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Economy => Trading Discussion => Topic started by: rhamzter on November 14, 2017, 10:46:16 PM



Title: Which is more profitable trading exchange or mining and why??
Post by: rhamzter on November 14, 2017, 10:46:16 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?


Title: Re: Which is more profitable trading sites or mining sites and why??
Post by: NavySeals on November 14, 2017, 10:48:50 PM
Don't use mining websites, they're not doing mining, they're like HYIPs. If you're interested in mining, do it on your own.

With trading websites, I think you mean exchange platforms such as Bittrex, Binance, HitBTC etc. You better start trading after learning it well.


Title: Re: Which is more profitable trading sites or mining sites and why??
Post by: harizen on November 14, 2017, 10:57:40 PM
In my sight, trading sites is much profitable compared to mining sites, 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 0.01 it took a long 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 like 0.01 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?

How come you compared these two when obviously we all know who is much worth to try with associated risks.

Also BTC0.01 in mining can't take you to nowhere. Mining sites? Cloudmining? Even the legit ones can't give you good profit for BTC0.01 capital. But overall they have different background so comparing them isn't making a sense honestly.


Title: Re: Which is more profitable trading sites or mining sites and why??
Post by: chineseprancing on November 14, 2017, 11:01:58 PM
Don't use mining websites, they're not doing mining, they're like HYIPs. If you're interested in mining, do it on your own.

With trading websites, I think you mean exchange platforms such as Bittrex, Binance, HitBTC etc. You better start trading after learning it well.
Yeah that's right maybe you just need to make your own mining, because if you relied only in mining sites I'm sure instead of earnings you will possibly gain scammer.
Moreover, I suggest to used Yobit, cryptopia or cryptodao because they can offer a good list of crypto currency with good price.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: GreatOrchid on November 14, 2017, 11:03:02 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.



Title: Re: Which is more profitable trading exchange or mining and why??
Post by: batang_bitcoin on November 14, 2017, 11:25:58 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?

Are you pointing out to "mining" through cloud? That's not really worth to invest, most of them that are now existing are likely to be scam. Trading is the most profitable way of earning bitcoin and with other alt coins too and with my situation there's nothing wrong with investing to the "real" hardware mining (GPU) for having the capacity to invest for those GPU's, what matter to me is the expensive consumption of electricity.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: tricker01 on November 14, 2017, 11:31:46 PM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Qunetick on November 15, 2017, 12:10:30 AM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.


Don't be too serious bro. Maybe he just want to open a topic and you know, it could also help the people who are new here. Yes, the answer is so obvious, but that doesn't mean that you will try to ask the person if he is drunk. You are also right that you can have income just by posting in this site but if you are the kind of person who wants additional income not just from posting but also from trading or mining, then let them be. It is their own way of multiplying their bitcoin.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: kingofcommerce on November 15, 2017, 12:38:05 AM
Trading as you can leverage your money to make more money - though you need to actually be good at trading

Mining difficulty is too high so you wont get much return from it, plus considering the initial investment needed for hardware and the potential at any moment for that hardware to break etc in my opinion isn't worth it.

I would recommend trading but don't risk more than you can afford to lose and don't risk more than 1%-2% per trade.

Best of luck  :)


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: timikulit on November 15, 2017, 12:39:33 AM
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?

Are you pointing out to "mining" through cloud? That's not really worth to invest, most of them that are now existing are likely to be scam. Trading is the most profitable way of earning bitcoin and with other alt coins too and with my situation there's nothing wrong with investing to the "real" hardware mining (GPU) for having the capacity to invest for those GPU's, what matter to me is the expensive consumption of electricity.

Not all, genesis mining is one of the cloud mining that offers hashrate for mining bitcoin. and i think its legit.

Yes trading is the most profitable now if you are an experienced trader. Because, there is a lot of pump and dump in cryptomarket.
If you are newbie in trading then i suggest start to practice first in forex or stock using demo accounts. (Practice makes perfect)
Long HODL is also good in crypto trading as long as you know your coin product and future development.

Bitcoin or altcoin mining is still profitable as long as you have high capital, cheap electricity and high knowledge in computer hardware and software (Windows/Linux/EthOS/Simplemining etc..)

There is no easy money in crypto, choose only one path. mining or trading.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: batang_bitcoin on November 15, 2017, 06:16:55 AM
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?

