madwica
|
|
April 19, 2017, 06:51:20 AM |
|
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
Absolutely as we can see that the value of bitcoin is now higher and also hashrate are increasing and if you are now wanting to mine bitcoin i think this is not recommended much better to mine altcoin which has a potential to increase the value. Then it will be traded into bitcoin if you do that i think you will be a successful miner even trader because trading in altcoin for now is recommended than trading with bitcoin.
|
|
|
|
Omega Weapon
|
|
April 20, 2017, 12:17:51 AM |
|
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. It could be argued that trading is way safer than investing since most investments that you can find in bitcoin are not really investments but a money drain or a scam to begin with, in trading there are no scams the only thing you need to worry about is to do a bad trade and the occasional hack.
|
|
|
|
poetra2501
|
|
April 20, 2017, 03:41:17 AM |
|
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. It could be argued that trading is way safer than investing since most investments that you can find in bitcoin are not really investments but a money drain or a scam to begin with, in trading there are no scams the only thing you need to worry about is to do a bad trade and the occasional hack. If we want to invest, don't investing in any HYIP site or ponzy scheme. But we can invest with buy more Bitcoin when low price, hold it and sell when the price is high. Yeah maybe it's need a long time to reach the target but I think it's safely, not will be scam. If we can choose, certainly trading is better than investing.
|
|
|
|
Qinetik
Member
Offline
Activity: 65
Merit: 10
|
|
April 20, 2017, 10:54:37 AM |
|
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. It could be argued that trading is way safer than investing since most investments that you can find in bitcoin are not really investments but a money drain or a scam to begin with, in trading there are no scams the only thing you need to worry about is to do a bad trade and the occasional hack. If we want to invest, don't investing in any HYIP site or ponzy scheme. But we can invest with buy more Bitcoin when low price, hold it and sell when the price is high. Yeah maybe it's need a long time to reach the target but I think it's safely, not will be scam. If we can choose, certainly trading is better than investing. That is right. When the bitcoin price is below $1100, I will buy some. When it is over $1200, I will sell some.
|
|
|
|
sobsitesearch
|
|
April 21, 2017, 12:30:41 AM |
|
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. It could be argued that trading is way safer than investing since most investments that you can find in bitcoin are not really investments but a money drain or a scam to begin with, in trading there are no scams the only thing you need to worry about is to do a bad trade and the occasional hack. If we want to invest, don't investing in any HYIP site or ponzy scheme. But we can invest with buy more Bitcoin when low price, hold it and sell when the price is high. Yeah maybe it's need a long time to reach the target but I think it's safely, not will be scam. If we can choose, certainly trading is better than investing. That is right. When the bitcoin price is below $1100, I will buy some. When it is over $1200, I will sell some. I recommend that you should used your capital in trading an altcoin much better income there than waiting for long time to happen what you expected, bitcoin value is now hard to predict, some users waiting for the dump of bitcoin price because i know that more users sell their bitcoin because of the current price.
|
|
|
|
Hotel_Prodeo
|
|
April 21, 2017, 03:53:13 AM |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
|
|
|
|
BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
|
|
April 22, 2017, 01:50:27 PM |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets.
|
|
|
|
shintosai
|
|
April 22, 2017, 02:15:47 PM |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets. that's right, we haven't have concrete evidence yet but for sure many businessman who have knowledge about forex are also inside bitcoin as they always finding more ways to earn money, bitcoin really give us opportunity to earn online if we understand how to play with it.
|
|
|
|
Kemarit
Legendary
Offline
Activity: 3262
Merit: 1386
|
|
April 22, 2017, 04:01:19 PM Last edit: April 23, 2017, 06:40:41 PM by Kemarit |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets. that's right, we haven't have concrete evidence yet but for sure many businessman who have knowledge about forex are also inside bitcoin as they always finding more ways to earn money, bitcoin really give us opportunity to earn online if we understand how to play with it. I also believe that their are big entities or whales behind forex that are moving toward the bitcoin trading scene. Bitcoin trading provides them a new arena to play with and to earn huge amount of money by manipulating the prices like what happen to alt-coins (pump and dump). Even though this practice is fraudulent, we cannot stop someone from doing it specially the whales. So we need to keep a careful eye on the market trends so that we are not left behind if there is a dump.
|
|
|
|
aTriz
|
|
April 23, 2017, 02:31:08 PM |
|
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.
