Post
Topic
Board Bitcoin Discussion
Re: Great way to make Bitcoin!
by
poetra2501
on 23/01/2017, 15:52:18 UTC
If someone give me only two options invest my money in hyip website or put my money in mining, i am sure i am will choose put my money in mining bitcoin. Although mining also have a risk but better i choose it rather than hyip. I think hyip is not good to do. Many peoples was scammed in hyip and loss a lot of money.
Risk exists everywhere, difficulty mining growing. Requires more powerful equipment and more electricity costs and the price of Bitcoin can always go down to the level of unprofitability, it is as lucky.

Mining bitcoin is not very profitable anymore, but you can mine some other coins, which can still bring some profit to you (Monero, Zcash, ...) and then convert them to bitcoin.
Converting them to btc will also open the door to trading markets for you, so then you can increase your profit by trading as well.
i think mining bitcoin or any other currency is not such an easy job, and everyone cannot afford mining and specially people from the backward countries they cannot afford mining expenses, therefore to me i think alt coin trading will be the best option for them. as they can trade any alt coin every with investing a little amount of bitcoin.
Yeah bitcoin mining is very expensive but I think in the current scenario its profitable. For mining altcoins also I think one should have GPU .
If you are planning to mine in normal computer its very difficult to get profit. Instead of mining it will be better to join in some PTP site.It will give you more profit. Currently I am Doing that . Just everything in otohits and sit back .By evening you will get few satoshis . You wont get much . But atleast something. Among altcoins only 2 coins I think we can mine with normal computer burst coin and storj coin.
That too if you mine whole day also you cannot make the income what PTP site is giving. Its my experience.
That's reason I am looking for bitcoin on this forum, by joining the signature campaign and any bounty campaign,
my purpose is for capital mining - bitcoin or altcoin - that is my goal. Because I am sure with the mining could give us for long-term benefits