RE: How to earn Bitcoins - Part 1

[TradingIsBreath]

I think the top subject in the forum needs some adjusting.  It's not even profitable anymore to try to MINE bitcoins.  And with the 2018 drop in value, it's seems hard to even justify mining altcoins.

• The mining difficulty is now astronomical.
• The equipment you would need (hundreds or even thousands of ASIC processors for BTC) costs far beyond what you would be able to justify.
• The power consumption to run said equipment would cost more than you would be able to get in reward for processing the blockchain.
• Even participating in a Pool still would not yield enough coin to justify the above-stated expenses.

What is your opinion? 

• Should MINING be excluded from the How to earn Bitcoins topic?
• Are the other suggestions for the topic still valid?
• Are BTC faucets worth the effort any more?
• Are we truly stuck with just trading or buying to increase our BTC wallet?

I do not think mining is a good idea. If someone is looking for a easiest way to earn BTC then I would suggest to use https://coinswitch.co/referral referral program. This becomes your lifetime income as you will receive part of income whenever your friend trades.

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[Hoganti]

To get bitcoin is not a problem, the main thing is to understand how this market works in order to operate with coins and make a profit.

[BestSSS]

What is your opinion? 

• Should MINING be excluded from the How to earn Bitcoins topic?
• Are the other suggestions for the topic still valid?
• Are BTC faucets worth the effort any more?
• Are we truly stuck with just trading or buying to increase our BTC wallet?

Why exclude the topic of mining from the forum I do not understand? We have today all at once threw aminiti and there is nothing more to discuss?? What nonsense!
Mining has never been unprofitable, even today mining brings you bitcoins that can potentially bring you 200-500% profit, just have to wait and not sell!
Cranes have outlived their usefulness a long time ago and it's just not worth spending time clicking for hours at the monitor to earn a few Satoshi.

[roptoshambrella]

This is my investment method please check it :
For instance yearly interest rate in my country is 3% according for USD and I am taking out of account the increase of BTC/USD RATE.
So if I am checking mining option I am calculating my first time investment and operation costs and yearly produced amount of coin calculated as USD estimation.
For instance if my investment cost is 2000 USD and my operation cost for a year is 1200 USD and my production estimation is 3500 USD. That means if I put my 3200 USD at the end of year I will earn from 300 USD from that money means approximately 9% means 3 times of bank interest, seems good. According to cashflow a ROI of 11 months seems good also.
Important parts in here is equipment prices, electricity prices and your price ! Also your operator's price if you have any. Most of time people forget to add time he/she spent to the cost item.
Also if you are doing a bounty or something else, think about that cost item : Your time !