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Author Topic: Which is more profitable trading exchange or mining and why??  (Read 1091 times)
grizmoblust
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November 27, 2017, 10:01:31 AM
 #41

I think trading will get more profit than mining now. Let buy Bitcoin and hold it. You will not be regret

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November 27, 2017, 01:31:08 PM
 #42

In recent months the difficulty in mining has increased a lot, I recommend trading with the currencies down because mining is hardly even giving good returns.

At the present moment, instead of investing in mining, I would buy bitcoin and keep it, because the valorization is yielding much more than mining. There are the mining in the cloud as well as the genisis mining that has some very cool yields and would be much better than investing in a machine to mine.

Just be careful with absurd profits that some miners promise as it can be a scam and you could end up out of harm's way


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November 27, 2017, 01:54:11 PM
 #43

In recent months the difficulty in mining has increased a lot, I recommend trading with the currencies down because mining is hardly even giving good returns.

At the present moment, instead of investing in mining, I would buy bitcoin and keep it, because the valorization is yielding much more than mining. There are the mining in the cloud as well as the genisis mining that has some very cool yields and would be much better than investing in a machine to mine.

Just be careful with absurd profits that some miners promise as it can be a scam and you could end up out of harm's way


i have noticed that also, maybe because the price of bitcoin increases that is why it really is hard for the miners to cope up right now, but overall if asked which is better, mining can be good also, as long as you have the resources and you can manage the financial needs for your resource. it will be difficult also if you don't have enough resources and you are just planning to build your own mining resource, it will cost a lot nowadays, and to think that there is also extra money you need to reserve for the maintenance.

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yanto@1977
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November 27, 2017, 01:58:04 PM
 #44

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

For me, trading exchange is more profitable than mining. Most people will agree with your opinion because they realize mining need more capital and hard work to understand how it works?. I believe you know the risk and which is the best to do about invest, you're an expert I think. But mining and trading has the same chance to become our way to make profit. Just take one, calculate and do the best. Good luck with you.

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November 27, 2017, 02:03:16 PM
 #45

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
for me the more profitable is mining, although initially has a large capital but the mining is a job that provides many advantages. even for me trade also gives big advantage but we should be able to understand market activity and also have to know a lot of information about trade.

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November 27, 2017, 02:08:14 PM
 #46

In trading you need to have some commission first in order for you to have a mining rigs and such but with trading you just need an internet and just a small commission in order for you to get profit.

Allan Ramanda
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November 27, 2017, 02:14:19 PM
 #47

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
it is true that you mention it, I also choose the trade, because with the trade makes me profit. but certainly not as easy as you say, if you are not careful in trading, especially with ico, you can lose your money, because investing has many risks.

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November 27, 2017, 05:32:24 PM
 #48

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
There are so many things you need to consider if you really want to go into mining and that would determine the profitability of the activity itself.

Mining can be as profitable as trading and does not require much effort than setting up your rig. However, when considering the type of gadget for which type of coin as well as electricity, this is what makes the difference.

Still, with trading, your capital is not totally tied down and you are more like using it to generate more, which is something you can make a whole lot once you are good, but that requires some effort and some huge work from your part. So, at the end, it balls down to each individual and which path they want to take. Both are good, but I will rather go for trading.


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buwaytress
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November 27, 2017, 07:03:10 PM
 #49

i have noticed that also, maybe because the price of bitcoin increases that is why it really is hard for the miners to cope up right now, but overall if asked which is better, mining can be good also, as long as you have the resources and you can manage the financial needs for your resource. it will be difficult also if you don't have enough resources and you are just planning to build your own mining resource, it will cost a lot nowadays, and to think that there is also extra money you need to reserve for the maintenance.

Er, actually, higher Bitcoin prices is better for miners. They mine Bitcoins to sell, to pay for maintenance, so of course higher prices mean more income. In fact, the theory that miners are the ones driving up prices partially holds true to me, since costs are increasing for them, they need wider margins of profit, so it makes sense that most newly-generated Bitcoins from miners would have a premium price tag.

Also, why do you think they're migrating to and fro between Bitcoin and Bitcoin Cash, if BCH wasn't ever going to go up in price? Mining difficulty is one reason, but definitely price attracts them, just like when Monero and ETH started rising in price.

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November 27, 2017, 07:15:57 PM
 #50

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
.
Both have risk it would really depend on which one you would prefer when it comes to duration of earning profits. Trading can really give you fast profit but would be somehow riskier compared to mining.The thing I doubt on mining is the cost since we do all know its very expensive and also mining difficulty do rise overtime.If you are really mining enthusiast then you will surely choose this over trading.



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November 27, 2017, 07:25:08 PM
 #51

It's not that easy, and it all depends on your skills as a trader. If you are a miner you don't really require any skills to read market or anything like that. You just need to invest and let the ASICs do their job. It's a real business, and trading requires on speculation and you skill to trade. Not saying mining is easy, since it requires a huge investment to be done properly, and you can start trading with just a few bucks and grow from there.

