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Author Topic: Bitcoin Mining or Gambling  (Read 3117 times)
kucritt
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September 13, 2017, 02:58:18 PM
 #41

if i was you i will choose mining, because mining has lower risk than gambling, the risk is you will get BEP in a long times, and risk if you do gambling you will loss all of your money, mining is okay if you want to invest in a long term, because BEP in mining is not fast than past month.
my advice is try trading crypto currency you can search how to trading crypto

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September 13, 2017, 03:15:54 PM
 #42

No way gambling is a way to make money. Whoever told you that either owns a gambling site and wants your bitcoin or he is not your friend. Mining is not profitable anymore either, at least to small scale bitcoin miners. But you can try your luck mining alt coins that still have lower difficulties or hash rates.

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September 13, 2017, 04:25:04 PM
 #43

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

If you have cheap electricity, air conditioned place ready for miners then you can try your luck and buy Antminers from Bitmain. If not then I would rather spend money on bitcoin, especially now when it is declining. You have great opportunity to buy it before it goes up again.

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September 13, 2017, 06:12:26 PM
 #44

No way gambling is a way to make money. Whoever told you that either owns a gambling site and wants your bitcoin or he is not your friend. Mining is not profitable anymore either, at least to small scale bitcoin miners. But you can try your luck mining alt coins that still have lower difficulties or hash rates.
To be engaged in this or that activity first of all you need not only a good investment for mining, but also luck for a laser player. Still there is a huge risk and it can be very difficult to cope with.

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September 13, 2017, 08:50:37 PM
 #45

You need a large amount of bitcoin if you will start mining (If you are planning to build a mining rig) and one of the most important thing in having your rig is having a cheap electricity, Having cheap electricity will make mining a very good money maker. Here in our country electric bills is so expensive thats why we can build our rigs here , So we are preferring gambling here in our place.




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September 13, 2017, 09:09:24 PM
 #46

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

Gambling is never and should never be considered a valid means of making money. People don't go to Vegas to make their annual income. Mining is a step in the right direction, but it still is a bit off. Mining Bitcoin itself is not as profitable as it once used to be. Instead, look into mining altcoins and exchanging those for BTC.

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September 13, 2017, 09:42:19 PM
 #47

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

Gambling is a quick way to make more bitcoins but you need to know that on the other hand of it, you can also have the chance to quickly lose your capital. If you have the mining rig then it's better to stay with the mining rig and if you do earn good there then just simply stay and you can still gamble if you want but moderate it for control.



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September 13, 2017, 10:28:45 PM
 #48

Since mining and gambling are not good options. Is there any suggestion about earning decent amount of bitcoins?

Get a job. Buy bitcoins.

The fastest, easiest, most convenient, and most effective way to obtain bitcoins is to buy them.

Buy bitcoins with cash from somebody near you: LocalBitcoins
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September 13, 2017, 11:18:53 PM
 #49

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

Gambling is never and should never be considered a valid means of making money. People don't go to Vegas to make their annual income. Mining is a step in the right direction, but it still is a bit off. Mining Bitcoin itself is not as profitable as it once used to be. Instead, look into mining altcoins and exchanging those for BTC.

Yes mining altcoins is the better choice now in compare to mining bitcoins as it is not easy to mine bitcoin as it was in the past but mining altcoins is still easy and on the other hand gambling is waste of time and money and you cannot depend on gambling to earn a living or make money each and every time.

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September 14, 2017, 01:39:20 AM
 #50

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

Gambling is never and should never be considered a valid means of making money. People don't go to Vegas to make their annual income. Mining is a step in the right direction, but it still is a bit off. Mining Bitcoin itself is not as profitable as it once used to be. Instead, look into mining altcoins and exchanging those for BTC.

Yes mining altcoins is the better choice now in compare to mining bitcoins as it is not easy to mine bitcoin as it was in the past but mining altcoins is still easy and on the other hand gambling is waste of time and money and you cannot depend on gambling to earn a living or make money each and every time.
I choose to invest in in both, i am mine bitcoin to have more fund to invest in gambling which can help to increase my income specially if i got lucky enough. More people are saying that gambling is not profitable but i already prove to my self that you can make profit in gambling just need a patience and not to be greedy all of that will run smoothly and make profit.


