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Topic: Cloud mining/Investing or trading on localbitcoins? - page 6. (Read 12220 times)

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.
hero member
Activity: 588
Merit: 500
I use genesis-mining almost 2 years.
Its just perfect. Payment every day always on time.
I use sha256 hash for BTC mining

cloud mining is not recomended investment
how much return in genesis-mining, how long can BEP in genesis mining

if have high skill trading recomended use bitcoin to trading
sr. member
Activity: 287
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.
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.
legendary
Activity: 1372
Merit: 1005
IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.

Its not about buying and holding bro. If you invest on trading site localbitcoins, will you be able to make profit. I agree that cloud mining is mostly ponzi schemes to us but trading in lbc is best option to make investment on bitcoin.
Please check the traders in the forum, who have been doing trade at there. you can easily make profit from there with the help the continuous price change in the chart.
sr. member
Activity: 406
Merit: 250
IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.
Agree with this, i do not want cloud mining anymore i just tried to invest in cloud mining many times but it was a same result they are all scam.
Localbitcoin trading is need to have a survey in your area if how many bitcoin users wanting to used your services and how many people are using this crypto currency.
hero member
Activity: 868
Merit: 535
IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.
hero member
Activity: 686
Merit: 521
IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process
sr. member
Activity: 1400
Merit: 269
I highly recommend trading it has a chance to double or to triple your bitcoins and i highly doubt that cloud mining/investing is profitable
you will not receive any ROI in those cloud minings and lose your money instead but trading through localbitcoins or some altcoins is a good way to earn some amount of money you can even make it a living.
hero member
Activity: 2282
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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.
hero member
Activity: 1218
Merit: 683
Tontogether | Save Smart & Win Big
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.
hero member
Activity: 1134
Merit: 517
I never believed in cloud mining. I think that they are scammers. They collect money not for equipment. Simply the moment comes and these services disappear with all the money of depositors
Why cloud mining if I may ask? If you are indeed interested in mining, then there are far better options as 99% of sites claiming to cloud mine dont even own a single hash power - that s probably the new face of ponzi. Purchasing of mining equipment for Bitcoin these days costs a fortune and it is becoming a thing for the institutions, however It is possible to rent equipment as well as join a mining pool, your investments these way would not readily go down the drain as it is sure to with cloud mining.

Subsequently, the Bitcoins you earn could be traded to make even more, but that must be after quality time must have been put into learning  the ropes in trading other than that, trading would simply turn out the drain pipe for all your efforts, time and resources.
sr. member
Activity: 284
Merit: 250
I never believed in cloud mining. I think that they are scammers. They collect money not for equipment. Simply the moment comes and these services disappear with all the money of depositors
hero member
Activity: 756
Merit: 500
If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

Those reliable source that you are saying are in fact right. Most of the cloud mining sites are into one aim which is faking its real service.

Though there are some legitimate cloud mining but you will just end up nothing upon recovering your investment.

Better to look for some other back up source of income aside from trading.
There are some people in my country providing their own cloud mining services and they are more reliable than other sources on the internet. I only invest my money in some projects which I can easily follow them and carefully secure my fund and capital. Cloud mining is not bad, only the people who create it for illegal purposes are bad

that's the world, where every good intention that we do there is definitely a bad thing we get. So, everything depends on us, if indeed we are to be successful then the major key is always trying and working hard. When you cannot get what it wants after making the effort and hard work, the next step is to intropeksi yourself about all the things you used to do. Because sometimes we forget to do something that in fact it is so important
 
hero member
Activity: 1526
Merit: 596
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  Smiley
I would recommend trading for you , cause investing is a risky thing and you dont have control of your money ,unlike trading where your money is safe and less risk.  And also trading gives you easy profit as long as you know what altcoin to buy.
I cannot agree with your point of view, it is all dependant on what you invest in, and what do you exactly want to trade with.
Risk varies from the asset type and also from many other factors and you cannot simply say that trading is safer than investing: it is all up to you, what strategy and techniques you are going to use, and if they are a correct tools to achieve your goals in some specific situation.

Altcoin trading is most difficult if you actually want to get into some new, cheap crypto. You can never have any kind of guaranteee that this alt is not going to get dumped really fast, that is the biggest issue about doing that.
newbie
Activity: 41
Merit: 0
Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to [Suspicious link removed] 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  Smiley

hy, the problem on investing and cloud mining is high risk i seen many of companies not run till 3 or 4 month when it's time to get R.O.I mostly programs became scam and loose money with time. But the best way to double your bitcoin is try trading on altcoins because i saw many times every altcoin price is increasing no one go below the trend some increase day by day and some increase monthly but fact is they always increasing so purchase the coin and hold and sell that after one week or month when it's price go higher.
sr. member
Activity: 532
Merit: 280
nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.

Trade also has risks. And if you are a novice, then there is a high probability that you will lose money.
But it's not very profitable to deal with mining now, and cloud mining can be scammers
Yes cloudmining is good at first but this is not good in the long run, all cloud mining are turning to scam because they do not have real mining site they only get bitcoin or altcoin to the investors. That is why do not waste your time and bitcoin by investing in cloud mining much better to do trading method even it is risky but the chances of earning profit is higher possibility
sr. member
Activity: 255
Merit: 250
nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.

Trade also has risks. And if you are a novice, then there is a high probability that you will lose money.
But it's not very profitable to deal with mining now, and cloud mining can be scammers
full member
Activity: 238
Merit: 100
nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.
sr. member
Activity: 619
Merit: 250
nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen
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