anjiitem
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November 22, 2019, 09:14:38 AM |
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Reasons why i prefer mining coins than investing a dime on IEO/ICO projects 1. My profits is assured. I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
When compared with the many scam projects now, it is better to do mining than by investing in a new project that is not certain and we must set aside time to observe about the project, how the team behind it and whether the project can run as planned. But for mining, not everyone can do it, and before mining, these people also need to know and learn what mining is.
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meliodas
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November 22, 2019, 11:38:56 AM |
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Yes you can say that Mining has some leverage income. But it will take time to break even for the capital that incurred along the way. How about if suddenly the market crash badly? How can you gain some profits while youre expenses is way more a lot than youre gaining? Also what if you have some problem in the equipment youll need to repair and fixed it, another expenses. While IEO is a good and easy money for participation. It's proven mate.
Actually it's all just a matter of time and funds. If he wants to wait and have enough funds to handle it all, then I think there is no problem with that. Mining is more suitable for those who want to invest long-term and have enough money for repairs, electricity and other unexpected costs as long as he holds the coin and waits for maximum profit. While IEO is suitable for those who want to get quick profits. Both have pluses and minuses, but mining seems to be more free and independent. It is better for the type of people who don't have a lot of money to try to master the art of investing in IEOs because it can bring a lot of profit for their portfolio which they can use in further investing like mining and other form of passive income. They should start a basic level where they can increase their income through their effort and their last resort will be building a passive source of income to sustain their lifestyle for the rest of their lives.
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starblocks
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November 23, 2019, 12:26:08 AM |
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Mining can be very profitable if you have the right expertise and are mining a high ROI asset, but not everyone has the capability to do this so instead they opt to invest in whatever startups they think will provide returns and the best ones for that are likely to be the very top ranked assets
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shaheer001
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November 23, 2019, 04:53:22 AM |
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Mining id good but need investment and experiences and day by day mining is becoming difficult due to electricity charges and other machine faults so if you also start trade in Ethereum and Bitcoin this will boost up your income.
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TheICE007
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November 23, 2019, 05:59:20 AM |
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I really don't mine, but from what people say it is profitable but you really need to know and understand how it works. Also investing in initial exchange offering is also profitable but you need to do some research to know a project worth investing in. So I think one should do what works for him or her.
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fuer44
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November 23, 2019, 06:40:07 AM |
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Reasons why i prefer mining coins than investing a dime on IEO/ICO projects 1. My profits is assured. I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
it's true, everything will be instant entry into the wallet then we can immediately sell it. it is very different from investing in coins or ico, because we definitely have to wait for the value of the coin to rise from our initial purchase price to get a profit. but have you ever calculated the calculation starting from the price of the device you use for minning, and the cost of electricity bills during your minning, and also the maintenance of your device, can you already profit from the results of the minning you get?
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Govorrrue
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November 23, 2019, 09:36:05 AM |
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These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in ICOs, how are you choosing the solutions on the market?
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volporg
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November 23, 2019, 09:37:51 AM |
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These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in ICOs, how are you choosing the solutions on the market?
Morning mate. I cannot say for everyone, but can elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may be spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations
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Govorrrue
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November 23, 2019, 09:38:48 AM |
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Morning mate. I cannot say for everyone, but can elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may be spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations
Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that pass your "test"? Would be definitely interested to hear some recommendations
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volporg
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November 23, 2019, 09:40:47 AM |
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Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that pass your "test"? Would be definitely interested to hear some recommendations
I can basically share my latest discovery - Housinet. Why latest? Cause requirements always grow and this is the solution that I've found out lately. Basically, the guys are redefining property management industry, letting everyone get much more from managing someone's real estate or, of course, own. What is important - very multifunctional tokens, ultimacy, metrics collection, blockchain and much much more. What I recommend you to do - have a look at their website. Pretty sure that you will be very impressed
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Govorrrue
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November 23, 2019, 09:41:56 AM |
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I can basically share my latest discovery - Housinet. Why latest? Cause requirements always grow and this is the solution that I've found out lately. Basically, the guys are redefining property management industry, letting everyone get much more from managing someone's real estate or, of course, own. What is important - very multifunctional tokens, ultimacy, metrics collection, blockchain and much much more. What I recommend you to do - have a look at their website. Pretty sure that you will be very impressed
Interestingly, you are not the first person recommending Housinet. Had no time to check out the solution before, but will do shortly and get back with own thoughts afterwards. Thank you very much for your recommendation
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BartS
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November 26, 2019, 03:11:38 AM |
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But another reason why many prefer to invest in icos or ieos or prefer to mine some coins is because the capital they have is simply too small to buy a significant amount of the coins that lead the market and they prefer to take the risk with unpopular coins.
