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JanBomCrypto

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  1. All mining sites are scam, they have no good terms and conditions, many are scam, many are ponzi, many are not profitable. Is there profitable ones out there, I will never believed because many have scammed me.
  2. Using new miners will safe energy, like antminer s9 that is now old consume more energy and low profit if compared to antminer s19 that is new like a year or two years ago which is more efficient and not consuming electricity.
  3. If you do not join mining pool and mine your own, you can get profit but you will need millions of miners for that. But if you think you will earn at home, do not deceive yourself.
  4. Mining bitcoin is decentralized, that is why it is becoming hard. People do not want it to be centralized because only few people will be able to mine. It is decentralized network we want. The more people join the harder it will be.
  5. Who likes cloud mining will soon hate it after they have already list their money to the cloud mining sites. They should be regarded as scam mining sites not cloud mining sites because they are all scammers.
  6. What tells that mining is no longer recommended is telling the wrong information. There is still profit in mining, so why not reccomemded again. Although mining is becoming difficult but still very profitable but require huge capital.
  7. Before it will reduce the battery life, there will be warning signed like anytime you on he mining to mine on phone, the battery will not be long before will be be low and if that occurs repeatedly, it can lead to damage to battery.
  8. This is not a thread for coinbase but coinomi, they are two different wallets entirely because coinomi is a privacy wallet unlike coinbase. About transaction fee too, no the wallet that will charge for fee, coinomi do not charge fee, miners charges the fee.
  9. There are different types of offline wallets, they are called cold wallets too because they have private key stored offline unlike online wallets that have private key online. But for them to make transfer, all wallets be it online or offline will be connected online. But cold wallets will then be disconnected online after the transaction.
  10. You talk more about the technical part of trading, also know that their is nothing like graphics in trading, there are only charts which I guess is what you are talking about. There are need to also focus on fundamental analysis, which determine the price of crypto at times.
  11. One thing in trading is for us not to be panic while trading, what can cause panic is most especially when we do not know how to trade and buy at high price while the price fall, there are many times we need to just wait and see the coin rising again, but trading is still though more complicated than this.
  12. It depends on the level of expert the trade is, of the person has keep on losing and losing, he will not trust on his trading experience at all but if the person is wining he will trust on his trading experience, which means it depends.
  13. Going long term is better and less risky than going short, but some traders are expert to the extent of going short and still gain which can be better than long at times, but going long is less risky and the bones I will advice mist people.
  14. The most common mistake in trading are two, some traders will not buy and afraid when a coin bottom already and not decreasing price again. While the second one is when the coin already increased price, some traders will but at such price and the coins will start to decrease, making them lose.
  15. How is PayPal better than yobit, because you can not send bitcoin that you bought on Paypal makes it useless. But you can send the bitcoin you bought on yobit to other exchanges or even wallet.
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