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sdsonjoy50

Mining VS Trading?

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I've learned that mining can make better income from cryptocurrency, and many traders are saying that trading can make a lot of income.

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Bitcoin mining is one of the most controversial maneuvers in the world. On the one hand, if you find yourself getting into it, there’s a lot of money to be made. At the same time, there are a lot of arguments that the effects of bitcoin mining could be hazardous to the environment.

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I mostly recommended crypto trading which you see your result of gain or loss as soon as possible more than mining you are waiting for long term but end of the day the results become loss even if the results become with profit it will be so small profit.

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16 hours ago, sdsonjoy50 said:

I've learned that mining can make better income from cryptocurrency, and many traders are saying that trading can make a lot of income.

whether you mine or trade depends on your income and your free time, because trading is usually for those who have time to always check the market during the day and be ready for any trades but those who dont have time they either hold coins or buy mining rigs.

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I think but trading is better than mining the currency because you can earn good money even with mining  but there are various fake  websites that can do you financial loss but if you have ideas and experience about trading then you can certainly make good income on trading.  You have to be patient and cryptocurrency trading is the best way to go  To make a knock I think you can but learn currency trading and get income from here

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Both are a good way to make money but I think trading is best because in trading if you have enough knowledge then in a short time you can make much more profit but in mining, there needs a huge amount to start mining.

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On 11/26/2019 at 12:08 AM, sdsonjoy50 said:

I've learned that mining can make better income from cryptocurrency, and many traders are saying that trading can make a lot of income.

Trading can make unlimited profits and the risk is very low because you are the one controlling the risk on how you trade unlike in mining the devices are expensive and earning is very limited.

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mining or trading I think both have a big profit if you are an expert. In mining you have to calculate how much electricity you spend, hardware maintenance, how many coins you get, and what the price of coins in the market. But if you choose trading you have to learn fundamental analysis and technical analysis

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If there is good mining equipment then mining will require no knowledge unlike trading no risk no nerves. But these days you need good equipment so that the income was palpable.

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9 hours ago, Utsha said:

I think if you know about this trading then everyone say trading is better then minnig. Treading does not need a big investment. Little invest and little earn in this trade. So I think trading is the best then minnig.

Right to say in trading need no big amount as compare to mining and trading income is also good but if a traders have good skills about trading.

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On 11/26/2019 at 12:08 AM, sdsonjoy50 said:

I've learned that mining can make a better income from cryptocurrency, and many traders are saying that trading can make a lot of income.

You can easily make a profit with mining but with trading, you can even earn a bigger profit than mining because on trading you make your initial investment x2-3 depends on how active you do trades while on mining the profit is stagnant.

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I would like to prefer you trading because in trading you can make much more profit then mining where also the risk is low if you control it properly and in mining there need a lot of money to start. So i think trading is best.

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In my opinion both are good but I like the business side. When you have the right knowledge of trading you can make a lot of profit in a short time. On the other hand, huge quantities are needed to start mining

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Well if know how to crypto trading, you'll probably choose trading for sure, because if your wise enough to do or decide a good decisions you can really earn profit and become successful someday, however mining is like just incentives. 

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For me, I'd rather choose trading than mining, because trading is more profitable than mining, even though mining is profitable but still for me i see it lika its wasting a lot of electricity because mining is working 24/7.

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Just now, ako lng toh said:

For me, trading is better than mining because in mining you need to risk a lot of money while in trading you can trade even if you just have a small capital. 

Yeah trading is much more better than mining and there are many peoples who prefer trading than mining because mining have high risks.

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2 hours ago, ako lng toh said:

Yes, many people nowadays prefer trading rather than mining because in mining you will be wasting a lot of electricity because it needs to be operated 24/7. 

I agree with this nowadays electricity prices are very high. Because of the high electricity price you won't earn as much money because your profit would be lessen because of the electricity cost.

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On 11/26/2019 at 8:38 PM, heelsibat said:

Mining was profitable in back 2011 and 2012. But it is a loss project now. Because mining fee and your earning will be same no profit no loss. So if you start trading with at least $200 10 you can profit more than you expected. So you should remove mining from your head and concentrate on trading.

who told you mining isnt profitable as it used to be? these types of articles are made by people who live in first world but if you live in a third world country then you wouldn't have trouble paying for electricity with your mining gains because electricity there is cheap which makes mining very profitable.

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People who jumped into crypto world have their own skill. Some of them very like in trading method and the rest do some mining. Both of them needs some funds to start and also both of them has their own risk. But i think i prefer to choose mining, because the risk is low. They just cost more than trading.

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I think trading is much better than mining
He does not need any resources and his fees are much lower than mining fees
And also you may incur great losses by damaging your mining machinery and a lot of problems
Trading is the only loss that you rush to buy or sell

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I think both is different technical source, first mining is need some setup to gain profit, for trading is no need any setup just analytic to gain profit.

I think both have ability to make good money. I doing both, mining is more likely passive income, because everyday you can get coin no matter the price that day, but in trading is only targeting profit no matter what coin you trade.

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Personally, i think trading is better than mining because in trading, there is a lot of chance that you will have a lot of profit and trading is much prifitable than mining. Mining uses a lot of electricity so your sallary will just go with your electricity bill. 

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Both are good. those who don't have any asset for investing they can do mining. those who have enough asset to invest then he could invest it to make profit. I think trading is better for making huge profit.

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On 11/25/2019 at 11:08 PM, sdsonjoy50 said:

I've learned that mining can make better income from cryptocurrency, and many traders are saying that trading can make a lot of income.

You are right, about better income because the risks are almost non-existent, you only need to calculate pool and payment for electricity and other needs to mine. in mining there is no loss of money in my opinion, we can also sell our rig if your mining fails due to lack of information pool. while the risk in trading is losing money but behind a big risk there must be a big profit too.

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In fact, two deals are all business, but exploiting if the price is good or down, it is not possible to control you to produce and sell for profit, the child with the transaction, you can still earn or sell.
There is also the possibility of loss is also higher
good luck

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