Same thing as me, I have never seen anyone around me that is doing mining, and from what I have come to understand these days, to become a miner is not easy and things even got more difficult after this last Halving. Mining is mainly meant for people who have a huge finance that is well enough to open a mining farm and also enough to carry the expenses that comes with it.
Also you have to be someone in a location with cheaper electricity, if it’s not that way, then you’re not going to achieve something through mining. At the very beginning it used to be mining buying a miner and mining with their computer, but things have changed and it does not work that way any longer. As for signature campaigns, it’s quite easy and anyone can go for it.
Topic: What area of bitcoin participation is easiest to work with? - page 3. (Read 691 times)
I haven’t tried mining for a very long time because of a lot of tools to be considered and expenses also. I prefer doing imo in trading coins to earn as long you know when to do trades. In bounty, you may search the very most legit to join but take note a lot of scam projects and not paying those bounty hunters anyway all are risks. You just have to do some research which is best fits and works for you.
I am against the bounties and no hard feelings for those who are involved with it.
In my opinion providing your own services could be best way to earn decent amount of passive income on the crypto platform. Considering bitcointalk forum people are earning from design services to artworks as well. If you have any real life skill you just present it here and you are good to go for bucks of earning daily.
Mining is good option when you do it with future perspective. If you think you gonna end up with ROI within few months then its not for you. I started mining with rx580 for ETH coin and after 3 and half years I have reached my ROI since ETH mining difficulty rose drastically.
So, there are plenty ways to portray this field, go with your grudge!
In my opinion providing your own services could be best way to earn decent amount of passive income on the crypto platform. Considering bitcointalk forum people are earning from design services to artworks as well. If you have any real life skill you just present it here and you are good to go for bucks of earning daily.
Mining is good option when you do it with future perspective. If you think you gonna end up with ROI within few months then its not for you. I started mining with rx580 for ETH coin and after 3 and half years I have reached my ROI since ETH mining difficulty rose drastically.
So, there are plenty ways to portray this field, go with your grudge!
Only a few people got an interest in mining because of huge expenses and we know that not all don't have such capability to fund it. And besides, it is not only about huge expenses but the risk lying on it in the mining industry.
Of course, why I should have to struggle that much since I know my self that it can't and I don't feel that it work for me. That makes us decide into the thing that we see a low risk and we know that we can make a profit without risking a huge amount of money. If that only buy and sell strategy gets your comfort, then you shouldn't have to push yourself to step up.
Of course, why I should have to struggle that much since I know my self that it can't and I don't feel that it work for me. That makes us decide into the thing that we see a low risk and we know that we can make a profit without risking a huge amount of money. If that only buy and sell strategy gets your comfort, then you shouldn't have to push yourself to step up.
but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone,
I missed this part,what does it mean of "Cannot just be Done alone'?you can mine how many as you can afford.
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and if you even attempt it probably with your android, you may end up wasting your time
You have reached senior account and being here for years yet don't have good idea about this stupid Mobile mining?sad to hear that .
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Considering all this, which of all the participation do you see as least demanding and easiest?
Buying and HOLDING,thats the easiest and less demanding.
If you compare yourself to others you will always feel as if other people are doing better than you. It's human nature to feel this way.
As far as mining goes you can still profit if you can get miners before everyone else or if you get the first or second batches. You could also buy second-hand miners and still make a profit. I have seen some second-hand ones go for a good price. My biggest issue with mining is that each unit to very expensive. At least $500 or so for smaller miners. What if it should stop working? It's not like other things, bitcoin miners are time-sensitive so every second you are not mining you are losing out. It is a pity only people with a lot of money can mine. That wasn't satoshi's vision.
As far as mining goes you can still profit if you can get miners before everyone else or if you get the first or second batches. You could also buy second-hand miners and still make a profit. I have seen some second-hand ones go for a good price. My biggest issue with mining is that each unit to very expensive. At least $500 or so for smaller miners. What if it should stop working? It's not like other things, bitcoin miners are time-sensitive so every second you are not mining you are losing out. It is a pity only people with a lot of money can mine. That wasn't satoshi's vision.
...but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Because mining today is only for those who have a strong dedication to established a good mining setup despite difficulties and challenges and willing to spend a decent amount of money only on that big purpose.
As for crypto-related works, it's really tough to look for it nowadays. But to acquire bitcoin, it doesn't limit you to just work and be paid in crypto as you can also buy it thru your precious fiat.
