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Joker07 (OP)
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April 15, 2016, 10:40:46 AM |
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hello everybody Peace I am a young man from Algeria study III collectors I've heard of the bitcoins on 2013 And you only deal in investment in website and all of them is scammed  , But since the days a bit I realized that it is possible to produce btc by yourself , I have read several articles Each one what he says And 60 % (percent) say it is dangerous and will miss the owner and no risk . My question??? Does anyone has experience can persuade me , I am interested in this area more than my ?? Our need to you and me your opinions  Thank you please help me
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Joker07 (OP)
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April 15, 2016, 12:59:01 PM |
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merelcoin
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April 15, 2016, 01:01:10 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
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Joker07 (OP)
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April 15, 2016, 02:49:03 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
thank you sir But i don't have a money to invest i will take a loan from bank i want to create a project do you think what ? is that I can have a stable salary without complexation ? sorry and thank you |
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mrcash02
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April 15, 2016, 03:01:34 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
thank you sir But i don't have a money to invest i will take a loan from bank i want to create a project do you think what ? is that I can have a stable salary without complexation ? sorry and thank you I think take a loan for it isn't a good idea, high risk involved. There is many dedicated mining business doing it with powerfull equipments, cheap electricity and frozen temperature to make the productivity in full swing. Some people try mining alt-coins (it's easiest) and they hope the coins price increase in the future. But i don't know if it worth anyway. You can offer your services on forum, maybe you can find something and employers will pay you in BTC. |
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kwaasteniet
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April 15, 2016, 03:14:04 PM |
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Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.
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RodeoX
Legendary
 Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
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April 15, 2016, 03:19:45 PM |
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You really are likely to do best with bitcoin by just buying some. Don't beg for loans, don't waste your time at faucets or signature campaigns. That's my opinion.
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twister
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April 15, 2016, 03:30:19 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
thank you sir But i don't have a money to invest i will take a loan from bank i want to create a project do you think what ? is that I can have a stable salary without complexation ? sorry and thank you You need to read and research more on the subject before making any rash decisions. http://bitcoinpassiveincome.com/is-bitcoin-mining-worth-it/ <- This is worth reading and will give you some idea but there are more resources online which you should read to understand every little aspect of it. Taking a loan to invest on something you don't know much about is just plain risky, so make yourself educated before taking a plunge. |
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Joker07 (OP)
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April 15, 2016, 03:33:45 PM |
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Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.
Hello Mr I understand thanks for your back a question? go how much of $ to have profitable revenue? Thank you thank you very much |
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Joker07 (OP)
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April 15, 2016, 03:43:20 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
thank you sir But i don't have a money to invest i will take a loan from bank i want to create a project do you think what ? is that I can have a stable salary without complexation ? sorry and thank you I think take a loan for it isn't a good idea, high risk involved. There is many dedicated mining business doing it with powerfull equipments, cheap electricity and frozen temperature to make the productivity in full swing. Some people try mining alt-coins (it's easiest) and they hope the coins price increase in the future. But i don't know if it worth anyway. You can offer your services on forum, maybe you can find something and employers will pay you in BTC. Thanks for your opinion , It m helps alot |
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Red-Apple
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April 15, 2016, 03:45:56 PM |
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since you don't have prior experience in this field and your english is not good either i suggest you don't start investing here because according to what you are saying it is not wise to take a loan and invest in something that you don't have enough information about.
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--signature space for rent; sent PM--
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kwaasteniet
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April 15, 2016, 03:47:20 PM |
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Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.
Hello Mr I understand thanks for your back a question? go how much of $ to have profitable revenue? Thank you thank you very much That's difficult to say. The biggest cost of a mining rig is the electricity bill. What is the price/kWh in Algeria? If it's more than $0,10-0,12/kWh you can forget to make some profit. Then it is almost not possible. All Bitcoin mining companies are in countries with low electricity costs like China ($0,06/kWh) |
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Joker07 (OP)
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April 15, 2016, 03:52:05 PM |
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So you're basically asking if you should start mining?
