Cryptocurrency In jeddah

Haidermiz Active member

62POSTS

7 years ago

Anyone in JEddah investing in cryptos?

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Ehtesham ViP

1296POSTS

7 years ago

i know a few who did and not happy now.
It is not bank registered currency and what if investment is vanished?

Haidermiz Active member

62POSTS

7 years ago

well I've invested many times and gained a profit and loss also. I've invested when i was in India but here i Don't know how i can invest.

Haidermiz Active member

62POSTS

7 years ago

It won't vanish crypto in my opinion is the future

Ehtesham ViP

1296POSTS

7 years ago

Haidermiz wrote:
well I've invested many times and gained a profit and loss also. I've invested when i was in India but here i Don't know how i can invest.

Happy to know that you gained profit and hope that you get minimum loss. I have said my opinion based on my experience. How about trading stock exchange, maybe you will gain more.

Haidermiz Active member

62POSTS

7 years ago

Stock change is really confusing for me i tried at first but didn't understand anything.

GuestPoster471 Guest

0POSTS

7 years ago

I've been engaged in crypto for the past few years, particularly in mining.

My two cents: don't invest cash in bitcoin, etherium or any other currency yet, the market has been very unstable since Wall Street got involved. You should try mining, but the ROI is not worth it if you are just using a laptop or a PC, you need purpose built machines to efficient mine crypto. You can build your own or buy online.

Currently there is no use for crypto in KSA so the only thing you can do is look at it. But definitely make a Blockchain account. Currencies might rise and fall but the system that you use to save, transfer, spend, buy etc is blockchain.

Crypto is the future, but the future is around 5-7 years away until the central banks of the GCC issue their own, (this is still being developed). Stay as far away as you can from the Perto (Venezuelan).

Good Cryptocurrency:

Bitcoin
Etherium
The one in development by the Central Banks of KSA and UAE

Bad cryptocurrency:

Everything else

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