Post
Topic
Board Beginners & Help
Re: Just bought GHash's from CEX is that a good idea?
by
nynexx
on 30/10/2013, 01:22:43 UTC
Not worth it unless the price is lower and can ROI....
Again, it's an exchange. It's super fluid, and the price definitely varies. I've seen it as low as 0.040 and as high as 0.125 BTC per Gh/S. Hell, I've dumped all my Gh/S into BTC twice and have in no way lost money on the investment. Oh, and ROI? I have every 0.0001 BTC back + mining profits + trading profits. Yeah, lost a lot of money on that one Huh

So long story short: Buy in and sit on CEX shares? Probably a loss. Trade, like a good member of a commodity exchange should? You'll head out on top. If you're smart.  Wink

Cheers, fellows.