Trading or mining?

[Le Anh]

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.

In Q4 2017 and Q1 2018 BTC, ETH with very high value, so many people invest to mining, now price of these coin about 30-40% of that time, so if you invest to mining will don't have ROI as before, if me i will prefer to trading.

[loveinberlin]

I don't know whether mining is difficult or not but as for me not everyone can choose mining because special equipment is needed, you should think hard about mining, it is easier to choose trading

[syamster]

There are both advantages and disadvantages with trading and mining.

Mining advantages
No extra fee charged for mining apart from investment.
Risk free in long run
Consistent profits

Mining disadvantages
Long term investment
Can't earn money quickly
Huge time involvement

Trading advantages
Quick profits
No investment in equipment
Easy to manage like sell high buy low

Trading disadvantages
Requires more skills than trading
Impossible to predict prices
Trading fee
Higher risk

Apart from all those advantages and disadvantages I think it is all about the interest of the person as both of them are good and only those can get good profit that are having mind set about anything it could be mining or it could be trading. I like trading because it has a little risk but it is not that expensive as much mining is so for me trading is good,

[sirohige]

of course I prefer to trade than mining, I spend a lot of money and have to think about the condition of mining tools all the time and have to pay a very large and expensive electricity cost so I better choose to trade.

[Madara_Uchiha]

The main advantage of mining is getting a relatively stable income in the crypto currency, especially if you work in a Mining Pool. But the income, expressed in fiat money, will constantly "float" along with the change in the rate of the crypto currency.

[RippleSpaset]

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 have little money then of course trading for you ,but if you have the amount and can wait for the mining .The fact that the cryptocurrency is now very subsided, and all mining farms incur large losses, but if you wait for the market to fly up you can get a very large profit.

[Dr.Osh]

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 have little money then of course trading for you ,but if you have the amount and can wait for the mining .The fact that the cryptocurrency is now very subsided, and all mining farms incur large losses, but if you wait for the market to fly up you can get a very large profit.

Well, many people prefer to trade from Minning for now. we know that to do minning requires careful preparation, especially if you want to make something big. Well, those who focus on the real world might choose trading compared to Minning.

[otundebis]

Both cryptocurrency activities actually complement itself very nicely.  If you are trading,  you are likely going to mine a quality and profitable cryptocurrency  that will have good market value!

[binhvo1505]

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 think you should not exploit altcoins. Because now the electronic devices to exploit altcoins are very expensive as the price of the altcoins are very cheap. You will risk very high losses when the market goes down. So I advise you not to dig now. Make a long term investment.

[developer101dev]

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 think you should not exploit altcoins. Because now the electronic devices to exploit altcoins are very expensive as the price of the altcoins are very cheap. You will risk very high losses when the market goes down. So I advise you not to dig now. Make a long term investment.

I prefer that you become a trader because investing on mining will be only profitable if your location has a low amount of electricity consumption.

[iv4n]

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 think you should not exploit altcoins. Because now the electronic devices to exploit altcoins are very expensive as the price of the altcoins are very cheap. You will risk very high losses when the market goes down. So I advise you not to dig now. Make a long term investment.

I prefer that you become a trader because investing on mining will be only profitable if your location has a low amount of electricity consumption.

How didn`t you learn by now, if you wish to have profitable miners you need to invest a lot of money, now equipment is very expensive, but if you have that money you will have steady income and in year or less you will earn enough to cover investment cost and after that you are making profit, steady profit, that will be lower as network difficulty rising, but have in mind that price should go up too. Trading is like gambling, you are risking what you have to make more. If you think that trading is an easy work you will lose a lot of money before you figure out what to do. You can sell miners later for some money, after you made a lot of profit, but if you get into some shit coin you will end up with nothing. Who have money should get into mining, who doesn`t have can try to make money with trading, but after some time you will see how hard that is actually.

[Affilate User]

of course I prefer to trade because with trading I don't really think about electricity costs and equipment maintenance, I just need the internet and can trade with my smartphone anywhere.

[Palo05]

I prefer trading. Because on trading your profit is on the spot. Mining take's time to earn profit , Mining usually cost a lot more on equipment electricity etc

[Yatsan]

Personally, I prefer first of all to engage in trading and fix profits, as cryptocurrency can grow very quickly and their large numbers and mining them a lot not to cover, and the profitability is already reduced, if the equipment is not so powerful.

Indeed, setting up for a mining rig for bitcoin or altcoins would costs a lot for us. I also prefer trading since there are huge possibilities of getting a profit out of holding and trading after a while but it is very risky for some close minded and those who is short tempered trader. Trading is much easier than mining because mining requires maintenance on gears and electricity.

[cleygaux]

If I were you and have enough money to start I will go for mining, this days is not good at this business but once the market rebounds it will be in-demand again I can see many rigs are at sale for now at low prices because of poor profit then its a good chance to buy more mining rigs and be ready once market fully recovered.

[shnmykl]

It's better to trade than to wait for your miner to mine coins because trading makes your funds more fast to get profit. Mining is just for the people who waits for their miners, only that.

[aburris75519]

Both of these. Mining is a safe way to earn stable profit, then I will go to trade, if I win a big money enough, comeback to buy more miner.

[sulendra12]

Both of these. Mining is a safe way to earn stable profit, then I will go to trade, if I win a big money enough, comeback to buy more miner.

Mining isn't easy to do. You need to prepare lots of thing first (I mean a lot) like costs of electricity and such. You can't just buy miner and then do nothing, mining is a tough task to do and at least you have to know the mechanism when doing it.

[Arroware]

I think we prefer trading, because for us it will also be easier to get more profits every day, because the altcoin prices every day also increase, so we will also find it easier to get more profits.

[kinamotorami]

In my opinion, you should choose the transaction because the transaction will not take much time for you and can earn very high profits