There is no excuse here when they invest in stupid projects and expect a return, even if they have a small capital they can invest in some potential projects with good team or even dogecoin is a far better coin than the rest of the experimental ICO projects in the market and you can even invest in bitcoin even if you are having hundred dollars, so the idea of investing in unpopular coins cannot be justified. I think the same way I'm just describing the way many investors with a very low capital take their decisions, they are looking to improve their lives significantly with a very low capital and while this was possible with bitcoin very early that opportunity is no longer available. You can still make a lot of money with bitcoin but now you need to invest a significant amount of money as well and if you are not ready for that then you should forget about obtaining profits that could be life-changing.
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Chukwunonso
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November 27, 2019, 01:49:37 AM |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
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andika2018
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November 27, 2019, 04:14:54 AM |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
The problem with mining is that it takes a lot of money to buy coin mining equipment. In addition, electricity tariffs also affect the profitability of coin sales, if the coin price rises high, the miner may not experience problems but if the price drops, this might hurt the miner
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Pamadar
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November 27, 2019, 10:00:36 AM |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
The problem with mining is that it takes a lot of money to buy coin mining equipment. In addition, electricity tariffs also affect the profitability of coin sales, if the coin price rises high, the miner may not experience problems but if the price drops, this might hurt the miner Indeed, the fate of the miners rely with how the market moves. Many miners stops dealing with this business especially those small time miners due to the market downfall, it's tough now to find the right coin that will still provide good outcome considering all those expenses that needs to calculate and analyze if you still getting profits or you are not doing anything. Understanding the probabilities gives you hints to continue or quit away from this business.
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OptimusPrime_3
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November 27, 2019, 10:20:36 AM |
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That's your own choice, maybe you can cover all the costs that is involved in mining. I don't prefer going in ecosystem and co but I do invest in more profitable project that can generate daily income for me
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☯ INJECTIVE PROTOCOL ☯ Bounty Running ☯ ☯ Fast, Secure, and Fully Decentralized Trading ☯
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Patrix_1
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November 28, 2019, 08:02:00 AM |
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I can understand your decision, but I do not get on thing. The majority of IEOs/ICOs is falling in price, the same as it happening in bounty projects, so why are you investing when you can earn even more with bounties.
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BartS
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November 30, 2019, 03:08:17 AM |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
Each activity has its own set of problems, for people like us mining may seem to be a very complex operation of which we do not have an idea of how to manage it, but trading and investing are not easy at all, if anything it could be argued that trading and investing are even harder. Since there are many studies that show that the majority of traders and investors lose money instead of earning it despite all the efforts and time they put into trying to make money out of that activity.
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andriarto
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November 30, 2019, 03:37:53 AM |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
Each activity has its own set of problems, for people like us mining may seem to be a very complex operation of which we do not have an idea of how to manage it, but trading and investing are not easy at all, if anything it could be argued that trading and investing are even harder. Since there are many studies that show that the majority of traders and investors lose money instead of earning it despite all the efforts and time they put into trying to make money out of that activity. trade and investment are more risky, because we are faced with high market fluctuations. many obstacles in investing in ICO / IEO, we must really examine the project so that later not on a fraudulent project that can drain our capital. while in trade, we must be able to analyze well the movements that will occur, so as not to lose money
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kaneki007
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November 30, 2019, 08:03:17 PM |
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But mining also requires quite a lot of costs so that it can run well and generate a lot of profit. And maybe some people choose to invest in IEOs/ICOs because they can get a quick profit when the tokensale or crowdsale is complete
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