Cloud mining/Investing or trading on localbitcoins? - page 4.

carlisle1

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Quote from: batang_bitcoin on May 17, 2017, 04:41:38 PM

And sometimes there is no real mining rig and you are only seeing a fake stats that is being made by the scammer, so this is a very risky way of investing. Just trade guys and you will earn potential good profit.

I agree, trading seems to be one of the most suggested way to grow our bitcoin as it really has a potential to give us the profit that we want and instead of taking a risk and dealing with a fake investment of shit cloud mining why not try to seriously learn trading .

Quote from: shadowdio on May 22, 2017, 05:52:55 AM

i tried cloud mining before but most them are scam it's a waste of time that I do not recommend. It's better to trading you can get profit from altcoins.

Although altcoin trading is also considered to be having a high risk i would rather choose to lose some money from it instead of being scammed Grin

shadowdio

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Zawardo

i tried cloud mining before but most them are scam it's a waste of time that I do not recommend. It's better to trading you can get profit from altcoins.

batang_bitcoin

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Quote from: BitcoinGirl.Club on May 17, 2017, 03:22:00 PM

Investing in clouding mining is now a total waste of time.

It is a total waste of time because instead of investing your btc into trading and other legit profitable investments, you will have the chance to get scammed there.

Quote from: BitcoinGirl.Club on May 17, 2017, 03:22:00 PM

The miner is the beneficiary here , who will charge for maintenance of rented rigs at your expense profit or no profit!

And sometimes there is no real mining rig and you are only seeing a fake stats that is being made by the scammer, so this is a very risky way of investing. Just trade guys and you will earn potential good profit.

BitcoinGirl.Club

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Investing in clouding mining is now a total waste of time.
The miner is the beneficiary here , who will charge for maintenance of rented rigs at your expense profit or no profit!

Quote from: miningdude on January 29, 2017, 03:14:31 PM

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?

Unless you want to gift some scammers out there with your bitcoins stay away from paypal

yatogami

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if i, i choose for trading better investing/cloudmining, because if you trade your coin, you can manage that coin.

#minexcoin.com

passwordnow

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Quote from: ultrloa on May 15, 2017, 07:18:13 PM

Quote from: passwordnow on May 15, 2017, 04:07:23 PM

Quote from: Skarner21 on May 13, 2017, 07:31:31 PM

Quote from: passwordnow on May 13, 2017, 07:17:07 PM

Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

Good suggestion or i think better to build own rig to mine altcoin that we can exchange altcoin in a good price to gain a bitcoin this is the most common way these days that actually profitable than invest your money for longer time in cloud mining before you can get profit in cloud mining they will be gone and scam..
The other alternative right now is to do marketing most of the company right now are paying in bitcoin .. so if you have skills in marketing you can gain a good profit in marketing.

Yes your suggestion is also good, if you want to mine, just stay away with cloud mining and it's better if you are going to mine, real mining with alt coins, this is profitable by using GPU's.

Maybe its profitable but you should seek first if your electricity cost are totally ok to make sure that you will not pay huge upon running your rigs. but if you think you can handle that well another problem is the selection of altcoins to mine on since decision making on this well be more important so that we can earn by doing this and not losing from wrong doings.

If I'm not mistaken 6 GPU's will be fine and it will give you sufficient profit depending on how much the worth of those alt coins that you are going to mine. It's like that 50%-60% from your profit monthly will be allocated to the electricity bill and the rest will be your profit or your returns of investment but for sure in the end the difficulty will be harder when there are a lot of miners already.

ultrloa

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Quote from: passwordnow on May 15, 2017, 04:07:23 PM

Quote from: Skarner21 on May 13, 2017, 07:31:31 PM

Quote from: passwordnow on May 13, 2017, 07:17:07 PM

Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

Good suggestion or i think better to build own rig to mine altcoin that we can exchange altcoin in a good price to gain a bitcoin this is the most common way these days that actually profitable than invest your money for longer time in cloud mining before you can get profit in cloud mining they will be gone and scam..
The other alternative right now is to do marketing most of the company right now are paying in bitcoin .. so if you have skills in marketing you can gain a good profit in marketing.

Yes your suggestion is also good, if you want to mine, just stay away with cloud mining and it's better if you are going to mine, real mining with alt coins, this is profitable by using GPU's.

Maybe its profitable but you should seek first if your electricity cost are totally ok to make sure that you will not pay huge upon running your rigs. but if you think you can handle that well another problem is the selection of altcoins to mine on since decision making on this well be more important so that we can earn by doing this and not losing from wrong doings.

passwordnow

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Quote from: Skarner21 on May 13, 2017, 07:31:31 PM

Quote from: passwordnow on May 13, 2017, 07:17:07 PM

Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

Good suggestion or i think better to build own rig to mine altcoin that we can exchange altcoin in a good price to gain a bitcoin this is the most common way these days that actually profitable than invest your money for longer time in cloud mining before you can get profit in cloud mining they will be gone and scam..
The other alternative right now is to do marketing most of the company right now are paying in bitcoin .. so if you have skills in marketing you can gain a good profit in marketing.

Yes your suggestion is also good, if you want to mine, just stay away with cloud mining and it's better if you are going to mine, real mining with alt coins, this is profitable by using GPU's.

batang_bitcoin

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Quote from: passwordnow on May 13, 2017, 07:17:07 PM

Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

Yes it's popular that cloud mining are scams and I don't know why there are some people even though they are already in bitcoin for a longer time and yet they don't understand that it is a scam. They don't want to listen to others and they don't have an idea on what's around them, go with trading it's more trustworthy.

