is mining and TRADING THE SAME

[hasmukh_rawal]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

No way there are some big differences between mining and trading.Mining needs Greater hardwork and good equipments like ASIC or some powerful GPU which you cannot expect at cheap prices.whereas trading needs only a laptop with internet connection and you just need to take care of trades nothing else. Mining is little bit complex and tough comparing to trading. You need strong backup of heavy electricity which will again cost you some dollars and the environment must be good for Mining business .whereas trading can be done in your regular office or even in your home.

For me Trading is best way to earn than Mining, but you cant say it as easy because even trading requires some effort and time from your side.

[Bestwishes745]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

You are comparing a cherry with a tomato!
Mining has nothing to do with trading, mining with GPU in today's world is impossible and you will need some expensive stuff like ASIC miners or others to mine Bitcoins or different altcoins. Trading coins is a completely different subject and needs charting knowledge as well as basic idea about how to read them through the support and resistance levels and decide when to enter and where to exit. Trading is better compared to mining but is the riskiest way. I saw D3 allowing users to get their ROI in just a month after mining DASH coin so if you managed to get a D3 while roaming around, you must be in profit already atm.

Nice one buddy. Mining is different and trading is entirely different. If you want to sell or buy a bunch of bitcoin means,you can use the trading. But in mining, the bitcoin or any other altcoin will be generated with that mining. Bitcoin mining is the best of any other altcoin mining. You can choose that.

My words won't be much different than you people but I would also like to share my knowledge for the sake of OP.
Mining is the process of verifying transaction while it is also used for releasing new digital coins. For this, miners need powerful hardware’s and they earn by transactions fees.
Trading is about buying and selling any asset. Traders are not paid any kind of dues and they don't offer any services.

[wuvdoll]

Mining is a way using our computer  or any gadgets  to earn online
While trading is a way which you can buy and sell a pruduct

Really? Do you even have an idea of the kind of trading the OP was referring to? Moreover, it seems you have no idea of what you are even saying with the 2 things you are talking about on this forum. If we can all mine with just our systems, do you think we won't all be happily smiling today? Also, trading cryptocurrencies is what OP referred to which you obviously need your system or a good smartphone to achieve that, and it is not the regular buying of tomatoes and pepper.

[aoihs00]

That's really very complex situation that you are in! They are completely stuff and do not mix them in the first place. Trading is process of exchanging the goods/assets/things/commodities/valuables at desired prices and then later on reselling or buying back at higher rates to earn the profits on it. Now that's the trade we can call it.


When we speak about the mining, then there comes hardwares, electricity, block logic solving, hash rates, internet and much more! The heat and noise don't forget it when you say mining, because that's a lot of it there. :-) The mining operation actually consist of solving the blocks with the help of hardware capable of doing that. This is done from the pool who send you request for the same and once you solve any transaction you get rewarded for it. Obviously that's the really thought explain in one para here but that's what it is.

[doedz]

To get BTC mining is a good move, but it requires huge capital to buy VGA and other equipment. after you have BTC then you will automatically become a trader.
this is different but interrelated.

[coinplus]

which is safer, cloud mining or gpu mining?

By safer? I meant you are referring to which one will give you the best return without you wasting your money right ?
Both of them (depending)… With cloud mining, most of them are scammers and as far as I am concerned I have not been able to find any legit one that can get you what you invested back (not like it is even that easy realistically)... GPU mining on the other hand is no longer for bitcoin mining unless you want to be generating dust.

For some altcoins though, you can still give it a try and then convert to bitcoins. So, maybe you'd want to try that instead.

[Flomo]

Better you trade first, while knowing which coin is good for the mining, with your trading income can be faster spin and for the short term.

[albertvert]

which is safer, cloud mining or gpu mining?

By safer? I meant you are referring to which one will give you the best return without you wasting your money right ?
Both of them (depending)… With cloud mining, most of them are scammers and as far as I am concerned I have not been able to find any legit one that can get you what you invested back (not like it is even that easy realistically)... GPU mining on the other hand is no longer for bitcoin mining unless you want to be generating dust.

For some altcoins though, you can still give it a try and then convert to bitcoins. So, maybe you'd want to try that instead.

Ya Both Mining and trading is different. The amount of dollars, you get from both is purely based on the knowledge you have in both.If you wise knowledge in mining so you can involve in the Mining. You will get the very huge profit from it.If you want to get more bitcoin means, better go for the trading. But in trading. You should not get panic by seeing the price.

[henmark]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

You are comparing a cherry with a tomato!
Mining has nothing to do with trading, mining with GPU in today's world is impossible and you will need some expensive stuff like ASIC miners or others to mine Bitcoins or different altcoins. Trading coins is a completely different subject and needs charting knowledge as well as basic idea about how to read them through the support and resistance levels and decide when to enter and where to exit. Trading is better compared to mining but is the riskiest way. I saw D3 allowing users to get their ROI in just a month after mining DASH coin so if you managed to get a D3 while roaming around, you must be in profit already atm.

Nice one buddy. Mining is different and trading is entirely different. If you want to sell or buy a bunch of bitcoin means,you can use the trading. But in mining, the bitcoin or any other altcoin will be generated with that mining. Bitcoin mining is the best of any other altcoin mining. You can choose that.

Mining and trading are poles apart and I think there is no similarity between both except for one that both are ways of earning bitcoins. Trading is done on exchanges when you make deals of buying or selling bitcoins or other coins as well whereas in case of mining, you need to have good electricity connection along with good hardware for carrying out mining process.

[kamBlanV]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Mining and trading are very different.
Mining is earn Bitcoin by using tools Like GPU miner or antminer.
Trading is earn Bitcoin from buying and selling Altcoin to Bitcoin or Bitcoin to altcoin and you can use your laptop or PC.

