Topic: Mining or Trading which one is safe? (Read 3273 times)
Now it is necessary to learn to earn on trade. Numerous articles about the large earnings on the extraction of crypto-currencies, as a rule, 99% is just an advertising move of interested manufacturers of the same mining equipment and the like with them. And if one percent of users really managed to earn a lot of money, it does not mean that the same thing will happen to you
I don't know, which way is more safer. As for me, mining is a passive income, but you should invest in it more money, than you need for trading. Also, it will be very hard to sell your equipment
basically the two methods have their own security risks, all depends on ourselves in choosing which one to do. in my opinion mining is safer than trading because by way of mining we will be able to get coins to be able to sell directly and if trading risk is getting a loss if the price of the coins we buy has decreased.
If you do not know how to trade for you it is a dangerous occupation here you need to learn to trade , I think the best mine than trade
No one safe in crypto, all full of risk if we are too careless and greedy. But for the basics they both need more funds. So don't jokes when you decide to choose because you bet is money instead of leaves. But for experienced is probably not a difficult thing. Mining and trading are profitable if we are good at looking for loopholes.
In trading, you need a capital while mining you have a cost for the expenses such as computers and electricity. But, mining is somewhat a long-term investment with a monthly cost on electricity. Though, I think mining is still better thn trading because the electricity cost is being replaced a profit in acquiring coins.
Both mining and trading is safe but both of that are to risky. Like in trading you should be vigilant on when are you trade or you should know if that is a scam or not because I read some comments that they lose or they are victim of scammer during they trade so be careful always. And in mining also risky because you are using hardware that need to maintain.
both were safe, the question must be, what profits most, i think trading gives a lot of profits if you are smart enough
In my opinion, mining is safer than trading cryptocurrency, but less profitable, since then ROI will take about a year and then profit will begin. At the same time, if you invest in mining while reducing the cost of mined coins, that with their growth the profit will increase several times. For example, if you invest in mining BTC at a price of $ 4,000, then if it grows to $ 20,000, the mining payback will increase by 5 times.
But did you consider the difficulty of bitcoin? Remember you will always pay the electricity bill in everymonth. You must put your concern in the main factors that makes you able to run your mining rig and it's not easy as you said dude. I have been thinking to create one but i have not yet ready for that.
Well, of course in any kind of earnings there is a risk, if you mine, then the moment may come when it becomes not very profitable to mine and you will have to sell the equipment
I think right now is not good to do trading and mining because both have risk to do while the crypto iscontinuously decreasing. Do mining is not easy to do because you need a high spec. of computer and need it to open 24 hours. While do trading you also need to monitor the market movement before you trade, then the best to trade is when every changing upward.
Mining and trading are different jobs, try to well understand. If you have enough capital to buy a number of mining equipment, I think mining is good choise and more less of risk. But of course the initial capital and costs incurred are quite large. Different from trading, even with a small capital you can start it.
There is no guarantee on cryptyo regardless on what way you want to earn money. For mining, I think the big risk is buying the mining device that cost a lot of money. The challenge is to mine as many as you can until you will be able break even with the capital. Trading on the other hand can be a much better risk because of the bear market. It doesn't require a mining device but it requires you to constantly check the market price to gauge if you will buy or sell.
I belive in Node Mining (Staking), it's much better then POW. Take a look a Vite, they just lauched their Supernode program.
mining and trading are both good if you know how allof them worl an dhow to success in every ot thwse both spheres I want to know about mining vs trading topic. Many people saying that mining is the safest source of earning some coin. On the contrary, some other people say that trading is the best source of earning money. As a newbie, I am a bit confused about that. Which one is safe to do you think?
everything is safe wheb you know what to do and when you know how to use your monet and timevwisely so good luck
I belive in Node Mining (Staking), it's much better then POW. Take a look a Vite, they just lauched their Supernode program.
Well, of course in any kind of earnings there is a risk, if you mine, then the moment may come when it becomes not very profitable to mine and you will have to sell the equipment
At actual price of coins mining in my country will result in a loss if i sell coins, and need to put own money to pay electricity.
you are right but a kot of activities rwquire money nowada7s and i think taht you will be able to choose wisely and not toblose I want to know about mining vs trading topic. Many people saying that mining is the safest source of earning some coin. On the contrary, some other people say that trading is the best source of earning money. As a newbie, I am a bit confused about that. Which one is safe to do you think?
in our world nothing cab be safe so listeej to your heart and be careful i both of these activities and i wish you good luck
At actual price of coins mining in my country will result in a loss if i sell coins, and need to put own money to pay electricity.
for the mining, you need to spend a good amount of money at once. mining equipment is not so cheap. you need to invest a good amount of money and for mining, you need to pay a huge electricity bill. so in your area, if the electricity bill is not cheap you cant able to earn good profit from the mining.
now think about the trade. First of all, you need to learn the trade. after that, you need BTC or altcoin to do the trade. I think trading is good instead of mining. because you can start trade with the small amount but for mining, you need to spend a lot of money at once.
now think about the trade. First of all, you need to learn the trade. after that, you need BTC or altcoin to do the trade. I think trading is good instead of mining. because you can start trade with the small amount but for mining, you need to spend a lot of money at once.
We need to take the risk no matter what type of activity is that in order to earn profit. Although mining has no physical activities like trading, we still in the risk of investing with computer parts that had huge maintenance cost particular on electricity. Trading definitely has a good potential, but without certain skills it won't work and no one is exempted from being unsafe.
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