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Author Topic: Cloud mining/Investing or trading on localbitcoins?  (Read 11110 times)
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miningdude
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January 29, 2017, 07:14:31 PM
 #1

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
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January 29, 2017, 09:06:47 PM
 #2

Definitely trading, but i would recommend staying away from chargebackable payment methods unless you know what your doing.

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January 29, 2017, 09:17:35 PM
 #3

Definitely trading, but i would recommend staying away from chargebackable payment methods unless you know what your doing.

I've been stopped trading 7 month, too much problems they closed my webmoney and my skrill (webmoney for trading btc, and skrill for fraud and shit) but I got all my money its so hard to deal with fraudsters. Undecided
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January 29, 2017, 10:49:54 PM
 #4

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
I would recommend trading for you , cause investing is a risky thing and you dont have control of your money ,unlike trading where your money is safe and less risk.  And also trading gives you easy profit as long as you know what altcoin to buy.

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miningdude
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January 29, 2017, 11:42:39 PM
 #5

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
I would recommend trading for you , cause investing is a risky thing and you dont have control of your money ,unlike trading where your money is safe and less risk.  And also trading gives you easy profit as long as you know what altcoin to buy.

I prefer using bitcoins, because I think it's may go up to 2k$ this year or next year who knows  Huh
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January 30, 2017, 12:33:24 AM
 #6

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

I will prefer on trading, although since a long time a go for you wasn't doing a trade. but it will be better than other like investing or cloudmining. So, you have fully permission for controlling your money.


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dearbesz1219
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January 30, 2017, 02:23:29 AM
 #7

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

The best way, I think your capital must put in investing and do trade in the exchange platform. By these thing you can easily multiply or grow your coins depending of how you are going to predict the coins were you going to trade.

                                 
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January 30, 2017, 03:51:38 AM
 #8

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?
Trading is more better than investing in cloud mining because that shit mining is a joke and just runs only for few months and gone with your money. Even in trading you can't get stable income but it's more guaranteed than cloud mining.


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24th Sept 2017
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January 31, 2017, 07:18:13 AM
 #9

Doubling your BTC not as easy as it seems. The amount of BTC you are holding and thinking of doubling matters. Doubling .1 BTC is easier than doubling 10 BTC. Trading or investing takes time and a lot of risk while cloudmining contracts are losing investments. The best you can do is to get a loan, start your localbitcoin trading and slowly pay the loan.

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January 31, 2017, 07:21:49 AM
 #10

i've made a fair amount of profit on localbitcoins, but stopped recently due to so many fraud attempts!

                               
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January 31, 2017, 07:31:13 AM
 #11

There's always a risk in investment or trading, but there's no clear answer which performs the best. You could mine a coin today and the price soars sky-high tomorrow. You could trade an altcoin and gain 10x / lose 10x tomorrow. The bottom line is you need to do your due diligence before you start to invest. I myself lost almost 1k in a so-called bitcoin cloud mining program.
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January 31, 2017, 07:51:07 AM
 #12

it depend on your capital, if you have the patience to learn more about mining and what you need to run a good small farm, you will not need a cloud that will likely scam you

trading is a high risk, and i don't like it, with mining you are sure to have a return every day even if small you still keep the value of what you bought to mine, that's is the beauty

the bad part is that it require a considerable amount of money to enter in play at the beginning
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January 31, 2017, 02:15:29 PM
 #13

Ofcourse trading is majority favored. Cloudmining will takes years to get some profits to it. Trading is an instant profit and more profitable than cloudmining. Trading is risky but its worth the profit you can gain from trading than investing on cloudmining. Theres no guarantee that the cloudmining you've invested will run for many years or month. Sometimes they will just disappear without notice. Its better to play your own game than giving away your money.


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February 01, 2017, 03:58:51 AM
 #14

Even if you find a non-scam cloudmining you will not be able to make a profit. Trading despite having a basic rule that is "buy low, sell high" apply this which is the tricky. It demands a lot of knowledge and experience. In time, if you do not give up on the path, it begins to work.

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February 01, 2017, 04:30:43 AM
 #15

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

If you wanted to start selling bitcoins with LBC then just do it and why there's a need to invest with cloud mining or doublers? Those type of investments are just a bunch of scams don't just think that it can help you to multiply your capital for selling bitcoins. Why not why you are selling bitcoins, try to sell some other stuffs too like digital goods / goods.

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February 01, 2017, 07:24:51 AM
 #16

Cloud mining means investing but if we'll say truth, it's investment without profit. For profit it's better to trade or invest in some ICO. In most cases avoid cloud mining because legit one as I know is hashnest but it's not easy to get profit from them and if you'll reach profit, you'll need 2-3 year for that, if you can by miners and mine at home.
To my mind trading is better but it's not easy to double your bitcoins, you need time for that, if you want instant double you can bet on sport games but it's worst you can to do.

