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Topic: i have 1000$ use it in cloud mining or buy mining hardware or other ?? (Read 1361 times)

legendary
Activity: 1526
Merit: 1000
You can invest in cloud mining, for sure. Holding onto your bitcoins and hoping that he price will go up is just like hoping that the price of gold will go up, when it just fluctuates all the time.

If you invest in mining then you are still basically investing in bitcoin; however the returns are higher since in the meantime you are getting extra mining rewards.

The mining services I use are:

Bitmain's Hashnest and hashnet.co. They are two different companies. Bitmain's service has been around for a much longer time, and they are more established, but the returns are not as good as hashnet.co's

You are welcome to try both, but remember that is just my opinion.

This makes no sense.

If he spends 1000 on x coin he will have 1000 worth of x coin today. If you buy 1000 worth of cloud mining you are hoping that someone will give you 1000 worth of coin over time.
newbie
Activity: 8
Merit: 0
You can invest in cloud mining, for sure. Holding onto your bitcoins and hoping that he price will go up is just like hoping that the price of gold will go up, when it just fluctuates all the time.

If you invest in mining then you are still basically investing in bitcoin; however the returns are higher since in the meantime you are getting extra mining rewards.

The mining services I use are:

Bitmain's Hashnest and hashnet.co. They are two different companies. Bitmain's service has been around for a much longer time, and they are more established, but the returns are not as good as hashnet.co's

You are welcome to try both, but remember that is just my opinion.
sr. member
Activity: 294
Merit: 250
Buy LTC and hold it til "halving", the price "maybe" increase in a great %%, to cashout.
legendary
Activity: 3248
Merit: 1070
You can invest in a number of HYIPs and increase them much faster.But there exists a very big risk and you can lose everything.

HYIP is bad idea if you don't know how to do..,
as I and others said above, buy btc or trading is best choice now...

nowadays hyip are not different than ponzi, actually they are the same, thinl many site proimise a good return based on their good trading, but behind the scene they are essentialyl runnign a simple ponzi

like the cloud mining scam that were running ponzi too

OP should not invest in any of those scam site, it is better at this point(if you want to gamble) to do trading with altcoin, at least you know that it is "luck fault" or your fault(partially) and not that someone stole your coins
sr. member
Activity: 266
Merit: 250
Many different advices,, but in reality I do not know too much about Bitcoin trading,, everyone advise me to trade and buy Bitcoin, but no one told me how to do it ??

I thank everyone for the assistance and advice,,

But is not there any cloud mining company legit ??

https://www.genesis-mining.com/a/53251 // Use my Promo Code to get off 3% : oKt3IL

I invested there about 1.500€ in March. Working pretty good - Already got 25% Back.
The Best is, that it is Lifetime. The Guys from Genesis Mining come from Germany, Berlin - And there Mining Facilities are real (New Zeeland) - thats Important.

Otherwise be Carefull of scammers like BitcoinCloudServices.com. Thoose Bastards are still online... Huh

regards



Your right the ROI taking up to a Year with Genesis-Mining. But for me there a just a handfull of legit Cloudmining Services. Others are... Just another Ponzi again.. So becarefull where u invest ur Money. U can loose it as fast, as u invested it  Wink
I have to out myself as an Cloudmining Service User, But also Miner - Mining is since some time more fore Fun. Because its very heavy and exspensive in my Location.

Therefore - I would Buy Bitcoins now with this Money. And hope the Price will currently rice up.
Maybe an invest of 30%-40% seems legit.

Also try PLUS500 - If seen this on several Faucets - They give you 25$ free Signup Bonus.
I made 606.00€ out of it and just get it out 3 days after  Roll Eyes WOW  Shocked

regards
legendary
Activity: 1106
Merit: 1000
You can invest in a number of HYIPs and increase them much faster.But there exists a very big risk and you can lose everything.

HYIP is bad idea if you don't know how to do..,
as I and others said above, buy btc or trading is best choice now...

That's right, invest in hyip is like a gambling I think, you don't know when the site run out your money, sooner or later.
I ever invest in hyip, that fresh hyip(usually you can get roi easily in fresh hyip LOL), but 2 weeks later the hyip is ponzi and runs out my money.
newbie
Activity: 18
Merit: 0
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
u can invest on fresh cloudmining with more Proof
I remember my friend invite me to join bitcoincloudservice in last year he but im not interesting and i invest on hashprofit ( rusian cloudmining)
My friend get 3x ROI also he get some btc from referal
and i get only 60% before scam


Thankful for the advice, but I think there is some mining cloud which is now the confidence to invest and can share them or buy them from mining
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
You can invest in a number of HYIPs and increase them much faster.But there exists a very big risk and you can lose everything.

