Post
Topic
Board Beginners & Help
Re: New to Bitcoin. Should I mine or buy coin with my $6000
by
DunnDy
on 12/07/2018, 20:46:17 UTC
Mining cryptocurrency was once very profitable and simple. Unfortunately, the case now looks different. Mining cryptocurrencies is now quite complicated and often generates more costs than profits, and that's not the point! If I were you, I would sooner buy a cryptocurrency and preferably Bitcoin if you want to avoid the risk of losing the entire fund and wait for the right moment to sell it at a profit. I warn you against hodling because it often turns out to be very unprofitable. Do not be too greedy and sell a cryptocurrency with a slight profit because the situation may get worse at the moment.