1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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February 24, 2017, 10:58:11 AM |
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many people say that mining is no longer profitable. but I think it will profit. but it takes a long time. because when ROI is also getting old. but the future of these investments may not be good enough
If you buy yourself an antminer s9, 14TH/s priced at $2100 (which happens to be sold out right now), then you'll be able to generate around $9.40 per day, which after all costs you probably end up having a net profit of $3-$4. At current difficulty and exchange rate you'll be able to generate about $90-$110 in profits per month. But it's no secret that the difficulty has only been going up, which will result in your rewards getting lower and lower after each difficulty adjustment. Then you also depend on the price to remain it's position at current levels. I must also note that there is no power supply included when buying an s9. It will probably add another +$100 to your initital investment into this piece of hardware.
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lol3c
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February 24, 2017, 11:15:40 PM |
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how about invest at bitcoin hardware or maybe invest at gpu mining? i think its a good idea
Invest at GPU Mining is best solution for long term investment, Yeah that's a good Investment but we're must have a large capital. that is correct. Mining is very profitable if you know which coin need to be mined. in my country, people normally mine ethereum and monero. They take us only 10 months to return the capital. And before starting your mining system, you should learn some basic skills about mining and computer as well as cryptocurrency. They may help you a lot in setup your own mining farm. Stay away from cloud mining. Most of them are scammers and you can not determine which is legit and which is run by scammers
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Doamader
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February 25, 2017, 01:34:15 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
You should try hashnest.com. Many users are making profit. Can you tell me who are all making profit from cloud mining, dont ever invest in cloud mining, cloud mining is a purely scam and even if they are genuine , your ROI will be never achieved as they will put all expenses on your account that you wont get profit or atleast invested bitcoin to return. Keeping Bitcoin in the wallet itself is a big investment as buying bitcoin is a investment as you can see recent price of bitcoin is a proof of it. Its funny the advice being hashnet knowing the hash price has dropped 400-2000 satoshis this week, knowing the price went up and now usually the price raises when bitcoin price up, but at this moment the hash has dropped, making no sense at all. Clound companies arent the best way to invest your money, since looks like they push the market price down to make you have to wait a bit longer to roi. Casinos bankroll are the best option results with a bit risk, i would try trading or build some bitcoin project related.
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Bitcoin0916
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February 25, 2017, 01:54:39 AM |
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There are few investment opportunities here, the profit however is not guaranteed. One of them is stocks in websites and bitcoin projects, Currently can be found on havelock, The issue is that most of them do not give out profit anymore. Another investment is participating in a gambling website's bankroll. The issue is the risk, as even with the house edge there is a decent losing chance if a big gambler makes profit in the site.
I think gambling is a bad choice for investment. do not hang our fate and our money only on luck, we are intelligent beings. better we use our minds to analyze and take into account a situation to earn an income. one of the best investments bitcoin is trading. Now price is quite high, so gambling is not the right choice as most of the time people ends in a loss. Right now its good to sell and make the profit out of it with the variations. Even if the price becomes stable for a short and gives a small increase, sure it gives small earning if done continuously. gambling just for fun when you're tired of doing the job. it's a little give pleasure even if you lose though. but do not make gambling as your main job. there are many more methods guarantee a profit as trading I was also so, I always make the gambling as a means of fun when there is no activity. I think, the best way to invest bitcoin is to buy the new coins when ICO. I've proven a few times and the result could benefit up to 300% after coins exist in the exchanger.
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tabas
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February 25, 2017, 02:07:20 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
You should try hashnest.com. Many users are making profit. many people say that mining is no longer profitable. but I think it will profit. but it takes a long time. because when ROI is also getting old. but the future of these investments may not be good enough Those people saying that mining is no longer profitable are saying the sad truth. And if you think that mining is still profitable, it is just applicable if you got plenty of mining hardware in your home or you do have a mining farm. But if not, you are just wasting your time on it, because you are just mining for the benefit of your expenses.
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puremage111
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February 25, 2017, 02:08:45 AM |
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Right now holding BTC is a good idea as previously i would prefer to hold in other form of cryptos.
