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Topic: Trading VS Bitcoin! - page 36. (Read 59047 times)

sr. member
Activity: 1400
Merit: 269
May 04, 2017, 09:15:32 PM
Definitely trading but it also involves some risk especially when you dont know anything about it you might get scam by some scam coins so i suggest you do some research about it first.
Mining bitcoin has it's pro and cons also that's why before investing lots of money into it you should atleast has some knowledge about it.
legendary
Activity: 3234
Merit: 1214
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May 04, 2017, 09:00:24 PM
If you already have miner, mining is still profitable and ofcourse you have to upgrade your miner for current and next difficulty . However trading also good source of income, but you play with risk. You have to control your mindset and greedy
That's true. Without sound knowledge involving into trading activities is quite like a game in which we expect luck to stand on our side and profit us. Mining is effective way of earning depending on the investment affordable as well electricity consumption. Day by day advancement in technology​i s happening to which our equipment needs to support.
hero member
Activity: 658
Merit: 500
May 04, 2017, 07:11:53 PM
If you already have miner, mining is still profitable and ofcourse you have to upgrade your miner for current and next difficulty . However trading also good source of income, but you play with risk. You have to control your mindset and greedy
hero member
Activity: 3024
Merit: 745
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May 04, 2017, 04:03:50 PM
Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.
Yes unlike mining, we can expect bitcoin trading will be profitable forever even in the future too. I do believe once we learn bitcoin trading then it would be supportive for a living until end of our life.

But mining on the other hand, will not be profitable even for 10 months given to some big mining power, when difficulty increases we need to increase our mining power so that we can maintain same level of profits. I do see some people are re-investing some of their profits from mining for maintaining their hash power competitive all the times so that I guess they will be making profits continuously even with bitcoin mining.

It is profitable for those people that are already mining bitcoin. But for those people that wants to mine bitcoin for the first time, it is not going to be profitable. The ROI will be long time before you can get the return. Trading is a career, if you will get serious in it, that can be your tool to earn. It's up to you if you want to do it until you become old or not.
legendary
Activity: 938
Merit: 1002
May 04, 2017, 12:34:13 PM
Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.
Yes unlike mining, we can expect bitcoin trading will be profitable forever even in the future too. I do believe once we learn bitcoin trading then it would be supportive for a living until end of our life.

But mining on the other hand, will not be profitable even for 10 months given to some big mining power, when difficulty increases we need to increase our mining power so that we can maintain same level of profits. I do see some people are re-investing some of their profits from mining for maintaining their hash power competitive all the times so that I guess they will be making profits continuously even with bitcoin mining.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
May 04, 2017, 10:33:15 AM
Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.
sr. member
Activity: 287
Merit: 250
May 04, 2017, 12:28:59 AM
Trading is now best way because the price of bitcoin is increasing day by day
That is ok if you always trade the good coin or coin which is increasing its value daily. But in bitcoin you can not earn profit now because value of bitcoin is continuous increasing and you do not like to buy at the current price due to high value of bitcoin now.
You need to be tolerant and already forget about the excess profits on trade when you earn on the difference in the price of Bitcoin. It used to be strong leaps and differences in the pricing of the crypto currency, so there was an opportunity to buy cheap and sell expensive. Today this is not observed, So you need to be patient.
sr. member
Activity: 532
Merit: 280
May 03, 2017, 08:23:09 AM
Trading is now best way because the price of bitcoin is increasing day by day
That is ok if you always trade the good coin or coin which is increasing its value daily. But in bitcoin you can not earn profit now because value of bitcoin is continuous increasing and you do not like to buy at the current price due to high value of bitcoin now.
legendary
Activity: 1862
Merit: 1004
May 03, 2017, 07:31:05 AM
Trading is now best way because the price of bitcoin is increasing day by day
So selling might BTC be profitable, buying not so much. I would rather avoid joining the hype and buy now just to catch a rising wave.
I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin
From my experience and the stories miners shared over years I can tell you that the best option would always be simply purchasing coins - not mining them.
At least that was 100% accurate in case of bitcoin mining.
sr. member
Activity: 1750
Merit: 267
May 03, 2017, 06:08:49 AM
Trading is now best way because the price of bitcoin is increasing day by day
full member
Activity: 196
Merit: 100
May 02, 2017, 12:10:01 PM
I really think that there is nothing better than trading, because holding bitcoin does not require any kind of skills.
All you have to know, is how to buy and transfer the BTC, and obviously how the basics of the blockchain work. You dont need any other knowledge about it, to invest into BTC (e.g buy 1.0 btc for a long-term)

