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Author Topic: What is d best investment plan and strategy for genesis mining  (Read 815 times)
Joshure (OP)
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November 14, 2016, 02:57:56 AM
 #1

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...
cpfreeplz
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November 14, 2016, 03:34:56 AM
 #2

'D' best strategy would be to avoid investing in ponzis so you never have to worry about losing all of your hard earned bitcoins. Just avoid these cloud mining scams.
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November 14, 2016, 03:40:00 AM
 #3

'D' best strategy would be to avoid investing in ponzis so you never have to worry about losing all of your hard earned bitcoins. Just avoid these cloud mining scams.

Yes... OP should read the many threads the forum has about cloud mining sites and especially, Genesis Mining... There is no worthing strategy to make profit for yourself. If you do it, you will lose your money.

The only thing people can share about genesis mining is their regrets and advices to other people don't do it.

 
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November 14, 2016, 03:54:24 AM
 #4

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...

Strategy? How come it's possible in any of the cloudmining if you will just do is to wait and wait and wait after you invested some. The best strategy is to find other ways to earn bitcoin. Don't rely on cloudmining even there is a legit company that offers it. The profits and ROI is not worth the wait in my own point of view.

Also learn to work to earn and not to sit and relax and wait for the passive income which you didn't know if it's really will come.

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pooya87
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November 14, 2016, 04:20:10 AM
 #5

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...

the best strategy is NOT even opening their website let alone wanting to invest. and since i have been seeing an increased talk about this particular cloud mining i have only one conclusion and that is "they are planning to run away soon" and that is why they are trying to get more investors to have more money to run away with.

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sulendra12
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November 14, 2016, 04:45:44 AM
 #6

Please I am about to invest in Genesis mining but not sure which plan to go for
Help. And please share your strategies ...
What the hell with you ? . You're a newbie and gone after posted a post (that's an old attempt to bait the spammer).
But if you're going to online again , I'm truly sorry for you  Cheesy

OT : It's not a strategy , but throwing away your money to Genesis-Mining instead. Before you Invest , it's better to make a review to site you want to invest with and Cloud Mining's era has been dead so let's forget about those site.

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vtypromo
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November 14, 2016, 04:49:10 AM
 #7

'D' best strategy would be to avoid investing in ponzis so you never have to worry about losing all of your hard earned bitcoins. Just avoid these cloud mining scams.

I agree on this, cloudmining is not profitable these days.  There are lots of thread saying that cloudmining is not profitable whether it is legit or not.  Most people who invested in this kind of industry never get their return of investment.  Maybe you can search around the forum to know more about the profitability of cloudmining.
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November 16, 2016, 07:03:56 AM
 #8

Cloud mining are known for being scams

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CraigWrightBTC
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November 17, 2016, 12:56:15 PM
 #9

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...
Well first time i just want say you have made thread on wrong section you must move this thread on service discussion by your self because the administrator are busy i guess and about your question almost all of members said genesis mining is not profitable, so depend on your decission.
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November 17, 2016, 01:58:18 PM
 #10

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.


Take 2 hours of your time to do research on this. You can do research on google, youtube and facebook. There are many comments on this subject "Is Genesis Mining Profitable?"

I do not invest money in cloud mining and I do not have deep knowledge about cloud mining. For example, I question the profitability of a cloud mining company.

The cost of electricity + cost of mining equipment acquisition + the cost of maintenance of mining equipment + wages of mining company workers + mining difficulty + investors dividends = will be possible for cloud mining to have any profit?

https://www.youtube.com/watch?v=wKDDveszxCE&feature=youtu.be


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November 17, 2016, 03:06:36 PM
 #11

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...
Dont do that. You'll just lose in the end. Investing in a cloud mining is very risky. You might lose all money you invest with them. There are many were complaining about cloud mining. You're lucky if you earn back your money from that because even when you reach the end of contract, its will not get back all money that you invest there. Also some cloud mining sites are easily turning to a scam. If i were you, ill just find more profitable investment other than cloudmining.
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November 17, 2016, 06:10:52 PM
 #12

Please I am about to invest in Genesis mining but not sure which plan to go for
Help.
And please share your strategies ...

Why not invest in altcoins. Less chance of losing and more chance to make a good profit. Remember with bitcoin mining you have to break even before you even begin to make profit. Up until the point you break even you are at a loss. As soon as you buy into the mining contract you already at a loss.
With altcoin you make profit right away so long as you choose intelligently.

 
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