Post
Topic
Board Trading Discussion
Re: Trading or mining?
by
Pattart
on 21/08/2018, 02:07:26 UTC
I understand mining in general, but the high cost of electricity with electricity instability in my area makes it impossible to do, I don't want to use a generator just to mine!

the best alternative is trading because it only focuses on capital analysis and daily profit, I prefer the price formation situation on the market rather than monitoring the mining hash settings and doing nothing.
Well, in the end, we have to have a good team if we want to use Minning, because I feel it is very difficult to manage it myself. well, but if it's a team, it's good to have a minning before trading. making use of both of them will be very good.

Share in expenses and share in profits, not bad. But if you're someone that doesn't really socialize that much, you might obviously find it difficult to get a team of crypto miners. However not like you're required to have friends but if you have the ability to negotiate appropriately then you might get one. It is about the profitability anyway, so they might agree. Some could ask you a lot like it is an interview on how these costs are calculated accurately, because he might think of that you're just screwing with his electricity. It is gonna be you teaching most of the important definitions about crypto and inside of its mining process.
That is what is not liked by mining. making teams, sharing profit, share costs and working together and so on. of course people will think that it will be very complicated. whereas trading will be much easier, do not need to work as a team let alone share profits. I choose trading