Are you pointing out to "mining" through cloud? That's not really worth to invest, most of them that are now existing are likely to be scam. Trading is the most profitable way of earning bitcoin and with other alt coins too and with my situation there's nothing wrong with investing to the "real" hardware mining (GPU) for having the capacity to invest for those GPU's, what matter to me is the expensive consumption of electricity.

Not all, genesis mining is one of the cloud mining that offers hashrate for mining bitcoin. and i think its legit.

Yes trading is the most profitable now if you are an experienced trader. Because, there is a lot of pump and dump in cryptomarket.
If you are newbie in trading then i suggest start to practice first in forex or stock using demo accounts. (Practice makes perfect)
Long HODL is also good in crypto trading as long as you know your coin product and future development.

Bitcoin or altcoin mining is still profitable as long as you have high capital, cheap electricity and high knowledge in computer hardware and software (Windows/Linux/EthOS/Simplemining etc..)

There is no easy money in crypto, choose only one path. mining or trading.


I know about genesis mining but still it's up to the people that wants to invest there. The return with their contracts is something that I can't think and even they are trusted by many people I don't buy that. I had a bad experience with those "trusted" cloud mining before that are operating for years and then they just went off together with my investment so I don't consider it anymore. If you trust them it's up to you but my bad experience about cloud mining will never change.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Yaunfitda on November 15, 2017, 06:35:18 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: DaMut on November 15, 2017, 06:50:45 AM
of course trade is way more profitable compared to mining,
why ? because right now,mining is no longer profitable,you need to pay an expenses which is quite many while facing the difficulty.
everyday the difficulty keep increasing and because of that the rewards will be decreased a lot,
other than that someday we need to do the maintenance and replacing other stuff beause of overused/old.
compared to trading,all that we need to do is to read the market and the movement.
everyday we can get the 'profit' if we're good enough,
compared to mining,we do not need to pay anything some like ; expenses,maintenance,etc etc.
so mining and trading are like sky and earth,
completely different in term of profit.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: pugman on November 15, 2017, 07:47:31 AM
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?
Sure,I do agree that trading can be more profitable than mining. Mining is costlier in any country you live,even in china because of the massive usage of electricity and updated computers in terms of graphics like updating from GTX 950 to GTX 1080 Ti etc and in terms of return I think one can get a return after like 1 year or something. Trading on the other side,is more user friendly and does not require a technical background or knowledge which is required in case of mining. The only harm in trading is that sometimes, one can make a wrong decision or even the exchange in which one trades has a possibility of getting hacked.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: rhamzter on November 15, 2017, 02:18:37 PM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.
Thanks for slapping my face regarding the topic I made, I do this because I'm looking for some another source of income. I have some bitcoin and I can't decide if I invest it in trading or mining, however regarding to the reply of  some users I think it's better if I invest my crypto in trading. Since I have some idea regarding that, I've seen that all I need is to improve it.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: madwica on November 15, 2017, 06:36:20 PM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.
Thanks for slapping my face regarding the topic I made, I do this because I'm looking for some another source of income. I have some bitcoin and I can't decide if I invest it in trading or mining, however regarding to the reply of  some users I think it's better if I invest my crypto in trading. Since I have some idea regarding that, I've seen that all I need is to improve it.
If you have limited budget go for trading but if you have good enough capital for building your own mining site go for mining method and i can say that both are good source of income here in crypto and it always depending on the capacity of individual users.
Good to you that you already conclude what is your method that fits for your capacity hoping that your trading journey will be more successful just keep it in your mind that dont be greedy if you do not want to loose your capital. Goodluck mate


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: illyiller on November 15, 2017, 09:28:30 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.

Mining is very long-term investment option. You are indirectly investing in the coins you mine by first investing in mining hardware. Due to the time and overhead involved, you are likely looking to ROI on a longer timeline -- many months -- probably with intent to hold for years.

