Post
Topic
Board Altcoin Discussion
Re: Altcoins: to Mine or to Buy? That is the Question
by
trickyriky
on 14/05/2019, 17:28:27 UTC
Analized my experience in cryptocurrency since 2014 year I made a conclusion that PoW mining is less profitable than just buying coins ever. With several exclusions that just confirmed the rule.
So what is your experience?
Cons and pros of both methods to make money in cryptoworld?

Now I prefer holding coins, PoS mining and other methods without noisy and hot hardware

I also think that mining does not bring as much profit as trading, and, sometimes, holding cryptocurrencies. You will spend on the hardware much more than you earn on this process.