Topic: mining or trading??HELP ME!!! - page 12. (Read 1957 times)
I think it would be better to have a mine rather than trade as because you don't have to think of ups and downs in btc price then
I'm newbie ,
im selected get bitcoin,how to get....!
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im selected get bitcoin,how to get....!
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Well hello newbie welcome to the forum my suggestion is go through trading at first before you mine , because I would like to share some method or ways to have a passive income , the buy low and sell high this method used by many people or users , and been famous. From the word it self buying low and selling high to double up your profit , but still it is depend on you. On mining well you need to face the expenses the high expenses and you need a cpu that is quality , and if you mine it's depend on your cpu on how fast. So still I suggest go through trading, good luck.
Mining requires you to have a big capital for buying the materials needed in mining while in trading you can start at small amount of capital.
In addition to the starting capital there are various other problems :
1) Huge maintenance costs: Most of the people forget about the maintenance costs in the form of electricity bills and expenses required for keeping the equipment cool. All this will effect the returns you are going to get from mining set up and may put you in loss.
2) Technical knowledge required: One also need to have a lot of knowledge to do the set up correctly. Even if you are able to do the set up on your own or with the help of a technician, there will be faults occurring later. You will have to spend money and time for repair.
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I think mining bitcoin is a good choice. It's less risky, and you can get stable bitcoins every month. But tapping bitcoin requires a lot of money to buy equipment, and it will take you a long time to earn back your principal. im selected get bitcoin,how to get....!
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Mining or trading ??
I think for a suitable beginner is trading, because the science of trade is not difficult to learn and does not take long to plunge.
You can learn fast by reading many articles or sites about trading or you can search for information in this forum.
as a beginner trading is the most suitable because you can benefit with the time you want and if you are good at trading you will quickly lead to success.
I think for a suitable beginner is trading, because the science of trade is not difficult to learn and does not take long to plunge.
You can learn fast by reading many articles or sites about trading or you can search for information in this forum.
as a beginner trading is the most suitable because you can benefit with the time you want and if you are good at trading you will quickly lead to success.
I wouldn't trade because it is very risky. I would invest and hold my coins for at least an year. I think this is the best model. If you want to have a lower risk, you should mine, but the profit will also be lower.
Mining requires you to have a big capital for buying the materials needed in mining while in trading you can start at small amount of capital.
I'm newbie ,
im selected get bitcoin,how to get....!
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im selected get bitcoin,how to get....!
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If you are a newbie and just dived into the world of cryptocurrency and has diced into the fountain of bitcoin then I think you better ready up your eyes and brain for some good old reading. FOR starters you can get dtarted on this forum there are a lot of quality topics here you just have to know where to look. Also, it is important that yo yhave understood the concept of mining and trading. Both have its cons and both have its pros and you would have to really choose for yourself what you think you would pursue
If you want to have stable profit then do mining, BUt if you wanted your money get risk but expect a huge rewards then choose trading. You should have knowledge on both side mining and trading. Trading needs Fundamentals and technicals while Mining you need to buy rigs to mine tokens and run node on the computer.
I would highly suggest to go with trading rather than mining because in trading you can assure that youll be able to earn big profit although it takes a long time because trading is a long term investment but if you really want to earn big so you need to be patient.
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For me, Trading is the best policy for making money within a short time period if you can manage it properly. but Mining is less risky rather than trading so as a newbie you can join in the mining platform. In this system, you don't have anything regarding this issue that's why mining would be a good choice for you. im selected get bitcoin,how to get....!
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I'm newbie ,
im selected get bitcoin,how to get....!
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im selected get bitcoin,how to get....!
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If we are talking about mining that depends on what country are you, some country is very high when it comes to electric bill so it is not a good thing to be mining, because mining can cost a lot of electricity, but if you have cheap electricity then i suggest mining, trading is just invest and focus in exchange.
I think Mining is better for a long term income .Trading comes with huge losses and in my opinion you should only do it if you have practiced trading alot.
I'm newbie ,
im selected get bitcoin,how to get....!
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im selected get bitcoin,how to get....!
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It depends...
If you are complete beginner to crypto world and also to IT field, in general, I would advise to start with trading, but just small ammount. Then read more and start to also mine.
Or get someone who has basic understanding of blockchain to install/ advise you about rigs and configuration.
Mining is better when you have low electricity costs, chilly seasons, dedicated space for the rigs. A mined coin can be up to 30% cheaper to you than the coin you buy on an exchange (that might not be true for all coins put there).
Trading is more risky, the market too volatile. With mining you can have some kind of assurance that what you mine is what you get at a given market state.
Just ask questions at more experienced people and always stay secure
There's different way to get or to grow bitcoin. But we you choose betweek mining and trading. Trading is better why because you need only capital and some knowledge about trading. While mining need equipment and big capital and it is not easy because you can lose for sure if you do not know how mining is really works.
I replied recently to a similar thread in which I wrote that it depends on how much money you have got. If you want to profit without doing much - invest in Bitcoin and wait. Trading is much more complicated than many people think. I would say that even mining is easier if you spend a few hours on trying to understand how the whole system works. However, GPU mining is right now not really profitable and ASIC mining requires you to buy some expensive hardware.
I'm assuming you're trying to know how to earn bitcoin based on your subject 
? If through mining or trading. I would go with mining if you you have technical know-how and electricity is cheap wherever you are. Else, go with trading but the risks are high.
? If through mining or trading. I would go with mining if you you have technical know-how and electricity is cheap wherever you are. Else, go with trading but the risks are high. 
It depends on what your initial investment is if you do have enough for a decent gpu mining rig and maybe a script miner it could be a option as atleast you can sell your hardware easily. From there you should have mined a few coins to play about with trading.
I'm newbie ,
im selected get bitcoin,how to get....!
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im selected get bitcoin,how to get....!
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The best thing is just to invest immediately and become a trader, in this way you can use your analytical skills and you can be good in marketing or build your own mining rig and earn coins passively depending on your electricity consumption.
It's s depends amount of your money. and when you need money. if you earn short time then trade is best. you can earn money short time in trade.but you can't earn money in short time. you earn money form mining in long time. and suppose you need money emergency then you cannot payout full amount. but you can fully payout form trade. so my choice is trade.
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