Mine Bitcoin or Just hold it?

[Legion]

Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?

Not everyone can mine Bitcoin and not everyone mines Bitcoin. Not everyone can mine because there many factors that restricting people to mine Bitcoin and the number is the geographical location of the miner and the cost of the mining machines and electricity. Many people are interested to mine Bitcoin but those factors have restricted many from me mining Bitcoin while not everyone mines bitcoin in the sense that not everyone is technically incline to mine Bitcoin.

There are lot of things to do in bitcoin mining but invest of buying and hodling is simple either no knowledge is needed through another you can invest or basic knowledge is needed to invest in Bitcoin.

Yes, to participate in Bitcoin mining is not an option for all persons as the technical or physical requisites include the purchase of effective mining hardware and high power usage. Holding Bitcoins means making the decision which is more available to everybody to make in the meanwhile compared to buying them. That is why it does not take a lot of skills and thorough knowledge to invest in the asset and thus the potential of getting huge profits. It will enable one to participate in the world of crypto and be able to engage in the flow of it without necessarily dealing with some of the float that is there.

[gunhell16]

If you are capable and the climate or atmosphere is cold where you live then you are still long-term, it is good to just mine and at least wait. Or it is also possible that even if you do not mine, just buy bitcoin and hold it long-term.

Now, usually what investors do is they hold their bitcoin in long-term and only sell it at the right time of selling and how many years they will hold
it before selling it on the market.

[yohananaomi]

If you are capable and the climate or atmosphere is cold where you live then you are still long-term, it is good to just mine and at least wait. Or it is also possible that even if you do not mine, just buy bitcoin and hold it long-term.

Now, usually what investors do is they hold their bitcoin in long-term and only sell it at the right time of selling and how many years they will hold
it before selling it on the market.

Anything can be done as long as it can provide good profits, so if you really want to invest, it is something good, but if you can mine it will certainly be better too, but I think if you want to start by mining, I think it's too late, but if the investment is very good because this is indeed long term at least the next halving period must be completed before it can produce.
Right, investors will hold and sell when the increase season has arrived, because that is the opportunity to produce the best.

[Kemarit]

If you are capable and the climate or atmosphere is cold where you live then you are still long-term, it is good to just mine and at least wait. Or it is also possible that even if you do not mine, just buy bitcoin and hold it long-term.

Now, usually what investors do is they hold their bitcoin in long-term and only sell it at the right time of selling and how many years they will hold
it before selling it on the market.

Anything can be done as long as it can provide good profits, so if you really want to invest, it is something good, but if you can mine it will certainly be better too, but I think if you want to start by mining, I think it's too late, but if the investment is very good because this is indeed long term at least the next halving period must be completed before it can produce.
Right, investors will hold and sell when the increase season has arrived, because that is the opportunity to produce the best.

Still though, if we mine you need to have a lot of capital to begin with, so it doesn't really make sense to do it in this era. That's why investors are very wise right now, they would rather just accumulate millions worth of Bitcoin than spending that kind of money to put up a mining business and it might be too complicate for them.

So for me, just DCA and HODL is the best method to make profit, it's one strategy that is already proven by those who have been in the market for so long already.

[JollyGood]

What happened to the days when an OP was detailed and meaningful?

I think making any comment beyond what I have already stated is difficult as if there ever was a post made for the sake of increasing post count, the OP would be one of them.

Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?

[MrSpasybo]

Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?

Both methods can generate profits for participants, and I think investors just need to choose the method that suits them best.

If I had a lot of money, I could buy and hold BTC using smart strategies to acquire as much BTC as possible, for example, actively DCA during the crypto winter, take partial profits in the bull run, and repeat the process. All I need is to keep the private keys of a few hardware wallets really secure.

If I had a lot of money and I understood the technology in the mining sector, I would invest in a BTC mining system to mine BTC at a minimum cost, sell some to cover operating expenses, and keep the rest for the future.

I don't have a lot of money, I can't invest in a mining system or hold BTC from cycle to cycle, so I DCA BTC & ALTs and look for opportunities to take profits when I think the time is right ^^

[Blaze]

Anything can be done as long as it can provide good profits, so if you really want to invest, it is something good, but if you can mine it will certainly be better too, but I think if you want to start by mining, I think it's too late, but if the investment is very good because this is indeed long term at least the next halving period must be completed before it can produce.
Right, investors will hold and sell when the increase season has arrived, because that is the opportunity to produce the best.

