is mining and TRADING THE SAME - page 10.

twicezeroiszero

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Quote from: mobnepal on September 06, 2017, 11:13:26 AM

Mining is done using GPU and mining hardware built specially for mining but for trading you simply need a laptop or desktop. You can also trade in most of the platform with your smartphone on the go.

So for trading you don't need any sophisticated hardware or machine but you need to learn trading with your own experience and judgement. Also remember trading is passive earning and 90% of traders who try to earn from trading fails to make any profit.

Why trading is passive income?
I remember we need spend our time for work, learn knowledge, reseach and improve our skills, experience about trading everyday if want succeed in this field. Huh

mobnepal

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Mining is done using GPU and mining hardware built specially for mining but for trading you simply need a laptop or desktop. You can also trade in most of the platform with your smartphone on the go.

So for trading you don't need any sophisticated hardware or machine but you need to learn trading with your own experience and judgement. Also remember trading is passive earning and 90% of traders who try to earn from trading fails to make any profit.

bitcoinmasterlord

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Trading and mining both are different but both related each other. if you are mining any coin then you should have knowledge about trading then only you can able to make a profit in mining. Mining is the easiest way to earn money, but the investment is very high the GPU cost is high remaining you will get it at normal

maeusi

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Mining and trading are defenetively not the same. The main difference is, that you "create" coins and at trading you exchange them. The difference in result depends on the kind of trading. The aim of mining is on longterm profits, trading can result long or shortterm profits.

Kocret02

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I think different, mining and trading have very much difference. mining is coin mining means we are looking for coins using VGA tools and also very many components to generate coins as revenue. while trading is just buying a coin then to be traded at a high price to generate profit.

Kizaki

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Well they are a complete different way of earning profits. They have the same goal but in a different manner.

Mining is the use of GPUs or sometimes CPUs of the computer to try to solve given problems to earn bitcoins in exchange. This is very different to trading. You do tradings when you want to earn profit to your current Coins. You try to buy coins as low as they can be and holding them as long as you can waiting for their prices to pump and then selling them. You do this every time and earn money from it.
Mining requires hardwares that needs to be use and some patience while trading requires skills, talent, experience, dedication and a lot of patience to be successful. Which of the two is good? Well for me, I would tell you that it is trading where you can get really big profits when done right and at the right timing.

To sum it all, they are completely different which has its own good and bad points in terms of getting BTC.

Taskford

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Mining and trading is not the same because you can earn bigger amount of money in trading rather than mining because mining is not flexible in terms of profit because you are only depending on the hardwares and they only mining for almost fixed rate of amount of coins per day so it is not like trading that your profit is very flexible.

shezu007

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Trading and mining are different field in my opnion trading is very easy as you said much GPU i would suggest you that if you are trading it is mean that you are investing too while in my mining you need very hard work which is not that much easy what are you expecting so i would like to say that we should do everything with positive work.

xandriel

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

if u have finance skill and forex u can try trade. but if u want safe so can mine. mine is ez. u can find some seller and tell them set up for u.

rhomzkie26

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Mining has a big different to trading, your so ridiculous comparing those two are the same of course not. Trade is more on adding assets to your portfolio and it gives you a lot of money or if luckily can make you a millionaires. while mining, you will just wait for the return of of your ROI.

Weawant

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

What came to your mind that mining is similar to trading? While in trading you are indulging on exchanging your handle alts on different coins and you can actually earn more profits if your coins gets a higher price by the time you exchange it and while in mining you don't have to do anything since you only wait for the profits to came on your wallet. Maybe its better for you to read more articles about it so that you can differentiate the both platforms.

iamTom123

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Since you only have a laptop (and even if you do have a desktop) then you can not do mining...except maybe with new cryptocurrencies really designed that way but as to Bitcoin and other well-known coins you must buy a set of equipment whose main purpose is to mine cryptos. And they are not really cheap so you must have some capital before you can get into mining seriously.

Yes, with a laptop you can do trading but here you also need some capital though you can start as small as you want just to test the waters, so to speak. Trading can also be a very risky venture if you don't know what you are doing so I suggest that you take things gradually and invest more on the things you need to know before challenging the trading world.

As long as you have that eagerness and the vision for a better future, I am sure you can find the right ways to arrive at your dreams. Good luck and have a nice day!

xuan87

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It is totally different, both of them is the way to earn but each of them need different things

Mining : you need gpu, a good cpu to start mining it, the price depends on how willing you spend your money to mine, you don't need any skill

Trading: you need a good skill and able to read chart and to speculate, you need capital to start, the capital to start is depend on how much you want to earn, for beginner you need to learn a lot before you can get profit

The best way to earn for me is trading because there are no limit amount that you can get, but need time and dedication to earn

mk4

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It's pretty much like saying, "What is the easiest way to earn? to be employed on this company, or to start my own business?". It will obviously be different for each person. If you're a good trader, then trade! If you have enough money for a good number of graphics card, then go mine! And guess what, you can do both! Deciding which is more profitable completely depends on you and your skills in probably calculating profitability taking into consideration the change in mining difficulty and the change in price, vs your trading skills.

viewly

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You got 2 completely different things.

Mining = Using your computer to earn bitcoin.
Trading = Using already owned capital (bitcoins) to profit.

In the end, you can do both but they are completely different concepts and have very little correlation.

nicster551

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Mining and trading are not the same because mining needs more time in order to gain a profit from your capital while trading the capital can be hold and earn an income depending on what you buy and sell it and the most profitable way is trading that you can earn a money because of your knowledge and skills in trading.

shield132

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It's like these: Is working and sleeping same?
Of course not, but idea is same - Profit. You can buy equipment and mine coins or if you can to be a good trader, grow number of your coins by exchanging them (buy on low price, sell on high). In trading, mistake can cause loss but in mining you need good equipment, low electricity fees and good cooling system, that's all.

Barcode_

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Mining and trading is two different thing, basically in trading, you need to read a lot of news about different altcoins that you are planning to purchase at the lowest price, and selling them away at a high price in order to gain some profits from the trades. If you plan to start mining bitcoin or altcoins, you need to purchase the proper equipment to start your own mining farm.

aardvark15

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

I can trade with a smartphone. It doesn't take any special equipment to trade Bitcoins because you're just using an exchange just like you would trade stocks or mutual funds. You're using a third party site to do the trading.

If you want to mine, you probably can't make a profit with a basic laptop. You need the proper hardware and even then there is no guarantee that you can make money. Trading is simple, but profits are not easy with that either.

Phildo

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Quote from: TaKlarPH on August 30, 2017, 10:35:58 AM

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

They are different things
You don't need GPU, ASIC Miner to trade, you just need fiat money/btc to buy coin and then sell it when you get profit. If a coin you buy still not profitable to sell you can keep it until coin hit profit

How about mining?
In simple words mining is activity to earn bitcoin/altcoin using hardware, you just need to point your hardware to miner pool and then you get reward.

Topic: is mining and TRADING THE SAME - page 10. (Read 5207 times)