Post
Topic
Board Service Discussion
Re: CEX.IO lowers maintenance cost by 10% and decreases withdrawal fee 10 times
by
Wesley
on 24/07/2014, 05:34:07 UTC
Is CEX.IO still profitable? Haven't used it for ages!
it's not profitable since months ago
better to invest your money in another place

What about trading ghs? Buy low, sell high?

I think mining alone is not profitable, but trading the contracts can be profitable if you know what you're doing. As you said, buy low and sell high (or sell high and buy low). This assumes that you are a good trader, of course. I've never tried it but risk-wise, I suspect it would be similar to trading altcoins or BTC/USD.