Trading VS Bitcoin! - page 41. | Bitcointalksearch.org

Labumi

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Quote from: tabas on April 01, 2017, 03:54:54 PM

Quote from: Hazir on April 01, 2017, 03:19:50 PM

Mining is like work, you are slowly but inevitably getting money from it.
It is rather safe, considering that hashing difficulty and price of the coin you are mining are staying on the same level.

Trading is almost like gambling sometimes, it is elaborate guessing.
You need to realize that when you are trading there are people who lose and gain money at the same time.
It is far easier to find yourself in this second group.

Mining nowadays is not the same with the old times because the difficulty has increased and I don't think it will be easy to earn with it. So I want to suggest just go with trading because it's more reliable and you don't have to spend and think about of solution with the high consumption of electricity of your rig.

A very wise idea. Because with the only trade we can get and such by using bitcoin trade. And also I'm sure the advantages it brings far more than do the mining, because trading only requires skill and also internet connection. While mining requires complex things, ranging from skill, money, power, place, etc. So, it would be much more efficient and effective use of trading to earn a lot of money

iqlimasyadiqa

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Quote from: marseille on March 26, 2017, 07:44:41 PM

Quote from: SvenBomvolen on March 26, 2017, 12:00:58 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.

Even if you have capital to buy equipment still there will much more that will depend on the cost of electricity and if electricity cost is cheaper then you can afford to invest in buying equipment and if not better switch your investment towards trading from where you can expect good profits too.

nothing is easy in the world of bitcoin. Sure there are advantages and disadvantages in each job. we have to do is keep trying to focus and meticulous in performing various actions crucial. because the focus we can get satisfactory results.

Marma Kalari

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Quote from: Hazir on April 01, 2017, 03:19:50 PM

Mining is like work, you are slowly but inevitably getting money from it.
It is rather safe, considering that hashing difficulty and price of the coin you are mining are staying on the same level.
Trading is almost like gambling sometimes, it is elaborate guessing.
You need to realize that when you are trading there are people who lose and gain money at the same time.
It is far easier to find yourself in this second group.

I would not rather spend money for investing in mining hardware because it is a big waste of money if you are planning to invest now,the energy consumption is another factor and the electronic waste you will be accumulating if that hardware becomes obsolete ,i would rather invest those into trading and will accumulate a higher return than with mining .

Qinetik

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Quote from: raven7886 on April 02, 2017, 12:56:55 AM

Quote from: tabas on April 01, 2017, 03:54:54 PM

Mining nowadays is not the same with the old times because the difficulty has increased and I don't think it will be easy to earn with it. So I want to suggest just go with trading because it's more reliable and you don't have to spend and think about of solution with the high consumption of electricity of your rig.

Yes compared to bitcoin mining, bitcoin trading is the very much better option for anyone to go with. Usually I do prefer money making opportunities without initial setup cost but I'm ready to put whatever efforts it will require. This way trading just needs my dedication but never the big capital.

Just with 0.05 bitcoin as trading capital, I'm able to make some decent profits every day. I do trade both bitcoin and altcoin trading, even I do face some losses, I'm able to finish my day in profits almost every day.

The miners can be screwed up by the developers. I think some developers said they will change the PoW.

raven7886

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Quote from: tabas on April 01, 2017, 03:54:54 PM

Mining nowadays is not the same with the old times because the difficulty has increased and I don't think it will be easy to earn with it. So I want to suggest just go with trading because it's more reliable and you don't have to spend and think about of solution with the high consumption of electricity of your rig.

Yes compared to bitcoin mining, bitcoin trading is the very much better option for anyone to go with. Usually I do prefer money making opportunities without initial setup cost but I'm ready to put whatever efforts it will require. This way trading just needs my dedication but never the big capital.

Just with 0.05 bitcoin as trading capital, I'm able to make some decent profits every day. I do trade both bitcoin and altcoin trading, even I do face some losses, I'm able to finish my day in profits almost every day.

fitty

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Quote from: st0nefish on April 01, 2017, 11:00:34 AM

Quote from: SvenBomvolen on March 26, 2017, 12:00:58 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.

ROI in mining is much longer. To make a profit in mining, it is necessary to make big investments. And the return time of this investment is very long.
It makes more sense to trade with the money I will give to mining equipment. At least time it is possible to earn less quickly.

Yeah. Both requires some sort of capital but if you are new in trading, you don't need a large capital. It is recommended to start with only a small amount of capital to minimize the loss of money because trading is very tricky. It is normal that you will loose money in the start. But, if your capital is growing, you can now deposit a bigger amount of capital.

