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Author Topic: Trading VS Bitcoin!  (Read 58149 times)
bitsmichel
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May 30, 2017, 01:27:29 AM
 #281

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.

That's correct its better to hold bitcoins instead of jumping into trading without any knowledge as it will surely result in loss so the best thing would be hold bitcoins and meanwhile start learning trading as there are many videos available that will teach you how to get into trading so once you gain good knowledge you can start investing with small capital.

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May 30, 2017, 04:08:40 PM
 #282

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.

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May 30, 2017, 11:04:35 PM
 #283

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.
i do not think that trading alternative currency is such  a hard way of earning bitcoin. you just need to study about the altcoin where you are going to invest your money, and you can get any information about the coin from different sources.

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planfox
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May 31, 2017, 07:45:37 PM
 #284

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.
i do not think that trading alternative currency is such  a hard way of earning bitcoin. you just need to study about the altcoin where you are going to invest your money, and you can get any information about the coin from different sources.

To correctly make a decision you need to be able to analyze the information received. Unfortunately, novices can not do this and are mistaken. This then leads to losses. Therefore, to trade the best-checked currencies

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pecson134
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May 31, 2017, 10:45:00 PM
 #285

Trading bitcoins through other payment method is always a better way of earning provided that you know what you are doing. You should have the ability to weigh the profit  over the potential loss when starting to trade. You should always be updated on how prices are going everyday. Knowledge is still the best weapon when it comes to trading.


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June 01, 2017, 05:03:55 PM
 #286

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.
i do not think that trading alternative currency is such  a hard way of earning bitcoin. you just need to study about the altcoin where you are going to invest your money, and you can get any information about the coin from different sources.
yes trading altcoin is not such a difficult, but i think the most important is that you must have good knowledge about trading, because in trading altcoin, experience, skill and knowledge keep too much importance. and if you do not have knowledge about altcoin, then trading altcoin is really very difficult and there are more chances that you will lose your own money in trading altcoin.
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June 01, 2017, 09:52:45 PM
 #287

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.

If you are having hard time to do crypto trading then you must be able to choose only those alt coins that has good reputation. And for me, I find trading of alt coins easier than forex it is harder to predict and get profit in forex because I'm not that an expert there. And though I'm not an expert in alt coin trading, I can still profit.

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June 01, 2017, 09:58:55 PM
 #288

Trading is risky especially day trading, which could lead to massive losses. It takes a special type of person to short trade.

As an investment however,  without knowing what the future holds, holding your coins for a very long time is profitable. But then it won't be "trading"

Mining on the other hand,  can be very profitable of you have a large capital. I won't advice to do it small scale.
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June 01, 2017, 10:18:30 PM
 #289

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.

They don't have choice but to keep on holding their bitcoin and while holding their btc. They need to learn and study on how to trade, they can visit yobit and try to get some free alt coins and try to use it for trading but of course when it comes to free giveaways it's not that big amount and it's only worth if you are not busy.



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June 02, 2017, 05:19:57 AM
 #290

Trading is risky especially day trading, which could lead to massive losses. It takes a special type of person to short trade.

As an investment however,  without knowing what the future holds, holding your coins for a very long time is profitable. But then it won't be "trading"

Mining on the other hand,  can be very profitable of you have a large capital. I won't advice to do it small scale.
Very well said...
I also think that, trading needs to take risk, whereas investment needs a little bit less risk. But when you take more risk then you may get more profit.
On the other hand, mining is also profitable but you need to gather a large amount of capital. Mining also requires good predictions capabilities.   

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June 02, 2017, 02:19:35 PM
 #291

Trading is risky especially day trading, which could lead to massive losses. It takes a special type of person to short trade.

As an investment however,  without knowing what the future holds, holding your coins for a very long time is profitable. But then it won't be "trading"

Mining on the other hand,  can be very profitable of you have a large capital. I won't advice to do it small scale.
Very well said...
I also think that, trading needs to take risk, whereas investment needs a little bit less risk. But when you take more risk then you may get more profit.
On the other hand, mining is also profitable but you need to gather a large amount of capital. Mining also requires good predictions capabilities.   

Almost any financial activity requires capital investment. On this depends the profit that you will receive.
In trading, the amount with which you start trading is important. You can start with a small amount. But in this case do not rely on a big profit.
To start mining you need to invest a very large amount of money

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June 02, 2017, 02:49:05 PM
 #292

Trading is risky especially day trading, which could lead to massive losses. It takes a special type of person to short trade.

As an investment however,  without knowing what the future holds, holding your coins for a very long time is profitable. But then it won't be "trading"

Mining on the other hand,  can be very profitable of you have a large capital. I won't advice to do it small scale.
Very well said...
I also think that, trading needs to take risk, whereas investment needs a little bit less risk. But when you take more risk then you may get more profit.
On the other hand, mining is also profitable but you need to gather a large amount of capital. Mining also requires good predictions capabilities.   

