Post
Topic
Board Trading Discussion
Re: Best Investments
by
jackg
on 03/12/2015, 20:02:06 UTC
In my opinion, best investment for bitcoin is Cloud Mining..

Most cloud mining services turn out to be ponzi schemes, It's honestly not a very good idea to use cloud mining when there are other better options out there.

the main problem i can see with them, is that you need to trade to reach roi, you need to sell at some point your miner, so in the end it's not a cloud mining anymore

it's more like trading with hash instead with coins, therefore if you're not a good traders it's better to avoid

Hmm I didn't know that, I personally never invested in any cloud mining service, I know there are legit ones but I was never interested because it seemed risky as fuck. I thought you only had to buy hash power for bitcoins in order to gain more bitcoins.

He is talking about the market sales. And, yes, you would sell on the market in order to reach a faster ROI as the value of the hashes go up! I am quite a good trader with digital goods, and am going to sell as soon as i reach an ROI (inclusive of sales on the market) + Some extra funds! From my 9mbtc, I want TEN!