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February 01, 2017, 01:48:50 PM
 #17

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

Two things about your plan. First if you are going to sell bitcoins for paypal, think twice about it. The number one scam in the bitcoin world is buying bitcoins with paypal then do a chargeback, the seller loses the bitcoin and the paypal fund. Regards cloud mining, be careful here too. There are more scams than real cloud mining. Also do not expect to double your bitcoins through cloud mining, if the cloud mining offers to double it in a short span of time, don't be fooled. It is a scam for sure.

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February 01, 2017, 11:57:23 PM
 #18

Trading imo is better and safer, however if you want to invwst in cloud mining its cheaper to just buy someones account that theyve bought mining stuff on.

(Shameless self promotion)
https://bitcointalk.org/index.php?topic=1774524.new#new


I mean i invested about 6-7k and want 1300 = huge savings off the bat but then it comes down to is ROI+gains achievable?


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February 02, 2017, 02:53:35 AM
 #19

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
All these three  are profitable and risky,cloudmining is not what it used to be,unless you prefer to mine new coin with good potential in the future,selling bitcoin using paypal is very high risk it violated tos of paypal and you will likely to get restricted once caught,trading needs a lot of research and study and takes time and control of emotion.

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February 02, 2017, 03:06:04 AM
 #20

it depend on your capital, if you have the patience to learn more about mining and what you need to run a good small farm, you will not need a cloud that will likely scam you

Disagree. Better get that patience in other risky method out there since capital that will be used in establishing that kind of way is not a joke. It's easy to say "decent capital" but when people are in the situation they will surprised for the cost and spendings they will encountered.



trading is a high risk, and i don't like it, with mining you are sure to have a return every day even if small you still keep the value of what you bought to mine, that's is the beauty

The risk is same with mining and for me much riskier. The time that will spend by building enough knowledge in mining is better be used to learn how trading works.



the bad part is that it require a considerable amount of money to enter in play at the beginning

This is what Im agree. But in trading BTC1 is considerable amount to start unlike in mining that BTC1 is really small out of the whole capital that will be used.

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February 02, 2017, 05:42:45 AM
 #21

Trading imo is better and safer, however if you want to invwst in cloud mining its cheaper to just buy someones account that theyve bought mining stuff on.

(Shameless self promotion)
https://bitcointalk.org/index.php?topic=1774524.new#new


I mean i invested about 6-7k and want 1300 = huge savings off the bat but then it comes down to is ROI+gains achievable?



Indeed, also in mining, you have to invest an enormous amount of money, and you have to ROI before you even get back your money. Unlike in trading, you deposit the money and earn off of it while it is there in the trading platform. You can just sell every asset you have in trading and exit when you had enough. Unlike in mining you have to sell the miners you bought and usually they get depreciated before you even try to sell it hence you lost a lot of money when you sell them.

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February 02, 2017, 05:44:40 AM
 #22

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
For me is investing and trading it help you to grow your Bitcoin or even double it.I recommend you to invest in popular ICO its a short term investment after the ICO ends and they release on exchange you can sell your token their by trading it.

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February 02, 2017, 06:45:19 AM
 #23

Not cloudmining. From what I get in my junk mail folder from these sites it would take 5-6 months just to get back a roi and that is without any profit.
They charge alot in fees called electricity fees and whatever they wish to call them but it is really not worth it.
I would venture to say start in trading but find a good site to sign up with that doesn't charge too much in transaction fees. Some even charge you one to deposit into your own account. So figure that one out. Undecided
There are two sites that come to mind when you mentioned localbitcoins. Paxful which has a promotion going on for signing up an account with them and the other one is virwox where you can buy bitcoins from them.
You can try each of them out to see which one fits your needs.
Good luck with your adventure into the bitcoin investing world. Smiley

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February 02, 2017, 07:45:57 AM
 #24

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

my recommendation is trading, investing. you need to learn in trading before you do trading. its not good to do cloud mining because there is take too much times to get ROI if the sites still online. so better doing trading and if you have a good skills in trading then you can get much of profit so the choice its up to you.

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February 02, 2017, 08:06:50 AM
 #25

The risk is same with mining and for me much riskier. The time that will spend by building enough knowledge in mining is better be used to learn how trading works.

how is the risk the same with mining when the mining still hold its value after you purchase all the equipment while with trading you are constantly at 40% of risk, assuming you are so good to maintain a 60% +ev on the long term, which is unlikely...

with minign there is virtually no risk, even if roi is very long you can always sell back what you bought for at least 80% of its value, if we talk about new gen cards
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February 02, 2017, 08:21:00 AM
 #26

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

my recommendation is trading, investing. you need to learn in trading before you do trading. its not good to do cloud mining because there is take too much times to get ROI if the sites still online. so better doing trading and if you have a good skills in trading then you can get much of profit so the choice its up to you.


i would rather go on trading since in cloudmining we cannot get an assurance that we can earn on then or get a decent roi for long time investing at them, while in tradings we are the one who's controlling our faith and luck for a certain time,


I can't trust cloudminings for now neither investing in them since im very sure that they will come to steal our money.


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February 02, 2017, 10:53:59 AM
 #27

It would be good decision to try out trading as you have control of the activities that go on and can pull the plug anytime unlike cloud mining which might easily be shutdown by law enforcers or turn out to be a ponzi site!

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February 02, 2017, 11:31:53 AM
 #28

Mine at home isnt currently a bad option if you have a good capital, but the cost are high and you need a great energy cost, to achieve roi on the shortest time. Trading is an amazing way to go invest even with some risks around it that might make you loose money. Cloud mining in the general its medium long investment, and theres is no sure that they will be live when you should expect to roi, currently you have something like 11-14 months to roi into hasnet, i dont know about others clouds, but you can sell your hash to others soo the roi time if you sell all your hash might be achieved into 4 monhts.



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Qartersa
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February 02, 2017, 01:52:39 PM
 #29

It would be good decision to try out trading as you have control of the activities that go on and can pull the plug anytime unlike cloud mining which might easily be shutdown by law enforcers or turn out to be a ponzi site!

That feature, "pull the plug anytime", is really the best feature that would distinguish trading from mining. Since in trading you don't actually lose the money you invest nor does it disappear, it only gets converted. Unlike in mining, you have to spend for the miners which is really expensive and the price of resale is not very attractive when the time comes that you want to quit mining.

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xIIImaL
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February 02, 2017, 02:03:06 PM
 #30

It would be good decision to try out trading as you have control of the activities that go on and can pull the plug anytime unlike cloud mining which might easily be shutdown by law enforcers or turn out to be a ponzi site!

Most of the cloud mining investments are ponzi schemes only. Better try a kick on localbitcoins and do trading with low investment in the starting time. You need a have trusted account to have trade with the trusted people in the LBC site. Please beware of new account guys and low trust people while you have the trade.



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February 03, 2017, 03:11:54 AM
 #31

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

my recommendation is trading, investing. you need to learn in trading before you do trading. its not good to do cloud mining because there is take too much times to get ROI if the sites still online. so better doing trading and if you have a good skills in trading then you can get much of profit so the choice its up to you.


i would rather go on trading since in cloudmining we cannot get an assurance that we can earn on then or get a decent roi for long time investing at them, while in tradings we are the one who's controlling our faith and luck for a certain time,


I can't trust cloudminings for now neither investing in them since im very sure that they will come to steal our money.

doing trading is good choice for new people because if we do it with right, the opportunity for us to make much of money is wide open but we need to learn more in trading and we must increase our skill to get the money. and since i only have small hashrate in cloud mining, i would not suggest to go with cloudmining especially for free cloud mining because they can run away any time.

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February 06, 2017, 05:29:26 PM
 #32

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

Cloud mining, are you serious? I'm allergic with cloud mining, almost cloud mining just offer you hyip. It's better to invest or trade your btc. If you want to invest and get daily interest, you can try bter exchange(support some altcoin) or liqui.io exchange, it's better than other hyip. Use hashflare or genesismining for cloud mining, i wont recomend other cloud mining
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February 09, 2017, 01:00:18 PM
 #33

I will choose trading and investing for making profit.Trading and investing can give you good profit in short time.Investing is more riskier because there is scammer everywhere.I think investing On ICO can give good profit but you must choose the legit one.I am not interested on mining because there's no legit mining.
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February 09, 2017, 01:49:22 PM
 #34

If those are my options, I'd definitely chose trading bitcoins be it localbitcoins or someother trading platform. Most of the cloudmining that I've come across have turned out to be a scam and I would advice everyone against investing in them. If you actually know the owner of the site, then probably cloudmining is a better option.
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February 09, 2017, 02:20:29 PM
 #35

If those are my options, I'd definitely chose trading bitcoins be it localbitcoins or someother trading platform. Most of the cloudmining that I've come across have turned out to be a scam and I would advice everyone against investing in them. If you actually know the owner of the site, then probably cloudmining is a better option.

