RE: Is It the Right Time to Start Bitcoin Mining in Bear Market?

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Is It the Right Time to Start Bitcoin Mining in Bear Market?

in bitcoin •  6 years ago 

No. Period. If you invest in Bitcoin mining hoping for prices to rise in the future then you should invest in Bitcoin.
I am sorry but Bitcoin is an old technology and the market is starting to move away from PoW. Bitcoin might survive because it is the "PetroDollar" of the altcoins. But the answer of if you should invest in Bitcoin mining is the same to the question of if you would invest in gold mining, and most people wouldn't, too much work, too much risk

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6 years ago by

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