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Topic: Mining or Trading which one is safe? - page 10. (Read 3273 times)

sr. member
Activity: 339
Merit: 250
September 01, 2018, 02:34:38 PM
I think mining at this time will not generate big income. Because there are too many people mining. But I think mining is still safe, but not too profitable. it's better if you trade than do mine in my opinion. But trading needs good analysis to be profitable and need patience. Trading also does not require greed because it will hurt. trading is safe enough in my opinion if you are good at it.
newbie
Activity: 64
Merit: 0
September 01, 2018, 02:31:42 PM
in mining the profit would be smaller rather than trading meaning it is more safer since you don't have to risk what you already earn in mining, however when it comes to faster way of earning, trading would be a better option but the loss would be greater and have more effect rather than just trading. if you want you can do both to have the advantage of the other compensate with the weakness of another.
full member
Activity: 476
Merit: 100
September 01, 2018, 02:25:27 PM
The cryptocurrency is very big risks. Mining and trade have risks too. But mining safer, than trade. Because you will be able always to sell the equipment. In traiding and investments it is possible to choose a bad coin and to lose everything.
member
Activity: 392
Merit: 10
September 01, 2018, 02:04:26 PM
I choose mining. The main thing is not to sell now what you earn just wait for a good price. This is the best idea in my opinion.
I agree with you. If to choose, I will rather choose mining. And you have to wait always, there is a temptation to sell everything much earlier, but you have to wait
sr. member
Activity: 833
Merit: 267
September 01, 2018, 01:15:50 PM
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?
I can not advise you on something concrete. For me, these two methods are quite profitable, but all the same, trading is closer to me

Mining is safe because we will not loss huge amount/coin in mining like trading. But Mining requires some investment and requires you to buy mining hardware which is quite costly.  Trading is purely based on the market and if market is down then we will not get the profit from trading.
full member
Activity: 392
Merit: 100
September 01, 2018, 01:10:47 PM
To be excat the mining is much more safe and has a stable profirts and you can also cash it out immeadiately unlike with trading it still a wallet exist that thr hacker can hack it with their own will
member
Activity: 308
Merit: 10
September 01, 2018, 01:07:59 PM
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?
I can not advise you on something concrete. For me, these two methods are quite profitable, but all the same, trading is closer to me
full member
Activity: 446
Merit: 100
The Protocol for the Audience Economy
September 01, 2018, 12:10:09 PM
I choose mining. The main thing is not to sell now what you earn just wait for a good price. This is the best idea in my opinion.
full member
Activity: 364
Merit: 100
September 01, 2018, 11:41:00 AM
I like both mining and trading. But now it is very difficult to engage in trading. While the bear market is difficult to trade in plus. Mining is going through hard times. The price of cryptocurrency is falling and the price of electricity remains the same. It is difficult to engage in mining if it does not bring big profits.
newbie
Activity: 196
Merit: 0
September 01, 2018, 09:33:02 AM
Trading ia the safe one for ne if you know and ubderstand the trading then it is safe even in the dump market. Then in mining it is also good but before you can do the mining you need to have a mining software but before you can buy you need to have a big money cause the mining software is too pricey.
member
Activity: 378
Merit: 10
August 31, 2018, 06:40:05 PM
Both these activities can bring profit, only if you make great efforts. And both these activities are very risky. Everyone chooses what he likes.
member
Activity: 392
Merit: 10
EndChain - Complete Logistical Solution
August 31, 2018, 06:38:13 PM
if in my opinion the safest is trading, because trading we will definitely get profit while minning requires a lot of capital and when the coin price that we are minning continues to fall then we will lose.
hero member
Activity: 896
Merit: 500
August 31, 2018, 06:34:25 PM
I think mining will help you make money more secure than trading. You have to invest more money to exploit you to make money. Trading will be profitable words, it depends greatly on the market.
newbie
Activity: 96
Merit: 0
August 31, 2018, 06:08:26 PM
Safety doesn't exist in the Cryptocurrency arena and anything that promises such is a scam, mining can get you good returns especially if you are good at it and is able to solve the problems faster,but without trading the mined coins will have little or no value at Al, these two depends on each other
newbie
Activity: 221
Merit: 0
August 31, 2018, 06:00:48 PM
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?

Mining and trading each have risks. Mining in terms of risk is not too risky or tends to be safer. However, it requires high capital to do so because it requires a high specification device. Trade may produce quickly, but if you don't have the knowledge and skills in analyzing the market, the risk of losing will be higher.
newbie
Activity: 210
Merit: 0
August 31, 2018, 05:54:03 PM
you are correctly told that mining is the most reliable source of getting some coins and that trading is the best source of making money. these are two different things.
newbie
Activity: 154
Merit: 0
August 31, 2018, 05:49:33 PM
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?

Of course, the risk of mining is smaller. But mining costs are much higher than trading. Mining is increasingly difficult because now that large companies have taken over mining work, the high costs for personal miners have reduced them now.
member
Activity: 470
Merit: 12
August 31, 2018, 05:37:27 PM
None of them is safe if you ask me  Grin. Both ways are actually very risky. If you want to start mining, you need some capital at the start to buy graphics cards that are able to handle the difficulty of the network. There is a great possibility that your ROI from that card will not beat even the level of your starting capital, but you will have the card (which is going to be much cheaper at that time, so you might be really screwed). Trading is less attractive to me, but people with knowledge can actually benefit at basically any stage of the market, even during difficult times like we are having now. Remember, nothing can be taken for sure in the crypto world and you might never see your money again, so make some research and choose wisely  Smiley.
member
Activity: 252
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 31, 2018, 04:12:44 PM
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?
Based in my own experience, there is no safety here in crypto. Everything in crypto is risky, in just a blink of an eye you money will be gone. The only thing needed inorder for you to lessen the risk is to think wisley before doing such thing.
full member
Activity: 378
Merit: 101
dApps Development Automation Platform
August 30, 2018, 12:20:05 PM
Very difficult question. I used to think that mining is much easier. But then I realized that in order to start mining coins you have to buy expensive equipment. At the same time, there is no guarantee that the coin will be expensive and you will be able to sell it at a good price. There are risks everywhere.
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