It is either a scam or you won't earn anything from the investment in the cloud mining you bought. It's quite hard to assess a real cloud mining anyway, that is why maybe the best thing to do is just trade than investing into mining. Cloud mining and solo mining (or even joining pools) don't seem as lucrative as before.

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February 09, 2017, 07:25:17 PM
 #36

instead of mining why just buy cheap altcoins with potential on the exchanges.Less hassle and you more then likely make the same profit if the coin goes up.Mining for guys with big sets up in china who have cheap electricity  and internet

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February 10, 2017, 12:11:04 AM
 #37

instead of mining why just buy cheap altcoins with potential on the exchanges.Less hassle and you more then likely make the same profit if the coin goes up.Mining for guys with big sets up in china who have cheap electricity  and internet

There is quite a big risk when you buy altcoins as some of them really don't go up anymore and just die. When the altcoins die then the money you invested in them dies with it. I think if you don't know what you're doing don't do it. Trading isn't that easy but I think it is still a better alternative than mining bitcoins yourself. Another option is to mine altcoins, that can be profitable too.


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February 10, 2017, 03:13:29 AM
 #38


Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

No man, cloud mining is not the best way to double your bitcoins, it is better if you are going to grow your bitcoins by simple trading on any exchange or trading platform. It seems that you want to support your investment by cloud mining but it is not going to work out. I would say that you should avoid cloud mining because it can pull you down.

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February 10, 2017, 03:44:28 AM
 #39


Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

No man, cloud mining is not the best way to double your bitcoins, it is better if you are going to grow your bitcoins by simple trading on any exchange or trading platform. It seems that you want to support your investment by cloud mining but it is not going to work out. I would say that you should avoid cloud mining because it can pull you down.

i agree with this, cloud mining need long time before we can get ROI and we don't know if the sites still online for long time or not because on one will know for this. if you are good in gambling games or sports betting, then maybe you can considering to make a bets in sports betting because with your knowledge in sports, then you are able to win the match and you can get the money. if you choose to start selling bitcoin on localbitcoins, then its a good option too because you can get profit from that, and in the end, you can double your bitcoins in short time if you are really good recommended sellers.


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February 10, 2017, 06:13:31 AM
 #40

If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

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February 10, 2017, 07:11:29 AM
 #41

If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

Those reliable source that you are saying are in fact right. Most of the cloud mining sites are into one aim which is faking its real service.

Though there are some legitimate cloud mining but you will just end up nothing upon recovering your investment.

Better to look for some other back up source of income aside from trading.



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February 10, 2017, 03:53:41 PM
 #42

If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

Those reliable source that you are saying are in fact right. Most of the cloud mining sites are into one aim which is faking its real service.

Though there are some legitimate cloud mining but you will just end up nothing upon recovering your investment.

Better to look for some other back up source of income aside from trading.
There are some people in my country providing their own cloud mining services and they are more reliable than other sources on the internet. I only invest my money in some projects which I can easily follow them and carefully secure my fund and capital. Cloud mining is not bad, only the people who create it for illegal purposes are bad


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February 11, 2017, 04:51:15 AM
 #43


Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

No man, cloud mining is not the best way to double your bitcoins, it is better if you are going to grow your bitcoins by simple trading on any exchange or trading platform. It seems that you want to support your investment by cloud mining but it is not going to work out. I would say that you should avoid cloud mining because it can pull you down.

i agree with this, cloud mining need long time before we can get ROI and we don't know if the sites still online for long time or not because on one will know for this. if you are good in gambling games or sports betting, then maybe you can considering to make a bets in sports betting because with your knowledge in sports, then you are able to win the match and you can get the money. if you choose to start selling bitcoin on localbitcoins, then its a good option too because you can get profit from that, and in the end, you can double your bitcoins in short time if you are really good recommended sellers.

That is the risk we really don't have an idea until when they are going to operate. Though some other cloud mining sites has contract with their investors but they can still broke that contract as there is no physical contact and contract to the investors. This is really a very risky way of supporting your own investment.

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February 11, 2017, 06:20:53 AM
 #44

If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

Those reliable source that you are saying are in fact right. Most of the cloud mining sites are into one aim which is faking its real service.

Though there are some legitimate cloud mining but you will just end up nothing upon recovering your investment.

Better to look for some other back up source of income aside from trading.
There are some people in my country providing their own cloud mining services and they are more reliable than other sources on the internet. I only invest my money in some projects which I can easily follow them and carefully secure my fund and capital. Cloud mining is not bad, only the people who create it for illegal purposes are bad

If you think that those cloud mining services in your country are reliable then go for it but I warned you guys already with these type of investments.

