Is it worth it waiting before investing?

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

To make it in life you most be patient to do something worthwhile. In bitcoin there are many ways you can have a good return on investment. Though, there are many ways you most understand that ponzi investment is not one of the way. My advice to anyone's interested in making money through bitcoin are:
1. Purchased mining tools and software. Go into mining you will need to calculate your costs like electric, cooler, e.t.c
2. Trading bitcoin with other altcoin. You need to develop your skills and knowledge on forex trading, formalized yourself with both technical and fundamental analysis.

Kprawn

legendary

Activity: 1904

Merit: 1074

Quote from: ArcCsch on January 21, 2017, 09:10:59 AM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

For some reason, I believe OP made some small profit using the gambling website's faucet.
Faucets are not worth it, I know this from personal experience.
Do you have any skills? You can put up an add in the services section.
Do you like to post here? You can join a signature campaign once your rank grows.
You can always buy at an exchange (must be 18+ Cry

) and hold, just don't keep your funds on a web wallet, and remember to keep most of them in cold storage.

This will not work for this guy, because he was exposed to the "quick cash" route to success. He was lucky at gambling and then he looked

for the next option where the least amount of effort is needed to make money, or to loose it. Bitcoin is a currency, NOT a "Get rich quick"

scheme. You can also use it as a commodity and trade with the bitcoins you earned or bought, but that will take some effort. You do not

get MONEY {bitcoins} for nothing.... you have to work for it. Wink

ArcCsch

full member

Activity: 224

Merit: 117

▲ Portable backup power source for mining.

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

For some reason, I believe OP made some small profit using the gambling website's faucet.
Faucets are not worth it, I know this from personal experience.
Do you have any skills? You can put up an add in the services section.
Do you like to post here? You can join a signature campaign once your rank grows.
You can always buy at an exchange (must be 18+ Cry

) and hold, just don't keep your funds on a web wallet, and remember to keep most of them in cold storage.

xuan87

legendary

Activity: 1666

Merit: 1001

Quote from: Blackdeath on January 21, 2017, 06:10:07 AM

Quote from: antoarwadi on January 20, 2017, 08:41:28 PM

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

it is very normal for beginners,, My advice if you can not hold your bitcoin for a long time
you can try learn to trade. you can sell and buy bitcoin to find one do you think will benefit,, so yeah this plan have some risk if you cant be patient

In investing, all you need is braveness and believe on the market that it won't fail you. If you will just feel scare whever its rate goes down, don't tolerate yourself to carried away, otherwise, it'll result a negative profit. It has the same perspective in a long term investment in forex. You will just lose your money, once you sold your shares at lower price than price you biught that shares.

All you need is to research the site before investing, you need braveness and intelligence to invest and the market won't failed you if you know how to invest properly, and the greatest investment for me now is to hold bitcoin, it is more secure than you try to invest in other investment, my second option is to invest in casino, when investing you need to know that there is a risk of losing money, so be careful

Blackdeath

sr. member

Activity: 910

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: antoarwadi on January 20, 2017, 08:41:28 PM

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

it is very normal for beginners,, My advice if you can not hold your bitcoin for a long time
you can try learn to trade. you can sell and buy bitcoin to find one do you think will benefit,, so yeah this plan have some risk if you cant be patient

In investing, all you need is braveness and believe on the market that it won't fail you. If you will just feel scare whever its rate goes down, don't tolerate yourself to carried away, otherwise, it'll result a negative profit. It has the same perspective in a long term investment in forex. You will just lose your money, once you sold your shares at lower price than price you biught that shares.

Carlsen

hero member

Activity: 910

Merit: 501

Like many others here have already said, cloudmining is a scam.
In my eyes all investment options with bitcoins are (not trading, I do not consider that to be an investment).
If an offer sounds too good to be true, it always is.
Cloud mining services get their profit out of the greed of the people... don't feed them.

KickItDown

sr. member

Activity: 406

Merit: 250

Expert in busting

cloudmining is usually a lie, so why bother trying to get a cheap contract to get you less than what you would do with your own tools?

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: shintosai on January 20, 2017, 08:53:55 PM

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

Before you invest you should understand first the system and why you should put your hard earned money into that specific investment because if you dont have any idea there's a lots of possibilities that you will be scam or like what you have said you will be carried away of your fears when whales start shaking the market, the more you understand the game the more possibilities to earn.

The time you spend will give the better possibility to stay away from scams. These days lot of users before understanding the true growth of bitcoin as an investment simply invest in long term schemes and earn very less profit compared to the short term earning from bitcoin as a investment commodity.

shintosai

hero member

Activity: 756

Merit: 500

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

Before you invest you should understand first the system and why you should put your hard earned money into that specific investment because if you dont have any idea there's a lots of possibilities that you will be scam or like what you have said you will be carried away of your fears when whales start shaking the market, the more you understand the game the more possibilities to earn.

antoarwadi

member

Activity: 170

Merit: 10

Quote from: demonz666 on January 20, 2017, 08:31:56 PM

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

it is very normal for beginners,, My advice if you can not hold your bitcoin for a long time
you can try learn to trade. you can sell and buy bitcoin to find one do you think will benefit,, so yeah this plan have some risk if you cant be patient

demonz666

full member

Activity: 493

Merit: 100

Quote from: Velkro on January 20, 2017, 05:24:36 PM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

I want to like you did '' to hold bitcoin '' but I am always afraid when I saw the price on market when broke a lot
do you have any suggestions to withstand fear to sell?

