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Author Topic: Trading or mining?  (Read 4804 times)
chuyengia2244
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August 12, 2018, 03:41:33 AM
 #161

If there is money to invest, mining will be an option not bad. My country lives relatively cheap electricity prices, benefits are not lower than trading.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Dowrich80
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August 12, 2018, 10:50:22 AM
 #162

Mining is the best thing, You have no problem just one time set up and all life get advantages by Mining but trading is a headache, when you have a mind of trading then you must watch different coins on daily basis check their updates and news and other people’s opinions on it there is totally tensions.
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August 12, 2018, 12:48:17 PM
 #163

If you can afford to setup good mining rig can make you profitable then it's a wise decision than find yourself in trading with too much pressure due to volatility. Although trading can give you much earnings if you will do more time and bigger capital.
jerowacik
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August 12, 2018, 05:13:20 PM
 #164

You always can invest in copper either by trading in the futures markets or by putting your investment dollars in companies that specialize in mining
Kimi80
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August 12, 2018, 06:45:09 PM
 #165

My good friend started with mining ten months ago. He started with one rig. After three, four months he had four rigs. It seems like it is profitable since he expanded his 'business'. As I understand, only problem he could have was electric energy bills but he solved that problem by placing rigs on different locations(at his fathers house, mother house etc). Overall, he is not complaining, never had problem with hardware, he is still mining and saving his coins. He is trading too but is not good in it and his primary coin income source is mining.
Make analysis, see what you can get out of mining, I think that you can find that info easy, and decide
mahibul49
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August 12, 2018, 07:04:14 PM
 #166

if you have some knowledge about crypto then trading is good to me and mining is also good but mining need electricity cost.
so i prefer trading than mining

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August 12, 2018, 07:23:13 PM
 #167

I would say that mining is less risky than trading, but by successfully trading you can earn more money than just mining any coins

dead_m92
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August 12, 2018, 07:47:40 PM
 #168

Mining is not profitable anymore, i think that trading is much more better because you can make your own decision and if you lose, it is only because of your mistakes.

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mey466
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August 12, 2018, 08:10:43 PM
 #169

both need capital. those who have big capital will definitely choose to mine, I am different, I prefer to trade, with big capital, I can buy various altcoins for trading, it can create opportunities to branch profit
sublime5447
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August 12, 2018, 09:35:04 PM
 #170

It depends on the amount of your money and your courage because each of it has advantages and disadvantages. To get coins faster you can choose to trader, if you like it longer and safer you can try mining.
ooeygooeygold
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August 12, 2018, 10:05:03 PM
 #171

I would say that mining is less risky than trading, but by successfully trading you can earn more money than just mining any coins
This is a very good investment in the cryptocurrency market that investors can find out. Exploitation is risky, but profit is not great except for exploiting new coins and expecting it to grow strongly in the future. Trade is more risky but profits are great and effective for professional financial investors.
samycoin
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August 12, 2018, 10:11:04 PM
 #172


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 and trading is good but you need of knowledge about this two because they have different way to give a good earnings. And also make a research before you do a mining and trading so you know the strategy.

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Ganbound
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August 13, 2018, 06:48:36 AM
 #173

I prefer to trade, now we have to buy coins in the market, because all the coins in the trading market are decreasing, buy as much as we have capital, then trade with the long term, we will definitely have the profit very much.
Trading is more profitable because we can buy the coins and wait for their price to rise whereas mining is a little bit complicated as there are lot of algorithm involved along with electricity.
micleeiu398
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August 13, 2018, 11:16:37 AM
 #174

I chose trading because mining still does not have maximum additional profit. we know if trading can be done with any capital and it can certainly work if trading is done correctly. but in contrast to mining who have to prepare big money to buy equipment for mining.
Actually most of the miners who start it as profession and have tendency to work in different environment, they face big problems. There are kind of miners who are making good money but that is very little number. Mostly those who orient towards mining are not able to even get their investment amount. The big reason is high cost of electric and non-availability of high standard systems.
Rupcrypto
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August 13, 2018, 11:27:26 AM
 #175

Trading is more profitable than the mining because if you start trading you can buy coins and wait until it's price will be raised. Mining Is more expensive and complicated
jhonjhon
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August 13, 2018, 11:43:49 AM
 #176

Mining really needs huge funds for capitalization for being a competitive mining industry. We have facing the huge adoption of cryptocurrency and truly miners will give support this for the success. But the situation isn't good enough to risk our money for mining at this time due to market volatility. It is better to go for trades and save a lot of money to put up for investment, and do less expenses.
Luu An
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August 13, 2018, 11:46:50 AM
 #177

As i know, at the moment if you invest to mining ROI is reduced too much compare with Q4 2017, Q1 2018 due to BTC, ETH price equal 30% that time, so cost for equipment, electric fee will make more time to get benefit from mining.
Mateo123
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August 13, 2018, 11:56:54 AM
 #178


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.



Actually it all depends to you,,, to the capital and the knowledge you have,to think both are includes risk so the decision is in yours,,, but personally i would choose trading, i found it out how profitable it is, so im gonna stick with it,,,,
KenChanYu
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August 13, 2018, 11:59:43 AM
 #179

Mining really needs huge funds for capitalization for being a competitive mining industry. We have facing the huge adoption of cryptocurrency and truly miners will give support this for the success. But the situation isn't good enough to risk our money for mining at this time due to market volatility. It is better to go for trades and save a lot of money to put up for investment, and do less expenses.

Just try to figure out doing trading with smaller funds that you had, and thinking or planning mining can be possible when you already gain enough amount of money from trading. Mining cannot be an easy ways of earning profit, because it needs to consume more electricity in order to run at maximum performance. If you had slow serving computers, the profit might not be good and it couldn't cater the needs for more transactions that will be sent to the network nodes.
cpkozak
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August 13, 2018, 12:34:23 PM
 #180

If I was I would choose to invest. Investing makes more money if you know how to invest. The current bitcoin mining is very difficult to profit because the cost of exploiting bitcoin is very high.
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