Quote from: danialzo on December 18, 2017, 03:02:32 AM

Quote from: xxcsu on December 18, 2017, 02:24:48 AM

Quote from: xxcsu on September 26, 2017, 04:36:37 PM

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ?"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
It's little bit of gambling , you must to decide you want to play on the lottery or not Grin

YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners

ORIGINAL TOPIC HERE

Liked the answer! Pretty much telling us the story and 2 different perspectives. I'd say asking this question means that you probably heard the news, don't have enough information nor trying to acquire. IMHO you should look at mining as a long term risky investment (both time and money).

1. Understand the cryptocurrency (no need to know very technical details)
2. Research about the mineable coins
3. Pick few coins you understand, love, and believe
4. Find out how much you can afford to invest (as old saying "Never invest money you cannot afford to lose")
5. Find out what hardware is best matching your budget and coins you love
6. Suggest to think it as a long term investment

Thank you for your advice, I'm interested in Mining and still consider about it, but i just find out a website about investing that they have Mining,you just pay them and they will return the coin for you everyday. When i calculate the interest, it's almost the same( a bit lower) with building a rig and mine. But you dont need to have a big investment at the begining, that why I confuse a lot.

tuananh639393

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