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Can cloud mining websites like Genesis Mining really earn you money?

Discussion in 'CryptoCurrency' started by MikeGreo, Jul 18, 2017.

  1. MikeGreo

    MikeGreo Newbie

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    I really feel like the cryptocurrency is the way to get rich without doing anything and those of us who do not jump on this bandwagon, we are going to regret it immensely in the future.

    Anyone else agree?

    Also there are videos like make $800 a month with Genesis Mining on YouTube. Is this true or is it scam?

    Thanks
     
  2. Simox123

    Simox123 Junior Member

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    "If it's too good to be true"
     
  3. MikeGreo

    MikeGreo Newbie

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    Why? Are all those videos scam? Also, cryptocurrency seems to be the most important thing to invest in. I feel like in the not too distant future, it will explode, and yet again people will regret for not having bought bitcoins, litecoins, etherum etc in the year 2017.
     
  4. zuix33

    zuix33 Junior Member

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    better that money you want spend on genesis mining invest directly in alt coins and wait to grow ;)
     
  5. mazar

    mazar Regular Member

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    ^ ^ bad advice . pump groups are all scams even if they call themselves fontas and bots are very easy to trigger as shown just a few weeks ago when eth flash crashed to around $12
     
  6. hero76

    hero76 Power Member

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    Well if you call making 5 btc out of .5 btc a scam then go ahead!

    Dont be scared guys, you have to find the right ones and right now yobit is minting money!
     
  7. Raybanana

    Raybanana Junior Member

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    Can't see how this cloud mining could be profitable. As mentioned earlier, better just invest $ straight into coins.