Do you have a day job? Focus on saving money out from your source of income then used some of it to purchase bitcoin then from there, up to you if you will just hodl it or deal it with trades. Slowly but surely, you will able to have good numbers of BTC in the process.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Well, if you didn't participate in the earlier mining years of bitcoin, you will be really having a hard time. As time progresses, mining is getting harder and harder. If you want to earn bitcoin, invest in some good altcoins, if it has a good price you could trade them to bitcoin but take note, timing is important. If you have the money to start you could invest in bitcoin and just keep on holding.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
When it comes to mining then I don't see for good pc and gadgets would be relevant since you can only mind using up;-GPU
-ASICs
and theres no other machines which are capable on mining efficiently.Mining might or might not be profitable basing of on electricity cost on a certain place
and also this is an expensive venture this is why it isn't really that common for someone to consider out this field.
There are lots of ways on earning profit but people do find the best things that do suit them according to their skills and into their likes.
What are you talking about OP asking for aside from mining what is the best way to earn?
If that so hmm. I think for me one of the best ways to work with bitcoin is trading yes this is hard but for me, this is the easiest to earn because I don't have enough knowledge right now with the use of mining in some cause
The electricity cost is high in my country.
I don't have enough computers for mining.
Does not have a good internet connection too.
Those are the common factors only and also I have some sort of knowledge regarding trading so there is a chance that I can earn more with this also I read a lot of sources and information how to good at trading also I have experienced too.
If that so hmm. I think for me one of the best ways to work with bitcoin is trading yes this is hard but for me, this is the easiest to earn because I don't have enough knowledge right now with the use of mining in some cause
The electricity cost is high in my country.
I don't have enough computers for mining.
Does not have a good internet connection too.
Those are the common factors only and also I have some sort of knowledge regarding trading so there is a chance that I can earn more with this also I read a lot of sources and information how to good at trading also I have experienced too.
Considering all this, which of all the participation do you see as least demanding and easiest?
There's no easiest. Every work needs effort. It's like earning fiat money.
If you have the skills to offer, try to post it on the Service section of the forum. What are these skills? Mainly office-related skills, photoshop, image-related modification, programmer, etc. Or if no demand, offer it outside crypto and accept fiat payments instead.
You can also consider understanding the art of doing trades. It will take time to learn it but if you are serious, shouldn't be that difficult to understand the basics.
The only way to earn bitcoin without risking too much from the examples you stated is bounty hunting. You only risk to waste your time and energy promoting projects that most likely will die before even reaching an exchange.
Regarding mining, it's not as easy as it may sounds. Lately, mining become costly and not that profitable.
You practically will earn ~0$ by mining using a smartphone or even a high spec computer so better forget about this idea.
Trading, in the other hand, can be very profitable if you have the right skills.
Well mate i think time is the most precious thing all above! So yeah i think you need to re-check your logic over there. Better to risk and waste a couple bucks in order to giving a shot , making experiments on some mining rig or join a PoS coins to stake there and see what's the outcome to your portfolio rather than just go full hunting for bounty and then get nothing in return for the possibly worst scenario. I don't know man , everything has a risk so just go with it .Regarding mining, it's not as easy as it may sounds. Lately, mining become costly and not that profitable.
You practically will earn ~0$ by mining using a smartphone or even a high spec computer so better forget about this idea.
Trading, in the other hand, can be very profitable if you have the right skills.
Go for trade, bounty hunting, mining, staking etc just do it all at once.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets.
Mining is not anymore for an everage joe, it has already taken by the big miners as they have good equipment and they can invest on it.We are not in the early stage where a small specs of computer can still mind bitcoin, things has change, this is already the game for the big boys.
On the other hand, if you are thinking of trading, you also need to invest a capital for your regular trade, there's a risk and with lack of knowledge and skills, you will still fall. However, one can learn and improve his skills in trading, so it's always possible to succeed as long as you know and you take the risk.
Considering all this, which of all the participation do you see as least demanding and easiest?
Bounty hunting is the easiest though as you don't risk any bitcoin here, but I don't think it's good idea to focus on it if you want to make a decent amount fo money, probably trading should be the best choice, but it's never easy.
I can be sure that for those who have small capital like mine, mining is not the best choice for making money.
Because there are many costs that must be paid, mining for now is no longer profitable. Therefore there are
so many cloud mining scams right now, my advice is that we better focus on trading, which is clearly more
profitable.
