Trading VS Bitcoin!

[Bonakid]

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 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.

Yes I must prefer trading than mining.Mining is an expenses for example in usage of electricity and it is not profitable compare in trading your money here can be surely profitable and make an income after it.We all know that trading is one the best sources of income and an easy way to earned.

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[ReLieD]

Both are equally good when you own it's valuables in a huge amount. But adding both of them is the best option to make tons of profit. Think yourself , use Bitcoin to buy the necessities and then trade it to make profit.

[eminemcookie]

I would say that trading is the most profitable, but only for the best/luckiest traders out there. Trading is volatile so there will always be big winners and big losers. Whereas mining is a more static source of income.

[farhaan]

Mining involves an initial investment for buying powerful ASIC miners to mine bitcoins since bitcoins could no more be mined in CPU/GPU as it has become very complex.Availability of cheap electricity is a must to ensure good profits and for that reason only,china has the largest number of mining farms.

Trading is the most legit option for earning.It could be done even with a small amount.Even though its risky,still profits could be made and losses could be reduced if certain trading ethics followed.Getting panic should be avoided and FUD should not be given any attention.Analysis should be done personally to find the most under valued coin to get huge profits.

[jpoker272727]

Crypto has its risks as well beneficts, use bitcoin for trading is one of the best sources and easy way to make more money, sure isnt an easy task and not all of them will lead into the sucess and profit. There are a few altcoins being able to loose and recover while others just get dumped and left or used to pump and dump, each  person should always search about the coin and the use of it.

Trade in alternative coins is very dangerous. Especially if you do not have experience. Therefore, I recommend newcomers to trade only bitcoin and some coins from the TOP-10

In contrary, for me trading is one of the best source of income because we all know that alternative altcoins are worth it to buy. Some traders are earnings profit double or triple of their capital, that's why more people are encourage to join in exchange sites. definitely I'm one of the traders but I have lack of knowledge to be one of the best traders in bitcoin community.

You probably have a very good intuition. When I first came into the market, I did not manage to earn money. But I managed to lose them.  Therefore, I consider the trade very risky

Trading is a great way of making money in the form of bitcoin but we all should keep in mind that it is risky as well/ trading demands a lot of hard work and sound knowledge about coins and their market trends. It is not easy and sure that you are going to have profit every time you trade. Sometime trading puts you in great losses as well. I am not a big fan of trading that to with bitcoin.

[tengek37]

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.

But trading has a big risk because when we wrongly predict the price and wrong take the position then we will experience losses, different from the mining that would get results and there will be no lost.

[bohr]

Crypto has its risks as well beneficts, use bitcoin for trading is one of the best sources and easy way to make more money, sure isnt an easy task and not all of them will lead into the sucess and profit. There are a few altcoins being able to loose and recover while others just get dumped and left or used to pump and dump, each  person should always search about the coin and the use of it.

Trade in alternative coins is very dangerous. Especially if you do not have experience. Therefore, I recommend newcomers to trade only bitcoin and some coins from the TOP-10

Many people make the mistake of seeing a coin going up 800% in a day and think they could somehow be able to replicate that success and that is not going to happen, people need to understand that people that got those earnings in a day were just lucky that a pump group selected the coin in which they were invested so it is better at the beginning to only trade bitcoin and nothing more.

[Doell]

Crypto has its risks as well beneficts, use bitcoin for trading is one of the best sources and easy way to make more money, sure isnt an easy task and not all of them will lead into the sucess and profit. There are a few altcoins being able to loose and recover while others just get dumped and left or used to pump and dump, each  person should always search about the coin and the use of it.

Trade in alternative coins is very dangerous. Especially if you do not have experience. Therefore, I recommend newcomers to trade only bitcoin and some coins from the TOP-10

Many people make the mistake of seeing a coin going up 800% in a day and think they could somehow be able to replicate that success and that is not going to happen, people need to understand that people that got those earnings in a day were just lucky that a pump group selected the coin in which they were invested so it is better at the beginning to only trade bitcoin and nothing more.

right the pump group already has a plan and choose before it can even choose 1 month before the pump occurs , pumping can happen 2 to 3 days groups work together to raise the prices

[bitctrimor1]

I am new to the bitcoin market. But, based on what I have read, trading is more profitable but you need more capital; however, the risk that comes with it is the expectation that the value of the coins may fluctuate any time, but then again, if you are a high-risk-high-reward type of investor, then trading would fit you very well.