Skarner21

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Massive price drop coming...

Quote from: passwordnow on May 13, 2017, 07:17:07 PM

Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

Good suggestion or i think better to build own rig to mine altcoin that we can exchange altcoin in a good price to gain a bitcoin this is the most common way these days that actually profitable than invest your money for longer time in cloud mining before you can get profit in cloud mining they will be gone and scam..
The other alternative right now is to do marketing most of the company right now are paying in bitcoin .. so if you have skills in marketing you can gain a good profit in marketing.

ethereumhunter

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doing cloud mining especially for mining bitcoin is not recommended as difficulty of bitcoin is increase so fast right now, but i think you can still can get profit if mining altcoin but i suggested you do with your own hardware and not by cloud mining. invest is not recommended too as we know that there is many hyip programs that scammed people but until now, still many people join in that hyip program. so the other option that we can do is doing trading but we need to learn some lesson in trading, it is hard if we don't know anything in trading because we can not make profit like other people.

passwordnow

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Quote from: pacifista on May 12, 2017, 08:56:14 PM

Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

Its not profitable anymore because most of us wants to stay away on it because we already know that they are scam. Focus with trading its better.

AngelSky

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Quote from: Idrisu on May 13, 2017, 05:51:47 AM

I have been in trading for the past 9 years and I can category tell you that trade is the best among mining, and Investment. What you just need to do is to learn and lean until you became a skillful trader. Trading is very risky but if you have skills and knowledge on how trading work, you will understand that trading is less risk than investment and because of cost of energy even than mining.

How it's possible to do trading for 9 years. Bitcoin is not been completed it's 9th year yet. I accept your thoughts about bitcoin trading. This is best option for any investors who are looking for btc investments.
Could mining seems Ponzi scheme ever in this forum and it won't give big profit as well. Do I would like support trading.

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Quote from: madwica on May 11, 2017, 08:39:21 AM

I do not like to invest in cloudmining since i have bad experience on it. And i recommend to all that you should avoid it to make your money safe and intact.
Invest in trading is better if you have a lot of capital because value of bitcoin now is too high and i think it will continuous increasing.

They are real scams and I did became a victim of it, those newbies should be aware that they should stop investing and believing that they can earn good amount there. It's better to get in touch with trading because this is more reliable and trustworthy type of investment. And right now trading is the most popular investment.

Idrisu

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I have been in trading for the past 9 years and I can category tell you that trade is the best among mining, and Investment. What you just need to do is to learn and lean until you became a skillful trader. Trading is very risky but if you have skills and knowledge on how trading work, you will understand that trading is less risk than investment and because of cost of energy even than mining.

azeminjo09

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I wouldn't suggest cloud mining, In most cases its scam. I mean who would sell hashrate for some amount if he can use this hashrate for himself and be profitable?
Trading is best choice if you ask me, if you know when to put your bid then you will do great.

pacifista

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Considering that cloud mining is not profitable at this time and investing into hyip after a week it will turned into scam. Trading is one of the ways to earn btc in a secure way and less risk unlike those two.

uneng

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Quote from: madwica on May 11, 2017, 08:39:21 AM

I do not like to invest in cloudmining since i have bad experience on it. And i recommend to all that you should avoid it to make your money safe and intact.
Invest in trading is better if you have a lot of capital because value of bitcoin now is too high and i think it will continuous increasing.

I don't like to invest in cloud mining too, I did it once and lost all my money. I think to have a lot of capital isn't sufficient to start trading, you need a lot of experience and knowledge about trading to make money doing it.
If you start with much money without experience you can lose it and don't make any profit, better to start with low capital to see what happens.

madwica

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I do not like to invest in cloudmining since i have bad experience on it. And i recommend to all that you should avoid it to make your money safe and intact.
Invest in trading is better if you have a lot of capital because value of bitcoin now is too high and i think it will continuous increasing.

boyptc

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Quote from: ubercool on May 08, 2017, 07:05:40 AM

Quote from: boyptc on May 08, 2017, 04:33:25 AM

Quote from: mrcash02 on May 07, 2017, 07:56:05 PM

Quote from: boyptc on May 07, 2017, 04:58:43 PM

Quote from: unluckyben on May 07, 2017, 04:30:29 AM

Trading imo is better and safer, however if you want to invwst in cloud mining its cheaper to just buy someones account that theyve bought mining stuff on.

Trading is the best and safer if you are going to compare it to cloud mining. Cloud mining is not considered by people here and most of us when hearing those investments, we are avoiding it immediately because we know they have a plan on just to scam the people. So it's better if you are going to avoid those type of investment.

Yes, cloud mining is a terrible investment, at least trading you will have a chance to grow your coins amount, while in cloud mining you are just losing money on long term. I wouldn't say trading is safer, because it's very risky, but cloud mining is something you have sure will fail, while in trading you have some chances to make profit, it will depend your prediction.

Cloud mining is an investment that we should avoid because there's no good output on it, you may experience to have profit in the first place. But in the end you will have no proof of their payment anymore and they are going to scam you and their other investments. Just stay away from it and choose trading which is legit.

Cloud mining was a profitable business in the early days, now getting ROI is near to impossible. So calculated trading would be my option for you. Localbitcoins is a good, trustworthy website and preferred for trading BTC or altcoins. If BTC is too costly for you then try trading altcoins.

It is because there are still few people knows this investment. And as the day goes by many potential investors are seeing that they can have enough and decent profit there but when there's a good progress on something, there will be an opposite attraction to it. And that's why it is now just leading people to be scammed.

Topic: Cloud mining/Investing or trading on localbitcoins? - page 4. (Read 12220 times)