One's no better than the other. They both will make you move and break a sweat. If losing body fat is your goal, you could lay on your back and flail your arms and legs like a wild man and still achieve the same result. Movement is movement.
I would recommend doing intermittent fasting, cut down carbs and hill sprint 2 or 3 times a week. The sprint sessions would be no longer than 10 or 15 minutes...much better time management than an everyday cardio program. That's how I went from 22% body fat down to 8%...but it didn't take a couple of months. More like a couple of years.
That's the other thing I would tell you -- make a long term goal and work the changes into your lifestyle so that it almost feels like you're barely doing it. If you become that person who is always chasing a 20 pound fat loss in a couple of months and go super gung ho, you're destined to put the fat right right back on.
I'm helping a friend get in shape now, and he's doing well so far. I had to un-program all the old-school bullshit from his head and educate him about changing his metabolism to a machine that burns fat around the clock. Fat is just a symptom of the real problem, which is a fucked metabolism that needs to be re-booted.
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