Bitcoin Miners vs Traders - page 4. | Bitcointalksearch.org

tekusa

jr. member

Activity: 56

Merit: 2

Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

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 mining is something that requires higher investment and also you get returns after 1 year or so. I think it is more risky especially at current situation. Suppose, someone invested in equipment to mine bitcoins and then after one the market collapses. The prices will decreases and thus the value of those mined bitcoins will be very less. Thus, if I had the option to choose one between these two, I will prefer trading over mining.

Reid

hero member

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We can say it is a wrong comparison.
It will never be the same.
Miners capital can be earned in the long run and that is for sure.
Traders have so many options to do the investment. Either trade long term or there is the most famous of all the short term trading.
More risky with trading in my opinion.

JL421

hero member

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Merit: 510

You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option

nalinpuri

jr. member

Activity: 130

Merit: 3

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

Topic: Bitcoin Miners vs Traders - page 4. (Read 471 times)