Bitcoin Forum
June 30, 2024, 11:46:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Should I invest in cloud mining or just lend out loans to people to make a profi  (Read 1974 times)
picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
November 25, 2014, 02:15:06 AM
 #21

I'm not say cloud mining is bad, 'cause I've got ROI. But, I think invest cloud mining in this time is bad choice. Except in the near future bitcoin price immediately rose.

If you make money because of a rise in the BTC price but you get less BTC that you could have bought up, you didn't made ROI in BTC
gingpark
Member
**
Offline Offline

Activity: 99
Merit: 10

-All Investment Has its Risks and Rewards-


View Profile
November 25, 2014, 05:52:07 AM
 #22

I believe it is too risky especially nowadays to invest into either of those. To me I think I will just be too stressed out after putting my BTC down as either can just run away with it.

And most of the people asking for loans doesn't seem to have anything close enough as collateral for the amount they will ask.

So I guess to me more of buy and hold when the prices are low as they are at the moment.

BTC: 1GuhJeyccy7Y39TCPLcBPxuYaXQotsWzfZ
LTC: LhrLbraxjQHy1r7EU37wJhWsHvTMVmnZm9
azguard
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Crypto-News.net: News from Crypto World


View Profile
November 25, 2014, 12:01:13 PM
 #23

You will not get any profit with cloud mining. That's for sure Smiley

Only profit you will get is if you have tons of refs. But in both cases its hard call to make.



              ▄▄▄██████▄▄▄
          ▄██████████████████▄
       ▄████████████████████████▄
 ▄▄  ▄████████████████████████████▄
███████████████████████████████████▄
 ▀▀█████████████████████████████████▄
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ▀████████████████████████████████▀
    ▀██████████████████████████████▀
     ▀▀██████████████████████████▀
        ▀██████████████████████▀
           ▀▀▀████████████▀▀▀
.
.....
.....
.....
.....
.....
.....





bajlox
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
November 25, 2014, 12:04:14 PM
 #24

Profit can be make trading and some working here on forum. For your choices dunno hard to make.

Be wise.

cassimares
Full Member
***
Offline Offline

Activity: 236
Merit: 100


View Profile WWW
November 25, 2014, 01:19:20 PM
 #25

Cloud mining profitable isn't as bad as everyone think, especially now when hardware is cheaper then shipment charges. You can actually get a better deal buying cloud mining...

picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
November 25, 2014, 03:41:59 PM
 #26

I believe it is too risky especially nowadays to invest into either of those. To me I think I will just be too stressed out after putting my BTC down as either can just run away with it.

And most of the people asking for loans doesn't seem to have anything close enough as collateral for the amount they will ask.

So I guess to me more of buy and hold when the prices are low as they are at the moment.

You can have high rates of return when you invest bitcoins but the risk is very high. Lenders or Bitcoin sites with a lot of traffic make a lot of money.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!