mine a Bitcoin or buy a bitcoin？

[Mahanton]

Of course, everyone's opinion is different, some want bitcoin from mining, some want bitcoin by buying. and both also have risks, but I myself prefer to buy to get bitcoin.

Mining when you have the necessary tools and place to do so or else if you don't want to have to learn technical things about mining, just be a holder by buying low and selling high, that's what most investors doing right now. Anyway, it may sound simple but still, you need to understand that buying at the right time requires some patience and investment with your time to see and read the past movement of the price of bitcoins, or else you will just gonna gamble with your money and giving it high percentage risk to be lost.

Yes bro I agree with you because the price of Bitcoin is much lower than in the past. So if anyone wants to invest or hold then I think this is the right time. Because Bitcoin is again in continuation of the past will leave due to which if you hold for a long time then you will definitely get benefit from here. Original Investors are only holding for now. But that's the best thing to do, I think, in all cryptocurrency fields, including Bitcoin For all coins.

Not all does have the patience on holding for long term on which there are ones who do really keeps minding about short term durations or decisions which would really make them able to make profits without the need
on holding for how many years.Speaking about choosing whether to buy bitcoin or mine it then it would vary into your interest since not all would really be that having the money plus other factors like energy cost
on the place where they live which would be a main concern whenever you do tend to mine bitcoin and with some complexity of the set up then it isnt really that for everybody.
Unless if you do love to make out  some discoveries or being that excited on trying out then its up to your choice.

[Bazzu]

As a beginner in bitcoin and crypto, I prefer to just buy rather than mining , because I don't understand bitcoin mining, so I prefer to buy, but there are some people who do bitcoin mining because they already understand bitcoin mining.

[Techkoy407]

mining bitcoin is quite promising but you have to remember that the capital to buy the equipment is also not small because it requires very sophisticated technology and a stable and continuous internet connection, so if it's an easy problem, it's definitely easier to buy bitcoin than mining, but mining also has its own advantages and it's promising too but in terms of preparation and equipment it is very complicated, so I personally prefer to buy than mining because buying is more practical.

[Japinat]

These are, in my opinion, the two independent ways to obtain bitcoin. Depending on how you want to get it, you have two options. If I were to give advice, I would recommend to only buy if you have funds you are willing to risk or can afford to lose. If there is no money, mining will require patience. You can choose between buying or mining; both options are valid.

When you mine a bitcoin you will also agree about the risk because mining a bitcoin is not easy. It's either you can earn more or you can lose more money in the process but before we get there, you must also have a good capital since bitcoin mining hardwares are not cheap. This is not an example of investing what you can only afford to lose but buying directly a bitcoin is, because you can lower the quantity according to your own capacity.

If there is no money available then you can't do both mining and buying a btc but there are still many ways to acquire a bitcoin for free and the only capital that you will be needing is your time and skill.

Yup, there are some other ways where we can accumulate bitcoin without buying or buying it. Just like you said, it is free but you need to pour a lot of your time and skills to get that free bitcoin, one example of that is joining signature campaigns. But let's get back to the OP's questions, buying bitcoin or mining bitcoin? Well, it really depends on which field you are more knowledgeable because mining bitcoin is not an easy job to pull off, and the same with buying it, it also needs a lot of capital for it to be more profitable. So, it's really up to us which is more convinient.

[Nrcewker]

Relatively speaking, cloud mining is the lowest cost.

Lowest cost is definitely a huge positive but if you don't actually make money in the end anyway, what's the point? Cloud mining services are either a scam, or very unprofitable for the service subscriber.

Yup I won’t suggest anyone to do cloud mining either.
95% of all the cloud minings are just scams, used to suck your money.
If I talk about OP, then I am in favour of Buying the Bitcoins. It’s just hassle free, no maintenance required as we need to do for a mining gig. Moreover the graphics card also have become expensive for which making it difficult to set up a mining rig.
In case of Buying the Bitcoins, you just pay and get your Bitcoins. Basically due to the easiness in handing while buying the Bitcoins, i am in support for this.

[LFC_Bitcoin]

With the cost of electricity in most first world nations, costly mining machines it’s 100% easier & better to buy bitcoin instead of mining. You may hear about a rare solo miner who gets lucky & mines a block but it’s very unlikely. I would advise solo miners to forget about trying & just buy bitcoin.

[isaac_clarke22]

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I have not traded in DEX just yet since I am entirely focused on just holding Bitcoin. I am curious if those DEX allows people to "cash out" their holdings into whatever local currency they hold. Surely that would what underage people would do to get their profits. I had never seen any exchange yet that allows cashing out or selling your coins to local currency/paper money without any KYC that would involve your identity.

