Topic: Earning bitcoin for beginners (Read 384 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.
Am new, need help on which is better trading or mining?
none ... buy small amounts each time you can afford
For beginners better mining, to reduce the risk of loss..
Soon beginers will have easier start : in 20minutes Algory ICO ends.
Algory is a set of tools which help traders.
If you would like to get cheap access to the platform you definitely need to consider take part in crowdsale with 20% bonus!
Algory is a set of tools which help traders.
If you would like to get cheap access to the platform you definitely need to consider take part in crowdsale with 20% bonus!
Hi I am also a beginner, same question raised in my mind as well, I am just sharing my opinion I would go for mining rather than trading cause in trading their you need to spend and also risk but on the other hand for mining you need to know many thing. So far I know is for mining you need a good PC, but for that skills is also required. I would Suggest you to go through this forum and this forum is very informative and you can gain more knowledge about it which is I am doing currently. But all goes to you after all its your wish I am just suggesting. Thanks.
Trade! I mainly use Paxful.com because they have the most user-friendly website and they have a the best customer service!
How do you rate the exploit with omnia?
for me mining is not easy for money i am student .i cant afford how to buy gpu or asic mining and its also expensive electricity.so i suggest to work on market and start trading you just need knowledge for trading and you can earn lot of money with trading
mining will need some high performing computers and it will also some more electricity as well. If you traded you will have to bare transaction costs and market value of the relevant coin.
Personally I'm doing the trading.
Personally I'm doing the trading.
Am new, need help on which is better trading or mining?
Its hard to do trasing and mining my advise is try to become an expert here in the btalk org by joining in bounty or some services i think it gives you more btc. 
For starters you can try airdrops. There is a lot , try to participate in as many as you can. At some you will receive token to others not.After you have learned how ethereum works you have activity here on the forum try bounty campaigns.
Am new, need help on which is better trading or mining?
Solo mining nowadays is not as profitable as it was some months or even years ago so just try to learn how to trade and start earning money. Trading would be risky to invest but you should learn how to analyze the market and the movement of the price before you can make a good profit in trading there are lots of traders that can make a lot of profit but sometimes they are losing depends how they analyze the market for coins..
Mining would be the best choice if you have money to buy you can start buying antminer for bitcoin or build a GPU mining rig to mine altcoin.. which is common these days and for me i will say base on my experienced mining is profitable if you build more gpu rigs.. you can also resell the GPU card after you recover your investment and buy more gpu to build rig would be much more good idea just reinvest it in to mining you will made a good future business..
Mining would be the best choice if you have money to buy you can start buying antminer for bitcoin or build a GPU mining rig to mine altcoin.. which is common these days and for me i will say base on my experienced mining is profitable if you build more gpu rigs.. you can also resell the GPU card after you recover your investment and buy more gpu to build rig would be much more good idea just reinvest it in to mining you will made a good future business..
Thank so much a very nice advice!
Earning by safe play. Like claim faucet or cloud mining that can help noob to earning crypto
For a beginner in my opinion mining is far better, because trading without knowledge could be even more risky, and if you are just starting with bitcoin and other cryptos you will have to invest, and we want our invests to stay as secure as possible right?
Is it hard to start mining? Not really, what you need is one decent GPU like GF 1060/1070/1080 or 1070ti/1080ti if you can afford it, or from AMD side RX 480/RX 580. Then you calculate if mining specific coin with price per kWh in your country is affordable, check what coins are best to mine with your card, download nicehash, minergate or other mining software (beware of scams and viruses) and start mining. If you are thinking about some serious mining rig, you will need more than 1 GPU, in my opinion at least 6, good luck.
Is it hard to start mining? Not really, what you need is one decent GPU like GF 1060/1070/1080 or 1070ti/1080ti if you can afford it, or from AMD side RX 480/RX 580. Then you calculate if mining specific coin with price per kWh in your country is affordable, check what coins are best to mine with your card, download nicehash, minergate or other mining software (beware of scams and viruses) and start mining. If you are thinking about some serious mining rig, you will need more than 1 GPU, in my opinion at least 6, good luck.
I think you should just stick to mining bitcoins because it is less risky than trading though the equipment used for mining is costly and you should consider participating on a legitimate site so you can generate bitcoins while you idly wait. You should also consider how to lessen the energy that your mining equipment consumes because it really is a handful. Expect that you'll receive an electricity bill that'll cost a significant amount of the generated bitcoins that you have made
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.
i guess for beginner is better to mining
it is good to consider the risk of both parties, for me the good way to earn bitcoin is through mining, the legit mining site i should say.
in the other hand. you should also consider the potential of trading crypto, it is a little risky in some points but still you decision that counts
in the other hand. you should also consider the potential of trading crypto, it is a little risky in some points but still you decision that counts
Am new, need help on which is better trading or mining?
It is I am new not am new. That aside.
Trading is the best, there are so many mining bot out there that are scam.
you can start with trading and after been grounded in the act of trading you can consider mining
well , trading is the fast but risky way
where as mining is the slow and safe way.
Mining needs you to understand how it works and how to mine best , what coin to mine and many other things , aswell as your raised electricity bill that you are going to face.
Trading needs you to understand the coins that you want to trade .
The laziest way to go on is Cloudmining , but i think you will need more information on Cryptos either way.
For beginners i recommend this new blog - BTC bitcoin for beginners , its still in the making but has useful post every day for beginners to get into the cryptogame.
Stay safe on your journey !
where as mining is the slow and safe way.
Mining needs you to understand how it works and how to mine best , what coin to mine and many other things , aswell as your raised electricity bill that you are going to face.
Trading needs you to understand the coins that you want to trade .
The laziest way to go on is Cloudmining , but i think you will need more information on Cryptos either way.
For beginners i recommend this new blog - BTC bitcoin for beginners , its still in the making but has useful post every day for beginners to get into the cryptogame.
Stay safe on your journey !
Could you explain a little more cos I think you meant mining was the best alternative.
Trading would be risky to invest but you should learn how to analyze the market and the movement of the price before you can make a good profit in trading there are lots of traders that can make a lot of profit but sometimes they are losing depends how they analyze the market for coins..
Mining would be the best choice if you have money to buy you can start buying antminer for bitcoin or build a GPU mining rig to mine altcoin.. which is common these days and for me i will say base on my experienced mining is profitable if you build more gpu rigs.. you can also resell the GPU card after you recover your investment and buy more gpu to build rig would be much more good idea just reinvest it in to mining you will made a good future business..
Mining would be the best choice if you have money to buy you can start buying antminer for bitcoin or build a GPU mining rig to mine altcoin.. which is common these days and for me i will say base on my experienced mining is profitable if you build more gpu rigs.. you can also resell the GPU card after you recover your investment and buy more gpu to build rig would be much more good idea just reinvest it in to mining you will made a good future business..
Am new, need help on which is better trading or mining?
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