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Board Service Announcements
Re: [ANN] CLOUDMINR.IO Mining Contracts || 50k users || As low as 0.0011 BTC / GH/s
by
StevenLiang
on 07/06/2015, 12:33:29 UTC
Totally agree... People hear there is opportunity in Bitcoin then expect to give their money to an investment with the expectation of getting more back with no understanding of the risks, opportunities and liabilities. That type of investing is essentially crazy. If you have no idea what you are investing in then you should not be surprized when things don't turn out as expected. If this type of investor "wins" I would call it dumb luck.

I have made investments for people whom have seen what I have accomplished and wanted in. I no longer do that for anyone because people's expectations are rediculous even when I try to keep them grounded. For example, a friend was upset with the outcome when his investment "only" yielded 300%. He lost half of it to mtgox. When I tried to explain that he was still in the profit he wanted me to partially cover his loss because I had referred him to mtgox. I lost 3X what he did. Another instance someone handed me 10K in cash and I promptly returned It to them when they could not even log into their email to send me information that I needed. People think that  if they give  money they can reasonably expect to get back much more without any understanding of what they are doing. For me this is the opposite of what Bitcoin represents. For me Bitcoin facilitates financial independence but the thing is when you are independent you have duties and obligations one must manage for one's self and those personal responsibilities can not reasonably be delegated without the expectation of risk.

-Mulletwang
Agree, each of us had our own risk. And its not wise enough if something bad happen and you blame that matters to another person. You're the one who make that decision from beginning. Although is hard to find a legit Mining site in nowadays but this site is not Red Flag company for me. keep careful.