Mining Or Buying and Hodling?

[beastkay]

What is the best strategy to increase your overall portfolio.

A) Mining with latest GPU's - Hodling Coins - Selling GPU's before the warranty is over?
B) Buy and HODL - Simple ( Dollar cost average)

A or B ?

 

[Big SEO]

Mining will be difficult When the bitcoin price is high.

 

[Panther28]

When do you plan to hold to though?

 

[alurosu]

A) Mining with latest GPU's - Hodling Coins - Selling GPU's before the warranty is over?

Warranty expires the moment you start mining.

 

[beastkay]

Warranty expires the moment you start mining.

I really don't think, do you have a proof?

 

[alurosu]

I really don't think, do you have a proof?

No proof. I mined 3-4 years ago. Ask your store or the place you buy the GPUs from

 

[Deleted member 1333509]

Buy and hold obvs.

 

[HydraProxy]

So far, buy and hold has been the better option for low budgets.

Minning looks like a good idea when you live in a country with cheap electricity and you have some funds to invest (because a decent mining rig can cost thousands or tens of thousands of USD).

 

[Larry Igna]

I'm not into mining and such, but how would they know you've mined?

 

[alurosu]

I'm not into mining and such, but how would they know you've mined?

When you mine, the GPU's temperature goes to 70+ Celsius for 24 hours every day. Gaming you do that 8 hours max if you are a streamer. Very low chances you use the GPU more than that. So that's a third of mining.

There are visible details on the graphics card that can tell. There are cases that you don't even make it to the warranty date. The video cards can just burn out.

 

[beastkay]

When you mine, the GPU's temperature goes to 70+ Celsius for 24 hours every day. Gaming you do that 8 hours max if you are a streamer. Very low chances you use the GPU more than that. So that's a third of mining.

There are visible details on the graphics card that can tell. There are cases that you don't even make it to the warranty date. The video cards can just burn out.

You make sense but nowadays undervolting and overclocking helps you to get the best speed in low risk (no burn)

 

[Leader777]

Both are risky beside if you have solar panels to mine electricity free but you still have to get back the Gpu's cost.

 

[Larry Igna]

When you mine, the GPU's temperature goes to 70+ Celsius for 24 hours every day. Gaming you do that 8 hours max if you are a streamer. Very low chances you use the GPU more than that. So that's a third of mining.

There are visible details on the graphics card that can tell. There are cases that you don't even make it to the warranty date. The video cards can just burn out.

So,there are actual burn marks on the GPU, that's really interesting, i didn't knew. Thanks

 

[maggly]

Trading crypto with jet-bot. I make 1-2% daily with that bot. Over a year thats a fair return on investment.

 

[Scorpion Ghost]

Buying, holding, and staking.

What could go wrong?

p.s you dont necessarily have to only buy. You can accept crypto for payments in your business, and get some crypto that way too

 

[alex c]

I will select B (Buy and HODL) rather than A (Mining), mining is tough compared to HODL.