Should the coins mined from BNB be reinvested or held?
First of all, I don't criticize any coin, and I don't oppose anyone holding any coin, because the profit and loss are everyone's own money. I just express my personal opinion.
I think the mined coins should be reinvested in BNB, not held. Let's talk about it based on the data.
We use the 10 coins that have been launched in 2024 for new coin mining to make statistics. We sum up the increase of all coins to date and then divide it by 10, and we will get the average increase of the mined coins, (18+66+23+62+21-35-15+57+45-10)/10=23.2%. From the beginning of the year, if we hold the new coins for a long time after they are launched, the increase of each mined coin from the average price of the opening three days to now is 23.2%.
The price of BNB on January 4, 2024 is 310U, and the current price is 610U. We use 31000U to buy 100BNB as the starting capital, and estimate the mining income of 2% each time.
The mined coins are not reinvested: (610+310)/2*2%*10*100=9200U, the mining income of 100BNB is 9200U, and the increase of 23.2% is: 9200*(1+23.2%)=11334U, plus the increase of BNB: 61000-31000+11334=41334U. Finally, from January 4 to April 11, our total income of 31000U is 41334U, and the rate of return is 133%.
Reinvestment of mined coins: 100 BNBs earn 2% each mining, compound interest 10 times, and the final number of BNBs is 122. The income is 122*610-31000=43420U, and the rate of return is 140%.
The return from ten BNB minings and reinvestment barely beats the return from no reinvestment. However, if we mine for a year, there are about 30 times, and the BNB price is still 310U to 610U. No reinvestment: (610+310)/2*2%*30*100*23.2%+61000-31000=64003U, the rate of return is 170%. Reinvestment: 181.1*610-31000=79471U, the rate of return is 256%.
If we look at the return from reinvestment over a long period of time, it will far outperform the return from no reinvestment, and holding these altcoins is extremely risky. After 3 or 5 years, 80% of them may be on the road to zero, so why don’t we quietly hold BNB and do high-probability events.
So my suggestion is: reinvest and hold BNB, let time accompany us to slowly become rich.
$BNB