If you are only looking to invest in the short term, or swing trade/day trade, you are much better off buying coins and trading. Then you can properly hedge day-to-day and you aren't tied down to your fiat overhead costs. You can always quickly ditch one investment and move to another with your capital intact.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: shursight on November 15, 2017, 10:20:56 PM
trading is not profitable anymore because we all know that bitcoin is always going to be on a bullish trend, and it means that the opposite is going to happen to altcoins.
When bitcoin goes up, all those shitty altcoins below the top 20 start to go down for a lot of money, because all those guys start to put all their funds in bitcoin in order to make some profit from that.
And the same scenario repeats tons of times a week, this might be the reason of why trading is not profitable anymore.
better to buy some good antminers and build your own rig, it will give you a lot of profits in a few months from now


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: illyiller on November 15, 2017, 10:40:50 PM
trading is not profitable anymore because we all know that bitcoin is always going to be on a bullish trend, and it means that the opposite is going to happen to altcoins.

That's not necessarily true. It's much more complicated. I've been trading BTC since 2013 and altcoins since 2014. What I've realized is that all the markets go through different cycles. Any two coins are not necessarily in the same part of the market cycle. Sometimes we see positive correlations to BTC, sometimes negative. Sometimes there is seemingly no correlation at all.

When BTC is trending upwards very fast, I find that you are usually correct. However, BTC will often consolidate before continuing upwards, and during these consolidations, altcoins often rally. This is in spite of the overall bullish BTC trend.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: chineseprancing on November 16, 2017, 08:25:51 AM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.
Thanks for slapping my face regarding the topic I made, I do this because I'm looking for some another source of income. I have some bitcoin and I can't decide if I invest it in trading or mining, however regarding to the reply of  some users I think it's better if I invest my crypto in trading. Since I have some idea regarding that, I've seen that all I need is to improve it.
The decision is always on your hand sir, anyone in trading and mining are both profitable. I suggest that choose the investment that line on your fashion, because if you do that you can easily adopted the environment you choose.
In additional the profit you can gained in work you choose are always depend on how can you work hard.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Pursuer on November 16, 2017, 08:52:13 AM
it depends on a lot of different factors. these two are not similar things to easily compare them!

for example if you know nothing about trading and have zero familiarity with the market, then trading is not going to be profitable for you. the result will be a lot of losses, one after another until you give up and are broke.
some people don't want to spend time to learn trading, they want more of a passive income type of thing. so trading is not suitable for the se people.

mining on the other hand is more like a passive income. you just buy some equipment (ASIC miners or GPU rigs) and set them up so that they can make you money and you just check on them. this may sound simple in theory but it is still hard and risky because of all the volatility of cryptocurrencies.
but it is much easier to get the hang of the mining and make it profitable.
the only remaining issue will be your electricity cost, and if you live in a country with cheap electricity then mining is a good option to think about.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Kunlejoe0 on November 16, 2017, 08:57:24 AM
Well said. Mining could drag for some time before you recover your money! Trading on the other is purely based on chance. But you could calculate how much you are going to earn on your money over a span of it's life.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: dg2010 on November 16, 2017, 09:13:38 AM
I think if you have good enough knowledge and skills. Trading will earn more profit than mining. With 1 dollars you can earn 1000 dollars.  :D


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Thardz07 on November 16, 2017, 09:23:51 AM
Both are profitable. But the more profitable is the trading exchange,but there is disadvantage. In trading exchage, more posibility of profit lost. It is more risky if you dont have knowledge of this system. But if you are a pro in trading, this is much profitable. In mining system, this is a stable and surely you will definitely earned even if you invest,but not as much than trading.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: mharz on November 16, 2017, 11:39:18 AM
I think if you have good enough knowledge and skills. Trading will earn more profit than mining. With 1 dollars you can earn 1000 dollars.  :D
Maybe it depends on how can you handle the job you can chosen, for me both of this are much profitable. However you just need some professionalism in terms of trading, also you just need to bind a couple of time to monitor the movement of coins you been choose to invest.
While in mining you only need to invest high amount but surely you can earn income even for a long period of time.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Bitcoinjheta on November 16, 2017, 12:13:54 PM
I think if you have good enough knowledge and skills. Trading will earn more profit than mining. With 1 dollars you can earn 1000 dollars.  :D
Maybe it depends on how can you handle the job you can chosen, for me both of this are much profitable. However you just need some professionalism in terms of trading, also you just need to bind a couple of time to monitor the movement of coins you been choose to invest.
While in mining you only need to invest high amount but surely you can earn income even for a long period of time.


