Money Talk

Getting into Crypto

Submitted by TJCypress, , Thread ID: 112512

Thread Closed
24-12-2018, 12:28 AM
#1
I was wondering on a few easy ways to start with cryptomining.?

I am a college student and I dont pay energy bills on my dorm so I was wondering if that was a way?

RE: Getting into Crypto

#2
i owuld recommend buying bitcoin but im no crypto god

RE: Getting into Crypto

#3
To be honest, mining is coming to an end. It's just not worth it to mine when there are huge mining farms eating up every block. Also your college could see that you have extraordinarily high power usage and make you pay for it. I'd say just stick to trading crypto. Find a currency you like, buy some and watch the price. Buy low, sell high.
Good luck

RE: Getting into Crypto

#4
It's almost the end of this kind of money making system. Sadly enough i couldn't try it.

RE: Getting into Crypto

#5
COOL... GREAT JOB YOU GUYS ARE DOING HERE. KEPP IT UP. NUELEED TO THE MOON

RE: Getting into Crypto

#6
The buy-in for a mining rig is way too high to make decent money off of it now. Not having to pay for energy consumption is fantastic, but you aren't going to be seeing huge gains unless you start mining a coin that has a low difficulty level, holding onto it, and then selling it once it goes up in value. It's essentially gambling/playing the cryptocurrency market but investing in a coin with hardware and your time instead of money.

If you're looking to make money, you'd probably be better off just day trading on exchange websites. It may be a good idea to mine something to get some coins to start trading.

RE: Getting into Crypto

#7
theres a wise saying , never invest more than you are willing to lose, so... its upto u

RE: Getting into Crypto

#8
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RE: Getting into Crypto

#9
I thought EOS was POS and not POW? and i guess its better to mine Eth and convert to EOS for better bigger gains?

RE: Getting into Crypto

#10
If you can pick up some cheap hardware on craigslist it may be worth it to mine and hold

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