Post
Topic
Board Service Discussion
Re: Cloud mining & trading at the same time on CEX
by
SuniX
on 27/10/2014, 05:39:04 UTC
I think you get lucky with those prices, cloud is not profitable.

It was a trade with the cloud returns a small bonus, it wasn't an investment in cloud mining. It shows what is possible from trading a product that essentially has an ongoing 'yield' given to you as you hold it, thus you can profit or loss from a trade plus profit or loss from the 'yield' (mining returns).

To get any decent returns from mining you need to be doing it a long time, not 5 days like my trade. Mining now is a tough endeavor for sure.