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Author Topic: Trading or mining?  (Read 4804 times)
jessica2020
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August 30, 2018, 04:35:08 AM
 #401

I preferred in trading than mining, in mining it is risky to invest in any sites because theres a lot of ponzi scheme there. You have do be careful in investing in mining if you dont want to be scam, you should have a research in the site you want to invest.
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August 30, 2018, 05:17:48 AM
 #402

Right now it's better to do trading than buying expensive mining rigs due to its increase difficulty and fluctuating price value. It's way more better to capitalize on buying cheaper crypto currency than investing your money in expensive video cards and rigs plus electric bills and make small profit.

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vutienthanh
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August 30, 2018, 07:01:31 AM
 #403

In my opinion when it comes to the cryptocurrency world we should know as much knowledge as possible. However, each person has a trade or mining perspective. According to mine, it needs a large amount of capital. You should be knowledgeable about the code and the machine to be able to handle every possible error. Capital is large enough to not be shaken when the market is burning, mining is not enough for electricity. Trade does not need capital but we need to master the psychology to be able to overcome the signal of the market fool. But trading in the present is quite difficult because of the small or not enough to make profit. Whatever good luck you with your decision
xvacator
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August 30, 2018, 07:30:15 AM
 #404

I prefer to mine, if we mine we just wait for our profit, even if we trade with the long term, if we trade we need a lot of capital, develop it if we want a lot of profits.

you need to calculate how much your electricity fee and if you think that you are fine with the fee, then you can choose to mine. but if you think that you spend more money on the electricity fee, then I don't think that you can choose to mine because this is not profitable for you and you can choose to trade. although trading needs time to make a profit, at least you have a chance to make money and you have the opportunity to have a new investment in your future.
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August 30, 2018, 08:25:31 AM
 #405

Right now it's better to do trading than buying expensive mining rigs due to its increase difficulty and fluctuating price value. It's way more better to capitalize on buying cheaper crypto currency than investing your money in expensive video cards and rigs plus electric bills and make small profit.
Yes, trading is always an option, even when you have less money, you can still do it. Well, I guess, Minning requires bigger money compared to trading for now. besides that Minning requires special attention

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tokenabu
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August 30, 2018, 08:31:54 AM
 #406

It seems that mining is better than trading because it doesn't need just enough capital skills, maintenance problems stay at the aj computer shop, money continues to flow every day so the risk is the most if the price suddenly falls so having to hold first then sell While trading is hard to analyze, profit is not clear.
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August 30, 2018, 08:55:09 AM
 #407

Mining is a profitable business if you have a large enough farm, and if the capacity is small, then you should not even start it, because it is difficult to compete with large miners who have factories allocated for this.
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August 30, 2018, 11:06:32 AM
 #408

I think trade is also less expensive. The costs of mining are high. so it sometimes creates problems. trade is risky but there is a chance of being done with little risk. Good research. Good analysis. they can be enough to make money.
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August 30, 2018, 11:24:36 AM
 #409

i think it will be depends on what country you belong, here in us, the climate and the electricity rate is so high, so definitely i don't think mining will be good to start here until trading more risky yet it's vert convenient so i will go for trading.
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September 02, 2018, 03:16:30 AM
 #410

I think both have relatively high risks, however, with mining, it is lower than the part.
Mining you need patience and some knowledge of PC hardware
With trade you can proactively manage your property better and more mutations
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September 02, 2018, 04:29:48 AM
 #411

Depending on your abilities and assets, no everyone is suitable for trading as well as no everyone is suitable for mining. How important your vision and greed, it will lead you in the right direction.
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September 02, 2018, 06:48:43 AM
 #412

The both opportunities are okay. You can decide to invest into the both of them and reap bountifully and also reduce your risks as well. This is actually the best thing to do. Trading and mining are good to be done together
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September 02, 2018, 07:01:49 AM
 #413


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 enough capital to invest and also mine coins then you can try them both and you will know which one is more profitable among the two things, but if you have the capital for one of them, I recommend trading (investment), provided you have know how to invest, and if you have gotten a profit there you can try to make your own mining at home
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September 02, 2018, 09:38:15 AM
 #414

If you have the initial capital I think you should trade, exploitation will be time consuming for you and you may never be able to make a profit so we should not focus on exploiting. Invest in earning profits faster

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September 02, 2018, 09:54:55 AM
 #415

Depending on your abilities and assets, no everyone is suitable for trading as well as no everyone is suitable for mining. How important your vision and greed, it will lead you in the right direction.

As we trade we're expecting to gain profit right? The same with mining, it was expected to have sustainable profit despite of how expensive is the overhead cost on operation energy consumption. Mining really earns better profit if you have high performance equipments, but the cost was too high. Just prefer do trading if you don't have that huge capital to start mining operation, and you're going to learn trading step by step with promising coins on cryptocurrency market.
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September 02, 2018, 10:43:48 AM
 #416

There are many different risks in this. On this here you need to understand that you can just lose all the money.
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September 02, 2018, 11:22:17 AM
 #417

Trading is better than mining.  Mining is very hard for some user but trading is easy everyone use it easily.
I like to use trading
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September 02, 2018, 12:59:10 PM
 #418


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 mining you will need to set up rigs and it is expensive and the parts might be broken because of overuse then you need to buy another parts and electricity is not free. In trading you will need to learn complicated patterns but if you will learn all of it you will become a millionaire someday.

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September 02, 2018, 01:00:15 PM
 #419

Mining is a one time investment you should invest on mining platform this will make profit and you do not take may effort in this moment. But trading is little risky investment because you should always monitor the market then only you will earn good profit in this platform. My perspective both are little risk because day by day technology is improved so GPU cards are update on every year.

I don't any platform where profits from mining is guaranteed. More so, I am yet to hear a good testimony of a successful person who made it big from mining... all I hear are loses and scams. I will be glad if you can recommend some of the platforms you have in mind to me with thier links and any information that can be of help. Thanks.
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September 02, 2018, 01:27:51 PM
 #420

The growth of Bitcoin is assured, so the total value of this wallet will continue to rise over the next two years, meaning that my initial investment of $330 will be worth a whole lot more two years from now, giving the kind of return no bank in the world can possibly offer.
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