Started with cloud mining

Today I started with cloudmining and bitcoin is the coin on my mind. Didn't spend that much at first. Around 1000 USD but now when I'm seeing it mining I thought of go all in and reinvest all my earnings for more power. I don't know if I can call it crazy but I fall into the category of people that take risk!

What I'm thinking of is to reinvest my earning in hashpower after I checked this video out

I want to clarify that I don't see cryptocurrencies as real money, BUT I will stand behind it as better choice than fiat currencies. I'm against money created from thin air by a small group of people that has control of the money supply. This is not a safe way to go and I understand the risk of losing my money in this.

If you want to do cloud mining then register at Hashflare and go the safe way and withdraw the earnings to make up for the expenses for the cloud mining service or do like I'm doing and reinvest some of the bitcoins in buying more hashpower. I will share my referal link and help me out by using my link to buy mining power at Hashflare.

https://hashflare.io/r/79881D7C

Useful links
Mining calculator:
https://www.coinwarz.com/calculators/bitcoin-mining-calculator

Difficulty chart (How difficult it is to earn from mining)
https://www.coinwarz.com/charts/difficulty-charts

Calculator for counting how much you can make with reinvesting in mind as you see in the clip:
http://compoundaily.com/

Remember that if the difficulty increasing to do mining, your return of investment will take longer time to achieve. Would advice you not to reinvest all of your earnings because the difficulty can go up for mining bitcoin.

This is taking risk. ONLY INVEST MONEY YOU'RE PREPARED TO LOSE!

50 cent said it "Get rich or die trying" ;)

Take care!

/Baselito