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Author Topic: Trading VS Bitcoin!  (Read 58966 times)
sobsitesearch
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April 27, 2017, 02:09:34 AM
 #221

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.
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April 27, 2017, 07:34:05 AM
 #222

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

It's more profitable now to do mining of alt coins because the difficulty of mining bitcoin has increased because of the halving and it is going to keep on increasing for the next halving to come. Right now the price of bitcoin is increasing and it's now a good chance for you to buy some alt coins as most of them are into low state.


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batang_bitcoin
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April 27, 2017, 08:58:18 AM
 #223

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

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April 28, 2017, 04:58:57 PM
 #224

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin
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May 01, 2017, 09:07:07 PM
 #225

I really think that there is nothing better than trading, because holding bitcoin does not require any kind of skills.
All you have to know, is how to buy and transfer the BTC, and obviously how the basics of the blockchain work. You dont need any other knowledge about it, to invest into BTC (e.g buy 1.0 btc for a long-term)

The case is totally different if you are going to trade, and it does not matter if it is forex trading, stock market or even altcoin trading. All of that may give great opportunities for an experienced trader, but it is a very hard task to be successful on a longer term with trading. WIthout a proper education about the market you are trading, there is no chance to make a good, constant growth on your balance.

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achow102
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May 02, 2017, 05:10:01 PM
 #226

I really think that there is nothing better than trading, because holding bitcoin does not require any kind of skills.
All you have to know, is how to buy and transfer the BTC, and obviously how the basics of the blockchain work. You dont need any other knowledge about it, to invest into BTC (e.g buy 1.0 btc for a long-term)

The case is totally different if you are going to trade, and it does not matter if it is forex trading, stock market or even altcoin trading. All of that may give great opportunities for an experienced trader, but it is a very hard task to be successful on a longer term with trading. WIthout a proper education about the market you are trading, there is no chance to make a good, constant growth on your balance.

Yes, without experience and constant training, it makes no sense to go into trade. Trade is a way to increase the assets. So it is very important. Just keeping bitcoin is beneficial, but this will not increase the number of coins
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May 03, 2017, 11:08:49 AM
 #227

Trading is now best way because the price of bitcoin is increasing day by day
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May 03, 2017, 12:31:05 PM
 #228

Trading is now best way because the price of bitcoin is increasing day by day
So selling might BTC be profitable, buying not so much. I would rather avoid joining the hype and buy now just to catch a rising wave.
I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin
From my experience and the stories miners shared over years I can tell you that the best option would always be simply purchasing coins - not mining them.
At least that was 100% accurate in case of bitcoin mining.
SamsungBitcoin
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May 03, 2017, 01:23:09 PM
 #229

Trading is now best way because the price of bitcoin is increasing day by day
That is ok if you always trade the good coin or coin which is increasing its value daily. But in bitcoin you can not earn profit now because value of bitcoin is continuous increasing and you do not like to buy at the current price due to high value of bitcoin now.

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Samadur
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May 04, 2017, 05:28:59 AM
 #230

Trading is now best way because the price of bitcoin is increasing day by day
That is ok if you always trade the good coin or coin which is increasing its value daily. But in bitcoin you can not earn profit now because value of bitcoin is continuous increasing and you do not like to buy at the current price due to high value of bitcoin now.
You need to be tolerant and already forget about the excess profits on trade when you earn on the difference in the price of Bitcoin. It used to be strong leaps and differences in the pricing of the crypto currency, so there was an opportunity to buy cheap and sell expensive. Today this is not observed, So you need to be patient.
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May 04, 2017, 03:33:15 PM
 #231

Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.

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May 04, 2017, 05:34:13 PM
 #232

Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.
Yes unlike mining, we can expect bitcoin trading will be profitable forever even in the future too. I do believe once we learn bitcoin trading then it would be supportive for a living until end of our life.