That doesnt work like that, why would anyone who is into "technical stuffs" start mining, without required equipment? Of course that you can do it with PC, there is no problem but what is the point in doing that, if you will just simply pay more for the electricity than you can obtain from such an activity? Mining is only recommended for people who are really know what are they doing, and it has become rather a luxury way to get bitcoins, because the amount of funds needed to start a well developed mining projects costs even more than 10-20k$. Without that money, you should not even learn about mining (unless you want to go with altcoin mining).
|
|
|
|
Victorycoin
|
|
April 23, 2017, 03:15:16 PM |
|
Ever since bitcoin underwent the block reward having mining has become less profitable for bitcoiners with small rigs leaving the competition to mining firms. Which leaves us with bitcoin trading to profit from.
do bitcoin mining today is not the best choice. we can benefit more by doing trading bitcoin . This has been proven and make a lot of money. Why bother to venture into a field where you spend so much to get an equipment that becomes obsolete in no time? Maybe there is a conspiracy somewhere by the Chinese equipment manufacturers and miners to monopolize Bitcoin mining and purse the course of BTU as seen today and to that I see a genuine cause for concern from the rest of the community as looking the other way have never solved any problem before.
|
|
|
|
Free1bitco.in
|
|
April 23, 2017, 06:12:14 PM |
|
Maybe trading will be more profitable, because so many options in trading, whether it is forex trading, or trading altcoin. You can choose which one you like. But you can only invest in bitcoins, and even though the price goes up, it's very difficult to make a 2x profit.
|
|
|
|
ModGirl
|
|
April 23, 2017, 10:41:11 PM |
|
Maybe trading will be more profitable, because so many options in trading, whether it is forex trading, or trading altcoin. You can choose which one you like. But you can only invest in bitcoins, and even though the price goes up, it's very difficult to make a 2x profit.
Trading is definitely a way to get more profit because trading is for making money and nowadays it will give much high profit if a person will invest his money in bitcoin because of the rising price of bitcoin and because of its increasing demand.
|
|
|
|
Den55
|
|
April 23, 2017, 10:43:22 PM |
|
Trading is good
|
|
|
|
xypos
|
|
April 24, 2017, 10:56:41 PM |
|
Maybe trading will be more profitable, because so many options in trading, whether it is forex trading, or trading altcoin. You can choose which one you like. But you can only invest in bitcoins, and even though the price goes up, it's very difficult to make a 2x profit.
Thats right, but it is the common thing about almost every investment, it takes a really big effort and a lot of time to double the amount of the initial investment. That is why I cannot stand all the people that tend to believe that it is ultimately easy to make your amount od bitcoins doubled or tripled, but all of that is just simple nonsense. The only scenerio in which you could have earned a lot of money, would be a very lucky incident, such as buying 400$ total of altcoin worth 0.02 per coin, and a month after that the price would be equal to 5$.
|
|
|
|
phaddie
|
|
April 25, 2017, 01:30:34 AM |
|
Maybe trading will be more profitable, because so many options in trading, whether it is forex trading, or trading altcoin. You can choose which one you like. But you can only invest in bitcoins, and even though the price goes up, it's very difficult to make a 2x profit.
Trading is definitely a way to get more profit because trading is for making money and nowadays it will give much high profit if a person will invest his money in bitcoin because of the rising price of bitcoin and because of its increasing demand. Trading altcoin is better option then trading bitcoins as the price of bitcoin doesn't move higher drastically which is possible in altcoins so to make quick profits I will prefer to go for altcoin trading.
|
|
|
|
virasog
Legendary
Offline
Activity: 3150
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
|
|
April 25, 2017, 04:43:29 PM |
|
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.
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it. On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Omega Weapon
|
|
April 26, 2017, 01:01:35 AM |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets. Another benefit of bitcoin is that you can begin to trade with sums of money that are ridiculous low compared to what you will need in forex, in forex you need at least a few hundred dollars and probably you need more than that a few thousands, but in bitcoin you can begin trading with very few dollars.
|
|
|
|
hello_good_sir
|
|
April 26, 2017, 09:35:10 PM |
|
Since the existence of the bitcoin make trading ways change, first I must deposit with wire transfer to the bank, when the verification takes a long time because of the need to submit proof of the transfer, but after the existence of the bitcoin make deposits and withdraw becomes easier.
Bitcoin makes things easier. Now we may already know forex, but because of the bitcoin trading we can switch. Trading bitcoin into a way that most preferred traders in the world. They easily and quickly understand how bitcoin prices move well in world financial markets. Another benefit of bitcoin is that you can begin to trade with sums of money that are ridiculous low compared to what you will need in forex, in forex you need at least a few hundred dollars and probably you need more than that a few thousands, but in bitcoin you can begin trading with very few dollars. The exactly same thing is about investing through some brokers on stock market, or even forex. You usually need big amounts of money to just start trading. There are only few places when you are able to start with as much as 20$ on forex, and there is totally no point in going on stock markets with that amount. Cryptocurrencies basically provide you a way to start trading on really small positions without any big risk that you will lose big part of your money:as it is with margin call.
|
|
|
|
batang_bitcoin
|
|
April 26, 2017, 10:02:54 PM |
|
So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it. On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.
Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it.
|
|
|
|
|