What's the better choice, hosting images locally or using imgur to host your images for you?

cross-posted from: https://l.lucitt.com/post/6770

I believe there are pros and cons for both. Imgur is great because you truly don't have to think about disk space or bandwidth. Imgur is not great because they can delete your posts at any time without warning and leave holes on the interenet, especially if we're talking 5, 10 , 20 years from now.

Should I invest in a beefy server to store all of my photo needs without storage anixety? Or should I just rely on a larger company to handle it for me? I think I'm already answering my own question by writing this post out, but I'd love to hear from the self hosting community.