mine a Bitcoin or buy a bitcoin？

[|MINER|]

Buying bitcoin and Mining a bitcoin is completely different from each other , buy a bitcoin is part of trading where you need a fund for trade and on the others hand to do mining you need to set up a Rig and not only that it requires a lot of electricity. And the price of bitcoin is now over 19k it's mean a lot on the others hand You can build a setup for mining for less than 1 bitcoin but mining will be time consuming. Now try to see which one you can put effort into first.

[len01]

actually it's not all that complicated. if you have enough money, you can make a machine to mine bitcoins and if you don't have much money you can buy bitcoins little by little and hold until you have a few bitcoins.
like me, i'm currently following a signature campaign that pays for bitcoin and when i get the bitcoins i collect them into a few bitcoins without selling them. and in the real world i also work in a company and the salary i get from work i buy bitcoins a few % to increase my assets in bitcoin.
i'm never afraid of losing the money i've made into bitcoin because my mind is bitcoin is the best money.


so the conclusion is mining bitcoin or buying bitcoin is the same, it's just different circumstances and ways

[Daltonik]

The choice between buying and mining, I do not consider cloud mining as mining, but as a risky investment and there are much more risks here than just investing in the purchase of bitcoin. And I believe that it is better to choose the purchase of bitcoin here, of course, just continuing to buy on the fall and this will compensate for your drawdowns. For mining itself, you need significant initial costs and even fixed costs for paying electricity bills, repairs, of course, unless you are an enthusiast and have enough funds to organize a large mining farm.

[Tony116]

The choice between buying and mining, I do not consider cloud mining as mining, but as a risky investment and there are much more risks here than just investing in the purchase of bitcoin. And I believe that it is better to choose the purchase of bitcoin here, of course, just continuing to buy on the fall and this will compensate for your drawdowns. For mining itself, you need significant initial costs and even fixed costs for paying electricity bills, repairs, of course, unless you are an enthusiast and have enough funds to organize a large mining farm.

Mining can also be profitable but it will be difficult to hold in the beginning, with buy and hold you can start with any amount and we can accumulate over time. But to mine, you need a very large initial amount to buy mining equipment, operating costs, maintenance, repair... and depend on a lot of energy sources. If you live in an energy scarce and expensive country like Europe, mining these days will only make you a loss, not a profit, not to mention the bear market that causes the bitcoin price to plummet, mining will not be profitable and to sustain sometimes you need to spend a lot of money during this time. In my opinion, mining is more suitable for large-sized organizations and companies than individuals.

[Kaliandra]

it seems that if you mine you have to have very large capital and you have to have a lot of knowledge, personally I prefer to just buy btc because I don't know much about mining, if you buy you just have to think about the strategy and the right time to buy it. because in my opinion the most important thing is to benefit from investing in btc, such as buying in a bear market and selling in a bull market.

[sesterceshop]

I think mining Bitcoin could be better than buying Bitcoin for several reasons. First, mining Bitcoin is more stable and predictable than buying Bitcoin. You don’t have to worry about the price fluctuations and market risks of Bitcoin. You can earn a steady income from your mining machine every day, as long as you have enough electricity and internet connection.

Second, mining Bitcoin is more rewarding and satisfying than buying Bitcoin. You can feel the joy of creating new bitcoins and contributing to the security and decentralization of the network. You can also learn more about the technology and innovation behind Bitcoin.

Third, mining Bitcoin is more cost-effective and profitable than buying Bitcoin. You don’t have to pay high fees and commissions to buy Bitcoin from exchanges or brokers. You can also take advantage of cloud mining services that offer low-cost and high-performance mining machines.

That's why I think mining is better because you can get more bitcoins for less money.

[noormcs5]

Buying bitcoin and Mining a bitcoin is completely different from each other , buy a bitcoin is part of trading where you need a fund for trade and on the others hand to do mining you need to set up a Rig and not only that it requires a lot of electricity. And the price of bitcoin is now over 19k it's mean a lot on the others hand You can build a setup for mining for less than 1 bitcoin but mining will be time consuming. Now try to see which one you can put effort into first.

Mining bitcoin BTC is no longer possible for an individual due to the increase in the difficulty and we need heavy equipment to mine bitcoins.

Buying bitcoin is the only option left with us and it is the more convenient option between the two. However, we should buy Bitcoin in the bear market or before the start of the bull run. Many people buy bitcoin in the bull run at high prices when the whales and investors are actually dumping them.