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

your first thing that you did was gambling and that is not an investment and you can not make money that way. you got lucky one time and made some small profit, but it won't last.

and what you are asking is about investing in a cloudmining website, and from what you said (giving GHS for free) it seems like you have found a scam Ponzi scheme (most cloudmining sites are scam) and your answer is no, do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

Agree on both, gabling is not investment and giving money to scammers is not investment also.
I would be more cautious in future. Best investment and safest investment for bitcoin is to hold it. Thats it.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

So I'm a complete newbie at this new business of Bitcoin and other coins... And since I don't know shit about mining, I decided to take it easy first... I started playing Pocket Dice, and transfered to my wallet 0.00045 BTC... So I kinda made money without rly investing...
Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

Here you need to understand about the mining .
mining is no more profitable now , but somewhat profitable in China because of low coast of electricity , Now here many sites are offering there website service for cloud mining which is about 99% sites are scam but some of them are legit but at legit sites usually it will take about 2-3 years for your return of investment .
So here I will advice you to don't invest your money in mining .
If you want to investment then make investment in bitcoin buy and use your bitcoin for trading .

QuantumFoam

full member

Activity: 200

Merit: 100

|Quantum|World's First Cloud Management Platform

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

I can suggest you some mining websites where you can mine 1 bitcoin per day for free but in order to withdraw your mined bitcoins, you have to pay 1.5 bitcoins. Is it a good investment? NO, it is called scam.

Please invest your time before investing your money and don't waste it in gambling, you can lend it to the trusted members on bitcointalk or even on p2p lending sites. Think twice before investing and study about investment options.

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

So I'm a complete newbie at this new business of Bitcoin and other coins... And since I don't know shit about mining, I decided to take it easy first... I started playing Pocket Dice, and transfered to my wallet 0.00045 BTC... So I kinda made money without rly investing...
Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

Don't put your money in a mining schemes that offers you free things, it is likely a scam.

If you really want to go for investing you should make some research before, especially about the company. It is not worth the risk to go for the highest returns if you lose it all in a scam.

deadsilent

hero member

Activity: 1148

Merit: 500

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

So I'm a complete newbie at this new business of Bitcoin and other coins... And since I don't know shit about mining, I decided to take it easy first... I started playing Pocket Dice, and transfered to my wallet 0.00045 BTC... So I kinda made money without rly investing...
Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

Fast mining? What is that? Is that a cloudmining investment? If its cloudmining. Investing in a cloudmining is not profitable anymore. Its not worth the money you invest. It may take a long time to return your roi back. Also, i never heard Fast Mining before. If you decided to invest in a cloudmining. Make sure you choose the good.one. Theres a lot of cloudmining scams out there. Hashflare and genesis are legit cloudmining. You should go there. You need to be patient because like i said it takes a long time to get back the money you invested.

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

So I'm a complete newbie at this new business of Bitcoin and other coins... And since I don't know shit about mining, I decided to take it easy first... I started playing Pocket Dice, and transfered to my wallet 0.00045 BTC... So I kinda made money without rly investing...
Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

Hey! Welcome to bitcoin.
As you are a complete newbie so i will give you some good and straight suggestions and you should follow them if you don't want to lose any money.
The very first thing i would say would be to stay away from cloud minings and all such sites which promise you big returns. I wont suggest you not to gamble as that is your own choice if you know what the outcome can be. And also, first of all try to learn some things about bitcoin and then think of investing money anywhere.
Cheers.

adzino

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Activity: 2968

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www.Crypto.Games: Multiple coins, multiple games

Quote from: aVeryPissedGnome on January 18, 2017, 12:00:23 AM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

So ignoring the schemes, is there any good cloudmining website that I can trust to invest on?

About 99% of cloud mining sites are just ponzi schemes where they end up scamming people. Fast mining is you giving you free GHs just to gain your trust. Would be best if you avoid reinvesting over there. Better off investing in a legitimate casino while holding your coins. You sure will make profits after a while.

jacee

legendary

Activity: 1302

Merit: 1025

Quote from: aVeryPissedGnome on January 17, 2017, 10:17:12 PM

Now I discovered this Fast Mining which gives you 20GHs for free, and its kinda going... So, should I wait for it to raise enough to invest more, or start investing real cash? And where?

Beware of these cloudmining schemes. The are not a legitimate servce and they don't really have a mining farm like they claim where they are getting those ghs that people purchase.
Do not invest or you'll just waste all your earned coins. It's better if you'll just save it an wait for a price rise or maybe start in trading. There is no such thing as easy money so inveting is a no no specially in the bitcoin industry where ponzi will pop up almost anywhere.

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: mundang on January 18, 2017, 08:26:10 AM

Quote from: aVeryPissedGnome on January 18, 2017, 12:00:23 AM

Quote from: pooya87 on January 17, 2017, 11:55:19 PM

do not invest in that. if it is free and pays you enjoy it but do not give your money to them.

So ignoring the schemes, is there any good cloudmining website that I can trust to invest on?

To hard to trust cloud mining sites this days. Remember hash ocean mining site,almost 2 years of operation and it end up because bitcoin pump its price. For now you better stay away on any cloudmining websites.

Yes,i cant see any reason to invest on cloudmining sites even on those who are still running until now because of the mining difficulty its not really profitable as of these days.Dont invest on cloud mining sites if you dont like for your money to be scam.

Topic: Is it worth it waiting before investing? (Read 1697 times)