Of course that mining can be quite speculative as well, if you actually keep your coins. But if you earn then and sell them right away, then it's just a normal business. Which one is more profitable? Again it would depend on your skill, but with the same amount of capital (and I'm assuming it's big enough to actually set up a mining farm), I would say that mining would work best for the majority of people.
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November 27, 2017, 07:32:30 PM
 #52

There is no question that trading is profitable because you have total control over it. You can invest big or small depending on your capacity. As compare to mining or cloud mining which recently have been scamming people out of money. So I would never go to mining but will continue to go to trading, although there is risk, its up to the individual on how he/she mitigates it.
And that is really what makes trading fun. Once you can pay your dues by learning all the important things you need to learn at first, trading is way better.

It takes a lot to be able to get a lot from mining which before you even get your ROI will take some time. With trading on the other hand, you already have your capital which you can withdraw at any time but trading with it makes you keep increasing what you have.

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November 27, 2017, 08:01:32 PM
 #53

It is both risky buy I would rather choose trading in exchange.

The return of investment from mining takes a little while before you could feel the profit.
Why? The difficulty grew and there is a lot of competition there now.
Unlike with trading, you do it yourself. You rely on news and information about the coins that you are trading and not on just a computer calculating everything.
I think that is way easier although riskier than mining.

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November 27, 2017, 11:23:22 PM
 #54

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
Good to know that you have discovered the area that you have a comparative advantage and you are utilising it well. To some people mining is the best which mean they don't know how to trade crypto currency as compared to mining Bitcoin and altcoins. As for me, Trading is the best for me because I have ample knowledge of trading although, i don't even have enough money and electricity for mining business.

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November 28, 2017, 07:26:27 AM
 #55

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
Yeah , I agree with your example that which is better to go with the investment in with our bitcoin .
In the starting when I entered in this field then I was always looking for the mining sites but in actual that all gone wrong with scam , so I left everything realted with mining Because every cloudmining sites are scam only because they scam in 2-3 months by making big profit and loss for the investors .
After that I am making regularly trading to make money and with better conditions I am making better amounts of the earnings , here with the dump of the coin's price there remains always a chance that once the coin will jump and will make profit but in case of the investment in the site of cloudmining we can't make big Because our money will remain in the site Wallet and you will not be able to access them and also after the scam you will not able to make even a 1 Satoshi in the future .


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November 28, 2017, 07:37:52 AM
 #56

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
Since i have never experience bitcoin mining then I would agree to trading because your given example has points. Comparing both object will be great to know which is the better process despite of its differences. Trading is a big impact to double your money since that's what we all looking for.

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olubams
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November 28, 2017, 08:48:44 AM
 #57

Currently, I would take buying as a better option as against mining. Mining is just too complex for someone who does not know much about the technicalities that surrounds the configuration alone is enough to make me avoid it not talk of the cost of setting up the rig and to make it profitable. With all this, buying would save all that and wait for it to appreciate and you could get the profit maybe with longer time but surely lower effort.



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Hypnosis00
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November 28, 2017, 09:15:28 AM
 #58

It is profitable for me to just trade in an exchange because it is the best and not expensive way to make more money is to just trade some coins in the trading sites in the internet rather than spending thousands of dollars to just buy and afford a mining rig. If you are really into profitable and fast profiting business then trading is the best.

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sana54210
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November 28, 2017, 02:20:51 PM
 #59

In my sight, trading sites is much profitable compared to mining sites, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining 0.01 it took a long time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading like 0.01 and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?

How come you compared these two when obviously we all know who is much worth to try with associated risks.

Also BTC0.01 in mining can't take you to nowhere. Mining sites? Cloudmining? Even the legit ones can't give you good profit for BTC0.01 capital. But overall they have different background so comparing them isn't making a sense honestly.
Right. They are both totally two different forms of making profit and so many things have to be considered when thinking about the route to take.

Trading is more of it for me once you are good at it as you can make a whole lot from the amount of money you would have put into mining to be able to earn something good in the first place. Also, like you have mentioned, trading is something you can even start small, whereas mining requires some huge capital.


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iqlimasyadiqa
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November 28, 2017, 02:31:59 PM
 #60

In my sight, trading is much profitable compared to mining, though both of this job are needs capital but I choose trading as one of the good investment.
This is my example:
If you invest in mining it took a long period of time before you recover your investment and also you just need to spent much electricity. Are you agree?
On the other side, if you invest in trading and choose one of the better coins you can easily recover your capital together with your income, also in short period of time you can easily doubled or triple your investment. Are you agree?
I will choose Trading compared to doing Mining. I think that when I trade I can earn unlimited income, Trading gives me a chance to get more profit. while doing mining I think more static because usually nominal that we will get calculated and estimated, oh yes mining demanded to us to have a quality hardware device, because without good hardware then we will not get good results.

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