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Topic: Which is more profitable, trading Bitcoin or mining Bitcoin? (Read 49 times)

copper member
Activity: 39
Merit: 0
Crypto Center Founder
U depends on current market stat. Sometimes it is more profitable just hold crypto and sometimes to mine. But often people going for mining can leverage from investment like model when they increase expenses in their company for example www.oneminers.com issue you invoice for data and computation management services. So you have relevant expence when buying miner and expense for power consumption.  They even offer AI servers so it is dependable from Tax services as legitimate expense.

For holding please do so but use real good crypto wallet. Like onekey wallet https://onekey.so/. It is open source wallet so no monkey business shall not be hidden inside . Or use hardware wallets such as trezor . Never hold your coins in exchange because in long term most of them will bankrup.

For tokens just stay away from them . From all tokens in long term investment .!!

Marry christmass 🎄
Serchan
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Activity: -
Merit: -
yeah u have a point there bro may be thats why we have more treaders  Undecided than miners ,the high electricity costs  and the decreasing rewards over time due to the halving process is a disadvantage
hero member
Activity: 2856
Merit: 667
Mining is only profitable if you have decent capital to start with. Most miners today are large corporations that can afford expensive equipment and cover high electricity costs.

For a regular person, mining might not be feasible, but trading is a great alternative as you can start with a small capital to test your skills, and eventually over time, as you gain confidence and experience, you can gradually increase your exposure to improve profitability. The good thing about trading is that you don’t have to worry about monthly expenses or equipment maintenance, which can be a constant source of stress if you’re running mining rigs.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Trading is very risky.

Quote
Only a small percentage of traders are profitable, and most make losses:
Day traders
Only 1–20% of day traders are profitable, while the rest fail. One study found that less than 1% of day traders can reliably earn meaningful returns after fees.
New traders
According to the 90-90-90 rule, 90% of new traders lose 90% of their deposits within 90 days.


I think if you check about mining, most miners will make money because they will make mining profitability calculations before starting. But in trading, PnL is not possible to know.
?
Activity: -
Merit: -
Bitcoin mining and trading both have their unique benefits and drawbacks ,They both involve risks. which do you think is more profitable  Sad
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