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Topic: Cloud mining/Investing or trading on localbitcoins? - page 5. (Read 12220 times)

copper member
Activity: 1330
Merit: 899
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I tried cloud mining with hashocean and we all know how that ended, trying now with GM with small amounts but my sister actually has a big contract and she's keep investing every week or so and only if the price of that alt coin increases she earns a profit otherwise every day she receives less and less.
I don't know how localbitcoins work but I heard you need to gain trust first and after doing so you could even sell Bitcoin with 10-15% over the market price.
I think localbitcoins is the logical and economical choice if you ask me.
hero member
Activity: 2856
Merit: 769
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.
During the days when cloud computing went popular users preferred it, but the same when implemented to bitcoin and the financial system everything went as a scam in a short time zone. For this reason most of the users started to do trading than cloud mining and investing.
I do remember wayback before when cloud mining sites are rampant on the market which mostly fall for that one and lose up money when they starting to become scam but until now they do still exist because there are still some people do really believe on these HYIPs which causes for them to get broke in the end. Trading would really be always good speaking for long term profits because theres somehow an assurance on earning depending on how you gonna trade up.
hero member
Activity: 2604
Merit: 548
Vave.com - Crypto Casino
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.
During the days when cloud computing went popular users preferred it, but the same when implemented to bitcoin and the financial system everything went as a scam in a short time zone. For this reason most of the users started to do trading than cloud mining and investing.
hero member
Activity: 1078
Merit: 504
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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
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.
sr. member
Activity: 504
Merit: 250
trading can be risky but if you don't trade with forms that take charge back and get proper ID it's usually fine. That's been my experience. I think mining would of been more profitable, now it seems you would need too much money for a proper setup and even then it would take while to get your ROI. I'd stick with trading for now, given the opportunity I would start a little mining farm on some new crypto coin for the heck of it.

It's seems to hear funny bro. Are you assuring the mining will be best platform than trading to make bitcoin. If you see any mining option, you need to wait to achieve the profit for long time. Cost of electricity speaks as burden in this platform but cloud-mining is scam attempts as you refer a talks in the forum. It means overall mining will not provide good profit or some or ponzis. Instead you do trading make profit with price change in the chart.
legendary
Activity: 1596
Merit: 1011
trading can be risky but if you don't trade with forms that take charge back and get proper ID it's usually fine. That's been my experience. I think mining would of been more profitable, now it seems you would need too much money for a proper setup and even then it would take while to get your ROI. I'd stick with trading for now, given the opportunity I would start a little mining farm on some new crypto coin for the heck of it.
Trading gives us a much better advantage than investing in cloud mining. Current investments in cloud mining mostly do not provide confidence. Cloud mining only perform calculations in the absence of hardware miner. Very unfortunate because almost all cloud mining will end scam.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
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.
member
Activity: 105
Merit: 11
trading can be risky but if you don't trade with forms that take charge back and get proper ID it's usually fine. That's been my experience. I think mining would of been more profitable, now it seems you would need too much money for a proper setup and even then it would take while to get your ROI. I'd stick with trading for now, given the opportunity I would start a little mining farm on some new crypto coin for the heck of it.
newbie
Activity: 28
Merit: 0
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.

(Shameless self promotion)
https://bitcointalk.org/index.php?topic=1774524.new#new


I mean i invested about 6-7k and want 1300 = huge savings off the bat but then it comes down to is ROI+gains achievable?

