Mining or Trading which one is safe? - page 2.

Leezkie22

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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?

buddy we both know about the future. Both of them are good but too risky if you dont know hold manage. Thats why you need to study it first. But for me based in my experienced i would like to go trading for me its more easier and lets investment.

Nowherman

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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.

passwordnow

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Leading Crypto Sports Betting & Casino Platform

I'm not shilling guys and not just because I'm part of nexybit's signature campaign I'm telling you this.

Nexybit has its own token and it is a revenue share mining exchange. Having their token, you get to mine through their exchange.

http://token.nexybit.com/token_mining_en.html

I joined their airdrop and I'm receiving my share through ETH everyday and that's why at the same time I trade and mine which feels good.

Omnopon)

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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 think that nothing is ultimately safe in crypto. You are still risking no matter what you do. In my opinion, mining is off bounds right now with Bitcoin prices we are having, and trading is not for newbies.

mine2slow

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Quote from: Raidal on November 26, 2018, 02:41:41 AM

Yeah, if talking about security, mining is safer than trading. However, security depends on ourselves as the perpetrators of the crypto currency game. Indeed between mining and trading have different positive and negative sides. Mining is safer but requires a lot of capital to do it. Trading is less secure because of the many irresponsible hackers. Besides that, there are also many frauds in trading. But, trading can be done with little capital. As experience increases, we can increase our capital in trading. But you don't need to be afraid to choose mining or trading. The key, you have to master what you choose. You can increase your knowledge so that you can still choose mining or trading without any interference in terms of security. I myself prefer trading rather than mining. Indeed trading is less secure than mining but I have more proficiency and competence in trading than mining. That is my sharing.

Thanks for sharing, This is my opinion exactly. We have to master what we choose. And things get risky here: mining can be riskier than trading or vice versa. The key is not to get discouraged and learn more each day.

sirohige

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Current conditions that are very expensive hashrates are also very expensive, making mining not very profitable in some countries have begun not to screen bitcoin but when you are in a location with very cheap electricity costs even with very cold conditions you can use mining. whereas I myself currently only trade cryptocurrency.

Mr.trader

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if we learn and do properly both are safe and profitable if we dont do correctly nothing is safe

sleepless

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Quote from: Desscount on November 26, 2018, 04:54:32 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 don't know about mining, because it really needs strong computer specifications, especially for electricity costs. so I chose trade, and trade was the most reasonable thing to do now even though in the past few days it was very detrimental

I agree, for mining you need a lot of investments and with the current rate of cryptocurrency there will be a long payback period. Trading can afford everyone starts from a small investment.

Desscount

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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 don't know about mining, because it really needs strong computer specifications, especially for electricity costs. so I chose trade, and trade was the most reasonable thing to do now even though in the past few days it was very detrimental

yingfeng

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Now it is more profitable to find coins for long-term investments. For the mining it is necessary to acquire computer equipment. For trading you need to have a lot of experience.

3lyntmy

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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?

for my opinion, i think mining will be the safe way but don't forget if mining u have to use ur own money to buy those equipment first and that's not cheap Cheesy

Suwycu

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FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET

In my opinion at the moment, cryptocurrency mining ceases to be profitable, because the market is not yet at its best!

thefoex

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mining is the safest choice for those who want to get crypto. but when viewed from the profit obtained trading is the best choice. we don't need to have a lot of money just to get big profits. what we need is analysis and patience to wait.

S[m]OKE

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The cost of production is already becoming one figure with the cost of production at a pace that soon will not be a profitable business.

Vanderbleek

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Nothing is safe. As for the last studies, mining is now gives you around 0 percent profit or less. Trading does not bring you much more, due to such market conditions and to the very high volatility on at the moment. I would stay away and wait for the better times.

phuong0011

copper member

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This market ends when there is no demand for trading. The future of the currency market will be cryptos based on the blockchain platform

joshv06

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Quote from: dentolas on November 26, 2018, 03:22:32 AM

I guess that it mostly depends on the price/source of your electricity... I see this as the only danger in mining... if you have cheap electricity or solar pannels hooked up on your mine, you'll be mining just with the inicial investment....it also depends on your strategy...if you keep selling monthly or hold the mined coins.
Concerning trading I guess it depends a lot on the market... profitable tradings on a bear market are not easy, while during a bull run, almost everyone will take profit

Both Mining and Trading has its own pros and cons based on our level of involvement and what we want to achieve from it. Mining requires a Hardware with high processor and it consumes high amount of electricity. So setting up mining process requires High Investment and require 24 hrs power supply which is bit tougher. Apart from that Trading is bit risky due to lot of scammers and risk of losing money if a person doesn't have knowledge on trading. Based on experience a person can learn trading and become the master and earn lot of profit from trading.

futureofeth

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Both of them are very risky but the thing here we need to very careful with the Mining because we need a very huge investment in order to mature coins. Through trading, we don't need any huge investment in making a profit but in trading, we don't need to invest like Mining. Whatever the amount we are comfortable we can invest in trading.

dentolas

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arcs-chain.com

I guess that it mostly depends on the price/source of your electricity... I see this as the only danger in mining... if you have cheap electricity or solar pannels hooked up on your mine, you'll be mining just with the inicial investment....it also depends on your strategy...if you keep selling monthly or hold the mined coins.
Concerning trading I guess it depends a lot on the market... profitable tradings on a bear market are not easy, while during a bull run, almost everyone will take profit

clipman77

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I also think that it is better to learn how to trade in the market, than to engage in mining by purchasing expensive equipment that will become obsolete in a few months, and you will have to pay large amounts for the electricity you spend.

Topic: Mining or Trading which one is safe? - page 2. (Read 3282 times)