Post
Topic
Board Beginners & Help
Re: Which is more lucrative between mining and trading bitcoins?
by
Queentoshi
on 17/05/2023, 13:18:59 UTC
I am looking to start my Bitcoin journey from somewhere that would be of advantage to me as the economic situation in my country bears down hard and with having family to Carter for, it is rather exhausting.
Without much physical mentors with real life experiences except for YouTube and this forum where I feel I can ask good questions and be answered well, am asking, which is the more lucrative endeavour for a newbie hoping to benefit from cryptocurrency at first between Bitcoin mining and Bitcoin trading?  

Are there other Bitcoin endeavours one could be interested and invested in, other than trading and mining?
Bitcoin trading and mining are both lucrative but they both require capital and knowledge to engage in. Mining requires a lot more than initial capital because it involves plenty money to be able to sustain and keep your mining profitable. As a newbie you may not need to be in a hurry to start any of them, just buying and keeping it can be good for you, but since you are in a hurry, you may feel that that is too slow. Always remember Bitcoin cannot make you get rich quickly.