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Should I invest in cloud mining or just lend out loans to people to make a profi
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Topic: Should I invest in cloud mining or just lend out loans to people to make a profi (Read 1974 times)
picolo
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Re: Should I invest in cloud mining or just lend out loans to people to make a profi
November 25, 2014, 02:15:06 AM
#21
Quote from: valvalis on November 25, 2014, 01:10:57 AM
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
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-All Investment Has its Risks and Rewards-
Re: Should I invest in cloud mining or just lend out loans to people to make a profi
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
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Re: Should I invest in cloud mining or just lend out loans to people to make a profi
November 25, 2014, 12:01:13 PM
#23
Quote from: kickbit on November 21, 2014, 10:27:04 AM
You will not get any profit with cloud mining. That's for sure
Only profit you will get is if you have tons of refs. But in both cases its hard call to make.
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bajlox
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Re: Should I invest in cloud mining or just lend out loans to people to make a profi
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.
bit
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Re: Should I invest in cloud mining or just lend out loans to people to make a profi
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...
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picolo
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Re: Should I invest in cloud mining or just lend out loans to people to make a profi
November 25, 2014, 03:41:59 PM
#26
Quote from: gingpark on November 25, 2014, 05:52:07 AM
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.
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