Right now I think trading would be more profitable than mining ,Just choose the right coin or the best coin that you think would increase it's price.
At a time when the price is unstable like this it might be better to just invest in the available alcoin which will bring up the possibility that we have a big profit later on
Trading is much more profitable than mining, unless you have access to incredibly cheap electricity - then you will get plenty of profit to pay fees. Otherwise, it's just not worth to try mining.
And i don't think that investing in altcoins is a good idea as sometimes they crash when bitcoin crashes, and it's simply risky to buy some right now, so if i were you i would simply save them.
Everyone always thinks that they are enough to play safe on altcoin, but different and daring thoughts to invest in large quantities may be the step of a successful investment. And that also requires a cool fund and can be stored in the long term
But altcoin trading for me is much more unpredictable than bitcoin. If you heard about "Pump and Dump" so I'm pretty sure you know what I'm talking about. The risk is higher with altcoin for me, that's why I don't delve much on altcoin trading. I would rather see bitcoin dip in price because I know that it can recover, while on altcoin when the price drop, you need to exit otherwise you will be trap and possibly lost your investment.
Well, for me, personally, I think mining is not really worth it. I would rather go into trading. It depends though if you really are kind of rich already that you can devote a huge amount of money for your BTC mining then go ahead. As for me, I'd rather study and read some worthy TAs and news for monitoring purposes, and jump ahead buy some coins with my BTC and trade. In trading, the bigger the investment the larger the profit. Just the same right? Less the risk of course.
Of course risk is always there, that's why you have to learn how to mitigate it and sometimes exploit the current situation. A good example is when the price of bitcoin goes around $1800 and people are still not buying and thinking it will go down to $1500, then boom, the next day the price soar to $2800. If you bought it at ~$1900 and sold at $2800 immediate profit. Easy as that.
