Which is more profitable trading exchange or mining and why?? - page 4.

coynedterm

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

Yeah , I agree with your example that which is better to go with the investment in with our bitcoin .
In the starting when I entered in this field then I was always looking for the mining sites but in actual that all gone wrong with scam , so I left everything realted with mining Because every cloudmining sites are scam only because they scam in 2-3 months by making big profit and loss for the investors .
After that I am making regularly trading to make money and with better conditions I am making better amounts of the earnings , here with the dump of the coin's price there remains always a chance that once the coin will jump and will make profit but in case of the investment in the site of cloudmining we can't make big Because our money will remain in the site Wallet and you will not be able to access them and also after the scam you will not able to make even a 1 Satoshi in the future .

Ahiaba

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

Good to know that you have discovered the area that you have a comparative advantage and you are utilising it well. To some people mining is the best which mean they don't know how to trade crypto currency as compared to mining Bitcoin and altcoins. As for me, Trading is the best for me because I have ample knowledge of trading although, i don't even have enough money and electricity for mining business.

Reid

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It is both risky buy I would rather choose trading in exchange.

The return of investment from mining takes a little while before you could feel the profit.
Why? The difficulty grew and there is a lot of competition there now.
Unlike with trading, you do it yourself. You rely on news and information about the coins that you are trading and not on just a computer calculating everything.
I think that is way easier although riskier than mining.

upsidedown75

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Quote from: Yaunfitda on November 15, 2017, 01:35:18 AM

There is no question that trading is profitable because you have total control over it. You can invest big or small depending on your capacity. As compare to mining or cloud mining which recently have been scamming people out of money. So I would never go to mining but will continue to go to trading, although there is risk, its up to the individual on how he/she mitigates it.

And that is really what makes trading fun. Once you can pay your dues by learning all the important things you need to learn at first, trading is way better.

It takes a lot to be able to get a lot from mining which before you even get your ROI will take some time. With trading on the other hand, you already have your capital which you can withdraw at any time but trading with it makes you keep increasing what you have.

Bolt Brownie

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It's not that easy, and it all depends on your skills as a trader. If you are a miner you don't really require any skills to read market or anything like that. You just need to invest and let the ASICs do their job. It's a real business, and trading requires on speculation and you skill to trade. Not saying mining is easy, since it requires a huge investment to be done properly, and you can start trading with just a few bucks and grow from there.

Of course that mining can be quite speculative as well, if you actually keep your coins. But if you earn then and sell them right away, then it's just a normal business. Which one is more profitable? Again it would depend on your skill, but with the same amount of capital (and I'm assuming it's big enough to actually set up a mining farm), I would say that mining would work best for the majority of people.

carlfebz2

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

.
Both have risk it would really depend on which one you would prefer when it comes to duration of earning profits. Trading can really give you fast profit but would be somehow riskier compared to mining.The thing I doubt on mining is the cost since we do all know its very expensive and also mining difficulty do rise overtime.If you are really mining enthusiast then you will surely choose this over trading.

buwaytress

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Quote from: d0flaming0 on November 27, 2017, 08:54:11 AM

i have noticed that also, maybe because the price of bitcoin increases that is why it really is hard for the miners to cope up right now, but overall if asked which is better, mining can be good also, as long as you have the resources and you can manage the financial needs for your resource. it will be difficult also if you don't have enough resources and you are just planning to build your own mining resource, it will cost a lot nowadays, and to think that there is also extra money you need to reserve for the maintenance.

Er, actually, higher Bitcoin prices is better for miners. They mine Bitcoins to sell, to pay for maintenance, so of course higher prices mean more income. In fact, the theory that miners are the ones driving up prices partially holds true to me, since costs are increasing for them, they need wider margins of profit, so it makes sense that most newly-generated Bitcoins from miners would have a premium price tag.

Also, why do you think they're migrating to and fro between Bitcoin and Bitcoin Cash, if BCH wasn't ever going to go up in price? Mining difficulty is one reason, but definitely price attracts them, just like when Monero and ETH started rising in price.

n691309

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Mining I consider less and stable profitable and it is more long term

Rather than trading a lot with is very risky.

Allan Ramanda

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

it is true that you mention it, I also choose the trade, because with the trade makes me profit. but certainly not as easy as you say, if you are not careful in trading, especially with ico, you can lose your money, because investing has many risks.

spadormie

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In trading you need to have some commission first in order for you to have a mining rigs and such but with trading you just need an internet and just a small commission in order for you to get profit.

kamudd

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

for me the more profitable is mining, although initially has a large capital but the mining is a job that provides many advantages. even for me trade also gives big advantage but we should be able to understand market activity and also have to know a lot of information about trade.

yanto@1977

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Quote from: rhamzter on November 14, 2017, 05:46:16 PM

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

For me, trading exchange is more profitable than mining. Most people will agree with your opinion because they realize mining need more capital and hard work to understand how it works?. I believe you know the risk and which is the best to do about invest, you're an expert I think. But mining and trading has the same chance to become our way to make profit. Just take one, calculate and do the best. Good luck with you.

d0flaming0

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Quote from: ditinhu on November 27, 2017, 08:31:08 AM

In recent months the difficulty in mining has increased a lot, I recommend trading with the currencies down because mining is hardly even giving good returns.

