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Topic: Trading VS Bitcoin! - page 44. (Read 58997 times)

legendary
Activity: 1302
Merit: 1000
March 07, 2017, 09:25:48 PM
#76
I hope trading is the best option for making money because we have to adjust our order according to market ups and downs. But whereas mining needs a lot of investment, through bitcoin mining when difficulty arises maturity of coins will take long. So when compared to mining, trading is more profitable.
hero member
Activity: 868
Merit: 500
March 07, 2017, 08:32:38 PM
#75
Well i would advice you to buy and sell bitcoin with another payment option, this is risk zero to loose money, while at mining you have to check always your equipment, and if burn you have to repair, sure miners are for long term, but if your energy cost is high just dont start mine, just focus into daily, weekly direct trades.
sr. member
Activity: 784
Merit: 250
March 06, 2017, 10:53:11 AM
#74
When it comes to investment, both are based on investment, trading is based on short term profits and bitcoin is based on long term profits. If a person is familiar with both of these will make tons of money with the skills he had, because trading need skills and bitcoin earnings based on according to upwards and downwards.

Buy low and sell high is the strategy everyone follows in trading but no one knows which is lowest or highest price to make a move as price may go down after you buy and opposite can happen after selling your coins as you may see higher price in next few days so its hard to decide the perfect time to buy and sell.
hero member
Activity: 2282
Merit: 505
March 06, 2017, 07:08:03 AM
#73
Both are good but in my opinion trading because mining takes a lot of time money patience and electricity Cheesy
But it's still worth with our effort and i think why are a lot of the miners still doing his mining activity in this time?
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
March 06, 2017, 06:05:14 AM
#72
When it comes to investment, both are based on investment, trading is based on short term profits and bitcoin is based on long term profits. If a person is familiar with both of these will make tons of money with the skills he had, because trading need skills and bitcoin earnings based on according to upwards and downwards.
hero member
Activity: 2310
Merit: 532
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March 06, 2017, 05:30:23 AM
#71
Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.
Speaking with complexity mining is more complicated than trading same as you said but we still need knowledge  on doing trading since its not easy to be profitable on it.Just like on mining they do have different field which we have to focus or learn on.
If you're highly skilled both are good forms to profit high. Trading can be done even with small amount of capital and based on the capital investment we can profit depending on the variation. With mining big capital investment is required for the purchase of mining equipment. Importantly with mining profit is based on electricity consumption to the coin generated. So depending on these factors people choose the one gets the increased profit.
hero member
Activity: 2926
Merit: 722
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March 06, 2017, 04:40:06 AM
#70
Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.
Speaking with complexity mining is more complicated than trading same as you said but we still need knowledge  on doing trading since its not easy to be profitable on it.Just like on mining they do have different field which we have to focus or learn on.
hero member
Activity: 728
Merit: 501
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March 06, 2017, 03:57:39 AM
#69
Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.
hero member
Activity: 1820
Merit: 537
March 06, 2017, 12:47:59 AM
#68
Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .
hero member
Activity: 868
Merit: 500
March 05, 2017, 08:47:25 PM
#67
Well i would advice you to buy and sell bitcoin with another payment option, this is risk zero to loose money, while at mining you have to check always your equipment, and if burn you have to repair, sure miners are for long term, but if your energy cost is high just dont start mine, just focus into daily, weekly direct trades.
full member
Activity: 182
Merit: 100
March 05, 2017, 01:43:58 AM
#66
Both are good but in my opinion trading because mining takes a lot of time money patience and electricity Cheesy
hero member
Activity: 3080
Merit: 603
March 04, 2017, 05:46:55 PM
#65
For mining there is no need of any experience, just we need investment to generate coin. But where as trading needs lot of experience, which make you more money once you are familiar with market. In long run both will give profits but we can make more money through trading only.

If you do cloud mining, you have to use a good site.
Tell me what amount you can earn in mining? This amount will be so small that I really doubt that it is possible to use the word earnings to this method. I think mining is a way to earn a few Satoshi to learn how to use cryptocurrency.


Don't believe on such cloud mining they are all scam. Even you will find a "good" one that is just the beginning of their deception. Better to go and risk with trading of bitcoin/alt coin which is more reliable and legit type of investment.
newbie
Activity: 28
Merit: 0
March 04, 2017, 06:55:19 PM
#65
 it depends. If you have capital mining will be better as there are almost zero risk while for trading you need to know the technical know-how on how do it. Hence the choice is yours.
sr. member
Activity: 630
Merit: 272
March 04, 2017, 05:04:15 PM
#64
For mining there is no need of any experience, just we need investment to generate coin. But where as trading needs lot of experience, which make you more money once you are familiar with market. In long run both will give profits but we can make more money through trading only.

If you do cloud mining, you have to use a good site.
Tell me what amount you can earn in mining? This amount will be so small that I really doubt that it is possible to use the word earnings to this method. I think mining is a way to earn a few Satoshi to learn how to use cryptocurrency.
legendary
Activity: 1008
Merit: 1010
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March 04, 2017, 10:04:11 AM
#63
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

you can earn from both ways, and you should go with mining if you have cheap electricity. Otherwise, you will only lose money, because bitcoin price will be too small than you need to earn profit.

And if you don't want to/can't mine bitcoins, then you should try trading, which will bring you profit if you know what you are doing. So it is better for you to read about it before starting trading.
legendary
Activity: 1862
Merit: 1046
March 01, 2017, 04:46:44 AM
#62
both are profitable, but in my opinion trading more profitable, and it certainly depends on your strategy.
mining is good for long term benefit, but risks such as difficulty level increases, the cost of electricity and damaged mining tool could be a factor in the future.
hero member
Activity: 2996
Merit: 609
March 01, 2017, 12:17:49 AM
#61
For me trading bitcoins is good that is if you know what you are doing don't be greedy in investing bitcoins because most of it are scams.
OP doesnt mention about investments and as we can see hes talking about trading or mining bitcoin. For me both would really be profitable as long you do have the right things that are being needed on each way.
jr. member
Activity: 59
Merit: 10
February 28, 2017, 09:19:01 PM
#60
For me trading bitcoins is good that is if you know what you are doing don't be greedy in investing bitcoins because most of it are scams.
legendary
Activity: 1414
Merit: 1039
February 28, 2017, 08:29:47 PM
#59
Mining is going to make you minimal amounts as of now.

If you're looking for pocket change, you should definitely try to sell some products on this forum and others that accept bitcoin. You can definitely invest in altcoins and such, but it is very volatile and there is no way to put your 100% certainty on the possibility that you will make money on your investment. Always be careful and play it safe. Don't get greedy. Investments with bitcoin are always a gamble.
member
Activity: 65
Merit: 10
February 28, 2017, 01:49:17 PM
#58
For mining there is no need of any experience, just we need investment to generate coin. But where as trading needs lot of experience, which make you more money once you are familiar with market. In long run both will give profits but we can make more money through trading only.

If you do cloud mining, you have to use a good site.
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