Difference between buy- hold and mining with bitclub netework

steeemit (25)in #bitcoin • 7 years ago

BUYING & HOLDING vs MINING

BUYING & HOLDING
If you buy 1btc today and keep that 1 Btc for the next 3-4 years from now looking at Bitcoin price of that time which will not be less than $10 000 , You will still have 1Btc but worth $10 000 ,

MINING

If you take that same 1Btc and put it into mining for the same 3-4 years ,your Bitcoin could be tripled or more because you will be accumulating Bitcoins everyday and you will continue to accumulate these Bitcoins untill 2140 because you have physical mining equipment which will be mining Bitcoins for you. That's what put mining on the advantage. When you put your Bitcoins into mining you are not doing that for yourself alone but for your next generation as well because they will benefit from yourmining as well . So you have to look at all that

MINING is small on the short term but huge on the long term .
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