rahmathidayat93
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September 26, 2021, 09:00:39 PM |
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The capital spent on mining at this time is also getting bigger, in addition to expensive equipment, the cost of electricity also makes me hesitant to mine. For me, between Holding and Mining I prefer to do holding, this is much better in terms of energy and time that we use can be more efficient and can be used to complete other work.
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jakasantosa
Jr. Member
Offline
Activity: 448
Merit: 2
Think better
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September 26, 2021, 10:14:46 PM |
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Mining VS Holding if I choose for now, then I will choose holding, with holding we can search for coins through a bounty campaign or airdrop so we can increase our profits. For Mining at this time, I think there is still a chance to get multiple profits, it's just that equipment and maintenance costs money so that it will reduce mining income.
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Look Forward
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pinggoki
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September 26, 2021, 10:25:23 PM |
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Investing wouldn't require you to fork in thousands of dollars in resources alone to earn considerable profit. The thing about mining is that it is only profitable when there are lesser people on the pool, and since millions of people are already mining nowadays, there is a good chance that your standard rig wouldn't be so profitable after all. Investing on the other hand doesn't require that much money, just a good enough capital for you to start you journey, from there the path is already laid in front of you, and you just need to make wise decisions to profit. Mining VS Holding if I choose for now, then I will choose holding, with holding we can search for coins through a bounty campaign or airdrop so we can increase our profits. For Mining at this time, I think there is still a chance to get multiple profits, it's just that equipment and maintenance costs money so that it will reduce mining income.
This is funny but it makes sense for the beginner investor to scour the vast expanse of the internet for paid promotions and bounty campaigns, however, keep in mind that you may also need to invest a couple of your hard-earned dollars as well because as of the moment salary for such jobs don't sound so great. That's what I did, and it had helped me develop more into the investing scene.
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Vargas98
Newbie
Offline
Activity: 10
Merit: 0
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September 27, 2021, 09:28:42 AM |
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holding. Twitter has launched Bitcoin support for users but it doesn't seem to help
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noormcs5
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September 27, 2021, 11:23:57 AM |
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Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.
Mining is difficult, resource consuming and also expensive. Unless you have a very big setup, the mining may not be profitable too. The ROI on mining is very slow. Trading is easy to setup but you need to have full expertise to get good returns in trading.
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LimLims
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September 27, 2021, 11:45:50 AM |
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I have developed a project https://github.com/peroksid90/crypto_calculatorto compare mining vs holding. Contributions and comments are welcome. For example, you have 2500 $. You can buy a miner or just invest this money to BTC. Which is better in the long run? So at the end we see: the worst case: do mining and sell mined profit every day (red line) (7300$) the better: just buy and hold (olive line) (8200 $) the best: do mining and don't sell. (magenta) (12500 $) magenta and red doesn't include the miner market price. So actually we should add it to the profit, because the equipment price is also rise(even used). That’s a pretty great discussion that we need to participate. In my opinion I should vote for trading. As if you have 2500$ all in total, then you have spend more in electricity etc to mine the Bitcoins. Yes buy mining can give get profit, but if someone wants instant money then holding for some days can really give good profits then mining.
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Capt00
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September 27, 2021, 01:45:43 PM |
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Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.
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Mr.sprin
Full Member
Offline
Activity: 1554
Merit: 120
Buzz App - Spin wheel, farm rewards
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September 27, 2021, 02:32:58 PM |
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Holding is simple and low-risk, but it typically yields smaller returns. Mining is significantly more difficult to execute, necessitates large capital, and is riskier, but it can theoretically yield higher profits.
true, my friend really agrees that mining requires a lot of capital to buy mining machines and pay electricity bills, for those who have small capital the choice of trading is very appropriate and the risk is very small.
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Mamun74
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September 27, 2021, 07:19:02 PM |
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Mining vs Holding? For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
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boyptc
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September 27, 2021, 07:32:54 PM |
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hallo good night .... 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 in mining, it's profitable if you have huge capital unlike in just simply holding and buying bitcoin. It takes time as you profit but as you said, you're just taking a bare risk. So the idea of high risk, high reward is also applicable to this choice. But for someone like plankton like me, owning a mining facility is just a dream but thanks to holding, we can still be like them that can earn from bitcoin. Mining requires large capital, and for now I may not be able to realize it. just like you, roasting the coins that we have is a good choice at this time to profit from the investments we hold. but to hold it is not an easy thing, because sooner or later the market moves according to our wishes. different from mining where we get income from our mining activities Holding can be learned even having not that much resources and capital. In mining, you can learn that too but you need to apply and have the huge capital in able to start. Majority of us here are holders because we can do it easy.
