Quote from: wxa7115 on November 15, 2016, 05:54:43 PM

Quote from: BitHodler on November 15, 2016, 04:50:28 PM

Quote from: TheGodFather on November 13, 2016, 09:54:41 AM

it's less risky if you invest your btc in gambling sites it's more stable for your source of income.

Less risky? Having a third party control your coins, where you also depend on that entity to see its bankroll being filled up by people losing to the house, is far from a safe and reliable source of income.

Quote from: TheGodFather on November 13, 2016, 09:54:41 AM

investing in cloud mining is too risky many cloud mining has offering that you can gain more btc but all of cloud mining is a scam. don't trust cloud mining it's all scam.

Cloud mining is an industry that people should stop looking at. Mainly because of the many scam sites with unrealistic return offers and their nonsense life term contracts.

Putting the fact that the far majority of the cloud mining sites are a scam aside, I must also note that investing in legit cloud mining sites is also something you should avoid.

It's far from profitable due to the block halving and the constantly increasing difficulty, and thus you are wasting your time and money if you proceed to invest anyway. But then again, people are free to choose.

Until proven otherwise every cloud mining website must be considered a scam until incredible strong proof appears contradicting that assumption, that basic rule will save you money in the long run.

The legit cloud minings are really mining crypto-currencies, different from the Ponzi HYIP schemes. But it doesn't make much difference, because it's no profitable anyway... A legit cloud mining doesn't promise you a lot of fast profit (different from Ponzies), they promise a small income for LIFETIME, looks really good. But when the days, weeks pass, we see that the small income is near to 0, so it doesn't worth.