Cloudmining VS Investments(trading)

[Herbert2020]

today i got very confused and irritaded with some questions...like what will be better or we should say which is more risky..i check today some of the cloudmining sites and bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..
  but i am not confused because when i checked the mining calculaters then the  true faces are shown to me..
 at First the shock i got is from the bit-x site..

Code:

when i opened the calculator..so it was showing 100ghash as default..i changed it with 35ghash and so i hit the calculate buttion but then i found that i will earn..about 13000-15000satoshi every day but then i thought about the mantainence fees and got that it was higher than my daily earning....so that clearly means it only accept the higher investments

after that i thought that maybe if i can avoid the mantainence fee then maybe i can make profit..
so then i visited scrypt.cc (its a less scured and less trustul with deposits as because it is usually getting hacked..)

Code:

i deposited 0.052btc and bought some khash...i got about 13020khash .so i went to calculator..and typed and increased the khash amount until i reached 1btc then i saw that its paying 0.007btc if i buy 1btc worth of khash...that means 0.7% everyday

and so on i tryed the other site too...
now after all lot of things like this i am thinking why we invest in cloudmining when we can trade and can make more than 1% daily and that is much safer from these things at least we will have control on owr coins

sadly this is true. because of the high difficulty plus the maintenance fee that you have to pay in the end there is not much profit left for you to make it a reliable investment.

but investing in a cloudmining service has one benefit, and that is if the service is legit it gives you a sure passive income while you can lose money in trading.

[BitcoinNewsMagazine]

The money is there to be made in trading GH/s and the best place to do it is Hashnest. You need to choose the most profitable contract and learn how to properly enter and exit trades. Once you have a position open the money you are earning from mining income is a bonus.

[Amph]

I think I prefer to cloudminning,
because we just sit back, relax, and we get paid
but most cloudminning is a con, no real mining them,
then we must carefully choose cloudminning

if you have a bot that do everything for you, and work good if your trading startegy is good, you can sit and relax in trading as well

very few people ar enot usign bot nowadays for trading, profit are also better

[lahm-44]

I think I prefer to cloudminning,
because we just sit back, relax, and we get paid
but most cloudminning is a con, no real mining them,
then we must carefully choose cloudminning

if you have a bot that do everything for you, and work good if your trading startegy is good, you can sit and relax in trading as well

very few people ar enot usign bot nowadays for trading, profit are also better

well I will definatly give a 1+ to this bot concept as it can really bring a revolution to all kind of systems..but the bots are generally. have only one problems that if a bot hit by a milestone then it crashes ower all the balance in it and we face 100% loss..so practically we can say (when using bot) it can bring the same risk in trading  , which we are getting in gambling..sorry for my bad english

[pooya87]

today i got very confused and irritaded with some questions...like what will be better or we should say which is more risky..i check today some of the cloudmining sites and bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..
  but i am not confused because when i checked the mining calculaters then the  true faces are shown to me..
 at First the shock i got is from the bit-x site..

Code:

when i opened the calculator..so it was showing 100ghash as default..i changed it with 35ghash and so i hit the calculate buttion but then i found that i will earn..about 13000-15000satoshi every day but then i thought about the mantainence fees and got that it was higher than my daily earning....so that clearly means it only accept the higher investments

after that i thought that maybe if i can avoid the mantainence fee then maybe i can make profit..
so then i visited scrypt.cc (its a less scured and less trustul with deposits as because it is usually getting hacked..)

Code:

i deposited 0.052btc and bought some khash...i got about 13020khash .so i went to calculator..and typed and increased the khash amount until i reached 1btc then i saw that its paying 0.007btc if i buy 1btc worth of khash...that means 0.7% everyday

and so on i tryed the other site too...
now after all lot of things like this i am thinking why we invest in cloudmining when we can trade and can make more than 1% daily and that is much safer from these things at least we will have control on owr coins

very nice job of explaining with including numbers.

i try to compare cloudmining with altcoin trading (investment) with pros and cons from my own experience to add to what you say

1. cloudmining.
pros:

• you don't need any skills to earn from cloudmining
• you don't need to spend any time at all to earn money, you can sit back and everyday get back your profit from investment
• the risk is minimal (granted the service is legit)

cons:

• a legitimate non ponzi cloudmining service is hard to come by
• the profit is very small
• you are trusting another person / company with your money

2. trading
pros:

• you can earn a lot of money by trading, in altcoin market there are 2x-3x returns common every day
• you don't have to trust anybody else with your money and it is in your control
• as long as you use strong password plus 2FA on your exchanger and they don't get (allegedly ) hacked your money is safe

cons:

• it is hard! and needs experience
• you cannot just sit back and earn profit, you have to do a lot of work for it
• it has very high risk
• the last pros(?) can be a con too, you are putting your bitcoin on another person's hands after all

