How I've started making money in Crypto
I've started to make money in crypto using the following three ways:
Cloud Mining: I've put around $15000 into a lifetime Bitcoin mining contract at Genesis Mining. I used several mining calculators online to conclude that its a profitable investment and given Bitcoin's rising price, I expect to make my initial investment back in 6-9 months. I'm using the Exodus wallet and it works great.
I'm regularly upgrading my hashpower at Genesis Mining, i.e., buying more Bitcoin mining power, using my regular earnings to a) increase earning rate and b) mitigate the effects of increased mining difficulty. I've concluded using mining calculators that this re-investment also yields a net profit.
I'm purchasing Gold Grams at Goldmoney.com with some of my BTC earnings. Given that 1 BTC is currently equal to almost 90 Gold Grams, I can stack Gold Grams with ease.
I'm exploring other approaches as well and will be posting about them more in the near future. These include the infamous BitConnect and other actual TradingBot solutions that are up and coming.
More coming soon ...
Let us know how genesis mining works out for you. I've been thing of going for a cloud mining solution myself, but I've been adviced against it.
Great techniques mining crypto! Thank you for sharing this beneficial information with the Steemit community! I have benefited greatly from it!
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Welcome to Steemit! This Post can have many upvote's with the help of the King's Account: @dineroconopcion, It's a Support Group run by @wilbertphysique, @yoenelmundo, and 5 other people that want to help you be a Top Steemit Author without having to invest into Steem Power. Would You Like To Be Part of this Project? Click here, go to group discord where we talk about steemit and cryptocurrency