Post
Topic
Board Bitcoin Discussion
Re: How did you get your bitcoins?
by
riskhash
on 21/04/2020, 08:38:12 UTC
I want to invest bitcoin. Which way is better, mining or trading?

Mining is no longer profitable for solo miner and if ever you plans to invest on mining, you will need literally tons of money to begin with because mining hardware is expensive and you have to consider other mining cost as well, like electricity.

For trading, I will advise you to learn what we call technical analysis (TA), so that you can get yourself some knowledge on how to play trading, otherwise you will be burn and loss in the trading game.

For beginners though, you might as well just buy bitcoin and then hold, simply as that.
Mining for me is cloud mining lol. I haven't thought about buying a miner, so I just want to pick a better way to invest.

Like many of us have said, stay away from Cloud Mining!
Buy Bitcoin using coinbase or another exchange for the beginning, transfer them to your own wallet and just enjoy having bitcoin in your own wallet.

During that time, read up on and educate yourself.
Thank you! Is coinbase the best recommended website to trade?