poetra2501
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April 11, 2017, 05:42:11 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Bitcoin mining is very difficult now a days and need a lot of investments. If anyone like mining he can go for an Altcoin mining. Since the introduction of PoS coins, mining opportunity are less and also few altcoins are premined too. I will advice for trading also as it is the very hot business these days and people getting good income from it. I see, most of the Bitcoiner is indeed the preferred trading to get the bitcoin income. Yeah I mean is trading altcoin, Not trading bitcoin. Because the trading bitcoin is needed a large capital than trading altcoin which have some cheap coins but have high of the volume.
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btcdiggingmaster
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2017, 09:59:43 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin.
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Omega Weapon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2017, 01:26:42 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) As a traders I think we make more profit than miner's. Bitcoin has been increased in values since the inception and traders make profit either the price of bitcoin is going up or felling. And because of the fluctuations in bitcoin price traders especially professional make profit every days. Though trading is very risky compared to mining the reward worth it. Trading is risky in primary stage but after spending enough time you get used to it and you can easily predict what can be the next movement and you will buy or sell accordingly and I think trading is the best way to grow your coins in quick time. In fact, trading or mining is equally lucrative, of course with a large capital. But I agree with you if we are a professional Trader, able to master all market analysis with all information from the various news and reading charts Market, it's will be great way to grow our Bitcoin than mining. Mining has now become an costly affair as it involves capital for buying equipment and also needs cheaper electricity cost or else it won't give you desired results and that is the reason now people are more moving towards trading to grow their bitcoins. Also as time passes is that mining is going to become less profitable as the block reward keep getting halved and with that mining is going to become more difficult especially from the economic point of view so it is better to trade than to mine at this moment.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2017, 01:34:21 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Not just it will consume your time but it will consume a lot of things. First, money, you need to have a big capital as given by Farma. If you don't have enough money for starting your own mining rigs and place be ready also for the expenses because it will eat a lot of electricity except you are living on a country that does have cheap electricity.
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Rent this sig space so that BTC goes to $100k.
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xypos
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2017, 10:01:41 AM |
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Both are good but in my opinion trading because mining takes a lot of time money patience and electricity ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 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? Depends on the details. It is reminding me the question to better hold bitcoins, or use them for trading purposes, and which is better option. Both questions have same answer- depends on amount of funds that you are willing to invest, trading experience and electricity price. If you are an experienced trader that has some money for start, then going for making profit on market is a wise move. But if you have a lot of cash for investing purposes, then diversifying your money is a good option: you can buy e.g 2 bitcoins to hold them and use additional 2 bitcoins to exchange some of them into alts-and make profit on the difference between opening price and price on which you get rid of altcoin.
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dadaas
Sr. Member
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April 12, 2017, 02:23:36 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) As a traders I think we make more profit than miner's. Bitcoin has been increased in values since the inception and traders make profit either the price of bitcoin is going up or felling. And because of the fluctuations in bitcoin price traders especially professional make profit every days. Though trading is very risky compared to mining the reward worth it. Trading is risky in primary stage but after spending enough time you get used to it and you can easily predict what can be the next movement and you will buy or sell accordingly and I think trading is the best way to grow your coins in quick time. In fact, trading or mining is equally lucrative, of course with a large capital. But I agree with you if we are a professional Trader, able to master all market analysis with all information from the various news and reading charts Market, it's will be great way to grow our Bitcoin than mining. Mining has now become an costly affair as it involves capital for buying equipment and also needs cheaper electricity cost or else it won't give you desired results and that is the reason now people are more moving towards trading to grow their bitcoins. Also as time passes is that mining is going to become less profitable as the block reward keep getting halved and with that mining is going to become more difficult especially from the economic point of view so it is better to trade than to mine at this moment. Yes at a moment trading is a better option in compare to mining as you can start trading even with a small amount and not huge capital is required like mining so start trading with a good capital and you will be making good profits out of it.
