Mining or Trading which one is safe?

[catok broek]

in the crypto world the safest position is by mining to be able to profit compared to trading. because that is a sure thing.
but by mining you need a lot of capital to buy the supporting devices.

[rltim555]

Trading is much more safer,but mining is better when crypto price is higher.
Currently mining sucks , it is below electricity price,so trading is a solution right now

[xclusiveguy]

Mining has a less minimal risk as compared to trading,  but the problem with mining is that you need a nice sum of money to make it big in mining,  as for trading is highly risky and require less fund to start up

[HichemFetoui]

in my opinion, the long-term investment is the safest option try to believe in some startup and stick with them until they grow and you will make nice profit good luck

[aomakun]

I think trading is safer than mining even though both of these things have the potential to lose but safer is trading. the strong reason is that trading does not require a lot of capital in the sense that you can learn to trade with a small capital compared to mining that requires a machine that spends a lot of money

[thinkright]

The both have risks associated and it becomes intense if you have less knowledge in any of them. But personally, I will go for mining over trading when it comes to safety

[edisystem]

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?

Both mining and trading have a plus and minus. On mining, you needs to buy a mining tools/rigs, also you needs to calculate the expense, like internet bill, electricity bill and other things. On trading, it's more easier than mining IMO, because you don't need to calculate the expense, you only need to find a good coins that looks promisin in the future.

[Zdraste16]

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?

Both of these methods of obtaining require investment.  Which one to choose, you decide.  If trade can be tested with small investments.  With mining, this will not work, because weak equipment will not bring income.  You can do BOUNTY, for newbies this is the most important thing.

[Caesar-Giulius]

I feel that both trading and mining are risky since you are betting that the coin you are going to mine or trade is going to appreciate in value. Trading might be a better option for most people since mining require cheaper electricity cost.

[alex_kir]

Today, this and that is not profitable, because prices in the market are falling and they do it very quickly, everything goes to hell, I don’t know what to do with it, of course I’m scared like others, I just don’t understand how to save at least a little of mine deposit.

[dumplingsandsushi]

It really depends on your situation, let me try to break it down.

Mining costs way more money up front, think thousands to tens of thousands of dollars.
By now, just using your home pc to mine isn't cost effective, you would have to get a pc specifically for mining (strong gpu) or an ASICS (crazy expensive).
If you are mining one of the major coins, you would have to join a mining pool and consistently put out a strong hashrate.
That means that maintaining your mining rig also costs quite a bit.
If you live in a country where utilities are expensive, this can become a pretty huge monthly expense.

For investing, there is the convenience of putting in only as much as you want to.
But, also for a newbie, there is a huge risk of making poor trading choices due to lack of knowledge or inexperience.
Just about every single new investor has had to learn the hard way (even if you did a ton of research).

So, in the end, it depends on your situation really.

[Lerikaweb]

It depends on how fast do you want to have any [potential] profits. Mining requires both skills and investment while trading requires skills and lower investments))

[martin1221]

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 both crypto activities are risky especially if you don't no the long-term potential of the coin your joining. If you are sure that it is legit, mining I think is less risky than the two as after setting up your rig you will be receiving constant rewards. But in trading you always have a risk of losing or gaining depending how you predict the market value of the coin. But then, more risks mean more rewards.

[mustafayasinsenturk]

If you think the coin you're digging is going to rise. Instead of mining, you can buy coins in exchange.

[xialan_lu]

I think trading, although both are not safe but trading has a lower risk than mining and more liquid, because after mining not profitable is very difficult to selling back the hardware. But everyone has a different opinion because this must be adjusted to the conditions and time you have, considering trading takes a long time because you have to keep monitoring it

[Magkirap]

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?

Mining is a good idea but it need huge capital and we all know that electricity is very expensive and once you do mining you just waste your money or simply to say you will not earn profit because you will use it to pay your bill in electricity so I will choose trading than mining. I prefer to trading because in trading it you will enchance knowledge about business and trading world.

[Whaletale]

The two are ok but the cost to run mining and other equipment needed are costly too but trading could be very nice as it has it own risk too , and many are free to trade than mining .

[BigTasty]

Both of them are risky. I believe. But mining is more secure than trading. And now market is difficult to trade. So, I prefer mining, for me it seems more safe.

[jardine]

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?

Mining, i think, much more safe. You don t risk almost nothing, in worst case scenario you can sell the hardware for half a price (or more).
But in mining you have not so fast ROI and low/middle level of profit; so, need to be patient and have a cheap electricity.

In trading you can earn much more money, but risk also much higher and chances to lost everything is real.
And learning of trading is more risky than learning of mining.

[South Park]

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?

There is not a way to make money in any market in a safe way there is always a risk, and the size of the risk will depend on many things but one of the most important are your skills, if you are a good trader and you do not know anything about mining then it is clear that in those circumstances trading is less risky for you and if the opposite was true then mining will be less risky, so you'll need to make an assessment of your skills and try to determine what it is less risky for you.