Completely random question....Hope you guys can help out :)

@JonnyCoin 4 March 2021 more from that month

Completely random question....Hope you guys can help out :) You are given $2000...What do you do with it: a) Buy (try to find) a miner, and start mining crypto. b) Buy crypto and hodl for the long term c) Buy and stake some POS coins / tokens Or even a mix of them all.....I literally got asked this question today and not sure what the best route would be to suggest....What do you guys think? #Crypto

+KT
+BCH

11 comments

@BehiverOnNoiseApp 4 March 2021

I would go for the last option - Buy and stake some POS coins / tokens. Here are my reasons: mining will not work for much time due to difficulty increase and just HODL it means you don't put your crypto work for you. Thus third is the right way to go with it.
- @JonnyCoin 5 March 2021
  
  Great points....I myself, seem to choose that option, and even combining it with some kind of lending program...Has been working for me.
t@toorandom 5 March 2021

B. Less work and hassle
- @JonnyCoin 5 March 2021
  
  True true lol Which coin would you hodl?
  - t@toorandom 5 March 2021
    
    BCH and EOS
    - @JonnyCoin 5 March 2021
      
      I'm so in love with BCH these days....I'm even thinking about diving into mining it LOL Addiction is real!!!
      - t@toorandom 5 March 2021
        
        Yes. I'm very excited about adoption and development happening on top BCH. I looked into mining and decided it is somewhat complicated and I'm not guaranteed how much BCH I'll get. So I decided I'll be better off just buying bch with fiat now.
      - @JonnyCoin 5 March 2021
        
        Yeah never a bad bet in a simple buy! Less complicated lol
      - t@toorandom 5 March 2021
        
        Yes. I like simple.
@jagoe 5 March 2021

I think it alll depends on the sitution, Right now I would personally go with C though
- @JonnyCoin 5 March 2021
  
  Yeah man, makes the most sense these days.