I personally suggest you to invest in cryptocurrency instead of mining, For mining, you should spend more money for that and you have to monitor. It is a headache for you, always we cannot taking care of mining tools. some might feel lazy and also mining difficulty is increasing day by day. if you spend that in the investing area, easily you can gain profit.
Topic: Trading or mining? - page 16. (Read 4807 times)
I don't have vast knowledge about mining. But I know need to have a lots money to invest on it. It always hard to get profited from mining. It will so expensive as well. Its better to do trade You can start from any level . You can earn a lot from trading. So I will suggest you to do trade first.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
I would prefer trading over mining because mining would be needing enough expenses and capital to sustain the system. It is also quite slower than trading. Trading would only be needing enough knowledge and understanding for us to do better in it.
I was never starting to mining but based on the experience of some people that mining aren't profitable anymore because the cost of electricity is very high but indeed the choosen for this question depend on the people themself but i think majority people currently will choose trading rather than mining including me too
I think the right choice is to trade coins.
Trading is easier than mining.
If Mining requires sophisticated PC specifications and requires large capital to get free coins.
If you trade then you can start by following the bounty to get coins for free.
Trading is easier than mining.
If Mining requires sophisticated PC specifications and requires large capital to get free coins.
If you trade then you can start by following the bounty to get coins for free.
The growth of Bitcoin is assured, so the total value of this wallet will continue to rise over the next two years, meaning that my initial investment of $330 will be worth a whole lot more two years from now, giving the kind of return no bank in the world can possibly offer.
Mining is a one time investment you should invest on mining platform this will make profit and you do not take may effort in this moment. But trading is little risky investment because you should always monitor the market then only you will earn good profit in this platform. My perspective both are little risk because day by day technology is improved so GPU cards are update on every year.
I don't any platform where profits from mining is guaranteed. More so, I am yet to hear a good testimony of a successful person who made it big from mining... all I hear are loses and scams. I will be glad if you can recommend some of the platforms you have in mind to me with thier links and any information that can be of help. Thanks.
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
Trading is better than mining. Mining is very hard for some user but trading is easy everyone use it easily.
I like to use trading
I like to use trading
There are many different risks in this. On this here you need to understand that you can just lose all the money.
Depending on your abilities and assets, no everyone is suitable for trading as well as no everyone is suitable for mining. How important your vision and greed, it will lead you in the right direction.
As we trade we're expecting to gain profit right? The same with mining, it was expected to have sustainable profit despite of how expensive is the overhead cost on operation energy consumption. Mining really earns better profit if you have high performance equipments, but the cost was too high. Just prefer do trading if you don't have that huge capital to start mining operation, and you're going to learn trading step by step with promising coins on cryptocurrency market.
If you have the initial capital I think you should trade, exploitation will be time consuming for you and you may never be able to make a profit so we should not focus on exploiting. Invest in earning profits faster
Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.
if you have enough capital to invest and also mine coins then you can try them both and you will know which one is more profitable among the two things, but if you have the capital for one of them, I recommend trading (investment), provided you have know how to invest, and if you have gotten a profit there you can try to make your own mining at home
The both opportunities are okay. You can decide to invest into the both of them and reap bountifully and also reduce your risks as well. This is actually the best thing to do. Trading and mining are good to be done together
Depending on your abilities and assets, no everyone is suitable for trading as well as no everyone is suitable for mining. How important your vision and greed, it will lead you in the right direction.
I think both have relatively high risks, however, with mining, it is lower than the part.
Mining you need patience and some knowledge of PC hardware
With trade you can proactively manage your property better and more mutations
Mining you need patience and some knowledge of PC hardware
With trade you can proactively manage your property better and more mutations
i think it will be depends on what country you belong, here in us, the climate and the electricity rate is so high, so definitely i don't think mining will be good to start here until trading more risky yet it's vert convenient so i will go for trading.
I think trade is also less expensive. The costs of mining are high. so it sometimes creates problems. trade is risky but there is a chance of being done with little risk. Good research. Good analysis. they can be enough to make money.
Mining is a profitable business if you have a large enough farm, and if the capacity is small, then you should not even start it, because it is difficult to compete with large miners who have factories allocated for this.
It seems that mining is better than trading because it doesn't need just enough capital skills, maintenance problems stay at the aj computer shop, money continues to flow every day so the risk is the most if the price suddenly falls so having to hold first then sell While trading is hard to analyze, profit is not clear.
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