Short answer: no
Long answer: yes, if your electricity rate is really, really, really low AND you have some technical knowledge AND you have some cash to invest AND you like to gamble a little bit.
thank you sir But i don't have a money to invest i will take a loan from bank i want to create a project do you think what ? is that I can have a stable salary without complexation ? sorry and thank you You need to read and research more on the subject before making any rash decisions. http://bitcoinpassiveincome.com/is-bitcoin-mining-worth-it/ <- This is worth reading and will give you some idea but there are more resources online which you should read to understand every little aspect of it. Taking a loan to invest on something you don't know much about is just plain risky, so make yourself educated before taking a plunge. thank you siir I'll think a twice Thankssss |
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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April 15, 2016, 03:58:12 PM |
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It is still not clear, if you want to invest in mining equipment or in any operation that offers 60%+ profit? I would not make a loan to buy anything related to Bitcoin mining at this stage. The Halving is coming up and most small miners will be pushed out of this scene, because the profit margins are getting thinner and will be even smaller after the halving. Do not invest in cloud mining and stay away from Ponzi's and HYIP's. No LOANS please.... not even to buy Bitcoins  |
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Joker07 (OP)
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April 15, 2016, 03:59:26 PM |
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since you don't have prior experience in this field and your english is not good either i suggest you don't start investing here because according to what you are saying it is not wise to take a loan and invest in something that you don't have enough information about.
 Hello thanks, yes I know for my English I'll work it for the btc? I read plenty of article and I still read the problem is that want a person who tell me is what I must do is that it is cost-effective or not Sorry for my English and thanks |
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Joker07 (OP)
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April 15, 2016, 04:06:30 PM |
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It is still not clear, if you want to invest in mining equipment or in any operation that offers 60%+ profit? I would not make a loan to buy anything related to Bitcoin mining at this stage. The Halving is coming up and most small miners will be pushed out of this scene, because the profit margins are getting thinner and will be even smaller after the halving. Do not invest in cloud mining and stay away from Ponzi's and HYIP's. No LOANS please.... not even to buy Bitcoins so happy you'r a great men Thank you for your back She and convincing, and I am convinced gods keep you Thank you Mr |
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Mastsetad
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April 15, 2016, 04:23:32 PM |
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hello everybody Peace I am a young man from Algeria study III collectors I've heard of the bitcoins on 2013 And you only deal in investment in website and all of them is scammed , But since the days a bit I realized that it is possible to produce btc by yourself , I have read several articles Each one what he says And 60 % (percent) say it is dangerous and will miss the owner and no risk . My question??? Does anyone has experience can persuade me , I am interested in this area more than my ?? Our need to you and me your opinions Thank you please help me
I really can't understand if what you are trying to say. But i can guess that you are asking for somewhere to invest maybe!? As you are new to bitcoin i would say you should not be in hurry, as you said that you read a lot of articles, so just keep doing that until you don't get enough knowledge about it. When you are done with that, you will be able to find the best ways for investment yourself. |
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Joker07 (OP)
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April 15, 2016, 04:26:09 PM |
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Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.
Hello Mr I understand thanks for your back a question? go how much of $ to have profitable revenue? Thank you thank you very much That's difficult to say. The biggest cost of a mining rig is the electricity bill. What is the price/kWh in Algeria? If it's more than $0,10-0,12/kWh you can forget to make some profit. Then it is almost not possible. All Bitcoin mining companies are in countries with low electricity costs like China ($0,06/kWh) electricity costs in algeria ($0,04/kWh) what do you think sir ? |
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Joker07 (OP)
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April 15, 2016, 04:41:14 PM |
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hello everybody Peace I am a young man from Algeria study III collectors I've heard of the bitcoins on 2013 And you only deal in investment in website and all of them is scammed , But since the days a bit I realized that it is possible to produce btc by yourself , I have read several articles Each one what he says And 60 % (percent) say it is dangerous and will miss the owner and no risk . My question??? Does anyone has experience can persuade me , I am interested in this area more than my ?? Our need to you and me your opinions Thank you please help me
I really can't understand if what you are trying to say. But i can guess that you are asking for somewhere to invest maybe!? As you are new to bitcoin i would say you should not be in hurry, as you said that you read a lot of articles, so just keep doing that until you don't get enough knowledge about it. When you are done with that, you will be able to find the best ways for investment yourself. Hiii mR Thank you for your back I want to become a miner,? and I know not how do I read articles on the internet may y' has too much notice I'm lost I want a help thats all Thank you |
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romero121
Legendary
Offline
Activity: 3178
Merit: 1213
Enterapp Pre-Sale Live
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April 15, 2016, 04:52:30 PM |
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Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.
As suggested don't start mining by getting loans, it might lead to stop in a short term. Try with the minimal amount you have because if you find it profitable you can continue else can move on for the other methods of earning. |
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