Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Page 1 of 2 1 2 LastLast
    Results 1 to 10 of 13

    Thread: Is it worthwhile to engage in mining?

    1. #13 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 83 Times in 84 Posts
      SubscribeSubscribe
      0
      It would be worthwhile if you have enough budget for the resources. Although, joining a mining pool is still fine.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #12 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      You can have good returns once you hold your positions for a long time.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #11 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 81 Times in 81 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by Mr. Cid View Post
      The crypto mining is absolutely worthy if you have the resources and extra money to start your investment.
      That's true. Your share of the rewards depends on your contribution in the mining pool. So the better your resources, the better rewards you can get.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #10 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 175 Times in 148 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      I think most people say "no", but sometimes you just gotta go with what you really want to do.
      Yeah, because they're afraid to invest in Bitcoin due negative feedback found on the Internet.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. The Following 2 Users Say Thank You to Mr. Cid For This Useful Post:

      Unregistered (2 )

    6. #9 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      Crypto mining is a bit complicated nowadays, where the rewards is divided every for years. Aside from that, it is very difficult for the smaller miners to compete because big time miners built huge arrays to mine.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. The Following 2 Users Say Thank You to Newbie_trader For This Useful Post:

      Unregistered (2 )

    8. #8 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 175 Times in 148 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by darexgeorgieviya04 View Post
      My brother was engaged in the production of crypto-currency and for a year he did not get anything because the project was closed. There are a lot of scammers, and it takes a long time to get a crypto currency. To get it you need to have a powerful computer and register on different sites, so that the extraction comes from many sources and then success is possible.
      We should not be discouraged from someone unpleasant experiences. Probably, your brother didn't do any research about his broker. He should have sought advise from the others. Yeah, scammers are everywhere, but if he's careful, he would not lose his funds for nothing!

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. The Following 2 Users Say Thank You to Mr. Cid For This Useful Post:

      Unregistered (2 )

    10. #7 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 15 Times in 16 Posts
      SubscribeSubscribe
      0
      My brother was engaged in the production of crypto-currency and for a year he did not get anything because the project was closed. There are a lot of scammers, and it takes a long time to get a crypto currency. To get it you need to have a powerful computer and register on different sites, so that the extraction comes from many sources and then success is possible.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    11. The Following 2 Users Say Thank You to darexgeorgieviya04 For This Useful Post:

      Unregistered (2 )

    12. #6 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 15 Times in 16 Posts
      SubscribeSubscribe
      0

      Is it worthwhile to engage in mining?

      Perhaps this is the most important issue, which is difficult to answer on this particular day, at least. Everything depends on several circumstances that are constantly changing without our participation. These are the circumstances:

      1. What is the course of bitcoins at the moment. If its rate drops dramatically, it means a potential yield, too. And this means that it will be unprofitable to engage in mining, but the course is not stable and at any moment everything can quickly change in the opposite direction. Therefore, if bitcoin costs $ 500, then mining may not be profitable, but if it costs $ 650, then it is already profitable.

      2. What is the complexity of production at the moment. After all, the more participants and bitcoins in the network, the harder it is to get each new unit. In general, in the future, the production of bitcoins becomes more difficult even without new entrants.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    13. The Following 2 Users Say Thank You to darexgeorgieviya04 For This Useful Post:

      Unregistered (2 )

    14. #5 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      I think most people say "no", but sometimes you just gotta go with what you really want to do.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    15. #4 Collapse post
      sashavich04 is offline
      Senior Member sashavich04's Avatar
      Join Date
      Jan 2018
      Posts
      601
      Thanks
      0
      Thanked 26 Times in 21 Posts
      SubscribeSubscribe
      0
      Yep mine some small coins use the profits from those to trade higher profit coins. Make more money

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    16. The Following 2 Users Say Thank You to sashavich04 For This Useful Post:

      Unregistered (2 )

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •