Post
Topic
Board Trading Discussion
Re: Trading or mining?
by
cammor
on 21/09/2018, 10:35:06 UTC
I’d suggest learn to trade, honestly. Mining is difficult business because of a few things. Firstly, you will need a lot of starting money to buy equipment and set it. Then, you will face increased electricity bills. Also, devices could break down, so you will have to pay even more to fix everything. Finally, the price of cryptocurrencies now is too volatile to hope that you can get a regular income with mining only. On the other hand, trading lets you bet on various things including both growth and fall of price. There are tons of strategies for newcomers, so you only have to spend some time exploring them. In trading, you will also need some starting capital but it’s way smaller cuz you can buy first crypto for even $100. At all, try different approaches and stick to one or two which are the most suitable for you. Good luck!