Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Phally]

Hi All!

I just started with Crypto currencies about a month ago.
The news and data on social media grabbed my attention and interest to follow it more closely and detailed

Starting with reading a lot of reviews and YT videos helped me starting out
I started from the basics by mining and gained quite of insight by using several miners to pools, with the aim to get more profitability

My initial investments where on sites as Coinbase and GDAX to get things started, which has evolved in to cloud mining and lending programs. As I do not have much capital, my budget stayed below 800 dollars with the aim to reinvest and store BTC in my wallets

I bumped into beer money as I was looking for reviews and the clean interface and amount of users incl comments were very encouraging.

Very looking forward to participate and learn from experiences!

Grt
P

 

[BMF]

Welcome to BMF buddy!

I'm sure you will find lots' of ways to earn cash on the forum.

 

[Crystal]

Hi, welcome,
there it is, the most common mistake of the new comers in crypto , donating money to cloud mining websites.
I was same like you, i have deposited money in few cloud mining websites and i assure you so far most of them are already closed and the ones which are still online i still have money to recover (small amounts of course).
For example on hashflare after 1 year and 6 months i have recovered only 16,36% . It will take you years to recover donated money if the websites will not disappear.
Instead of depositing 0.005 BTC to a cloud mining how about to give it to me and i will send you back in 2 days only 50% ?
There are fees to pay for network and thats why i send you only 50% . After 2 days when you receive the 50% you will realise "What i have done ?" but believe me you won't find such good deal on cloud mining websites
Will you do it ? No you don't..you will prefer to deposit more to a website and pray and hope that in 2 years you will recover at least 100% of your money IF the website is still online. Not to mention if the website has reinvest option then definitely is a ponzi scheme.
This is how cloud mining websites work. So far i have 2 people to my ignore list here because of their lies and bullshyts about profitability of hashflare. You will find many people saying how wonderful are cloud mining websites, perhaps they are from staff m internet is full of fake comments and pictures . Just don't be so naive and don't waste your money.