The case is totally different if you are going to trade, and it does not matter if it is forex trading, stock market or even altcoin trading. All of that may give great opportunities for an experienced trader, but it is a very hard task to be successful on a longer term with trading. WIthout a proper education about the market you are trading, there is no chance to make a good, constant growth on your balance.

Yes, without experience and constant training, it makes no sense to go into trade. Trade is a way to increase the assets. So it is very important. Just keeping bitcoin is beneficial, but this will not increase the number of coins
hero member
Activity: 1526
Merit: 596
May 01, 2017, 04:07:07 PM
I really think that there is nothing better than trading, because holding bitcoin does not require any kind of skills.
All you have to know, is how to buy and transfer the BTC, and obviously how the basics of the blockchain work. You dont need any other knowledge about it, to invest into BTC (e.g buy 1.0 btc for a long-term)

The case is totally different if you are going to trade, and it does not matter if it is forex trading, stock market or even altcoin trading. All of that may give great opportunities for an experienced trader, but it is a very hard task to be successful on a longer term with trading. WIthout a proper education about the market you are trading, there is no chance to make a good, constant growth on your balance.
sr. member
Activity: 256
Merit: 250
April 28, 2017, 11:58:57 AM
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin
hero member
Activity: 3080
Merit: 603
April 27, 2017, 03:58:18 AM
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.
hero member
Activity: 3024
Merit: 680
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April 27, 2017, 02:34:05 AM
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

It's more profitable now to do mining of alt coins because the difficulty of mining bitcoin has increased because of the halving and it is going to keep on increasing for the next halving to come. Right now the price of bitcoin is increasing and it's now a good chance for you to buy some alt coins as most of them are into low state.
sr. member
Activity: 406
Merit: 250
April 26, 2017, 09:09:34 PM
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.
hero member
Activity: 3080
Merit: 603
April 26, 2017, 05:02:54 PM
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.

Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
hero member
Activity: 1008
Merit: 531
April 26, 2017, 04:35:10 PM
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets.
Another benefit of bitcoin is that you can begin to trade with sums of money that are ridiculous low compared to what you will need in forex, in forex you need at least a few hundred dollars and probably you need more than that a few thousands, but in bitcoin you can begin trading with very few dollars.
The exactly same thing is about investing through some brokers on stock market, or even forex. You usually need big amounts of money to just start trading.
There are only few places when you are able to start with as much as 20$ on forex, and there is totally no point in going on stock markets with that amount.

Cryptocurrencies basically provide you a way to start trading on really small positions without any big risk that you will lose big part of your money:as it is with margin call.
hero member
Activity: 1092
Merit: 501
April 25, 2017, 08:01:35 PM
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets.
Another benefit of bitcoin is that you can begin to trade with sums of money that are ridiculous low compared to what you will need in forex, in forex you need at least a few hundred dollars and probably you need more than that a few thousands, but in bitcoin you can begin trading with very few dollars.
legendary
Activity: 3136
Merit: 1172
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April 25, 2017, 11:43:29 AM
Will actually both is profitable
It only depends when you actually know what you're doing
If you have some skills in trading then you can gain great profit from it
And if you're good in the technical stuffs then go try mining.


So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it.  On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.
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