Should I invest in cloud mining or just lend out loans to people to make a profi - page 2.

SpanishSoldier

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Quote from: Mrbutter on November 20, 2014, 04:15:28 PM

Do I need to have a lot of bitcoins to profit in cloud mining? I only have a couple of bitcoins at the moment and I was looking into earning more bitcoins. Should I invest in cloud mining or just lend out loans to people to make a profit?

I might get cheated in both. Its just about where the chance to get cheated is less. Here cloud mining gets my vote

picolo

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Quote from: Mrbutter on November 20, 2014, 04:15:28 PM

Do I need to have a lot of bitcoins to profit in cloud mining? I only have a couple of bitcoins at the moment and I was looking into earning more bitcoins. Should I invest in cloud mining or just lend out loans to people to make a profit?

I would advise to keep most your bitcoins and wait for the price to increase; if you invest some of your bitcoins make the calculation and only send money to trusted websites/members

notlist3d

legendary

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I think eventually we will see some "cloud" turn out to be ponzi. Some of the big names I think are safe. But some day we will see a ponzi.

kickbit

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In Blockchain We Trust!

You will not get any profit with cloud mining. That's for sure

twister

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I would not suggest either, so many so called cloud mining companies have already ran away with people's funds and as far as lending is concerned, it is again very risky since the majority of borrowers won't have collateral and you shouldn't give away your money without 110% collateral. I would suggest you just keep your bitcoin safe and hodl on to them and wait for the price to reach sky-high.

Mrbutter

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Do I need to have a lot of bitcoins to profit in cloud mining? I only have a couple of bitcoins at the moment and I was looking into earning more bitcoins. Should I invest in cloud mining or just lend out loans to people to make a profit?

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