Most of the cloud mining are the same and they're image are becoming bad because most of them are ending up to scam.

So we can't blame people because many of us here did experience some bad things with them already.



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February 11, 2017, 11:07:42 AM
 #45

I would recommend that you to make trades. because the current trading is the most powerful way to get more bitcoin. and also do trading risk is not too great. we should be prosecuted for careful and clever in taking any decision to sell and buy bitcoin / altcoin.

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February 11, 2017, 09:45:45 PM
 #46

I would recommend that you to make trades. because the current trading is the most powerful way to get more bitcoin. and also do trading risk is not too great. we should be prosecuted for careful and clever in taking any decision to sell and buy bitcoin / altcoin.

It depends because not all the time a person knows how to trade but he doesnt know how to trade properly but it is going to be an advantage for him if he is going to trade amount, if he knows how to handle his trades and capital. There are people who are scared of risks and he should know that or else he can just hold it for better.



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February 12, 2017, 01:07:09 AM
 #47

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley


i will not suggest you cloud mining as we know there are too much fraud cloud mining, only 3 cloud mining which still pay their investor. try trading altcoin to double your bitcoin.
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February 12, 2017, 02:05:21 AM
 #48

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

Well the best way to double your bitcoin is by trading. I don't recommend using cloud mining as it will not give you profit. PLUS, almost all cloudmining companies are SCAMS. They will just make your bitcoins turn into ash.

But, if you want to engage in trading. Make sure to have a research first on the coin you are trading as there are many Scam Coins scattered in the trading platform. Of course, we can't deny the fact that every investment, there is a risk of loosing money. But we can't remove that, instead we can minimize it by means of having a research and a good decision making.

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iqlimasyadiqa
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February 12, 2017, 10:21:12 AM
 #49

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley


i will not suggest you cloud mining as we know there are too much fraud cloud mining, only 3 cloud mining which still pay their investor. try trading altcoin to double your bitcoin.
I have the same opinion. the current cloud mining promises only a false promise. they do not pay according to initial aggreement. a lot of people who are disadvantaged and impoverished because of cloud mining. is not very recommend cloud mining as a way of getting bitcoin.

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February 12, 2017, 03:07:23 PM
 #50

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley


i will not suggest you cloud mining as we know there are too much fraud cloud mining, only 3 cloud mining which still pay their investor. try trading altcoin to double your bitcoin.

Exactly, but even the paying website will take lot of time to mature our investments, cloud mining is always risky when it comes to investing. Yes trading is always better to make more money when compared to cloud mining. Trading will give more profits when compared to cloud mining.

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February 13, 2017, 03:42:40 PM
 #51

Of course, Trading is the better. I don't like investing in cloud mining sites. which they always scammers. I have a bad experience in theses sites, I lost a lot of money in them. I was scammed by many sites which they promise to get your investing money in 3 months. before the 3 month. they scam. For exemple hashoceans. So avoid to investing their and simply trading in localbitcoin. which you can get a nice profit in this domain. Good luck

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February 13, 2017, 07:50:47 PM
 #52

Cloud mining is the worse investment to earn Bitcoins. Trading can be good, but for who doesn't have much money to risk it's not adviced too. If you want to trade in safe way, that is better, just hold, sell and buy Bitcoins. Doing this you will grow your money slowly but safe. Make sure to follow the BTC price and the events that can make the price change.

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February 14, 2017, 02:57:58 AM
 #53

if youre option cloud mining investment or trading
iam choose trading, but not placed in localbitcoins, i think if trading in localbitcoins not competitif to can get profit

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February 14, 2017, 03:07:37 AM
 #54

If I had spare money I'd bought a few dozens of S9 miners and start mining in my home and would've paid power bills from my spare money.
But why? because I believe in bitcoin's future which price could reach $4800 in next 2 years, so I'd start mining now when difficulty is still lower considering in future it will rise significantly.

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February 14, 2017, 04:09:54 PM
 #55

Cloud mining is the worse investment to earn Bitcoins.
I second the motion on it, I did experienced to invest there and hoped that I'll earn upon doing nothing but I got scammed.

Trading can be good, but for who doesn't have much money to risk it's not adviced too.

Many here prefer to do trading and it's like gambling just invest what you afford to lose.

If you want to trade in safe way, that is better, just hold, sell and buy Bitcoins.

Yeah this is much pretty good and also good for substitute in investing to cloud mining.

Doing this you will grow your money slowly but safe. Make sure to follow the BTC price and the events that can make the price change.

It's not total safe at all because when the price decrease, the value of your coins will decrease too but this is much better.

