Bitcoin Mining VS just buying Bitcoin and HODLing! Which one is more profitable?
BTC
I am the VP of a Bitcoin Mining facility and i come across this question ALL THE TIME!!!!
Here is why i thing Bitcoin Mining is better option than just buying and HODLing and below is an article by me about it.
1. Long-term, you accumulate more BTC
2. Daily cash flow instead of stagnant holding
3. Greater flexibility when selling your BTC
4. Purchase of real, tangible assets
5. Combined value of machines and cash flow
6. Tax benefits from purchase and operation
7. Connection with experienced miners and OGs
8. Resale of machines at a good price
9. Opportunities for profitable strategies
10. Limited options if you only hold BTC
Link: https://bitmernmining.com/why-bitcoin-mining-is-a-smarter-investment-than-just-buying-it/
Let me know any takes on the subject that i can use to defent my position, but also if you think that BUYing and HODLing it makes more sense, give me reasons please!
I am the VP of a Bitcoin Mining facility and i come across this question ALL THE TIME!!!!
Here is why i thing Bitcoin Mining is better option than just buying and HODLing and below is an article by me about it.
1. Long-term, you accumulate more BTC
2. Daily cash flow instead of stagnant holding
3. Greater flexibility when selling your BTC
4. Purchase of real, tangible assets
5. Combined value of machines and cash flow
6. Tax benefits from purchase and operation
7. Connection with experienced miners and OGs
8. Resale of machines at a good price
9. Opportunities for profitable strategies
10. Limited options if you only hold BTC
Link: https://bitmernmining.com/why-bitcoin-mining-is-a-smarter-investment-than-just-buying-it/
Let me know any takes on the subject that i can use to defent my position, but also if you think that BUYing and HODLing it makes more sense, give me reasons please!