i though mining was profit but its not now,maybe i should trading
trading is like pure gambling because of pumps and stuff like that you can either win big or loose big 
Topic: Help me please ! I am new! (Read 2007 times)
i though mining was profit but its not now,maybe i should trading
Trading?
You mean "buy low, sell high" like people make it sound so easy, lol.
Educate yourself first, or you won't have any coins to worry about, very quickly.
thanks its so helping 
You're welcome. That's what the Beginners & Help section is for. 
Hey there Iordanis! Welcome to bitcoin and bitcointalk. There are several things you should know about mining before you start cosindering an investment. First of all, the difficulty is an importand factor. Depending on how big the mining network gets, the difficulty will rise. If it does, you'd be earning less bitcoins for the same mining power. You can use this tool to measure this: https://bitcoinwisdom.com/bitcoin/difficulty
One of the most efficient miners publicly available now is Antminer's s5. However, I wouldn't think of this as the ideal time to buy one as better miners are probably going to be released within 2015. Your goal of course would be to break even. If at any point your miner's electricity ends up costing more than it's earnings you'd be losing money. With that said, bitocin's price is also an importand factor. Mining can be risky, if you're just getting started with it, I'd suggest you spend some time educating your self on it.
Also, be careful of trading and cloud mining. They can be equally or even more risky. If you're going to go with cloudmining, at least pick a decent provider. A user here has created a list of those providers marking the ones that are likely ponzi schemes. https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
One of the most efficient miners publicly available now is Antminer's s5. However, I wouldn't think of this as the ideal time to buy one as better miners are probably going to be released within 2015. Your goal of course would be to break even. If at any point your miner's electricity ends up costing more than it's earnings you'd be losing money. With that said, bitocin's price is also an importand factor. Mining can be risky, if you're just getting started with it, I'd suggest you spend some time educating your self on it.
Also, be careful of trading and cloud mining. They can be equally or even more risky. If you're going to go with cloudmining, at least pick a decent provider. A user here has created a list of those providers marking the ones that are likely ponzi schemes. https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
Something most dont know about is that the initial income form mining will diminish very fast over time. That means your risk of not even getting your investment back is very high.
The reason is the difficulty of the blockchain, its rising constantly and makes it harder to earn.
If you want to get a feeling about how it works check out https://tradeblock.com/mining/ and see how long it might take.
Please take into account that you might get your hardware late or sometimes not at all. So you get fast into an area with no profit anymore.
The reason is the difficulty of the blockchain, its rising constantly and makes it harder to earn.
If you want to get a feeling about how it works check out https://tradeblock.com/mining/ and see how long it might take.
Please take into account that you might get your hardware late or sometimes not at all. So you get fast into an area with no profit anymore.
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
If your current country electrecity's cost is cheap, you can try invest it on hardware.
But for me, it will easier to buy some bitcoin and altcoin directly into exchange and you can start trading now rather than buying hardware
Its very hard today to earn something from mining,
you need poferfull miner and cheap electricity.
Better run some business with btc or try to trade
you need poferfull miner and cheap electricity.
Better run some business with btc or try to trade
You'd be better off cloudmining but I wouldn't even recommend that. Just buy coins with your money. You could try trade them but personally I would just hold them as an investment.
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
If your current country electrecity's cost is cheap, you can try invest it on hardware.
But for me, it will easier to buy some bitcoin and altcoin directly into exchange and you can start trading now rather than buying hardware
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I highly recommend NOT using your money for buying hardware and begin mining, instead, I'd suggest something like cloud mining.I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
Try researching cloud mining a little and explore that avenue.
with 1k you can only buy 3 tera, which produce 0.036 per day, then you need to wait 120 day minimum for roi, it this worth it for you?
and i removed any maintnace fee or electricity cost from that simple math, also i assumed no change in the diff, idyllic scenario...
the only thing you can do if 120 ays are too much, is selling your miners after 60 days, you should come out with a profit around 30% of your investment
and i removed any maintnace fee or electricity cost from that simple math, also i assumed no change in the diff, idyllic scenario...
the only thing you can do if 120 ays are too much, is selling your miners after 60 days, you should come out with a profit around 30% of your investment
Take that 1000 dollars and just buy bitcoins with it. You'll almost certainly lose your money or half of it on mining so it'll likely be a waste.
Ela re, ola kala?
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
no. just stay with bitcoin and learn more about it. after that you can take a look at Litecoin
When you investing 1k$ in BTC you get 4 BTC....
4 BTC is nothing!
To make nice profits you have to invest in altcoins which have potential in the future...
The best chance is CLOAK. Check the Thread!
Ela re, ola kala?
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
no. just stay with bitcoin and learn more about it. after that you can take a look at Litecoin
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
What your basic skill,,?
Know your self before you do it
Mining is very hard to get profit with bitcoin price, diff and electric cost
and trading is not easy too you can double your money or lose and not get anything
Ela re, ola kala?
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
You should invest in CLOAK...best profit in future!
Check the Greek Thread of Cloak:
https://bitcointalksearch.org/topic/ann-cloak-cloakcoin-premine-x13-posa-trustless-998838
wouldn't bother mining now dude unless you want to do it as an expensive hobby or have enough $$$ to buy a shitload of mining hardware (and access to cheap or free electricity). maybe consider mining some alt currencies though bare in mind most of them end being worthless. personally I'd just buy btc and then maybe invest ~1 btc in alts
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
dont mine. learn more about BTC
https://www.youtube.com/watch?v=O0oDDIy0P2s
well i dont know your degree of need tof technology you can also invest in technology and knolage of mining but the easy way to profit its to do bussiness into trades and work into the markets and do not expose all the 1K into a big deal do small investmens of 10$ 0.05 btc max to see the reactions. if you wish you can even try buy a small btc miner with 70W to see theporfit and expences of mining and the 3 to 6 month roi but like i sais in my opinion do not go for the all 1K buy of somtheing do ssmall parts and safe for like 1 year
I would like to know if its worths nowdays bitcoin mining....
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
I can invest right now 1k$ .
Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?
Thank you in advance!
If i have 1k$, i will use for trading(make exchanges). Mining bitcoin is so hard now because the diff increase and don't forget to pay electric bills, but if your electric bills is cheap, why not to try mining bitcoin.
~iki
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