Trading or mining?

[Guideare]

Trading is better if you want to earn money faster, mining is more like a job and ROI can be doubled depending on the difficulty.
but as you know day trading is quite risky. People with more money in hands can move the market despite the trends.

I think that both have their merits and demerits, I think that mining is a regular source of income, but the electricity price really make it difficult for the miners to mine bitcoin and get some good profit from there. While in trading if you do not have enough experience then the risk of losing your own money is too much.

[MI6]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

if you want to try, start from a little rig first, because ETH price not really good if compared with GPUs that really have high price, maybe overpriced. if you really think if it is profitable, go buy more GPUs to make your mining farm bigger

[CGPA]

I think trading at this moment is profitable, because the market is little lower. So I think if you can buy some coins now, then many people have the potential for profit in the future. On the other hand, mining is very costly and time-consuming.

[ngacengan]

in my opinion it is better for you to do the second because with trading and mining you can get very much profit and you can become very wealthy quickly even you can master the market if you can produce coins from mining with a very large amount.

[hitchcoin]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

My dream is to have a mining Farm which will bring me the passive income and during that I would be able to invest in new currencies and trade it as well. So I'm trying to complete that for now.

[Luckym7]

Since you have little capital then it is not suitable for mining. More than that mining need a more clear plan. Need to select time, assets and perfect strategy to make success in mining. Besides, you can’t get enough profit from mining but can get in crypto trading. Since bitcoin make a record drop and now going start for up so it is better to invest in bitcoin. You can also invest in some altcoins or ETH.

[hungsanh2512]

If you want to dig a bitcoin then I think you will spend a lot of time to search, because we have only 4 million Bitcoins and no one has ever found it. The better way to creat it is trading job, you can earn more Bitcoin .

[Kocret02]

I chose trading because mining still does not have maximum additional profit. we know if trading can be done with any capital and it can certainly work if trading is done correctly. but in contrast to mining who have to prepare big money to buy equipment for mining.

[Impros88]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

Trading is the thing that usually requires your full-time involvement so I was better say that you should start and place your passive mining income and then only to start learning training as it is.

[mirnodoma]

Just discussed trading VS mining with my friend as well.
My argument was that when trading you can do profit also with the Bear market, shorting (margin trading).
And when you mine a coin which is falling down you can get a situation, when you are just covering costs for electricity (if at all  )

[rose8963]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

I believe that at this time you should only trade and not invest in mining, bitcoin digging. You can see that the price of bitocin in the past days is constantly decreasing and the market is in the bearish trend in the long run, so I believe that at this point you should only invest short and lower trading on bitcoin .

[asyakashi]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

if you want to try, start from a little rig first, because ETH price not really good if compared with GPUs that really have high price, maybe overpriced. if you really think if it is profitable, go buy more GPUs to make your mining farm bigger

good advice should think right to start mining, very expensive costs should be considered electricity and internet costs and the ETH prices in the market are not good.
if we force it it is very risky for your finances. we just wait for the eth price to go up and save to buy mining equipment.

[InKiTy38]

trading and mining can give you a bitcoin as long as you have time and you can get involved in mining so you get a free coin from your mining process if you do not. If you have the money but you have money then you should trade

[barsharkol12]

in my idea ..trading is better than mining. in mining you need a lot of time and you must have a good equipments for mining. unlike trading you can easily chose what coins you will be trad. there are people who are engaging in both trading and mining. its up to you if you do both.

[ErmaburR]

in my opinion it is better for you to do the second because with trading and mining you can get very much profit and you can become very wealthy quickly even you can master the market if you can produce coins from mining with a very large amount.

You cans start trading with a small amount, because there are so many altcoins which are still trading in low price, but if you are interested in mining then you have to invest a lot of money on mining setup and the second is that it is more successful in such places where the cost of electricity is is cheap.

[Lazada]

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

I will choose Trading far as a top choice. Mining requires a very broad knowledge of coins that have prospects and have difficulties that are comparable to what we will get, we must calculate whether the coin is profitable or will only have a high level of electricity costs. Besides that, Mining requires very large capital, we have to buy the appropriate hardware and we also have to be ready to update the hardware that we have. Comparing to Trading, Trading can start with little capital and we can start from the beginning. For me trading is a suitable job and when we can master it we can get very large and even infinite results.

[biletskiy]

Trading is better if you want to earn money faster, mining is more like a job and ROI can be doubled depending on the difficulty.
but as you know day trading is quite risky. People with more money in hands can move the market despite the trends.

I think that both have their merits and demerits, I think that mining is a regular source of income, but the electricity price really make it difficult for the miners to mine bitcoin and get some good profit from there. While in trading if you do not have enough experience then the risk of losing your own money is too much.

Yes, you are absolutely right. However, it also depends on the altcoin. For instance, for me, mining Litecoin is more profitable than trading it. As for the other alts, I trade.

[elegant_joylin]

Both hopefully in the future. Currently, I have a background in equity trader, so I'd like trading better or expand to cryptocurrency trading. But I also want to explore mining too.

[rivoke]

IMO, trading far more profitable since mining usually provide expensive miner tool and remember that bitcoin difficulty getting increase from time to time.
You can just rent the broker if you are not understand how bitcoin trading graph chart works !

[katak mercat]

mining is something that requires a lot of capital to do it, I prefer to make profits by trading because it only requires less capital.