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Author Topic: Trading or mining?  (Read 4804 times)
bogacola
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September 03, 2018, 01:24:11 PM
 #441

Mining is the most profitable than trading. Because in trading no one can speculate/predict about bitcoin price 100% if you see the price chart there are too many falls & rises. Where it is quite risky to get good profit.
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September 03, 2018, 01:32:40 PM
 #442

I prefer trading than mining because mining is more complicated I guess. other than, requires large capital and the risk of maintaining the machine at least. indeed every job has risks. just as trading risk is a loss, mining will require more capital and risk as well

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bentong talong
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September 03, 2018, 02:40:27 PM
 #443

First of all trading will make you more money but it's risky but mining maybe slow but it's less risk, so if you want to make more money go for trading day, but if you want less risky go mining
When you decided to enter in crypto world, there’s really a risk. I could say that trading and mind are both risky but worth the risk. Doing both could make you earn money.

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September 03, 2018, 03:08:26 PM
 #444

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

Trading is more profitable. Additionally, mining needs special equipment and the money for electricity. When trading, you can deal with a lot of different cryptocurrencies.
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September 03, 2018, 04:01:06 PM
 #445

it seems I prefer to trade because with trading I only need expertise to be able to determine the right time to buy and sell coins and do not have to sort out the difficulties of getting or solving blocks in mining and monthly electricity costs.

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adefirman98
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September 03, 2018, 05:07:55 PM
 #446

Trading requires knowledge of the external and internal factors of the traded currencies so that the trades you make are more informed and less risky.
Mining The problem is, that you need capital and if you have capital, most of the sites are out of stock and delivery in 3 – 4 months

everything depends on you.
jeniferqueen0409
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September 03, 2018, 05:17:54 PM
 #447

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

Trading is more profitable. Additionally, mining needs special equipment and the money for electricity. When trading, you can deal with a lot of different cryptocurrencies.

That's not entirely true in some countries where there are large numbers of mining companies. Trading and mining are of a different nature, when we consider their benefits, we should place them in a specific context.
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September 04, 2018, 03:30:06 PM
 #448

Mining’s involves in crypto currencies as verifying transaction on the blockchain and releasing new coins. We need an accumulation into recent transaction and need to try for solve a cipher puzzle. First solve gets to place the next block on the blockchain and need to claim reward which include with transaction fees and new released coins encourages competition in mining. Since it is decentralized so anyone can do it along with powerful hardware. It has a difficulty level. The higher the difficulty levels the less profitable for the miners. Do you understand? It is some hard to do. So I recommend trading than mining.   
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September 04, 2018, 04:22:39 PM
 #449

I've been mining for a solid time and I can say that it's profitable only if you're able to always monitor projects and act really fast. Also, to mine you need a really big amount of money. Trading, for its part, has pretty high risks and also needs time.

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September 04, 2018, 06:40:22 PM
 #450

This depends on few stuff which you should first consider and then take your decision on that. For example, how much money you are going to spend over them? Are you going to have loss which might be more than you initial investment and are you ready to bear the huge time period that may come across you? Then mining is for you because that needs lot of money as well as time to recover your investment. On the other hand you can start your trading easily with small amounts of money and may be with proper lessons you can start earning few % of profits per day or over the week and thus gain your ROI plus profits. So decide it yourself.  Smiley

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healthcarep
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September 04, 2018, 06:55:54 PM
 #451

i decide on buying and selling rather than mining! mining calls for a massive quantity of capital and its no longer assure if you could get a superb area to do your operation as it's requires lot of energy. in addition, maximum nations do not allowed mining of bitcoin in their court docket due to the power it might ate up. now not like trading, so long as you have coins you may start trading, just comply with the rule of thumb of buy low and sell excessive to earn profits on your capital.
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September 04, 2018, 09:43:18 PM
 #452

At this prices and thousands of good buy opportunities I would never invested in mining gear. All the people that I know from mining are now barely breaking even with electric bills, and cant sell their rigs at any price now! Soon enough electric will be more expensive than current rigs can mine and then money invested in hardware is lost forever!
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September 04, 2018, 10:34:55 PM
 #453


At the present time it's a bit better because the bitcoin shows the potential at its current price and the more holds of their coins to make a big deal as you just look at the market defference that increases the price of bitcoin continuously rising up so its more money you can earn in trading.

Currently, bitcoin was a bit increasing anyhow, which is a good sign for its holders. then, while its happening most of the altcoins affected by it, even the potentials altcoins got down its value like Ethereum, Bch, Etc, Neo and others but its a good chance still for the traders to buy some of it then hold.
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September 04, 2018, 11:15:13 PM
 #454

it depends on you if you have a lot of money you can do both, mining to get passive income and active income trading.
the result of both you can reinvest again or try to invest in other fields.
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September 04, 2018, 11:46:19 PM
 #455

These are things that can not be compared. If you are engaged in trade then you are focused on making profit here and now working on a familiar situation and trying to get your piece out of the market.
Mining is a passive income, but which requires resources, and its payback is not always the same as you expected initially. On the good - you can try yourself in everything and see where your income is obtained.
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September 04, 2018, 11:50:26 PM
 #456

it all depends on you in choosing it to do if mining requires large capital and if trading only needs a fairly mature analysis.

which certainly both have advantages and risks that are equally great to live from ourselves alone have enough knowledge that is not enough to do one of these things.
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September 05, 2018, 04:46:18 AM
 #457

Trade or mining?

Both options are very good to do, but as long as you have enough knowledge and money to invest in both of them. If you want to mine properly and correctly, having enough money is very easy, but a big investment in computers that are very high technology, mining , And others may also be profitable

If you can afford it and have enough money, then you can mine and trade. On the other hand, if you want to make sure you buy btc or eth, it's good that you ask questions to the experts.
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September 05, 2018, 08:34:23 AM
 #458

I think that you yourself can decide how best to work with the crypto-currency market. Do not listen to anyone, make your own decisions. Moreover, trading in the market without having any knowledge and experience of trading is very risky.
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September 05, 2018, 10:58:37 AM
 #459


At the present time it's a bit better because the bitcoin shows the potential at its current price and the more holds of their coins to make a big deal as you just look at the market defference that increases the price of bitcoin continuously rising up so its more money you can earn in trading.

Right, seeing that value is rising up time to tine would be great for such traders as if it is one of hints that trader would love to see, to think that riaing up of value will be nice to buy and hold some of tokens so that it would be preferable to trade and have a good profit in return.
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September 05, 2018, 07:14:47 PM
 #460

The both businesses are good but it all depends on your start up finance. If you have funds, you can do mining as mining also demands capital. To trade, you also need to start up capital as well. Its good to do both
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