[tabas]

I am new to the bitcoin market. But, based on what I have read, trading is more profitable but you need more capital; however, the risk that comes with it is the expectation that the value of the coins may fluctuate any time, but then again, if you are a high-risk-high-reward type of investor, then trading would fit you very well.

Welcome to the bitcoin market. Both are profitable, mining of bitcoin (for the old ones who have been mining all of the time since the early days up til now but not for the new ones) and trading. You have only need to know the chances of reading the market by following the charts of a certain alt coin or bitcoin and then you can depend on it. There are groups who are trading, do mass buy and sell that is affecting the market because they are only for the profit.

[blckhawk]

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 

Well my answers is trading with bitcoin because I haven't try the mining yet. But I have my knowledge about those two, bitcoin mining is profitable in a long period of time while in trading you could gain profit both in a long period of time and in just a matter of time. However, you must have a enough knowledge on it because it can lead to loss of your money.

[ldah94]

The best way to start with cryptocurrencies is Saving or Mining because they are the least risky. although it´s quite difficult to mine with good profitability and to do so at home requires knowledge and a good amount of money to buy the equipment. Better to hire a company and participate in your mining pool so you do not have to do all the work and you have the machines working for you 24 hours.

On the other hand if you want to do trading, is the riskiest part, because the cryptocurrencies are very volatile, just as you can win, you can lose too. To start, we recommend first to handle a small amount of capital and continue to increase the amount invested according to your trading experience.

[noormcs5]

I am new to the bitcoin market. But, based on what I have read, trading is more profitable but you need more capital; however, the risk that comes with it is the expectation that the value of the coins may fluctuate any time, but then again, if you are a high-risk-high-reward type of investor, then trading would fit you very well.

Welcome to the bitcoin market. Both are profitable, mining of bitcoin (for the old ones who have been mining all of the time since the early days up til now but not for the new ones) and trading. You have only need to know the chances of reading the market by following the charts of a certain alt coin or bitcoin and then you can depend on it. There are groups who are trading, do mass buy and sell that is affecting the market because they are only for the profit.

True, both are profitable but now a days bitcoin getting more popularity and it is easy to deal then he is new in trading and also don't want to take a risk then bitcoin is better for him. In altcoin trading we need information about the coins. Recently i bought most of the coins but still i am in a loss, so i hold them for a time then i will take decision for those altcoins but bitcoin wise i am in a profit. So i will give me advice, do trading with bitcoin if you are new and want trading.   

[zeaderza]

i guess both have pros and cons.. but which ever suit your lifestyle will be the best

Yes, it is something which depends on your own self. Trading and bitcoin both are equally profitable. I will suggest you not to take the risk of getting into trade until and unless you know very well about trading. Bitcoin is far better option than that of trading and it can help you earn handsome amount of money. The chances of loss are less in bitcoin than that of trading.

[Bezobraznike]

i guess both have pros and cons.. but which ever suit your lifestyle will be the best

Yes, it is something which depends on your own self. Trading and bitcoin both are equally profitable. I will suggest you not to take the risk of getting into trade until and unless you know very well about trading. Bitcoin is far better option than that of trading and it can help you earn handsome amount of money. The chances of loss are less in bitcoin than that of trading.

   Both have have pros and cons with that I agree 19Mlmendoza82. It is not what suit your lifestyle,
trading and mining are two different things. You need to be financially capable for mining, with trading
you can start with $10. For mining you need equipment and place to set up mining rigs, for trading
you need tablet.
   Zeaderza trading is trading, bitcoin is something else. You can learn to trade with bitcoins, and in
that way to make more bitcoins, or you can keep your bitcoins and when value grows your profit
grows too. Your last sentence that chances of losing bitcoins is less if you keep them, profit is lower
too. More risk can be more profitable, but it is not called risk for no reason. Before doing anything you
need to think about your goals, when you know what you wish you will search about how to get to that.