I am sure as well that there are a lot of underage people into crypto now starting when NFTs became hot in the news especially those NFT games that we hear a lot. I am waiting for those stories of high school teenagers that managed to became millionaire early from NFTs though I would not expect too much.

[Davidvictorson]

Well, I think that bitcoin mining is just for the wealthy. I'm referring to those who have access to, or are able to manage, their surroundings and resources, such as electricity supply, equipment for mining, a mining space etc. Despite the restriction on bitcoin in my country, I still find that P2P transactions are the simplest way to purchase bitcoin. I once tried cloud mining on my smartphone. It was a complete waste of time, data, and battery life.

[noormcs5]

Of course, everyone's opinion is different, some want bitcoin from mining, some want bitcoin by buying. and both also have risks, but I myself prefer to buy to get bitcoin.

Mining when you have the necessary tools and place to do so or else if you don't want to have to learn technical things about mining, just be a holder by buying low and selling high, that's what most investors doing right now. Anyway, it may sound simple but still, you need to understand that buying at the right time requires some patience and investment with your time to see and read the past movement of the price of bitcoins, or else you will just gonna gamble with your money and giving it high percentage risk to be lost.

Mining bitcoin in 2022 is not feasible at all and an individual person cannot mine bitcoin with ordinary mining equipment. These days there are mining firms which mine bitcoins on a large scale. It is not in a capacity for anyone to build a mining farm.
The only option we have is to buy bitcoins and if you can't buy a full bitcoin, buy with whatever money you have.

[Jatiluhung]

If you want to buy bitcoins, you certainly can. Because its price is currently the lowest I can say that this is the Bitcoin to buy. Bitcoin price tends to increase a lot during Ananya period but Bitcoin price is very low during this period. Generally speaking, this is a good time to buy Bitcoin Bitcoin. The price of Bitcoin is currently very low so if you buy now the price will definitely increase and you can profit from it.

indeed the price of bitcoin is now very suitable for accumulation. I also have implemented a purchase order entry at a price of $ 20,000. and then in the $19k area. I am also interested in mining. but currently accumulating through purchases is more of my choice. because I can't mine yet. and i am not knowledgeable enough to run mining.

[Raflesia]

Well, I think that bitcoin mining is just for the wealthy. I'm referring to those who have access to, or are able to manage, their surroundings and resources, such as electricity supply, equipment for mining, a mining space etc. Despite the restriction on bitcoin in my country, I still find that P2P transactions are the simplest way to purchase bitcoin. I once tried cloud mining on my smartphone. It was a complete waste of time, data, and battery life.

It is undeniable that this can indeed be true, regardless of anything mining must have sufficient finances in advance to buy the necessary tools and at least land and adequate electricity and internet in order to make a profit.
Talking about Cloud mining I agree because I've tried it and the conclusion is the same as you said.

[Lanatsa]

Well, I think that bitcoin mining is just for the wealthy. I'm referring to those who have access to, or are able to manage, their surroundings and resources, such as electricity supply, equipment for mining, a mining space etc. Despite the restriction on bitcoin in my country, I still find that P2P transactions are the simplest way to purchase bitcoin. I once tried cloud mining on my smartphone. It was a complete waste of time, data, and battery life.

It is undeniable that this can indeed be true, regardless of anything mining must have sufficient finances in advance to buy the necessary tools and at least land and adequate electricity and internet in order to make a profit.
Talking about Cloud mining I agree because I've tried it and the conclusion is the same as you said.

Most of cloudmining are shit and scam and if there are legit ones then the ROI is way too long or even your contract wont be enough on having that break even with your investment thats why its never been worth

nor recommendable on doing so.I would rather buy bitcoin and hold it to save myself into those stress and all the hassle on doing things just like on mining.It is really not a cheap venture if you do really go into this

path which there are lots of factors need to be considered first before you would really be able to do mining and this wont guarantee out profits because it does vary with energy cost.

[Raflesia]

It is undeniable that this can indeed be true, regardless of anything mining must have sufficient finances in advance to buy the necessary tools and at least land and adequate electricity and internet in order to make a profit.
Talking about Cloud mining I agree because I've tried it and the conclusion is the same as you said.

Most of cloudmining are shit and scam and if there are legit ones then the ROI is way too long or even your contract wont be enough on having that break even with your investment thats why its never been worth

nor recommendable on doing so.I would rather buy bitcoin and hold it to save myself into those stress and all the hassle on doing things just like on mining.It is really not a cheap venture if you do really go into this

path which there are lots of factors need to be considered first before you would really be able to do mining and this wont guarantee out profits because it does vary with energy cost.