Both are profitable if executed well. Profit really depends on how you do your job well. Trading needs to be decided well and market should be well monitored so as to keep yourself updated to the current price in the market. Mining on the other hand requires a lot of capital but if you are familiar with mining then it would benefit well. Big profits depends on how knowledgeable you are of what you are doing.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: luckycoinn on November 16, 2017, 12:17:02 PM
Are you drunk sir? We all know which is most productive and profitable between on that two.
If you are looking for some income, it's better if you focused on posting in this sites, instead of trade or mine.
don't be rough bro, I think he don't want just getting "income" from this site.

I suggest to start learning how to trade. it might be hard to get profit if trading Bitcoin, but altcoin can be profitable if traded with Bitcoin.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: damberg on November 16, 2017, 12:26:47 PM
For a cryptocurrency beginner it is far easier to trade than to mine. Mining requires some code knowledge and advantageous electricity price. However, I am still thinking of mining as an instrument of diversification. If you cannot sync with markets and make money by trading, mining can "ensure" you quite stable monthly/quarterly income.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: no0dlepunk on November 16, 2017, 01:48:16 PM
HODLing is way way more profitable compared to the two options that you have mentioned. Your mining rig will only give you an A performance for the next 6 months and then after that, you need to upgrade. Trading is quite good as long as you can focus on the charts 24/7, otherwise, forget about it. HODLing a reputable coin will give you more profits in the long run. Trust me, I have been doing this shit full time for a while now.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: eann014 on November 16, 2017, 02:00:54 PM
For me trading is more profitable than mining, mining needs huge capital before you can start to mine and you need to have a free electricity for you to earn good bitcoin. But in trading, it is depend on us on how much do we want to buy or to sell, for me it is more easy to earn in trading than mining.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: krauzzer02 on November 16, 2017, 04:26:22 PM
For me trading is more profitable than mining, mining needs huge capital before you can start to mine and you need to have a free electricity for you to earn good bitcoin. But in trading, it is depend on us on how much do we want to buy or to sell, for me it is more easy to earn in trading than mining.
The two of them have a very different angles and aspects to earn digital coins from different people's perspective and situation, it is because some of them earn more a lot easier from mining than trading because they are into technical and networking stuff as well as a good researcher to target a promising coin to mine utilizing the mining electricity and equipment but some of them failed in mining thus experienced to earn more from trading because they have a better understanding and knowledge about how trading works in crypto.

So for the Op's question was always depends in your skills and situation yes mining takes a lot of time to earn the ROI but if the electricity bill is promising to be cheaper it will be the opportunity to gear some small mining rigs and the income is a sure ball. Trading can also be profitable and can generate fast results but the problem with this is you need to watch the market too often and the risk is high because the market is not stable you can lose your money easily.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: klatz on November 20, 2017, 12:21:40 PM
At a first glance, it seems pretty simple - when you have enough skills and are ready to take risks, trading is more profitable because of the fast results. If you are ready to wait for a longer turnaround, you can try mining. And yes, like it was mentioned, both options require big investments from the start.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: richmcrich on November 24, 2017, 08:08:47 AM
I think if you have good enough knowledge and skills. Trading will earn more profit than mining. With 1 dollars you can earn 1000 dollars.  :D
Exactly! There is no way that we can deny this fact that mining is something very much costly and it requires lot of resources especially some super computers along with lot of consumption of power and electricity. Trading is no doubt a little risky thing to do but as compared to that of mining, it is better to go fir trading. It will really help you in earning of more money than you can get through mining.




Title: Re: Which is more profitable trading sites or mining sites and why??
Post by: TheUltraElite on November 24, 2017, 08:14:26 AM
Don't use mining websites, they're not doing mining, they're like HYIPs. If you're interested in mining, do it on your own.

Honestly I would agree and disagree to you at the same time. I agree that HYIPs are very attractive to newbies (who are their prime targets) and they end up losing their money in the process of the scam. Again a mining rig may not be cost effective for everyone. There a lot of costs associated with it and they may not be always profitable. So research on mining is important and the ROI must be considered if they are mining on their own.

