Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Page 1 of 2 1 2 LastLast
    Results 1 to 10 of 11

    Thread: Bitcoin mining or trading?

    1. #11 Collapse post
      TraderBR is offline
      Junior Member TraderBR's Avatar
      Join Date
      Nov 2019
      Posts
      27
      Thanks
      3
      Thanked 3 Times in 2 Posts
      SubscribeSubscribe
      0
      I don´t believe both can be proftable, but the succes and earnings will depend on your capability to get the nunaces ofg the market and use in your favor.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #10 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 177 Times in 148 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by kachinna View Post
      Bitcoin mining is more of a long term investment which is less risk. Unlike trading which involves lots of skills. Mining is risk free in the long run. Bitcoin miners keep the bitcoin network secured.
      Correct. You are safe in Bitcoin mining as long as you can maintain your trading capital and has funds for electric consumption..

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. The Following 1 Users Say Thank You to Mr. Cid For This Useful Post:

      Unregistered (1 )

    4. #9 Collapse post
      kachinna is offline
      Senior Member kachinna's Avatar
      Join Date
      Aug 2019
      Posts
      251
      Thanks
      1
      Thanked 30 Times in 22 Posts
      SubscribeSubscribe
      0
      Bitcoin mining is more of a long term investment which is less risk. Unlike trading which involves lots of skills. Mining is risk free in the long run. Bitcoin miners keep the bitcoin network secured.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #8 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 66 Times in 56 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Sendo12 View Post
      Well it depends on your resources. I sometimes join a mining pool but I still prefer trading and it works better for me in terms of profitability.
      Same here. I tried to mine some Bitcoins before and joined a mining pool. But I did not profit much. I think trading works better for me.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #7 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 81 Times in 81 Posts
      SubscribeSubscribe
      0
      Well it depends on your resources. I sometimes join a mining pool but I still prefer trading and it works better for me in terms of profitability.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #6 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Aya View Post
      I personally prefer trading because mining is very expensive. And if I trade, I can still somehow profit regardless of the price movement as long as the direction is in my favor.
      I choose trading Bitcoin. My weekly earning is not that high since the 3rd quarter though.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. #5 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 83 Times in 84 Posts
      SubscribeSubscribe
      0
      I personally prefer trading because mining is very expensive. And if I trade, I can still somehow profit regardless of the price movement as long as the direction is in my favor.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. #4 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Newbie_trader View Post
      Bitcoin mining is not good, because you have to provide a mining hardware which is very costly. So, I would prefer the Bitcoin trading, it only needs a computer or any Android phones.
      The Bitcoin miners have stopped their activities due to the electricity cost.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    10. #3 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 159 Times in 127 Posts
      SubscribeSubscribe
      2
      Bitcoin mining is not good, because you have to provide a mining hardware which is very costly. So, I would prefer the Bitcoin trading, it only needs a computer or any Android phones.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    11. #2 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Both are profitable, but your earning depends on your trading capability.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •