Topic: Trading or mining? - page 36. (Read 4807 times)
For me, Trading is much easier and comfortable in comparison to mining. I think Mining is a profitable platform but it requires a lot of risks. on the other hand, trading is the most profitable system if you are able to manage properly. So I always prefer to invest money in trading rather than 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.
Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
it seems that the appearance of a new coin has a great impact on bitcoin prices, as some countries try to make the new virtual currency much out of bitcoin like china trying to make a new currency so that big investors move from bitcoin, South Korea is writing the middle to run the trade virtual money in the last week. This keeps the bitcoin price and the number of other virtual currencies plummeting dramatically. What is the reason for lowering the price of Bitcoin?
Both are good to be in, as long as you have enough knowledge and money to invest in both. If you want to be in mining well ofcourse easy money but big investment from the electricity bill, high tech computer,mining rig,etc. If you can afford it all then you can mine while in a farm house. On the other side if you want to get sure profit buy btc or eth and hold it.
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 have do trading, but i alway lost 
I want find some good business to mining
I want find some good business to mining
Trading is fun if you can control your emotions from panic selling. Panic selling has made a big negative view to trading, because when those who has no trading strategy see's a little drop in the price of coins they possess, they panic and sell, thinking not to loss much, whereas they've lost almost everything.
You need to have a good business plan before venturing into mining if you don't want to lose your money. I think trading is less risky and it will be better than mining but the decision stoic lies in your hand .
since when trading is 'less risky' compared to mining ?
as we can see,if you are investing your money into it(cryptocurrency) without doing a proper research,there will be 2 thing that will happen to you.
1.you get a lot of profit because they are pumping it
2.you lost it all in a second,because they are dumping it.
in other words,trading is much more risky compared to mining,because mining is like an investment.
right now you are mining x COIN,after a few years its price increases.because of that you get profit from it.
conclusion,mining is good.trading is good.
it's all about your strategy,which one is suit you well ? and which one is not.
make your own strategy and believe it.
Not really that I know much about mining, but, I know its expensive to keep up/maintain. There has to be a constant electricity supply to keep up with the mining, which means there will be high electricity bill to be payed. Trading is light, simple, does not need excessive electrical supply nor some big mining devices.
i have do trading, but i alway lost
I want find some good business to mining
I want find some good business to mining
You need to have a good business plan before venturing into mining if you don't want to lose your money. I think trading is less risky and it will be better than mining but the decision stoic lies in your hand .
with mining you have to buy super computer system and when you mining you will gets btc or eth or which coin you mining but your profit depend on the price of your coin and after 2-3 year you have to upgrate your system to it can better mining,with this price btc:8000 usd i think you will gets profit but trading you have to knowedge to trade,it is not only buy low sell hight,it is difficult to tale profit,there are many people come in and come out crypto market because they loss all money,if you have money you should invest super computer systen to take profit
As it is, it is obvious mining is not for everyone as it pays those who are coming to the space with some capital to buy some miners and look at the long term or those who have been in the mining space since the early days of using PC which we also have to consider that it pays to mine in some countries than the others.
However, when it comes to trading, everyone can learn and be a part of it, if they really want to. The only issue here is that without enough knowledge, it always result into failure anyway. Mining also requires great deal of knowledge as well so you do not end up with a less efficient miners or mining what could not end up profitable in the long run.
In summary, both depends on every individual and their capacity but it is best to know what you are getting into in any of them before embarking.
However, when it comes to trading, everyone can learn and be a part of it, if they really want to. The only issue here is that without enough knowledge, it always result into failure anyway. Mining also requires great deal of knowledge as well so you do not end up with a less efficient miners or mining what could not end up profitable in the long run.
In summary, both depends on every individual and their capacity but it is best to know what you are getting into in any of them before embarking.
I think mining is a bit expensive and you need to consider the capital, the electricity bill, the heat, the noise and the maintenance fee, for me I prefer to trade, I can earn more from trading when I already got the skill and the experience, and you can learn more and able to expand your knowledge about alt coins, so I prefer the idea of trading than mining
in my opinion trading is a better choice than mining, because many considerations are made if mining, such as operating costs and costs in case of damage to mining tools, while trading consideration only loss
Mining for me is not profitable if your country have a high electricity cost. in my opinion you can go for trading because you can earn a lot by buying a coin in a low price and hold it. Sell it for your desire price.
mining is time west job I think, trading is best I trading 2017 in all profit is 5000$ is best trader
Trading is far better than mining, Doing trading you can expect 10x like profit but in mining you cannot expect
this kind of profit. In 3 month period I converted 130$ into 3000$ through trading. Through mining you can expect only return of your investment in 3 months so my suggestion is trading is better than mining.
this kind of profit. In 3 month period I converted 130$ into 3000$ through trading. Through mining you can expect only return of your investment in 3 months so my suggestion is trading is better than mining.
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 more rely on the knowledge you have about TA analysis and fundamentals analysis while mining you can start with your capital to make rig and produce coin
trading provides greater profit in comparison with mining due to some advantages that is not too large capital and profit is not limited but the risk is also very large
if mining requires a large enough capital due to the amount of capital affect the results obtained as well
for mining risk is in the rig section that requires routine maintance and damaged rigs, the age of the rig and the price of the mined coin
whichever is the better it is you who decide which one prefer and match with which and better the mining and trading to maximize your income
trading provides greater profit in comparison with mining due to some advantages that is not too large capital and profit is not limited but the risk is also very large
if mining requires a large enough capital due to the amount of capital affect the results obtained as well
for mining risk is in the rig section that requires routine maintance and damaged rigs, the age of the rig and the price of the mined coin
whichever is the better it is you who decide which one prefer and match with which and better the mining and trading to maximize your income
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.
Jump to: