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Author Topic: Trading or mining?  (Read 4807 times)
Cecekcitata
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October 05, 2018, 06:22:06 AM
 #681

With trade you don't really care to think about the level of difficulty of mining and break the blocks to get bitcoin because I think trading can provide many advantages over mining
Btc_1856
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October 05, 2018, 06:27:06 AM
 #682

According to the experience i have trading is fair better compared to mining because for mining we need to have a large amount of capital. Now a days mining is not much profitable because most of the project is showing interest towards utility tokens only.

yugyug
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October 05, 2018, 10:38:51 AM
 #683

Crypto mining is capital intensive and power intensive and it take a lot of geeks to run smothly on the process and it may give headaches when it fails. If given a chance same amount of money like 100k USD, for mining and trading and give a side to side comparison of a profit/loss tables i bet trading has more earning potential than mining.
engrawaz
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October 05, 2018, 10:52:03 AM
 #684

Both have different risks, But your choice should be based on your preference. Some people don't have the motive or space to set up a mining rig or maintain it others don't have the patience to trade.
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October 05, 2018, 10:56:24 AM
 #685

Crypto mining is capital intensive and power intensive and it take a lot of geeks to run smothly on the process and it may give headaches when it fails. If given a chance same amount of money like 100k USD, for mining and trading and give a side to side comparison of a profit/loss tables i bet trading has more earning potential than mining.
well, my mind has never changed about this, minning always requires a lot of funds and pay attention to very much. I prefer trading, because I think it can train my mind in analysis and others.

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AniviaBtc
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October 05, 2018, 11:13:03 AM
 #686

Trading is all my favorite when it come to cryptocurrency. Haven the right strategy been put in place when venturing into trading can in any mode yield more profit than Mining. Trading with the right skills on daily basses can be more rewarding than Mining on the best farm.
Preferrably trading yes, why? because it is more affordable than mining even trading is more risky than mining due to market fluctuation and volatile prices. But in some cases when you are wealth enough you can mine not just bitcoin but every cryptocurrency while it is still mineable state so you can maximize the use of your computers and electricity, mining is costly but more profitable it depends.

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October 05, 2018, 11:27:50 AM
 #687

I think it will be great to choose trading, they are both profitable but the trading process is way more better in mining in terms of high income and feasible result.
Mining is most subject in scam schemes which is very alarming and very difficult to trust with in this industry.
These two choices are equally risky. In trading, we get a bigger profit than mining, but that comes back to 'how much capital we spend' and 'how luck we are'. If we are people who like challenges, we can choose to try both of them using the same capital. After we know the difference, then decide which one to take. This maybe, not everyone can try this kind of method, because this requires huge capital. But this will be very useful because we understand from the experience that we went through alone.

rajuahmed330
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October 05, 2018, 11:48:34 AM
 #688

now is good trading I think this time is a market move in BTC is going bull run i mining is 2017 year dash coin all cost is very high i think good is trading

Trading always is good. I like trade and I got a good amount of profit from trade. if you catch the system of trade then you can earn a lot of money. Trade is a system and its market analyser, when you are the best market analyser then you can make profit very much.

Be hardworker
molla_corda
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October 05, 2018, 10:25:07 PM
 #689

I think a single "pill" does not exist. The most reliable and best thing you can do is trading, which brings profit, which you evenly distribute to increase trading volume and start mining. In this case, the risks are minimal.

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gunungkembar
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October 05, 2018, 10:51:35 PM
 #690

I prefer to trade because in my country, mining must require very large electricity and the electricity costs are also very expensive so the results obtained from mining are not too worth it.
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October 05, 2018, 11:02:25 PM
 #691

I would like to suggest you do trading, not mining any coins. Trading is a very profitable way to earn a good profit and this will increase your knowledge for the future. Mining is not easy at this moment, you can consult with a miner, they are not getting enough profits. Some miners claimed that to mine 1 Bitcoin will have cost more than 9K USD in their country, So bitcoin price should be 12K Plus. But It is now under 7K USD! So, both are good, but Mining is not good enough for this situation. Trading is good for all situations.
bitcoinerjawa
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October 06, 2018, 04:15:44 AM
 #692

I think it's better to choose to trade because with trading you can get a lot of profits and without having to think about electricity costs and think about the repair costs of your mining tools.
LaurenProfi
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October 06, 2018, 09:10:07 AM
 #693

And that and that way is good for earnings, there is already worth choosing from what you know how, or invest a little less and trade, or invest more in equipment and start mining coins ! Once again, and the way to help earn !

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timmydakolo2
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October 06, 2018, 10:10:04 AM
 #694


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 my own opinion trading is preferably to mining in which you don't have to be thinking if some day the platform crash out unlike trading you control the funds at your own risk and with a good lecture (research) on trading you should get going in no time.
Itjoker
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October 06, 2018, 10:38:37 AM
 #695

As we can see in the current conditions of the market mining is not profitable, but you have medium risks as probability of equipment damage or theft and it requres basis knowledges about techniques. But trading can provide you with a big profit in a very short time. But it is too risky and requires trading skills and knowledges So it is up to you, what to choose. Personally I prefer to trade..
wozzek23
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October 09, 2018, 09:31:45 AM
 #696

Trading is more profitable than mining if you what you are doing. Mining bitcoin requires a lot of investment and with current market situation it is even no longer profitable.
Yeah if the rate in the market is low, of course mining will not be profitable, especially if the electricity and maintenance costs are expensive. of course the income from mining will not be able to cover that cost. if you have more skills and knowledge about crypto, then I suggest choosing a trade...
Trading is better than mining because it is easy to have already existing coins rather than going for mining it will consume electricity and time so you do not have to start mining instead of trading. Furthermore, trading with the Bitcoin will have huge profit if you know the rules and procedure on the other side we have several coins best for short-term so you can also trade with those coins.
TheWolfCrypto
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October 15, 2018, 09:41:07 PM
 #697

Both methods are effective if you are well versed in what ways. Many people prefer to trade cryptocurrencies on cryptocurrency exchanges.

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October 15, 2018, 10:13:52 PM
 #698


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.


Will for me,i would suggest you to create a mining investment,if you have enough fund or capital  to create a small rig of mining industry,because doing day trading investment now are not in good and market is still in bleeding situation,therefore in my own definition doing mining investment now is without hassle and everyday you can gain profit  even a single  amount of transaction on this kind  of investment, when every people doing a transaction on the blockchain,otherwise the final decision is depend on your hand of what kind of crypto investment which suitable you most and trend on your passion.

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October 15, 2018, 11:46:17 PM
 #699

my friend sold mining equipment, they said mining was not profitable this was due to an increase in oil prices and an increase in electricity rates.
I feel this is a sign that mining is at high risk.

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October 16, 2018, 12:04:12 AM
 #700

I think trading is better especially for long-term investment. Just buy your coins niw while the prices are low. Wait until the next bull run that might happen this year or early next year. The problem in mining is the regular cost of electricity consumption.
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