitcoin instead of mining since not all would really be that knowledgeable even with just talking on the technical aspect or setting it up

plus several factors which would really be a big headache to everyone because it isn't something a cheap thing  that everybody could dive in plus the profitability would always be in question.

Electric cost, taxes, regulation will really be the main problems if you do pursue out mining because this is where your profit would depend on.

I agree mining is too complicated to do, because to be able to get profit from mining is not as easy as getting profit from holding Bitcoin. I have tried
mining a few years ago, there are a lot of technical problems that we have to learn. Not to mention the purchase of expensive mining equipment,
then the large electricity costs and maintenance costs which are also not cheap. With all these things for now I prefer holding Bitcoin, because it is
enough to collect as much Bitcoin as possible according to our respective financial conditions, and be patient holding Bitcoin until the price rises to reach
the target we set. It is very simple to get profit from holding Bitcoin.

[TimeTeller]

For this time, I will exactly prefer to investing mining.
Mining right now probably can profit less because of the high costs to spend.Moreover if mining equipment and cost at first is not high at all. Actually, mining maybe still worthy if we have lots equipment with high income.
Investing is more to put our money and let it be in our wallet. So that it doesn't need any special treatment. Justhiodl and wiat until the target prices are coming.

It depends also with the financial capability of the user.
Some users can't afford an outright investment in mining equipment.
Because the truth is, you really need to shell-out a good amount of money before you can set-up your mining rig.
So some are venturing the route of buying and holding, because they can buy any amount that they can afford at that time.
But if you are really into mining, better invest also in solar or wind energy sources. It may incur good money at the start but once you recover your initial investments, it is already free afterwards.

[v3liana]

I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.

[rikybrosh]

I prefer like to do Mining, I don't like to let my money stop moving. I think if I invest my money to something rhat profitable then it will contribute to the economy. But if there is a project that is more profitable than mining then I will choose that project. I like to have passive income but if there are something that more profitable then I will just buy 1 minning tools and the rest of my investment fund will be invested to that project. I don't like only holding money except Bitcoin, ETH, TRX and some profitable cryptocurrencies.

[vania vin]

Right now I'm choosing hold because the price of coins is going down like coin eth and coin bnb, I'm sure in the future the price of eth and bnb coins will go up drastically, this is a good opportunity to buy these two coins, don't waste this golden opportunity.

[ethereumhunter]

I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.

Yes, it needs more knowledge and skills to build a PC and set the mining rig but you can get that info by browsing the internet. Holding the coin will be preferable for people who do not want to spend more money to buy the equipment because they also need to set a room for mining which can cost them more money. Besides that, mining will need many things to set up and the reward can not be as what we want because that will depend on the hardware itself.

[Dread Pirate Roberts]

Mining its not easy . its not only like calculating hash powers and estimate daily earning . there is much thing to do to calculate all those things such maintenance mining rig . cost electricity . miner running 24x7 sometimes also technical problem might be appear. and so on. sometimes the cost are more expensive if people are not really experienced with this thing. but if people are experienced with mining . mining are profitable.

[mckinleeanael07]

In my opinion, I don't like mining because it's too polluted, the investment environment is high and very difficult, prepare everything, if you have $2,500, invest in buying BTC easily and quickly, just recharge and go online Then place an order and buy it, it's great.

[clint25n]

both of them.have different views.between holding or mining, if.we are the majority.of bitcoin miners.maybe we really need a lot.of patience.in going.through the bitcoin mining process, because it takes.a long time, but if. ???we are really bitcoin investors.this is.normal to running a business.that is.enough to make us faced.with a process of more patience.time to start a business.in contrast to the altcoins.that we live only require a short time for the miners

[Obi theo]

Personally ,I will go for holding, both are risky ,and we need risk to make profit in almost all aspect of Crypto , but mining on the other hard is stressful , consumes energy , power etc... And what you earn from mining would be a little amount
 Holding it also risky but it safes a whole lot of stress and energy. why mining when you could buy the token or coin at a lower rate then sell when it moon.
I talk on my own point on view.

