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Author Topic: Trading VS Bitcoin!  (Read 58149 times)
Oilacris
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March 01, 2017, 05:17:49 AM
 #61

For me trading bitcoins is good that is if you know what you are doing don't be greedy in investing bitcoins because most of it are scams.
OP doesnt mention about investments and as we can see hes talking about trading or mining bitcoin. For me both would really be profitable as long you do have the right things that are being needed on each way.

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March 01, 2017, 09:46:44 AM
 #62

both are profitable, but in my opinion trading more profitable, and it certainly depends on your strategy.
mining is good for long term benefit, but risks such as difficulty level increases, the cost of electricity and damaged mining tool could be a factor in the future.

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March 04, 2017, 03:04:11 PM
 #63

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

you can earn from both ways, and you should go with mining if you have cheap electricity. Otherwise, you will only lose money, because bitcoin price will be too small than you need to earn profit.

And if you don't want to/can't mine bitcoins, then you should try trading, which will bring you profit if you know what you are doing. So it is better for you to read about it before starting trading.
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March 04, 2017, 10:04:15 PM
 #64

For mining there is no need of any experience, just we need investment to generate coin. But where as trading needs lot of experience, which make you more money once you are familiar with market. In long run both will give profits but we can make more money through trading only.

If you do cloud mining, you have to use a good site.
Tell me what amount you can earn in mining? This amount will be so small that I really doubt that it is possible to use the word earnings to this method. I think mining is a way to earn a few Satoshi to learn how to use cryptocurrency.
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March 04, 2017, 10:46:55 PM
 #65

For mining there is no need of any experience, just we need investment to generate coin. But where as trading needs lot of experience, which make you more money once you are familiar with market. In long run both will give profits but we can make more money through trading only.

If you do cloud mining, you have to use a good site.
Tell me what amount you can earn in mining? This amount will be so small that I really doubt that it is possible to use the word earnings to this method. I think mining is a way to earn a few Satoshi to learn how to use cryptocurrency.


Don't believe on such cloud mining they are all scam. Even you will find a "good" one that is just the beginning of their deception. Better to go and risk with trading of bitcoin/alt coin which is more reliable and legit type of investment.

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March 04, 2017, 11:55:19 PM
 #66

 it depends. If you have capital mining will be better as there are almost zero risk while for trading you need to know the technical know-how on how do it. Hence the choice is yours.
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March 05, 2017, 06:43:58 AM
 #67

Both are good but in my opinion trading because mining takes a lot of time money patience and electricity Cheesy

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March 06, 2017, 01:47:25 AM
 #68

Well i would advice you to buy and sell bitcoin with another payment option, this is risk zero to loose money, while at mining you have to check always your equipment, and if burn you have to repair, sure miners are for long term, but if your energy cost is high just dont start mine, just focus into daily, weekly direct trades.


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March 06, 2017, 05:47:59 AM
 #69

Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .


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March 06, 2017, 08:57:39 AM
 #70

Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.

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March 06, 2017, 09:40:06 AM
 #71

Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.
Speaking with complexity mining is more complicated than trading same as you said but we still need knowledge  on doing trading since its not easy to be profitable on it.Just like on mining they do have different field which we have to focus or learn on.

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March 06, 2017, 10:30:23 AM
 #72

Both will be good and it is profitable .In trading you can earn as much as you can but it requires skills and good predictions in the market . If you are going to mining i think it depends on your bitcoin mining hardware and it is a little bit expensive to buy . But it has no risk of losing bitcoins rather than trading activity .

Yeah both will generate profit. But in different way. In Trading, you can earn profit by exchanging different Altcoins and maximizing it's fluctuations. While in mining, your mining rigs are mining blocks either it is bitcoin or altcoin. You are rewarded by a certain coin for every block that you mine. Then you will sell your earned bitcoin and that gives you profit.

I think mining is more complicated rather than trading. Mining requires deep knowledge about the hardware; how to properly configure it etc. Trading only requires researchers for a certain coin you are to trade with. And don't require huge capital to start.
Speaking with complexity mining is more complicated than trading same as you said but we still need knowledge  on doing trading since its not easy to be profitable on it.Just like on mining they do have different field which we have to focus or learn on.
If you're highly skilled both are good forms to profit high. Trading can be done even with small amount of capital and based on the capital investment we can profit depending on the variation. With mining big capital investment is required for the purchase of mining equipment. Importantly with mining profit is based on electricity consumption to the coin generated. So depending on these factors people choose the one gets the increased profit.


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March 06, 2017, 11:05:14 AM
 #73

When it comes to investment, both are based on investment, trading is based on short term profits and bitcoin is based on long term profits. If a person is familiar with both of these will make tons of money with the skills he had, because trading need skills and bitcoin earnings based on according to upwards and downwards.

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March 06, 2017, 12:08:03 PM
 #74

Both are good but in my opinion trading because mining takes a lot of time money patience and electricity Cheesy
But it's still worth with our effort and i think why are a lot of the miners still doing his mining activity in this time?

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March 06, 2017, 03:53:11 PM
 #75

When it comes to investment, both are based on investment, trading is based on short term profits and bitcoin is based on long term profits. If a person is familiar with both of these will make tons of money with the skills he had, because trading need skills and bitcoin earnings based on according to upwards and downwards.

Buy low and sell high is the strategy everyone follows in trading but no one knows which is lowest or highest price to make a move as price may go down after you buy and opposite can happen after selling your coins as you may see higher price in next few days so its hard to decide the perfect time to buy and sell.

                                                                               
                
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March 08, 2017, 01:32:38 AM
 #76

Well i would advice you to buy and sell bitcoin with another payment option, this is risk zero to loose money, while at mining you have to check always your equipment, and if burn you have to repair, sure miners are for long term, but if your energy cost is high just dont start mine, just focus into daily, weekly direct trades.


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March 08, 2017, 02:25:48 AM
 #77

I hope trading is the best option for making money because we have to adjust our order according to market ups and downs. But whereas mining needs a lot of investment, through bitcoin mining when difficulty arises maturity of coins will take long. So when compared to mining, trading is more profitable.




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March 08, 2017, 02:59:45 AM
 #78

for me, trading is some work that can give us profitable in money, but we need to learn more about trading so we need to practice what we have learn. its interesting when we can watch the market, see the price is up and down, make analysis on some coins, decide on how much we want to buy and sell. for mining option, if we have more budget, then we can start our mining farm but before we do this, we need to make calculation about the cost so at least we can get some profit from mining too.

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March 08, 2017, 04:19:17 AM
 #79

Trading vs bitcoin is  like a match in a boxing game there maybe a winner and a loser, but here in digital currency they were partners. As bitcoin is used to trade to alternative coins, then bitcoin is a very vulnerable type of currency that will be earning profitable income on trading sites. However it has a bigger difference between fiat money trading and in digital currency trading which mostly traders of fiat currency was not familiar with and I think its not hard for them to adopt digital currency of bitcoin. The importance of bitcoin for fiat cash source is can be invested whether altcoins trade or exchanged to fiat money tradings; you have free will to choose.

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March 08, 2017, 06:22:44 AM
 #80

What is profitable? For me both are profitable trading of bitcoins and mining it but when it comes to mining it there's something new about it.

For newbies that wants to start mining, then it won't be profitable anymore for them but for those old miners still it's applicable.

That's why I said that they are still both profitable depending on what you prefer to do.

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