Post
Topic
Board Exchanges
Re: ***Trade with 0% on CEX.IO***
by
Houseman
on 30/03/2015, 13:21:51 UTC

I’m saying about trading because I it really can be the solution to this whole thing with mining.

When CEX.IO turned off cloud mining, I was left with my useless 1THS (although they’d been useless for a while by then). I missed the chance to sell them for Bitcoins when the price was more or less adequate, but I did it when the mining halted. I bought Bitcoins with my 1000 GHS and traded them to Darkcoins. I did that mostly for fun, to see what happens, as I don’t normally trade altcoins.

Here’s my summary.

When I bought my THS, I paid around 2 BTC for them.
I sold it at around 0.7 BTC in January.
In January, I bought precisely 100 DRK (1 DRK at the time cost 0.007 BTC).
After I publish this, I’m going to trade my DRK to BTC again. If you have followed Darkcoin/Dash price lately, you know that the coin has rose significantly.
So, I’m going to end up with the same old 2 BTC, just because certain trends coincided.

It’s just one example. I haven’t considered other altcoins yet, and I cannot possibly know what the price of Dash will be in the future.



Just wondering, how did you come up with the idea to buy Dash/Darkcoins? Any sources you were following?