Quote
With trading websites, I think you mean exchange platforms such as Bittrex, Binance, HitBTC etc. You better start trading after learning it well
Trading should be done once a person has got enough of a captial of bitcoin and some altcoins and have learnt about it properly. Be careful of pump and dump schemes and stay away from the "trollboxes" of the exchange sites. That is the place for all shills of the world.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: geyayy on November 24, 2017, 08:55:28 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. 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: dothebeats on November 24, 2017, 09:03:51 AM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: wuvdoll on November 27, 2017, 07:53:58 AM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: brotherwood12 on November 27, 2017, 08:50:49 AM
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 ;)


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: TheUltraElite on November 27, 2017, 09:10:48 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Barbut on November 27, 2017, 09:30:06 AM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: grizmoblust on November 27, 2017, 10:01:31 AM
I think trading will get more profit than mining now. Let buy Bitcoin and hold it. You will not be regret


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: ditinhu on November 27, 2017, 01:31:08 PM
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



Title: Re: Which is more profitable trading exchange or mining and why??
Post by: d0flaming0 on November 27, 2017, 01:54:11 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: yanto@1977 on November 27, 2017, 01:58:04 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: kamudd on November 27, 2017, 02:03:16 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: spadormie on November 27, 2017, 02:08:14 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Allan Ramanda on November 27, 2017, 02:14:19 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: n691309 on November 27, 2017, 05:32:24 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?
There are so many things you need to consider if you really want to go into mining and that would determine the profitability of the activity itself.

Mining can be as profitable as trading and does not require much effort than setting up your rig. However, when considering the type of gadget for which type of coin as well as electricity, this is what makes the difference.

Still, with trading, your capital is not totally tied down and you are more like using it to generate more, which is something you can make a whole lot once you are good, but that requires some effort and some huge work from your part. So, at the end, it balls down to each individual and which path they want to take. Both are good, but I will rather go for trading.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: buwaytress on November 27, 2017, 07:03:10 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: carlfebz2 on November 27, 2017, 07:15:57 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Bolt Brownie on November 27, 2017, 07:25:08 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: upsidedown75 on November 27, 2017, 07:32:30 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Reid on November 27, 2017, 08:01:32 PM
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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Ahiaba on November 27, 2017, 11:23:22 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.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: coynedterm on November 28, 2017, 07:26:27 AM
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 .


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: santieevanz on November 28, 2017, 07:37:52 AM
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?
Since i have never experience bitcoin mining then I would agree to trading because your given example has points. Comparing both object will be great to know which is the better process despite of its differences. Trading is a big impact to double your money since that's what we all looking for.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: olubams on November 28, 2017, 08:48:44 AM
Currently, I would take buying as a better option as against mining. Mining is just too complex for someone who does not know much about the technicalities that surrounds the configuration alone is enough to make me avoid it not talk of the cost of setting up the rig and to make it profitable. With all this, buying would save all that and wait for it to appreciate and you could get the profit maybe with longer time but surely lower effort.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Hypnosis00 on November 28, 2017, 09:15:28 AM
It is profitable for me to just trade in an exchange because it is the best and not expensive way to make more money is to just trade some coins in the trading sites in the internet rather than spending thousands of dollars to just buy and afford a mining rig. If you are really into profitable and fast profiting business then trading is the best.


Title: Re: Which is more profitable trading sites or mining sites and why??
Post by: sana54210 on November 28, 2017, 02:20:51 PM
In my sight, trading sites is much profitable compared to mining sites, 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 0.01 it took a long 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 like 0.01 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?

How come you compared these two when obviously we all know who is much worth to try with associated risks.

Also BTC0.01 in mining can't take you to nowhere. Mining sites? Cloudmining? Even the legit ones can't give you good profit for BTC0.01 capital. But overall they have different background so comparing them isn't making a sense honestly.
Right. They are both totally two different forms of making profit and so many things have to be considered when thinking about the route to take.