hero member
Activity: 1134
Merit: 517
Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.
Investing and trading do not assure you double income.it is prefer do not waste time on cloudmining things.while investing and trading through localbitcoin is too risky,people should not use it even if it has good reputation.
So what exactly is your recommendation as it concerns investing, trading and localbitcoin? If you say trading is risky and so should be avoided, then you need to think again, because nothing, nothing gain. Localbitcoin remains what highlights the very essence of Bitcoin - peer-to-peer transactions and it does not become risky even while dealing with strangers unless you want it to.
hero member
Activity: 868
Merit: 500
Cloud are a risk investment to try, some people had reach roi and now playing with proof, those people had joined at 2015-2016 and were able to roi in btc as well in value, nowadays looks very atractive due to price, but the roi on clouds is around 8-14 months, remember that you must get some extra ghs to follow the raise in difficult if you wanna to keep a similiar income.
Trading will let you collect some fees, you sell for 1500 and you buy for 1460 dollars, soo looks much more deal then any other way, the thing is you need to build reputation for those.
full member
Activity: 189
Merit: 100
Theres only on selection on here which is "trading" and all or most people do choose it rather than on scam cloud minings and we know all about their scheme which would really end up on scam in the end which means its not really advisable to engage into these things and we should be careful because most of them do really offer huge returns which is really impossible to sustain for long thats why owners will ran away with all the bitcoin of their investors. There are lots of trading platforms to choose from not only on localbitcoins.
Sounds of course very nice about the good profits, but spoils the whole picture of the opportunity to steal the investor's investment. How then to protect yourself from this situation.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
Theres only on selection on here which is "trading" and all or most people do choose it rather than on scam cloud minings and we know all about their scheme which would really end up on scam in the end which means its not really advisable to engage into these things and we should be careful because most of them do really offer huge returns which is really impossible to sustain for long thats why owners will ran away with all the bitcoin of their investors. There are lots of trading platforms to choose from not only on localbitcoins.
hero member
Activity: 1386
Merit: 504
Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.
Investing and trading do not assure you double income.it is prefer do not waste time on cloudmining things.while investing and trading through localbitcoin is too risky,people should not use it even if it has good reputation.
So how do you think is the right one that will make you get a profit .We know trading is risky but it is given the risk is we need for you to earn if you dont invest or trade you will just hold your money.
hero member
Activity: 2842
Merit: 625
Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.
Trade was and is the most profitable business both in the field of crypto-currencies and in other areas of trade. Well, if you take a separate trade Bitcoin What you need to consider is that not every user can work very well in this business. Of course, without luck in this matter anywhere.

Well for those people that are not doing well with trading then it's up to them, because everything can be learned.

If they think they are not good at trading, it's either they are going to try it again and they will practice trading for better.

It's just a matter of experience, if they are very positive with trading, go for trading because it will give them a better way of earning.

But if they are really not concern with trading and they think negative things about it all the time, just stop.
In trade everything is very difficult and you do not need to think that everyone can cope with this business. Except for luck, you still need to have a lot of information and knowledge so that you can successfully trade and earn well. This business is not for everyone

I don't believe that in trading everything is difficult as long as you know how to do it and you have enough knowledge upon doing it.

It's given that luck, we need it. But if you did study and did some proper research on how to trade properly, that will be helpful.

Together with the experience that you can get, in the end you will say that trading isn't that hard. You just need to familiar and you should used to do it.

And if you are into that situation, you will glad to say it.
hero member
Activity: 896
Merit: 505
Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.
Investing and trading do not assure you double income.it is prefer do not waste time on cloudmining things.while investing and trading through localbitcoin is too risky,people should not use it even if it has good reputation.
hero member
Activity: 1386
Merit: 504
Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.
sr. member
Activity: 240
Merit: 250
Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.
Trade was and is the most profitable business both in the field of crypto-currencies and in other areas of trade. Well, if you take a separate trade Bitcoin What you need to consider is that not every user can work very well in this business. Of course, without luck in this matter anywhere.

Well for those people that are not doing well with trading then it's up to them, because everything can be learned.

If they think they are not good at trading, it's either they are going to try it again and they will practice trading for better.

It's just a matter of experience, if they are very positive with trading, go for trading because it will give them a better way of earning.

But if they are really not concern with trading and they think negative things about it all the time, just stop.
In trade everything is very difficult and you do not need to think that everyone can cope with this business. Except for luck, you still need to have a lot of information and knowledge so that you can successfully trade and earn well. This business is not for everyone
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