Post
Topic
Board Beginners & Help
Re: Which is more lucrative between mining and trading bitcoins?
by
passwordnow
on 17/05/2023, 14:31:26 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?
I'll choose to mine if I've got the resources to buy all of those ASICs that can sustain somehow my daily living as well as help my family. But, it's not that easy to do because it will require you much capital. Whilst in trading, you're taking all the risk and it's not easy as well even if you've got the resources and capital, you need to grow it through trading. With all of the choices to sink in to my reality, the best option which will be agreed by many is just to buy and hold. Nothing beats that honestly.