Post
Topic
Board Beginners & Help
Re: Extreme noob. Help needed : Where and how to start ?!
by
MysteriouS87
on 05/05/2018, 18:06:23 UTC
Quick question - why do you want to mine? In almost all cases people would've done better buying coins and waiting for them to explode.

If I had the mining gear I'd sell it. If I had the money to buy the mining gear id buy coins instead. Deeper pockets are heading to alts too which means the little guy's days are numbered for the big coins.

Hey gentlemand,

I understand what you're saying and I respect your prospective. But you're kinda making it sound like trading has no risks involved or whatsoever which is not true. Either ways, trading or mining risks are always there. With trading profits and losses can take some time or just happen in one day. On the other hand, if you know what you're doing mining is more of a long term process, it might take a little less than a year for you to get your investment value back and from that point you've got all profit (well not all, some parts and electricity cost is there, but you get the point).

Plus, in my case although this might sound a little geeky the prospect of building something by myself and getting it to work gets me excited, some kind of a hobby for my spare time. In addition to the fact that unlike trading, mining doesn't require my attention nor monitoring the market through out the day (or at least i think so thus far lol).




Cheers,
MysteriouS87