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Author Topic: Trading or mining?  (Read 4807 times)
iconternal
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July 29, 2018, 11:33:13 PM
 #41

To do the two things I prefer to trade, because with the trade I do not need to be careful of equipment maintenance and also pay expensive, possible and use as much investment as possible.

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Yamifoud
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July 29, 2018, 11:44:09 PM
 #42

To do the two things I prefer to trade, because with the trade I do not need to be careful of equipment maintenance and also pay expensive, possible and use as much investment as possible.
Mining really expensive and costly,  and it needs big amount of capital to start unlike trading. Trading will give us daily profit without any worries for another expenses but it is riskier than of mining. Of course, people will go to trading compared to mining for such reasons.

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July 29, 2018, 11:48:31 PM
 #43

why you dont join to invest with your friend join to invest in his mining and do your job in trading.. but if you pursue your plan to get mining just spend more time to your friend and study what the strategy for here mining.. rigs mining is more expensive...

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G2z_Riya
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July 29, 2018, 11:54:27 PM
 #44

Mining gives a stable earning with small value change forward or backwards. With trading it is not the same, because we don't know what's gonna happen with the market in the falling days. At present mining isn't that profiting and I suggest trading if you're highly skilled. Also mining requires good capital, if one is good to learn the same amount on mining into trading will get good profiting.
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July 29, 2018, 11:55:53 PM
 #45


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.

Some people say mining now is not profitable and would only break even due to high cost of electricity, trading on the other hand is a risky form of investment, for me mining would be fun and safer than trading since you can mine every available coin out there depends on the algo and dif rate , follow what you think would benefit you in the long run;
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July 29, 2018, 11:59:43 PM
Last edit: July 30, 2018, 06:05:36 PM by noictib
 #46


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 , since mining is also profitable but we need to keep in mind very well with the perfect descion whether we should go with which particular coin mining and also we need to find out that whether your electricity costs is very high or low then your mined coins from.your miners and also you need to keep in your mind that the climate where you are living is better or not that remain in favour of the cryptocurrency mining hardware .
Here my recommendation for you is that don't always think that trading will not Result into profit because , trading is the principle way of making earnings in cryptourrency market , so better to do work in trading also with mining .
Both of them are risky but if you will keep patience then surely with Time you will make profit .
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July 30, 2018, 12:23:23 AM
 #47


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.

For people who have knowledge and big fund, mining is the best option but for people with small fund and knowledge trading is more realistic. Mining not easy and need hard work about equipment/ tools and electric supply. Decides your aim, get enough fund to start and always learn about technology and strategy. There's future and you can reach it, be sure.

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July 30, 2018, 12:49:16 AM
 #48

if I have a lot of money that can be spelled free money or more money I better to trade, right now I think investing more attractive than the mining not to mention the cost to be spent on mining is not a bit, electricity is used any not small, will add a lot of cost.
Trading requires skills and practice to know the entry and exit points and one cannot simply think that bitcoin or whichever coin you select is going to rise in a straight upward climb, there will be twist in the road. Mining are much expensive to do so. It requires powerful computer accessories to resist against heat and other factors affects along its operation.
karungbitcoin
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July 30, 2018, 01:48:40 AM
 #49

Iam interesting with crypto mining but currently i dont have times to learn it more. Mining look more difficult and complicated than trading, but mining look like more profitable. Currently iam more focus in trading but later i will spend times also to learn more about mining.

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July 30, 2018, 02:32:24 AM
 #50

Trading and mining will have strengths and weaknesses you can have options that are appropriate for yourself as well as you should trade over mine, mine mining for me to think for students. If you have financial conditions you should invest
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August 01, 2018, 07:14:08 AM
 #51


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.
Some may find trading profitable and some will find mining profitable. So it completely depends on you. Both trading and mining have different requirements; you should see which suits you the most. For mining you need to have a lot of capital, continuous supply of electricity, mining hardware. For trading, you need to have a lot of knowledge about the market and techniques like how to study charts, technical analysis, etc.
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August 01, 2018, 07:18:01 AM
 #52


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.


Mining is an easier way to earn but it would take a lot of time and you would be needing to spend just to set it accurately. As for now , I find trading more convenient for me because it fits my capability and skills. I would love to do trading and I'm still willing to learn more.
rose8963
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August 01, 2018, 07:23:32 AM
 #53


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 to be able to minimize the risk that bitcoin prices are fluctuating continuously and is continuously reduced. If you are mining, you will have to invest a large initial capital and the cost of digging bitcoin is also very expensive. While bitcoin prices are in a down cycle so it is very risky. Bitcoin prices continue to fall sharply and can not recover.
MeganRice1212
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August 01, 2018, 07:51:33 AM
 #54

At present, the investment in bitcoin exchange can be considered as the best because currently, the number of bitcoin in the market is meager, only the number of nearly 5 million coins, so the algorithm to solve the problem. Being bitcoin is very hard, you need powerful diggers, not to mention the power consumption of the mining machines is enormous. You have to invest in bitcoin mining with a considerable amount of money.
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August 01, 2018, 09:06:28 AM
 #55

Yes I think this time a little better because Bitcoin shows the potential price today and more and more coffers that make Bitcoin prices continue to increase. If we can afford it all then we can mine. On the other hand if we want to make sure Bitcoin buy profit and hold.
alizalela7
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August 01, 2018, 09:34:05 AM
 #56

The choice between trading and mining you will choose how to earn coins? If you have the time and the conditions of free time you can dig up the mine so that you can earn coins free of charge.
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August 01, 2018, 09:44:50 AM
 #57

That depends on various factors. Mining is hugely profitable if you have low cost over the electricity or have almost free electricity by using solar energies etc. It is calculated that if you get free of charge electricity then you may end up having 50% more returns over your mining. However, trading on the other hand can be tricky, but still lot of profits can be earned if played safe. Basically both are good and it’s upto you how you play it.
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August 01, 2018, 09:45:30 AM
 #58

Mining gives you some kind of stable income. Trading, especailly day-trading, is a lottery. You can make x2 or x0 =)
I recommend mining+hodling
itscomplicated
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August 01, 2018, 10:02:14 AM
 #59

It depends where you're from though, for example, you might want
to consider the electric fee and mining hardware/tools.
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August 01, 2018, 02:45:21 PM
 #60

If you already have a lot of capital may do the mining including the right step because in the affairs of income-seeking tend to be greater so that the economy becomes more helped by trying to be patient when the exchange rate has not shown an increase in order to avoid the occurrence of losses.
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