QUOTE(JokerNymous @ Sep 19 2018, 09:26 AM)
one of my friend are doing bitcoin mining so he suggested me to join as the mining will be doing it work and earn bitcoin for us.
So is that good time for mining is low amount for time being ? he told just 1K only. Just wondering anyone can explain me more details about this thing.Thanks
Spend real money on virtual money. What could possible go wrong
Don't forget to factor in upfront running costs esp. to purchase the hardware and utilities like electricity.
Fundamentally BTC has no real use in the wider world besides facilitate speculation at this point in time.
You can never really live off mining and trading BTC.
=================
Speculation is the purchase of an asset (a commodity, goods, or real estate) with the hope that it will become more valuable in the near future. In finance, speculation is also the practice of engaging in risky financial transactions in an attempt to profit from short term fluctuations in the market value of a tradable financial instrument—
rather than attempting to profit from the underlying financial attributes embodied in the instrument such as capital gains, dividends, or interest.