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UCHCHILD
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September 14, 2017, 04:30:24 AM
 #51

Both are not quick profitable mate just to think you have to put your money into it before having the profit but not that quick especially in gambling, no assurance for it. Just work for it so you will not regret.

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September 14, 2017, 04:31:58 AM
 #52

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?

Nothing. Both of them arent profitable and both are definitely NOT reliable sources of income. If you want to make BTC online then join a signature campaign, offer some service like escrow services or sell items for BTC.

Theres no such thing as easy money, investerS. You have to work hard for it.


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buyinbtc
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September 14, 2017, 04:58:34 AM
 #53

No way gambling is a way to make money. Whoever told you that either owns a gambling site and wants your bitcoin or he is not your friend. Mining is not profitable anymore either, at least to small scale bitcoin miners. But you can try your luck mining alt coins that still have lower difficulties or hash rates.

You can earn from gambling, but chances for that are very tiny. Chances to lose are much higher, so nobody should gamble if they want to earn, as they would only lose money.

On the other hand, mining can be profitable, but it really depends on how much you can invest and how price will change... Don't forget that you also have to pay for electricity, as it's not free



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September 14, 2017, 06:41:24 AM
 #54

Since mining and gambling are not good options. Is there any suggestion about earning decent amount of bitcoins?

Same as how to earn money, but you would receive bitcoins instead or use the money to buy bitcoins. There already are plenty of books and courses about how to get rich or how to invest or how to be an entrepreneur etc...
To earn bitcoins the same rules apply as how to earn money

Those books only make the book writers and sellers rich. Till now I have not met a single person who said I got decent amount by reading this book. And I am not counting the reviews that are available to make one purchase the book.
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September 14, 2017, 06:55:35 AM
 #55

No doubt gambling is game,either win or loose all.If the luck is not in your favour,you can't win even once.
I would not recommend playing with your money.
If you are really seeking the way to win,just look for any legit mining contracts and invest.
There are also some scam miners in market,be carefull.

Gambling online is not about luck. It runs on the notion of the house always wins. They can manipulate things from the other side.
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September 14, 2017, 06:59:53 AM
 #56

No doubt gambling is game,either win or loose all.If the luck is not in your favour,you can't win even once.
I would not recommend playing with your money.
If you are really seeking the way to win,just look for any legit mining contracts and invest.
There are also some scam miners in market,be carefull.

Gambling online is not about luck. It runs on the notion of the house always wins. They can manipulate things from the other side.

How can you say that gambling is not about luck? and although house always wins due to some commisions from the other bettor but still there gamblers have luck to rely on thats why we can see several people winning a jackpot price from certain trusted gambling sites here. And maybe the one you've said is those scam gambling site here so you shouldn't bet on them since you don't have any chance to win on them.

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September 14, 2017, 07:34:40 AM
 #57

I want to make money online through bitcoin but am really confused about mining and gambling with bitcoin because i see the two ways as a quick way of making btc but i need advise about which of the two is more reliable, bitcoin gambling or mining?


There is no guarantee in gambling. We know it is profitable by any chance of how lucky you are. But the higher the luck you have the higher the risk you got. Well we know gambling is more on losing than winning. You are winning then by temptation you are losing lol. Better choice for me is mining if you have enough budget to buy a mining rig then that is the best choice for you. You should go to mining section for more information about mining there you can learn more about mining.

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September 14, 2017, 07:53:10 AM
 #58

None of the above instead I will choose trading and signature campaign to get fixed and guaranteed income in bitcoins as I don't have any interest in loosing my money in gambling and even mining is not affordable to me due to high electricity cost.

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September 14, 2017, 08:59:55 AM
 #59

Yes, none of these are good for profiting or to earn profit quick because I think this will just make your money far away from you like in gambling you are betting your money instead of collecting money you are putting yor money into something without an assurance that it will come back to your wallet.
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September 14, 2017, 01:37:43 PM
 #60

Those two choices needs to take risk. You can win many bitcoins in gambling but also makes you lose more if luck is not in your side. In mining, depends on the mining pool you will join. Joining a good mining pool can earn a small profit. If not, you just waste money. The choice is yours.

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