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Author Topic: Trading VS Bitcoin!  (Read 32620 times)
miningdude
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February 18, 2017, 08:46:51 PM
 #1

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  Smiley
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February 19, 2017, 05:25:40 AM
 #2

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.

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February 19, 2017, 06:12:28 AM
 #3

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.
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February 19, 2017, 07:12:31 AM
 #4

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.

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February 19, 2017, 01:56:00 PM
 #5

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..
Babayega31
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February 19, 2017, 02:22:31 PM
 #6

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.


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BlackPanda
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February 19, 2017, 02:54:16 PM
 #7

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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Teraboy
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February 19, 2017, 03:15:06 PM
 #8

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  Smiley
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.


 
 
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Zadicar
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February 19, 2017, 03:18:37 PM
 #9

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.

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February 19, 2017, 03:34:22 PM
 #10

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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February 19, 2017, 05:13:36 PM
 #11

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.

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February 19, 2017, 06:03:03 PM
 #12

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

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February 19, 2017, 06:59:14 PM
 #13

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.

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February 19, 2017, 11:42:59 PM
 #14

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.

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February 20, 2017, 06:10:35 AM
 #15

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.
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February 20, 2017, 08:42:51 AM
 #16

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  Smiley

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.


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btcdiggingmaster
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February 20, 2017, 09:19:34 AM
 #17

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.

Vaccinus
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February 20, 2017, 11:26:25 AM
 #18

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.

i don't agree trading is very risky, bitcoin mining is more secure, but not bitcoin mining directly but altcoin mining to convert for bitcoin later when you feel the time to do it, look at the altcoin section there are alternative asic for x11 and scrypt that are still good thing to have for generating bitcoin undirectly

Labumi
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February 20, 2017, 02:12:14 PM
 #19

I think they all have the same advantage, it just depends on who's going to do it. Because mining and trading has distinct advantages in the context of the time. To permanently mining profits and long term trading has 2 chances of long term and short term. Things that should think for us, and they all have the same level of risk but it also depends how you do it. So, they have the level and also the same volume only high or low depending on how we do it





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xIIImaL
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February 20, 2017, 06:14:48 PM
 #20

I think they all have the same advantage, it just depends on who's going to do it. Because mining and trading has distinct advantages in the context of the time. To permanently mining profits and long term trading has 2 chances of long term and short term. Things that should think for us, and they all have the same level of risk but it also depends how you do it. So, they have the level and also the same volume only high or low depending on how we do it

Mining might be provide same advandge due to halving and blocks were reducing into half but btc trading is not providing same advantage in all the time of trading. It just depend upon the value increasing and decreasing in the chart. I noticed many of the traders were buy at price is low and sell the bitcoins when it is high value.

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