Almost any financial activity requires capital investment. On this depends the profit that you will receive.
In trading, the amount with which you start trading is important. You can start with a small amount. But in this case do not rely on a big profit.
To start mining you need to invest a very large amount of money
Its the basic law of earning , If you have small amount of capital you will earn a small amount of profit to and If you have a large amount of capital the profit you will get will be large amount too. The thing is its just how much risk will you put on the line to earn the desired profit you want.


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Gotottack
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June 02, 2017, 03:19:58 PM
 #293

Trading is risky especially day trading, which could lead to massive losses. It takes a special type of person to short trade.

As an investment however,  without knowing what the future holds, holding your coins for a very long time is profitable. But then it won't be "trading"

Mining on the other hand,  can be very profitable of you have a large capital. I won't advice to do it small scale.
Very well said...
I also think that, trading needs to take risk, whereas investment needs a little bit less risk. But when you take more risk then you may get more profit.
On the other hand, mining is also profitable but you need to gather a large amount of capital. Mining also requires good predictions capabilities.   

Almost any financial activity requires capital investment. On this depends the profit that you will receive.
In trading, the amount with which you start trading is important. You can start with a small amount. But in this case do not rely on a big profit.
To start mining you need to invest a very large amount of money
Its the basic law of earning , If you have small amount of capital you will earn a small amount of profit to and If you have a large amount of capital the profit you will get will be large amount too. The thing is its just how much risk will you put on the line to earn the desired profit you want.



Amount is relative, what we should look at is how much we earned in it's percentage. If we earned about 100% from our initial capital, then that is really great regardless of the amount of our capital. Of course this gets harder the bigger your capital is, but that is what we should aim for. A high percentage of return.

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June 02, 2017, 11:21:01 PM
 #294

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.

Trading requires knowledge and there is no point jumping into the trading without any knowledge and experience. That way we will only lose the coins. Better to study first and then start trading. Keeping the bitcoin only and doing nothing is a sign of laziness. Wink

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ilovefeetsmell
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June 02, 2017, 11:47:31 PM
 #295

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
I think it's better to do trading than mining because you don't need special tools or even software to make it while mining has a special software to solve math problems. It was very complicated to do mining, many things to learn. Mining is a very significant way to make our bitcoin to be secured. It keeps bitcoin network stable and safe. Bitcoin mining is also creating new bitcoins like our paper money, but we can do it on our own while paper money doesn't. It was controlled by the government. The government decided on how much money to be sent to the public. They have the authorization to do that. You don't own a big part of gold because once the government knows that, they will take that from you. They can control the money.

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btc_angela
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June 03, 2017, 07:11:42 PM
 #296

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.

Trading requires knowledge and there is no point jumping into the trading without any knowledge and experience. That way we will only lose the coins. Better to study first and then start trading. Keeping the bitcoin only and doing nothing is a sign of laziness. Wink

On the contrary, I believed that it is much better to trade with little or at least basic knowledge only. And try to learn as you go a long. Because when you try to learn everything, you will probably missed a lot of opportunity to earn. And learning is never ending. When are you going to stop learning trading? So much better to invest only a certain amount that you are comfortable to loss and see how it pans out for you.

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June 03, 2017, 08:48:18 PM
 #297

I think that trading cryptocurrencies is much harder than trading on forex, because you never know if the crypto you want to invest in will remain for a longer time.
If you want to trade cheap coins, then be extremely careful.

If you are having hard time to do crypto trading then you must be able to choose only those alt coins that has good reputation. And for me, I find trading of alt coins easier than forex it is harder to predict and get profit in forex because I'm not that an expert there. And though I'm not an expert in alt coin trading, I can still profit.
I am getting mixed results even with reputed altcoins, they are not consistent with their price movements also there will be no guarantee that they will bounce back after a downfall unlike bitcoins. In cryptocurrencies, I have observed trading bitcoins against fiats is always profitable when not finding significant profits, I just hold my positions. So, it is always guaranteed for profit making.

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June 03, 2017, 11:40:52 PM
 #298

Both can be profitable if you trade you can make a profit but the profit is only a little result in the exception you trade that feel confident with a large capital that can be very profitable but it has a risk if we do not know how to trade.
Another case with mining you have to need big capital if you really want big profit too.

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June 04, 2017, 01:53:28 AM
 #299

I have a experience of trading and bitcoin that the reason i will vote for trading.
We have a choice to do altcoin trading and hold the bitcoin, it is a profitable for us.
But about mining, not everyone can do it, if you are ready to take risk than use big amount in it than it is possible to earn from mining.

                                 
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hawkins
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June 04, 2017, 03:17:58 AM
 #300

Probably between altcoin trading and bitcoin trading, I might prefer altcoin, because there are lots of coins we can get, and the price is cheap enough so we can get a large amount. If it sells in large quantities, I think the profit earned more than when you hold 1 bitcoin. And this you can do over and over again, because it has a small risk

R
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