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Originally Posted by DrTiTus
If you've already got a GPU with 6GB+ RAM, you can start mining now and see if you think it's worth it before you buy something dedicated to the cause.
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I guess the big difference is what you do with the coin.
Mine & sell
Mine & hold
But then that relates the same as if you
Buy & sell
Buy & Hold.
If you hold then you are better to use the money now to buy a rig.
If it calculated as a 6 month ROI, then no matter what the price does you effective have an ROI of 6 months. The only thing that will change that time frame is the amount you mine. If it drops, it will take longer, if it goes up, it will be quicker.
But the time it takes will not change.
(more difficult mining/more players in the market would change it, but that should be somewhat factored into the initial ROI.
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If you buy and sell, then yes it would not be ideal.
If the price skyrockets, then you don't have the ability to cash out that initial investment. But if it takes 3 months to skyrocket, then you have effectively earned 50% back that you could sell.
If it plummets, then you aren't as bad off, as withdrew that initial investment at a high price.