[bitzizzix]

It's simple, if you want to have lots of bitcoins without effort and time, without very large capital, without thinking about maintenance and so on. It's better for you to buy bitcoins and you can also have lots of bitcoins by buying them regularly or carrying out the DCA strategy, and without worrying because you just sit back and wait for the price to rise even though it takes a long time because bitcoin is a promising long-term investment.
mining in my opinion, it's just a waste of your time, effort, money, electricity or sanity trying to do something highly technical and expensive that you don't understand. If there is something easier and cheaper because we can buy as many bitcoins as we can afford and in the long run we will have a lot of bitcoins if we do it regularly, why not choose to buy.

[Bitcoin_people]

There are two ways to acquire bitcoins one is mining and the other is investing money. Basically Bitcoin mining costs a lot but there are some mining that do not cost anything. But I think buying with bitcoin money is more convenient than mining and it costs less and is easier to do. But in order to mine bitcoins, there are many types of costs to be paid, then when the mining machine is turned on, the cost is constantly falling, and the amount of bitcoins to be mined is also specified. So buying and investing in bitcoins is beneficial and there is not much risk involved. It has been observed that when the price of Bitcoin falls, it suffers some losses but then compensates again. In that case we can easily buy bitcoins at lower cost than mining but mining is better but the cost increases a bit.

[Litzki1990]

Buying Bitcoin at the right time is a better decision than mining Bitcoin. Bitcoin mining is not that easy, Bitcoin mining usually requires a lot of electricity. In addition to electricity, many other devices are required to mine Bitcoin. If the price of electricity is high and if there is no electricity all the time then Bitcoin mining can be loss making rather than profit making. Buying Bitcoins is more profitable than mining Bitcoins if you can wait and buy Bitcoins at the right time without mining them. I think buying bitcoins at the right time is a better way than mining bitcoins

[lousie9]

mining in my opinion, it's just a waste of your time, effort, money, electricity or sanity trying to do something highly technical and expensive that you don't understand.

Yes you're right, it's true that mining Bitcoin requires a lot of preparation in my opinion and operational costs are expensive, even now there are more scams in cloud mining.
I also think it's better to buy and hold it because it's simpler and less complicated to prepare and we don't have to think about operational costs in mining and maintenance costs and so on.
Mining or buying doesn't matter as long as we have to do what is in accordance with the conditions, abilities and knowledge we have. In my condition and knowledge I think it is more risky to mine than to buy and hold.

[CageMabok]

it seems that if you mine you have to have very large capital and you have to have a lot of knowledge, personally I prefer to just buy btc because I don't know much about mining, if you buy you just have to think about the strategy and the right time to buy it. because in my opinion the most important thing is to benefit from investing in btc, such as buying in a bear market and selling in a bull market.

Buying also requires basic capital even though everyone can provide capital according to their abilities, because buying Bitcoin can also be done with little or sober capital. And what distinguishes this from mining is the device or tool that must be there when you want to do mining, besides that mining does not need to see a certain time or moment, such as buying at low prices and selling at high prices.

Actually, both of these things must have a strategy and both have risks with their respective levels. It's just that some people are just more concerned about which things are easier for them to do at any time based on the level of knowledge they have. So, in this case, of course, more people choose to buy with as much capital as they can, rather than making mining devices that can cost more.

[posi]

Buying Bitcoin at the right time is a better decision than mining Bitcoin. Bitcoin mining is not that easy, Bitcoin mining usually requires a lot of electricity. In addition to electricity, many other devices are required to mine Bitcoin. If the price of electricity is high and if there is no electricity all the time then Bitcoin mining can be loss making rather than profit making. Buying Bitcoins is more profitable than mining Bitcoins if you can wait and buy Bitcoins at the right time without mining them. I think buying bitcoins at the right time is a better way than mining bitcoins

If buying bitcoin is more profitable than mining bitcoin then why do we have millions of miners and miners still active? Even bitcoin mining organizations are much bigger than investors, not to mention maybe miners are the big whales in the market. They could spend millions, billions of dollars mining bitcoin, they wouldn't be so stupid as to not know which one is more profitable.

For investors who do not have too much capital, buying bitcoin will be a better choice than mining, but if you have large capital, cheap and abundant energy, mining will bring better profit and much more stable than investment. So make a fair judgment on a case-by-case basis, don't just rely on what you do and think it's for the best.

[kingvirtus09]

If I only had enough money to buy an asic miner, I would prefer to mine Bitcoin because there is no hassle. As long as the kwh consumption of my electricity here in my house is also low. It's just that electricity is expensive here in my country, so Bitcoin mining is not practical in my area.
So, my choice would be to just buy Bitcoin and do day trading to accumulate earnings every day, which anyone who will do trading activity in the crypto space should also have enough knowledge.