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February 14, 2017, 07:04:27 PM
 #56

I would not count on mining, especialy not on cloud mining. There are so many accusations for cloudmining for scam of all types that is better to stay out of this. Trading is risky, that is true, but at least you have fair chances to make some profit if you invest your money, time and knowledge.

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btcdiggingmaster
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February 15, 2017, 05:30:57 AM
 #57

Each person has different opinion about cloud mining and trading. But when it comes to practical you will make more through trading because start investing 0.01 in cloud mining and 0.01 in trading. After one week or one month compares your earning than you will make more profit with trading only.

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February 25, 2017, 12:48:36 PM
 #58

But what if the altcoin you traded went south? How can you make sure that trading will give you profit? You cant. A lot of gullible people have fallen to the trap of the hype. Its happening in the real world and its happening in the world of cryptocurrencies now. Cloudmining is also the same kind of trap but packed differently.

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February 25, 2017, 12:51:21 PM
 #59

I use genesis-mining almost 2 years.
Its just perfect. Payment every day always on time.
I use sha256 hash for BTC mining
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February 25, 2017, 10:34:31 PM
 #60

If you are comfortable with meeting up with strangers then you can do what I do. I post on craigslist to sell for 15% fee. At the current price, every bitcoin I sell I earn around $200. Then I put my cash in the bank and wire it straight into bitstamp. Since the international wire fee I pay and bitstamp fee adds up to $50, I profit around $140-150 per bitcoin. If you hadn't figured this out, you really need alot of bitcoin to do this method, since the wire transfer fee is large. Just be smart about who you talk to, where you meet up, etc and its really a nice little profit. Doesn't pay the bills, but it pays for when I buy high and sell low on bitstamp lol  Cry
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February 25, 2017, 10:44:33 PM
 #61

I use genesis-mining almost 2 years.
Its just perfect. Payment every day always on time.
I use sha256 hash for BTC mining
Not good idea to invest in bitcoin cloud mining almost all are scammer or not really profitable.. better to stay away from them..
Much better to learn in trading it is more safier low risk not the same as gambling but there is still small risk.. and you can make more profit than gambling..

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February 26, 2017, 10:10:07 AM
 #62

Each person has different opinion about cloud mining and trading. But when it comes to practical you will make more through trading because start investing 0.01 in cloud mining and 0.01 in trading. After one week or one month compares your earning than you will make more profit with trading only.

Both has its own type earning method and amount can earn from it. But comparatively cloud mining is ponzi schemes at most of the time. Trading will be profitable with the small investment as well. All you need to do just be careful with the scammers and need to use the best escrow around here in the forum or else where.



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pinkflower
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February 26, 2017, 12:48:47 PM
 #63

Each person has different opinion about cloud mining and trading. But when it comes to practical you will make more through trading because start investing 0.01 in cloud mining and 0.01 in trading. After one week or one month compares your earning than you will make more profit with trading only.

Both has its own type earning method and amount can earn from it. But comparatively cloud mining is ponzi schemes at most of the time. Trading will be profitable with the small investment as well. All you need to do just be careful with the scammers and need to use the best escrow around here in the forum or else where.

How small of an investment in trading that can be made profitable are you talking about here? Im interested in starting to trade in the forum. If we base everything in your trading experience how much can I make if I start trading with .5 BTC?

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February 26, 2017, 04:56:20 PM
 #64

I use genesis-mining almost 2 years.
Its just perfect. Payment every day always on time.
I use sha256 hash for BTC mining
Not good idea to invest in bitcoin cloud mining almost all are scammer or not really profitable.. better to stay away from them..
Much better to learn in trading it is more safier low risk not the same as gambling but there is still small risk.. and you can make more profit than gambling..

It's very risky and the most possible thing to happen to you is that you can get nothing from it. At the same time your investment will be run away by the site. Since it's very attractive to invest to them with the hash power. Still don't be deceived by it, there's no such thing as trustworthy when it comes to this type of investment.

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February 26, 2017, 05:28:24 PM
 #65

nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

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February 28, 2017, 12:16:01 PM
 #66

nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.
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April 26, 2017, 05:00:18 PM
 #67

nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.

Trade also has risks. And if you are a novice, then there is a high probability that you will lose money.
But it's not very profitable to deal with mining now, and cloud mining can be scammers
SamsungBitcoin
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April 27, 2017, 03:33:48 AM
 #68

nothing is better than trading nowadays, you have to admit that. Or you can combine both trading and investing in one place which is called ICO. ICO offers you a good amount of coin before it is contributed. therefore, if you have the money and have a good vision, you can join and see what happen

You are right, indeed the best way to get bitcoin is by trading. For beginners course is difficult get the profit, it took patience and speculation. Without both of them then we will lose, we can start with small nominal, with bitcoin trading easier than fiat money.