However, both mining as well as investment have been observed to contain some merits and demerits depending on the capacity and achievement we possess. As you will agree, mining does entail the need for a large capital investment and high operating costs at this stage in particular. But there are no less interesting opportunities in investing in crypto assets, especially for the long term, with the provision that can raise the value of the assets under certain conditions, such as halving. However, such a decision of holding or selling should be taken based on good analysis of the market and not necessarily because it appears to be going up or down temporarily. Crypto investment, therefore, presents an opportunity to reap the highest return on any invested capital without having to mind a very dirty business as it is associated with mining.

[doc]

If you are capable and the climate or atmosphere is cold where you live then you are still long-term, it is good to just mine and at least wait. Or it is also possible that even if you do not mine, just buy bitcoin and hold it long-term.

Now, usually what investors do is they hold their bitcoin in long-term and only sell it at the right time of selling and how many years they will hold
it before selling it on the market.

Anything can be done as long as it can provide good profits, so if you really want to invest, it is something good, but if you can mine it will certainly be better too, but I think if you want to start by mining, I think it's too late, but if the investment is very good because this is indeed long term at least the next halving period must be completed before it can produce.
Right, investors will hold and sell when the increase season has arrived, because that is the opportunity to produce the best.

Still though, if we mine you need to have a lot of capital to begin with, so it doesn't really make sense to do it in this era. That's why investors are very wise right now, they would rather just accumulate millions worth of Bitcoin than spending that kind of money to put up a mining business and it might be too complicate for them.

So for me, just DCA and HODL is the best method to make profit, it's one strategy that is already proven by those who have been in the market for so long already.

Indeed, the DCA and hold method is a good method at this time to do rather than spending a large amount of capital to mine bitcoin. because it is not cheap to be able to have bitcoin mining equipment. I prefer to trade and HOLD because I think it is more effective.

[SamReomo]

If you are capable and the climate or atmosphere is cold where you live then you are still long-term, it is good to just mine and at least wait. Or it is also possible that even if you do not mine, just buy bitcoin and hold it long-term.

If someone who has more than $20k and at least a good location where he/she can keep those mining ASICS then one should consider mining as an option. For majority of people mining isn't going to be a good and viable option.

One has to take care of the machines as mining requires human effort and look after for it. The ones who invest don't really need much more than understanding the market, so I guess investing is a better option.

[densuj]

Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?

For me i just buy and hold, buying little by little monthly or weekly is good method and stress free for invest long term. Easy go exit if the price of bitcoin going down or the price of bitcoin going up. It is different if we are mining bitcoin.
The problem of mining bitcoin is we need alot of capital to buy hardware miner, more than it we must understand about technical skill related with mining bitcoin, we must pay bill electric, maintenance hardware and upgrade the hardware of miner bitcoin. And we can not exit if we mining bitcoin will be difficult for us to sell hardware bitcoin mining to other people.

[Blaze]

For me i just buy and hold, buying little by little monthly or weekly is good method and stress free for invest long term. Easy go exit if the price of bitcoin going down or the price of bitcoin going up. It is different if we are mining bitcoin.
The problem of mining bitcoin is we need alot of capital to buy hardware miner, more than it we must understand about technical skill related with mining bitcoin, we must pay bill electric, maintenance hardware and upgrade the hardware of miner bitcoin. And we can not exit if we mining bitcoin will be difficult for us to sell hardware bitcoin mining to other people.

From the above comments it is clear that investing by buying gradually afford the opportunity to construct the portfolio in a more composed manner. This way we remain engaged but do not have to focus much on technicalities. This is different if one aspires to venture in the area of mining that needs capital preparedness as well as adequate technical mastery knowledge. It is not about just the price of bitcoin, cost of hardware, but operations and other daily issues that any call centre must deal with. Especially when the situation in a certain market becomes altering, we find it hard to resell equipment which we have invested in. This makes the mining choice much more complicated than traditional ordinary and conventional investments which are gradual purchases.

