Without much physical mentors with real life experiences except for YouTube and this forum where I feel I can ask good questions and be answered well, am asking, which is the more lucrative endeavour for a newbie hoping to benefit from cryptocurrency at first between Bitcoin mining and Bitcoin trading?
Bitcoin mining and trading can both generate profits, to choose one you must be able to distinguish which option is most supportive according to your initial capital, preferences and goals. Each option you choose has its own advantages and disadvantages, Bitcoin trading does not require a lot of capital, as a first step you can start with a small amount while gaining knowledge about trading and perfecting your strategy while you are on this forum. Becoming a Bitcoin trader requires understanding how to read charts, use risk management techniques and make the right choices. If you have mastered it, you can increase the number of your trades as your confidence in trading increases.
Meanwhile, Bitcoin mining can be profitable but requires large capital such as mining equipment and large amounts of electrical energy. Electrical energy costs are an important factor to consider when mining Bitcoin. If you live in an area with high electricity prices, Bitcoin mining may not be for you. Apart from that, you also need to carry out maintenance on mining equipment regularly to ensure the efficiency of your mining system.