Because there are many costs that must be paid, mining for now is no longer profitable. Therefore there are
so many cloud mining scams right now, my advice is that we better focus on trading, which is clearly more
profitable.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Bounty hunting could have been profitable in 2017, when all the hype around ICO thing. Mining through cellphone? as you have said it's just a waste of time. And you are late if you think you can solo mine. Almost everyone here trades, because that's the where the money is. Of course, you can try staking if you wanted to get yourself into alt markets, but there is a huge risk. So I will prefer trading, at least you have total control, it might take some time for others to learn the tricks and trade, but it's gonna worth it specially if you seen money coming in.
There is an easier way to trade without risk, it is to copy the trades of more experienced traders. Almost any site has a function for your account to fully copy the transactions of any account you choose as a percentage. Here you do not need deep knowledge and you fully trust a professional. But if he loses everything, there will be no one to blame.
Because I have no experience in mining, I will not comment on it. But every way (mining or others), will always have its own positive and negative sides. compare them wisely in order to pick the best one.
About the easy ways to earn profits or BTC, actually, joining a signature with BTC payment is the easiest one. You can earn some BTC from joining the signature campaign. But, the difficulty is when you are building your account rank and when competing with other people to join in that kind of signature campaign. However, do not worry, as long as you have a good contribution always tot his forum, you will get it. Always try the best as we can.
However, if you want to get the exact profits, daily trading is good ideas. You can learn about future trading and other types of trading. This will also give you high profits if you know how to analyze the market.
The conclusion is like what I said before that there are no exact easy ways to do if we still think about "it is difficult. I can't do it easily" and others. but, once we have enjoyed our ways and strategy one earning BTC or profits, you will feel that what you have been doing is actually easy and simple.
About the easy ways to earn profits or BTC, actually, joining a signature with BTC payment is the easiest one. You can earn some BTC from joining the signature campaign. But, the difficulty is when you are building your account rank and when competing with other people to join in that kind of signature campaign. However, do not worry, as long as you have a good contribution always tot his forum, you will get it. Always try the best as we can.
However, if you want to get the exact profits, daily trading is good ideas. You can learn about future trading and other types of trading. This will also give you high profits if you know how to analyze the market.
The conclusion is like what I said before that there are no exact easy ways to do if we still think about "it is difficult. I can't do it easily" and others. but, once we have enjoyed our ways and strategy one earning BTC or profits, you will feel that what you have been doing is actually easy and simple.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Bounty hunting could have been profitable in 2017, when all the hype around ICO thing. Mining through cellphone? as you have said it's just a waste of time. And you are late if you think you can solo mine. Almost everyone here trades, because that's the where the money is. Of course, you can try staking if you wanted to get yourself into alt markets, but there is a huge risk. So I will prefer trading, at least you have total control, it might take some time for others to learn the tricks and trade, but it's gonna worth it specially if you seen money coming in.
The only way to earn bitcoin without risking too much from the examples you stated is bounty hunting. You only risk to waste your time and energy promoting projects that most likely will die before even reaching an exchange.
Regarding mining, it's not as easy as it may sounds. Lately, mining become costly and not that profitable.
You practically will earn ~0$ by mining using a smartphone or even a high spec computer so better forget about this idea.
Trading, in the other hand, can be very profitable if you have the right skills.
Regarding mining, it's not as easy as it may sounds. Lately, mining become costly and not that profitable.
You practically will earn ~0$ by mining using a smartphone or even a high spec computer so better forget about this idea.
Trading, in the other hand, can be very profitable if you have the right skills.
I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
I know a guy who did some Bitcoin mining years ago. Even though he had almost free electricity, he was not really getting any profit at the time of mining (it took about half a year to compensate the sum he paid for the miners, and then the machines slowly started to crash). The miners were significantly loud and required regular oversight. In the end, he mined a significant amount of BTC and could be in massive profit if only he did not sell them all at a low price (this all was before Bitcoin went up to $20k). Bounty hunting seems quite useless to me because most tokens are worthless. Trading is also not for everyone. There was a time when you could buy some top coins really cheap and just wait for a few months to get awesome profit (it did not last long, and it's not the case anymore). Right now, I think there's no easy money, like usual. But an easy and potentially rewarding thing is, as always, to buy Bitcoin and hodl.
Is bounty hunting for Bitcoin even a thing?
Many people are involved in mining, but more in mining altcoins because it's cheaper. Bitcoin mining is viable only in a few locations around the world or with big money invested, like with those people who bought a power plant in the US for the purpose of mining.
Many people are involved in mining, but more in mining altcoins because it's cheaper. Bitcoin mining is viable only in a few locations around the world or with big money invested, like with those people who bought a power plant in the US for the purpose of mining.
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