Square-Creator-09ad119a9
9 Following
25 Followers
26 Liked
0 Shared
Posts
Videos
See original
How to Choose Between Mining & Trading?
Is mining really profitable? What is the difference between buying coins directly and mining them?This is a question that lingers in the minds of many. For me, in the realm of virtual economics, mining is an industry that lies between cryptocurrency speculation and the real economy. It cannot be denied that trading coins and mining are symbiotic. However, trading coins requires overcoming human nature. Compared to trading, the payback period and return on investment in mining are quite low, and mining does not carry the high risks associated with trading. Just like this bull market, aside from BTC, other currencies have suffered significant losses, even ETH has dropped by half! When to average down in trading, when to break even—these are all tests of human nature. As a trader for four years, I am well aware of human greed; perhaps mining is the only stable means for me to earn and realize profits.
Login to explore more contents