[Makus]

Buying of Bitcoin would be better than mining as there are other expenses added to buying of Bitcoin
Bitcoin mining profit is determined by the amount of computer power which is the amount of miners in your mining farm an their hash rates, recommended miners are up to hundreds of tera hash per second which cost about thousands of dollar, so imagine you buying 50 miners which consumes kilowatts of electricity.

[taufik123]

Buying Bitcoin at the right time is a better decision than mining Bitcoin. Bitcoin mining is not that easy, Bitcoin mining usually requires a lot of electricity. In addition to electricity, many other devices are required to mine Bitcoin. If the price of electricity is high and if there is no electricity all the time then Bitcoin mining can be loss making rather than profit making. Buying Bitcoins is more profitable than mining Bitcoins if you can wait and buy Bitcoins at the right time without mining them. I think buying bitcoins at the right time is a better way than mining bitcoins

When is the right time to buy?
That question always arises from someone who is about to get into Bitcoin.
There are various answers to that question.

Maybe in general the answer that will be given is when the price of Bitcoin drops or when bitcoin goes into bearish mode.
But will that guarantee we will get the best price?
Of course not, because the decline in the price of Bitcoin we will not know completely, there are only a few predictions that might give a sign that the decline in bitcoin will end at the strongest support.

The right time to buy bitcoin depends on the investment strategy implemented by each person.
If the investment target to be achieved is long-term, then as long as Bitcoin has not reached the latest ATH it is the best price.

Especially seeing the current price, which is far below the last ATH, of course it will be a good time.

Then about mining or buying Bitcoin, it's a choice for everyone.
For those who have mastered mining and know what the benefits and risks are, mining is the right choice.
Indeed, electricity costs will swell, but electricity costs will not increase, but its use is increasingly wasteful with mining devices that continue to operate.

Moreover, device maintenance as well as several algorithms that must be understood to do bitcoin mining.sharks like to pounce

[TravelMug]

If I only had enough money to buy an asic miner, I would prefer to mine Bitcoin because there is no hassle. As long as the kwh consumption of my electricity here in my house is also low. It's just that electricity is expensive here in my country, so Bitcoin mining is not practical in my area.
So, my choice would be to just buy Bitcoin and do day trading to accumulate earnings every day, which anyone who will do trading activity in the crypto space should also have enough knowledge.

But you have to take into consideration the electricity of Kwh consumption in your country. And even if it is low, perhaps your government might found out that you are using a lot of electricity and it could raise a big flag.

So it's really hard to become a solo miner now, unlike in the early years of bitcoin wherein you can simply mined with GPU, not it's not practical as the hardware is very expensive.

[KiaKia]

Those options are great and it's left for you to choose a side, I mean some people who likes Bitcoin so much invest and mine Bitcoin, it's like a hobby that keeps them busy instead of spending their times doing other things.

Bitcoin mining is not that profitable right now and the reason why many people still mine is because of the future, and also because it has turn into an hobby for them, they love doing it.

The reason why many people prefer buying is because they don't derive any fun in mining, they want quick money fast and every miners that mine Bitcoin in a bear market without selling their gears have patience when it comes to money making, they understand that making money is not like casting a spell and money start dropping from heaven.

Some stayed away because of the stress of monitoring their mining farm, because you won't be able to travel far away unless you have someone who is capable of monitoring the rigs when you are gone.

[Obari]

In general, there are two ways to acquire bitcoins: buying them with real money or "mining" them. The process of mining is the process of acquiring bitcoin, and therefore mining is mining for coins.

Well there are other ways to earn bitcoin  and participating signature campaign is one of the ways to earn bitcoin and mining bitcoin  isn't an easy one and considering  the cost of acquiring mining machines and cost of setting up the miner is something else and if you have the money to start up a mining farm then I will advice that you just use the money to buy bitcoin and hold for longer time because it has been proven that buying and holding bitcoin for a long time is the best and with minimal least.

But if you have the option of buying and mining, I will always advice that you go for buying if the money is big or equivalent  to starting a mining farm.

[UchihaSarada]

it seems that if you mine you have to have very large capital and you have to have a lot of knowledge, personally I prefer to just buy btc because I don't know much about mining, if you buy you just have to think about the strategy and the right time to buy it. because in my opinion the most important thing is to benefit from investing in btc, such as buying in a bear market and selling in a bull market.

If you have good technical knowledge and can fix things in computer hardwares, electricity, ventilation systems and some more technical ones for your mining farm operation and maintenance, you can buy mining rigs and run your mining farms because it will help you get more bitcoin with same capital.

If you are not good in technical setup and fixing, maintenance, mining is not for you. Buying bitcoin with your capital will be easier and more profitable for you.

Mining or investing with your capital, store your bitcoin in self custodial wallet is mandatory.