I'm looking for investments where (a) I can assess risk and reward, and (b) the risk/reward ratio is favourable.
Going forward, when people question whether scrypt.cc is a safe investment, maybe you could acknowledge up-front that you're a gambler and don't regard scrypt.cc as cloud mining, but as a ponzi scam. That would save a lot of time, and might save some people from losing their money.
Yes, I acknowledge I don't regard scrypt.cc as cloud mining, but as a ponzi scam game
I also am looking for investments where
(a) I can assess risk and reward, and
(b) the risk/reward ratio is favourable too.
But there is no such investments in the Crypto-Coins world. Not yet.It's great that you acknowledge that you shouldn't be promoting scrypt.cc as anything other than a risk. However, your claim that
"there is no such investments in the Crypto-Coins world. Not yet." is...
Bullshit. There are plenty of investment opportunities that don't rely on depositing with someone who has scammed you out of 20 BTC. There are plenty of investment opportunities where counter-party risk doesn't entail dealing with someone who - in your own experience - is a scammer. Simply looking at the numbers (total number of exchanges that have failed / total number of BTC exchanges that have existed) shows your bold claim to be bogus. Now consider how many "cloud mining" operations have existed, and how many have been scams. The counter-party risk is clearly far, far,
far higher with "cloud mining".
For reference, I'm counting MtGox as the one exchange that has failed (I'm ignoring exchanges that closed but didn't leave customers out-of-pocket). In contrast,
this post about cloud mining scams (and how to spot them) has an extensive list of cloud mining operations that have failed, or (in the case of scrypt.cc) are likely to fail soon.
Despite your bold claim, I've made a steady drip of money with swaps on Bitfinex. It's nothing great, it's not going to make me rich, and I would never risk all my BTC at Bitfinex, but it proves to me that there
are investments where reward outweighs risk (at this time - I'm not saying you can all trust Bitfinex forever, because - spoiler alert - I'm not a shill). I've also made good money selling binary puts at Coinut (again, I'm not recommending everyone pile in and try this - I've traded options in the past and I'm comfortable managing risk, but it - again - demonstrates that there are investments where risk can be managed).