Post
Topic
Board Bitcoin Discussion
Re: Buying BTC vs Mining it
by
smartaction
on 26/09/2022, 17:49:55 UTC
How about this for an improvement: BTC mining vs. BTC possession. Moreover, what is the reason?

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.
In my opinion buying bitcoin will be a good decision then mining it. coz when you will go for mining bitcoin then you must have strong Power supply , strong device with powerful processor . then you must run your device 24/7 .  on the other hand you will not able to mining much bitcoin in short time. so it will better to buy bitcoin and hold it long time Without any effort
It's true that the easiest way to having bitcoin is buying it but you have to have the fund for it. I also think Buying bitcoin and Mining it completely different.  Mining is a sustainable profession on the others hand buying bitcoin is trading which is another platform for earning. But it is easy to buy bitcoin because here you can make your investment starting from 10 dollars, in this case it should not be called professionally but mining can be started by investing a certain amount of money which will give you a certain amount of profit after a certain period of time.
I bought 1 Bitcoin at the price of $20k It remains one of my greatest assets . But if I didn't buy bitcoins with this $20k I would build a powerful pc for mining bitcoins. I think that would have caused me a lot of problems with electricity , high temperature , government restriction issues etc. But I'm in a much more relaxed mode now for buying bitcoins.