Post
Topic
Board Altcoin Discussion
Re: Is running DASH masternode more profitable than HODLING bitcoin?
by
Rodeo02
on 03/11/2019, 05:42:38 UTC
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!

so that means it's not worth to SELL bitcoin to buy DASH or any other altcoin for that matter. One should try running DASH masternode only if buying via fiat and not sell bitcoin to buy DASH masternode. Correct?
This just explain you might be lost in terms of BTC if price of Bitcoin will increase and its better to hold the BTC in long term than exchange it to Dash to earn a passive income. But in terms USD you will not so much be affected you will earn by staking. but forget about BTC  you have before becuase the time will come your DASH will not be the same equivalent from BTC you have before.