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Author Topic: Trading VS Bitcoin!  (Read 58249 times)
Barbut
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May 17, 2017, 09:13:52 PM
 #261

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.



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May 17, 2017, 10:13:39 PM
 #262

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
Mining is easy and with no lose if the person is able to buy the mining equipment and if the person have some free electricity then he is more beneficial in that field while it is true that trading is risk but if a person know about trade then he can earn even more higher than mining without any risk.
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May 18, 2017, 06:14:24 AM
 #263

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
We can compare trading and mining of alt coins,why? Because nowadays it is not profitable anymore to do mining of bitcoins and even you habe mining rig, you will mostly get a high cost of electricity and the return is not that too high. If I were you just forget about mining of btc.

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May 18, 2017, 10:23:38 AM
 #264

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
We can compare trading and mining of alt coins,why? Because nowadays it is not profitable anymore to do mining of bitcoins and even you habe mining rig, you will mostly get a high cost of electricity and the return is not that too high. If I were you just forget about mining of btc.

Yes, the difficulty keeps rising so it is a waste for mining bitcoins. The cost of electricity is also increasing so it is better to go with altcoin trading, where we can make a little profit with the investment we made. Right now bitcoin investment is also risky because the price is kept increasing.

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May 18, 2017, 01:55:38 PM
 #265

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
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May 18, 2017, 07:33:17 PM
 #266

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
Mining bitcoin is not longer possible for ordinary Joe, serious mining is game of millions, 51% of total hash power is controlled by just five mining pools.
Buying BTC and trading is very much possible but it is nor necessary. If you don't need fast money then the simplest and the most effective way is buy and hold.
With every passing year bitcoin is growing, adoption rising, value increasing - that trend won't change, even despite serious scaling issues.


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May 18, 2017, 08:27:11 PM
 #267

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.



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May 21, 2017, 07:47:35 PM
 #268

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
I agree , having a mining rig is not a cheap way of earning bitcoin. It has some requirements first before you can start your own bitcoin mining farm. You need to have cheap electric bills inorder to gain more profit in your mining experience. Electric bills is a big deal when it comes to bitcoin mining.


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May 23, 2017, 05:31:07 PM
 #269

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
I agree , having a mining rig is not a cheap way of earning bitcoin. It has some requirements first before you can start your own bitcoin mining farm. You need to have cheap electric bills inorder to gain more profit in your mining experience. Electric bills is a big deal when it comes to bitcoin mining.

Well it is not easy to build computers for mining. Certain knowledge and arrangement of ur system has to be perpared and you have to have maintainance everytime cause it can be annoying sometimes if a long time has passed. Electricity bill can be dealt with i assume.

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HatakeKakashi
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May 23, 2017, 10:05:33 PM
 #270

I think both is good . Because trading bitcoin like holding this for few years make a lot of profit . Mining also is good can give you a lot of money but you need to buy equipment like miner, ventilations, and computer and etc to become successful to mine. And I think mining is porfitable to the country the cost  of electricity is cheap . Because if you country have expensive electricity I suggest to you dont minr buy bitcoin only like my country The electricity expensive so its not porfitable to mine here.

   

 
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May 23, 2017, 11:49:58 PM
 #271

If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

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May 23, 2017, 11:51:09 PM
 #272

If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

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May 24, 2017, 12:10:02 AM
 #273

Mining can be profitable if you have the enough capital to invest huge, and this condition makes this option unsuitable for most people. But fortunately the altcoin trading is a great option for all investors with the enough patience to learn how to do it properly, regardless of their financial possibilities.


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May 24, 2017, 01:17:16 PM
 #274

I think you should try to do altcoin trading. In profit wise, trading is good and in altcoin trading everyone could earn it, even you could use a little capital in it and earn money in everyday. But it is depend on you, if you have skill than definitely you will be succeed in altcoin trading. Otherwise in my view, mining it is not profitable than trading.
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May 26, 2017, 11:42:09 PM
 #275

If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.

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May 27, 2017, 12:41:08 AM
 #276

If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.
That was nice that you get your roi in only 3 months and you only used is your gaming pc. And i think the valur or rate of the electricity in your country is very cheap. I will recommend to you that you to build mining with own rig to make your earning much faster at your current earnings.
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May 27, 2017, 03:41:41 AM
 #277

If you begin mining altcoins and you pick a good one and the investment goes well then you can make lots. The mining will count as an investment. Exchanging Bitcoin to other transfer methods I assume you mean other coins or perhaps trading from fiat to Bitcoin in different forms.

I can confirm that mining of alt coins is good, there are the popular ones such as zCash and ETH. But it will always depend on your mining rig but also the investment you needed for building up your mining rig or farm is not that cheap. You should invest bigger money in able to get better results.

You right. I use just my gaming PC with s 480rx. Very nice card I got it about 3 months ago and I have got roi plus 25% profits which will be more when the value goes up for the coin I'm mining. I might upgrade a second pic. But ya I have no money for an actual rig yet.
That was nice that you get your roi in only 3 months and you only used is your gaming pc. And i think the valur or rate of the electricity in your country is very cheap. I will recommend to you that you to build mining with own rig to make your earning much faster at your current earnings.
As a individual i do not think it is ideal to make or build a mining site it is too expensive and right now bitcoin value is too high its hard to mine if you do not have quality rig miner. I think much better to stay in what he did because as he say that the roi is already get with 25% profit i think his next mine is all profit already.
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May 27, 2017, 10:20:33 AM
 #278

In my point of view, both of them can be profitable for you. But now you have to decide that whether you want to  trade or mining. If you have observed in recent characteristics of Bitcoin, then you can see that the price of Bitcoin is getting higher and higher, so Bitcoin trading could be more profitable than mining in terms of investment. Mining needs more money than trading.


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May 27, 2017, 11:04:19 AM
 #279

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
Both are profitable depending on which you want to choose which and all there must be risk both loss and profit because the result remains the same bitcoin


 
 
 
 
 
 
 
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May 29, 2017, 11:48:38 PM
 #280

Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.

If you are only starting to trade then it's fine to invest smaller amount of money. You can simply buy a portion of bitcoin and use it somewhere or any exchange that you will be satisfied on using it. But in mining, it's the big deal there, you must invest big amount for the mining rig you need in able to earn bigger.
to me  i think those people who  do not have any experience and who do not have any trading skill and knowledge they should try to simple hold their bitcoin and hope that after some time they will also get good profit.

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