Post
Topic
Board Bitcoin Discussion
Re: Buying BTC vs Mining it
by
Rengga Jati
on 24/03/2022, 23:31:53 UTC
How about this for an improvement: BTC mining vs. BTC possession. Moreover, what is the reason?
So far, buying and holding BItcoin work more for me and this is worthy enough. I never tried mining because I should consider more things than only buying such as the power to mine, place, equipment, and other elements in which they are not cheap and must be continuously.
Consider about yourself condition whether it is available and worthy or not for mining, if not really, you can prefer to buying only and making them as Bitcoin.

In other words, if I had a 40k right now, should I buy a model such as the Antminer L7, for instance? Purchase a single bitcoin, if that is your preference.
Actually, you don't need to buy 1BTC at once and all in. If you have such big money in that amount, you can make some diversity or some steps of buying Bitcoin several times. You may use DCA or other strategies in roder to get the ebst price. However once more, DYOR when youa're going to buy the Bitcoin, when and how much. Ensure that you also use free money, dude.