How Many Years Do You Plan To Own BTC?
Video Transcript:
how many years do you plan to hold Bitcoin this question will really help and support you in your acquisition method when you buy Bitcoin you’ve got all 100% of it great maybe a small fee when you mine Bitcoin you’re not buying BTC you’re buying compute power mining machines and those machines will produce Bitcoin for you over time and what’s the case here well mining is an opportunity to accumulate more Bitcoin over time with good efficiency and good operational standards and that is that maybe you spent one whole Bitcoin buying a load of machines how much Bitcoin do you want those machines to produce well obviously 100% is one Bitcoin but here’s the thing with mining you’re having a production output eventually the machine breaks or becomes inefficient but in that gap of four to 6 years you have the opportunity to potentially mine even more Bitcoin than what you could have bought in the first place that’s the difference so