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Re: "Bitcoin mining is a Big no!"
by
Hans17
on 24/10/2018, 12:21:24 UTC
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?

Basically in the world or industry of mining bitcoin, you need a right amount of knowledge regarding on how and why it's very risky yet profitable. In the case as of now we can see that bitcoin is very low, and some people are using mining to get out of it, to somehow earn. Which is very beneficial because mining is a passive income, and yes its very expensive, well despite the fact that it's expensive. In the end it's all worth it, so for me and for what i believe is bitcoin mining is a big YES.