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Murtaza345
Jr. Member
Offline
Activity: 546
Merit: 1
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September 27, 2021, 08:47:34 PM |
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I personally say holding is batter rather than mining because we came in this crypto fried for getting more and more profit and you can get huge profit by holding,I'm not saying the mining is not profitable,but mining profit is always less than holding and I always recommend hold, because by holding you can do your portfolio 2x,3x,and yes sometimes more than 10x,it's depending on the market, so hold is good option.because hold is gold.
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Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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September 27, 2021, 08:59:31 PM |
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Mining vs Holding? For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
Well it feels safe than mining --but people are still want to mine than holding because they have a lot of money to afford and that can able to have the capital to build mining facilities. So perhaps it is easy for them to choose to mine over holding, but in middle-class people, holding will perhaps be suitable for us since we dont have enough funds to build mining facilities. So on my side, this is just a case-to-case basis depending on your life status where you can afford it. Because holding is a low process of gaining profit than mining.
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mr500
Jr. Member
Offline
Activity: 82
Merit: 2
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September 28, 2021, 08:43:57 AM |
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Mining and holding depends on market cap and the time and priod . When the price of BTC $ 42k I invest in it and after that the price decline $39 to $34k eventually around six months later . On the other hand mining is the timing like when price pump just sell or trade get some profit . It should not or it couldn't predict which one is more accurate for mining or holding all depends on treaders experience and acknowledge .
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Mr.sprin
Full Member
Offline
Activity: 1554
Merit: 120
Buzz App - Spin wheel, farm rewards
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September 28, 2021, 03:39:45 PM |
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Guys, how are you doing with mining now? I'm just not sure if it can do the same thing now as it did before.
Currently the mining app crashes, I can't run the mining machine at the moment, so my assets are now stopped. I'm waiting for my mining app to run again. I asked my friends. They don't understand why the mining engine is now stopped. I really hope mining machines can run again.
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RiskySanchez
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September 28, 2021, 03:50:43 PM |
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Mining vs Holding? For me, I choose obviously holding. I think holding long term and It's more profitable than mining. Mining is a difficult and risky.When you start holding then you can choose valuable coin and hold long time, i think you can get good profit from Your long term holding coin.If mining and holding are two different thing but holding better than mining.
yes that's right holding is an easy thing without the need to think about equipment maintenance in mining, we only need to spend a little money for maximum results in the future. we only need to analyze the market and the coins that we will hold in the long term
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Baskeyairdrop
Jr. Member
Offline
Activity: 700
Merit: 3
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October 06, 2021, 09:01:48 PM |
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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.
Mining isn't profitable or easy for those who do not have enough money to invest into getting the right mining facility and equipments. It is difficult to set up and requires constant electricity which is quite expensive on the other hand holdling would only bear huge profit if the quantity of bitcoin you are hodling is much. Someone who is earning little and trying to live on the little he earns would find it hard to do any of the above.
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Ngewex Yuk
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October 07, 2021, 03:20:00 PM |
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I once mined bitcoin with S7 in 2016 unfortunately after the halving day I lost and sold 2 units of S7 in 2017, currently the difficulty level for mining is currently very high so only devices that have high specifications can profit, and holding is the thing that matters. easier and more profitable than mining.
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TIME TO SLEEP
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pjwaffle
Full Member
Offline
Activity: 539
Merit: 100
BIB Exchange
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October 25, 2021, 11:28:19 PM |
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If you buy BTC then You need time and patience to pay off the cost of your mining equipment to start making a profit. But if just buy bitcoin and it goes up 2%, you made a profit minus any fees you may have to pay. Not to mention that mining equipment is not easy to find and manufacturers cannot produce enough to meet the demand. failure of machinery and equipment will cause you difficulties, not to mention faulty software. so best i will choose to invest mined amount in buying BTC.
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DewiKirana
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October 26, 2021, 09:38:09 AM |
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If I was asked to choose one, then I would choose to mine Bitcoin. The reason is that by mining Bitcoin for sure every month I will get income from mining activities, if I just buy Bitcoin and just hold it it will be boring and not necessarily in one month I can get a profit.
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seramania
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October 26, 2021, 01:31:39 PM |
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in the case of mining or holding both have pluses and minuses. I see if this is better studied. I see that in the context of mining, the problem of electricity costs is a problem, we must really regulate the mining pattern properly so that profit can run. for holding we don't have to need anything and just wait for the price to increase. it's a choice between holding or mining
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