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Topic: Trading or mining? - page 34. (Read 4807 times)

sr. member
Activity: 659
Merit: 250
August 01, 2018, 11:15:40 AM
#65

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.
First you can buy some rigs, do not go with mining farm if you don't know it, try it if you can handle it at the same time in investment. You can earn a good amount of money in profits and can bring back your capital fast so within 1 year let we say you already earn a cahsback from your mining business. While mining you don't have to monitor it the whole day you can do trade or invest in good coins. Both is good but you have to be knowledgeable about the possible problems and of course your availability.
newbie
Activity: 168
Merit: 0
August 01, 2018, 11:02:20 AM
#64
I think trading is more profitable in comparison with mine, the current market is good and very appropriate to trade because mining also needs a large capital. trade better and benefit.
jr. member
Activity: 44
Merit: 10
August 01, 2018, 10:57:57 AM
#63
It is still profitable but not that profitable compare to last year's mining incomes,i do have 1080ti and rx rigs which has given me a lot of profit last year but today bitcoin is being regulated by those financial institutions which is why its value is getting more sideways than going up probably because last december the giants has bought enough supply of bitcoin to control the market but i do prefer trading than mining as of now because i do have mining farm as well as alt holdings.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 01, 2018, 10:54:02 AM
#62
That depends on various factors. Mining is hugely profitable if you have low cost over the electricity or have almost free electricity by using solar energies etc. It is calculated that if you get free of charge electricity then you may end up having 50% more returns over your mining. However, trading on the other hand can be tricky, but still lot of profits can be earned if played safe. Basically both are good and it’s upto you how you play it.
That's right, there's always an advantage coming from both venue, it's needed to consider things that affects the profitability measures, if you have a good knowledge regarding to mining and you know which coins to mine aside from bitcoin that can bring you good earnings plus the fact of having low electricity bills, then you can proceed and continue from this venture, while in terms of trading chances to grow your investment in much lesser time can be possible if you are more familiar with this business, in the end of the day you just need to analyze well and think twice before taking any actions.
newbie
Activity: 196
Merit: 0
August 01, 2018, 10:52:04 AM
#61
if you want to get profit fast you should trade, mining must have big enough capital. better trade.
full member
Activity: 504
Merit: 101
August 01, 2018, 10:45:21 AM
#60
If you already have a lot of capital may do the mining including the right step because in the affairs of income-seeking tend to be greater so that the economy becomes more helped by trying to be patient when the exchange rate has not shown an increase in order to avoid the occurrence of losses.
newbie
Activity: 84
Merit: 0
August 01, 2018, 06:02:14 AM
#59
It depends where you're from though, for example, you might want
to consider the electric fee and mining hardware/tools.
full member
Activity: 308
Merit: 100
August 01, 2018, 05:45:30 AM
#58
Mining gives you some kind of stable income. Trading, especailly day-trading, is a lottery. You can make x2 or x0 =)
I recommend mining+hodling
sr. member
Activity: 700
Merit: 300
August 01, 2018, 05:44:50 AM
#57
That depends on various factors. Mining is hugely profitable if you have low cost over the electricity or have almost free electricity by using solar energies etc. It is calculated that if you get free of charge electricity then you may end up having 50% more returns over your mining. However, trading on the other hand can be tricky, but still lot of profits can be earned if played safe. Basically both are good and it’s upto you how you play it.
newbie
Activity: 182
Merit: 0
August 01, 2018, 05:34:05 AM
#56
The choice between trading and mining you will choose how to earn coins? If you have the time and the conditions of free time you can dig up the mine so that you can earn coins free of charge.
member
Activity: 322
Merit: 12
August 01, 2018, 05:06:28 AM
#55
Yes I think this time a little better because Bitcoin shows the potential price today and more and more coffers that make Bitcoin prices continue to increase. If we can afford it all then we can mine. On the other hand if we want to make sure Bitcoin buy profit and hold.
jr. member
Activity: 30
Merit: 2
August 01, 2018, 03:51:33 AM
#54
At present, the investment in bitcoin exchange can be considered as the best because currently, the number of bitcoin in the market is meager, only the number of nearly 5 million coins, so the algorithm to solve the problem. Being bitcoin is very hard, you need powerful diggers, not to mention the power consumption of the mining machines is enormous. You have to invest in bitcoin mining with a considerable amount of money.
member
Activity: 336
Merit: 10
August 01, 2018, 03:23:32 AM
#53

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 believe that at this time you should only trade to be able to minimize the risk that bitcoin prices are fluctuating continuously and is continuously reduced. If you are mining, you will have to invest a large initial capital and the cost of digging bitcoin is also very expensive. While bitcoin prices are in a down cycle so it is very risky. Bitcoin prices continue to fall sharply and can not recover.
sr. member
Activity: 742
Merit: 397
August 01, 2018, 03:18:01 AM
#52

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.


Mining is an easier way to earn but it would take a lot of time and you would be needing to spend just to set it accurately. As for now , I find trading more convenient for me because it fits my capability and skills. I would love to do trading and I'm still willing to learn more.
sr. member
Activity: 728
Merit: 275
August 01, 2018, 03:14:08 AM
#51

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.
Some may find trading profitable and some will find mining profitable. So it completely depends on you. Both trading and mining have different requirements; you should see which suits you the most. For mining you need to have a lot of capital, continuous supply of electricity, mining hardware. For trading, you need to have a lot of knowledge about the market and techniques like how to study charts, technical analysis, etc.
newbie
Activity: 182
Merit: 0
July 29, 2018, 10:32:24 PM
#50
Trading and mining will have strengths and weaknesses you can have options that are appropriate for yourself as well as you should trade over mine, mine mining for me to think for students. If you have financial conditions you should invest
full member
Activity: 588
Merit: 100
July 29, 2018, 09:48:40 PM
#49
Iam interesting with crypto mining but currently i dont have times to learn it more. Mining look more difficult and complicated than trading, but mining look like more profitable. Currently iam more focus in trading but later i will spend times also to learn more about mining.
full member
Activity: 336
Merit: 100
July 29, 2018, 08:49:16 PM
#48
if I have a lot of money that can be spelled free money or more money I better to trade, right now I think investing more attractive than the mining not to mention the cost to be spent on mining is not a bit, electricity is used any not small, will add a lot of cost.
Trading requires skills and practice to know the entry and exit points and one cannot simply think that bitcoin or whichever coin you select is going to rise in a straight upward climb, there will be twist in the road. Mining are much expensive to do so. It requires powerful computer accessories to resist against heat and other factors affects along its operation.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
July 29, 2018, 08:23:23 PM
#47

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.

For people who have knowledge and big fund, mining is the best option but for people with small fund and knowledge trading is more realistic. Mining not easy and need hard work about equipment/ tools and electric supply. Decides your aim, get enough fund to start and always learn about technology and strategy. There's future and you can reach it, be sure.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
July 29, 2018, 07:59:43 PM
#46

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 , since mining is also profitable but we need to keep in mind very well with the perfect descion whether we should go with which particular coin mining and also we need to find out that whether your electricity costs is very high or low then your mined coins from.your miners and also you need to keep in your mind that the climate where you are living is better or not that remain in favour of the cryptocurrency mining hardware .
Here my recommendation for you is that don't always think that trading will not Result into profit because , trading is the principle way of making earnings in cryptourrency market , so better to do work in trading also with mining .
Both of them are risky but if you will keep patience then surely with Time you will make profit .
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