jovs
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July 27, 2017, 07:40:40 AM |
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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.
For some people they want to earn bitcoin in mining much more because it is effortless you will just buy equipment then wait for those equipment to mine you bitcoins. But in a real base scenario it is much better to earn while you working hard for it or you are the one who will manage it. Just like in real life world where for you to earn you need to do job to sustain you daily needs. And for you to be successful you need to be the one who are capable on doing the real thing such as investment and trading on bitcoin. In that way you can do something out of you hard work and management.
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maeusi
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July 27, 2017, 11:53:22 AM |
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Mining bitcoins can be profitable, if you work with low power costs, low taxes in your country and good hardware that needs to get upgraded frequently in dependence to mining difficulty. Trading is in my opinion like gambling. I don't expect trusty profits but would prefer trading if there only would exist the two possibilities.
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john yuan
Full Member
Offline
Activity: 154
Merit: 100
0x3a730F3323481De284C92Ad82764D095f188B41b
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July 29, 2017, 11:21:19 PM |
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BTC as a voting fund, is also a choice. How many people will choose?
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Emworks
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July 30, 2017, 02:43:47 AM |
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No doubt Bitcoin mining is a profitable way to earn bitcoin.but you need to understand that there's a lot of factor to consider, along with electricity cost, expensive equipment and quite hard looking the equipment needed. I do prepare trading, i think it is the best way for most people who wants to make a profit..we just need to equipt ourself to learn the basic and fundamentals of trading.
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kuryadi
Full Member
Offline
Activity: 182
Merit: 100
Buglab.io
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July 30, 2017, 10:16:30 AM |
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If you want to get a lot of profit you have to prepare your money. Big profits usually depend on a large deposit amount. Both are equally profitable. You will benefit if you do both. You can trade bitcoin .. on bittrex or other exchanges. Which you do only buy when the price is cheap and sell when expensive. If you use your mining method .. will earn income according to your deposit. If your deposit is big then your result will be big
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siddu1
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July 30, 2017, 12:51:02 PM |
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if you have big amount so you can start mining or you don't have big amount so you start trading... I hope you understand... best of luck thanks
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Silvercell
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July 30, 2017, 04:25:29 PM |
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i choose trading but it also involves some risk especially when you dont know anything about it you might get scam by some new coins,just keep eye open to watch price regulary
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Wicked17
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July 30, 2017, 05:43:18 PM |
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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 in a short period of time trading can be more profitable somehow because some coins pump x2 or more in a day or weeks. in mining you need gpu for you to mine a coin.. a monster rig the better.. more rig= more income for you.
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Pejoh Asu
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July 31, 2017, 02:33:48 AM |
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I do not think that bitcoin trading is very volatile, prices can go up and down hundreds of percent in just a week. This is a good opportunity for us to make profit rather than conventional trading (forex).
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gabbie2010
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July 31, 2017, 01:56:11 PM |
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I prefered trading to mining as far as trading is concerned I was personally involved in trading and I have seen a lot of prospect in trading to mining although some losses might be incurred while trading but in a long run a trader will be profitable with a proper money management.
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ladydark
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August 03, 2017, 06:15:38 AM |
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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 Mining had been profitable in early days of bitcoin but now since it could not be mined without powerful ASICs,it has become expensive and also cheap electricity is needed to get profits.But trading has been the most profitable and legit source of earning bitcoins.Trading could be even started with a small amount of 0.01 btc.Even though trading is risky,huge profits could be made with prior experience and correct strategy is followed.
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msarro
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August 03, 2017, 10:24:00 AM |
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I will avoid mining now as I don't have capital to invest in buying mining equipment and in my country the electricity cost is not affordable so I will invest my money in trading as you can earn good money from it if you have good knowledge.
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rohn
Member
Offline
Activity: 124
Merit: 10
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August 03, 2017, 11:34:14 AM |
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Mining is less profitable than trading because in trading, you won't worry that you will lose. Unlike in mining you have to provide equipmentto use and worry about the maintenance of the equipment and the cost of electricity you will consume. In trading, theincrease and decrease of value of coins is your chance to have high profit.
