Which is profitable, Dice Site Investment Vs Cloud Mining?

[dothebeats]

Cloud mining is not profitable at all,so I'd say dice investment,but it's not a totally secure investment because you may finish losing too,but if you have luck you will win

Well a 100% secured investment doesn't exist in this world anyway. Also, the higher the return, the higher the risks will be. It is still up to the investor how will he/she minimize the possible risks he/she might encounter along the way and use his/her investments properly and cleverly. In investing in the crypto world, timing is a big factor because if you got a bit late, chances are you'll end up burning your investments almost instantly instead of using those for some profit.

[marcotheminer]

hey guys i was planning to invest my BTC
but what is more profitable among those two?

Dice Site or Cloud Mining

Cloud Mining is never profitable - if they could make more mining than renting, why would they bother renting?

If you play a dice site long enough, you will eventually lose all your coin.

Your choice.   

Renting offers an immediate return on investment and you earn from fees, that's the reason why people rent Ghs.

[sherbyspark]

I would suggest staying away from gambling site investing , The past has shown that they are more riskier than any form of investing specially because you are essentially trusting your coins with an anonymous third party. Just for the 1% you will have to risk it all and might not even get anything back.

The same thing as investing in a cloudmining and the risk are greater there where you have to wake up sometimes just to see that your payment is not arrived yet. It is not risking all to get 1 %. 1 % is the minimum that you will get since that is what house edge is for and ofcourse most sites get more than it

Consider the fact of a famous casino I know. It has had around 10K wagered in the past 2-3 months or maybe more. And mathematically there are supposed to make 100 BTC in that time, and they did make around 150ish.

Now even though they did make money, but imagine the risk you are taking by letting your money stay there. There has only been Justdice till now, which has ended well for investors. All the others, I believe will not stay for long and mostly haven't done so. Its the same case for cloudmining. So I would just suggest staying out of both.

[pooya87]

hey guys i was planning to invest my BTC
but what is more profitable among those two?

Dice Site BANKROLL or Cloud Mining

i would say investing in gambling, or better said spending money on gambling. because investing on cloudmining was never profitable and even reaching ROI in a pain in the ass.
by gambling at least you have fun with a "chance" of winning!

[Slark]

hey guys i was planning to invest my BTC
but what is more profitable among those two?

Dice Site BANKROLL or Cloud Mining

i would say investing in gambling, or better said spending money on gambling. because investing on cloudmining was never profitable and even reaching ROI in a pain in the ass.
by gambling at least you have fun with a "chance" of winning!

Gambling is not investment, you are mixing things up. If you want to invest money you are not gamble with it - it is contradiction per se. Cloud mining is closer to traditional investing but recently it is not extra profitable method of allocating your money. If you really wan to invest best call is to trade cryptocurrency, arbitrage or speculation is the name of the game if you really want to 'invest'.

[Lorenzo]

I would say that both options have a negative expected return on investment when the risk of the provider collapsing is taken into account. Someone who invested in 2014 into a mix of dice sites and cloud mining providers would most likely have lost most or all of their money by now unless they happened to be very lucky. The biggest dice sites which accepted investments back then were Dicebitco.in and Dice.ninja. Both ended up losing a lot of their investors' funds. The most popular cloud mining sites back then (e.g. PBMining, Lunamine, etc.) also ended up collapsing and losing their investors' funds. The few which didn't end up being scams, such as CEX.IO never made a profit for their investors' anyway.

I have a few CLAMs invested in Just-Dice right now. As far as dice sites that accept investments go, Just-Dice is probably the only trustworthy one out there. There are a couple of trustworthy cloud mining services out there too, but virtually all of them aren't profitable if difficulty increases are taken into account. The recent collapse of AMHash also proves that even the most trustworthy providers can end up collapsing too.

[frankenmint]

hey guys i was planning to invest my BTC
but what is more profitable among those two?

Dice Site BANKROLL or Cloud Mining

In term of more profitable then Cloud mining is more profitable since it gives better return on your investment and also in shorter time but it is very risky as most cloudmining does not hold for 1 year . Most cloudmining will just steal the investor's fund since most are based on pyramids scheme. Your best choice would be to invest in dice sites since house always will be profitable because that it has the house edge

have you tried investing on dice site bankroll? i just tried it once for 3 days and i keep loosing money

Well There's your answer right there - stop gambling.  Its like you literally are pledging your money to act as the house and if the house wins, you win a little bit not all of it, if you lose, you lose all of it.  I haven't tried bankrolling so please correct me if you get to keep the entire rake and not just the rake minus a 'house fee'

Working = trading time and skill in exchange for compensation is ALWAYS the best investment.  Use Bitwage to convert it into btc or just go the normal route and trade out your earnings to btc using something like coinbase, kraken, or circle.  What you're trying to do, is something that people will brag about all day, just to get their blog traffic higher so they can earn ad-revenue.