Topic: Trading or mining? - page 26. (Read 4807 times)
I don't know anything about mining and I won't try it because it requires a lot of capital, it's better to trade because it's more fun and profitable for many people
trading is more risky but mining requires large capital to be able to walk. I prefer trading with small capital so that I can get maximum profit and avoid losses. So when the capital you have is not large, choosing trading is a good choice.
If there is money to invest, mining will be an option not bad. My country lives relatively cheap electricity prices, benefits are not lower than trading.
You better know the aspects of mining, that is great. Mostly people want to start mining as they get it through general aspect and that doesn’t let them go deep in facts that are needed. For mining, every other thing just works fine except electricity. As systems must be strong and they should be running for whole day and consuming extra power, so cheap electricity must be provided.Electricity has been the most common problem in mining, and miners prefer to build a rig in a country who has cheap electricity, and Georgia was the most preferd country.
These days mining Bitcoin is almost an unprofitable method of investment, not unless if you have a really huge mining farm. Another problem in todays mining, is the level of difficulty to mine everybit of Bitcoin as there are only 21million supplies and there are 17million circulating supplies in the market already.
Best option for the OP is to do trading. Although it is more riskier than mining, but it can make good returns than mining.
Mining also needs a lot of initial investments: you have to buy the equipment to mine the crypto, and this stuff is very expensive. However, here, you can get stable rewards.
more relaxed and profitable to mine if you have a lot of capital and also your time to spare if mining.
Although this is quite easy and interesting to mine bitcoin or any other coin, but the only problem comes when you talk about resources. Mostly people are much interested to learn bitcoin mining but soon when they start knowing basics of mining, they usually get their heads off the mark. This is quite disturbing when they see such high values of capital required for mining. 
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.
It depends on what country you live in because if you live in Asian countries then you must think twice before you put up. We all know how expensive our electric bill and by putting up a mining farm will cost you a fortune. So yeah you'll be able to mine but surely it will just go to your bills and maintenance. So you're more likely working for nothing because at the end of the day it will be useless. Just learn how to trade and embrace it and you'll see it make sense after all.
more relaxed and profitable to mine if you have a lot of capital and also your time to spare if mining.
both of these do have a big risk, but there is a difference between the two. 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.
and also we have to calculate about depreciation value of our graphic proccesing unit.in mining investment it calculated as cost.meanwhile in trading there is no cost like this. 
If there is money to invest, mining will be an option not bad. My country lives relatively cheap electricity prices, benefits are not lower than trading.
Mining costs a lot due to high charges of electricity but this is considered in many countries and I came to know that somewhere electricity is cheap and mining there has enough profit greater than countries where there electricity has high charges. Trading has nothing related to electricity like mining so we can do that smoothly without any complications like mining where electricity is concerned.
both of these do have a big risk, but there is a difference between the two. 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 think it would be more profitable to trade than mining, but if you trade you have to have a lot of time each day, if you don't have much time to mine.
mining requires large capital, if you start mining with a small capital it will only waste time, because before mining you have to think about the monthly electricity costs that you have to pay, my friend also suggests that, so if your capital is only a little advice I am trading compared to mining
That is why we have never heard anyone claiming that he has become very rich with the help of mining while there are traders who got handsome amount with the help of trading. To be very honest, joining some signature campaign is far better than mining because at least it does not demand any investment and produces good earning too.
Mining and trading are two activities for you to get bitcoin and mining will help you get bitcoin free from your mining process and also you will lose money to buy coin but when selling you will be profitable if the market is good
I never think about mining because it is not profitable for a small investment, for that, we need larger hardware equipment in order to mature the coins. I hope instead of mining, trading is the best option for the people who have very little money.
Choosing any of them is related to total market cap of cryptocurrencies , If the price of bitcoin goes below 5000$ it wouldn't be profitable to mine it unless you can get almost free electricity , even if you can get that power still you need to mine for one year 24 hours a day to make the first capital of one s9 miner , I don't understand why the difficulty of bitcoin doesn't change even when the price is falling!
Seems like some big miners want to make it monopoly and take its control!
Seems like some big miners want to make it monopoly and take its control!
I would say that mining is less risky than trading, but by successfully trading you can earn more money than just mining any coins
Well that depends upon the cost of mining and the type of coin you are trading. It the cost of mining is low as compared to the gain in the return that you will get later upon selling the coin, you are well off mining. However if the trading a coin is good in maximizing your stock of money, it is good to trade then. Right now, I am not in favor of trading because of the down price which give away low price. I would rather hodl right now and trade when the market price rise.
I prefer trading, because with trading if you get lucky or make a precise prediction you'll earn big in a short time. With mining can get a sustained earning but considering the initial investment as well the electricity consumption what we earn at the end is simply very low than what an expert earns through trading.
Its good if you're good at trading. Mining and the cost of electricity or power is depending on ypur coubtry until this moment if you're not sure if you will going to earn from your mining then its good to stop than to pay higher bills than the amount you mined. It was a choice whereas you need to consider the profits that you may get and if it was applicable to your country.
Depends on what you're good at. I think we should try both. I like to trade on the stock exchange because I need more time and knowledge for mining.
I prefer trading, because with trading if you get lucky or make a precise prediction you'll earn big in a short time. With mining can get a sustained earning but considering the initial investment as well the electricity consumption what we earn at the end is simply very low than what an expert earns through trading.
mining the New altcoin now. Its the good choices.
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 begin mining, you have a guarenteed income, however little… Trading takes skill and luck
However, mining will inevitably lead to some level of trading
Jump to: