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Author Topic: Trading or mining?  (Read 4807 times)
bandungan
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September 16, 2018, 10:08:04 PM
 #581

trading can be done with any amount of capital while mining must require large capital. so if I have to choose I will choose trading because it can be done by anyone and easily with any amount of capital.
bitcoin31
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September 16, 2018, 10:46:38 PM
 #582

trading can be done with any amount of capital while mining must require large capital. so if I have to choose I will choose trading because it can be done by anyone and easily with any amount of capital.
Your right, every amount that you have it's okay to trade altcoins because the only you gonna do is to buy only altcoins but in mining you need to buy equipments pike miner , computer take note need high specs of computer and many more to become successful your mining and not sure if you are miner you earn a lot of money because I see a lot of miner lost their capital.
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September 16, 2018, 10:48:28 PM
 #583

mining in the current month will be a loss and difficult to return capital. and in my opinion trading is indeed an easy thing and also practical than we do the minning which now also many miners complain about losing

Mining now is the less profitable business. You need to have a big mining farm to earn but it will eat a lot of electricity. As for me, trading is much better and do not need the resources.

I won't agree mining isn't a profitable business because if we don't have that, transactions will be much slower. The trading and coins transactions might be a struggle for everybody. We need mining operations in order to provide a lot of opportunities for every trading or any buy and sell, and if ever you're planning to invest Mining plan everything according to your budget.

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September 16, 2018, 11:14:57 PM
 #584

Trading or mining options are now an option and discussed, but if I want to be easy I think trading can run at any cost and not necessarily with large equipment such as mining. so I think trading can be done by beginners or professionals

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September 16, 2018, 11:26:48 PM
 #585

Trading or mining options are now an option and discussed, but if I want to be easy I think trading can run at any cost and not necessarily with large equipment such as mining. so I think trading can be done by beginners or professionals
Well i am not doing mining, i just do trading and for me trading will help me to have a good life in the future, i am trading for almost 1 year and it is profitable thing to do but aside on trading we should also try to join on promising bounty campaign.

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September 16, 2018, 11:31:50 PM
 #586


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.

Choosing between trading and mining is depending on your country but i highly suggested that you should choose mining because you can earn cryptocurrency passively and that is the reason you should choose mining over trading.
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September 16, 2018, 11:57:08 PM
 #587


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.

Choosing between trading and mining is depending on your country but i highly suggested that you should choose mining because you can earn cryptocurrency passively and that is the reason you should choose mining over trading.

I think whether miners are able to stabilize the calculation of electricity costs in proportion to the current value of bitcoin/altcoin?

I think there are a lot of disadvantages that they get because of the decreasing value of coins, while the electricity load never goes down, I am still comfortable with trading because it is not too dizzy with real operational costs, but the exception is aimed at miners who have obtained ROI in the past years.

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September 18, 2018, 06:56:33 AM
 #588

Mining is a bit of expensive to do & your rewards are less unless you have a well set up farm. Obviously a costly job. Cost of electricity is a vital fact when it calculate your profit. Trading has involved risk but if you are skillful can make smart amount of money. But extremely this is personal & your set of skills are counted at the time of trading. Two different areas with two set of possibilities. If you have the capacity to hold for long term wait for more dip & invest in some great projects like WAN & ICX. You will ended up with amazing results. My suggestion at the moment to go for trading & collect some smart money & accumulate your heap of BTC.
Both good choices but mining costs a lot as it use electricity which is of high price in some countries while electricity is cheap somewhere so it is better for those countries where electricity does not cost a lot so they would be able to mine coins easily.

On the other hand they most better way to make money is trading with Bitcoin and few other coins where you have to use your money in order to get it instantly.
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September 18, 2018, 07:42:34 AM
 #589


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 highly prefer trading because in this way you can manage to monitor the entire market and determine when the prices are increasing and take advantage of the situation to earn more profit.
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September 19, 2018, 10:40:45 AM
 #590

My brother has been planning to start mining. He has been trading. He has been doing researches as to whether mining will yield more significant profit than trading. And he has made the decision that mining is much better than trading because there will be no days when you will have losses instead of gains in mining. However, the year 2018 came and he suddenly realized that it will not be that profitable anymore. And some of his friends are saying that the high electric cost will really pull you down especially during a red market.
Good to start mining but trading is better than mining because it takes electricity to work out and trading just need your money and you will get your coins instantly so you will have a fast system to make some money. Trading in the technological world is more in benefit that is why you have to pick trading especially with the Bitcoin but this is always a good strategy to diversify your money in different sources.
yvesp110
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September 19, 2018, 08:05:53 PM
 #591


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.

Choosing between trading and mining is depending on your country but i highly suggested that you should choose mining because you can earn cryptocurrency passively and that is the reason you should choose mining over trading.
Trading for me as well, trading is good because for mining you will needs a lot of money to buy the mining equipments and for trading you will only need your knowledge and skills, so I think we should choose only trading, mining is good for those who have a lot of money to buy and to pay for electricity bills, so I think we should spend our money for trading it will give is huge amount of profit.
Daniel9140
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September 19, 2018, 08:26:55 PM
 #592

The both seems to be good but it all depends on the capital at your disposal. Mining would be fine if you have enough capital. Trading is also okay if you know how to. This is basically how it is
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September 19, 2018, 10:25:15 PM
 #593


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.

Choosing between trading and mining is depending on your country but i highly suggested that you should choose mining because you can earn cryptocurrency passively and that is the reason you should choose mining over trading.
Trading for me as well, trading is good because for mining you will needs a lot of money to buy the mining equipments and for trading you will only need your knowledge and skills, so I think we should choose only trading, mining is good for those who have a lot of money to buy and to pay for electricity bills, so I think we should spend our money for trading it will give is huge amount of profit.
If we had more money to capitalize mining, then it's better to have the options to choose mining in cryptocurrency. Trading also has a different side of the story in earning good profit, because we do have potential profit which we might earn in a long run specially when it comes to long term tradings of the crypto you're holding of. We need not to think of equipments like of mining hardwares which we used to make sure it's running at efficient performance.

 
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September 19, 2018, 11:45:18 PM
 #594

It depends on your abilities and skills in the financial field, because from mindless trading profits you will not get. Mining cryptocurrency at times easier.

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September 20, 2018, 02:22:26 AM
Last edit: September 20, 2018, 02:52:32 AM by Tingtong
Merited by Rasel5209 (1)
 #595

You need to have a good business plan before venturing into mining if you don't want to lose your money. I think trading is less risky and it will be better than mining but the decision stoic lies in your hand .
Yeah trading is risky and mining is better for risk. But I think mining is not better then trade. You can increase your huge profit in trade that don't get in mining. Many time we seen that coin price 1k% increase if you mining you get limited profit. You can trade but you need huge knowledge about alt coin and other exchanger also you follow Telegram and forum. If you active all time I hope you can make huge profit with trade.

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September 21, 2018, 04:30:04 AM
 #596

You need to have a good business plan before venturing into mining if you don't want to lose your money. I think trading is less risky and it will be better than mining but the decision stoic lies in your hand .

Yes your opinion very nice,your opinion mining is the better, because mining you get limited profit and trading is very risk.yes trading is risky and mining is better,I think trading is the best.I hope some coin buy and some day alt coin price 500% increase and sell some profit money,you can trading many exchanger and huge profit money,then you can start good business.

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September 21, 2018, 10:35:06 AM
 #597

I’d suggest learn to trade, honestly. Mining is difficult business because of a few things. Firstly, you will need a lot of starting money to buy equipment and set it. Then, you will face increased electricity bills. Also, devices could break down, so you will have to pay even more to fix everything. Finally, the price of cryptocurrencies now is too volatile to hope that you can get a regular income with mining only. On the other hand, trading lets you bet on various things including both growth and fall of price. There are tons of strategies for newcomers, so you only have to spend some time exploring them. In trading, you will also need some starting capital but it’s way smaller cuz you can buy first crypto for even $100. At all, try different approaches and stick to one or two which are the most suitable for you. Good luck!
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September 21, 2018, 10:56:39 AM
 #598

Mining for no risk, without knowledge
Trading needs knowledge
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September 21, 2018, 02:22:15 PM
 #599

Usually when a person can not choose between trading or mining and does not know what is more suitable for him this means only one thing - that he is very poorly versed in these things and therefore incompetent. Anyone who is well acquainted with trade or with mining understands that at the moment he will be more suitable.
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September 21, 2018, 02:29:35 PM
 #600

mining is necessary for crypto and blockchain sustainability but when I calculate the cost they spend so much with a little coin gain and coin prices that are getting lower now. trading is more profitable for me because the market conditions are very volatile and this will provide a good margin in obtaining profit targets

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