Between Crypto Trading and Crypto mining choose one

[dannolly]

Between Crypto Trading which is buying and Selling and Crypto mining which is to buy the mining machines and start mining
Which one do you choose?

 

[awesomewebsites]

None of these.

 

[bdman]

If mining is profitable, I will go for it.

 

[dannolly]

None of these.

Lol, why?

None of these.

Lol, why?

If mining is profitable, I will go for it.

What if two of them is profitable?

 

[RottenApple]

Both

 

[bdman]

What if two of them is profitable?

Is this is a Quiz?

I will go for which are less risky.

 

[aidandanie78l]

It depends on what amount you're doing with, if you're rich then trading , if not minning?

 

[dannolly]

Is this is a Quiz?

I will go for which are less risky.

Lol.. not a quiz.. anyway thanks for your opinion

 

[alurosu]

If mining is profitable, I will go for it.

What if two of them is profitable?

Check this out:
https://whattomine.com/
It's hard to make it work. There will be many months until you generate back your initial investment and because of network difficulty it's hard to estimate how long it will take.

 

[dannolly]

It depends on what amount you're doing with, if you're rich then trading , if not minning?

So you are saying that Trading required more money than mining?

 

[DJPaulyD]

Between Crypto Trading which is buying and Selling and Crypto mining which is to buy the mining machines and start mining
Which one do you choose?

Buy and hold is the better strategy

 

[mrakter8022]

mining is non profitable batter is trading or fixt buy and stock.....

 

[GiraffeBurgersAndFries]

It depends on what amount you're doing with, if you're rich then trading , if not minning?

I think this is backwards.

mining is non profitable batter is trading or fixt buy and stock.....

Disagree. I'm into miners and they are anything but not profitable. One of my investments currently mines about 7btc a day which will grow to about 15btc a day later this year. They're literally printing money lol. And thank you President Xi for the gift to miners: that drop in difficulty was welcomed

It's hard to answer your question OP as it needs to be more specific. Mining what? With what hardware? With what power costs? In the cloud or on-premise? Etc

With the right capital and setup I would very much prefer to mine. If you don't have that you're better off trading IMO.

 

[net307]

If I wouldn't pay the power for sure mining, nothing can't be more safe than mining without paying the power bill

 

[sanssoleil]

Mining is a good choice, but you need to have the money to cover the costs in case there is a problem.

 

[Salamouna]

Im trading with the money that im mining

 

[B1TCS]

Both are a nightmare

 

[B1TCS]

Lols

But I choose trading ofc, it's not worth it to mine crypto where I live, and I'm a degenerate so I keep trading and degening on leverage

 

[psvman659]

Trading will take multiple years of experience to be a profitable trader

Mining on the other hand is just setting up the rigs, and patience

 

[JessePinkmanBB]

I think this is backwards.



Disagree. I'm into miners and they are anything but not profitable. One of my investments currently mines about 7btc a day which will grow to about 15btc a day later this year. They're literally printing money lol. And thank you President Xi for the gift to miners: that drop in difficulty was welcomed

It's hard to answer your question OP as it needs to be more specific. Mining what? With what hardware? With what power costs? In the cloud or on-premise? Etc

With the right capital and setup I would very much prefer to mine. If you don't have that you're better off trading IMO.

What would you recommend to someone looking into crypto mining with a 7 figure budget based on your experience and forecasts?