Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Is running DASH masternode more profitable than HODLING bitcoin?
by
Red-Apple
on 02/11/2019, 11:41:47 UTC
⭐ Merited by o48o (1)
A simple question, If i buy 1000 DASH with Bitcoin and and run a masternode, i will generate passive income. My question is will the end result after 1 year (initial deposit + income) will be greater than if i decide to HODL bitcoin and don't run a masternode ?

it is very easy to find the answer to your question. all you have to do is to look at Dash price over a long term (in the past) and see if it could have been profitable for you or not.

lets say you bought 1000 Dash in Jayapura 2018. it would have cost you 85 bitcoins.
with the current price of Dash, your 1000 Dash is worth 7.5 bitcoins.

in other words you simply would have lost 77.5 bitcoin = $700000+.
do you think the Dash masternode gives you that much profit?

lets say you were doing it for 2 years, buying at January 2017.
it meant investing 15 bitcoins which would have turned into 7.5 bitcoins.
in other words in 2 years you would have lost 7.5 bitcoin or exactly half.

lets say it was 3 years, it would have cost about 8 bitcoin which is now worth 7.5 bitcoins! you still lost bitcoin!