micknessjocular
Newbie
Offline
Activity: 30
Merit: 0
|
|
August 24, 2018, 04:25:29 PM |
|
risk of mining is less, but still, both of them are risky.
|
|
|
|
Gralph
Jr. Member
Offline
Activity: 126
Merit: 1
|
|
August 24, 2018, 08:17:42 PM |
|
Mining to me is safe, this is because it requires the validation of decentralized transactions with high calibrated nodes, the process of mining only requires your commitment in monitoring of online transactions by investing little or nothing in the line of business. Your reward will be measured by the degree of your hard ward. This can virtually be ascribed to as your proof of work (POW) before you can be rewarded with stakes at the end of the given assignment
Therefore, mining requires little or no risk.
|
|
|
|
husanlarisa
Newbie
Offline
Activity: 126
Merit: 0
|
|
August 24, 2018, 08:21:15 PM |
|
I want to know about mining vs trading topic. Many people saying that mining is the safest source of earning some coin. On the contrary, some other people say that trading is the best source of earning money. As a newbie, I am a bit confused about that. Which one is safe to do you think?
From safety account, in my opinion, mining is a winner if done correctly. At least, it is a passive income. You don't trade in volatile market. You can sell the hardware after you mined enough.
|
|
|
|
Victorik
Member
Offline
Activity: 994
Merit: 14
|
|
August 24, 2018, 08:28:59 PM |
|
One need techniques for both. I will trade than join mining companies. But when you do trading technics, you lossf und too quickly. Mining can be kept for the future gain.
|
|
|
|
traktornut
Newbie
Offline
Activity: 70
Merit: 0
|
|
August 24, 2018, 08:31:33 PM |
|
in both cases, there are pros and cons. I believe that mining is more stable and safe, but to create a farm you need a lot of money and now mining is not as profitable as before.
|
|
|
|
Lygushka
Newbie
Offline
Activity: 48
Merit: 0
|
|
August 24, 2018, 08:40:42 PM |
|
Trading is risky. If you choose mining, you should consider the cost, if you choose trading, definitely you are entering into serious gambling.
|
|
|
|
kongz
Member
Offline
Activity: 868
Merit: 11
|
|
August 24, 2018, 08:57:52 PM |
|
Both are risky. But if you are a newbie, trading is more have a risk than a mining. Maybe you can start trading with a few money.
|
|
|
|
hmil
Newbie
Offline
Activity: 238
Merit: 0
|
|
August 24, 2018, 08:59:03 PM |
|
Mining is a good option but unfortunately now does not bring the desired income. It is better to certainly trade, but this trend is currently being observed because the market is downward and whatever you buy today may fall in value tomorrow. I prefer investing in ISO. There is no need to constantly stick to the computer, it is important only to choose the right computer. I also advise you to pay attention to the company's ICO MPCX is a digital block-driven financial services platform. Our long term aim is to aggregate all the crypto financial services into one place. MPCX is designed to serve entities' and individual's needs in the areas of digital wealth management, cryptocurrency exchange and trading, digital banking, crypto research and ICO promotion, and crypto lending. A great opportunity for investors to invest in a new project. This project has a very strong team. I am sure that the whole world will soon find out about this!
|
|
|
|
usmanov123
Full Member
Offline
Activity: 434
Merit: 102
Chikuntv
|
|
August 24, 2018, 09:01:14 PM |
|
There are risks and opportunities in both. It depends where do you have an edge.
|
|
|
|
Flamebellow
Member
Offline
Activity: 364
Merit: 19
www.codex.one
|
|
August 24, 2018, 09:08:31 PM |
|
There is always a risk to lose money on crypto market , but I think that mining is more safer than trading . But mining require a special hardware , free house space , high electricity capacity , so it is not suitable for everyone , while you need only a laptop to start trading .
|
|
|
|
arnoldspicemerchant
Newbie
Offline
Activity: 32
Merit: 0
|
|
August 27, 2018, 10:11:19 AM |
|
One way to mine altcoyins is passive income, which is offered by about ten altcoyins. Currently I'm studying this opportunity to invest. Here you need to keep coins in the special purse of altcoin and be online. Very easy money. The main thing is to choose a coin that would stay afloat and grow up.
|
|
|
|
tuikindu
Newbie
Offline
Activity: 238
Merit: 0
|
|
August 27, 2018, 10:13:35 AM |
|
Mining is really expensive these days, and it takes a lot of investment to do it the right way and make a lot of money out of it.
I think the price of the secondary market is very suitable for investment now, as long as we hold it for a long time, we will get more returns.
|
|
|
|
DarkTrix
Sr. Member
Offline
Activity: 532
Merit: 250
Keep - The privacy layer for Ethereum
|
|
August 27, 2018, 10:15:40 AM |
|
I want to know about mining vs trading topic. Many people saying that mining is the safest source of earning some coin. On the contrary, some other people say that trading is the best source of earning money. As a newbie, I am a bit confused about that. Which one is safe to do you think?
I think trading and mining is not good decision for newbie. Invest for long term is more better
|
|
|
|
trobbert
Member
Offline
Activity: 462
Merit: 10
|
|
August 27, 2018, 10:16:12 AM |
|
Trading is safer, because during this bloodbath ROI of mining is close to 0 and sometimes cost even higher, so mining is in loss. At the same time with trading you can earn on falling market
|
|
|
|
Mendrofa
Member
Offline
Activity: 455
Merit: 13
|
|
August 27, 2018, 10:16:49 AM |
|
In my opinion, I prefer to be a long-term investor, I will hold on to the next few years and collect coins and sell for the next few years because in my opinion it is a safe way to invest and make a good profit in the future.
|
|
|
|
DarkTrix
Sr. Member
Offline
Activity: 532
Merit: 250
Keep - The privacy layer for Ethereum
|
|
August 27, 2018, 10:17:51 AM |
|
Mining is really expensive these days, and it takes a lot of investment to do it the right way and make a lot of money out of it.
I think the price of the secondary market is very suitable for investment now, as long as we hold it for a long time, we will get more returns.
Agree. Mining is not only expensive but also requires some special knowledge abou this
|
|
|
|
Commitments
Member
Offline
Activity: 532
Merit: 10
|
|
August 27, 2018, 10:19:18 AM |
|
I am always choose trading for saving way earn money with crypto than I have make mining, I know how effect for mining we have to buy mining tools and waiting more than two or three months to take profit, in trading we can get much profit if lucky and only short term we can take profit.
|
|
|
|
DarkTrix
Sr. Member
Offline
Activity: 532
Merit: 250
Keep - The privacy layer for Ethereum
|
|
August 27, 2018, 10:19:37 AM |
|
Trading is safer, because during this bloodbath ROI of mining is close to 0 and sometimes cost even higher, so mining is in loss. At the same time with trading you can earn on falling market
Trading is not safer. 90% traders is lose money - this is fact. Especially on the bear market
|
|
|
|
garciacarral
Jr. Member
Offline
Activity: 153
Merit: 1
|
|
August 27, 2018, 10:53:55 AM |
|
From my point mining is here, trading is very risky in the way of responsible decisions. Not all of members can trade only on positive results, it needs in practice.
|
|
|
|
camperous
Newbie
Offline
Activity: 83
Merit: 0
|
|
August 27, 2018, 10:56:31 AM |
|
Both is profitable to go into. But mining is safer if you can afford the running cost of a mining plant
|
|
|
|
|