Not saying that holding other cryptos is not good but if you are looking for safe and consistent gain over long time, holding BTC is actually a good strategy.
The first time when i first touch BTC the price is at the mark of $300-400. Over 2-3 year, it is now consistently traded around $1100 +-
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TheUltraElite
Legendary
Offline
Activity: 3066
Merit: 1330
Going to reach LEET merits soon!
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February 25, 2017, 07:57:05 AM |
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Right now holding BTC is a good idea as previously i would prefer to hold in other form of cryptos.
Not saying that holding other cryptos is not good but if you are looking for safe and consistent gain over long time, holding BTC is actually a good strategy.
The first time when i first touch BTC the price is at the mark of $300-400. Over 2-3 year, it is now consistently traded around $1100 +-
Currently I am also holding bitcoin. Earning more to increase my stash and then trading to grow it even more. I am selling it but though at a slow rate to gain profits and get back into the business. Prices are rising more and more so I dont want to buy at this time. Considering the past market trends I think prices will rise more so we can sell, if the prices fall then we can buy more again.
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daringdiscovered
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February 25, 2017, 10:13:40 AM |
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There are few investment opportunities here, the profit however is not guaranteed. One of them is stocks in websites and bitcoin projects, Currently can be found on havelock, The issue is that most of them do not give out profit anymore. Another investment is participating in a gambling website's bankroll. The issue is the risk, as even with the house edge there is a decent losing chance if a big gambler makes profit in the site.
I think gambling is a bad choice for investment. do not hang our fate and our money only on luck, we are intelligent beings. better we use our minds to analyze and take into account a situation to earn an income. one of the best investments bitcoin is trading. Now price is quite high, so gambling is not the right choice as most of the time people ends in a loss. Right now its good to sell and make the profit out of it with the variations. Even if the price becomes stable for a short and gives a small increase, sure it gives small earning if done continuously. gambling just for fun when you're tired of doing the job. it's a little give pleasure even if you lose though. but do not make gambling as your main job. there are many more methods guarantee a profit as trading I was also so, I always make the gambling as a means of fun when there is no activity. I think, the best way to invest bitcoin is to buy the new coins when ICO. I've proven a few times and the result could benefit up to 300% after coins exist in the exchanger. Not all icos' are good and profitable enough to invest your money to it. In my past ico experiences i choose ico who has some good and transparent devs. Lots of community support and have some real plans for their project. One of the most successful icos i joined was the iconomi project that it raised for almost $10m i'f i am right. Right now i'm still just holding some of it and do some short trades of it when i have time.
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MWesterweele
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February 25, 2017, 04:12:16 PM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
There are some reliable site there that we could invest our bitcoin, but before you invest it's better to make sure that this site will never take home your coins either scam it. bitcoin has a very good value now so take care of your coins. you may also withdraw it from your wallet and invest it in real bank,it will get a little interest but it is safe from bankcrupt
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MoneyIsDebt
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February 25, 2017, 04:32:18 PM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet and it will you profit after some times.
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poetra2501
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February 25, 2017, 04:36:26 PM |
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Right now holding BTC is a good idea as previously i would prefer to hold in other form of cryptos.
Not saying that holding other cryptos is not good but if you are looking for safe and consistent gain over long time, holding BTC is actually a good strategy.
The first time when i first touch BTC the price is at the mark of $300-400. Over 2-3 year, it is now consistently traded around $1100 +-
Currently I am also holding bitcoin. Earning more to increase my stash and then trading to grow it even more. I am selling it but though at a slow rate to gain profits and get back into the business. Prices are rising more and more so I dont want to buy at this time. Considering the past market trends I think prices will rise more so we can sell, if the prices fall then we can buy more again. In my opinion, If now I have some Bitcoin, I will buying some Altcoin like ICN, XMR or other crypto which profitable. We know that, if the price of Bitcoin is going rise more, altcoin is down (this best moment to buy some altocin like ICN or oher). Then if the price Bitcoin is down or stable again, surely altcoin is rising and this great moment to sell back and get Bitcoin again with profite. So, I'm will invest my BTC in altcoin profitable like ICN.
