is mining and TRADING THE SAME - page 8.

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legendary

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Quote from: yohan09 on September 15, 2017, 07:56:33 AM

Mining and trading are different platform of earning money, Mining are quite expensive because you need powerful cpu's to extract puzzled blocks in the web, However trading are some kind of method that you have to buy alt coins and when the price is high , you sell it,
Both of them can generate money.

Mining able to generate more coin so more profit , the problem only it's hash rate and electricity bill
Meanwhile , trading is more simple since you can do it in everywhere , anytime with less capital compare with Mining
Overall it's depend on each personal need whenever they want trade or mining with hardware, there are always the risk beneath them

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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 2 totally different things. Just as the name implies, Trading is exchanging in between 2 currencies and taking advantage of the margins to make profit, while mining is finding a block with some other processes and earning some coins in the process. however, mining requires more capital and technicality to setup while with just your PC and some skills, you can start trading right away.

DevilSlayer

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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?

Of course not. Trading and mining are really different to each other. I prefer to you to do trading than mining because trading is more profitable than mining. In mining you need a high capital to buy a very good pc.

yohan09

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Mining and trading are different platform of earning money, Mining are quite expensive because you need powerful cpu's to extract puzzled blocks in the web, However trading are some kind of method that you have to buy alt coins and when the price is high , you sell it,
Both of them can generate money.

valentine401

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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?

You can start mining with only one graphics card but if you have multiple cards then probably it can gain more coins and the hash rate is also depending on the model. Now if you want to start trading you also need to invest money and the profit will be depending on the amount of your capital.

zzSunZZ

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Mining is requirements VGA card. You should have many VGA cards as much as you can to mine a good quanlity coins. Mining doesn't need a desktop for real. Only need VGA cards.
Trading is suitable with guys have a business brain. Sometimes it need luck or timing but mostly it needs skills and the best thing is news.

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Quote from: Harriti on September 12, 2017, 12:40:58 PM

Quote from: Blitzboy on September 11, 2017, 12:45:32 PM

No... You do not need GPU to trade. You only need a good capital to start trading. Choosing an exchange to trade is important, it is the same as choosing a pool to mine, but you do not need GPU. And, you only need some basic knowledge about computer to start mining, but you need to learn a lot if you want to become a good trader

But trading does not gives you a passive income like mining, of course not only GPU can mining. Today, Asic mining also good choice for newbie want become a miner, but this field always has high competition.

Well that is the advantage of mining if you hardware can stay running smooth and can live more for a long time to mine altcoin i think mining is more profitable but in order to make large profit in mining you need to invest huge amount of money before you can build or buy your own mining rig. .unlike trading even you start in small amount you can be make a large profit depends in the altcoin you holding ..

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of course it's very different. minning requires equipment like a very sophisticated composter, and some expensive vga. well, while trading, you can even do that on an old computer if it supports firefox and google chrome

Harriti

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Quote from: Blitzboy on September 11, 2017, 12:45:32 PM

No... You do not need GPU to trade. You only need a good capital to start trading. Choosing an exchange to trade is important, it is the same as choosing a pool to mine, but you do not need GPU. And, you only need some basic knowledge about computer to start mining, but you need to learn a lot if you want to become a good trader

But trading does not gives you a passive income like mining, of course not only GPU can mining. Today, Asic mining also good choice for newbie want become a miner, but this field always has high competition.

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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?

Nope. You don't have to have a lot of GPU when you trade even a single GPU is enough. Trading isn't depending on the GPU's.

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

And mining and trading is different right.

Exactly and good to know that you know it.

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

So How will I learn buying a PC? because I only got my laptop here no desktop.

You can learn through tutorials, articles and threads here in forum. If you have laptop that would suffice your trading desire.

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

Which is the easiest way to earn? Mine or trade?

If you can invest for mining rigs, mining is easiest way. You just let your rig run and generate money for you.

nidacoinlove

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Quote from: Mister1k on September 11, 2017, 10:26:43 AM

Quote from: EddyGameta on September 11, 2017, 06:05:23 AM

in my opinion mining and trading have different benefits and funds
Mining: if you want to have a great profit you must have fund and great cost as well to buy expensive hardware devices and surely you have to pay the electricity bill more expensive than usual

Still there are many similarities available in both the platform. These both platform will change accordingly when the bitcoin price changes in the marketplace. Profit always increases whenever the bitcoin value increases. In trading you need to have main fund in your wallet account and in mining you need to buy the hash power to increase the mining limit and speed.

I am sorry to say but it is like comparing petrol and water because both of them require electricity and electric pump/ motor when you want to fill them in a bottle. Come on are you silly? There is nothing same in trading and mining they both are far different from each other. Just because bitcoin price has influence on them doesn't make them identical. Trading is something could be started with a very little amount like buy alts according to your capacity while mining is a very expensive game the way it's been started.

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Quote from: 949miner on September 11, 2017, 02:30:55 PM

Quote from: Lanatsa on September 11, 2017, 10:46:18 AM

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?

