Quote from: laptrang01041993 on August 25, 2019, 04:02:00 PM

Quote from: OasisDre on August 24, 2019, 11:40:07 AM

Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.

2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.

If the electricity price is high, you may suffer losses

Yes, he hasn't mentioned anything about the electricity consumption charges. As of now mining is profitable in countries where the electricity consumption cost is low. With the present value of ethereum in my country it is impossible to pay even the electricity consumption of the miner. I too belive investing is good, because to set up a miner initially requires a huge investment.

If one is gonna invest for the first time into mining, then I suggest investing the same into some potential coins and hold for certain time period to get the best out of the investment.