Genesis Mining For My Daughter

in cryptocurrency •  7 years ago  (edited)

Today, I opened a new Genesis Mining account for my daughter. I'm hoping that this will help her with getting a good financial head start in life. I've set up her wallets to receive her daily payouts as well. She has her own promo code which is listed below. If anyone uses it and helps her out, just let me know and I will do my best to hook you up in future upgrades on her account. I also want to give a big THANK YOU to @ThomasGutierrez for being the first to use her code and help her out. I can't express my gratitude enough online and I am so grateful I have you as a friend.

Also, everything that is earned from this post will be used to upgrade her account.

My Daughter's Promo Code: 1iO0Cp

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You may want to consider that it may be possible to be more profitable just buying the coins. Even if you buy a contract and the coin value triples to make the contract you bought profitable you would have been better buying the coin. I found this great article where the guy seemed to do a ton of research. Seems like the most profit comes from the affiliate program which is sketchy in my opinion. https://99bitcoins.com/genesis-cloud-mining-review-scam-legit-investment/

Thats pretty good bro, keep it up always look out for the young ones

I love this. You are a great father!

That's a pretty cool thing to do friend.

Good idea, get her hooked up with some open ended contracts

You can post your code on @coderotation's blog. It's a (new) community to rotate/share/trade codes and discuss/influence about mining/crypto :D I hope the little one gets a lifetime of awesome BTC payments etc :)

That is some really good info, bro.

aww :)

great idea!

Great idea!!!

Awesome thing to do, Genesis Mining isn't going to really give you a ROI though; they're notorious about 'skimming' the profits down to nothingness ahead of schedule.

Can you explain this to me in more detail? I need to stay ahead of all crypto info. Thanks!

The payout reduces everyday by an average of 2-3% depending on the coin. It has to do with the mining difficulty. So basically you can't get ROI and you would have been better off just buying coins and holding instead. The only people who make money are the bloggers that convince everyone its a great idea and get loads of people using their code

Nice you invest in your daughter. But I am not a fan of genesis. Investing in some crypto is a better idea in my opionion. But each to their own.

Yeah no ROI in genesis. Looks good at the start but then falls away quickly

Family is always number one!

It is a great idea friend, do as your daughter and our children will have a future assured they have it insured. I congratulate you.

@cromedome Hi mate! can i make you interested in investig in my borrow application. I am planing to return in less than a year (if everything goes ok) with 29.54% interest, here is a link to my loan( its not afiliate link) https://www.bitbond.com/listings/47QC9DEE3Z

This is an interesting proposal.

This is such a fun and great idea - maybe I should do this for my whole family :D

No ROI in genesis, do the research and run your numbers

I have done that. I would rather trade than mine at the moment, but I don't agree that there is now ROI.

How much are you losing each day on your payouts? My ETH goes down 3% and ETC goes down 2.5% each day. Once you compound that and work it out you would have been better off just buying and holding the coins

The best thing you could do for her! Cryptocurrency is the future, is the best option for being safe from inflation and any other destructive possibilities from fiat currencies! You are doing the right thing! Followed! :D

Beutiful

Great idea. I was going to open up Betterment accounts for my brothers but maybe I'll open up crypto accounts for them instead.

Thank you for your Sharing. I need your support. plz follow and vote my account @dpakyaw

This is only profitable if you get a lot of naive folk to use your codes. Assuming that prices remain stable and you keep upgrading to compensate for the mining difficulty, it can take up to a year to get your money back, but if you have $10k to shell out and trust Genesis to stick around for at least a year, that's great. You have a good following, so I wish you well.