But mining on the other hand, will not be profitable even for 10 months given to some big mining power, when difficulty increases we need to increase our mining power so that we can maintain same level of profits. I do see some people are re-investing some of their profits from mining for maintaining their hash power competitive all the times so that I guess they will be making profits continuously even with bitcoin mining.
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May 04, 2017, 09:03:50 PM
 #233

Trading is now best way because the price of bitcoin is increasing day by day

The price of bitcoin now is near to $1,600 and trading is really the best way for profit. Mining is hard right now after a lot of halving and there's more to come the difficulty level of mining bitcoin will increase. I don't want to suggest mining of bitcoin right now, if you want to get a better profit, go try to trade right now.
Yes unlike mining, we can expect bitcoin trading will be profitable forever even in the future too. I do believe once we learn bitcoin trading then it would be supportive for a living until end of our life.

But mining on the other hand, will not be profitable even for 10 months given to some big mining power, when difficulty increases we need to increase our mining power so that we can maintain same level of profits. I do see some people are re-investing some of their profits from mining for maintaining their hash power competitive all the times so that I guess they will be making profits continuously even with bitcoin mining.

It is profitable for those people that are already mining bitcoin. But for those people that wants to mine bitcoin for the first time, it is not going to be profitable. The ROI will be long time before you can get the return. Trading is a career, if you will get serious in it, that can be your tool to earn. It's up to you if you want to do it until you become old or not.

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May 05, 2017, 12:11:53 AM
 #234

If you already have miner, mining is still profitable and ofcourse you have to upgrade your miner for current and next difficulty . However trading also good source of income, but you play with risk. You have to control your mindset and greedy
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May 05, 2017, 02:00:24 AM
 #235

If you already have miner, mining is still profitable and ofcourse you have to upgrade your miner for current and next difficulty . However trading also good source of income, but you play with risk. You have to control your mindset and greedy
That's true. Without sound knowledge involving into trading activities is quite like a game in which we expect luck to stand on our side and profit us. Mining is effective way of earning depending on the investment affordable as well electricity consumption. Day by day advancement in technology​i s happening to which our equipment needs to support.

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May 05, 2017, 02:15:32 AM
 #236

Definitely trading but it also involves some risk especially when you dont know anything about it you might get scam by some scam coins so i suggest you do some research about it first.
Mining bitcoin has it's pro and cons also that's why before investing lots of money into it you should atleast has some knowledge about it.

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btcdiggingmaster
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May 05, 2017, 07:00:44 AM
 #237

I really think that there is nothing better than trading, because holding bitcoin does not require any kind of skills.
All you have to know, is how to buy and transfer the BTC, and obviously how the basics of the blockchain work. You dont need any other knowledge about it, to invest into BTC (e.g buy 1.0 btc for a long-term)

The case is totally different if you are going to trade, and it does not matter if it is forex trading, stock market or even altcoin trading. All of that may give great opportunities for an experienced trader, but it is a very hard task to be successful on a longer term with trading. WIthout a proper education about the market you are trading, there is no chance to make a good, constant growth on your balance.

Yes, without experience and constant training, it makes no sense to go into trade. Trade is a way to increase the assets. So it is very important. Just keeping bitcoin is beneficial, but this will not increase the number of coins

Trading always need experience otherwise simply you will loose your money, there are many people showing interest towards cryptocurrency trading but they don't have any proper experience on it. In the same way, bitcoin is also an investment you need to sell them and make money according to the market.
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May 05, 2017, 02:32:26 PM
 #238

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin

If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me.

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May 05, 2017, 06:36:36 PM
 #239

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.
Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income.
Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing.

Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort.

I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin

If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me.
But how profitable is extraction today if we look at the cost of equipment and, accordingly, the cost of the mined? Does it make sense to invest money in equipment in order to extract coins?
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May 05, 2017, 07:03:21 PM
 #240

If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me.
I read ETH is proposing to switch over to POS in near future so make future you will be spending at right time for mining rigs for the case of planning to mine ETH.

I am not sure why you people are looking for getting into process of mining as it will not be profitable in all the futures whereas trading will be consistently profitable for our life also over time we will be getting more experience so that we will be getting chances to make more profits. But mining profits will decrease over time.
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