Cloud mining/Investing or trading on localbitcoins?

[joram04]

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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[EddyGameta]

You can double your bitcoin trading or money exchange from paypal to bitcoin or vice versa. Nowadays only three cloud mining provide seems legit for me, hashnest, hashflare, and genesis mining. Investing your money in cloud mining will give you ROI around 10 month, according my experience on cloud mining. Dont invest in fake cloud mining that offer hyip/ponzi, just to remain you

[GoblinBountyHunter]

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.

[LegendOF45]

The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped​, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.

[iqlimasyadiqa]

The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped​, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.

cloud mining is a very risky investment. There is no guarantee a website cloud mining will run for long. Most of the cloud mining will only end so quickly, for various reasons such as website maintenance and hacking, until finally the cloud ming website ends with a scam. This is the very worst risk we might get.

[batang_bitcoin]

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.

It's better to max out your capital in trading because in cloud mining it's possible that before your contract ends you will be earning the same amount of your capital or worst comes worst you will be scammed and will don't have any return from them. As most of them are known to be a scam scheme so it's better not to trust any of them.

[HasHe]

I think its hardly impossible to double your investment by investing in any cloud mining farms.Even you would have to wait for six months to recover your investment.Any other investment would also not help you to double your bitcoins.Investing in any altcoin and trading might help you but its highly risky.But trading is the only legit source nowadays to earn more bitcoins.

[ladydark]

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 

Cloud mining will not be a profitable investment nowadays.Most of them turn to be scam except some firms like genesis.Investing in gambling sites too would not yield profits regularly since it is totally based upon fortune.Trading has been the best and legit source of bitcoin from the beginning.Trading could be even started with a small amount.But greater the investment,greater the profit.

[gokselgok]

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 

the most profitable is trading within 1 day if you are good you will double your capital mining is a good way to earn but you will need capital to buy some serious rig and it takes time a little bit for you to get profit from it. I guess the most good option for you is trading and not just a trader but a super trader on all side you know that  altcoins is so tricky that you wouldn't know you buy high eyye blink it will fall down.

[Bodywowoya]

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 

the most profitable is trading within 1 day if you are good you will double your capital mining is a good way to earn but you will need capital to buy some serious rig and it takes time a little bit for you to get profit from it. I guess the most good option for you is trading and not just a trader but a super trader on all side you know that  altcoins is so tricky that you wouldn't know you buy high eyye blink it will fall down.

Actually, when trading on the stock exchange you can make good money, but this does not apply to Bitcoin. During the day, Bitcoin is quite stable. If we consider the price difference in translation about a week, then this is another matter.

[ladydark]

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 

Most of cloud mining sites have turned out to be spam nowadays except some sites like genesis.
I have no clear idea about investing.
Trading is the best option for earning bitcoins.Trading could be started even by investing a very small amount.But experience is needed to minimize the risks and losses.

[DaMut]

I think its hardly impossible to double your investment by investing in any cloud mining farms.Even you would have to wait for six months to recover your investment.Any other investment would also not help you to double your bitcoins.Investing in any altcoin and trading might help you but its highly risky.But trading is the only legit source nowadays to earn more bitcoins.

It was not hardly impossible,but it was impossible.
Cloud mining is not profitable these year,if we're in early 2014ish,we might be can double our investment but not right now.the problem is the difficulty and also when you buy a contract today what will you get today and tommorow will be different.plus we need to pay a fee which is very high.some people (or even many people)  complained that their contract no longer profitable.

I prefer to trade other than cloud mining,but i do not recommend to trade on localbitcoin because my account get hacked multiple times and i do not know what is going on.from my observation,many phising website came up when i tried to login on localbitcoin.

[tabas]

Most of cloud mining sites have turned out to be spam nowadays except some sites like genesis.
I have no clear idea about investing.
Trading is the best option for earning bitcoins.Trading could be started even by investing a very small amount.But experience is needed to minimize the risks and losses.

All of them soon will turn out into a scam and even those so called "legit" cloud mining ones are offering ridiculous contracts that there is a slow ROI and you can possibly can't get the capital that you did invested into them. So it's always better to just trade in local bitcoins on any platform that has a lot of alt coins to be bought.

[Forbiddenone]

I am against localbitcoin platform ,though it has similar type of selling and buying just like any other forum but here at least you can hire a escrow for safety.and if you thinking of using it then always go second and do not trust them no matter what the rating they have.

[harkonnen]

Cloud Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. There are many cloud mining scams.this mining gives the details of bitcoin transactions.