[blockman]

i guess both have pros and cons.. but which ever suit your lifestyle will be the best

They have their own advantage and disadvantage and for me what's better is to trade and I would love to trade all the time. And it's makes me more excited as the price of bitcoin starts to move and keep on increasing as we reached another high price, another ATH. This is making me crave to have some more bitcoin by doing alt coin trading and selling of my alt coins in exchange of bitcoin.

[lenovo16]

Crypto has its risks as well beneficts, use bitcoin for trading is one of the best sources and easy way to make more money, sure isnt an easy task and not all of them will lead into the sucess and profit. There are a few altcoins being able to loose and recover while others just get dumped and left or used to pump and dump, each  person should always search about the coin and the use of it.

Trade in alternative coins is very dangerous. Especially if you do not have experience. Therefore, I recommend newcomers to trade only bitcoin and some coins from the TOP-10

In contrary, for me trading is one of the best source of income because we all know that alternative altcoins are worth it to buy. Some traders are earnings profit double or triple of their capital, that's why more people are encourage to join in exchange sites. definitely I'm one of the traders but I have lack of knowledge to be one of the best traders in bitcoin community.

You probably have a very good intuition. When I first came into the market, I did not manage to earn money. But I managed to lose them.  Therefore, I consider the trade very risky

Trading is a great way of making money in the form of bitcoin but we all should keep in mind that it is risky as well/ trading demands a lot of hard work and sound knowledge about coins and their market trends. It is not easy and sure that you are going to have profit every time you trade. Sometime trading puts you in great losses as well. I am not a big fan of trading that to with bitcoin.

Yes your right maybe trading is the best way to earn Bitcoin in a fastest way. But if you look at the it has been done you need to be knowlegdeable about the market. You mustbknow when is the right time to sell and buy BTC. For you to earn big profit. However in the mining, you need a enough capital make your investment more profitable.

[Qartersa]

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.

I agree in the sense that your decision should depend on your capacity to put in money. You cannot decide out of thin air. It has to have some basis. But to answer your question, mining is more profitable than trading although the former involves more risks than the latter. For one, you have to invest a hefty amount for the purchase of software and/or hardware. Two, you have to have the capacity to pay your electricity bills which really costs a lot.   

[yvesp110]

i guess both have pros and cons.. but which ever suit your lifestyle will be the best

Yes, it is something which depends on your own self. Trading and bitcoin both are equally profitable. I will suggest you not to take the risk of getting into trade until and unless you know very well about trading. Bitcoin is far better option than that of trading and it can help you earn handsome amount of money. The chances of loss are less in bitcoin than that of trading.

Trading is no doubt bit risky but the fact is you need to take risks in your life if you want to achieve something big. For me, trading is the best thing to do. I must say if you are trading and that of bitcoin, then this is the best thing and will result in huge amount of bitcoin. Bitcoin is also a good option. It all depends on your own choice and experience.

[tabas]

I am new to the bitcoin market. But, based on what I have read, trading is more profitable but you need more capital; however, the risk that comes with it is the expectation that the value of the coins may fluctuate any time, but then again, if you are a high-risk-high-reward type of investor, then trading would fit you very well.

Welcome to the bitcoin market. Both are profitable, mining of bitcoin (for the old ones who have been mining all of the time since the early days up til now but not for the new ones) and trading. You have only need to know the chances of reading the market by following the charts of a certain alt coin or bitcoin and then you can depend on it. There are groups who are trading, do mass buy and sell that is affecting the market because they are only for the profit.

True, both are profitable but now a days bitcoin getting more popularity and it is easy to deal then he is new in trading and also don't want to take a risk then bitcoin is better for him. In altcoin trading we need information about the coins. Recently i bought most of the coins but still i am in a loss, so i hold them for a time then i will take decision for those altcoins but bitcoin wise i am in a profit. So i will give me advice, do trading with bitcoin if you are new and want trading.   

You're mistakenly taking the word bitcoin from the title, it really means mining of bitcoin. I have to be against with your suggestion that you have to trade when you are new, I say that keep on learning and don't get into trading while you are new. You have to make sure that you are ready enough and willing to take the risk in trading since this type of market is unstable and keeps on moving.