Post
Topic
Board Bitcoin Discussion
Re: Investing in Bitcoin.. or mining bitcoin?
by
dandreark1
on 06/12/2017, 00:07:03 UTC
I do consider this a general discussion but if it needs to be moved, I apologize.

I was previously an alt coin miner for majority of the year. I had a decent sized operation yielding close to around 7-9 z-cash monthly. I sold my equipment merely because of electricity and truly believed with the right money in the right place, I could do fairly well in terms of gains..and I have so far. Nothing wild but, extremely fair.

Now my question is this, seeing this continuing rising bitcoin price.. exponentially rising btc price, ha. Would you consider it to be more or equally profitable to spend say, 10-15k on BTC mining equipment like A6 avalons or S7's and with a completely proper setup.. OR, research and diversify a strong portfolio with said 10-15k mentioned above.

WHERE do you all consider the gains are.
This both is good  but its more risky in investing but you have invest your money  you will get huge of money someday but in mining you need money to buy anything to build a mining system in your computer but mining is the best for now because theres a lot of altcoin than bitcoins.

I disagree when you say its more risky to invest versus mining bitcoin..think about BTC hardware resell value. Think about how its the only coin with it's price on the moon right now, the potential it has to crash versus other new growing technologies- where theres room to grow and so much more room for gains compared to starting to mine btc at this point in time.