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Author Topic: Mining or Trading which one is safe?  (Read 3221 times)
nak02
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November 22, 2018, 06:02:20 PM
 #281

Well mining is more safer than trading, why? Because in the mining you already earn and make money but in trading it was risky to earn, you will lose sometimes.

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sergei1703
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November 22, 2018, 06:14:14 PM
 #282

Nowadays pow mining is not profitable for ordinary people with one -two ASICS. Trading is also very difficult and risky activity, so I prefer to mine coins with a pos algorithm like Waves, without any miners and huge electricity bills.
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November 22, 2018, 06:17:23 PM
 #283

Mining is now beneficial to large enterprises. Or those who have access to free electricity. But still, if we look at the prospects in the long term, then we can mine some time without profit, relying on a new upward market period. If you learn to trade, you can always earn, and in a falling market, too. If there is knowledge and opportunities, then I would combine both.

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November 23, 2018, 01:48:54 AM
 #284

I think trading is more risky, but I prefer trading. because trading is the strength of our strategy in playing in the crypto industry. while the minning, requires expensive electricity costs and when a red market occurs, we can lose big if it is calculated between the cost of electricity and the minning results obtained.
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November 23, 2018, 02:17:35 AM
 #285

IMO mining are still way more safe compared to the crypto trading. We can earn coin everyday by doing mining and the result of it are up to you wether you wanna hold it or selling it. I suggest to you for doing your own mining system rather than cloud mining, it is way more safe.
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November 23, 2018, 02:58:16 AM
 #286

Mining to me is more risk free, it only takes your time, cost for mining equipment and electricity bill and you are set unlike trading where you will have to invest money which you can lose in a twinkle of an eye.

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simak84
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November 23, 2018, 03:59:34 PM
 #287

If we talk about beginners, then both options are not the most successful for them.
Mining has become very expensive and not profitable now, and trading requires a lot of experience.
Therefore, it is better for beginners to refrain from both options now.
chrismartin
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November 23, 2018, 04:09:54 PM
 #288

Both mining and trading has needed some of funds needed before you cam start up on it. And i must say that those are not safest at all. But it also depends on what you can afford mate if you will choose in both of them. If you have enough money to start up into mining, them its okay. If your money cant afford those pc to use in ming jist go on trading. But i assure that there are no safe at all in both.
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November 23, 2018, 04:19:04 PM
 #289

According to me trading is the best way to make money witllh less risk than Mining. Cause mining is very difficult and there have lot of chance for losing money.
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November 23, 2018, 04:29:03 PM
 #290

IMO, both are risky. But at times like now when the coins are already at low price, I will choose to buy the coins with the initial capital instead of buying the equipment.
jan.nicolas
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November 23, 2018, 04:34:34 PM
 #291

Trading, of course, trading, because mining today is clearly not in a favorable situation, because as I understand it today, mining is unprofitable, because cryptocurrency prices are very low.
hesham51
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November 23, 2018, 04:41:04 PM
 #292

The risky situation emerge when the price becomes volatile, I don't see mining safer while the price of the coin you mine fall down. both mining and trading aren't safe.
anyway you will need to distribute the risk over mining and trading.
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November 23, 2018, 04:52:20 PM
 #293


Safer than mining by me. But you need to invest in mining for the first time. Trade depends on the factors you can't influence, whales direct the whole market. The coins are falling at high levels when you don't expect it. In mining, guaranteed after a certain period of time

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November 24, 2018, 05:52:04 PM
 #294

Well mining is more safer than trading, why? Because in the mining you already earn and make money but in trading it was risky to earn, you will lose sometimes.
You can lose money when you mine as well, to begin with the investment that you need to make as a miner is very big and just as a trader your profits will depend exclusively in the movement in the price of bitcoin and as you can see right now, those movements are mostly negative and if the costs of electricity were very high you will be losing money if you were mining bitcoin.

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CryptoGuro1
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November 24, 2018, 06:10:41 PM
 #295

I would stay away from mining, its a no win situation as there are too many large scale people doing it. Trading is very risky as the market is very manipulated right now so in all I would just long term trade

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November 24, 2018, 06:12:43 PM
 #296

in my opinion the cost for capital in making mining equipment to mine is not very comparable to the results of coins being mined, especially now the price is experiencing a deep decline. my advice is to trade only

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zemper
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November 24, 2018, 06:51:59 PM
 #297

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?

Now mining is no longer profitable as before. The price has fallen so much that many miners are at a loss and are waiting for the price increase for coins. And the time for purchase and further sale is just the same favorable, everyone is waiting for growth.

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November 24, 2018, 06:55:34 PM
 #298

Well, of course now at this time trading is the most profitable, and to mine you need a lot of equipment to earn

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November 24, 2018, 08:46:02 PM
 #299

Mining is still profitable for those who has very cheap or free electricity. Many miners in Russia have free electricity so they mine and cash out immediately. Most people have no trading skills so they can buy and HODL only but it's not profitable now.
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November 24, 2018, 08:56:20 PM
 #300

And when will growth begin?
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