The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.
cloud mining is a very risky investment. There is no guarantee a website cloud mining will run for long. Most of the cloud mining will only end so quickly, for various reasons such as website maintenance and hacking, until finally the cloud ming website ends with a scam. This is the very worst risk we might get. 
Topic: Cloud mining/Investing or trading on localbitcoins? - page 2. (Read 12275 times)
The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.
Localbitcoins is only a peer-to-peer exchange, it does not have any features of investing in some cloud mining project or any investment programme.
You just buy and sell bitcoins there, to local people. You enter the place where you are currently in, and there is an offer to buy bitcoins for other people in your region.
Anyway, I just dont get the idea of something like that. In almost every case, cloud mining cannot be compared with investing because it is just simply losing your money: unless you got some ability to make a successful prophecies about the time, when the scam website ("cloudmining project") will be down or suspended.
Obviously, that is not possible so anyway I still advice to stay away from this type of programmes.
You just buy and sell bitcoins there, to local people. You enter the place where you are currently in, and there is an offer to buy bitcoins for other people in your region.
Anyway, I just dont get the idea of something like that. In almost every case, cloud mining cannot be compared with investing because it is just simply losing your money: unless you got some ability to make a successful prophecies about the time, when the scam website ("cloudmining project") will be down or suspended.
Obviously, that is not possible so anyway I still advice to stay away from this type of programmes.
You can double your bitcoin trading or money exchange from paypal to bitcoin or vice versa. Nowadays only three cloud mining provide seems legit for me, hashnest, hashflare, and genesis mining. Investing your money in cloud mining will give you ROI around 10 month, according my experience on cloud mining. Dont invest in fake cloud mining that offer hyip/ponzi, just to remain you
Each person has different opinion about cloud mining and trading. But when it comes to practical you will make more through trading because start investing 0.01 in cloud mining and 0.01 in trading. After one week or one month compares your earning than you will make more profit with trading only.
As majority of the users suggested trading through localbitcoins or some other trading platforms is quite a good option compared to the cloud mining plans. Because till date cloud mining haven't been that effective and has not reached a stabilty level in the continued process.
In cloud mining the return is very low and once your contract ended, you have no longer connection to them. I will always say that go trade at localbitcoins as it has a good history of trading with bitcoins or yes, there's a lot of trading platforms where you can be earning good. Make up your mind and focus in trading.
To double your bitcoins it will take time and hard work, my advice is to select trading because it is the best option to earn a good profit, cloud mining is risky because mostly of them are scam. Try to learn about the market and coins you are going to buy and start trading.
Look i give you an example , It seems that the later evening hours in the USA are busier, but the rates are not there and that the early morning shows a lot of better rates, but with a limited scope of trade, so treat the people right and build a reputation. Once you have a repute and no sign of scam people will give you good trust in local bitcoins making it good for both sender and receiver.
Try to learn about the market and coins you are going to buy and start trading.
Yes, this will be the simple key to get more number of bitcoins in more quick time. People already had concluded that trading is the only viable method to get more bitcoins in relatively more quick time. If trading skills are not easily acquirable then doing bitcoin based businesses must be another way to make quick bitcoins.Actually one way to speed up our bitcoin wealth. By way of trading the stock exchange in altcoin.
There we can get a quick profit in every hour, even in every minute. With the movement of altcoin so fast, of course we have to precisely learn it and be good at predicting
Trading is the most legit source for earning bitcoins.If we have good knowledge about the current market,we could do successful trades and earn more profits.Investing in cloud mining takes more time to even recover our investment.Trading has another advantage that we could even start trading with a very small amount.
As majority of the users suggested trading through localbitcoins or some other trading platforms is quite a good option compared to the cloud mining plans. Because till date cloud mining haven't been that effective and has not reached a stabilty level in the continued process.
We will take a look, but the usual set up of these sites is to give away free hash and then act like you have a payout coming and set ridiculous withdrawal limits and require buyins at a too large amount. Not to mention that, the website appears to be a trusted site which can be used safely.
Trading is always going to be better than cloud mining, there is nothing in cloud mining, just leave that alone and concentrate on anything else. Trading on lbc is one way and there are others, you will see that sites like that have a 24 hour life cycle and that there are big differences between one hour set and another.
nothing is better than trading nowadays or you can combine both trading and investing in one place which is called ICO.
Try to learn about the market and coins you are going to buy and start trading.
Yes, this will be the simple key to get more number of bitcoins in more quick time. People already had concluded that trading is the only viable method to get more bitcoins in relatively more quick time. If trading skills are not easily acquirable then doing bitcoin based businesses must be another way to make quick bitcoins.Actually one way to speed up our bitcoin wealth. By way of trading the stock exchange in altcoin.
There we can get a quick profit in every hour, even in every minute. With the movement of altcoin so fast, of course we have to precisely learn it and be good at predicting
Investing and trading is advisable to double your money . 
Try to learn about the market and coins you are going to buy and start trading.
Yes, this will be the simple key to get more number of bitcoins in more quick time. People already had concluded that trading is the only viable method to get more bitcoins in relatively more quick time. If trading skills are not easily acquirable then doing bitcoin based businesses must be another way to make quick bitcoins.Skills in the sense we just need to follow up price changing the chart every minute and need to set the trading value according to it. I also use to suggest localbitcoins as a option for trading.
But recent days I noticed the deposit fee to add your bitcoin to localbitcoins wallet. This will give remarkable downfall for the localbitcoins team. You may hope this will taken away, in future you may see the fees to receive the bitcoins as well.
Try to learn about the market and coins you are going to buy and start trading.
Yes, this will be the simple key to get more number of bitcoins in more quick time. People already had concluded that trading is the only viable method to get more bitcoins in relatively more quick time. If trading skills are not easily acquirable then doing bitcoin based businesses must be another way to make quick bitcoins.Try to learn about the market and coins you are going to buy and start trading.
Yes, this will be the simple key to get more number of bitcoins in more quick time. People already had concluded that trading is the only viable method to get more bitcoins in relatively more quick time. If trading skills are not easily acquirable then doing bitcoin based businesses must be another way to make quick bitcoins. 
Hi.
I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?
comment below, and no spam and this will be self moderated to avoid spams from ads posters.
thanks
You have taken right decision of selling bitcoins in localbitcoins.I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?
comment below, and no spam and this will be self moderated to avoid spams from ads posters.
thanks
But better avoid cloud mining farms as it would take around six months to even recover your investment.Also,most of them are scam.
Trading is considered as the legit option for earning bitcoins.But without prior experience,you may end with a huge loss.
Although this is too old thread to suggest OP what to do, it may be useful to the new members who try to get suggestion about the same matter.
Staying away from cloud mining will be the best decision you will ever make. Localbitcoins is a great site to trade but I would suggest not to take from Paypal as making disputes or chargeback is easy in Paypal and lots of scammers waiting to do that. Go for netteller or skrill against BTC.
Hi.
I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?
comment below, and no spam and this will be self moderated to avoid spams from ads posters.
thanks
You have taken right decision of selling bitcoins in localbitcoins.I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?
comment below, and no spam and this will be self moderated to avoid spams from ads posters.
thanks
But better avoid cloud mining farms as it would take around six months to even recover your investment.Also,most of them are scam.
Trading is considered as the legit option for earning bitcoins.But without prior experience,you may end with a huge loss.
Jump to: