mining or trading??HELP ME!!!

[makototachibana]

I'm newbie ,
im selected get bitcoin,how to get....!
 Helpfull

I'm not really with you n your question but I think that you're wondering whether you should mine or trade, personally I recommend you to trade first, just because mining might takes lots of your time due to electricity costs and ridiculous prices for the asic miners - it will take you anywhere between 250- infinite days to break even. After that time you make a slow profit. You have a high initial investment at high uncertainty. In contrast, trading (let’s say investing: buy and hold) helps you get the real thing! You start making a profit from day one onwards.

[juiceannabel]

I'm newbie ,
im selected get bitcoin,how to get....!
 Helpfull

Relax, don't panic. You can do both mining and trading. both will makes you gain profit.
trading, if you brave enough to take the risk price fall,
mining, if you have enough money to buy the mining tools.

[rickybtc]

Thankss a lott my friendsss u are good skil crypto

[Agathai]

I'm newbie ,
im selected get bitcoin,how to get....!
 Helpfull

I do not understand the clarity in your question? If you have bought BTC, there is no need to bother about recent volatility market. Just hold it and relax for a long time. If you want to earn bitcoin, be able to invest, mining or trader. Like I learn, increase your knowledge of cryptocurrency and pick trader and invest a bit.

[supto005]

I'm newbie ,
im selected get bitcoin,how to get....!
 Helpfull

As a newbie don't so hurry! Take your time to choice what's best for you!
But i would like to prefer Trade which is i think better than mining. But here a condition that was you need to more study about Trade and also give more time for trade if want to select Trade!

[moetimas]

actually both are profitable if you are good at choosing. mining, the first thing we should think about is the cost of assembling mining equipment and also the calculation of the cost of electricity, not to mention you will be dealing with giant mining machines (so think carefully). trading, if you have skills in this field, it is also advantageous, provided you can choose a good coin and have potential, in this case you can do daily and long term trading (20 top from coinmarketcap can be a reference for you).

[Slow death]

mining or trading??HELP ME!!!

Mining has its costs and involves some knowledge so that you can mine, but I believe it should be a good experience, I am also doing some research, gathering some knowledge and pooling some funds to start mining in my own country. then you should do research on mining:

- Mining

- Mining (Altcoins)


do trading is something much riskier because you are very dependent on the exchange, that is to say, the case where you deposit  $3000 in Neo for example the  $3000 in Neo does not arrive in your exchange account, you send a ticket to the support and support ignores you. In that case you lose your money or you can do something else, buy some currency and hold the wallet for a few months that you will make a profit at the end of a few months. do research on trade and exchange to have more knowledge

[reck1ess]

If you're a first timer in the world of cryptocurrency, I suggest before going to these two activities (mining or trading) you need to learn first the fundamentals of cryptocurrency (How to's, Do's & Don'ts, etc) and you must be able to understand how the market moves and what are the in's and out's of cryptocurrency world. About mining or trading, If you have big enough capital to invest for the necessary equipments on crypto mining then go for it. However, if you want your crypto experience to be more less hassle go for trading, but you need to more aware of the price volatility of bitcoin because if you're not you'll lose most of your investment. I hope this may help, good luck to your crypto journey! 

[bit-freedom]

If your electricity cost is low enough, you can try mining bitcoin. One good way is to use a mining profitability calculator to determine.

Buying bitcoin from the market will be an easier choice.

[rickybtc]

Thank you for your concern

[Klestar]

Well, both are viable metjods if earning profits in the cryptocurrency world if you have proper and high quality equipment, especially with bitcoin mining. A good amount if background knowledge, Plan Bs, and lastly has a good knowledge and is good with troubleshooting. And oh I forgot, you have to have a good and stable internet connection so you won't experience hassles with your mining/trading experience. I hope this clears things up for you.

[Xanxus024]

I suggest try to explore more before you decide, For me I prefer trading than mining but it depends on you, Both strategies are risky and besides mining bitcoin now is not profitable for me.

[Caesar-Giulius]

Are you referring to buying bitcoin instead of trading? If you don’t have any experience in trading, it is better to learn the skill before starting to trade.

[GideonGono]

I'm newbie ,
im selected get bitcoin,how to get....!
 Helpfull

For me I prefer because your a newbie trading , trading can easier gain some profit using the well known method the buy low and sell high method , which means that buy low when the coins are dumping and sell high to gain some profit. Through mining it's one of the most effective way to earn but it's not profitable because of the expenses you need a highly cpu that is necessary when you are mining.

[yonghaseo]

You can do both. But remember, invest only the money you can afford to lose, because all investments are risky. Well, as i can see you're a newbie here's how you earn crypto here. If you don't have extra money to invest, you can do the signature campaigns or bounty campaigns. Do that first so you can gain more information on how to earn money more. If you have a capital of money then you can do trading but it's a little bit risky, you have to look at your time for the price changes. But you can also do long term. There's also cloud mining, all you to do is invest your money there so you can buy petahashes, and you can earn crypto. Just take time to read others posts here, you will figure out it later.

[wack slacker]

It is best to learn how to minning and then learn more about trading. Minning helps you earn a stable and sustainable income. Trade will increase your wealth. During the digging, study hard and you will succeed. Good luck

[marabanda]

If you are a beginner, it is better to begin with the mining ... less analysts, so much knowledge is not needed. Also a trader often has problems with nerves ... so in my opinion everything is obvious.

[DomainTorrent]

If you have the money and the knowledge, mining is good. Profit depends on how much you capitalize and how much you really know about mining. It's not easy though and requires a lot of hard work, dedication and perseverance. You likewise need to have a good background on basic accounting as there are a lot of factors that you have to consider like costs, expenses and the like. However, with trading you can start with a small capital. Of course, it's not wise to immediately pump a big amount of money and then dive in to trading recklessly. Gradually start with a little amount, study the ins and outs of trading, get a taste of it and when you find it profitable for you well then you can little by little increase your capital and earn more.

[Yamifoud]

Both are in good profit gaining activities, but it differs only on capital invested. It seems to be needing more capital in mining than of trading, which only rich people can take risk on mining.  For you as a newbie in here,  I suggest that you may go for trading even if you have capabilities to put money on mining because you are still on the learning process. And definitely it takes time to fully understand life in here and to give time also for your realization.

[Siddela Sarat Kumar]

If you have the correct hardware and affordable electricity prices at you place , then I  would  say mining could be quite profitable too.
But trading could get you a huge profit for your investment. On any day I would go with trading over mining. Cheers!