Re: Can somebody (profitably) get into cloud mining for a low cost?
At this point, I'm giving up on mining altogether. After all the hours of research that I have done, mining just seems to be an arms race of who can get the biggest and baddest hardware. It just doesn't seem sustainable in the long-term.
However, what I have been interested in is Bitcoin trading. It seems pretty easy and doesn't require you to invest a lot of money. I made a couple bucks today when the price of Bitcoin went to $252.
However, what I have been interested in is Bitcoin trading. It seems pretty easy and doesn't require you to invest a lot of money. I made a couple bucks today when the price of Bitcoin went to $252.
Trading is not as easy as it seems like. 220-240 circle has just been broken. Good Luck though
I'll have to do more research. I don't have much experience in investing but it seems like the price of Bitcoin is so volatile that its easy to buy low and sell high-ish. Anyway, trading seems a hell of a lot more reliable than mining.
Please dont get too confident. It really might happen to have luck on the start but its similar to gambling. Please only bet small amounts. And only when you learned to read the psyche of markets, then you will turn from gambling to trading.
I learned it the hard way, so be cautious.