BUK2016
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October 02, 2017, 07:36:51 PM |
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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 coins and trading coins is a different thing entirely. In mining you will need to make use of hardware like GPU with constant electricity. While trading is all about buying different altcoins or bitcoin at a lower price and sell at a high price, which require experience and constant practice.
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PancherBitCoin
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October 02, 2017, 07:43:18 PM |
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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 coins and trading coins is a different thing entirely. In mining you will need to make use of hardware like GPU with constant electricity. While trading is all about buying different altcoins or bitcoin at a lower price and sell at a high price, which require experience and constant practice. The fact is that the works can be learned and practice will come with time, and it's a little more difficult to earn a crypto currency in the financial plan, because the investment requires huge funds.
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Potato Chips
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October 02, 2017, 08:29:19 PM |
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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.
uh what do you mean? of course you can compare them but they are not very alike, they are entirely different thing in fact. But you can lose or gain money on both of them so i don't agree on what you've said that trading is greater than mining as both of them stands out based on someones situation. for example if your country has a low electricity rate then you'll likely be earning decent profits.
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mrbnson
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X-Block.io
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October 02, 2017, 08:38:32 PM |
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They are very different. Mining I would say is the easier way to earn but you need to have the right hardware. Trading 'actively' is more profitably probably but has more risk attached to it, however simply investing is probably the easiest and will likely net you a modest return over a period.
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Jack353
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October 02, 2017, 10:05:12 PM |
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Mining and trading are very different. In mining, you are using your computing power to "create" bitcoins. In trading, you are simply exchanging one cryptocurrency for another (think Forex/The Stock Market). The results of each will depend on your mining equipment and your level of skill at trading. The goal of mining is to create "guaranteed" long-term profits, while the goal of trading is to create "risky" short, mid, or long-term profits. Good luck! ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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skyline247
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October 02, 2017, 11:35:07 PM |
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Mining and trading are not only not the same, but they are entirely different altogether. Mining involves buying expensive hardware to run algorithms to product Bitcoin, and trading involves signing up to an exchange and essentially day trading cryptos to try to make a profit.
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albert11
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October 03, 2017, 03:04:38 AM |
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Trading and Mining are different. Trading is worth the Altcoins. And Mining is also using your computers to mine the BTC and other Altcoins. In trading as you buy it so that when its price increases you can sell it. And in the mining you use your computers to minimize this need to open 24/7 so you should have the high end computer you need
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super5star
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October 04, 2017, 07:57:16 AM |
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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.
I don’t think so that trading and mining are same thing in anyway. Both of them are entirely different from one other. Mining is just like holding of Bitcoins or any other coin in the world of digital currency. Whereas, trading is just like buying and selling of different coins. There is no similarity in between the two.
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ankylotic
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October 04, 2017, 08:35:31 AM |
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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.
both are different thing but both are profitable in their own expects. mining is little bit need efford to start and you need to put a proper setup for it to start but in the end it is very much profitable if the electricity bill of your country suits you. trading is mind game and you need to analyse the chart of crypto and choose good crypto to invest and make profit through it.
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Wittycoin
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October 04, 2017, 08:47:03 AM |
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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?
Ofcourse mining and trading is not the same. Mining is like investing, it takes very long time to earn big profit in mining, in trading, it is a reciprocal process, you exchange your asset to someone's asset. I think it is easier to earn in mining because you will only need to wait for the profit unlike in trading, you gonna need some skills like, timing and you need not to let your emotion dictate you what to do, but the good thing in tradig is that you can have bigger profit in shorter time of period.
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Bagaji
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October 04, 2017, 09:03:23 AM Last edit: October 05, 2017, 10:11:09 AM by Bagaji |
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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?
Trading is a good way of earning bitcoin though it require skills and knowledge of how trading in crypto currency works. Mining is also profitable but it require huge capital to buy the equipment and the cost of electricity is another major challenges.
