Topic: Trading or mining? - page 19. (Read 4807 times)
I have free electricity and I still have not started mining. Go have a read in the mining sections of this forum. Those guys will scare you out of mining in a few threads. I still don't know what to do at this point.
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 we talk only about me, my answer is trade, not production. This is my character, it is justified only by my character.
The best way is to trade. Although theres a lot of risk management along with emotional management to take care of whereas mining is very simple although costly as the newest mining machine has been produce monthly if not annually. Hence, trading is the best soluton in which you can consider on hodling first and learn to trade precisely before considering scalping/day trading.
If the electricity in your place is cheap and you can do it then i think it's one of a good source as passive income, but the downside is you have to wait for a long time to break even. In trading the risk is higher but you can earn money quickly but you have to be good at it. If you want to mine then it may be the right time as there's a new gpu in near future.
If do you have conditions and ability the better to try. Another way if the person don't understand how to working in this system with bitcoin and ethereum.Trade will be more real to get money than mining.
I think when you begin, you should practice in the small model before the big star. If you have more money then you can bring that money to invest. Make that profit more safely and more articles.
if you are mining offline it will certainly be difficult to use it you need tools for mining, computers with high specifications, electricity, rooms and so on, but you can get around it with online mining but it will be risky of course, trading will be the best choice in my opinion
Yea, but we are not talking about online/cloud mining to be precise and you shouldn't use cloud mining as a source to earn money, because it takes forever to return your investment and then the earning is too small for the effort you gave to manage.yes you are right, if you want to mine cryptocurrency then cloud mining is better because using a cryptocurrency hardware takes too much electricity and you will not earn that much profit.
I think trading is better. Mining takes a lot of capital, to set up a mining rig.
Trading affords you the option of starting small and growing gradually.
Trading affords you the option of starting small and growing gradually.
Trading is better on currency circumstances because the rates are too low and power consumption is high so mining will not be profitable.
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.
because it is close to electricity and wifi signal,
I've learned the dangers of electrical radiation and Wi-Fi signal radiation,
I think trading is getting stronger nowadays, especially when the price is high and many investors are buying, it's time to repeat the bitcoin encrease again and again.
if you are mining offline it will certainly be difficult to use it you need tools for mining, computers with high specifications, electricity, rooms and so on, but you can get around it with online mining but it will be risky of course, trading will be the best choice in my opinion
Yea, but we are not talking about online/cloud mining to be precise and you shouldn't use cloud mining as a source to earn money, because it takes forever to return your investment and then the earning is too small for the effort you gave to manage.yes you are right, if you want to mine cryptocurrency then cloud mining is better because using a cryptocurrency hardware takes too much electricity and you will not earn that much profit.
if you are mining offline it will certainly be difficult to use it you need tools for mining, computers with high specifications, electricity, rooms and so on, but you can get around it with online mining but it will be risky of course, trading will be the best choice in my opinion
Yea, but we are not talking about online/cloud mining to be precise and you shouldn't use cloud mining as a source to earn money, because it takes forever to return your investment and then the earning is too small for the effort you gave to manage. 
I will do it trading because if I do mining the cost will take a lot. We need to cover fees for maintenance, electrical energy. In my country, Electrical energy is very expensive.
For me I also prefer trading because I can trade even my capital is small than in mining that you really need to have a money to buy those things you can use for mining .
for now it seems like I prefer to trade than mining because when I trade I can get profit without having to spend money to pay electricity and get dizzy to be able to get bitcoin because I am aware of the difficulty of algorithms for bitcoin mining is always improved and will be increasingly difficult and increasingly a little to get bitcoin.
Mining today will be only profitable if the country you are in has a low electricity consumption rate which will give you more profit.
for now it seems like I prefer to trade than mining because when I trade I can get profit without having to spend money to pay electricity and get dizzy to be able to get bitcoin because I am aware of the difficulty of algorithms for bitcoin mining is always improved and will be increasingly difficult and increasingly a little to get bitcoin.
Both of these. Mining is a safe way to earn stable profit, then I will go to trade, if I win a big money enough, comeback to buy more miner.
Mining isn't easy to do. You need to prepare lots of thing first (I mean a lot) like costs of electricity and such. You can't just buy miner and then do nothing, mining is a tough task to do and at least you have to know the mechanism when doing it.
With market conditions that continue to decline as it is now, trading is more profitable than mining, especially at this time to mining a very high level of difficulty because all miners compete to get bitcoin, this is what makes the pool dry immediately and have to find a new pool and of course this need patience.
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.
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