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Author Topic: Trading or mining?  (Read 4804 times)
Bunsomjelican
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September 21, 2018, 03:26:58 PM
 #601

If you are big investors buying mining rig is a good choice, though its too expensive each and the cost is also high in terms of electricity, so the mining should be put into a cold place area to lessen the cost of electricity, then if you do this you can earn Bitcoin daily without doing anything. While on doing trade it needs knowledge first before making trade in the platform.
Darkmoon85
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September 21, 2018, 03:29:34 PM
 #602

Trading is little risky investment because you should always monitor the market then only you will earn good profit in this platform.Trading is a good investment monitor. The only issue here is that without enough knowledge, it always result into failure anyway. Mining also requires great deal of knowledge as well so you do not end up with a less efficient miners or mining what could not end up profitable in the long run.
junglist.massive
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September 21, 2018, 03:52:55 PM
 #603

Before you start mining, you must calculate the cost of electricity in your country and the cost to buy mining tools. With the big difficulty now the results of mining are smaller and you will get ROI longer.
EddyGameta
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September 21, 2018, 03:58:37 PM
 #604

Why don't you just try trading?
Trading does not require tools and maintenance costs, but as you know the risk of trading is huge. If you can manage your finances, your emotions and want to read the latest news I think you can avoid losses from trading.
suzukiy
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September 21, 2018, 04:39:07 PM
 #605

if I have a lot of free time then my advice is better to choose both trading and mining, both have advantages and disadvantages that complement each other, so in my opinion it is worth choosing both trading and mining
NRista94
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September 21, 2018, 06:38:11 PM
 #606

For mining you need to invest in your equipment, and for trading in your portfolio, in both cases you need to invest, but with the bear vs bull market, in trading you need only the bull run, while with mining you need both, when the price drops you can mine more coins, and than wait for the bull run to sell your assets, only you can make the decision based on what you think better suits you.

StairsGold(STG)
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September 21, 2018, 06:40:48 PM
 #607


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.

Commerce
kidflash
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September 21, 2018, 08:18:21 PM
 #608

I think you can do both. Only you choose which portion you want to prioritize. I recommend trading because I don't like mining and I have regular jobs.
hotshotofficial
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September 22, 2018, 02:16:32 AM
 #609

mining is very costly, but trading is a little bit risky,although trading is good  i think  , but have to get good knowledge  about it   
Limsam
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September 22, 2018, 02:54:34 AM
 #610

For me, both trading and mining are really difficult. Firstly, i think you should learn more about trading and mining to understand about it. And then, i think trading may be better decision for you to choose
leonix007
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September 22, 2018, 03:06:04 AM
 #611

Mining for no risk, without knowledge
Trading needs knowledge

Not true

Mining also needs knowledge

And definitely has risk

Imagine you buy an ASIC miner worth 1000$ and in a matter days became useless

knowledge should be a part of it, research a better mining gear and coin to mine and the seasons

BlackPanda
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September 22, 2018, 04:13:16 AM
 #612

For me, both trading and mining are really difficult. Firstly, i think you should learn more about trading and mining to understand about it. And then, i think trading may be better decision for you to choose
Trading is indeed a good choice because it has a fairly good level of security in investment status. Unlike the case when we do mining, mining requires a lot of money to buy some mining hardware. Besides that, we also have to be preoccupied with configuring the mining hardware we have. Moreover, for a beginner, Trading is much easier to choose from.
dharavikala
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September 22, 2018, 11:54:34 AM
 #613

Both exchanging and mining have their own particular favorable position and disservices. Mining is great and productive on the off chance that you have the required equipment and power to set up a standard mining ranch. Or then again you can be mining less expensive altcoins and be great. Exchanging is a greater amount of a venture which does not require much capital like mining to fire up. Contingent upon your capital check the one you can bear the cost of and let it all out.
Alexbenua97
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September 23, 2018, 09:47:29 AM
 #614

Better to hold. Every day, dipping the crypt at different levels. Because while you learn to trade, you will shell out a lot of money. You'll be mined, you'll spend money on equipment and electricity. So the Hold is Hopeful

cpk02
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September 23, 2018, 09:58:39 AM
 #615

I think trading is a good way to earn more money in the crypto world. but you need to have a good knowledge of Crypto world or you can be lost your money.
jakezyrus
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September 23, 2018, 09:59:50 AM
 #616

trading is hard and navigating on an online exchange just to do trades is a bit complicated at first , plus you also need a capital in order to get started . thats why , i didnt continue to pursue trading .

In mining , mining is easy because there are lots of different sites that offers free mining like browsing mining  . all i need to do is to click on start button in order to get started but i must confess that the profit i earn on them wont be enough to make a living .
Johnzky
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September 23, 2018, 01:00:58 PM
 #617


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.

YOu are the one who should answer a question

Does your government has a low price for electricity?If yes then go and mining because thats one good source of income and doing nothing but wait

And if the electricity in your region is too high.then better do trading or much better holding than considering mining
Sunyoto
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September 23, 2018, 01:06:26 PM
 #618

for us to prefer trade than we have to mine, because for us mining also requires large costs and the time we get is also long, compared to we trade.
Rhego
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September 23, 2018, 03:39:01 PM
 #619

Trading is only profitable in bullish market. These days coin keep on decreasing in value and all the people who trade are in a loss. On the other hand Minning gives you daily profit as you keep on mining daily
goodluck0319
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September 24, 2018, 06:36:34 AM
 #620

I think that if you have reliable people who can use your money for production, then this is a good diversification
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