Bitcoin, mining, Is it really profitable?

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Written by

Blockchain technology lover.🌎🌍🌏

2 years ago

In community: Cryptocurrency and Blockchain(7b7f)

Topics: Bitcoin, Make money, Blockchain Technology, Mining, Investing, ...

Many people want to investing in Bitcoin mining and honestly it is a very good idea, guys, cryptocurrency mining offers a very juicy APR and that we can take advantage of it a lot for our personal finances, from my point of view I think that many people around the world are wondering what are the juiciest cryptocurrencies to do mining and it is simply something to take into account, guys, cryptocurrency mining is currently one of the best passive income that we can find and that is what has caught my attention the most. That’s why I decided to make this post why I simply want to help you understand how cryptocurrency mining works and when we know how cryptocurrency mining works then invest in it, always when I talk about investments I like to mention that the best investments are long term guys and that we have to keep it very much in mind if we want to get the so longed financial freedom.

What are the benefits of mining Bitcoin in the short term?

The benefits of mining bitcoin in the short term is something considerable, honestly I am not very expert in the subject, but I would like to mention that we can make a good use of compound interest with this great tool, I would like to mention that many people do not like to invest in the long term and mostly live on their investment income, this is something that is very wrong guys, I would like to mention that investments should be for the retirement of the person and this they have to take it very much into account if they want to get a good retirement in their future.

Now then, let’s talk a little bit about the returns that Bitcoin mining can have in the short term, it’s something very simple and easy to understand guys, mining can easily give you an APR of 80% and that’s something totally cool, then from my point of view I think this can be used to buy many more of these machines and that’s something that I just love guys, but my advice would also be to diversify into starting a good business and have another source of income, like it can be a Youtube channel or a centralized blog, we can allocate the money from our AntMiner Mining Machines and do promotion.

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