This question circulates around these forums daily: Should people entering cryptocurrency start mining, trading or investing?
I was told some great advice back when I got into cryptocurrency and thought I would share it. Please keep in mind this is a summary, but still a good representation.
Mining - Mine if you are passionate about the technology and the love idea behind it.
Trading - Trade if you are interested in research and have an abundance of patient and time.
Investing - Invest if you feel the future of the technology will grow and you love what it represents.
At the end of the day everyone has their own reasons for getting involved in cryptocurrency. This ranges from the opportunity of money and riches to the technology and industry itself. What I am trying to tell you is there is no perfect answer to the 'Should I start mining, trading or investing?' question.
You will find more profitability in something you are passionate about and enjoy then something you are not. The point is do what interests you the most regardless of what other people tell you.
My Story: I got involved in the crypto industry out of obsession. It's the first technology that has driven me to obsession since I picked up my first gaming controller.
I was told some great advice back when I got into cryptocurrency and thought I would share it. Please keep in mind this is a summary, but still a good representation.
Mining - Mine if you are passionate about the technology and the love idea behind it.
Trading - Trade if you are interested in research and have an abundance of patient and time.
Investing - Invest if you feel the future of the technology will grow and you love what it represents.
At the end of the day everyone has their own reasons for getting involved in cryptocurrency. This ranges from the opportunity of money and riches to the technology and industry itself. What I am trying to tell you is there is no perfect answer to the 'Should I start mining, trading or investing?' question.
You will find more profitability in something you are passionate about and enjoy then something you are not. The point is do what interests you the most regardless of what other people tell you.
My Story: I got involved in the crypto industry out of obsession. It's the first technology that has driven me to obsession since I picked up my first gaming controller.
Hello!
Well, in my humble opinion, the main reason (excluding love... lol) for joining trading, mining or investing is MONEY. Love comes after that!
Now, if u have some trading skills you have to trade if u have some cash that you can afford to lose, then you should invest and after you become profitable you should be thinking about mine some crypto.
That is my logical order to approach the crypto world! Hope it was helpful!
Best of luck!