Trade also has risks. And if you are a novice, then there is a high probability that you will lose money.
But it's not very profitable to deal with mining now, and cloud mining can be scammers
Yes cloudmining is good at first but this is not good in the long run, all cloud mining are turning to scam because they do not have real mining site they only get bitcoin or altcoin to the investors. That is why do not waste your time and bitcoin by investing in cloud mining much better to do trading method even it is risky but the chances of earning profit is higher possibility


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earningtrend
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April 27, 2017, 09:59:46 AM
 #69

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to [Suspicious link removed] is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

hy, the problem on investing and cloud mining is high risk i seen many of companies not run till 3 or 4 month when it's time to get R.O.I mostly programs became scam and loose money with time. But the best way to double your bitcoin is try trading on altcoins because i saw many times every altcoin price is increasing no one go below the trend some increase day by day and some increase monthly but fact is they always increasing so purchase the coin and hold and sell that after one week or month when it's price go higher.
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April 27, 2017, 10:50:09 AM
 #70

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
I would recommend trading for you , cause investing is a risky thing and you dont have control of your money ,unlike trading where your money is safe and less risk.  And also trading gives you easy profit as long as you know what altcoin to buy.
I cannot agree with your point of view, it is all dependant on what you invest in, and what do you exactly want to trade with.
Risk varies from the asset type and also from many other factors and you cannot simply say that trading is safer than investing: it is all up to you, what strategy and techniques you are going to use, and if they are a correct tools to achieve your goals in some specific situation.

Altcoin trading is most difficult if you actually want to get into some new, cheap crypto. You can never have any kind of guaranteee that this alt is not going to get dumped really fast, that is the biggest issue about doing that.

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April 27, 2017, 01:03:02 PM
 #71

If you're try to use cloudmining site and you will never meet with your ROI. the cloudmining system just offering the user is giving a free loan to the companies and according from the reliable soure using cloudmining site is also including on the shady activities. never use it. and try the other.

Those reliable source that you are saying are in fact right. Most of the cloud mining sites are into one aim which is faking its real service.

Though there are some legitimate cloud mining but you will just end up nothing upon recovering your investment.

Better to look for some other back up source of income aside from trading.
There are some people in my country providing their own cloud mining services and they are more reliable than other sources on the internet. I only invest my money in some projects which I can easily follow them and carefully secure my fund and capital. Cloud mining is not bad, only the people who create it for illegal purposes are bad

that's the world, where every good intention that we do there is definitely a bad thing we get. So, everything depends on us, if indeed we are to be successful then the major key is always trying and working hard. When you cannot get what it wants after making the effort and hard work, the next step is to intropeksi yourself about all the things you used to do. Because sometimes we forget to do something that in fact it is so important
 





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April 27, 2017, 05:13:08 PM
 #72

I never believed in cloud mining. I think that they are scammers. They collect money not for equipment. Simply the moment comes and these services disappear with all the money of depositors
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April 30, 2017, 12:12:29 PM
 #73

I never believed in cloud mining. I think that they are scammers. They collect money not for equipment. Simply the moment comes and these services disappear with all the money of depositors
Why cloud mining if I may ask? If you are indeed interested in mining, then there are far better options as 99% of sites claiming to cloud mine dont even own a single hash power - that s probably the new face of ponzi. Purchasing of mining equipment for Bitcoin these days costs a fortune and it is becoming a thing for the institutions, however It is possible to rent equipment as well as join a mining pool, your investments these way would not readily go down the drain as it is sure to with cloud mining.

Subsequently, the Bitcoins you earn could be traded to make even more, but that must be after quality time must have been put into learning  the ropes in trading other than that, trading would simply turn out the drain pipe for all your efforts, time and resources.

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April 30, 2017, 08:07:00 PM
 #74

Localbitcoins is only a peer-to-peer exchange, it does not have any features of investing in some cloud mining project or any investment programme.
You just buy and sell bitcoins there, to local people. You enter the place where you are currently in, and there is an offer to buy bitcoins for other people in your region.

Anyway, I just dont get the idea of something like that. In almost every case, cloud mining cannot be compared with investing because it is just simply losing your money: unless you got some ability to make a successful prophecies about the time, when the scam website ("cloudmining project") will be down or suspended.

Obviously, that is not possible so anyway I still advice to stay away from this type of programmes.


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May 01, 2017, 01:13:19 AM
 #75

Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

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May 01, 2017, 02:20:52 AM
 #76

I highly recommend trading it has a chance to double or to triple your bitcoins and i highly doubt that cloud mining/investing is profitable
you will not receive any ROI in those cloud minings and lose your money instead but trading through localbitcoins or some altcoins is a good way to earn some amount of money you can even make it a living.

