Why do some people say that "it is better to collect coins than to buy them, and it is better to mine them"?

1, why do you say: it is better to speculate than to hoard money? It should be pointed out that speculation here refers to short-term speculation, while hoarding money refers to long-term speculation. Virtual currency is naturally highly volatile. It is not impossible to make money through band operation, but it is really too difficult.

Speculation is to earn the difference by buying low and selling high. Doing a transaction seems simple, and the transaction is completed as soon as you buy and sell it. There is a high degree of insight in this. Everyone wants to buy low and sell high, throw high and suck low, but it still goes against human nature, and finally becomes buying high and throwing low, chasing up and killing down. Speculation is not about who has superb trading skills, but about mentality. Greed is the weakness of human nature, especially the 24-hour cryptocurrency trading market, especially contract trading, which magnifies human greed and turns speculation into a casino. In the casino, the probability of the banker making money is almost zero, so there are very few people who make money by speculating.

Coin hoard is the mainstream investor in the currency circle, which advocates long-term holding, only buying and not selling, and lying down to win. Saving money is faith, and there is no upper limit on the price of cryptocurrency. In the long run, the greater the consensus, the higher the cost. Take Bitcoin with a total amount of only 2 1 10,000 as an example. Whether it is good news or bad news, more and more people will know about Bitcoin, and more and more people will know about Bitcoin, and the price will always rise in constant fluctuations.

How long is the long period of hiding money? This mainly depends on your capital, mentality and income expectation, but there is no point in collecting money if you can't wait for the bulls and bears. Don't get excited about the skyrocketing, and don't get depressed about the plunging. Giving up halfway may be the worst time. However, it is not recommended to hold it all the time, and it is certain to make money by throwing goods or reducing holdings according to personal actual conditions.

Of course, the skill of hoarding coins is also important. My most recommended skills for hoarding coins are: investing with spare money, choosing mainstream currencies with appreciation potential, periodically "investing", not feeling ups and downs due to market ups and downs, grasping the general trend, and trading once a year or even several years.

Another point to emphasize is that when hoarding money, you must put it in your wallet and keep your private key or mnemonic.

2. Why do you say, "It's better to mine than to buy coins?" Many people think that buying coins is just like buying stocks. The threshold is low, the operation is simple, and the cost of buying coins is very low. Just pay the money. Actually, it is not. You have to spend money on the secondary market, and this price has already been increased by layers. Moreover, buying coins requires a lot of professional knowledge, a lot of homework, and a deep understanding of various basic information. The choice of timing and currency depends on your own perception. This is really difficult for the average user.

A simple analysis shows that mining is actually buying coins in minutes, and electricity is used to buy coins at a price lower than the market price. Therefore, if you are optimistic about a mainstream currency for a long time, the best way to collect coins is actually to mine instead of buying coins.

Mining is a primary market. As the most primitive way of obtaining resources in digital currency, "mining" is the source of digital currency and the lowest cost. Direct purchase only gains when the price rises, and the quantity remains unchanged. The income of colleagues who increase the number of "mining" is also increasing, regardless of short-term ups and downs and current income. The final income only depends on what price you sell, and the profit mainly depends on your own understanding of money. Although the income from buying coins is high, risks and benefits coexist, so investors also need to bear the risk of falling currency prices. And digging coins is basically a kind of drought and flood protection.

Buying a mining machine to mine, just like buying a cow to produce milk, has benefits every day. Compared with hoarding coins, mining is more resistant to the risk of fluctuation. If you hold a certain currency in a heavy position and happen to encounter an extreme market that falls by nearly 50% a day, you are likely to lose everything. However, mining is a long-term output process, the cost has been allocated to the lowest, and short-term fluctuations have little effect on the user's mentality, so mining methods are often easier to get market dividends.

First of all, it is emphasized that this is for most ordinary people, only for some currencies (Bitcoin, Ethereum).

Let's talk about why it's better to collect money than to fry. It's simple, because for most people, the technology of speculating money is too bad. Day trading can't make much money except to support the exchange, which is far from being as simple as choosing a high-quality currency to take away.

Let's talk about why buying coins is not as good as digging them. The so-called mining can actually be understood as buying coins at low cost and buying discounted coins. So from this perspective, buying coins is definitely not as good as mining.

But there are some loopholes in the above statement.

Some people are gifted experts in currency speculation, that is, they can make money from currency speculation.

Mining looks beautiful, but there are many new pits. After all, most people don't have the conditions to build their own mines, so they can only choose hosting and cloud computing, which may make Party B unreliable.

In short, everyone should learn to be flexible and choose the most suitable way to make money in the currency circle.

Let me tell you, in March 2020,

An ethereum is 86 dollars, and now the highest is 1800 dollars.

A bitcoin costs $3,800, and now it has risen to $48,000.

Think for yourself, how much will you earn in a year?