Some have also asked me to predict what the price of a certain cryptocurrency can be in the near Future.
That was simply me believing in the Technology behind Litecoin.
That being said I don't invest a single Dime from that Money. The entire income from Mining goes to my Bank Account.
Now here comes the tricky part. For my own Investment, I have decided that I will keep half of that Bitcoins in Liquid BTC and the rest I will buy Altcoins which I prefer.
So those who are trying to make their own Portfolios and are struggling for Funds, you can earn it here on Steemit and then convert the SBD's into an Altcoin of your choosing.
Hashflare, Hashing24,Genesis Mining, Crypterra
if you want to make some amazing gains you should check out my posts about Zclassic.
They will be forked along with bitcoin into bitcoin private.
I have their reddit and twitters links in my posts so don't forget to leave a comment or upvote while youre reading up
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I did hear about this fork. I will take a look at your Posts.
Although I don't like so many Fork it wouldn't hurt to gain some knowledge about it.
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That's a pretty cool strategy. Could you shed some light into how much do you invest into Hashflare, Hashing24,Genesis Mining, Crypterra ?
If copying is the best form of compliment, then I'd like to copy you. :D
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So I have been with Hashflare from 2016 and I don't remember how much I put in it actually. But I do know that I have broken even on Hashflare in August 2017 and I am getting my profits right now.
As for Crypterra it's a bit risky as its a new company. So I have gone and bought 3TH/s Mining Power to check things out. Since its minimum withdrawal is 10 USD I have been getting paid every second Day.
Right now these two are the only ones with available Hashpower.
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Hey my friend arunava! Long time no see! I´ve been considering cloud mining but I´ve yet to find some clear return of investment info about it. Since you´re already doing it, throw me a tip: which one of these services do you recommend and which plan do you recommend the most?
I´m guessing that I can calculate most returns for each algorythm using coinwarz mining calculator: https://www.coinwarz.com/cryptocurrency. Are they accurate?
I will use your referral btw, and I´m a long term investor. ;)
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Yes Coinwarz is accurate but there is another two factors that you need to consider.
First is the Bitcoin Difficulty rate which increases every two weeks and second is the price of Bitcoin.
For example I have 10th/s mining power in Hashflare which is currently giving me about 18 USD per day but recently when the BTC price hit an all time high I used to get 30 USD per day.
So I'd BTC price increases tomorrow and stays high for two weeks than you will get your ROI even early.
@wolfenlord you can contact me on Discord or steemit chat if you like my username is Arunava on both of them
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Very good Post 👍💪
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Thanks a lot @dizum
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I just expanded my portfolio with some coins in which I see good potential in 2018. We will se what will happen.
Wish you big success with yours as well!
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I wish you all the success too my friend @infinityroad
You should always do your own research before investing.
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Sneaky Ninja Attack! You have been defended with a 4.61% vote... I was summoned by @arunava! I have done their bidding and now I will vanish...Whoosh
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Pretty great strategy, always good to diversify!
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Yes as the saying goes Diversification is always Good.
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This post has received a 8.16 % upvote from
thanks to: @arunava.
For more information, click here!!!!
Send minimum 0.100 SBD to bid for votes.
Before sending a transfer to @minnowhelper, verify that your publication meets these conditions (http://www.minnowhelper.com/conditions.php). After the transfer is made, no claims will be received.
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
ROI Calculator for Investors click here!!!
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This post has received a 0.41 % upvote from @booster thanks to: @arunava.
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You got a 6.76% upvote from @allaz courtesy of @arunava!
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I like your post @arunava
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Thanks @harislalana I hope you stay tuned to my Blog for more such posts.
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Great resource on how to get started. I just want to remind everyone that all investing is gambling! Play it safe like @arunava!
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Yes you pointed out a nice thing.
This should be the Mantra.
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Good luck with your portfolio!
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Thanks, @crypto3em3 I am slowly but steadily building my Portfolio.
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I'm doing the same thing with my SBD. I've gathered quite a little portfolio with SBD income. I'm not keeping liquid BTC like you are though, everything is invested in AltCoins for now. Since the funds are coming from mind power, rather than my paycheck, I feel like I can take more risk with alt coin positions that could moon or tank. Eventually I will shift some profits into BTC I suppose, but for now, I would rather increase alt positions.
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That was so nicely said.
As for my BTC holdings, I am holding them as BTC price is low right now. I will sell it for alts once it rises.
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I would love to get started with cloud mining.
My main question is how much is a good amount to get started in it?Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Right now most of the Cloud mining websites are almost out of power. If you want you can start by purchasing some power from Hashflare or Crypterra.
I would recommend Hashflare over Crypterra simply because Hashflare is a reputed company with Long history to back it up.
You should start with at least 3TH/s Mining power and compound it to your liking.
Check out both the websites and judge for Yourself.
I will say that Crypterra is a bit risky so tread carefully.
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Okay cool, thanks for sharing. I do some mining from an old computer with some good specs, but naturally it is very limited and doesn't really give me much of a profit when you factor in electricity - I mainly do it out of interest. Will use your affiliate links if I sign up anyway!
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Thanks @lukebrn I will be more than happy to help you out with suggestions.
I also mine from my Desktop. Since I have free electricity it's kind of Profitable.
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Thanks! Good stuff. Are you on Steemit Chat or Discord? Would love to chat more there. My username is @lukebrn on both!
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I am in both my username is @arunava on both Discord and steemit chat.
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Great, will hit you up. Just announced my new blog series on my page if you are interested.
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Ofcourse I will check it out
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Please tell me what the price of bitcoin will be around december, cause i want to invest in it.
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@richgang did you not read this Line in the post
I am not a pro I certainly can't say what the price will be in future.
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Interesting approach. Did you calculate what would be the difference in ROI, if you would simply invest buy BTC with SBD and let it appreciate - vs mining?
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Yes I have calculated that too. In most probability mining is slightly more profitable than holding BTC but only by a slight margin.
But my preference is to get a Daily Passive Income going, so I like Mining rather than Holding.
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thank you buddy
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You are Welcome @quocvietle
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You got a 7.92% upvote from @mercurybot courtesy of @arunava!
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For those looking to invest in crypto... The safest thing is to buy Bitcoin after it dips 20-30% and then stash it away offline. Invest only what you can stand losing.
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I don't really follow the Dip rule for Bitcoin but I do buy selected Altcoins when they go below 60% from their Highest Price.
Thats my sweet spot for Buying.
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One strategy to build your crypto portfolio is as follows (just my personal take!!!),
tier one coins/tokens
BTC/BCH, ETH, LTC, Dash, Zcash, Monero
tier two coins/tokens
NEO, XRP (even it is a banker's coin but its price should continue to climb), BCD
tier tree coins/tokens
Electroneum, Ce-bit, Campus coin, Link, Walton
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This is a Nice Plan I might start implementing this too.
When I get payed from my Steemit posts I transfer some of my SBD to bittrex where I buy those coins which are having a red day.
I might implement both strategies next time.
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So you actually never spent a single penny of fiat currencies to build up your crypto portfolio?
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Nope I spent exactly 2000 USD for buying Bitcoin Mining Hashpower about a year ago and I have already made my investment back.
As for buying Altcoins I guess it will range from 0 - 100 USD. Not sure of the exact amount.
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Thank you for the information, it was quite interesting.
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I hope you will visit my Blog again for my Upcoming Posts.
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