Hashflare wants invest $500 | Bitcointalksearch.org

magneto

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Quote from: dirplanet on February 17, 2018, 08:24:30 AM

I wants to invest in hashflare around 500usd witch one is good for more profit able SCRYPT ,SHA-256, ETHEREUM ,ZCASH , DASH please help me to cose good one

No good telling from right now, because it all depends on whether an altcoin goes up in value or not.

As Slow Death said, the minimum withdrawal is sky high and if you do make your ROI back it will be some years before you can actually withdraw anything. Plus, since all contracts are 1 year now, you're probably not going to get ROI in the first place.

Do not forget how they increased minimum withdrawal and decreased length of mining a few months ago.

It means that they do not care about their customers, and is a cloud mining site to avoid at all costs. Choosing the algo to mine is only going to prevent you from losing more money.

Slow death

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Quote from: dirplanet on February 17, 2018, 08:24:30 AM

I wants to invest in hashflare around 500usd witch one is good for more profit able SCRYPT ,SHA-256, ETHEREUM ,ZCASH , DASH please help me to cose good one

" BTC minimum withdrawal amount is set to 0.05 BTC. "

it would probably take you 2 years to make the first withdrawal, unless of course you invested more bitcoins in this cloud mining company which would not be a smart move.

Now let's see, you have 500 $, buy bitcoin and hold for 6 months, you will have good returns and most importantly, you are in control of your bitcoin. Is different from making a very risky investment in a cloud mining site where you will hardly make a profit, withdrawal and headaches because of adjustments of minimum values of withdrawals

slaman29

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Quote from: 1Referee on February 17, 2018, 09:28:15 AM

It doesn't matter anymore what people say about cloud mining, the rookies flowing into this market by large numbers don't take any advice to heart. For that reason I don't even understand why these rookies keep asking others for 'advice' since they do what they want anyway. Let people waste their time and money on cloud mining, they will have to see for themselves how bad of an investment it really is. As long as they don't know that, they won't realize how messed up and scam infested cloud mining really is. Go ahead and invest your money in hashflare, try to mine Bitcoin. Good luck! Wink

Actually, what you said just made sense to me right now. I think we should just let people go into cloud mining, and hopefully we see a lot of new entrants go that way and eventually when they all lose money, let them go after these cloud mining scams themselves. Ruin their reputations quicker and maybe even get some people doing serious lawsuits. If these businesses can be exposed once and for all, perhaps by some big banker thinking to invest and getting burnt, then they'll simply disappear and stop becoming mainstream.

Maybe you have a point after all.

cissrawk

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Quote from: Rahar02 on February 17, 2018, 12:02:31 PM

It will be more informative if you mention how much you have invested on hashflare?

I bought it when price still $150/THs. And do reinvesting so total it about $200 on that time.

Quote from: Rahar02 on February 17, 2018, 12:02:31 PM

How much hashrate that you have at that time?

1.16 THs and still active until now.
The problem is with their fee and their withdrawal. The fee is depending on usd and when bitcoin price down, they will charge more bitcoin for maintenance fee. And their min withdrawal is about BTC0.05

Rahar02

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Quote from: cissrawk on February 17, 2018, 11:37:09 AM

not a good time to invest mate, and im not recommend it. The difficult can be grow higher in the future and it will be less payout from day by day, because i invest on hashflare too before so i feel it. Better keep it or invest on something else like altcoins or ico.

It will be more informative if you mention how much you have invested on hashflare?
How much hashrate that you have at that time?
I agree not to invest on hashflare as well, their mining operation is too shady imo.
Recent dip or even right now still a good time to buy more bitcoin or altcoins but cloud mining will change due to some big companies keep developing ASICs such as GMO in Japan and there are too many big mining farms which will push the difficulty to the higher number.

cissrawk

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not a good time to invest mate, and im not recommend it. The difficult can be grow higher in the future and it will be less payout from day by day, because i invest on hashflare too before so i feel it. Better keep it or invest on something else like altcoins or ico.

spadormie

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Hashflare? I heard that it is a cloud mining. Do you believe that you really can get money out of something that you're not the holder of your own money? Do you get me? Your money will be wasted I'm telling you. Just buy altcoins in exchanges.

UsernameBitcoin

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Do not invest $500 into hashflare or any cloud mining website.

Quote from: 1Referee on February 17, 2018, 09:28:15 AM

It doesn't matter anymore what people say about cloud mining, the rookies flowing into this market by large numbers don't take any advice to heart. For that reason I don't even understand why these rookies keep asking others for 'advice' since they do what they want anyway. Let people waste their time and money on cloud mining, they will have to see for themselves how bad of an investment it really is. As long as they don't know that, they won't realize how messed up and scam infested cloud mining really is. Go ahead and invest your money in hashflare, try to mine Bitcoin. Good luck! Wink

Yes some rookies don't listen to anyone and waste their money by getting into cloud minining but there are other rookies who will listen to advice and this advice will prevent them from wasting their money.

So if you are smart and listen to advice you can save your money.

1Referee

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It doesn't matter anymore what people say about cloud mining, the rookies flowing into this market by large numbers don't take any advice to heart. For that reason I don't even understand why these rookies keep asking others for 'advice' since they do what they want anyway. Let people waste their time and money on cloud mining, they will have to see for themselves how bad of an investment it really is. As long as they don't know that, they won't realize how messed up and scam infested cloud mining really is. Go ahead and invest your money in hashflare, try to mine Bitcoin. Good luck! Wink

Potato Chips

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yesssir! 🫡

Lol. Don't waste your time on cloud minings they're unprofitable

Quote from: Potato Chips on February 15, 2018, 01:34:01 AM

cloud minings are no longer profitable--the increasing mining difficulty plus the fee's they are imposing makes it unprofitable, not to mention legit cloud mining's often faces problems such as: disabled withdrawals, can't get ahold of support team, changing of fee's etc..
(This is of course assuming that the payouts are really from mining, in the end you can't know maybe they are just distributing payouts from the deposits of new members.)

If I were you I would just buy a couple of promising altcoins or maybe just bitcoin to HODL them. While it's true that most of the cryptocoins are now recovering, I still think that they (NOT ALL) are still undervalued.

dirplanet

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I wants to invest in hashflare around 500usd witch one is good for more profit able SCRYPT ,SHA-256, ETHEREUM ,ZCASH , DASH please help me to cose good one

Topic: Hashflare wants invest $500 (Read 173 times)