Trading VS Bitcoin!

[batang_bitcoin]

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?

It is profitable and you can see a lot of people that are building their own rigs and even their mining farms but they are focus in mining of alt coins. If you are planning to do so, you should do your own research and compute the cost of your investment and as well as expenses. It is making sense to invest for building up your own mining rig for alt coin.

[iram3130]

Frankly, it is not profitable now to mine Bitcoin but mining done altcoins are still profitable, with all the process of rigs and electricity bills. If you are going for Bitcoin then learn trading and trade with caution. The price of all the cryptocurrencies are going up right now so wait for the right time to buy.

[AngelSky]

Frankly, it is not profitable now to mine Bitcoin but mining done altcoins are still profitable, with all the process of rigs and electricity bills. If you are going for Bitcoin then learn trading and trade with caution. The price of all the cryptocurrencies are going up right now so wait for the right time to buy.

If you not running a large scale miners with the low electricity costs to run it, you will not be able to run mining with the profit. Instead of the he can start trading with the little investment for trading in localbitcoins or Yobit.
As price rise people will greedily sell out their campaign earnings and make some more from that but that amount will make richer in future.

[Rinder]

Mining is not suitable for the most countries, you need a low cost energy to get some good income over bitcoin mining, and for those you need to invest over 10000 dollars, and well the return can be around 8 months as well 15 months. With those money you can invest into crypto and even over bitcoin that is going very well, soo you can get more income then with the mining process, being the difference the time to roi, because once you roi with mining its all pure profit and it will produce less and less coins but as long miners last.

[unluckyben]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

[Qinetik]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

If you trade, then it is better to  buy the famous coins. Most of the coins are just scams.

[crairezx20]

Mining is not suitable for the most countries, you need a low cost energy to get some good income over bitcoin mining, and for those you need to invest over 10000 dollars, and well the return can be around 8 months as well 15 months. With those money you can invest into crypto and even over bitcoin that is going very well, soo you can get more income then with the mining process, being the difference the time to roi, because once you roi with mining its all pure profit and it will produce less and less coins but as long miners last.

You have a point but not only bitcoin that we can mine there are still many alternative that we can make bitcoin. many people are building their own mining rig or a super pc that they can make much more faster than a normal pc..
Or building gpu rig.. most common and cheap.. you can mine altcoin that can more profitable if you hold it and wait for the price increases..
Look at our altcoin section many people here in forum are in altcoin section because some people there are mining altcoin and some of them are for trading purposes or bounties.. that i think we can earn more bitcoin if we do a bounties or mining altcoin.
Because now a days mining bitcoin is not really profitable unlike before..

[Vika0170]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

Trade can give not only a good income, but also losses. That's why beginners need to be very careful. The most important thing in trading is not to be greedy, but to gradually increase your capital

[Ayiranorea]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

Trade can give not only a good income, but also losses. That's why beginners need to be very careful. The most important thing in trading is not to be greedy, but to gradually increase your capital

With trading one should not be greedy. Need​ to be focused on the price movements​, which helps in making better and bigger gains. Greediness should also be avoided, only then profiting will be good along with gradual growth in the capital and the profit. When user becomes greedy without proper understanding will invest on shitcoins​and gets huge loss.

[betlord90]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

Trade can give not only a good income, but also losses. That's why beginners need to be very careful. The most important thing in trading is not to be greedy, but to gradually increase your capital

With trading one should not be greedy. Need​ to be focused on the price movements​, which helps in making better and bigger gains. Greediness should also be avoided, only then profiting will be good along with gradual growth in the capital and the profit. When user becomes greedy without proper understanding will invest on shitcoins​and gets huge loss.

In Addition we should bare some patience and understanding in certain situation so that we will not be fooled by those fudster and to know some certain events on when it will possibly pump nor gonna dump. Theirs nothing wrong to became greedy on tradings since mostly people who do greedy acts are those short traders and nothing wrong to accumulate some quick profits in short period of time.

[BlackPanda]

If you have the budget to buy mining equipment, it can be profitable in the long run. But it is necessary to calculate the ROI time well.
But the wise trade can be less costly than mining. It may be possible to earn good money in a much shorter time.

My preference is trading.

Trade can give not only a good income, but also losses. That's why beginners need to be very careful. The most important thing in trading is not to be greedy, but to gradually increase your capital

I agree with you . Trading in accordance with the conditions is the right thing. Greed will only make us get bad results. Besides bitcoin is the best trading medium available today. Mobility makes a lot of people use bitcoin.

[espante]

Mining has shown itself to nearly always be unprofitable in all but a few very specific circumstances, even just buying and holding tends to perform much better than mining. Trading on the other hand has risk but a good trader can consistently make money and accumulate crazy amounts of bitcoin.

[shadowdio]

for me trading is profitable because some altcoin will go huge dump then buy it and wait to go pump again, but mining no, mining is not profitable in our country because of high electricity bill.

[abel1337]

for me trading is profitable because some altcoin will go huge dump then buy it and wait to go pump again, but mining no, mining is not profitable in our country because of high electricity bill.

Most of us here loves trading because it is very easy to learn and we can get a large amount of profit in t depending on our capital. In mining it is depending on the country you have if you produce a high amount of electricity to get a lower electric bill.

[mattermaster]

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

[Nahl]

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

and still possible to increase again because most people predict the price will reach to $2000 even i'm still doubt about their predictions but indeed trading bitcoin will very much profitable and if OP had any plan with buying bitcoin and hold at least for next several months probably he would get huge profit

[bustomi]

Bitcoin is more easy to get profit, cause of the high price i think.., it could be more expensive..

[Potato Chips]

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

and still possible to increase again because most people predict the price will reach to $2000 even i'm still doubt about their predictions but indeed trading bitcoin will very much profitable and if OP had any plan with buying bitcoin and hold at least for next several months probably he would get huge profit

Why do doubt? Bitcoins price is $1800+ so $2k is not that far. you just said that keeping bitcoin for several months will indeed produce huge profit. doesn't that mean you believe bitcoin will increase a decent price in just a couple of months. i believe without a doubt that it can reach $2K this year.
Well, if you invested on bitcoin trading can help you increase your funds. in mining it depends on the electricity rate if its low mining will be better than trading because of low risk. anyways this thread has a misleading topic. read the op

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 

 

[batang_bitcoin]

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

[Barbut]

If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.