Aside from the scams you have to know what you're doing. It's somewat like day trading
but also like gambling due to the luck factor. You're competing against pros as well as bots,
so you have to be better than they are to be profitable.
There are a lot of risks, like the recent 40% price drop. Had you bought hash at the high price
then got paid at the low price you would have taken a big loss.
but also like gambling due to the luck factor. You're competing against pros as well as bots,
so you have to be better than they are to be profitable.
There are a lot of risks, like the recent 40% price drop. Had you bought hash at the high price
then got paid at the low price you would have taken a big loss.
Had you bought hash at the high price
then got paid at the low price you would have taken a big loss.
This isn't accurate, because usually the prices are in BTC. So you will pay in BTC and receive in BTC for example (you can mine another coin, but the idea is to pay and receive the coins you "mined")
