You are viewing a single comment's thread from:

RE: Ethereum rally's to $300 and my regrets.

in #ethereum8 years ago

My mistake was attempting to mine Bitcoin. Over time the difficulty factor wiped me out. I would suggest buying the same $'s worth of 3 coins, balanced. If one gets $500 ahead of the others, sell a little (sell high) and rebalance (buy low).

Sort:  

Perhaps you should purchase mining contracts from genesis or hashflare?

i firmly believe genesis and other mining contracts are ponzi schemes. I invested about $1000 a year ago and tracked it closely for awhile... my rewards fluctuated with the price which should not be the case. The amount of coin should go down overtime as the difficulty rises but thats not what I saw.

i use hashflare currently and i have gotten back my inital invest twice over so far, but that was because ethereum rose so much, but yes you should have gotten more if you bought before ethereum went up.

I will def checkout hashflare!

At present, I DO have 3 coin transfers oer day coming from Genesis for Btc, Ltc & Eth.