Bitcoin investment ? Cloud mining ? - page 3.

steven.G999

sr. member

Activity: 266

Merit: 250

Quote from: Baytoba on January 27, 2015, 08:32:53 AM

Just buy as many as BTC you can
Hold it , and sell it later after price up

either way it's not done now, because bitcoin prices always go down. I fear too much to buy and the price is getting down, would make him mad

fcc323

newbie

Activity: 26

Merit: 0

Do not do cloud mining. Price is low right now, not very profitable.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: najzenmajsen on February 21, 2015, 07:37:07 PM

never ever invest in cloud mining , its just another big big ponzi. you wont ever profit from it.

Don't assume every single cloud mining service as a ponzi, there are some legit ponzis which are proven to be mining on actual hardwares and paying using it. Most wouldn't roi however.

bitwarrior

legendary

Activity: 1764

Merit: 1000

At the current setting, investing on cloud mining is a no go. You will not even break even on the investment you made. You might better try trading instead to make a profit than investing it on cloud mining.

najzenmajsen

hero member

Activity: 700

Merit: 500

never ever invest in cloud mining , its just another big big ponzi. you wont ever profit from it.

pereira4

legendary

Activity: 1610

Merit: 1183

Lots of mining bussines went broke cloud wise, its not very profitable unless you want to hold the coins long term and be on a lose for a while.

Bitcoin Explorer

hero member

Activity: 854

Merit: 500

Quote from: Herbert2020 on February 21, 2015, 01:55:33 AM

Quote from: OhMyCoin on February 19, 2015, 10:56:40 AM

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

i would suggest trading too. BUT it is not like you can just wake up some morning and say i am going to start trading BTC. it needs experience or information otherwise you will lose money

More importantly, you need to choose the right exchange with enough trust and even though this is done, exchanges can be hacked.
Moreover, trading crypto is a very difficult task. not cakewalk

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: ranochigo on February 21, 2015, 02:00:57 AM

Quote from: Herbert2020 on February 21, 2015, 01:55:33 AM

Quote from: OhMyCoin on February 19, 2015, 10:56:40 AM

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

i would suggest trading too. BUT it is not like you can just wake up some morning and say i am going to start trading BTC. it needs experience or information otherwise you will lose money

Also, there have been many exchanges which got hacked, you may lose money in the process of trading. It comes with much more risk than you think.

No, I would not go as far and claiming that using exchanges is risky. It is not if you are doing it right. If you want to keep large sum of BTC directly on exchange's servers you are doing it wrong. Sell only small amount of btc or transfer your desirable amount just before you want to sell or buy. That way you are minimizing chances of exchange being hacked with your money on their account.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: Herbert2020 on February 21, 2015, 01:55:33 AM

Quote from: OhMyCoin on February 19, 2015, 10:56:40 AM

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

i would suggest trading too. BUT it is not like you can just wake up some morning and say i am going to start trading BTC. it needs experience or information otherwise you will lose money

Also, there have been many exchanges which got hacked, you may lose money in the process of trading. It comes with much more risk than you think.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: OhMyCoin on February 19, 2015, 10:56:40 AM

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

i would suggest trading too. BUT it is not like you can just wake up some morning and say i am going to start trading BTC. it needs experience or information otherwise you will lose money

sifter

hero member

Activity: 574

Merit: 500

CoinBooster Rep

Don't look into cloud mining.

Chances are you're never going to ROI.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: OhMyCoin on February 19, 2015, 10:56:40 AM

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

Trading is not easy. It just seems easy.

Bitcoin Explorer

hero member

Activity: 854

Merit: 500

Cloud mining is a big big no. Dont ever get lured into that, instead offer your services in the services section and you can start earning some BTC and slowly, as you become a member and full member you can earn a sizeable amount by joinins signature campaigns. Moreover, please google cloud mining scams and you'll come to know the risk.

OhMyCoin

member

Activity: 117

Merit: 10

Long live Bitcoin.

I would absolutely suggest trading. Bitcoin hasn't found its bottom yet, nor did it stabilise. You can play off volatility well, but only after doing some research on trading and how it should be done.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: Borisz on February 19, 2015, 07:47:49 AM

I didn't have success investing on BTCJam but I think they added a refund or something in case someone would want to run with your money.

Cloudminers are shutting down due to low BTC price, volatility and what now, so at this point I wouldn't recommend them. The maintenance fee is exactly the amount your miners make.

If you want to grow your coins, I suggest trading. After you have learned how to do it properly, of course.

The most BTCJam does is to send them for arbitration which is seriously the most useless thing to do. Unless you live in the same place as the person, you cannot recover them online. BTCJam is known for allowing scammers to register with fake ID so most of the time, arbitration is useless completely.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

I think AMHASH is still an honest alternative if you want to try out cloud mining. It's available on HavelockInvestments. The only thing is: They stopped their payouts until March, because of the Chinese new year. But they're still one of the most trustworthy companies in the cloud mining game, if you ask me!

Amph

legendary

Activity: 3248

Merit: 1070

the only good thing to invest right now is bitcoin itself

Borisz

sr. member

Activity: 476

Merit: 251

I didn't have success investing on BTCJam but I think they added a refund or something in case someone would want to run with your money.

Cloudminers are shutting down due to low BTC price, volatility and what now, so at this point I wouldn't recommend them. The maintenance fee is exactly the amount your miners make.

If you want to grow your coins, I suggest trading. After you have learned how to do it properly, of course.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Kryza on January 26, 2015, 08:23:16 PM

Hey there, I would like to invest into bitcoin, any good website to earn good money/btc ?

do not enter cloudmining as much as possible and for investing the good thing that you can do is to buy with cash and wait for the price to go up

Mayuyu48

hero member

Activity: 644

Merit: 500

many of bitcoin investments that offered here ended with scams (bad ending)
at the beginning they will pay you and run after they collected enough fund
particularly in cloud mining services

Topic: Bitcoin investment ? Cloud mining ? - page 3. (Read 5936 times)