You can do both, trading for short term - mid term income and mining for long term hodl. I recommend trading on binance only trade high volume coins and learn to use indicators in advance view to read the market.
You do not need any special equipment to start mining today, I have my CPU an older 4 core i7 mine votecoin and gain over 160 coins on the pool in my signature. This is a zkSNARKs coin like zcash and will be worth a lot more in the future, snowgem is also cpu minable another good new zkSNARKs coin that will gain a lot by end of year. You can also use any gpu if you got one for more coins and hodl for a year or two. REMEMBER bitcoin too was cpu minable and worth few cents like these coins listed.