When I got to know bitcoin a few years ago I had tried this but it was because my expectations were too high that I was disappointed and left Cloudminning because this is just a waste of time and it turns out that I'm not the only one who has tried something like this because remembering from this thread alone there are a few people who have tried it.
Now I'm doing the same thing, I'd rather buy than mining. The reason is simple, I don't really like working with such tools even though it is profitable but I know my capacity and I still feel that I will not succeed in mining.

[Pierre 2]

I imagine this was very long term past question as there are so many miners right now that its nearly impossible to make huge gains over Bitcoin mining. Best option is to mine when it's cheaper so you can net so much more profits (like 3x) in future. But its not very different than buying and hodling. I feel like Bitcoin mining shouldn't be done by individuals right now unless you are desperate and you have free electricity tbh.

[8rch7]

Honestly, I myself feel confused when faced with the choice of mining or buying, of course if we buy bitcoin we don't need to drain our energy and we don't need to think about expensive electricity prices and all computer tools for mining, we only need money to buying bitcoins when prices are low, but the benefits we get from mining bitcoins are definitely very much different from what we buy, because if we mine bitcoins we certainly don't think too much about rising and falling prices, because the machine produces a consistent amount of btc every time ,because what we use is a mining machine,

[romero121]

Mining a bitcoin is a difficult task. Buying is quite simple, even the person with basic understanding about using a smartphone can use it with ease. For mining the user needs good technical knowledge and the source of energy with which everything runs. Above all is the capital without which setting up miners won't take place. For a common man buying is the right choice.

[Jatiluhung]

Mining a bitcoin is a difficult task. Buying is quite simple, even the person with basic understanding about using a smartphone can use it with ease. For mining the user needs good technical knowledge and the source of energy with which everything runs. Above all is the capital without which setting up miners won't take place. For a common man buying is the right choice.

that's what i do. I don't know much about the technicalities of bitcoin mining. That's why I also prefer to buy bitcoins than mine them. because I know that I have not been able to mine at this time. because my knowledge about it is not enough. but to accumulate bitcoin through trading is quite easy to learn. but i'm little by little learn bitcoin mining and other things related to bitcoin. although there are many foreign terms that I have to learn. And it's not as easy as I thought.

[darewaller]

Mining a bitcoin is a difficult task. Buying is quite simple, even the person with basic understanding about using a smartphone can use it with ease. For mining the user needs good technical knowledge and the source of energy with which everything runs. Above all is the capital without which setting up miners won't take place. For a common man buying is the right choice.

yes mate, there are two ways to own Bitcoins. It is relatively difficult, especially those who are ignorant about mining or who do not have the necessary instruments will not be able to mine. But it is very easy to collect bitcoins by purchasing but definitely there will need sufficient money.

I agree with the easy part. I mean I am one of those people who are ignorant on the part where mining is just way too advanced for me. Not in the way that you could buy some asic miners and plug them in and make them work, that part is easy but I am a bit of an ignorant person when it comes to problems with machines and that is why I am not dealing with anything that goes into repairing, and mining requires a bit of repairing when the time comes which is why it is not going to be that easy for me.

This means that we should be expecting something a little bit easier for us considering how we could simply just buy bitcoin and that would be the end of it, all we have to do is wait after that.

[Warkop]

If you want to buy bitcoins, you certainly can. Because its price is currently the lowest I can say that this is the Bitcoin to buy. Bitcoin price tends to increase a lot during Ananya period but Bitcoin price is very low during this period. Generally speaking, this is a good time to buy Bitcoin Bitcoin. The price of Bitcoin is currently very low so if you buy now the price will definitely increase and you can profit from it.

indeed the price of bitcoin is now very suitable for accumulation. I also have implemented a purchase order entry at a price of $ 20,000. and then in the $19k area. I am also interested in mining. but currently accumulating through purchases is more of my choice. because I can't mine yet. and i am not knowledgeable enough to run mining.

I also do the same thing with you, that buying is an easier way than mining, because of course mining requires a very large capital, using mining machines at least we have to compete, it's very complicated if we do it, with minimal knowledge, that's why I decided to focus on buying at some of the prices I had set and the lowest Bitcoin prices...

[danadc]

I have been researching a lot, and I have read many threads about bitcoin mining, I have tried to get help on what is better to buy or mine, but I see that mining bitcoin is very difficult because it is not that profitable, I have seen that some people They mine bitcoin with small computers, with a laptop and they last 3 months, but when their mining is finished, they must quickly buy other PCs to continue mining, I have been about to do it because the mining machines are very expensive and I do not have enough money to buy, but competing against the big bitcoin miners is something that has no limits, I think the best thing is to buy bitcoin.