[debra]

Indeed, the DCA and hold method is a good method at this time to do rather than spending a large amount of capital to mine bitcoin. because it is not cheap to be able to have bitcoin mining equipment. I prefer to trade and HOLD because I think it is more effective.

DCA is one of the way in investment (holding). With DCA, we are collecting the Bitcoin gradually. We can buy with small money in this way, it isn't a must to buy with huge money. Sure, it is easier than mining Bitcoin because mining may need a specific skill. But in holding, we only need to analyze the time to entry and the time to exit (selling Bitcoin). I also prefer holding than mining Bitcoin.

[densuj]

For me i just buy and hold, buying little by little monthly or weekly is good method and stress free for invest long term. Easy go exit if the price of bitcoin going down or the price of bitcoin going up. It is different if we are mining bitcoin.
The problem of mining bitcoin is we need alot of capital to buy hardware miner, more than it we must understand about technical skill related with mining bitcoin, we must pay bill electric, maintenance hardware and upgrade the hardware of miner bitcoin. And we can not exit if we mining bitcoin will be difficult for us to sell hardware bitcoin mining to other people.

From the above comments it is clear that investing by buying gradually afford the opportunity to construct the portfolio in a more composed manner. This way we remain engaged but do not have to focus much on technicalities. This is different if one aspires to venture in the area of mining that needs capital preparedness as well as adequate technical mastery knowledge. It is not about just the price of bitcoin, cost of hardware, but operations and other daily issues that any call centre must deal with. Especially when the situation in a certain market becomes altering, we find it hard to resell equipment which we have invested in. This makes the mining choice much more complicated than traditional ordinary and conventional investments which are gradual purchases.

Yes sir mining bitcoin is more complicated than buying little by little so i choose farming yield on DeFi sector than mining, then the reward of farming can be used for buying bitcoin to protect our money.
In my experience yield farming and buying bitcoin little by little is more profitable than mining especially for individual investor of crypto, it is more easy way for the people who can trading profit consistent in bear or bull market like me.

[bitterguy28]

Yes sir mining bitcoin is more complicated than buying little by little so i choose farming yield on DeFi sector than mining, then the reward of farming can be used for buying bitcoin to protect our money.
In my experience yield farming and buying bitcoin little by little is more profitable than mining especially for individual investor of crypto, it is more easy way for the people who can trading profit consistent in bear or bull market like me.

we all have different experiences and preferences for some people they might be more concerned about the cons in yield farming like lack of liquidity which can be risky when you need to sell some of the coins so in that case they might not prefer yield farming and maybe their particular skill set leans towards mining more and finds enjoyment even in mining

[doc]

For me i just buy and hold, buying little by little monthly or weekly is good method and stress free for invest long term. Easy go exit if the price of bitcoin going down or the price of bitcoin going up. It is different if we are mining bitcoin.
The problem of mining bitcoin is we need alot of capital to buy hardware miner, more than it we must understand about technical skill related with mining bitcoin, we must pay bill electric, maintenance hardware and upgrade the hardware of miner bitcoin. And we can not exit if we mining bitcoin will be difficult for us to sell hardware bitcoin mining to other people.

From the above comments it is clear that investing by buying gradually afford the opportunity to construct the portfolio in a more composed manner. This way we remain engaged but do not have to focus much on technicalities. This is different if one aspires to venture in the area of mining that needs capital preparedness as well as adequate technical mastery knowledge. It is not about just the price of bitcoin, cost of hardware, but operations and other daily issues that any call centre must deal with. Especially when the situation in a certain market becomes altering, we find it hard to resell equipment which we have invested in. This makes the mining choice much more complicated than traditional ordinary and conventional investments which are gradual purchases.

Yes sir mining bitcoin is more complicated than buying little by little so i choose farming yield on DeFi sector than mining, then the reward of farming can be used for buying bitcoin to protect our money.
In my experience yield farming and buying bitcoin little by little is more profitable than mining especially for individual investor of crypto, it is more easy way for the people who can trading profit consistent in bear or bull market like me.

Mining bitcoin requires a large capital and this is hard for me who has a small capital. That's why I prefer to trade and use the profits from trading to buy bitcoin little by little with the DCA method. Maybe my friends here also do the same thing, there are also those who participate in aidrop and bounty campaigns to get rewards that are used to buy bitcoin