Trading is more of it for me once you are good at it as you can make a whole lot from the amount of money you would have put into mining to be able to earn something good in the first place. Also, like you have mentioned, trading is something you can even start small, whereas mining requires some huge capital.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: iqlimasyadiqa on November 28, 2017, 02:31:59 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?
I will choose Trading compared to doing Mining. I think that when I trade I can earn unlimited income, Trading gives me a chance to get more profit. while doing mining I think more static because usually nominal that we will get calculated and estimated, oh yes mining demanded to us to have a quality hardware device, because without good hardware then we will not get good results.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: seasonw on November 28, 2017, 02:33:09 PM
Mining no longer makes a lot of profit unless you were investing in bitcoin ASIC miner. So, trading the exchanger should be a good idea but you have to make the right pick.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: ubeng07 on November 28, 2017, 02:38:58 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.
in trading yes that was true you really wanted to be careful on it unlike in mining but you have atleast some tools before you have done of it , in trading you have atleast some knowledge before you start cause if you dont have any knowledge then you may loose some of your money on it then your effort means nothing. before doing taht two even in trading or mining make at least some patience and knowledge also.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: alphalifter304 on November 28, 2017, 03:31:59 PM
Trading unless you are a IT person that understand the maintenance and regular work that goes into mining other investing in the equipment and hooking things up!


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Frank0209 on November 28, 2017, 04:52:48 PM
With the same amount of money I think trading is the better option for now. Because you can earn a lot of money everyday if you have good trading skills, enough knowledge and experience about trading. But with mining it's really difficult to earn big amount at the moment because of the mining difficulty of Bitcoin is increasing day by day so the amount of Bitcoin you get everyday will decrease as well. Before it took 10 - 11 month for you to take all the invested money back but for now it'll take to years to take all invested money back :)). Don't join mining if you don't have million or maybe billion dollars :))


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: newgeneration16 on November 28, 2017, 05:00:01 PM
In my opinion, Trading is more profitable because if you are lucky, you can win double or more per day which mining couldn't.
But mining is more stable and fewer risk.
But I like adventure and enjoy the challenge and stress, so trading is better for me


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: omonuyak on November 28, 2017, 07:03:50 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 not only in your sight but in reality, trading is more profitable than mining. Some altcoins has given an investment Return Of over 10* this year alone and if you study most of the analysis by the experts on mining you will find out that it takes more than 2 to 3 years before you can actually get returned on investment. Trading though very risky and you should not embark on it except you have adequate knowledge on how it works is far less in cost.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: katiecbell on November 29, 2017, 12:00:34 PM
Mining no longer makes a lot of profit unless you were investing in bitcoin ASIC miner. So, trading the exchanger should be a good idea but you have to make the right pick.
Itís not a matter of which one that can be making profit or not, I think the first thing to take a look at is the risk that are involved. There isnít much risk in Bitcoin mining, the problem is that there isnít much profit coming from it. Trading is good, but you can only make profit from it only if you know what you are doing. You canít make profit if youíre not good in it. So for those with no experience, Mining is best, while Trading will be best for those with experience.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: magicmeyk on December 01, 2017, 04:45:36 AM
I say trading is more profitable than mining. If you have the knowledge in fundamental and technical analysis on candlestick charting you have a higher chance to get back your ROI.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: fullhdpixel on December 01, 2017, 07:26:54 AM
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 ;)
For a newbie, I would also recommend going for mining first or even much better is to join a signature campaign as it demands zero investment while mining requires a good hardware setup before a person really earns something out of it.

However, the most beneficial method of earning or increasing capital is trading. A new trader must try it with small amount and understands all the tips and tricks of this profession.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: Kupid002 on December 01, 2017, 07:49:52 AM
Mining no longer makes a lot of profit unless you were investing in bitcoin ASIC miner. So, trading the exchanger should be a good idea but you have to make the right pick.
Itís not a matter of which one that can be making profit or not, I think the first thing to take a look at is the risk that are involved. There isnít much risk in Bitcoin mining, the problem is that there isnít much profit coming from it. Trading is good, but you can only make profit from it only if you know what you are doing. You canít make profit if youíre not good in it. So for those with no experience, Mining is best, while Trading will be best for those with experience.
whenever you look for trading is more better than mining cause we may see a lot of potential and possibility that trading is more good cause it can give you a profit , mining can give you but not as much in a positive way on trading , just take the risk of this two.


Title: Re: Which is more profitable trading exchange or mining and why??
Post by: wayaneka on December 01, 2017, 08:01:57 AM
This depend on the skill, hoby, fashion and experience each person. But my personality I choosed also trading because for trading can learn about technical and fundamental analysis by my self in google and youtube. But for mining will be more difficult to learn it by self and should be any other person/miner guiding directly. And also trading promising higher profit than mining though the risk is higher.