Post
Topic
Board Bitcoin Discussion
Re: Is it better to mine or buy Bitcoin?
by
Jazvebtc18
on 15/04/2018, 04:11:12 UTC

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.


Definitely I agree with you. Buy and trading of bitcoin is much better than mining bitcoin.  Mining needs a lot of money to start and it is also consume a lot of electricity. You can only gain small profit in mining. While in bitcoin you can start at a low money you have. You can buy altcoins and trade it. Even bitcoin now is at low price. Altcoins also adjust at low price. Return of investment in your bitcoin is at high profit.