Hello everyone, I am new in investing and trading. So, what I think about in a recent days is investing in hardware.
Bitcoin mining, e-sport and around e-sport things (like streaming etc.)
What do you think about that? I think that hardware will show grow in prices only.. Share your thoughts on this.
If you are planning to invest in mining hardware, then I think this is not a good idea. Technologies tend to become obsolete and cheap very quickly, which means that newer and more productive hardware will appear on the market. Against this background, what you bought earlier will be of little demand, which means it will lose in price. From this point of view, it is not profitable, which means why such an investment.
Another story if you will use this hardware, then your activity will be called not investing in hardeware, but in mining. In this case, you will profit from mining and then from selling hardware if you do it at the right time.