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Topic: is mining and TRADING THE SAME - page 11. (Read 5192 times)

legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
August 30, 2017, 11:56:12 AM
#2
they are apples and oranges!
mining is using your computer's power to mine cryptocurrencies and get paid the reward for finding a block.
trading is buying and selling altcoins. buying low and selling high!

for mining you obviously need equipment, either specific mining equipment like ASICs or a good and expensive GPU. and it will cost you, because of electricity cost,...

for trading you just need to find a way to buy and sell them. usually people do it on an exchange site like bitfinex, poloniex, bittrex, kraken,...
full member
Activity: 168
Merit: 100
August 30, 2017, 11:35:58 AM
#1
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?
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