Forex Zone - Forex Forum

Bitcoin Mining or Bitcoin Trading

Discussion started on General Cryptocurrency Discussion

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
As a beginner in trading, I am not interested in bitcoin for now because prices are not normal and are not stable, of course the risk is huge especially bitcoin is still experiencing a slow decline and it can be a problem so it is better to wait until the new lowest point we can mine bitcoin with a risk that is not too large because when it has dropped to its lowest point it will rise gradually.
indeed for now the price of BITCOIN is decreasing throughout 2018 but there is a possibility to go back up in price, now the seller is still strong in BITCOIn we are waiting for those who have assets to buy BITCIN to make a big demand so that prices rise again, for now better we just wait if you want to invest in bitcoin because the buyer has no sign of entering the BITCOIN market.
#31 - February 18, 2019, 12:12:31 AM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
I want to ask about Bitcoin especially for forex.zone members
if you are told to choose between mining Bitcoin or Bitcoin trading?
the reason
obviously the answer is bitcoin trading, because trading does not require a lot of capital with only $ 50- $ 100 you can already trade.
and if you are smart in looking for loopholes then you will get a lot of profit because bitcoin trading is very profitable because prices move quite fast.

different from mining bitcoin you must have a PC, Antiminer, and other devices. the price is quite expensive too.

for the results of bitcoin mining I don't think it's good now because of the problem with prices.
costs and selling prices are not comparable.
#32 - February 22, 2019, 06:30:45 AM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
indeed for now the price of BITCOIN is decreasing throughout 2018 but there is a possibility to go back up in price, now the seller is still strong in BITCOIn we are waiting for those who have assets to buy BITCIN to make a big demand so that prices rise again, for now better we just wait if you want to invest in bitcoin because the buyer has no sign of entering the BITCOIN market.
I agreed to wait, but now is the right time to buy bitcoin due to several factors.
first the price can be categorized as cheap compared to the price of ATH.
secondly, the number of bitcoins in circulation is getting smaller and smaller because many people have saved it.
third, bitcoin began to be used as a virtual currency to make transactions.
#33 - February 22, 2019, 07:48:02 AM

  • Hero Member
  • Posts: 1215
  • Points: 0
  • Likes Received: 566
  • Reputation: +15/-3
I agreed to wait, but now is the right time to buy bitcoin due to several factors.
first the price can be categorized as cheap compared to the price of ATH.
secondly, the number of bitcoins in circulation is getting smaller and smaller because many people have saved it.
third, bitcoin began to be used as a virtual currency to make transactions.
You may have to see a BTCUSD market movement, where you can see sellers and buyers having the same effect, if we look at it from the DOJI candle movement.
Bitcoin Mining or Bitcoin Trading in General Cryptocurrency Discussion_Screenshot-10
#34 - February 22, 2019, 09:00:57 AM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
You may have to see a BTCUSD market movement, where you can see sellers and buyers having the same effect, if we look at it from the DOJI candle movement.
Bitcoin Mining or Bitcoin Trading in General Cryptocurrency Discussion_Screenshot-10
thank you for your analysis, friend.

yes indeed there has not been a very significant movement, there is no longer a very strong buying movement, only penetrating the restarea that was not too strong last week.
#35 - February 22, 2019, 09:20:29 AM

  • Full Member
  • Posts: 166
  • Points: 0
  • Likes Received: 72
  • Reputation: +5/-0

Trading bitcoin is less capital than mining bitcoin which requires the assumption that electricity is so big,
the difference in bitcoin trading from a wide cryptocurrency spread.
#36 - February 27, 2019, 04:33:32 AM

  • Full Member
  • Posts: 139
  • Points: 0
  • Likes Received: 6
  • Reputation: +0/-0
all have their own strengths and weaknesses. if you want to mine Bitcoin then we need a very very powerful PC specification. but if our trading requires knowledge and mentality because the price of bitcoin goes up and down very quickly it can make us rich and poor as fast as lightning
#37 - February 27, 2019, 08:00:37 AM

  • Hero Member
  • Posts: 1215
  • Points: 0
  • Likes Received: 566
  • Reputation: +15/-3
all have their own strengths and weaknesses. if you want to mine Bitcoin then we need a very very powerful PC specification. but if our trading requires knowledge and mentality because the price of bitcoin goes up and down very quickly it can make us rich and poor as fast as lightning
correctly. to mine Bitcoin there are a lot of tools that we have to use that are the most important for large PCs.
#38 - March 19, 2019, 12:34:53 AM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
correctly. to mine Bitcoin there are a lot of tools that we have to use that are the most important for large PCs.
of course you have to have a good tool to mine bitcoin like a good antiminner or a PC etc.
but the problem is whether mining is still profitable now? because the price of bitcoin and the cost of buying tools and also electricity costs, maintenance is very expensive.
in my opinion it's better to trade with a note we have to know the strategy carefully.
#39 - March 19, 2019, 06:36:53 AM

  • Sr. Member
  • Posts: 311
  • Points: 66
  • Likes Received: 108
  • Reputation: +3/-0
for mining bitcoin, I prefer the newly published Minercoin or Cloudmining,
#40 - April 13, 2019, 01:50:08 PM

  • Newbie
  • Posts: 11
  • Points: 0
  • Likes Received: 5
  • Reputation: +0/-0
for mining bitcoin, I prefer the newly published Minercoin or Cloudmining,
0.01 my bitcoin in cloudmining can't be pulled, I'm traumatized by mining bitcoin in cloudmining
#41 - April 17, 2019, 04:28:54 AM

  • Sr. Member
  • Posts: 273
  • Points: -5
  • Likes Received: 83
  • Reputation: +1/-0
0.01 my bitcoin in cloudmining can't be pulled, I'm traumatized by mining bitcoin in cloudmining
where cloud mining is what you use whether it's paid or just free. if it's free, it's 100% scam for now, but for the paid, I think there's still something good.

can you tell it specifically, so we don't experience things like you here.
#42 - April 17, 2019, 05:54:34 AM

  • Full Member
  • Posts: 175
  • Points: -5
  • Likes Received: 33
  • Reputation: +1/-1
where cloud mining is what you use whether it's paid or just free. if it's free, it's 100% scam for now, but for the paid, I think there's still something good.

can you tell it specifically, so we don't experience things like you here.
if you speak mining for free then forget it because it's all scam.
so take advantage of the current crypto trading volume that is starting to recover.
for bitcoin / crypto trading and get a lot of profit.
#43 - April 24, 2019, 12:59:11 PM

  • Full Member
  • Posts: 143
  • Points: 0
  • Likes Received: 45
  • Reputation: +1/-2
0.01 my bitcoin in cloudmining can't be pulled, I'm traumatized by mining bitcoin in cloudmining
Unfortunately, it was better yesterday to be developed into forex trading, sir, safer and more comfortable.
#44 - April 25, 2019, 12:10:23 PM

  • Full Member
  • Posts: 177
  • Points: 0
  • Likes Received: 16
  • Reputation: +3/-3
I want to ask about Bitcoin especially for forex.zone members
if you are told to choose between mining Bitcoin or Bitcoin trading?
the reason
if you have small capital, it's better to trade because mining requires considerable capital
#45 - April 26, 2019, 04:21:19 PM

Members:

0 Members and 2 Guests are viewing this topic.