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Old 03-04-18, 02:01 PM   #1
 
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Default How effective are cryptocurrencies for earning money?

Are they also safe? I'm thinking about trying them but really unsure if it's worth it.
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Old 04-04-18, 10:33 AM   #2
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Default Re: How effective are cryptocurrencies for earning money?

Are they safe? Kinda
Will you get rich? Maybe
Is it worth it? Only if you can afford to lose the money.

As with all forms of investment. If you would not be in any financial trouble, or wouldn't mind losing that money, if whatever you invested disappeared - then feel free to go for it.








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Old 06-04-18, 04:10 AM   #3
 
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Default Re: How effective are cryptocurrencies for earning money?

Quote:
Originally Posted by Purple_Star View Post
Are they also safe? I'm thinking about trying them but really unsure if it's worth it.
Cryptocurrencies are good for making money and yeah, there's always a possibility that you can become rich with them, however that happens not so often because of their prices changings. Everything depends on prices in their case and considering how fast and unpredictably they change sometimes you can really earn almost nothing or even lose all your capital :( Because of that some people consider them as scam but that's definetely not the truth and it was proved by many experts https://www.thestar.com.my/business/...itcoin-a-scam/ . Also strategy for making operations with them is important too, there are very many of them but the most popular and profitable are mining and trading & buying. In case of the first one you need to make calculations and build your own unit with the help of special equipment and in case of the second one you just buy bitcoins for example for lower prices and then sell them for higher ones. Both of them have their pros and cons, however classic mining is a rather expensive thing because you'll need to spend really much for hardware and software equipment and also electricity. Cloud mining as an alternative can be used too, in this case you just sign up a contract with cloud mining company and pay only for its service but you'll get profit only if it's not a scam. For such companies experienced miners recommend only Genesis Mining, Hashflare http://hashflarecode.com/ , Eobot, Hashing 24 and Hashnest because they're the safest and have good reputation history.
Also having a start capital before investing in cryptocurrencies is a good thing too.




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Old 08-04-18, 02:07 PM   #4
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Default Re: How effective are cryptocurrencies for earning money?

You're 2 years late, forget it for now.








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Old 09-04-18, 02:52 AM   #5
 
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Default Re: How effective are cryptocurrencies for earning money?

I once bought some bitcoins and such cause my bank offered to buy crypto-money.
never used it for paying. At that time, I needed my dad's permission to make this purchase.

I don't know exactly how much this v-money is worth today, but as it nowadays falls and rises, because of those idiotic speculators, I better handle it like the equity funds that my parents and grandparents have laid out for me - let it (hopefully) grow, eventually, or buy some new stuff to it.

But I guess, it's better to restrict it to in buying new stocks to equity funds. Or expanding my my precious metal stock portfolio etc.
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Old 20-05-18, 02:58 AM   #6
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Default Re: How effective are cryptocurrencies for earning money?

Most investors come to the ICO market for quick money. You can get hundreds of percent profit in this market as follows: buy tokens of the project and wait until the business is successfully launched, and its coins will increase in price. Then you should sell the asset, fixing the profit. For example, the tokens of the ARK project, which was released at the ICO in 2016, cost $ 0.1, but a year later their price rose to $0.79. It was almost 8000% per annum! At ICO Pulse they are willing to take risks in the hope of thwarting such a jackpot. If you are interested in cryptocurrencies then you definitely should visit this site - https://icopulse.com/blog/how-buy-cr...rrency-canada/
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Old 23-05-18, 03:39 AM   #7
 
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Default Re: How effective are cryptocurrencies for earning money?

I recently used bitcoin mixing service. It really blew me off when I knew its features. Firstly, it has a user-friendly design. Secondly, it provides all the necessary information in many languages like English, Korean, Chinese, Malay, Portuguese, Japanese, Spanish, Italian, French, Russian and German. I can go on but I think I've made my point why I chose this one.
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Old 23-05-18, 05:10 AM   #8
 
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Default Re: How effective are cryptocurrencies for earning money?

now thats new. a advertizing male bot
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