[ajun96]

I think I prefer to cloudminning,
because we just sit back, relax, and we get paid
but most cloudminning is a con, no real mining them,
then we must carefully choose cloudminning

if you have a bot that do everything for you, and work good if your trading startegy is good, you can sit and relax in trading as well

very few people ar enot usign bot nowadays for trading, profit are also better

well I will definatly give a 1+ to this bot concept as it can really bring a revolution to all kind of systems..but the bots are generally. have only one problems that if a bot hit by a milestone then it crashes ower all the balance in it and we face 100% loss..so practically we can say (when using bot) it can bring the same risk in trading  , which we are getting in gambling..sorry for my bad english

hahaha, it's a bad idea, but trading is not always what you expect, coin prices are very volatile, if the wrong settings only regulate bot, you will be losers, you cannot just sit back and earn profit, you have to do a lot of work for it
My recommendation to the manual trading, hehe

[Pursuer]

I think I prefer to cloudminning,
because we just sit back, relax, and we get paid
but most cloudminning is a con, no real mining them,
then we must carefully choose cloudminning

if you have a bot that do everything for you, and work good if your trading startegy is good, you can sit and relax in trading as well

very few people ar enot usign bot nowadays for trading, profit are also better

well I will definatly give a 1+ to this bot concept as it can really bring a revolution to all kind of systems..but the bots are generally. have only one problems that if a bot hit by a milestone then it crashes ower all the balance in it and we face 100% loss..so practically we can say (when using bot) it can bring the same risk in trading  , which we are getting in gambling..sorry for my bad english

hahaha, it's a bad idea, but trading is not always what you expect, coin prices are very volatile, if the wrong settings only regulate bot, you will be losers, you cannot just sit back and earn profit, you have to do a lot of work for it
My recommendation to the manual trading, hehe

why manual? if you can make a decent bot to trade for you it is not only faster but also can prevent you from sustaining huge losses by putting stops in your trades at specific prices.
this is what you can not do when you are trading manually!

[LiteCoinGuy]

in the end every cloundmining service will say:

"Ohh no, we were hacked! We will try to cover the loses but in the meantime we have to shut down"

[lahm-44]

in the end every cloundmining service will say:

"Ohh no, we were hacked! We will try to cover the loses but in the meantime we have to shut down"

Yeah you right, if there cloudmining now that they pay only a matter of time until they do not pay more for that reason. 

So I think is better trading because you control your coin and if lose it is not taken away people. 

well in this sense all the cloudmining sites are a ponzi..wether they pay or not..and in trading we always have risk..and honestly I am very bad at trading..because that needs a lot of patence.

[knowhow]

well cloudminings arent profitable for anyone ,if you try  to trade with the same ammount you were willing to invest your returns would be faster and better ,doesnt need skills just buy a coin and wait it raise ,if you invest on cloud it will take over 1 year to roi soo for sure stay out of cloudminings

[ajun96]

I think I prefer to cloudminning,
because we just sit back, relax, and we get paid
but most cloudminning is a con, no real mining them,
then we must carefully choose cloudminning

if you have a bot that do everything for you, and work good if your trading startegy is good, you can sit and relax in trading as well

very few people ar enot usign bot nowadays for trading, profit are also better

well I will definatly give a 1+ to this bot concept as it can really bring a revolution to all kind of systems..but the bots are generally. have only one problems that if a bot hit by a milestone then it crashes ower all the balance in it and we face 100% loss..so practically we can say (when using bot) it can bring the same risk in trading  , which we are getting in gambling..sorry for my bad english

hahaha, it's a bad idea, but trading is not always what you expect, coin prices are very volatile, if the wrong settings only regulate bot, you will be losers, you cannot just sit back and earn profit, you have to do a lot of work for it
My recommendation to the manual trading, hehe

why manual? if you can make a decent bot to trade for you it is not only faster but also can prevent you from sustaining huge losses by putting stops in your trades at specific prices.
this is what you can not do when you are trading manually!

any way either the manual or bot, has its drawbacks and advantages of each bro,
stay we choose the most profitable, only that

I ask whether you were trading with a bot?

[peligro]

we all know for a fact mining is not profitable why are this mining companies still around, how are they still making profit and why are people putting money into this.

It's because there are always noobs that don't know about the difficulty. These noobs buy highly expensive miners or bitcoins on ebay too. They see how much they can earn with mining in the next week on actual difficulty and often think that will proceed the way in the future. Then they buy contracts and learn eventually that their real profit will be way less than their investment, most of the time.

[anderson00673]

we all know for a fact mining is not profitable why are this mining companies still around, how are they still making profit and why are people putting money into this.

It's because there are always noobs that don't know about the difficulty. These noobs buy highly expensive miners or bitcoins on ebay too. They see how much they can earn with mining in the next week on actual difficulty and often think that will proceed the way in the future. Then they buy contracts and learn eventually that their real profit will be way less than their investment, most of the time.

Huh, thats funny.  I have been making about 10% a month on hashnest.  I better call them up and tell them to stop paying me.

It is true that most mining companies are not legit, but to say that cloud mining is a waste, I think that is just silly.  It IS possible, you just have to find one that makes sense.  Bitmain likes to sell hardware, so it makes sense that they would try to increase their sales by housing the equipment for you.  And if you buy an s5, they will house the hash and send you the machine when you want it.  How is that a scam?  How am I losing money?  How are they a ponzi?  Blanket statements are silly.

[knowhow]

we all know for a fact mining is not profitable why are this mining companies still around, how are they still making profit and why are people putting money into this.

It's because there are always noobs that don't know about the difficulty. These noobs buy highly expensive miners or bitcoins on ebay too. They see how much they can earn with mining in the next week on actual difficulty and often think that will proceed the way in the future. Then they buy contracts and learn eventually that their real profit will be way less than their investment, most of the time.

Huh, thats funny.  I have been making about 10% a month on hashnest.  I better call them up and tell them to stop paying me.

It is true that most mining companies are not legit, but to say that cloud mining is a waste, I think that is just silly.  It IS possible, you just have to find one that makes sense.  Bitmain likes to sell hardware, so it makes sense that they would try to increase their sales by housing the equipment for you.  And if you buy an s5, they will house the hash and send you the machine when you want it.  How is that a scam?  How am I losing money?  How are they a ponzi?  Blanket statements are silly.

you can be sure those company can be mining but main return there should be trading crypto otherwise they wont be able to keep paying 10% montly ,and most new companies pay well on begining then start reduce and raising the fee,soo they will say the difficult and the energy costs must be readjusted ,anyway if you invest 10 btc in a cloud like you example you will get 1 btc montly means 10 months to ROI invest 1 btc of those into altcoins will make 10 % in a month and will keep with 9 bitcoins lol.

[peligro]

we all know for a fact mining is not profitable why are this mining companies still around, how are they still making profit and why are people putting money into this.

It's because there are always noobs that don't know about the difficulty. These noobs buy highly expensive miners or bitcoins on ebay too. They see how much they can earn with mining in the next week on actual difficulty and often think that will proceed the way in the future. Then they buy contracts and learn eventually that their real profit will be way less than their investment, most of the time.

Huh, thats funny.  I have been making about 10% a month on hashnest.  I better call them up and tell them to stop paying me.

It is true that most mining companies are not legit, but to say that cloud mining is a waste, I think that is just silly.  It IS possible, you just have to find one that makes sense.  Bitmain likes to sell hardware, so it makes sense that they would try to increase their sales by housing the equipment for you.  And if you buy an s5, they will house the hash and send you the machine when you want it.  How is that a scam?  How am I losing money?  How are they a ponzi?  Blanket statements are silly.

you can be sure those company can be mining but main return there should be trading crypto otherwise they wont be able to keep paying 10% montly ,and most new companies pay well on begining then start reduce and raising the fee,soo they will say the difficult and the energy costs must be readjusted ,anyway if you invest 10 btc in a cloud like you example you will get 1 btc montly means 10 months to ROI invest 1 btc of those into altcoins will make 10 % in a month and will keep with 9 bitcoins lol.

He most probably didn't get that profit from mining on hashnest alone. He most probably did trade his contracts and earn from that. That he makes that profit constantly seems to show that since the difficulty would make it impossible to make a 10% monthly profit over time.

[BitcoinNewsMagazine]

UMISOO contracts are the most profitable to own right now if you just want passive income at Hashnest. There is also good money to be made day trading UMISOO contracts. If you have a contract open at 0400 GMT you also get the bonus of a day's mining income, since UMISOO is PPS and pays out once per day.

[mookid]

The 14% annual return seems so low...

[BitcoinNewsMagazine]

The 14% annual return seems so low...

You mean PACMiC v2? Everyone knows PACMiC is a poor investment, no big secret. I make 25% annual on my idle bitcoin using swaps at Bitfinex. It is a no brainer making 14% per month day trading contracts at Hashnest. Not rocket science.

[giustone]

Trading is a good choice than cloudmining

[lahm-44]

Trading is a good choice than cloudmining

what if I open's a site(not a ponzi) with investment fecility and I am trading invested coins at my personal risk(so if I had loss then I have to pay from my own balance) so by this anyone can pay 1% easily but can profit way much higher..isn't it?