HYIP is bad idea if you don't know how to do..,
as I and others said above, buy btc or trading is best choice now...
legendary
Activity: 1106
Merit: 1000
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
u can invest on fresh cloudmining with more Proof
I remember my friend invite me to join bitcoincloudservice in last year he but im not interesting and i invest on hashprofit ( rusian cloudmining)
My friend get 3x ROI also he get some btc from referal
and i get only 60% before scam

Most all fresh cloudmining service is less proof, they turn into scam sooner or later. Better stay away from cloud mining.
hero member
Activity: 644
Merit: 509
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
u can invest on fresh cloudmining with more Proof
I remember my friend invite me to join bitcoincloudservice in last year he but im not interesting and i invest on hashprofit ( rusian cloudmining)
My friend get 3x ROI also he get some btc from referal
and i get only 60% before scam
legendary
Activity: 1610
Merit: 1008
You can invest in a number of HYIPs and increase them much faster.But there exists a very big risk and you can lose everything.
sr. member
Activity: 266
Merit: 250
buy mining hardware, cloud mining not profitable and have risk scam. you can choose what coins have good profit
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Buy btc for that money i invest 1 btc in some alt that you think will be good read little about it this forum. Dont go for cloud mining waste of money and time
full member
Activity: 168
Merit: 100
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 

My point is Other Smiley
you can grow it in trading, or give a loan to trusted member or to member with collaterla only Smiley
legendary
Activity: 1764
Merit: 1000

genesis-mining is a huge waste of money too. ROI is far away, I'd rather throw my money away to a cloudminier ponzi
newbie
Activity: 18
Merit: 0
Many different advices,, but in reality I do not know too much about Bitcoin trading,, everyone advise me to trade and buy Bitcoin, but no one told me how to do it ??

I thank everyone for the assistance and advice,,

But is not there any cloud mining company legit ??
legendary
Activity: 1022
Merit: 1000
Cloudmining should be avoided. It's little to no reward with a great amount of risks involved.

Buying btc always made more sense than any form of mining.

This is the soundest advice.  Mining has almost always been just another way to buy bitcoins, and it hasn't usually made sense at any one point in time.  What has worked for miners is when the price of bitcoin has gone up.  For example, when bitcoin cost 1 USD, mining it was not cost effective, but since it went up to 1000 USD, everyone who mined back then is rich.  But then, so is everyone who bought btc for 1 USD.  So you are just as well off buying the btc and holding rather than trying to buy mining equipment and mining, unless you just want to.

Agree with most of the others, while not all cloud miners are scams, it is impossible to tell the ones who are legit from the scammers unless you visit them IRL.

Good Luck!
legendary
Activity: 980
Merit: 1000
for now i think you better stay away for cloudmining because mostly cloudmining is only sell a ponzi and will be a scam
like the other i suggest you buy bitcoin and try learn about trading
sr. member
Activity: 337
Merit: 250
HTML5/Node.js/PHP developer
Buy BTC and keep it in cold storage
hero member
Activity: 886
Merit: 1013
Cloudmining should be avoided. It's little to no reward with a great amount of risks involved.

Buying btc always made more sense than any form of mining.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
buy bitcoin - hold it - sell it, otherwise buy mining hardware and mine altcoin.., Smiley
mine altcoin is better than bitcoin directly because the diff of btc is so high now.. Cheesy
full member
Activity: 120
Merit: 100
Matt or Jack? Why not both!
Yeah anymore it is better to just buy the coin itself rather than hardware to mine it. Its much faster too
sr. member
Activity: 294
Merit: 250
invest in bitcoin, and hodl it for a while.

95% of all "cloud" mining services are "scams/ponzi",
Mining take to much to roi (6 - 7 month).
legendary
Activity: 1288
Merit: 1043
:^)
id say neither; first off you should do your own research into mining and profitability, and bitcoin in general. avoid cloud mining if you can, most of them are or turn out to be ponzi scams. not all of them though.
legendary
Activity: 1764
Merit: 1000
don't go with cloud mining, that's like gambling.

* Buy Bitcoin and HODL
* Buy Gold Smiley
* Buy BitShares BitUSD - smartcoin tracking the real USD
legendary
Activity: 1106
Merit: 1000
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 

Buy bitcoin, hold on cold wallet, until for to the moon(long term) or wait until price rise(short term).
Be careful to invest in company or group, they maybe scam.
legendary
Activity: 3248
Merit: 1070
better to buy 4 bitcoin with those money and wait for the rise, that it will surely happen before you can even dream of a break even with any mining activity, both cloud or home

if bitcoin die you will lose money in both case(because miners will be worthless in this cas) if not, then will earn a lot in a much less time
full member
Activity: 126
Merit: 100
There is a way to earn bitcoin without buying hardware.
Will send you information.
newbie
Activity: 18
Merit: 0
i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
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