Eureka_07
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September 01, 2020, 04:30:02 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
If you were to ask me, there is still no easy thing that we can do for us to earn some bitcoin/money. Though the easiest bitcoin participation should be service offerings and joining signature campaigns since you just do normally what you offers. Bounty hunting nowadays less likely to be connected with bitcoin, and most of the time, bounty hunting is for altcoins. You cannot literrally mine bitcoins on any smartphones or personal computer that you have(even if they have the highest computing power of all smartphones/PC). Bitcoin mining requires an equipment exlusive only for mining bitcoins. You can't mine bitcoins on your phone or computer, but you can mine altcoins on it.
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LimLims
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September 01, 2020, 04:41:03 PM |
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To be honest i haven't done mining yet. But yes have heard many things about it from my friends. For mining you need strong internet and electricity and if we see it practically then it's impossible for only one person to this. But Yes you can go for cloud mining but that too will yield you with small profit. Trading might be a good option as you will get huge profits, but at that same time you may also face losses. Same goes with Gambling as that of Trading, equal risk of profit and losses. Yes if you have plenty of time left to spend, bounties can be a great choice, it's zero investment but you need to dedicate some time to it. Hope this helps you OP to understand things better.
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rexxarofmoknathal
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September 01, 2020, 05:25:34 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
As you already said it, for mining you need to start with a lot of investment first, you need some equipment to start off and think about it even if you do manage to mine a few blocks that probably won't earn you much when you're up against pros who can invest in the largest computers CPUs etc. Thus, the only two viable options without prior investment is bounty hunter and trading. The trouble with bounty hunters is that you mainly get paid in tokens and so you're not actually 'earning', only if you get lucky the token might get listed but this is not the norm. With trading, on the other hand, you can start but then again you need to have some money and some knowledge in order to make profits, and it is risky if you're not sure about how to interpret the market volatility. These are some of the pros + cons for the options available. Only you can decide for yourself which one suits you best. Hope this helps.
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Kez1817
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September 01, 2020, 05:26:16 PM |
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I think trading is the easiest way to work with bitcoin as long as you have knowledge about it and you have enough capital. In joining campaign ,mostly they pay the hunters with altcoins ,so they need to exchange it first into bitcoin.
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CarnagexD
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September 01, 2020, 05:59:36 PM |
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I dont have much experience with mining but I think I prefer to do trading altcoins to earn bitcoin. Bounty hunting is also a fair share but if you want to maximize reward, trading is the best as long as you know the right entry and exit point.
Nah I'd say bounty hunting sucks these days, you can hardly find a project that is legit and paying ones, I know there are projects that pays weekly but the expense of that is the price will dump each week giving you lesser and lesser fair. Mining on the other hand is expensive, you need equipments and all, place for the entire rig and maintenance. The expenditure on trading is your money
As for the rest I think it is the easiest to do, you just need some time to learn it.
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bitzizzix
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September 02, 2020, 06:08:01 AM |
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I personally prefer to buy bitcoin when the price is low according to my capital and I will hold it for the long term to sell it back when the price rises to my liking for maximum profit, and also participate in signature campaigns and other prize hunting. and besides that I also sometimes trade for the medium term only for small profits, and to mine I haven't done it because it's not my ability to do that.
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wanted sliter
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September 02, 2020, 04:37:15 PM |
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I don't think it's easy to create value out of the crypto market. Remember that miners have been rich and failed in the market many times, bounty hunters have been numerous in the past and now very few are pursuing this path. I think content creators always have work to do. They write articles every day, they give news, they make comments and they also explain about technology. I think they are the market's closest followers. I find staking and holding tokens of trading platforms that help them create value. Token holders of the platforms have a daily sum due to transaction fees from traders and they have an advantage in organizing IEOs.
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goldade
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September 02, 2020, 05:16:10 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Just like you said, mining is very hard to make profits from. I laugh because you wrote 'it tends', it in reality do take a massive effort to be successful in mining. Good electricity, good mining waller, computer with good capacity. Mining requires a lot of power to be successful. I do believe that the easiest to work with is to participate in signature and bounty campaigns. Although this doesn't bring as much profit as trading, it is requires no risk as compared to trading which is very risky especially if you do not the required knowledge and skills.
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iyamoxjhian
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September 06, 2020, 01:51:50 PM |
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I think that depends on skills and resources.. some of us enhanced in doing bounty as they lack resources but has skills and techniques in doing bounty...some of us have resources and can provide the needs in mining and some of us can do investments of buying cryptos and trade it...but the secret among those is you enjoy what youre doing because if not whether you win or loss you enjoy nailing it and happy for whatever result may come out.
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pragna
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September 06, 2020, 02:27:12 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Obviously BTC buy, trade and some hold for future. Yes you are right that mining is very risky matter and need huge experience for mining and at the same time miners need high configuration computer and internet also. Otherwise all investment will zero. Better trading by BTC in different coins by research is more easier. I personally know a man who invest his everything in minning but lost full investment as he has limited experience. So finally trading and investing in good project is the best. thanks.
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minairia3
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September 06, 2020, 02:41:06 PM |
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I personally prefer to buy bitcoin when the price is low according to my capital and I will hold it for the long term to sell it back when the price rises to my liking for maximum profit, and also participate in signature campaigns and other prize hunting. and besides that I also sometimes trade for the medium term only for small profits, and to mine I haven't done it because it's not my ability to do that.
This is the most effective way and safest at all. Its good that signature campaign paid btc and we can used that for investment too. Actually for now this is the only way I can see better than others like airdrop.altcoin campaign is also good but its rare to see a project that really become a gem. OP I suggest that look into more ways but always signature campaign is the best. Trading also but you need to be careful due to volatile market.