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May 01, 2017, 07:49:27 AM
 #77

IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

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Qartersa
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May 01, 2017, 07:55:17 AM
 #78

IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.

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May 01, 2017, 09:18:25 AM
 #79

IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.
Agree with this, i do not want cloud mining anymore i just tried to invest in cloud mining many times but it was a same result they are all scam.
Localbitcoin trading is need to have a survey in your area if how many bitcoin users wanting to used your services and how many people are using this crypto currency.
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May 01, 2017, 10:12:05 AM
 #80

IMO investing in Cloud mining is not something i would consider because of how long it takes to make a decent profit and trading on localbitcoins would be much easier and its a well known peer-to-peer Bitcoin exchange so you are guaranteed to have daily trades if you know what you doing and get some good profit in the process

Not to mention most cloud mining platforms turn out to be just ponzi scams waiting to unfold. Trading on localbitcoins is not what it proposed to be nowadays, since most people will just prefer to buy from trusted traders, you'll have a hard time getting customers to try out your service.

Its not about buying and holding bro. If you invest on trading site localbitcoins, will you be able to make profit. I agree that cloud mining is mostly ponzi schemes to us but trading in lbc is best option to make investment on bitcoin.
Please check the traders in the forum, who have been doing trade at there. you can easily make profit from there with the help the continuous price change in the chart.



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May 01, 2017, 03:50:28 PM
 #81

Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.



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ANN Thread
Samadur
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May 01, 2017, 05:17:28 PM
 #82

Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.
Trade was and is the most profitable business both in the field of crypto-currencies and in other areas of trade. Well, if you take a separate trade Bitcoin What you need to consider is that not every user can work very well in this business. Of course, without luck in this matter anywhere.
thebatletbet
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CarTaxi: The 1st car towing platform on blockchain


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May 01, 2017, 06:32:50 PM
 #83

I use genesis-mining almost 2 years.
Its just perfect. Payment every day always on time.
I use sha256 hash for BTC mining

cloud mining is not recomended investment
how much return in genesis-mining, how long can BEP in genesis mining

if have high skill trading recomended use bitcoin to trading

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jossiel
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Ice Rock Mining- The Most Profitable Mining


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May 02, 2017, 06:23:44 PM
 #84

Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.
Trade was and is the most profitable business both in the field of crypto-currencies and in other areas of trade. Well, if you take a separate trade Bitcoin What you need to consider is that not every user can work very well in this business. Of course, without luck in this matter anywhere.

Well for those people that are not doing well with trading then it's up to them, because everything can be learned.

If they think they are not good at trading, it's either they are going to try it again and they will practice trading for better.

It's just a matter of experience, if they are very positive with trading, go for trading because it will give them a better way of earning.

But if they are really not concern with trading and they think negative things about it all the time, just stop.



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ANN Thread
SidaroffVany
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May 02, 2017, 09:13:19 PM
 #85

Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.

Yeah it's the best thing to do, don't waste your time anymore talking about cloud mining or even thinking about it.

You will just feel frustrated in the end because they had only one goal for building up that type of investment and that is to scam investors.

Trading is the best choice of all and this is what everyone is doing now, even you are not a good trader you can earn profit on it.

And don't forget that LBC is not the only choice when you want to trade btc.
Trade was and is the most profitable business both in the field of crypto-currencies and in other areas of trade. Well, if you take a separate trade Bitcoin What you need to consider is that not every user can work very well in this business. Of course, without luck in this matter anywhere.

Well for those people that are not doing well with trading then it's up to them, because everything can be learned.

If they think they are not good at trading, it's either they are going to try it again and they will practice trading for better.

It's just a matter of experience, if they are very positive with trading, go for trading because it will give them a better way of earning.

But if they are really not concern with trading and they think negative things about it all the time, just stop.
In trade everything is very difficult and you do not need to think that everyone can cope with this business. Except for luck, you still need to have a lot of information and knowledge so that you can successfully trade and earn well. This business is not for everyone
Apened
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May 03, 2017, 02:11:51 AM
 #86

Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.

@prashant
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Storm Token


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May 03, 2017, 03:35:24 AM
 #87

Cloudmining isnt profitable it will take you too long time to earn profit .
Investing and trading is advisable to double your money .you need only to wait and to learn to trade well so that in time you make profit how much you want not only in double.
Investing and trading do not assure you double income.it is prefer do not waste time on cloudmining things.while investing and trading through localbitcoin is too risky,people should not use it even if it has good reputation.

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