At the present moment, instead of investing in mining, I would buy bitcoin and keep it, because the valorization is yielding much more than mining. There are the mining in the cloud as well as the genisis mining that has some very cool yields and would be much better than investing in a machine to mine.

Just be careful with absurd profits that some miners promise as it can be a scam and you could end up out of harm's way

i have noticed that also, maybe because the price of bitcoin increases that is why it really is hard for the miners to cope up right now, but overall if asked which is better, mining can be good also, as long as you have the resources and you can manage the financial needs for your resource. it will be difficult also if you don't have enough resources and you are just planning to build your own mining resource, it will cost a lot nowadays, and to think that there is also extra money you need to reserve for the maintenance.

ditinhu

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In recent months the difficulty in mining has increased a lot, I recommend trading with the currencies down because mining is hardly even giving good returns.

At the present moment, instead of investing in mining, I would buy bitcoin and keep it, because the valorization is yielding much more than mining. There are the mining in the cloud as well as the genisis mining that has some very cool yields and would be much better than investing in a machine to mine.

Just be careful with absurd profits that some miners promise as it can be a scam and you could end up out of harm's way

grizmoblust

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I think trading will get more profit than mining now. Let buy Bitcoin and hold it. You will not be regret

Barbut

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More profitable activity is in which you invest more. You need to invest money, then knowledge and in the end you need to have time to do what you wish. For me more profitable is trading, cause I don't have money to invest in proper mining equipment, then price of electric power in my country is high. Both are great things to do and it invest in it, I think that anyone who have money for mining should do it, and for trading its not necessary to have a lot of money, a bit time and good will and you can start practicing and learning about bitcoin trading.

TheUltraElite

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Quote from: geyayy on November 24, 2017, 03:55:28 AM

Mining on your own takes a lot of time. It consumes your electricity hence you are not getting your profit entirely. I don't think mining is a good way of earning because it is quite complicated.

Mining need not be own their own. You can join a mining pool and mine along with other miners by sharing you hashpower with the pool. Then you get proportional share of your hashpower. Doing this by setting up your own mining rig is a tough decision in terms of an investment.

Quote

Meanwhile, mining websites aren't so reliable because some are scammers as well. You can do trading but it takes knowledge and experience, as well as mental & emotional preparedness.

Never trust any website which allows you to "buy" hashpower. Most of them are scam ponzi schemes and will never actually return any profits. Most newbies fall for them but they are easy to detect. Auroramine is one recent scam in this aspect.

brotherwood12

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i think mining is porfitable than trading with statment you'r new on crypto , i say this statment because i see lot people do trading with high investment and fall down because he / she didnt know about how to trading , but if you trading you just like invest ur money and get passive income
and with the electry , i think before do mining calculate 1st money u will get and u will spend

CMIIW Wink

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Quote from: GreatOrchid on November 14, 2017, 06:03:02 PM

0.01 in mining makes no sense, it is only a few more bucks than $60 dollars, and you can not buy anything with that amount of money. Maybe you can invest that on a cloudmining site, but it is not worth it, because you are going to lose your money in there, and obviously, your time.
And 0.01 in trading sites is worst than cloudmining, because you need to be more than hours in front of your computer in order to make a few bucks a day, and it is not worth it too, because you can lose money in there if you dont have previous knowledge about that.

Even if you say you want to use your PC to mine which obviously will not even give you anything but trash, 0.01 BTC will not even buy a good laptop to consider mining some altcoins and looking forward to the profit you will make from its value in the future.

All the above with trading, this is something that you can start increasing gradually and in no time you can make something good except that it requires some learning, effort and some pretty hard work from you.

dothebeats

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Clear winner here is trading since mining takes a lot of preparation, resources and operation cost whereas trading only requires you to sit in front of your machine, study how the market is doing and trade according to what nets you some profit. You only need some time to read and learn about trading and you can start right away without risking a huge amount that could be bound for a loss. Trading is so flexible as well compared to mining. You can mine coins for certain profit but you can never maximize your hashes if you are trying to hit a certain goal unlike trading which gives you enormous profit since the market is always moving and you can cash every single mistake made by others.

Topic: Which is more profitable trading exchange or mining and why?? - page 4. (Read 1502 times)