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Topic: Trading VS Bitcoin! - page 34. (Read 59004 times)

sr. member
Activity: 532
Merit: 280
May 26, 2017, 10:41:41 PM
If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.
That was nice that you get your roi in only 3 months and you only used is your gaming pc. And i think the valur or rate of the electricity in your country is very cheap. I will recommend to you that you to build mining with own rig to make your earning much faster at your current earnings.
As a individual i do not think it is ideal to make or build a mining site it is too expensive and right now bitcoin value is too high its hard to mine if you do not have quality rig miner. I think much better to stay in what he did because as he say that the roi is already get with 25% profit i think his next mine is all profit already.
hero member
Activity: 714
Merit: 531
May 26, 2017, 07:41:08 PM
If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.
That was nice that you get your roi in only 3 months and you only used is your gaming pc. And i think the valur or rate of the electricity in your country is very cheap. I will recommend to you that you to build mining with own rig to make your earning much faster at your current earnings.
sr. member
Activity: 1050
Merit: 277
May 26, 2017, 06:42:09 PM
If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.
hero member
Activity: 812
Merit: 500
May 24, 2017, 08:17:16 AM
I think you should try to do altcoin trading. In profit wise, trading is good and in altcoin trading everyone could earn it, even you could use a little capital in it and earn money in everyday. But it is depend on you, if you have skill than definitely you will be succeed in altcoin trading. Otherwise in my view, mining it is not profitable than trading.
hero member
Activity: 966
Merit: 507
May 23, 2017, 07:10:02 PM
Mining can be profitable if you have the enough capital to invest huge, and this condition makes this option unsuitable for most people. But fortunately the altcoin trading is a great option for all investors with the enough patience to learn how to do it properly, regardless of their financial possibilities.
hero member
Activity: 3136
Merit: 591
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May 23, 2017, 06:51:09 PM
If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.
sr. member
Activity: 1050
Merit: 277
May 23, 2017, 06:49:58 PM
If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.
hero member
Activity: 1274
Merit: 513
May 23, 2017, 05:05:33 PM
I think both is good . Because trading bitcoin like holding this for few years make a lot of profit . Mining also is good can give you a lot of money but you need to buy equipment like miner, ventilations, and computer and etc to become successful to mine. And I think mining is porfitable to the country the cost  of electricity is cheap . Because if you country have expensive electricity I suggest to you dont minr buy bitcoin only like my country The electricity expensive so its not porfitable to mine here.
sr. member
Activity: 392
Merit: 250
Dijual
May 23, 2017, 12:31:07 PM
Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
I agree , having a mining rig is not a cheap way of earning bitcoin. It has some requirements first before you can start your own bitcoin mining farm. You need to have cheap electric bills inorder to gain more profit in your mining experience. Electric bills is a big deal when it comes to bitcoin mining.

Well it is not easy to build computers for mining. Certain knowledge and arrangement of ur system has to be perpared and you have to have maintainance everytime cause it can be annoying sometimes if a long time has passed. Electricity bill can be dealt with i assume.
legendary
Activity: 2492
Merit: 1145
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May 21, 2017, 02:47:35 PM
Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
I agree , having a mining rig is not a cheap way of earning bitcoin. It has some requirements first before you can start your own bitcoin mining farm. You need to have cheap electric bills inorder to gain more profit in your mining experience. Electric bills is a big deal when it comes to bitcoin mining.
hero member
Activity: 3024
Merit: 745
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May 18, 2017, 03:27:11 PM
Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
legendary
Activity: 1596
Merit: 1005
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May 18, 2017, 02:33:17 PM
Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
Mining bitcoin is not longer possible for ordinary Joe, serious mining is game of millions, 51% of total hash power is controlled by just five mining pools.
Buying BTC and trading is very much possible but it is nor necessary. If you don't need fast money then the simplest and the most effective way is buy and hold.
With every passing year bitcoin is growing, adoption rising, value increasing - that trend won't change, even despite serious scaling issues.
newbie
Activity: 42
Merit: 0
May 18, 2017, 08:55:38 AM
Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
legendary
Activity: 1302
Merit: 1000
May 18, 2017, 05:23:38 AM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
We can compare trading and mining of alt coins,why? Because nowadays it is not profitable anymore to do mining of bitcoins and even you habe mining rig, you will mostly get a high cost of electricity and the return is not that too high. If I were you just forget about mining of btc.

Yes, the difficulty keeps rising so it is a waste for mining bitcoins. The cost of electricity is also increasing so it is better to go with altcoin trading, where we can make a little profit with the investment we made. Right now bitcoin investment is also risky because the price is kept increasing.
hero member
Activity: 3080
Merit: 603
May 18, 2017, 01:14:24 AM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
We can compare trading and mining of alt coins,why? Because nowadays it is not profitable anymore to do mining of bitcoins and even you habe mining rig, you will mostly get a high cost of electricity and the return is not that too high. If I were you just forget about mining of btc.
hero member
Activity: 658
Merit: 500
May 17, 2017, 05:13:39 PM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
Mining is easy and with no lose if the person is able to buy the mining equipment and if the person have some free electricity then he is more beneficial in that field while it is true that trading is risk but if a person know about trade then he can earn even more higher than mining without any risk.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
May 17, 2017, 04:13:52 PM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
hero member
Activity: 3080
Merit: 603
May 17, 2017, 03:58:46 PM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
May 17, 2017, 11:36:04 AM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.
and still possible to increase again because most people predict the price will reach to $2000 even i'm still doubt about their predictions but indeed trading bitcoin will very much profitable and if OP had any plan with buying bitcoin and hold at least for next several months probably he would get huge profit

Why do doubt? Bitcoins price is $1800+ so $2k is not that far. you just said that keeping bitcoin for several months will indeed produce huge profit. doesn't that mean you believe bitcoin will increase a decent price in just a couple of months. i believe without a doubt that it can reach $2K this year.
Well, if you invested on bitcoin trading can help you increase your funds. in mining it depends on the electricity rate if its low mining will be better than trading because of low risk. anyways this thread has a misleading topic. read the op

Hi Folks!


Who do you think is profitable Trading bitcoins for other payment method or mining them?

Everybody feel free to reply you're free  Smiley
 
full member
Activity: 224
Merit: 100
May 17, 2017, 09:48:50 AM
Bitcoin is more easy to get profit, cause of the high price i think.., it could be more expensive.. Cool
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