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sulendra12
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September 06, 2020, 03:39:26 PM |
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I think for now bitcoin mining is not choice if u dont have mining farm, anyway if you still curious about how bitcoin mining work you can still try deposit some small amount to miningrigrental or try cloud mining like genesis.
I would rather to avoid cloud mining if possible, even though people claimed its legit but you have to invest and the amount of time you have to wait to actually hit the ROI is really insane and there is the biggest risk that could possibly happen, just imagine the website is shutting down, what would you even do then?
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VanityWallets2015
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September 06, 2020, 04:10:16 PM |
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I personally prefer to buy bitcoin when the price is low according to my capital and I will hold it for the long term to sell it back when the price rises to my liking for maximum profit, and also participate in signature campaigns and other prize hunting. and besides that I also sometimes trade for the medium term only for small profits, and to mine I haven't done it because it's not my ability to do that.
This is the most effective way and safest at all. Its good that signature campaign paid btc and we can used that for investment too. Actually for now this is the only way I can see better than others like airdrop.altcoin campaign is also good but its rare to see a project that really become a gem. OP I suggest that look into more ways but always signature campaign is the best. Trading also but you need to be careful due to volatile market. I agree with you. Participating to signature campaigns could be one of the easiest and safest to work with. While knowledge about what you are getting into is necessary whether it’s a campaign, trading or even mining. Also, I agree that mining these days are more risky than ever and requires tremendous investment of time, effort and electricity.
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pixie85
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September 06, 2020, 04:18:34 PM |
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Is bounty hunting for Bitcoin even a thing?
Many people are involved in mining, but more in mining altcoins because it's cheaper. Bitcoin mining is viable only in a few locations around the world or with big money invested, like with those people who bought a power plant in the US for the purpose of mining.
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kryptqnick
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September 06, 2020, 04:45:11 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
I know a guy who did some Bitcoin mining years ago. Even though he had almost free electricity, he was not really getting any profit at the time of mining (it took about half a year to compensate the sum he paid for the miners, and then the machines slowly started to crash). The miners were significantly loud and required regular oversight. In the end, he mined a significant amount of BTC and could be in massive profit if only he did not sell them all at a low price (this all was before Bitcoin went up to $20k). Bounty hunting seems quite useless to me because most tokens are worthless. Trading is also not for everyone. There was a time when you could buy some top coins really cheap and just wait for a few months to get awesome profit (it did not last long, and it's not the case anymore). Right now, I think there's no easy money, like usual. But an easy and potentially rewarding thing is, as always, to buy Bitcoin and hodl.
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khaled0111
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September 06, 2020, 06:43:43 PM |
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The only way to earn bitcoin without risking too much from the examples you stated is bounty hunting. You only risk to waste your time and energy promoting projects that most likely will die before even reaching an exchange.
Regarding mining, it's not as easy as it may sounds. Lately, mining become costly and not that profitable. You practically will earn ~0$ by mining using a smartphone or even a high spec computer so better forget about this idea.
Trading, in the other hand, can be very profitable if you have the right skills.
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Baofeng
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September 06, 2020, 07:27:31 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Bounty hunting could have been profitable in 2017, when all the hype around ICO thing. Mining through cellphone? as you have said it's just a waste of time. And you are late if you think you can solo mine. Almost everyone here trades, because that's the where the money is. Of course, you can try staking if you wanted to get yourself into alt markets, but there is a huge risk. So I will prefer trading, at least you have total control, it might take some time for others to learn the tricks and trade, but it's gonna worth it specially if you seen money coming in.
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Rengga Jati
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September 06, 2020, 09:52:40 PM |
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Because I have no experience in mining, I will not comment on it. But every way (mining or others), will always have its own positive and negative sides. compare them wisely in order to pick the best one.
About the easy ways to earn profits or BTC, actually, joining a signature with BTC payment is the easiest one. You can earn some BTC from joining the signature campaign. But, the difficulty is when you are building your account rank and when competing with other people to join in that kind of signature campaign. However, do not worry, as long as you have a good contribution always tot his forum, you will get it. Always try the best as we can.
However, if you want to get the exact profits, daily trading is good ideas. You can learn about future trading and other types of trading. This will also give you high profits if you know how to analyze the market.
The conclusion is like what I said before that there are no exact easy ways to do if we still think about "it is difficult. I can't do it easily" and others. but, once we have enjoyed our ways and strategy one earning BTC or profits, you will feel that what you have been doing is actually easy and simple.
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Cryptoreflector_666
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September 06, 2020, 10:00:25 PM |
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I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?
Bounty hunting could have been profitable in 2017, when all the hype around ICO thing. Mining through cellphone? as you have said it's just a waste of time. And you are late if you think you can solo mine. Almost everyone here trades, because that's the where the money is. Of course, you can try staking if you wanted to get yourself into alt markets, but there is a huge risk. So I will prefer trading, at least you have total control, it might take some time for others to learn the tricks and trade, but it's gonna worth it specially if you seen money coming in. There is an easier way to trade without risk, it is to copy the trades of more experienced traders. Almost any site has a function for your account to fully copy the transactions of any account you choose as a percentage. Here you do not need deep knowledge and you fully trust a professional. But if he loses everything, there will be no one to blame.
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MCobian
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September 06, 2020, 10:03:02 PM |
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I can be sure that for those who have small capital like mine, mining is not the best choice for making money. Because there are many costs that must be paid, mining for now is no longer profitable. Therefore there are so many cloud mining scams right now, my advice is that we better focus on trading, which is clearly more profitable.
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