Topic: Earning bitcoin for beginners (Read 380 times)
if you have a computer already, mining is fun. But it requires a decent graphics card or a small investment. I think its worth it as a hobby.
i guess for beginner is better to mining
i'm a beginner and i still don't know anything about mining. is it difficult for newbie to learn mining? because so far i just joined some bounty campign like facebook or twitter.Both trading and mining need understanding! I suggest you take time first in learning so you will avoid or at least lessen your mistake...
How can i start trading or mining..what should need to do?
I too was questioning which way to invest in bitcoin currently. This is what I did...
A simple phone app bitcoin faucet generated 619000 satoshi after watching videos and downloading games for about a month. It did pay out, but many do not.
I decided to put my real money into a new rig set up and power supply, etc. I have a new Antminer S9 and a SuperNova EVGA PSU. I will mine until the entertainment wears off and hopefully the hardware will not be obsolete in a few months when I will sell it for Bitcoin.
The decision for me was do I want money or Bitcoin? I choose Bitcoin for the long run.
If all you want is profit then mining may not be the way to go as the price of BTC is dropping.
Just giving my two cents/satoshi
A simple phone app bitcoin faucet generated 619000 satoshi after watching videos and downloading games for about a month. It did pay out, but many do not.
I decided to put my real money into a new rig set up and power supply, etc. I have a new Antminer S9 and a SuperNova EVGA PSU. I will mine until the entertainment wears off and hopefully the hardware will not be obsolete in a few months when I will sell it for Bitcoin.
The decision for me was do I want money or Bitcoin? I choose Bitcoin for the long run.
If all you want is profit then mining may not be the way to go as the price of BTC is dropping.
Just giving my two cents/satoshi
I think trading is the quickest way to earn bitcoin.
The mining industry needs you to understand how it works, what COINS to dig and many other things, and the higher electricity bills you will face.
The mining industry needs you to understand how it works, what COINS to dig and many other things, and the higher electricity bills you will face.
well , thats not entirely true.
With cloudmining you dont face problems like electricity cost or setting up the software yourself ..
You might want to check out Hashflare or EObot
I think trading is the quickest way to earn bitcoin.
The mining industry needs you to understand how it works, what COINS to dig and many other things, and the higher electricity bills you will face.
The mining industry needs you to understand how it works, what COINS to dig and many other things, and the higher electricity bills you will face.
Profit and trading and mining. But in both cases you need special knowledge, without which you will simply lose money! Therefore, we must first understand and only then start to do.
Am new, need help on which is better trading or mining?
On my own point of view I think trading is better than mining because in trading you can be able to earn big once the token value rises rather than in mining.Right now there are many mining sites that is a scam so I dont recommend mining.
For a beginner like me, I think it's more safe to earn bitcoin from mining and some free faucet too. Just need to have more patience and exert more effort. And while earning from those learn and understand about trading.
It is not easy to become a miner. As a newbie we will have to learn the protocol of hardwares we tend to buy and the set-up is not that easy. I've seen one mining station personally and at first i can't relate to what encrypted codes are entering into the system. Until i read it here. I am enlightened a little bit. But as an investor, we need to study the motion (how price increase/decreased) and choose wisely on what will you invest. That's what i've learned to bitcoin.
I trade on bittrex
If you're just getting started and have limited funds to acquire bitcoin, then you can earn bitcoin and a whole lot of other coins free at EarnCrypto. Or you can use my link to signup, https://www.earncrypto.com/earn-free-bitcoin/?r=62440.
For beginners better mining, to reduce the risk of loss..
what if I do both? is it too risky?
As a beginner , trading is your best option , as time goes on if you have much capital you can invest in miners and hardwares to mine.
how about working and getting paid in Bitcoin?
You can earn bitcoin in joining signture campaign but you must need to be atleast jr. Member to be eligible to join signature campaign and get paid weekly.
I think you should trade, and you have to prepare some money. You can learn the development cycle of bitcoin or other crypto while trading. And most importantly, seek guidance from your senior in your place.
I think mining is better for newbiee. Trading is also profitable but only when you have whole knowledge about up & downs in the market.
Mining can be expensive if you have enough money to invest go or mining. Regarding trading, don't do trade without knowledge. You may earn more than 100% profit by trading at anytime can be short , mid or long term.
Both of them have cons & pros.
Both of them have cons & pros.
Mining first, then trade, in addition to reducing the risk of large losses of money is also more to be studied some types of coin.
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