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cryp24x
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2017, 08:49:10 PM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Not just it will consume your time but it will consume a lot of things. First, money, you need to have a big capital as given by Farma. If you don't have enough money for starting your own mining rigs and place be ready also for the expenses because it will eat a lot of electricity except you are living on a country that does have cheap electricity. Just be a broad minded here. If you are a good with techies and have funds but not good with trading, what will you do? Trading is not for everyone, same thing with minings. I think it depends on which things the person have interest. You can easily say trading is best but actually have poor result in trading, the difference between this is that mining gives more possibility to earn bitcoin, simply by joining the pool and have a shared on the blocks that were mined. Trading can give you more profit if you are good with it. The thing here is, where are you good at. Then go with it to earn Bitcoin.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2017, 10:22:31 PM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Not just it will consume your time but it will consume a lot of things. First, money, you need to have a big capital as given by Farma. If you don't have enough money for starting your own mining rigs and place be ready also for the expenses because it will eat a lot of electricity except you are living on a country that does have cheap electricity. Just be a broad minded here. If you are a good with techies and have funds but not good with trading, what will you do? Trading is not for everyone, same thing with minings. I think it depends on which things the person have interest. You can easily say trading is best but actually have poor result in trading, the difference between this is that mining gives more possibility to earn bitcoin, simply by joining the pool and have a shared on the blocks that were mined. Trading can give you more profit if you are good with it. The thing here is, where are you good at. Then go with it to earn Bitcoin. We know the fact that trading is not truly for everyone but it can be learned. What if you are a techie person but you don't have something and doesn't have enough capital for making your own mining rig. But I agree with you, it's better to go where you are good at but you need to consider the expenses and your capital for it.
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Rent this sig space so that BTC goes to $100k.
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gabbie2010
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2017, 06:20:35 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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April 15, 2017, 01:08:49 PM |
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Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time.
But mining does not require your full time. Just one time set up is more than enough. But mining should be done in large a scale otherwise you could not manage the running costs to find profits with it. I believe an industrial scale bitcoin mining is much better than anything we could do, see many people are doing it in China and in Europe due to lower electricity cost and good climate conditions. Like this we must have one favour by natural so that we can find better results with bitcoin mining.
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virasisog
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 16, 2017, 07:04:52 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time. Other than that bitcoin mining will cost you a lot of capital to built a bitcoin mining hardware ,It is applicable if you are in the country that electricity bill is cheap ,you can take big profit .Meanwhile in trading everywhere you are you can trade you only need to learn and acquire skills . Being a full trader is not consitent and not assured you to always make profit but you have a better chance to earn it again in time .
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kryptqnick
Legendary
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Activity: 3192
Merit: 1397
Join the world-leading crypto sportsbook NOW!
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April 16, 2017, 10:38:49 AM |
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Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time.
But mining does not require your full time. Just one time set up is more than enough. But mining should be done in large a scale otherwise you could not manage the running costs to find profits with it. I believe an industrial scale bitcoin mining is much better than anything we could do, see many people are doing it in China and in Europe due to lower electricity cost and good climate conditions. Like this we must have one favour by natural so that we can find better results with bitcoin mining. Well, if you are talking not about online mining but about real miners you hold somewhere - you do need to be there a lot, because anytime something might go wrong with ventilation, electricity or just some parts of the miner. Trading is a lot easier and more risky than mining but is potentially a lot more profitable. Some coins grow up to +300% in price in a few weeks and if you guess which is the next one to grow in such a way - you get lots of money rightaway. And even if you bought a coin and the price fall down, you still have a chance it will recover (like litecoin) whereas if your miner is totally broken - say bye-bye to all the money you've invested in it.
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Wipro
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 16, 2017, 02:03:43 PM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time. Other than that bitcoin mining will cost you a lot of capital to built a bitcoin mining hardware ,It is applicable if you are in the country that electricity bill is cheap ,you can take big profit .Meanwhile in trading everywhere you are you can trade you only need to learn and acquire skills . Being a full trader is not consitent and not assured you to always make profit but you have a better chance to earn it again in time . Mining, I will also say it would not world until are a big whale in investing money and huge maintenance and cost of electricity is high. Trading is not you said, don't think you are not able to make profit at all the time because skill set and proper frequency in check the price frequently. Do not take in mind that you are unable to make profit in the when price high.
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jorneyflair
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 09:13:39 PM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time. Other than that bitcoin mining will cost you a lot of capital to built a bitcoin mining hardware ,It is applicable if you are in the country that electricity bill is cheap ,you can take big profit .Meanwhile in trading everywhere you are you can trade you only need to learn and acquire skills . Being a full trader is not consitent and not assured you to always make profit but you have a better chance to earn it again in time . Mining, I will also say it would not world until are a big whale in investing money and huge maintenance and cost of electricity is high. Trading is not you said, don't think you are not able to make profit at all the time because skill set and proper frequency in check the price frequently. Do not take in mind that you are unable to make profit in the when price high. Mining bitcoin has became a opportunity, but only for a people having enormous quantity of bitcoins, or just for rich people, that are looking for a decent way to invest their money. It is slighlty different with altcoins mining, because the difficulty and competition is smaller than on bitcoin, but it is still a business that requires tons of funds only to start doing it. Altcoin mining is also dominated by big whales, and no one can compete with them because they pretty much choose the environment which is the best for them, so even a group of people cannot compete with a company, that is specialized in altcoins mining.