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stomachgrowls
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August 03, 2017, 11:49:25 AM |
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I will avoid mining now as I don't have capital to invest in buying mining equipment and in my country the electricity cost is not affordable so I will invest my money in trading as you can earn good money from it if you have good knowledge.
Good decision there buddy, Better not to jump on mining if the electricity cost on your country is very expensive since this would really be only profitable if you do have cheap electricity and you do have the money to fund on large scale mining for be profitable considering the difficulty on mining bitcoin is already high. Trading it would be an alternative way on earning bitcoin but we should really be still to be knowledgeable in order to make money out of it.
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SamsungBitcoin
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August 03, 2017, 01:10:57 PM |
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I prefered trading to mining as far as trading is concerned I was personally involved in trading and I have seen a lot of prospect in trading to mining although some losses might be incurred while trading but in a long run a trader will be profitable with a proper money management.
No doubt on that trading is much profitable than mining, also you can make much higher income if you would be lucky for the coin you trade. In mining is yoo hard to make income since value of bitcoin are continuous increasing. That is why lots of mini miners stop to mine and do trading to make good income
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boyptc
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August 03, 2017, 02:24:09 PM |
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I will avoid mining now as I don't have capital to invest in buying mining equipment and in my country the electricity cost is not affordable so I will invest my money in trading as you can earn good money from it if you have good knowledge.
You don't have to avoid mining, just simply don't get into mining and you'll be fine. There's an alternative way of earning and there's a lot of it, trading will always be the number one choice of all of us here. And you should know on yourself if you have good knowledge and you can avail to take the risk with it.
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Ferris419
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August 03, 2017, 02:45:35 PM |
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I will avoid mining now as I don't have capital to invest in buying mining equipment and in my country the electricity cost is not affordable so I will invest my money in trading as you can earn good money from it if you have good knowledge.
You don't have to avoid mining, just simply don't get into mining and you'll be fine. There's an alternative way of earning and there's a lot of it, trading will always be the number one choice of all of us here. And you should know on yourself if you have good knowledge and you can avail to take the risk with it. Majority of users will prefer to go for trading instead of gambling as you can trade from anywhere at any time and if you have good knowledge then it will become more easier for you to take an action that will be in your favor to make profits.
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Bitcoin is gonna hit 100K usd
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krisnt80
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August 03, 2017, 05:26:39 PM |
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Both options would be good but to mine at this stage you would need a big investment, and all weeks/months you would need to get more power, since difficulty keeps growing. Buying directly bitcoins, and be able to exchange them into fiat might be the best investment/return, since you can liquidate your coins and keep purchasing more and more coins, with this you able to raise your capital.
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batang_bitcoin
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August 04, 2017, 12:13:50 AM |
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I prefered trading to mining as far as trading is concerned I was personally involved in trading and I have seen a lot of prospect in trading to mining although some losses might be incurred while trading but in a long run a trader will be profitable with a proper money management.
I'll prefer trading for now too but I have my partner whose taking sometime to keep himself welcomed on mining. We're not going to mine bitcoin anymore as the difficulty gets higher, we're going to go with alt coin mining. It's almost the same with trading, we mine alt coins and just sell it as trading does. Both are profitable.
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ChronoLite
Sr. Member
Offline
Activity: 840
Merit: 250
www.guestcrew.com
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August 04, 2017, 01:33:00 AM |
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I choose both of this, in trading the possibility to earn was so high. Also, I think I have a potential in trading environment. Furthermore, I choose bitcoin too because this coins had large connection in crytocurrencies industry hence, bitcoin had a good credibility too.
The best source to gain money from Bitcoin with trading as you can earn maximum profit ever if you are lucky enough but also with high risk when the price suddenly dump. But, I'd prefer both of them since they are connected and you can't compare them.
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