Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: MOProgress on December 14, 2018, 11:37:18 AM
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I have not done mining before but I have done trading and trading gives profit depending on how much you are using for the trading, but I want to ask is mining better than trading?
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in my opinion mining is safer than risk, but trading is very profitable if we already know and experience a lot .
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I think trading should be better, I with this bear market, everything has gone high, even some mining farms has gone bankrupted. But in trading also one needs to have experience.
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Mining is better if you have a good machines trading if you dont have one.
But in terms of income mining is more safe than trading
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If you follow news on bitcoin, you would have read about huge bicoin mining companies shutting down their operation. That alone will tell you which one is better to do now.
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Each coin does appear to have a pattern of its own and for obvious reasons it is better to invest in a coin which has an overall upward movement. Of course there are always going to be external influences which throw the pattern off its usual course.
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I have not done mining before but I have done trading and trading gives profit depending on how much you are using for the trading, but I want to ask is mining better than trading?
Everything about mining trading and Bitcoin depends on your experience and capital to start.
I will say that your knowledge about mining will give you advantage but you have to consider the cost of getting a mining farm. Trading also requires experience but you can actually start with small capital and probably become a big trader if you have some experience.