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2017, 09:50:58 PM |
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Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time.
It's a traders perspective but for miners they are going to say that mining is much better than trading. It depends on where you are having gains, but since I don't have mining rig and I know how to trade and it gives me some good amount after some pumps and dumps, I will choose also that trading is better than mining.
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Omega Weapon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 01:33:50 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Not just it will consume your time but it will consume a lot of things. First, money, you need to have a big capital as given by Farma. If you don't have enough money for starting your own mining rigs and place be ready also for the expenses because it will eat a lot of electricity except you are living on a country that does have cheap electricity. Just be a broad minded here. If you are a good with techies and have funds but not good with trading, what will you do? Trading is not for everyone, same thing with minings. I think it depends on which things the person have interest. You can easily say trading is best but actually have poor result in trading, the difference between this is that mining gives more possibility to earn bitcoin, simply by joining the pool and have a shared on the blocks that were mined. Trading can give you more profit if you are good with it. The thing here is, where are you good at. Then go with it to earn Bitcoin. We know the fact that trading is not truly for everyone but it can be learned. What if you are a techie person but you don't have something and doesn't have enough capital for making your own mining rig. But I agree with you, it's better to go where you are good at but you need to consider the expenses and your capital for it. Not everyone can trade, but the startup costs make it a lot more of a viable option than mining, also even if you are not natural good at trading you could be able to learn by reading a few books and reading the forum.
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mrcash02
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 02:27:48 AM |
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Trading is much more better than mining once you have learnt all the rudiments of trading and becomes full time trader making profit will be consistent. But in mining you have deplore all the tools involved and it consumes a lot of power i.e electricity and takes much time.
It's a traders perspective but for miners they are going to say that mining is much better than trading. It depends on where you are having gains, but since I don't have mining rig and I know how to trade and it gives me some good amount after some pumps and dumps, I will choose also that trading is better than mining. Yes, it all depends the perspective you are looking through. For me, both, trading and mining don't worth very much, because I don't have trading skills and I don't have a mining farm to earn BTCs, so I prefer investments where I can put my money and receive passive income from the investment I made. It's not the most profitable method, but it's the safest method.
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Sadlife
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April 18, 2017, 04:54:30 AM |
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Will actually both is profitable It only depends when you actually know what you're doing If you have some skills in trading then you can gain great profit from it And if you're good in the technical stuffs then go try mining.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 05:03:42 AM |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Yes, you are right trading is always a better option when compared to mining because mining is very vast subject to learn, at the same time lot of time-consuming factors. So it is always good for the people who wants to trade altcoin or bitcoin. Not just it will consume your time but it will consume a lot of things. First, money, you need to have a big capital as given by Farma. If you don't have enough money for starting your own mining rigs and place be ready also for the expenses because it will eat a lot of electricity except you are living on a country that does have cheap electricity. Just be a broad minded here. If you are a good with techies and have funds but not good with trading, what will you do? Trading is not for everyone, same thing with minings. I think it depends on which things the person have interest. You can easily say trading is best but actually have poor result in trading, the difference between this is that mining gives more possibility to earn bitcoin, simply by joining the pool and have a shared on the blocks that were mined. Trading can give you more profit if you are good with it. The thing here is, where are you good at. Then go with it to earn Bitcoin. We know the fact that trading is not truly for everyone but it can be learned. What if you are a techie person but you don't have something and doesn't have enough capital for making your own mining rig. But I agree with you, it's better to go where you are good at but you need to consider the expenses and your capital for it. Not everyone can trade, but the startup costs make it a lot more of a viable option than mining, also even if you are not natural good at trading you could be able to learn by reading a few books and reading the forum. Well it's a fact that not all of us can trade and don't know how to start trading. But most of us will prefer to do this, as this doesn't need a bigger amount of investment and you don't have to have your very own mining rig just like what is required in mining. Because you can even get a lot of exchange sites for trading.
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Rent this sig space so that BTC goes to $100k.
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arransiv
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2017, 06:01:23 AM |
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Mining BTC is almost not profitable,as the hashrate has increased a lot.You have to have really powerful miners for you to be profitable,otherwise trading has always had it's risks but I guess if you undergo some kind of training you can make decent profit.I tried it,looking at a trader's tips but it turned out he wasn't a trader at all-or at least not a proffessional one.So keep in mind that you have to get your information from a good source
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