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[microunit]

As we are nearing the halving even of btc, btc already hit 10k$ and is now fluctuating around that price. which is better? buy btc and hodl it or invest in cloud mining? investment is good for he next 6-12 months before btc reaches high prices

 

[Brain]

Cloud mining doesn't seems profitable to me especially with the high cost of power but investing is a lot better, maybe buy now hold and sell when it will be profitable

 

[KarthikP]

Don't buy Bitcoin at this high price , most probably Bitcoin won't go higher than $14000. If you have already some Bitcoin , it is better to hold it. Let's see the effect of halving

 

[KarthikP]

You can hold, because if you hold a cryptocurrency, you will benefit at once, but I don't like cloud mining, because it requires a lot of tools and money, so I don't do cloud mining, you hold a cryptocurrency. It would be better if you keep it

Cloud mining doesn't necessarily require tools and rigs. You just need to choose a mining plan and wait for your profit. But sad thing is there any not many cloud mining sites that are legit except few like Bitluck , viabtc

 

[KarthikP]

I will not ask you to invest with bitcoin now, because the price of bitcoin is good now but its price may go down, so now you hold bitcoin, and I do not like cloud mining, because mining site is fake, you will waste time on mining site No.

There are some legitimate cloud mining sites such as bitluck , eobot and hashflare but our profit also depend on bitcoin price. So trading bitcoin is much better.

 

[a_jerobon]

As we are nearing the halving even of btc, btc already hit 10k$ and is now fluctuating around that price. which is better? buy btc and hodl it or invest in cloud mining? investment is good for he next 6-12 months before btc reaches high prices

I think I prefer holding to cloud mining. When you hold the bitcoin, it will be at the safety of your wallet. But when you put it in a cloud mining site, you risk loosing it when the site goes scam. Moreover, most scammers are using this time to eat off people. One should do alot of research before investing in a site and you only invest what you can afford to loose.

 

[KarthikP]

Im doing cloud mining because you can leave it alone. It will mine even you are offline and you can earn without a investment on it. You can earn buy waiting until you can withdraw.

Can you tell me that legitimate cloud mining site that doesnt require any investment ? SO far never saw any mining site without investment.

 

[SCAMEXPOSER]

I doubt if there is any legit mining sites that don't request for investment except for all those micro mining sites that are not way better than claiming faucets.

 

[KarthikP]

I doubt if there is any legit mining sites that don't request for investment except for all those micro mining sites that are not way better than claiming faucets.

Like what are the examples of those micro mining sites? One such example that I am aware of is electroneum and another it's pi cryptocurrency which still is in developing stage.

 

[SCAMEXPOSER]

Like what are the examples of those micro mining sites? One such example that I am aware of is electroneum and another it's pi cryptocurrency which still is in developing stage.

I can't recall most of them now but I recall that some of the faucets available on faucethub them also claim to reward through mining which were nothing to do with.

 

[KarthikP]

I can't recall most of them now but I recall that some of the faucets available on faucethub them also claim to reward through mining which were nothing to do with.

Yeah that was nothing actually. It was like 1 Satoshi earnings in an hour or more lol. And that also was responsible for my computer to get stuck in between.

 

[SCAMEXPOSER]

I advised lots of people then not to weaken the CPU of their system as the earning was not worth but because most of them are very new then in Crypto they were eager to earn .

 

[microunit]

I think I prefer holding to cloud mining. When you hold the bitcoin, it will be at the safety of your wallet. But when you put it in a cloud mining site, you risk loosing it when the site goes scam. Moreover, most scammers are using this time to eat off people. One should do alot of research before investing in a site and you only invest what you can afford to loose.

There's actually some legitimate cloud mining sites though you just have to do research properly . Don't believe in those hyip cloud mining sites that offers roi in just a few months

 

[microunit]

Like what are the examples of those micro mining sites? One such example that I am aware of is electroneum and another it's pi cryptocurrency which still is in developing stage.

There is a coin which you can integrate to your site to do micromining though . I think the name is JSEcoin if i remember ot correctly . It claims to use less than 30% stock power of the visitors pc to do mining

 

[Balint098]

I think the name is JSEcoin if i remember ot correctly . It claims to use less than 30% stock power of the visitors pc to do mining

It bogs down my visitors' computer and draining their internet bandwidth, a lot of people dislike it, so if you care about your site and your visitors, don't integrate it.

 

[microunit]

Cloud mining is the best for this time because you can earn some money even if you are offline. You can away from keyboard and you can rest. Thats the best.

though you need a big investment for cloud mining , without big investment big from cloud mining is impossible, and it's a long term investment

 

[microunit]

It bogs down my visitors' computer and draining their internet bandwidth, a lot of people dislike it, so if you care about your site and your visitors, don't integrate it.

I see that's why, Cause in the past where it just launched lots of sites integrated it, and nowadays I barely see any site that still uses it

 

[Balint098]

I see that's why, Cause in the past where it just launched lots of sites integrated it, and nowadays I barely see any site that still uses it

Only people who are prioritizing money integrate that miner onto their site, they don't care or don't know that that miner will reduce the traffic to their site to zero fast enough.

 

[KarthikP]

There is a coin which you can integrate to your site to do micromining though . I think the name is JSEcoin if i remember ot correctly . It claims to use less than 30% stock power of the visitors pc to do mining

Yeah I knew jse coin when I was using faucethub. I don't have my own sites like faucet. Can I still warn jse coins through mining without having any site?

 

[microunit]

Yeah I knew jse coin when I was using faucethub. I don't have my own sites like faucet. Can I still warn jse coins through mining without having any site?

Yes i think so . Jsecoin has their own site where you can mine jsecoin . I've tried mining there in the past though idk what to do with my jse coin lmao