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Topic: Mining or Trading which one is safe? - page 3. (Read 3282 times)

full member
Activity: 560
Merit: 100
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.
full member
Activity: 658
Merit: 100
November 26, 2018, 02:40:06 AM
Both mining and trading have their advantages and disadvantages.  There must be different ways to approach these important cryptocurrency activities before you can make success of them.  Trading is risky as prices may go up or down.  Mining is risky as well as you may not be making profit due to myriad of issues.
member
Activity: 574
Merit: 11
HiveNet - Distributed Cloud Computing
November 26, 2018, 02:19:59 AM
Mining is indeed very safe but the results you get are only a few. Unlike trading, you can get a lot of profits, even though trading has a big risk. In trading, you must be smart, when to buy and when to sell coins. But I prefer to trade.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
November 26, 2018, 02:17:41 AM
Both mining and trading have advantages and inconveniences, too. It is up to you to see which one fits better on your need.

If you are an experienced trader and live in a country where electricity is expensive, you would be more probably interested in trading rather than mining. If you have free/cheap electricity, mining could be a good option, as well.
sr. member
Activity: 700
Merit: 251
November 26, 2018, 02:17:25 AM
both are the same and to break it then you better explore both fields it in depth. the risks and advantages of each there and choose which one will depend on ability. mine is not easy because it takes a huge facility if you want the results satisfactory. a trade also did not easy since many aspects that must be mastered.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
November 26, 2018, 02:07:49 AM
for now I think it's better to trade, because it is seen this market situation it's time to invest. their miners complain that the price of bitcoin is getting lower at this time, so they cannot cover losses caused by increased electricity payments but profits decline due to bitcoin
full member
Activity: 574
Merit: 100
November 26, 2018, 02:04:43 AM
Trading and mining are all at risk. Mining, of course, requires equipment that supports mining and costs a lot. This is different from trading, but trade also requires big capital if you want to get big profits.
full member
Activity: 421
Merit: 101
November 26, 2018, 02:04:05 AM
Ofcourse both needs a capital and enough knowledge, I don't know which one is safer, in mining the only problem is electricity bill, while in trading you must really need to study and learn in order to maintain profit
full member
Activity: 326
Merit: 100
November 26, 2018, 01:26:07 AM
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 is not relevant right now due to lack of capital. Many coin prices have fallen to such a minimum that costs exceed income, and trade has become even more risky, because it is impossible to predict what will happen in the near future.
hero member
Activity: 1005
Merit: 500
November 26, 2018, 12:57:31 AM
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 can do it in two ways, because everyone will encounter different situations.
full member
Activity: 504
Merit: 100
November 25, 2018, 09:48:30 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 is probably the safest bet because you get to earn coins without ever having to pump out more money to acquire such tokens. All you have to do is buy a miner and invest the first time, after that, the miner will do the work for you. You don't have to watch the prices of tokens and day trade.
sr. member
Activity: 1638
Merit: 251
November 25, 2018, 09:38:24 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?

Usually, mining is safer than trading in the market because mining can produce a steady income for miners.
but in this bear market, i think you must not play safe. If you keep mining with this low price to sell, you may won't be able to cover your mining expense.
For now, it is better to trading for profit than mining due the crashing value of cryptocurrency.
jr. member
Activity: 392
Merit: 2
November 25, 2018, 05:48:32 PM
Mining profitability depends on the price of the coins we are mining and the difficulty and it is changing. With low price
of BTC mining is not profitable as the costs are higher than the benefit. Trading is always profitable if you have a winning
trade. Of  course it is not possible but experienced traders manage to have a profit long term in all market conditions.
member
Activity: 262
Merit: 10
November 25, 2018, 04:32:21 PM
How could one compare mining with trading?? It is two different fields required different skills and different character. Also mining is not as profitable as it was not a long time ago. Anyway it is less risky than trading, so if you want to figure what it is - good decision

Nowadays it’s hard to understand what is more profitable and what is less.
Do what you like best and what you can do. For mining, you need a large starting investment. You can start trading with a minimum amount of investment.
sr. member
Activity: 1148
Merit: 252
November 25, 2018, 04:23:55 PM
if we are mining, of course this requires a lot of money and strong mathematical thinking because this is very complicated for a beginner, and if trading now is also very difficult to make a profit. Of course everything is not safe and there is a risk.
sr. member
Activity: 672
Merit: 250
November 25, 2018, 04:17:48 PM
Of course, the risk of mining is less when we ask securely. But the cost of mining is much higher than trading. Mining getting harder day by day. Now, big compaines took over mining job already. It is almost impossible that mining with only personal.

Both has its own function either positiver and negative. In mining it could be easy but it is also risky while in trading it needs to study more the process and once you got it everything will be okay. In every activity that we are doing their is assurance or dont have that would alwats depends in our performance.
sr. member
Activity: 532
Merit: 250
The Exchange for EOS Community
November 25, 2018, 03:55:00 PM
How could one compare mining with trading?? It is two different fields required different skills and different character. Also mining is not as profitable as it was not a long time ago. Anyway it is less risky than trading, so if you want to figure what it is - good decision
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
November 25, 2018, 03:50:35 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?
Between the two, mining is safe but obviously it requires more money as you need to have your mining rig but it is not profitable this time. Trading is so risky that you can lose your money in just one day if not manage correctly.
jr. member
Activity: 91
Merit: 1
November 25, 2018, 03:49:51 PM
Buying mining hardware you buy an item that belongs to you. Even with Ryn if something happens you will have for example a video card or other hardware. Trading on the stock exchange you get only digital assets, the rate of which is not predictable. I choose mining.
even though you will get a graphic card (VGA) or other hardware I think it will be difficult to sell it back. On the other hand, now mining is not profitable considering the price of cryptocurrency is bleeding even some large mining companies have gone bankrupt, so are you still sure to choose mining?
sr. member
Activity: 1610
Merit: 372
November 25, 2018, 03:46:52 PM
Now mining is no longer profitable as before. The price has fallen so much that many miners are at a loss and are waiting for the price increase for coins. And the time for purchase and further sale is just the same favorable, everyone is waiting for growth.


Mining is not as profitable as before, but it is all exactly profitable, which means that none of the miners will turn off their farms. The market has fallen before, and the miners all continued to work smoothly, in spite of all the allegations that they were mine at a loss.
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