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Author Topic: Trading or mining?  (Read 4801 times)
FalcoonRed
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August 01, 2018, 02:52:04 PM
 #61

if you want to get profit fast you should trade, mining must have big enough capital. better trade.
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August 01, 2018, 02:54:02 PM
 #62

That depends on various factors. Mining is hugely profitable if you have low cost over the electricity or have almost free electricity by using solar energies etc. It is calculated that if you get free of charge electricity then you may end up having 50% more returns over your mining. However, trading on the other hand can be tricky, but still lot of profits can be earned if played safe. Basically both are good and it’s upto you how you play it.
That's right, there's always an advantage coming from both venue, it's needed to consider things that affects the profitability measures, if you have a good knowledge regarding to mining and you know which coins to mine aside from bitcoin that can bring you good earnings plus the fact of having low electricity bills, then you can proceed and continue from this venture, while in terms of trading chances to grow your investment in much lesser time can be possible if you are more familiar with this business, in the end of the day you just need to analyze well and think twice before taking any actions.


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August 01, 2018, 02:57:57 PM
 #63

It is still profitable but not that profitable compare to last year's mining incomes,i do have 1080ti and rx rigs which has given me a lot of profit last year but today bitcoin is being regulated by those financial institutions which is why its value is getting more sideways than going up probably because last december the giants has bought enough supply of bitcoin to control the market but i do prefer trading than mining as of now because i do have mining farm as well as alt holdings.
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August 01, 2018, 03:02:20 PM
 #64

I think trading is more profitable in comparison with mine, the current market is good and very appropriate to trade because mining also needs a large capital. trade better and benefit.
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August 01, 2018, 03:15:40 PM
 #65


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.
First you can buy some rigs, do not go with mining farm if you don't know it, try it if you can handle it at the same time in investment. You can earn a good amount of money in profits and can bring back your capital fast so within 1 year let we say you already earn a cahsback from your mining business. While mining you don't have to monitor it the whole day you can do trade or invest in good coins. Both is good but you have to be knowledgeable about the possible problems and of course your availability.


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August 01, 2018, 03:19:54 PM
 #66

I've done both.

They basically are very different in terms of risk.

With mining, there is very little risk. Because the equipment you buy , especially GPUs will always hold some value and won't go to $0.

With trading, there is very high risk. And due to high leverage and how volatile BTC can be, you can easily lose everything. With alts its even more riskier.

However keep in mind that unless you HODL there is little to be made mining. With trading, and high leverage you can make insane amounts of money.

So its basically a catch 22.





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August 01, 2018, 03:29:32 PM
 #67

Trading you can start with little money, but to mine you will need more investment.
Also if the energy is cheap where you live, mining is a great choice, as soon as it's all set up, it gets easier.
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August 01, 2018, 03:44:41 PM
 #68

I think it's better to invest in bitcoin now, especially if you have a decent amount of money, the price is not cheap to buy mining equipment today, not to mention expensive electricity costs, I think it is better to invest in bitcoin, in order to minimize the losses when time can happen to you, bitcoin is very safe to invest.
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August 01, 2018, 04:00:42 PM
 #69

I prefer trading and also I prefer to invest in the trading market, I will continue to support bitcoin coins, I will work in the trading market
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August 01, 2018, 04:03:37 PM
 #70

The price is not cheap to buy mining equipment today, not to mention expensive electricity costs.if you get free of charge electricity then you may end up having 50% more returns over your mining.
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August 01, 2018, 04:06:54 PM
 #71

Bitcoin digging or digging is like digging precious metals. A miner needs intelligence, experience, time and, most importantly, perseverance. And so you get money from digging.
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August 01, 2018, 05:57:37 PM
 #72

Trading you can start with little money, but to mine you will need more investment.
Also if the energy is cheap where you live, mining is a great choice, as soon as it's all set up, it gets easier.

I agree, if you want to do mining you should have big capital to buy those things you Need for mining but if you  are doing trading you can start in small amount but also expect the fact that you earn is also small profit but at least you can start on small amount.
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August 01, 2018, 06:09:56 PM
 #73

you do not think that you are a bit late?) Now, "iron" is expensive, and for the extraction is paid less than before, it's not worth it

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August 01, 2018, 06:25:43 PM
 #74

Since bitcoin price digging its own value expectation out in this month. I love that value to reached soon in the market but people whoever do not want to growth of Bitcoin does not allow that to happen.

That is what bitcoin price currently showing out as the expected big growth this time.

If you want to start mining it will be work with the ASIC others such as gpu and computer.
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August 02, 2018, 01:53:00 AM
 #75


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.
With a market that is in a bear market now, I believe you should only trade short-term on bitcoin and should trade in order to minimize risk. The decline is strong and will be able to fall sharply in the near future, so mining will be more difficult and costly. Therefore, I believe you should not dig bitcoin, the market is constantly changing you always keep track of bitcoin when trading.
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August 02, 2018, 02:06:25 AM
 #76

The start to digging Bitcoin mines seems to be more difficult. Simply because the cost to start a digger system is not cheap, with it being the operation and maintenance. You can not know nothing but still do. You have to find out quite a lot. Trade is much simpler.
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August 02, 2018, 02:46:37 AM
 #77

The start to digging Bitcoin mines seems to be more difficult. Simply because the cost to start a digger system is not cheap, with it being the operation and maintenance. You can not know nothing but still do. You have to find out quite a lot. Trade is much simpler.
I believe that at this time of the day trading is the best choice to be able to make a profit safely, you can see that bitcoin prices are constantly fluctuating and adjusting very strong over time, So it is very difficult to trade successfully, but bitcoin has a far greater risk. The market is bearish and if the bitcoin price is not going to be profitable and you will lose more money. digger operating costs.
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August 02, 2018, 03:01:36 AM
 #78

Mining is really the best source of income in crypto, because it is totally passive, the only problem on that is you need a huge starting capital to start mining, you need huge money for buying materials for mining. But in mining, if you totally believe on crypto you are mining, you will mine all the way, but if that crypto will dump, then you are at loss.





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August 02, 2018, 03:17:56 AM
 #79

yeah, mining at the beginning it took huge capital and we should be aiming for quick ROI, while trading can start with a small capital and pursue profit as much as possible. but on the other hand trading, it took knowledge, and it's really not easy. so if have the money I prefer mining, this a simple job. because trading should continue to focus on the screen as long as possible I think, and it's going to be quite a drain on time.
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August 02, 2018, 04:28:17 AM
 #80

If you have enough experience and knowledge then the transaction will bring you higher profits and can say that they are more leisurely exploit. If you have the capital and experience, it will be better to participate in the transaction.

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