Safe planning investments to offset debt to recovery .

in #debt-recovery8 years ago

Over the years I know some people including myself have always fall in debt issues . They can be from any amount of reasons . Disability issues , job loss , not enough work to name a few . How can a person recover ? Ill use myself as an example . Im disabled and there are limited amount of things I am allowed to do and get paid for . Some people will say just pay your debts first before putting it into an investment . So I did some talking around and the first thing well off people or wealthy people (those who earn a lot more than me ) whats the interest. Has interest stopped . So in my case yes . So now lets look at some options you can go with and what are some safe level investments to earn offset to recovery . Margin lending on polo. Is one . You purchase coins and you set a rate for lending them out on poloniex . then you get your percent and coins back latest 2 days. Interest from the coins go back to whatever debts you have . Option number 2 would be purchase hash on a reputable site . Why purchase cloud hash ? Reason being the coins got directly to your loans if you set the payout address to them and sites like genesis x11 and eth hash will roi . No fees . But its a limited time you can hold the hash for . Really alls you need to worry is about difficulty . Or try a mixture of both . IN the end you will have your money still and others get paid back .

Thank you for Reading .

Sort:  

I think cloud mining - not the best way to invest your money- very high risk

very true . SHA256 mining is very unstable as they base the difficulty off of btc difficulty . x11 is based off of dash coins difficulty and they limit the contracts for to years no fees . But we all know there is always fees and thats when they sell the hash upfront . Also keep in mind there arent an ASCIIs out for ETH or x11 algos . which killed the roi recovery for SHA256

Yet we should not forget that 95 percent of such services - the usual HYIPs

yes that is why people need to do research before purchasing .

What about the use of cloud have questions and here the work on the stock exchange suits me quite a decent option to purchase on the PPI and prodavt overpriced bad and buying at the bottom at the beginning of the growth of general topic deserves attention

What questions do you have ?

Congratulations @borgminer! You have received a personal award!

Happy Birthday - 1 Year
Click on the badge to view your own Board of Honor on SteemitBoard.

For more information about this award, click here

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @borgminer! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!