Post
Topic
Board Mining
Re: What's the differ between mining and trading?
by
bettercrypto
on 24/05/2023, 07:57:40 UTC
I will love to understand the difference between mining and trading? To some point I see trading more easier and convenient than mining but I guess is before I don't full understand how mining works! Most mining are done with machines but trading is humans strategies, so am definitely not inclined with their difference. Please help us with your knowledge, we're all learning.
Trading allows you to be not tied to a certain place, and you can travel all the time if you are a successful trader. Mining is like your own production, which constantly requires your control every day of the year. You will be constantly busy with business, and do not think that mining is a passive income.

I can only add that trading is also an area where your money can grow quickly and also disappear quickly if you are careless and ignorant of the movements within the industry itself.

         That's why it's still important that you have an idea for trading here in bitcoin or altcoins trading. Then bitcoin mining, I can only say that it is passive income if you do Bitcoin mining during a bear market. But if you are out of these periods and enter the bull run, your income here will not be the same as during the bear market when you earned bitcoin.