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Author Topic: i have 1000$ use it in cloud mining or buy mining hardware or other ??  (Read 1355 times)
medhat (OP)
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June 23, 2015, 10:14:39 PM
 #1

i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
Scamc0p
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June 23, 2015, 10:16:11 PM
 #2

There is a way to earn bitcoin without buying hardware.
Will send you information.
Amph
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June 24, 2015, 07:54:52 AM
 #3

better to buy 4 bitcoin with those money and wait for the rise, that it will surely happen before you can even dream of a break even with any mining activity, both cloud or home

if bitcoin die you will lose money in both case(because miners will be worthless in this cas) if not, then will earn a lot in a much less time
avatar_kiyoshi
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June 24, 2015, 08:21:17 AM
 #4

i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 

Buy bitcoin, hold on cold wallet, until for to the moon(long term) or wait until price rise(short term).
Be careful to invest in company or group, they maybe scam.
favdesu
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June 24, 2015, 08:37:26 AM
 #5

don't go with cloud mining, that's like gambling.

* Buy Bitcoin and HODL
* Buy Gold Smiley
* Buy BitShares BitUSD - smartcoin tracking the real USD

subSTRATA
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June 24, 2015, 08:50:07 AM
 #6

id say neither; first off you should do your own research into mining and profitability, and bitcoin in general. avoid cloud mining if you can, most of them are or turn out to be ponzi scams. not all of them though.

theres nothing here. message me if you want to put something here.
betterangels
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June 24, 2015, 11:34:58 AM
 #7

invest in bitcoin, and hodl it for a while.

95% of all "cloud" mining services are "scams/ponzi",
Mining take to much to roi (6 - 7 month).
mattjack
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June 24, 2015, 02:58:07 PM
 #8

Yeah anymore it is better to just buy the coin itself rather than hardware to mine it. Its much faster too
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June 24, 2015, 03:37:25 PM
 #9

buy bitcoin - hold it - sell it, otherwise buy mining hardware and mine altcoin.., Smiley
mine altcoin is better than bitcoin directly because the diff of btc is so high now.. Cheesy

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desired_username
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June 24, 2015, 04:46:02 PM
 #10

Cloudmining should be avoided. It's little to no reward with a great amount of risks involved.

Buying btc always made more sense than any form of mining.
xeryan
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June 24, 2015, 04:49:39 PM
 #11

Buy BTC and keep it in cold storage
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June 24, 2015, 05:39:32 PM
 #12

for now i think you better stay away for cloudmining because mostly cloudmining is only sell a ponzi and will be a scam
like the other i suggest you buy bitcoin and try learn about trading
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June 24, 2015, 07:27:39 PM
 #13

Cloudmining should be avoided. It's little to no reward with a great amount of risks involved.

Buying btc always made more sense than any form of mining.

This is the soundest advice.  Mining has almost always been just another way to buy bitcoins, and it hasn't usually made sense at any one point in time.  What has worked for miners is when the price of bitcoin has gone up.  For example, when bitcoin cost 1 USD, mining it was not cost effective, but since it went up to 1000 USD, everyone who mined back then is rich.  But then, so is everyone who bought btc for 1 USD.  So you are just as well off buying the btc and holding rather than trying to buy mining equipment and mining, unless you just want to.

Agree with most of the others, while not all cloud miners are scams, it is impossible to tell the ones who are legit from the scammers unless you visit them IRL.

Good Luck!
medhat (OP)
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June 24, 2015, 11:08:04 PM
 #14

Many different advices,, but in reality I do not know too much about Bitcoin trading,, everyone advise me to trade and buy Bitcoin, but no one told me how to do it ??

I thank everyone for the assistance and advice,,

But is not there any cloud mining company legit ??
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June 25, 2015, 04:53:19 AM
 #15


genesis-mining is a huge waste of money too. ROI is far away, I'd rather throw my money away to a cloudminier ponzi

BITCOINERSEJATI
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June 25, 2015, 04:56:50 AM
 #16

i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 

My point is Other Smiley
you can grow it in trading, or give a loan to trusted member or to member with collaterla only Smiley

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June 25, 2015, 07:27:04 AM
 #17

Buy btc for that money i invest 1 btc in some alt that you think will be good read little about it this forum. Dont go for cloud mining waste of money and time



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June 25, 2015, 08:08:54 AM
 #18

buy mining hardware, cloud mining not profitable and have risk scam. you can choose what coins have good profit

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June 25, 2015, 08:19:06 AM
 #19

You can invest in a number of HYIPs and increase them much faster.But there exists a very big risk and you can lose everything.
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June 25, 2015, 08:27:30 AM
 #20

i have 1000$ use it in cloud mining or buy mining hardware  or other ??

iam very newbie in bitcoin world ,, but i want enter the best and fast way to earn in bitcoin world

i think i found many of advises from the experience men in this forum 
u can invest on fresh cloudmining with more Proof
I remember my friend invite me to join bitcoincloudservice in last year he but im not interesting and i invest on hashprofit ( rusian cloudmining)
My friend get 3x ROI also he get some btc from referal
and i get only 60% before scam
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