You do still need to search up about bitcoin/altcoin mining and regarding with trading too.They are entirely different honestly speaking. You wont need to PC necessarily to mine since you would really need GPU on mining altcoins and ASIC miners on mining bitcoin. Regarding on profitability mining is good but if only the cost of electricity on your place is low then it would be ideal to mine but if not then better not to bother at all. Trading is on different story, from the word trading you would need to buy and sell coins depending on your choice.Its profitable if you do know on what you are doing.

I think the same as you, but i dont know why there are so many people who doesnt understand a sh*t about how bitcoin works and they are still wanting to invest in it.
Trading an mining are so different things.. you can do that research in google in just 3 minutes instead of asking in here.. Also the word speaks for itself.. "mining & trading"...

There is no problem asking it here since bitcointalk forum is trusted to ask any related in bitcoin..
trading is those people who can invest with less capital to start trading and if you are mining you need a large amount of money to mine a good amount of altcoin or bitcoin..
For me better to start in trading if you earn profit just save until you can buy your own mining rig..

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Quote from: Lanatsa on September 11, 2017, 10:46:18 AM

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?

You do still need to search up about bitcoin/altcoin mining and regarding with trading too.They are entirely different honestly speaking. You wont need to PC necessarily to mine since you would really need GPU on mining altcoins and ASIC miners on mining bitcoin. Regarding on profitability mining is good but if only the cost of electricity on your place is low then it would be ideal to mine but if not then better not to bother at all. Trading is on different story, from the word trading you would need to buy and sell coins depending on your choice.Its profitable if you do know on what you are doing.

I think the same as you, but i dont know why there are so many people who doesnt understand a sh*t about how bitcoin works and they are still wanting to invest in it.
Trading an mining are so different things.. you can do that research in google in just 3 minutes instead of asking in here.. Also the word speaks for itself.. "mining & trading"...

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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 and trading is not the easy way to make profit on the real market, those thing has risk and no one like it. For mining we need a lot of money to start ( equipment ) and don't using laptop for mine. you'll get nothing. Trading need knowledge and practice, but pc or laptop can be used. I suggest trade not mine, calculate everything before starting something. Thank you.

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Quote from: jvdp on September 11, 2017, 11:42:12 AM

Quote from: aishyoo17 on September 11, 2017, 11:15:08 AM

Trading and mining is different and trading is way better than mining for me because when you mine you have to buy a lot of GPU and you have to maintain it plus you need to pay for your electricity bill. While in trading if you have the skills and money then you will surely make money and you don't have to pay anything all you have to put is time and effort.

Ya true. In mining you will get very huge profit than trading. In trading of bitcoin, time is very essential .If the price is reached maximum value and peak means, you should sell your holding bitcoin.If you check the price periodically means, the trading will be very fine.You will get good profit soon.

Don't determine which one is superior between the two in terms of profits because your total profits depends on many factors. you just have to choose between

the two on what really suits you. examples are in terms of budget you'll be spending a lot more if you go with mining rather than trading. Both of them are

completely different but somewhat related because of cryptos

michkima

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I don't think so. I think mining is quite different from trading. Mining involves creating wealth through generating profits through the use of the hashing power of your machines while trading is generating profit from buying low and selling high whatever assets you see fit. So that is totally a big difference and you can't really say they are the same.

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No... You do not need GPU to trade. You only need a good capital to start trading. Choosing an exchange to trade is important, it is the same as choosing a pool to mine, but you do not need GPU. And, you only need some basic knowledge about computer to start mining, but you need to learn a lot if you want to become a good trader

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Quote from: aishyoo17 on September 11, 2017, 11:15:08 AM

Trading and mining is different and trading is way better than mining for me because when you mine you have to buy a lot of GPU and you have to maintain it plus you need to pay for your electricity bill. While in trading if you have the skills and money then you will surely make money and you don't have to pay anything all you have to put is time and effort.

Ya true. In mining you will get very huge profit than trading. In trading of bitcoin, time is very essential .If the price is reached maximum value and peak means, you should sell your holding bitcoin.If you check the price periodically means, the trading will be very fine.You will get good profit soon.

aishyoo17

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Trading and mining is different and trading is way better than mining for me because when you mine you have to buy a lot of GPU and you have to maintain it plus you need to pay for your electricity bill. While in trading if you have the skills and money then you will surely make money and you don't have to pay anything all you have to put is time and effort.

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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?

You do still need to search up about bitcoin/altcoin mining and regarding with trading too.They are entirely different honestly speaking. You wont need to PC necessarily to mine since you would really need GPU on mining altcoins and ASIC miners on mining bitcoin. Regarding on profitability mining is good but if only the cost of electricity on your place is low then it would be ideal to mine but if not then better not to bother at all. Trading is on different story, from the word trading you would need to buy and sell coins depending on your choice.Its profitable if you do know on what you are doing.

Topic: is mining and TRADING THE SAME - page 8. (Read 5207 times)