Sanchezino40
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August 02, 2018, 04:57:54 AM |
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It depends on our knowledge. If you have the experience, time and money, you can go for either of them. Mining takes a lot of time and energy, one must be ready to spend enough in order to mine the same for trading too. Trading require skill set and all your experience. Go for the one you want.
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localxe
Copper Member
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August 02, 2018, 05:45:13 AM |
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Mining is not as profitable as it was in the past and the hardware's used this days is not cheap, so you got to know what you are doing before inventing in this equipment, electricity factor, cooling factor, legality factor..
Do the math and make sure the equation sums up right.
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astridwi
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August 02, 2018, 10:49:56 AM |
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Trade or mining activities for almost the same in the calculation, such as the calculation of the Revenue estimates will be obtained, the calculation of the value or the price in the market at that time. only in mining forecasts Earnings will come in at an estimated at the time of the arrival of the proceeds while later mines, to trade on its own already knew the price that has to be given on items for trade does not wait for quite some time. in Indonesia was more people chose mining because of the results that will be obtained is greater than on trade. but many people prefer to trade also issued capital due to a not too large despite results that will be obtained not as big as in mining.
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rickadone
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August 02, 2018, 10:52:59 AM |
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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 is a lot safer option of the two because mining requires a capital that you will spend on some mining equipment that will not come back and you will make that back some how from mining however than those machines gets old and some of the brokes and you will eventually need more and newer versions of those machines which will eat into your income and if you select trading you will just have to wait and in the long term the money will make itself. Nevertheless, if you wish to do both of them, you can just focus on getting investments on masternode coins, that way you can both get coins and without even mining you will get more coins just from masternode yields.
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Ekenegbu123
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August 02, 2018, 01:43:24 PM |
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In my own opinion, mining demands more time and more capital for you to start off. Trading is more better if you understand the basis of trading and technical analysis. In my own words, I would suggest you pick trading ahead of mining
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StormFootball987
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August 02, 2018, 01:49:38 PM |
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If you have a cheap electricity, money for GPU/CPU miners and a free space to storage those miners then go for mining. You won't ned to care that much about price fluctuations. I'm personally more into trading.
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valheru
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August 02, 2018, 03:54:23 PM |
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Of course, trading is much more profitable for now. If this question was asked years ago, probably everyone would have said mining was better. Time has changed and this difficulty has brought in the big amounts of money to mining. If you want to do mining at these days, you really have to be big money so you can have good equipment. Because of this, the trade seems to be much more reasonable than mining. There is no need for huge amounts to enter the trading.
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R.R.L.
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JessicaHart8
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August 02, 2018, 04:10:17 PM |
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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 also good if it was before, but now, as Bitcoin, when the Bitcoin stock is nearing completion, digging is becoming more difficult. And with that, you will also spend a lot of money on Mining. I still hope for more deals than Mining.
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nydiacaskey01
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August 02, 2018, 04:17:46 PM |
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If you have free access to electricity or at least access to cheap electricity and a willing partner who can work as an industrial partner to look after your rigs, then you can go with mining. There are 2 factors to consider when setting up even a small mining farm, those are electricity and manpower, you cant look after you mining operations all by yourself.
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Vivif
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August 02, 2018, 05:10:14 PM |
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If I have a money, I will do trading. Because I have skill and lucky at trading. And I am weak at mining/do not have extensive knowledge about mining. To be honest, I'm not interested in mining, I'm more productive in trading. So in my opinion, do what you want and what you can. Do not force your will. good luck man!!
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pwchan001
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August 02, 2018, 05:16:55 PM |
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I prefer trading, because mining is not easy, you have to do a lot of plannings and take into considerations many factors, such as the specification of the mining machine, the location of the mining machine, electricity fee, cooling problem, etc. Besides, you also need to do a lot of researches to find out which coins are worth mining.
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Welcome to feeless future! (https://discord.gg/tdN4ue6)
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simpleholmes
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August 02, 2018, 05:20:42 PM |
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It really depends on the costs that you will face if you wish to join mining. If the electricity costs and rigs are not very expensive in your country the mining business may be profitable with more secure money and predictable market.
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target
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August 02, 2018, 05:29:42 PM |
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If you can have the devices to mine, you should mine because this will give you more btc after all you can trade while you are also mining. That means you can do both. Mining doesn't require you to keep monitoring and watching your devices while it does its thing.
you are lucky that you can get your hands on mining devices because we in our country can't. Well we can actually but devices are a lot expensive than buying it from China or US.
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Winnerschapel
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August 02, 2018, 05:32:36 PM |
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You need to decide on the one you wish to do. Mining and trading can be both profitable if you understand how they work. Mining demands more money to set up. Trading demands your technical know how but preferably, I prefer trading.
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Harith65
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August 02, 2018, 06:12:33 PM |
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I think trading is most profitable than mining for small investors. But mining is more important than trading. We do everything becase we need to earn money. If we like to mining bitcoin we have to do it with larger size and higher performance. For mining process need more power. Because of those it is more costly. Thats why i told mining is not suitable for small investors. We can trade with small amount also. We can make profit in short term by trading. Therefore trading is better than mining for those who have small capital.
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Dart18
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August 02, 2018, 08:59:27 PM |
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How about make some questions for yourself too. Is mining still that profitable?
The competition is too thick now and it will be hard to mine. You may be using too much electricity than getting profits from it. Recently someone talked to me about mining and he says it is just Zcash where they can move faster or get an ROI. Too hard to compete now with popular coins since there are large groups of it
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francesyrus
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August 02, 2018, 09:07:36 PM |
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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 my own opinion I think putting up a mining farm needs huge amount of investment and you don't know if it is still profitable. In trading you can earn profit in just few days if you choose the right coin to trade.
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indijim
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August 02, 2018, 09:22:49 PM |
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I used to mine back in late 2013, 2014, and what I found is that it could be a waste of time and extreme effort, because putting all the money spent on the equipment into a promising coin, can give you much, much, much more return. But we’re in a different era now, so I suggest doing a little mining, and investing.
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poli_btc
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August 02, 2018, 09:40:22 PM |
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Now it is more profitable to deal with crypto-currency trading. Mining of the crypto currency is now only profitable on an industrial scale.
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ivankoh
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Buzz App - Spin wheel, farm rewards
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August 02, 2018, 10:33:16 PM |
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I used to mine back in late 2013, 2014, and what I found is that it could be a waste of time and extreme effort, because putting all the money spent on the equipment into a promising coin, can give you much, much, much more return. But we’re in a different era now, so I suggest doing a little mining, and investing.
Exploiting and investing are all very good ways to earn income in this market and investors can fully participate. Tapping is a very good investment because you only need to invest in mining machines then choose good and potential coins to dig. As for investment, you need more knowledge of finance and market to succeed.
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