Mining or Trading which one is safe? - page 15.

Renaisance

newbie

Activity: 84

Merit: 0

Quote from: sajjad100 on August 21, 2018, 02:56:53 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?

Maybe mining is safer, because it might not need a lot of management and strategy.
But of course both can be done at the same time, because you will never know which is more suitable for you, unless you start trying it.

AlenDel2

newbie

Activity: 196

Merit: 0

Extraction is the prey, and if you properly adjust your equipment, you can earn well. But now the miners are hard at giving bread. To become a good trader, here it is still more difficult and expensive equipment here is indispensable, knowledge in this area, strategy, endurance and patience is necessary. You all suggest that I take a closer look at the company whose signature I'm wearing. This is a good chance for investing for a long time!

koralan

full member

Activity: 462

Merit: 100

Quote from: boltz on August 21, 2018, 03:04:17 PM

None of them are safe and both have risks. Trading is way more risky than mining because in trading you can loose money every hour if you can't read the charts and when we talk about mining let's just say that it takes time to search for what to mine and you must always have someone near them or a remote control program as from time to time they're going down and you must turn them on again. In conclusion, none are safe , both are risky but without risks there are no big rewards.

I agree! All the work involved in the cryptographic market is dangerous. But mining is less dangerous than trading. It's getting harder and harder. Trafficking is dangerous but can give investors better returns.

gawuk

sr. member

Activity: 602

Merit: 250

Quote from: sajjad100 on August 21, 2018, 02:56:53 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?

Maybe both have very different approaches, even though both are ways to benefit from this industry. And it looks like both of them can be done to complement the variety of difficult situations at this time. But of course mining is safer, although maybe the percentage of income will also be smaller now.

fumblingperch

full member

Activity: 490

Merit: 100

Mining is a safer way to earn money, but it is less effective than trading. Trading is the most profitable method of earning, but you can also lose all your money.

mastadonballs

full member

Activity: 420

Merit: 100

Of course mining is safer than trading but at the moment you can't earn money from mining if you just have small amount of money to start

. You should know that price of every cryptocurrency at the moment is really low so with small capital you can't get profit from mining at the moment but you still can get profit from trading if you're a good trader

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Nidhi Bhatia

copper member

Activity: 210

Merit: 0

Very simple question, Mining is all time safer than trading. Crypto market is fluctuating every day so trading is very risky these days and its also want lot of market experience. On the other hand, Mining don't need much experience and profitable than trading.

belal12

newbie

Activity: 602

Merit: 0

Mining take a lot of time but trading is too much risky. If you take risk then you can earn money a lot of money from trading within a short moment. Mining does not make you any loss cause from here whatever you will get everything is your.

Freezingel

sr. member

Activity: 574

Merit: 251

Trading is not safe as there's a large chance of losing all of your money if you don't know what you are doing and from your sentences you are not familiar with trading. Mining is a safer source of income but you need capital to build the mining rig and it takes time until you break even and start making money.

Experia

sr. member

Activity: 924

Merit: 265

Quote from: Desscount on August 22, 2018, 08:44:55 AM

Quote from: sajjad100 on August 21, 2018, 02:56:53 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 prefer to trade, I think trading is easier than mining, because mining will really need strong electric power and a good device. I think it's more efficient for trading.

also mining requires a lot of capital to make a good device that is design to mine right, while trading you can put a small amount of capital and circulate it in the market to have a profit.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: sajjad100 on August 21, 2018, 02:56:53 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 prefer to trade, I think trading is easier than mining, because mining will really need strong electric power and a good device. I think it's more efficient for trading.

Tulanpa

newbie

Activity: 98

Merit: 0

My friend there is nothing in this world that required easy task to get rich. Both mining and trading are risky but one either more risk than the other. If you choose mining, you have to consider the cost. And if you choose trading, definitely you are going into serious gambling. Just focus on the part with lesser risk and much return.

Niam_bakri

full member

Activity: 644

Merit: 100

I prefer trading, there we can get crypto that we want with profits that are faster than mining that requires a device with large capital and quite a long time.

thinkpad99

sr. member

Activity: 654

Merit: 250

It depends about your possibilities because not everyone can mining, this way of earning needs good equipment. On the other hand day trading needs a lot of knowledge and experience. In my opinion you should get more knowledge and later choose what is more profitable for you

mbluxs

sr. member

Activity: 938

Merit: 250

Quote from: sajjad100 on August 21, 2018, 02:56:53 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 are at their own risk, there is nothing really safe. Here you have to test yourself, where you will be able to manage, whether in mining? or vice versa in trading? only yourself can measure

Farul

sr. member

Activity: 270

Merit: 309

Shinji bgt gwh

Quote from: sajjad100 on August 21, 2018, 02:56:53 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?

High Risk,High Reward
Mining=Passive Income,With GPU Mining You Can Resale Your GPU With A Decent Price,You Only Need To Choose A Good Coin,You Need To Maintenance Your Mining Hardware,Have A Decent Reward
Trading=Active Income,You Need Active Checking The Cryptocurrency market,Not Safe For Newbie,High Risk

sukoyomi

full member

Activity: 948

Merit: 110

trade and mining in the crypto world are very risky, because no party is responsible. depending on where you are more experienced, trading in the digital world needs intelligence and experience.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: sajjad100 on August 21, 2018, 02:56:53 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?

If you want to trade then you can start with capital that is not too large. I will detail what are the advantages and disadvantages when we trade or do mining.

Trading:
(+)advantages: Can be done with little capital
(-)Disadvantages: Requires experience and understanding to improve skills in reading analysis

Mining:
(+)Advantages: Earnings can be routine
(-)shortcomings: Requires a very large capital and we must know various configurations and coin developments that have prospects.

fulmetal08larz

full member

Activity: 476

Merit: 124

The safety of your funds rely heavily on how you protect it. Invest in security of your funds to keep them safe. Both mining and trading can be profitable. In order to liquidate what you mined, you have to trade it, so you have to learn how to trade on a respectable exchange as well. Mining is low maintenance, wherein you only have to setup your rig and wait patiently, but you also need higher capital to realize your gain.

Vit83

full member

Activity: 644

Merit: 100

Mining is not very profitable now, and no one knows how it will be in the future. Difficulty grows every day and soon most coins going to work on POS and there will be in mining. Trading without experience can be a waste of money, time and your energy. Most of the miners now working just with the hope that crypto will grow) So the best way is to buy great coins and wait IMHO. You can find that some ICO with great hype now cost lower than on ICO)

Topic: Mining or Trading which one is safe? - page 15. (Read 3284 times)