No because you can just mine 1 iron ore still make more "profit."

 

If you have the money, time, and effort, anything can be an adequate way of making money. From what I've heard, you need a bit of starting money to flip nstars, but when you get rolling it could make good money. All depends on the demand of the market.

 

I think it can be, that being said in my opinion you need a spawnshop so you can be selling them constantly for it really to make much money

 

Well, if you buy enough the market will be low and so the price will be driven up due to demand and so therefore you could sell the nstars for whatever price they are driven up to.
If you're rich, that is.

I don't think it's a "good way" to make money, but it is a way.

 

Flipping nether stars is a great way to make money IMO because you can make a decent amount for very little work. I run a spawnshop where I buy for 550 and sell for 590. Generally around 100 netherstars go through my shop a day. This makes me around 112k a month - the 20k to own the shop so around 92k. Now 92k isnt a lot of money but considering im doing basically nothing to get it its a nice addition to making money.

 

Flipping anything is a good way to make money

 

As said in previous comments.... To flip nstars you need patience. You also need to know the market and keep up with the current supply/demand of them. A good way of doing this is by owning a spawnshop. I personally made a good amount of profit from nstars back when they jumped to about $700 each. A good indicator that prices are on the rise is that you will start to see a bunch of other shops start to be bought out. This could mean that somebody is buying them all and then you can slowly start to bump up your prices since there is low supply but clearly high demand. It comes down to the basic principle which is buy low and sell high. Its all about timing here and knowing when to go all in or not

 

Sorry, is the spawnshop a station like station48, station70...?

 

Yes it is. You have to at least be a resident and it costs 5k/week for a minimum of 4 weeks so youd need at least 20k

 

What I do with my spawnshop is I buy nstars for $571 and I sell them for $571.50(?). I know there's a very small difference between the two prices. Doesn't bring in many customers, mainly because not many people know.

 

Has anyone else noticed how hot @SuburbSomeone is?

 

I'm not, but how is that relevant?