Hi Folks!
Who do you think is profitable Trading bitcoins for other payment method or mining them?
Everybody feel free to reply you're free
Who do you think is profitable Trading bitcoins for other payment method or mining them?
Everybody feel free to reply you're free
Depends on the person's financial status. Mining needs a dedicated mining rig and where talking about thousands here to be able to buy one and the costs of electricity you need to pay. Meanwhile, trading suits anyone and they can start with a small amount.
TRue. People with large budget really goes into mining, because soving the feasibility and the ROI, mining altcoins (major ones ) will really have a passive income, but propoer knowledge in computer hardware and software is necessary for that, and budget is really the one who will speak here.
Trading of course is profitable but how long? When the latcoins price became stable the income thatcame for mining will be lessened.
BItcoin as an investment is goog but how long ? If bitcoins price reach its peak, it can only be an investment in the long run with no earn like gold.
Play the market for now and then buy some BTC as soon as you have the money.