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bitcoinmasterlord
Legendary
Offline
Activity: 1148
Merit: 1006
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February 25, 2017, 05:29:34 PM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet, and it will you profit after sometimes. Now the price is increasing it ok but what about if the price goes down suddenly? There is no meaning to hold our coin in our wallet am I right? So instead of simply keeping your coins in your wallet do any business with that money and increase your coins, you can even make more profit.
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bitbob82
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February 25, 2017, 06:23:42 PM |
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Right now holding BTC is a good idea as previously i would prefer to hold in other form of cryptos.
Not saying that holding other cryptos is not good but if you are looking for safe and consistent gain over long time, holding BTC is actually a good strategy.
The first time when i first touch BTC the price is at the mark of $300-400. Over 2-3 year, it is now consistently traded around $1100 +-
Currently I am also holding bitcoin. Earning more to increase my stash and then trading to grow it even more. I am selling it but though at a slow rate to gain profits and get back into the business. Prices are rising more and more so I dont want to buy at this time. Considering the past market trends I think prices will rise more so we can sell, if the prices fall then we can buy more again. In my opinion, If now I have some Bitcoin, I will buying some Altcoin like ICN, XMR or other crypto which profitable. We know that, if the price of Bitcoin is going rise more, altcoin is down (this best moment to buy some altocin like ICN or oher). Then if the price Bitcoin is down or stable again, surely altcoin is rising and this great moment to sell back and get Bitcoin again with profite. So, I'm will invest my BTC in altcoin profitable like ICN. and my opinion is that the price of bitcoin is increasing continuously therefore i think we do not need for investing bitcoin anywhere. i think only holding bitcoin for a long time can also give us a good profit therefore there is no need to invest bitcoin anywhere.
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Holly-Dolly
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February 25, 2017, 08:25:13 PM |
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Right now holding BTC is a good idea as previously i would prefer to hold in other form of cryptos.
Not saying that holding other cryptos is not good but if you are looking for safe and consistent gain over long time, holding BTC is actually a good strategy.
The first time when i first touch BTC the price is at the mark of $300-400. Over 2-3 year, it is now consistently traded around $1100 +-
Currently I am also holding bitcoin. Earning more to increase my stash and then trading to grow it even more. I am selling it but though at a slow rate to gain profits and get back into the business. Prices are rising more and more so I dont want to buy at this time. Considering the past market trends I think prices will rise more so we can sell, if the prices fall then we can buy more again. In my opinion, If now I have some Bitcoin, I will buying some Altcoin like ICN, XMR or other crypto which profitable. We know that, if the price of Bitcoin is going rise more, altcoin is down (this best moment to buy some altocin like ICN or oher). Then if the price Bitcoin is down or stable again, surely altcoin is rising and this great moment to sell back and get Bitcoin again with profite. So, I'm will invest my BTC in altcoin profitable like ICN. and my opinion is that the price of bitcoin is increasing continuously therefore i think we do not need for investing bitcoin anywhere. i think only holding bitcoin for a long time can also give us a good profit therefore there is no need to invest bitcoin anywhere. When the price rises, the bitcoin buy too late. Of course, if there are sufficient funds, you can invest in and bitcoin. Price btc still expected to ten times more than now.
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Orion25
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February 25, 2017, 08:49:24 PM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet, and it will you profit after sometimes. Now the price is increasing it ok but what about if the price goes down suddenly? There is no meaning to hold our coin in our wallet am I right? So instead of simply keeping your coins in your wallet do any business with that money and increase your coins, you can even make more profit. By all the laws of finance, money should not be dead. They have to work and make a profit. Therefore, bitcoin is better to invest, but what is a very difficult question and the answer is very difficult to obtain, because there are many traps on the network.
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farl2web
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February 25, 2017, 09:06:22 PM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet and it will you profit after some times. This wallet if there are a sufficient number of bitcoin, which after years of expectations will turn you into a wealthy man. And if they are few, it is necessary to do everything to increase the number of bitcoin. And that means one investment.
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klf
Legendary
Offline
Activity: 1344
Merit: 1000
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February 26, 2017, 01:40:52 AM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet and it will you profit after some times. This wallet if there are a sufficient number of bitcoin, which after years of expectations will turn you into a wealthy man. And if they are few, it is necessary to do everything to increase the number of bitcoin. And that means one investment. In investments will give any guaranty that it will increase forever. Because if any bad news comes out against bitcoins or if some other new system which is better than bitcoins then bitcoin demand will go down and prices may come down. So one should always find ways to grow their money in different ways to avoid any issues in the future. Also don't don't keep all your money in only one or two products.
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Wintersoldier
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February 26, 2017, 03:03:21 AM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet and it will you profit after some times. This wallet if there are a sufficient number of bitcoin, which after years of expectations will turn you into a wealthy man. And if they are few, it is necessary to do everything to increase the number of bitcoin. And that means one investment. In investments will give any guaranty that it will increase forever. Because if any bad news comes out against bitcoins or if some other new system which is better than bitcoins then bitcoin demand will go down and prices may come down. So one should always find ways to grow their money in different ways to avoid any issues in the future. Also don't don't keep all your money in only one or two products. In investment, there is no guaranty that wour money would grow. In investing, you may lose money of the market of your investment goes down, that's disappointing. Part of it, some investment program tend to scam its investors, thou must keep away from that. If you're affraid that bitcoin would go down, then convert it into foat money, don't force or look any other investment just to save your money from dumping. Investment should be doubted often times.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1060
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February 26, 2017, 05:55:48 AM |
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If you study the current prices critically then you should keep your BTC and don't invest in any thing else because you stand a chance in profiting from investing in so why take it out and invest somewhere else. There are good times ahead people. Cheers!
yeah i think you are right as current price is keeps on increasing day by it doesn't needs any investment. you just have to keeps it in your wallet and it will you profit after some times. This wallet if there are a sufficient number of bitcoin, which after years of expectations will turn you into a wealthy man. And if they are few, it is necessary to do everything to increase the number of bitcoin. And that means one investment. In investments will give any guaranty that it will increase forever. Because if any bad news comes out against bitcoins or if some other new system which is better than bitcoins then bitcoin demand will go down and prices may come down. So one should always find ways to grow their money in different ways to avoid any issues in the future. Also don't don't keep all your money in only one or two products. [1]In investment, there is no guaranty that wour money would grow. In investing, you may lose money of the market of your investment goes down, that's disappointing. Part of it, some investment program tend to scam its investors, thou must keep away from that. If you're affraid that bitcoin would go down, [2]then convert it into foat money, don't force or look any other investment just to save your money from dumping. [3]Investment should be doubted often times. [1] That's why fake investment sites say that you are guaranteed to grow your money. You simply have to invest and then wait for months and Voila! profit $$$. It's a good advertising strategy but investments that use this for advertising is obviously a scam. There are also fake investment sites that say "Invest only what you can afford." because they know that they are eventually going to run away. [2] Why, though? The price of bitcoin will pick up eventually. It goes down, of course. But it will recover in no time. Converting in fiat just because you're scared that bitcoin will go down is such a pussy move. Only convert your bitcoins to fiat if you need fiat. [3] Depends on what type of investment you're doing. If you're investing in trading, then doubting investment would mean that you're questioning your trading skill. On the other hand, investing on some investment site should not only be doubted often but should be avoided at any cost.
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avikz
Legendary
Offline
Activity: 3276
Merit: 1531
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February 26, 2017, 07:25:45 AM |
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There is no safe place to invest bitcoin to earn interest income on it. Not as of now. Cloud mining websites are basically ponzi schemes but due to the low payout, they stay in the market little longer than conventional ponzi schemes.
With my few years of experience, I can say Trading is the only safe place to earn income on bitcoin. You need to start with little initially just to learn and once you get the hang of it, increase the initial amount and you will see how money is rolling in to your account. Also for your losses, you will be the only accountable person and no one else. Try to learn trading and I can guarantee that you will not look for other options.
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