Topic: Bitcoin Miners vs Traders (Read 464 times)
The two are not really comparable. Traders are playing a game of a lot of strategy and risk. Their risk is high risk, high reward. Miners are a lot more like laborers. Yes, there are examples of very successful blue collar workers, but the big money people of the world almost always end up being either the investors, CEOs, traders, gamblers or heiresses.
Both crypto earners have their own strategy of earning bitcoin and cryptocurrencies. Both also involves big money to operate but it's bitcoin miners who do less to earn crypto because once their mining rigs are all setup, they just sit back and relax and let their workers do the mining.
I would choose trader because I want to know fast result and I know now mining cost is too high and that can't cover the income we get.
I know the price of bitcoin every day tends to be higher than the current price. And if you really want a faster way for us, it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time
Bitcoin mining as well trading is profitable, in my calculation both were almost the same. One thing that is better with mining is that it gives a stable earning unlike the price moves taking place in the forward as well backward direction. Traders gain good at the forward peak while loss will be massive when drops low.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
if viewed in terms of profit actually both also have advantages and disadvantages of each.hanya alone in mine does not need to have capital first and must be patient because very long. different from tranding you can directly have the advantage without waiting for a long time. and also Out of both who can make income out of bitcoin?
I would choose trader because I want to know fast result and I know now mining cost is too high and that can't cover the income we get.
Mining bitcoin need some resources to start up, much expensive like trading, but it is a sure has a profit after. Trading needs some skills and has 50/50 chance of gain or loss depends on the market. Therefore, i guess , if you want a sure profit go to mining, but be sure to invest on those expensive equipments to mine , including high power sources.
Comparing profit of miners and traders I guess doesn't make sense.
As a trader I can say that there are times that I'm not earning well and there are weeks that I have nothing to gain and even I'm in loss.
I can't give any idea of how a miner earns but I'm seeing many of my social media friends that are adding more miners and building more farms so I assume they are earning well.
As a trader I can say that there are times that I'm not earning well and there are weeks that I have nothing to gain and even I'm in loss.
I can't give any idea of how a miner earns but I'm seeing many of my social media friends that are adding more miners and building more farms so I assume they are earning well.
Traders making more profit avarage. But there is miners with very huge farms that making colossal money on that.
Mining it is starting to go along the way side now that everybody and their grandmas are out of the picture.
Those who bought all those video cards and miners during the ATH=craze off of ebay and craigslist have come to realize they are not going to make their money back ever mining and figured out they can not mine bitcoin with them.
Squeezed them all out quite nicely I must say and keep us who have been in this game for a longer time get back to the business at hand.
Those who bought all those video cards and miners during the ATH=craze off of ebay and craigslist have come to realize they are not going to make their money back ever mining and figured out they can not mine bitcoin with them.
Squeezed them all out quite nicely I must say and keep us who have been in this game for a longer time get back to the business at hand.
Everyone who is involved in bitcoin wants to make a profit. That's OK. It seems to me that developers and miners do not want to find consensus. There is a great demand for lower prices per transaction. Probably some billionaire will take advantage of it. It will create a transit server that will speed up the process. I think that eventually in this fight users will lose.
i think trading bitcoin is a very complicated work, it sounds easy but not, without any knowledge about trading we can lost money faster than mining, in contrast, mining can be easier, we dont have to think too much, just need a huge fund at the begining, computers and electricity fees and maintainance everymonth, so miners can be much better than traders at profits, as long as the price they are mining keep rising in the future.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
I think bitcoin miner is only for those who can withhold coins that they have very long and have a long enough funds because bitcoin miner also takes a very long time to return the capital they use to mine, whereas if you have a very large capital you can trading because with your trading is not too thinking about the cost of electricity and mesing mining repair costs you have. so it seems that bitcoin trader is definitely more profitable but bitcoin miner is also more very profitable if it has many more than 1000 machines.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Trading bitcoin is far profitable than mining bitcoin and many people that invest in bitcoin since last year and 2015 had make great return on investment. Bitcoin has help many of us make good profits and to me buying low and selling high should be what we should embark on. what you might need to learn is how to buy bitcoin at the right time and sell them at the right time. and also Out of both who can make income out of bitcoin?
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
For me traders profit more than miners, now miners per day profit is not like 5-10 years ago. Today miners is earn little bit. Refer to my friends do mining, I calculate the cost compare with profit, the cost is big more than profit. So my friends decided to do traders is better.
Traders still give more profit for us.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
and also Out of both who can make income out of bitcoin?
Depending on the amount you are willing to invest, I would still go mining if we are focusing on just bitcoin alone. The cost of mining one bitcoin remain the remain in terms of electricity and equipment but for difficulty experienced, the extra cost would then be marginal but for trading who is into buying and selling the difference between the amount purchased and sold which would be the gross profit cannot in any way match up with that of mining to selling price of course with the exception of those who hold long-term.
From my knowledge,trading is best one compared to the Mining.For mining you need to make huge dollars as a investment.You will get more dollars then the investment.Even you can get double of the invested dollar.But you need to keep huge dollars as investments.Instead of that ,I will buy huge amount of bitcoin with that dollars .
If you have huge amount of dollars in hand for any business means,I will suggest you to start a Mining.But for that you need to be wealthy.You need to spend more for implementation of Mining setup ,rig with system and a cooler.Then you have pat the electricity for Mining.Totally for mining you should have huge dollars as a investment.
Both has its advantage and disadvantage. If you want to just have a passive income then bitcoin mining is the thing to do. However, you need to have a big capital in order to get a high ROI.
For trading, minimum capital like $1K can make you a good return either short or long term. We have seen that its possible to give a ROI of 100%. Of course the risk is there but it you do it the correct way, you can get even more.
For trading, minimum capital like $1K can make you a good return either short or long term. We have seen that its possible to give a ROI of 100%. Of course the risk is there but it you do it the correct way, you can get even more.
Do bitcoin Miners Profit more than traders .What do you all think?
and also Out of both who can make income out of bitcoin?
Bitcoin traders are make huge profit but miners are little less because mining rig is consuming more power consumption. So trading is the big profit compared to mining but mining profession is the stable profit we don't worried about any kind of situation it will always make profit so I like mining platform.and also Out of both who can make income out of bitcoin?
Do you think that traders earn more then miners? Do you think traders
can have steady income like miners? And last question what do you think
what is more risky, trading or mining?
It does not matter who make more profit! What is important is what kind
of skills you have, and how much money you can invest in equipment or
in trading.
Both miners and traders can earn a lot! Who makes more is who is more
skilled. I watch what others do and I build my own way, I do not care who
makes more. I do not even wish to be the one who is making the most, that
is impossible, I know my capabilities, anyone should know that and act in
that manner.
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