Quote from: Mickeyb on October 20, 2015, 09:19:53 AM

Quote from: Amph on October 20, 2015, 08:08:19 AM

Quote from: shane on October 18, 2015, 11:43:58 AM

Quote from: Amph on October 14, 2015, 06:45:33 PM

i don't agree on bitcoin mining being a bad way to earn bitcoin, it depend

if you have free electricity or at least very cheap, you can do it without thinking, you will have a very high chance to roi, without doing the trick of selling your miners after 3 months

with that trick you can actually take big profit and in a short time, if you invest big

Im never hear about free electricity, all country give high fee for miner, i think buy and hold bitcoin is better than mining at this time

there is a simple difference, with mining you can increase yout total sum of coins, when roi is achieved, with simply buying you can not, unless you do trading

but you say simply buying and holding so...

Yes, but you forgot the other way around. With mining, you can also lose money/coins if difficulty, price, new asics come out. With just buying and holding you will always have the same amount.

I guess there is just risk associated, like with everything else.

if you buy always the last efficient miners, it will eventually rich roi, maybe it will take more than excepted, but you have then a machine that you can sell and gain more bitcoin than your roi