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 a good idea but it need huge capital and we all know that electricity is very expensive and once you do mining you just waste your money or simply to say you will not earn profit because you will use it to pay your bill in electricity so I will choose trading than mining. I prefer to trading because in trading it you will enchance knowledge about business and trading world. 
Topic: Mining or Trading which one is safe? - page 6. (Read 3282 times)
I think trading, although both are not safe but trading has a lower risk than mining and more liquid, because after mining not profitable is very difficult to selling back the hardware. But everyone has a different opinion because this must be adjusted to the conditions and time you have, considering trading takes a long time because you have to keep monitoring it
If you think the coin you're digging is going to rise. Instead of mining, you can buy coins in exchange.
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 both crypto activities are risky especially if you don't no the long-term potential of the coin your joining. If you are sure that it is legit, mining I think is less risky than the two as after setting up your rig you will be receiving constant rewards. But in trading you always have a risk of losing or gaining depending how you predict the market value of the coin. But then, more risks mean more rewards.
It depends on how fast do you want to have any [potential] profits. Mining requires both skills and investment while trading requires skills and lower investments))
It really depends on your situation, let me try to break it down.
Mining costs way more money up front, think thousands to tens of thousands of dollars.
By now, just using your home pc to mine isn't cost effective, you would have to get a pc specifically for mining (strong gpu) or an ASICS (crazy expensive).
If you are mining one of the major coins, you would have to join a mining pool and consistently put out a strong hashrate.
That means that maintaining your mining rig also costs quite a bit.
If you live in a country where utilities are expensive, this can become a pretty huge monthly expense.
For investing, there is the convenience of putting in only as much as you want to.
But, also for a newbie, there is a huge risk of making poor trading choices due to lack of knowledge or inexperience.
Just about every single new investor has had to learn the hard way (even if you did a ton of research).
So, in the end, it depends on your situation really.
Mining costs way more money up front, think thousands to tens of thousands of dollars.
By now, just using your home pc to mine isn't cost effective, you would have to get a pc specifically for mining (strong gpu) or an ASICS (crazy expensive).
If you are mining one of the major coins, you would have to join a mining pool and consistently put out a strong hashrate.
That means that maintaining your mining rig also costs quite a bit.
If you live in a country where utilities are expensive, this can become a pretty huge monthly expense.
For investing, there is the convenience of putting in only as much as you want to.
But, also for a newbie, there is a huge risk of making poor trading choices due to lack of knowledge or inexperience.
Just about every single new investor has had to learn the hard way (even if you did a ton of research).
So, in the end, it depends on your situation really.
Today, this and that is not profitable, because prices in the market are falling and they do it very quickly, everything goes to hell, I don’t know what to do with it, of course I’m scared like others, I just don’t understand how to save at least a little of mine deposit.
I feel that both trading and mining are risky since you are betting that the coin you are going to mine or trade is going to appreciate in value. Trading might be a better option for most people since mining require cheaper electricity cost.
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 of these methods of obtaining require investment. Which one to choose, you decide. If trade can be tested with small investments. With mining, this will not work, because weak equipment will not bring income. You can do BOUNTY, for newbies this is the most important thing. 
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 mining and trading have a plus and minus. On mining, you needs to buy a mining tools/rigs, also you needs to calculate the expense, like internet bill, electricity bill and other things. On trading, it's more easier than mining IMO, because you don't need to calculate the expense, you only need to find a good coins that looks promisin in the future.
The both have risks associated and it becomes intense if you have less knowledge in any of them. But personally, I will go for mining over trading when it comes to safety
I think trading is safer than mining even though both of these things have the potential to lose but safer is trading. the strong reason is that trading does not require a lot of capital in the sense that you can learn to trade with a small capital compared to mining that requires a machine that spends a lot of money
in my opinion, the long-term investment is the safest option try to believe in some startup and stick with them until they grow and you will make nice profit good luck
Mining has a less minimal risk as compared to trading, but the problem with mining is that you need a nice sum of money to make it big in mining, as for trading is highly risky and require less fund to start up
Trading is much more safer,but mining is better when crypto price is higher.
Currently mining sucks , it is below electricity price,so trading is a solution right now
Currently mining sucks , it is below electricity price,so trading is a solution right now
in the crypto world the safest position is by mining to be able to profit compared to trading. because that is a sure thing.
but by mining you need a lot of capital to buy the supporting devices.
but by mining you need a lot of capital to buy the supporting devices.
I prefer to trade because the risk is less than mine. mining is very difficult if we don't really understand and need large funds. if we trade all we have to do is wait for the right moment and be patient, surely the benefits will come to us.
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 on experience, mining is more safe than trading but mining is high efficient in terms of electricity and the parts of your computer. So i still prefer trading because if will revolve to your personal experience only. 
None of them are safe and both are at risk. Trading is far more risky than mining because in trading you can lose money every hour if you can't read the graph and when we talk about mining let's say that it takes time to find what we want
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 quite good, but only for some time ago, when the amount of coins was still high. But at the moment, trading also creates a small profit. Think about it, every day you only need 1% of profit, then you get 30% a month. Jump to: