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Topic: Mining or Trading which one is safe? - page 18. (Read 3284 times)

jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
August 22, 2018, 04:25:31 AM
#36
Well i prefer trading since i do not that much money to buy equipment for mining crypto. As we all know that we need those strong gadgets to use in mining and at the same time the current usage also will be huge so expect to get a high power usage on mining.
newbie
Activity: 27
Merit: 0
August 22, 2018, 04:12:52 AM
#35
Both have risks. I think the mining risk is even bigger, because the mining input cost is relatively large, and the mining difficulty is getting bigger and bigger with time. It also takes a long time to recover, and the transaction will be easier. More, the transaction can be controlled as long as the investment price is reasonable.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
August 22, 2018, 03:57:26 AM
#34
If you do not want to enroll in spending a high amount of money, then you should resort to trading because mining requires a big capital in the beginning. You need to buy strong hardware and rent a place, and pay the high electricity bill. In trading, you can start with a big capital too. But at the same time, you can start with a small one. So, big or small does not matter. What matters most is how well you do your researches and grasp how the market goes.
member
Activity: 168
Merit: 10
August 22, 2018, 03:50:25 AM
#33
Mining is safe and trading is more profitable for so much, you can combine these ways and get the most preferable method  for earning money in crypto.
newbie
Activity: 291
Merit: 0
August 22, 2018, 03:37:18 AM
#32
if in my opinion the safer is mining, because we definitely get the coins we are mining every day and if the price drops then we just hold and if it rises then we will experience a very large profit.
member
Activity: 364
Merit: 10
August 22, 2018, 03:33:43 AM
#31
Both are risk and hard to gain money. Mining is not the play of small miners because hashrate increase significantly, mining devices cost too much but you are easy to lose. Trading is similar, a deadpool with full of traps for newbie.
newbie
Activity: 86
Merit: 0
August 22, 2018, 03:27:09 AM
#30
I think we will trade, because for us we trade will also get faster profits, by buying cheap prices, and we wait for prices to rise, so we will also benefit.
sr. member
Activity: 714
Merit: 250
August 22, 2018, 03:24:15 AM
#29
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?
both have risks but mining has less risk than trading but you can get more profits by trading.
member
Activity: 260
Merit: 10
August 22, 2018, 03:22:04 AM
#28
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 think it is more safe in mining. Because as I've see now a days mining is much reliable because you income was passive and without doing anything you will gain money you've just only invest some money while on trading it was too crucial because the market is always changing and because of that your money will go into risk and may result for nothing.
newbie
Activity: 74
Merit: 0
August 22, 2018, 03:05:50 AM
#27
I think mining is safer and with more profit but the capital involve is high than that of trading because one can start trading with as little as $20 to $50
full member
Activity: 293
Merit: 100
August 21, 2018, 04:33:39 PM
#26
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 would say that mining is, so much easier and it's just stable but it where you will depend on the current price state. And if Ethereum will go down to $50 your mining will not save you unfortunately.
newbie
Activity: 7
Merit: 0
August 21, 2018, 04:28:07 PM
#25
a lot of crypto experts usually go for mining because they believe that is where everything happens, which at times could be true.  but personally, for me, I prefer trading because there I get to see what I'm doing and its quite simpler than mining cause you don't get to buy all those stuff that mining would require. so for me, I think trading is much preferable if you can't afford much for mining.
newbie
Activity: 532
Merit: 0
August 21, 2018, 04:20:54 PM
#24
Both trading and mining are not safe it just that mining is more secure than trading, you can easily loss your money on trading.... What I can say is that trading is cheaper than mining.
newbie
Activity: 21
Merit: 0
August 21, 2018, 04:15:30 PM
#23
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 two things that have different risks. Mining requires a lot of capital to get started because it has to prepare high-specification CPU and GPU devices. Whereas trade must have a high level of knowledge in analyzing the market, otherwise it will experience defeat and loss.
sr. member
Activity: 728
Merit: 254
August 21, 2018, 04:10:25 PM
#22
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?
As a newbie it not always advisable to start with trading. Learn more about Crypto first.
Trading or mining are both profitable it all depends on your professionalism
full member
Activity: 195
Merit: 100
August 21, 2018, 03:58:22 PM
#21
Both variants aren't safe because everything has risks. I'd recommend you to trade only id you have knowledge and patience, otherwise you can lose everything. For mining you must have large amount of money...
newbie
Activity: 104
Merit: 0
August 21, 2018, 03:51:33 PM
#20
I can tell you that both of these methods are risky because you don't know how about future of the coins, it maybe make you much money but also can make you lost everything. But mining will be less risky than trading, of course it will be less profit than trading. If you can't not afford the losing, I think it is better if you can earn by practicing on airdrops/ bounties. There are some projects are very potential and can make a lot of money.
newbie
Activity: 98
Merit: 0
August 21, 2018, 03:44:30 PM
#19
The truth is there is no guarantee that if you enter into it you will make the kind of money that you feel is there. Mining is good, trading is also good. You need money to go into mining that will fectch you good profit.... you also need money to go into trading so you just have to sit back, think of what you want, do your research and look into your budget then you can delve into anyone of your choice.
sr. member
Activity: 2618
Merit: 439
August 21, 2018, 03:42:49 PM
#18
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?
You really wanted to know? I urge you to read the thread below because this questions have been asked so many times already:

Mining vs Buying Altcoins, which option is better?
Mining vs Buying Profitability
Reliable comparison between mining vs. buying and holding
To mine or invest?
Trading or mining?
Investing into mining or trading ?
mining or trading??HELP ME!!!
BTC Mining vs Buying

Just remember that Google is your friend.  Smiley
newbie
Activity: 285
Merit: 0
August 21, 2018, 03:41:39 PM
#17
both of them are not safe but risky too. at the time of trading you can loss your money if you don't have a lot of experience about it. and mining will be dome you same thing again and again but will give less earning.inspite of being not good mining is better than trading.
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