RE: Hello!

You are viewing a single comment's thread from:

Hello!

in introduceyourself •  8 years ago 

Lol as long as you realize there is risk. The greater good? There will be miners with or without mining contracts. I just hope you think and understand, that anytime you give someone money and they promise to pay you out in payments, there is risk that they could either fail, or just not pay out. I haven't heard negative reports on Genesis, but I've seen man mining contracts/companies fail, then fail to pay out over the last few years. Now if you are gaining more BTC and it's worth the risk, then maybe it's worth it for higher payouts than what you can just buy in one lump sum with the same amount the mining contract costs. But other than that, why risk it, when you buy and secure yourself? To each their own. Welcome to Steemit and the bitcoin space :)

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I do understand the risk yes, but again I am willing to take that :) I, myself have seen companies collapse as I have been a victim of that myself, but again it's a risk. I do not like to hold BTC as I have the urge to spend it, and most of the time I will spend it on something wasteful, such as a game. So why not invest into Genesis? Haha. Thanks for the warm welcome to Steemit and I hope to create some great content for the community!