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pureclckr
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October 05, 2017, 11:33:08 AM |
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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. Summing up, yeah mining and trading are two different things that work too much opposite. Mining is actually producing bitcoins and keeping the transaction records while trading is buying and selling of coins. In addition, yes if you are not from technical area and you want money, trading is much better for you than mining.
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RayDali0
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October 05, 2017, 11:51:51 AM |
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Different and similar risk.
If price dropping then the risk of loosing is ahead. But different as operation cost in different side. I m mining some, just cool
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Granxis
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October 05, 2017, 12:14:38 PM |
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If you have the right equipment, you can earn with mining, it is only necessary equipments. But trading, you have to have as much information as a stockbroker.
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samputin
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October 05, 2017, 04:27:39 PM |
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Mining and trading is two different thing, basically in trading, you need to read a lot of news about different altcoins that you are planning to purchase at the lowest price, and selling them away at a high price in order to gain some profits from the trades. If you plan to start mining bitcoin or altcoins, you need to purchase the proper equipment to start your own mining farm.
Yeah your right! And also in trading your profit is depends on the price of the altcoin that you want to convert. It is also need more patience, controlling emotoins and ofcourse investments/capital. While in mining it needs more strategy and equipments to produce more profit, and also on these there some mining that do need an investments and i think mining is safier than trading and also it less work than trading.
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ASHLIUSZ
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October 05, 2017, 04:38:23 PM |
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If you have the right equipment, you can earn with mining, it is only necessary equipments. But trading, you have to have as much information as a stockbroker.
Anyone can have the equipment in hands, if the user has the required amount for buying the equipments. With mining can get sustained earning, but with trading the market moves need to be observed very closely and based on the capital as well based on the closer prediction the user gets profited.
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Ahimoth
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October 05, 2017, 05:24:08 PM |
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If you have the right equipment, you can earn with mining, it is only necessary equipments. But trading, you have to have as much information as a stockbroker.
Anyone can have the equipment in hands, if the user has the required amount for buying the equipments. With mining can get sustained earning, but with trading the market moves need to be observed very closely and based on the capital as well based on the closer prediction the user gets profited. Actually if I have enough money to buy a mining rig then I would rather risk in it on trading or altcoins since I can earn somehow faster there with enough knowledge. For example, I would invest in different altcoins with popular demand such as those newly ended ICO that end up to be a success especially those that hit there max cap. Buying after hitting exchange and distribution of bounty pool will surely make a dump on first and end up going on a hard pump.
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Izarok
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October 05, 2017, 07:42:45 PM |
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Mining ≠ Trading both are entirely different thing. Both do generate profit but don't assume they are the same. Why? Mining (Crytocurrency) is like any other mining wherein you need equipments, gears and location but in terms of cryptocurrency what you will need is a system (ubuntu or windows), gpu, and what coin will you mine (eth,zcash,et al). On the other hand, trading is a term used for exchanging different tokens, altcoin and bitcoin in general which can generate huge profit it done right. Keep in mind that both has risk and generate profit but don't ever assume that they are the same because they are totally not.
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Zadicar
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October 05, 2017, 08:52:33 PM |
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If you have the right equipment, you can earn with mining, it is only necessary equipments. But trading, you have to have as much information as a stockbroker.
Anyone can have the equipment in hands, if the user has the required amount for buying the equipments. With mining can get sustained earning, but with trading the market moves need to be observed very closely and based on the capital as well based on the closer prediction the user gets profited. If you do have the money to spent on mining rigs then we are capable on doing mining operations which is entirely different on trading itself on which we would manually trade up coins basing on markets movements and talking on the risk i would say it is more riskier than on mining itself but when it comes to mining ROI would really be much longer considering on the mining difficulty do rise over time.
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Mobshady24
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October 05, 2017, 10:57:04 PM |
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mining are for those people who possess technical skills when it comes to computer so if you do not know that much regarding mining better stay out of it or else you will make your equipments get toast, even though there are lot of tutorials there and you are eager to start one better to have some expert regarding mining so he/she can assist you. as of trading it is the best possible way to earn bitcoin, all you need is to buy at a low price and wait it to boom and then sell just a pump and dump situation.
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