In mining, this requires somewhat large capital in order to buy the best mining hardware. Also, this requires deep technical knowledge and a good place (a cold place and low electricity bill) as it is the requirement in mining. And you should select the proper coin you will mine that would give you a decent profit.

tabas

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Quote from: Hazir on April 01, 2017, 03:19:50 PM

Mining is like work, you are slowly but inevitably getting money from it.
It is rather safe, considering that hashing difficulty and price of the coin you are mining are staying on the same level.

Trading is almost like gambling sometimes, it is elaborate guessing.
You need to realize that when you are trading there are people who lose and gain money at the same time.
It is far easier to find yourself in this second group.

Mining nowadays is not the same with the old times because the difficulty has increased and I don't think it will be easy to earn with it. So I want to suggest just go with trading because it's more reliable and you don't have to spend and think about of solution with the high consumption of electricity of your rig.

Hazir

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Mining is like work, you are slowly but inevitably getting money from it.
It is rather safe, considering that hashing difficulty and price of the coin you are mining are staying on the same level.

Trading is almost like gambling sometimes, it is elaborate guessing.
You need to realize that when you are trading there are people who lose and gain money at the same time.
It is far easier to find yourself in this second group.

st0nefish

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Quote from: SvenBomvolen on March 26, 2017, 12:00:58 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.

ROI in mining is much longer. To make a profit in mining, it is necessary to make big investments. And the return time of this investment is very long.
It makes more sense to trade with the money I will give to mining equipment. At least time it is possible to earn less quickly.

marseille

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Quote from: SvenBomvolen on March 26, 2017, 12:00:58 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.

Even if you have capital to buy equipment still there will much more that will depend on the cost of electricity and if electricity cost is cheaper then you can afford to invest in buying equipment and if not better switch your investment towards trading from where you can expect good profits too.

BitDane

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Quote from: Omega Weapon on March 23, 2017, 08:12:38 PM

Quote from: savioroshan on March 21, 2017, 03:52:58 AM

In my opinion , mining bitcoins at this scenario is really profitable. Day by day , its price is increasing. I dont have much capital with me. Otherwise I would have tried mining bitcoins. Trading bitcoins is also profitable. But I think bitcoin mining is more profitable compared to trading bitcoins.

Mining bitcoins not only requires money, it also requires very cheap electricity and it requires experience, if you really want to try mining then it could be better for you to try to mine altcoins first and see if you are profitable there.

The difference between the two is that in mining, if you already have the materials and had set it up, Bitcoin will continue to flow to your pocket, though it is not as high return as Trading, it is more safe than trading (assuming the electricity is cheap in your place). In trading, you need to study the market and have a decent fund to acquire a good profit from trade.

SvenBomvolen

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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.

Capradina

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Quote from: Labumi on March 25, 2017, 11:03:53 AM

Quote from: Zadicar on March 18, 2017, 08:37:35 AM

Quote from: thefaucetrunner on March 17, 2017, 04:03:02 PM

Quote from: Luno on March 17, 2017, 04:00:06 PM

Quote from: Omega Weapon on March 16, 2017, 07:55:52 PM

Quote from: michkima on March 15, 2017, 09:13:42 AM

Quote from: Zadicar on March 15, 2017, 07:56:15 AM

Quote from: Gotottack on March 14, 2017, 10:40:51 PM

Quote from: Omega Weapon on March 14, 2017, 10:21:25 PM

Quote from: bering on March 09, 2017, 10:33:10 AM

honestly i was never try to mining bitcoin because i do not understand how to start mining using my PC and people says after halving mining for bitcoin would not profitable anymore and since that i would not dare to start mining but because i have no experience for mining i think i have to says that trading bitcoin more profitable and i did try it already while the price surpassing gold several times ago

Unless we have a huge amount of money then mining bitcoin is out of the question, however mining altcoins it is still possible but you need to choose the right coin or you could end up with nothing if the coin is dumped.

I agree, bitcoin mining is not as profitable as it used to be. Unless you can compete against the big players in the industry and you have super duper low electricity costs then you can't earn from it. About the altcoins, the best ones to mine I think are the ones that suddenly dropped already. Usually there are coins that just go dormant then comes back alive in a few months. It could be a great opportunity to mine those.

This is true,mining bitcoin is possible and profitable but you must always consider on the electricity cost on your place because if its expensive then you are just mining uselessly because it wont be profitable at all and you would just pay up for the electricity cost on mining them.Speaking of alts its better and its easy to mine them and sell/convert them to bitcoins.

