Trading or mining?

[barabarian1]

Looking at the current market situation, I prefer to trade. Doing mining requires a lot of costs, and the current price tends to decrease. By calculating the costs incurred and the results we get. I don't think it's right to do mining at this time. It's better to buy at a time like this, and hold it until the price is fully recovered. Or buy to trade.

[popolite11]

It depends on country maybe. In my country cryptocurrecy is not that widely known. Maybe BTC but not that to much. Trading is very popular maybe for me because Mining here in my country is very difficult to afford of. First, Electric power consumption is very expensive here. Second, Internet connection is very limited and can be aut down if you will not pay exactly while their service was slow though. And lastly, super computer is very expensive here. Trading may be applicable in many ways because of easy circulation.

It also depends on the cryptocurrency which you mine. For example, Ethereum mining does not bring profit now. If you mine Zcash you might earn more and do not lose anything. However, I prefer to trade - the electricity is too expensive.

[bitcoinveda]

It depends on country maybe. In my country cryptocurrecy is not that widely known. Maybe BTC but not that to much. Trading is very popular maybe for me because Mining here in my country is very difficult to afford of. First, Electric power consumption is very expensive here. Second, Internet connection is very limited and can be aut down if you will not pay exactly while their service was slow though. And lastly, super computer is very expensive here. Trading may be applicable in many ways because of easy circulation.

It also depends on the cryptocurrency which you mine. For example, Ethereum mining does not bring profit now. If you mine Zcash you might earn more and do not lose anything. However, I prefer to trade - the electricity is too expensive.

Yes, you are right we have to check the prices of electricity because we don't know which coin is more profitable. In the current situation of the electricity prices it is not good for mining because we might have to spend more on electricity bills only.

[baconlike]

With me the mhuw hard market now the mining is appreciated. However, I am passionate about investing whether the market is difficult

[karavay_71]

I don't think that mining may work for today. Difficulties for the best coins are extremely high and electricity may be ever more expensive, trading is a good thing to earn profits any time, on the other hand.

[Dark Sky]

I don't think that mining may work for today. Difficulties for the best coins are extremely high and electricity may be ever more expensive, trading is a good thing to earn profits any time, on the other hand.

but in my thoughts both are best if because trading will give you daily profit and then mining will give you monthly profit but if you cannot afford mining system so trading will good for other wise solar panel can solve your all problems and then you can earn much more money from bitcoin because bitcoin is most useful currency in the world. 

[husnanparebok]

Some times, one of my friends suggest me to build mining rig. then collect somes, the start to learn trading. another suggest me to invest $200 to start trading (and join bounty campaign), after we have enaough money, he suggest me to start build mining rig. but in my opinion, if we have enough money, build mining farm is better than trading. because, trading require more time, energy and emotions. like take action to earn. mining is like passive income. we do not need to spend a lot of our time. when we sleep, we earn. when we in toilet, we earn. when we breakfast, we earn.

[astridwi]

mining requires large capital to buy mining equipment and currently operational costs are also increasing, I think trading is better because we can better determine profit targets and investment period even though the risk is greater than mining

[Bella Thorne]

Maybe it's a trade of altcoins today because of the fall in their prices right now that I think you can only minimize the profits of mining when it's losing its coin mining because of its down price.

I have a fried that is doing mining he said that mining is also a profitable thinf to do, so i am also planning to do mining next year but now i will be mote focus on trading my altcoins and trying to make more money before this year will end.

[Tamim121]

In my opinion trading is better than mining. Though in this current situation mining is profitable but it need much machine power. In mining you must need more knowledge and there is some risk. But trading is easier than mining and by it you can make profit also.         

[spartanrules]

Mining requires knowledges about equipment and always to monitor conditions of working equipment. Also you have to wait for a long time to sell cryptocurrencies which you have mined, on suitable prices. Trading can provide you with quick profit, but IMHO it is more difficult. So personally I prefer to trade.

[gayan777]

Bitcoin futures, which failed to generate the investor interest some had hoped for when CME Group Inc. and CBOE Global Markets Inc. first offered them in December, are finding support from an unlikely quarter – cryptocurrency miners, according to MarketWatch. Miners are using futures to hedge their bests amidst the rising cost of mining bitcoin.

[gadimbrut]

mining and trading have advantages and disadvantages but I prefer to trade because it has more advantages than mining but it is more risky than mining but if you want lower risk choose mining

[Wintersoldier]

both of these do have a big risk, but there is a difference between the two. I suggest before you choose one of the mining and trading you should have understood some advantages and advantages of doing so and we know that doing mining is in need of a large initial capital.

In reality both of these is a good option for us to earn. Yet, we badly need to choose when it comes to our priority and needs. But it doesn't require us to chose only one we could deal by both but we need to make sure to do our best to earn in both ways.

[ardentvolcanoes]

both of these do have a big risk, but there is a difference between the two. I suggest before you choose one of the mining and trading you should have understood some advantages and advantages of doing so and we know that doing mining is in need of a large initial capital.

In reality both of these is a good option for us to earn. Yet, we badly need to choose when it comes to our priority and needs. But it doesn't require us to chose only one we could deal by both but we need to make sure to do our best to earn in both ways.

Maybe you can do both if you have a large sum of investment, mining needs really a huge capital while with trading you can start with some decent amount
if you want to deal with both you also need to gather more knowledge and deeper understanding, you need to classified if you can handle the risk and how well
you can deal with analyzing and assessing the market.

[btcyoda]

both of these do have a big risk, but there is a difference between the two. I suggest before you choose one of the mining and trading you should have understood some advantages and advantages of doing so and we know that doing mining is in need of a large initial capital.

In reality both of these is a good option for us to earn. Yet, we badly need to choose when it comes to our priority and needs. But it doesn't require us to chose only one we could deal by both but we need to make sure to do our best to earn in both ways.

Yes, in the most cases mining can't be profitable due to electricity cost factor and for equipment, we need to invest money very hugely. So it is always good to keep trading instead of mining with little investment in trading.

[gorodi]

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.

[Vsamuel]

I have never tried mining before. But trading i have. I hear mining is very complicated and pretty demanding to trading. I have also heard it more lucrative to trading. If i had enough money, i will invest it into mining and shun trading. Indirectly, i  am saying you might want to consider your thoughts on mining.

[Yramesor0]

Mining is costly. It needs a lot of capital to have a mining rig that can collect a maximum amount of coins hourly. To have a better mining output you need an expensive amount of equipment that is why you need a lot of money to invest in. Unlike in trading, you can start little by little and once you are skilled enough then you can increase it gradually. Thus, I prefer trading than mining.

[Samuel Cofie]

I would advice you stick to trading for now to earn enough money to support your mining farm house. I think running a mining farm is full time job and needs dedication. Hence it is important that you establish yourself very well before you begin to mine