Money Talk

Is Crypto investing risky or profitable?

Submitted by zonit, , Thread ID: 127978

Thread Closed
12-04-2019, 12:23 PM
#1
I'm thinking of investing around $3,400 USD into a mining rig that should make me about half a bitcoin per month.

RE: Is Crypto investing risky or profitable?

#2
id put in as much market research as possible for this kind of thing, people seem to have an unrealistic idea that BitCoin will always be on the rise, but that is not always the case, sure it may peak again but nobody really knows, its all about knowing what your investing in. Learn the trends and see if its really worth the investment. Just remember that you'll be shedding out extra for the massive amounts of electricity you'll be using whilst mining, calculate that into the equation and check potential profits, may not be what it seems.
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RE: Is Crypto investing risky or profitable?

#3
It can be profitable but just do your research first. If you really want I'm pretty sure you can get the machine to also mine NulledBB credit.
I'mlonely

RE: Is Crypto investing risky or profitable?

#4
The risk of virtual money is uncontrollable. It's crazier than stocks.

RE: Is Crypto investing risky or profitable?

#5
at this time every Crypto investing very risky.............

RE: Is Crypto investing risky or profitable?

#6
Mining bitcoin is not necessarily the most profitable thing you can do. Also, bear in mind that your electricity costs will change.

RE: Is Crypto investing risky or profitable?

#7
there is no profit without risk invovled, if you can't not take the risk of invesment, you can make money. And the biggest investment? Time

RE: Is Crypto investing risky or profitable?

#8
well if you talking about profit then you have to take risk because no risk no gain , its risky ofc but if you do it properly and have patience then you will get huge profits , its still gamble though.

RE: Is Crypto investing risky or profitable?

#9
From my point of view it can be profitable but that depends a lot on the coin that you choose to invest your money in

RE: Is Crypto investing risky or profitable?

#10
mining btc is risky af, its hard getting your money back before difficulty increase. i doubt you can earn half a bitcoin with 3500$ investment into GPU

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