[ChiBitCTy]

I often have friends and family members reach out to me asking about bitcoin/mining etc knowing that I've "been in to" bitcoin/cryptocurrency for several years now.  What most people I don't think realize is that to be able to mine bitcoin, the setup would cost you an absolute fortune.  Then you have to be able to purchase all the equipment which is at a premium and hard to find right now.  I think for the VAST majority of people, sticking to just Holding makes much more sense.

[ReiMomo]

I would peacefully hold then go for mining. I have experience in both. I had to spent more time and energy towards mining. but obviously holding did not require all these except my patience. Just need to keep updating oneself with news around the coin we are holding. Always choose the best coins. Choosing the right coin will certainly yield a good profit when holding and selling at the right time.

[imstillthebest]

I prefer holding over mining.  because mining requires a large enough capital to buy a VGA.  Then the electricity cost per month for mining is very expensive.  Holding is very flexible whenever we can immediately sell our assets for take profit.

but of course if you mine the results will also be quite large because every day we get passive income and maybe it is true that mining requires capital first. but actually the feedback income is also much better I think.
and to hold is indeed more flexible but you have to be really patient when on this path

both require capital but only mining requires a little more because you need to buy a hardware that is up to date to mine effectively and mining uses more resources so you first need to recover your expense before saying your earning ,
 this is why  mining needs more patience than hodling .
when you hodl you can also get passive income  but maybe not everyday because market can experiece a decline .  

[geegaw]

I'm not smart enough to build PC and setting the mining RIG. In my perspective it's very hard to do and very complex to do it.

So i prefer to holding instead of mining, what i need to do just finding some good coins with amazing concept then do a research everything about that project, if i think this is a good project and matched with my profile investment then i just need to put my money into that project.

Sometimes you don't need too much intelligence, you just need money and hire people who can take care of the mining equipment and program its working links, the boss is just a manager in the back and gives an expression of satisfaction or dissatisfaction with the employees, knowledge is not too much, knows a thing or two about mining mechanics and profits and risks is enough. I quite like mining when recently, China's policy is opening up new policies of other countries in supporting mining, with conditions for mining to be more favorable.

[Tigerheart3026]

i have a lot of interest in learning about mining in depth but as far as i understand there are complications in getting it started as like powerful computer,high cost power supply,mining software and many more things.

so in case holding is easier for me than so much difficulties in mining.

[Silberman]

In almost all instances investing for the average person would be more worthwhile unless you can fill a warehouse full of miners with cheap electricity and then you would be earning a lot more over the long run. The thing is with investing it bares a lot of risks and you have to time it correctly with mining its generated passive income all the time.

Well, even if you had the opportunity to fill a warehouse and also have cheap electricity prices, the actual bottle neck will still be whether or not you can get your hands on a certain number of miners. The companies developing that stuff are also mining companies themselves. If they have cutting edge technology, they use it first and sell it to the retail market when they are 90% through with developing the next generation miner that's outcompeting the predecessor. 

Correct, it would not make sense for them to sell that technology without using them for themselves, so when you are faced with the kind of competition unless you are an expert on the topic and you have access to dirt cheap electricity then it is better to skip all of those additional steps to get bitcoin and just buy it and hold it, which is hard enough as it is for most newbies and there is no point to adding so much complexity right off the bat.

[Wakate]

I think for a person to mine a coin, there is need to have plenty of money and equipments and softwares for the mining to be profitable. Holding means buying a coin and leaving it for plenty of time for it to gain value before selling it. Mining might be immediately while holding is time consuming. Mining requires mining equipment and sophisticated softwares while holding need patience and time to make profits.

[amihada]

I prefer to hold because holding only takes time and patience, but don't buy coins carelessly, you can lose, if you want to hold, choose coins that have potential like eth coins, you will definitely get profits in the future.