Mining is okay if you have large funds, land and cheap electricity. However, risk like DOA and late shipment can occur. This would result in potential loss of profit and you have to bear that risk. The price can be a huge factor too.
Investing at gambling site can be risky but the risk would be moderate. The profit tends towards the house edge in the long run. If you aren't prepared to wait for sometime, then this isn't for you. Main issue here is trust. You have to trust the site owner to not cheat you or run away.
Trading is very risky. For those who have experiences, go ahead but the risk is still there. In the long run, you can lose all your funds if the coin you invested in crashes. Trading bots aren't designed to generate profit. You have to test it out yourself and find the settings. Again, no guarantees.
Yeah like I say, I've tried trading... Didnt go so well for me...
I love mining, and would have my own mining farm if prices of elec in UK was any better and I had space.
I looked into colocation and all but its not viable in the UK.
Hence why I need to use cloud mining.
But there is something in mining that is a passion for me... I love it.
And would like to continue to mine for more BTC, just obviously with less risk.
There's no such thing with no risk when investing in cloudmining. Mining isn't profitable for small players and cloudminers anymore. The only one profiting is the owner of the cloudmining company. It's hard to mine for guaranteed profit nowadays, even with altcoins.
