Trading VS Bitcoin! - page 47. | Bitcointalksearch.org

btcdiggingmaster

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Quote from: gabbie2010 on February 19, 2017, 01:03:03 PM

As for me both trading and mining bitcoin are profitable But one have to choose one and be passionate with it so as to be profitable, but looking at mining it involves a lot of resourses e.g electricity, Ram e.t.c for me I will prefer trading bitcoins

If you are really confident about bitcoin than why don't you choose both of them because bitcoin is always profitable with both types. With profits from you can buy higher hardware equipment's , so in this way you can make money through mining also.

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Quote from: miningdude on February 18, 2017, 03:46:51 PM

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

Mining is not profitable for normal people. Rather i would say it is just an non-profitable and impossible task with normal PC or hardware. You need to have mining farms like in china which actually give you good returns.
I will prefer trading over mining as trading is a good opportunity for everyone.

icecube45

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Quote from: gabbie2010 on February 19, 2017, 01:03:03 PM

As for me both trading and mining bitcoin are profitable But one have to choose one and be passionate with it so as to be profitable, but looking at mining it involves a lot of resourses e.g electricity, Ram e.t.c for me I will prefer trading bitcoins

Yes true both very profitable, and maybe choose both it does not matter if it is capable Grin

But you're right we should choose according to capital and our ability. If you have a large capital maybe not be a problem to try mining, but if it does not have sufficient capital to use the trading was also not a problem. The most important thing we must have a skill to can get a profit.

mrcash02

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I don't know what you mean by Trading bitcoins for other payment method, but trading bitcoins is surely much better than mining. Mining is expensive and hard to make profit these days, mining at home was profitable in the past, but each new halving it becomes more and more hard. You can try mining altcoins, but there is a risk to lose money as the altcoins die everytime. With trading the initial investment can be lower and the return can be faster.

angaper

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Trading bitcoin for other payment methods? it seems you are taking about something similar to exchanging services, it isn't? It can be very profitable, because I have found several forums offering this service and they use to charge at least 10% fee for every transaction. For instance, if someone wants $1000 worth of bitcoin, he would send you $1100 via Paypal, Neteller, etc.

gabbie2010

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As for me both trading and mining bitcoin are profitable But one have to choose one and be passionate with it so as to be profitable, but looking at mining it involves a lot of resourses e.g electricity, Ram e.t.c for me I will prefer trading bitcoins

st0nefish

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If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

Gotottack

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It is much more profitable to just trade than mining. Mining involved buying expensive hardware that you can't sell at a decent price when you are done with them, not to mention the cost of maintaining them should be your primary consideration. While in trading, you can just buy what you can and wait for the prices to appreciate, no need to invest anything substantial.

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It depends on your interest and how much money you do have because in each field it does require money to invest on. Trading bitcoin would be profitable even you do have only small amounts as long you are good on trading and on bitcoin mining it would be good if you have huge money to buy asic miners but still we need to do research on electricity and maintenance cost if we saw we are profitable then we proceed.

Teraboy

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Quote from: miningdude on February 18, 2017, 03:46:51 PM

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

What's you mean about the other payment method? especially for the mining bitcoin is depend on your electricity. If you're having cheap electricity and everytime it will be profitable to mine bitcoin.
Trading is easy method comparing with the mining method. according to the current price of bticoin and it seems like really profitable.

BlackPanda

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Quote from: Diced90 on February 19, 2017, 02:12:31 AM

Ever since bitcoin underwent the block reward having mining has become less profitable for bitcoiners with small rigs leaving the competition to mining firms. Which leaves us with bitcoin trading to profit from.

do bitcoin mining today is not the best choice. we can benefit more by doing trading bitcoin . This has been proven and make a lot of money.

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Quote from: Jannn on February 19, 2017, 12:25:40 AM

That is depends on your budget.
Both of them are profitable.
If you have a small capital you can start trading Bitcoins but if you have big capital you can try mining.

Yeah I also believe that both of them were profitable and really you can start trading bitcoins with a small capital. When you are earning profit in the future that small profit will grow as time goes by and I don't recommend mining because it's not profitable and rather stick at trading like in altcoins; probably thats more profitable and sustainable.

miningdude

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Quote from: Diced90 on February 19, 2017, 02:12:31 AM

Ever since bitcoin underwent the block reward having mining has become less profitable for bitcoiners with small rigs leaving the competition to mining firms. Which leaves us with bitcoin trading to profit from.

Yes, because there's so many users using mining, and takes so long..

Diced90

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Ever since bitcoin underwent the block reward having mining has become less profitable for bitcoiners with small rigs leaving the competition to mining firms. Which leaves us with bitcoin trading to profit from.

Superhitech

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Trading bitcoins would probably get you more profit if you know what you are doing and don't have mining equipment.

Mining isn't very profitable anymore unless you buy equipment, etc. Trading would be better if you don't want to purchase a miner, but trading also takes quite a lot of skill.

Jannn

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That is depends on your budget.
Both of them are profitable.
If you have a small capital you can start trading Bitcoins but if you have big capital you can try mining.

miningdude

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Have a mining rig

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

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