[el kaka22]

In comparison between both trading and mining, I think trading is the best option where we can make more compared with mining. For mining, we need a lot of expenses to buy the equipment and setups but for trading, we need little expenses to make big profits.

You are not far from the truth brother! Mining is more of a way to keep having steady income over time with your rigs which can take a whole lot to setup, however once set up, the rest is easy. With treading on the other hand, your capital is all you need to keep running your trade and keep multiplying it and still being able to have back what you started investing with in the first place.

It comes with its own stress too as you need a whole lot of learning, dedication, and drive to trade well so you don't end up loosing what you have built. With what we have today, mining is a no go area for someone who doesn't really have much.

[xIIImaL]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Mining and trading are very different.
Mining is earn Bitcoin by using tools Like GPU miner or antminer.
Trading is earn Bitcoin from buying and selling Altcoin to Bitcoin or Bitcoin to altcoin and you can use your laptop or PC.

But the cost you have to afford for mining is hard and more than trading. After your investment you does not need to put your more efforts in mining always and that will automatically manage the mining process.
In trading you have to monitor the price value 24/7 and you need to set the trade value according to the price dump and bump.

[ricyptic]

Mining and Trading are very different though i am not used to it to mining but in Trading all you need to do is to go to exchange sites and fund your account to be able to buy and sell coins. What i know about mining is you have to buy GPU to start working and it is costly it can consume as well lots of electricity.

[Hamphser]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

You are comparing a cherry with a tomato!
Mining has nothing to do with trading, mining with GPU in today's world is impossible and you will need some expensive stuff like ASIC miners or others to mine Bitcoins or different altcoins. Trading coins is a completely different subject and needs charting knowledge as well as basic idea about how to read them through the support and resistance levels and decide when to enter and where to exit. Trading is better compared to mining but is the riskiest way. I saw D3 allowing users to get their ROI in just a month after mining DASH coin so if you managed to get a D3 while roaming around, you must be in profit already atm.

Nice one buddy. Mining is different and trading is entirely different. If you want to sell or buy a bunch of bitcoin means,you can use the trading. But in mining, the bitcoin or any other altcoin will be generated with that mining. Bitcoin mining is the best of any other altcoin mining. You can choose that.

My words won't be much different than you people but I would also like to share my knowledge for the sake of OP.
Mining is the process of verifying transaction while it is also used for releasing new digital coins. For this, miners need powerful hardware’s and they earn by transactions fees.
Trading is about buying and selling any asset. Traders are not paid any kind of dues and they don't offer any services.

Straight and direct to the point on comparing both things which is actually right. Mining is really different on trading since theres no apparatus involve or any operations have been done when you are trading on which being said mining does really need asic for you to mine bitcoin and gpu for mining altcoins which at the same time they do earn too on processing transactions.Trading is just like simply trading up a certain coin for a profits,exchanging them into other coins which you would able to buy and sell and possibly earn income on it which is basically doesnt involve any operations or on the need of something in able to do it.

[coolstory]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Mining and trading are very different.
Mining is earn Bitcoin by using tools Like GPU miner or antminer.
Trading is earn Bitcoin from buying and selling Altcoin to Bitcoin or Bitcoin to altcoin and you can use your laptop or PC.

He's very newbie I guess. Mining and trading are certainly different things. For mining, one needs only electricity, software and suitable hardware to start. For tradin, it requires knowledge about altcoins.

[streazight]

hello, how about cloud mining?
is there a cloud mining that is legit?
I have join before but I got scammed.

Most of them are pure scammers and even if you find one that isn't scam, it is best you just leave your funds in your wallet cause you won't even really get your R.O.I. (correct me if I am wrong though)… I guess since you have had an experience yourself from being scammed, there is no point saying too much. Find other best ways you can earn online. Mining is not for everyone.

[Monnt]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

You are comparing a cherry with a tomato!
Mining has nothing to do with trading, mining with GPU in today's world is impossible and you will need some expensive stuff like ASIC miners or others to mine Bitcoins or different altcoins. Trading coins is a completely different subject and needs charting knowledge as well as basic idea about how to read them through the support and resistance levels and decide when to enter and where to exit. Trading is better compared to mining but is the riskiest way. I saw D3 allowing users to get their ROI in just a month after mining DASH coin so if you managed to get a D3 while roaming around, you must be in profit already atm.

You are right. The Antminer D3 from Bitmain is like the most sorted after ASIC miner for Dash right now due to its efficiency and I cannot even wait to lay my hands on one once the next batch comes out. I recently told someone that over time, mining devices will keep coming out even at very good prices to make the mining industry more of a better place to want to delve into. With Dash mining, and the present difficulty level and as long as Dash doesn't get dashed in value, having my ROI in a very short period, how better can it be?

[JohnBitCo]

There is no way that anyone can compare Mining and trading. Mighty make it you that initial bit of money in the beginning that you could use for training but my name is never made money for anyone in the past year and trading has trading has the ability to make a lot of money very quickly and Mining has the ability to lose a lot of money for you over a long period of time.

[malikusama]

Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

Let me explain because it seems that you don't have an idea of trading and mining.
Mining is process of adding transactions on the public ledger of bitcoin (blockchain) after verifying it. This needs a proper setup of specific hardware and software, you can search it on by yourself too.
Trading is just is simple trading of currencies, buy cheap bitcoins or altcoins and sell them when the price is grown up. It doesn't need any special equipment (i.e hardware), your laptop or computer is enough for this.

[n0ne]

Mining and trading has its own characteristics as well profitability. Importantly both needs capital investment and depending on the investment made will be the earning. Mining becomes effective depending upon the system in which the mining gets incorporated, whereas with trading the market prediction about different asset with time variations help profit big.