Topic: mining or tranding? (Read 2807 times)
I wonder how many traders have quadrupled their money in the last year. That's how much you would have made by not trading. My guess is less than half.
This time mining is not profitable. But if you have some knowledge in treading you can earn more than mining. In treading you need some knowledge and also need some money. But treading is risky if you walk in wrong way. But if you have good treading knowledge you can double your money within few days.
i prefer to say trading is best choice for me my self, but as i read many people experience, they prefer to trade as i do.
Mining BTC have spend your time. too many cloud mining in some site that scam.
according to me you can trade your BTC, but you have to spend your BTC
generally the price of BTC is Fluctuate because It's the price looked at some gold or currency your country.
according to me you can trade your BTC, but you have to spend your BTC
generally the price of BTC is Fluctuate because It's the price looked at some gold or currency your country.
It actually depends on you , and your situation. If you like to hardware and set things up and no matter what like to make money and (have some money ) i would say go for mining , if you don`t like risk very good for you . However you like the researching and reading news regarding block-chain technologies and ( have some money ) go for trading, never forget trading is not easy as it seems. You may make some money but one day you may have to leave some of yours too. 
Do it the one suits your mentality and character.
Peace out
Do it the one suits your mentality and character.
Peace out
If you have a budget to build your own rig to mine altcoin i think you should choose mining but if you don't have a large capital to buy mining rig but you have a small amount of money i think choose trading but first you need to learn it first so that you can make a profit once you know what are the best to hold and not..
Me : trading only, because dont have PC
I just have android.
I just have android.
I think mining certain altcoins can certainly be profitable but it requires quite an investment and alot of knowledge to get started and be profitable. Trading on the other side also requires investment and knowledge but it's a lot more accessible and easy if you get used to it.
Do you think is more profitable mining or trading? Advantages and advantages of anything.
It all depends, how much money you got and how would you more like to earn money. By mining you earn your money passively, i mean you do not have to do anything while your computer is mining and make you money. But that solution is really hard and does not pay off, unless you invest a lot of money. But on the other hand there is trading, which is by my opinion better. You can start with less and move forward from there. At the end its your choice.
mining is great when the price is high you can hedge your bets if unsure, mine the coins instead of investing.
Around 2014 I mined a lot with big computers and it was very profitable. Just did around 0,25 btc every 3 days, became shit after a few months and was out of ideas. Sold all the hardware and went trading. Bought a lot in the dip and just keeping it. In my opinion mining is good to learn how a coin works and if you belief in it buy it for the long term!
Someone here with good tips to invest for the long term? What tools you use to do your research? I have some tools and ideas but want to scale it up a little bit and betting on more horses!
Someone here with good tips to invest for the long term? What tools you use to do your research? I have some tools and ideas but want to scale it up a little bit and betting on more horses!
If you trading you should be mining too to support your coin. You can mine a coin then trade it. Best idea is mine for profit then to make even more pair that currency you recently minined with another that you were planning to buy anyway and maybe get a good osirrd trade better then if you paid with Bitcoin. It's up to you to do the research as to when it's better to mine or simply buy.
one thing to remember trading is a zero sum game for every dollar you make someone has lost a dollar. traders think they have skills but a lot is just luck.. Holding seems a good bet in these times, and mining allows you to do that, you also add more to the whole industry than making a few bucks.
i enjoy mining much more than trading. my roi will be a year but a year of learning, understanding the supply and demand waves, and a chance to feel part of something, even if i don't become millionaire.
i enjoy mining much more than trading. my roi will be a year but a year of learning, understanding the supply and demand waves, and a chance to feel part of something, even if i don't become millionaire.
They are both risky businesses however I think trading so long as you know what you are doing could be better.
Just do your own research before throwing your money around.
Just do your own research before throwing your money around.
Trading is extremely risky, especially for newbies. Most of the altcoins (such as Ethereum, Nemcoin, Litecoin, and Ripple) are at all time highs, and there is a strong chance of a correction occurring. So if you trade in altcoins, there is a very strong chance of incurring losses.
For me trading is more profitable because I haven't really tried mining. In trading you can monitor everyday and even profit everyday if that's what you prefer but just make sure the coins you are putting your money on are active coins, mining they say is good too but electricity cost would be a major problem if so.
Yes I agree with youIf you want to invest more
But if you want a little just need to be a miner only.
They are both risky businesses however I think trading so long as you know what you are doing could be better.
Just do your own research before throwing your money around.
Just do your own research before throwing your money around.
Do you think is more profitable mining or trading? Advantages and advantages of anything.
Out of the mining and trading I will prefer to use trading for the earnings purpose .If you have the cheap or free electricity then I will suggest you to made the mining as the income source in your life but probably in the most of the countries the electricity in not cheap , so most of the people are using trading job for income .
Here trading needed to get study in better way and also need experience of one to two month that how the system of the trading ( day trading , Bitcoin only trading , altcoin trading ) is working and how to choose the better coin for the investment .
All will depend upon your experience in this field .
If you started the trading then I will suggest you that never get panic of down in the price and don't sell until you get profit .
If your GPU low quality then mining is a long Process I suggest you to trading it's a way that's give you lots of profit and if you have a powerful GPU then start mining but trading is the best already I make some money from trading and i always suggest that do trading and earn money.
There's the possibility of loosing everything you invest with trading but returns are also much higher.
Mining has slow returns and require a good amount of investment at the start.
Mining has slow returns and require a good amount of investment at the start.
base on what i read here in forum. ithink the profitable is trading because witch is low cost of investing and not to risky than to mining..correct me if im wrong thanks. i have no experience on this both but base on my study on this furom to.
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