It is not just electricity cost you should look into, probably regulations and laws on it too. What laws does apply to your mining and how do you get taxed. That is another point you have to consider. Because there is a chance you might get in trouble if it was made illegal or something like that.

Fortunately there are not many places I think of win which bitcoin mining is illegal, the only one that comes to mind is North Korea, the problem in the rest of the world is how to pay your taxes properly.

yes trading is the best option, mining is difficult job as well as you need to have big capital to do mining and you must have good knowledge about it before entering to the mining field. trading is best as you can predict most of the time and you can plan and you can sell/buy where you will get the benefit to the highest.

Trading is better as looking at the charts you can predict what will be the position in coming time and if you are good in judging the situation then it will definitely give you some good results in the form of good profits.

Technical analysis would somehow work on trading bitcoin because its really a helpful tools on doing trading but it might not work anytime because bitcoin prices sometimes doesnt really matter on those TA (technical Analysis) since there are happenings which do happen unexpectedly.

Why you should use the technique of analysis in trading bitcoin..?? . It would be much more beneficial and don't waste a lot of time, if the bitcoin we have used for investment. I mean investment is to buy when prices are stable or bitcoin normal and keep it until the price of the bitcoin soared, after that we did the execution of these containers for sale fit our desires. But in keeping bitcoin we should be able to give a fairly tight security, if not then it's all going to end up on a big loss

Hmm, not all of them can give you an advantage in the absence of a good analysis. For every trading must also do an analysis, if they do not rely on it. Usually only have a few ways or profits only. Because they do not have a solid foundation to determine what they will take. The great advantage that depends on strategy and patience. Advantage only applies to those who can think well

phaddie

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Quote from: Doamader on March 26, 2017, 09:17:56 AM

Quote from: Qinetik on March 25, 2017, 09:46:41 AM

Quote from: Omega Weapon on March 23, 2017, 08:12:38 PM

Quote from: savioroshan on March 21, 2017, 03:52:58 AM

In my opinion , mining bitcoins at this scenario is really profitable. Day by day , its price is increasing. I dont have much capital with me. Otherwise I would have tried mining bitcoins. Trading bitcoins is also profitable. But I think bitcoin mining is more profitable compared to trading bitcoins.

Mining bitcoins not only requires money, it also requires very cheap electricity and it requires experience, if you really want to try mining then it could be better for you to try to mine altcoins first and see if you are profitable there.

I think it is better to mine the altcoins. There are many of them and more profitable.

Well the equipment providers has sold almost all the miners they had, or are using them to mine themselfes, bitcoin is a high cost investment required to make a decent ammount. The trading might bring good results, as well can make us loose part of our capital, thats why even looking easy has some reasons to play with carefull, while equipment is maybe a better investment, with a longer roi data.

Its an one time investment to make in buying equipment which can give you lifetime income but if electricity cost is higher then its not an affordable business to make as electricity cost will all eat away your profits and will not give you results in your favor so if I have to choose then I would go with trading.

Doamader

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Quote from: Qinetik on March 25, 2017, 09:46:41 AM

Quote from: Omega Weapon on March 23, 2017, 08:12:38 PM

Quote from: savioroshan on March 21, 2017, 03:52:58 AM

In my opinion , mining bitcoins at this scenario is really profitable. Day by day , its price is increasing. I dont have much capital with me. Otherwise I would have tried mining bitcoins. Trading bitcoins is also profitable. But I think bitcoin mining is more profitable compared to trading bitcoins.

Mining bitcoins not only requires money, it also requires very cheap electricity and it requires experience, if you really want to try mining then it could be better for you to try to mine altcoins first and see if you are profitable there.

I think it is better to mine the altcoins. There are many of them and more profitable.

Well the equipment providers has sold almost all the miners they had, or are using them to mine themselfes, bitcoin is a high cost investment required to make a decent ammount. The trading might bring good results, as well can make us loose part of our capital, thats why even looking easy has some reasons to play with carefull, while equipment is maybe a better investment, with a longer roi data.

iamTom123

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Yes, both can be profitable but personally I would go with trading. Trading big can require a big capital but so does mining though of course you can start small in both of these strategies. I have seen many traders, and many of them are just silent, who made big money almost everyday. Aside from Bitcoin, there are so many altcoins that are having good potential for some profits big time if you have the resources to buy them, hold for a while and then sell later.