Quote from: Carmen01 on December 17, 2017, 05:50:11 PM

Quote from: shmack2004 on December 06, 2017, 03:02:16 AM

So I recently got into bitcoin, I can see there is definitely good profit potential so I'm curious on how possible it is to making a living off of it. Mainly on mining but in still figuring out trading.

I bought an Avalon 741 and also using a few high end gpus for mining and making a decent profit on that. (Gpus in 2 gaming pc's I built and a gaming laptop so they just mine when I'm not using them) Currently on nicehash1 but I'm also curious about switching to an actual pool.

I'm thinking to expand and build a mining farm eventually and I think I have a solid plan for that for the next couple years. Basically just buying miners with profits from miners and eventually I know I'll need some kind of warehouse to put them in.

I'm also interested in trading but I don't fully understand it yet.

Any insight and advice would be great, thanks.

that is right to do you need to study more about bitcoin trading because mining is one of the way here to earn,i think also if you earn in mining you can invest some of your earning there in trading but it risky not like your mining that only need a hash and current to earn.If you already know how to mining i think don't risk in trading because you can lose in that atleast add more laptop to do mining for sure profit.

I suggest trading more than mining unless you're willing to risk mining on other alts and trade them to btc because according to most I had read bitcoin mining now is so profitable anymore due to difficulty that keep on increasing and would too several months or even years for ROI.

maribert

Posts

Merits