Which are the best masternodes to invest in?
Masternodes are part of the infrastructure of certain crypto currencies. They are interesting to speculators because they offer yield. This yield is denominated in the underlying crypto currency. Masternodes earn this yield because they provide services to the cryptocurrency infrastructure.
At this time the main role of masternodes is sending coins anonymously and instantly in addition to mining. These services add value to the users, create more security for the masternode network and decentralise the node network.
Masternode systems are evolving beyond jsut DaskSend and Instant send. For example, Crown will be using nodes to host decentralised applications, BlockNet will be using nodes to enable trustless exchange services.
Note: These investments are highly, highly speculative, you might loose all the money that you invest and then some more. As an example: the whole market cap of Cryptocoins is $52,632,819,317 (13/05/2017) while Apple is worth $825,000,000 billion. Cryptos are still young and sudden changes are bound to be wild and unpredictable.
If a whale (someone with heavy bags) decides to dump their coins, the price will collapse inversely if the prince of Bujikstan takes a liking to a particular coin it means the next stop is to the “moon”. Speculating in micro cap masternode cryptocurrency or ones which have no fixed dedicated development team and a credible roadmap.
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These listings are not an endorsement of any kind!
See Also: Comprehensive masternode list with cost per masternode.
All masternodes coins are somewhat of a long term investment since the investor needs to buy and hold the coins for some duration. Your due diligence of these coins is paramount.
Masternode coins due diligence prompts:
- Does the investor have knowledge on cryptocurrencies?
- What is the level of technical expertise?
- Is the investor ready to read the white paper, and dig through both old and new info about the coin?
- Is the coin just a vehicle for speculation?
- Does it offer a service which is demand today and will be in the future?
- Can the coin evolve around regulatory challenges?
- How does it fare against the and competition posed from other cryptos and traditional organisations offering the same services?
- Beware of FOMO (fear of losing out) syndrome, is the investor ready to think the decision over for a day, a week, a month?
Masternode investing is not for the faint-hearted. A Dash node costs $88,000 (It was as high as $120,000). Dash is a creating brand and tech value behind the scenes. Is it worth investing in? – This depends if Dash will still be around in the next 10 to 20 years?
Hosting of Dash nodes is easy with Node40
- How to invest in Masternodes with Node40?
- The pros and cons of investing in ICOs
- Invest in Masternodes: Generate CryptoCurrency yield/micro payments.
- CryptoCurrency Investing: Research and Due-Diligence.
The materials on investitin.com are for informational purposes only. Nothing contained herein shall be construed as a solicitation on how to invest, or advice on the purchase and sale of tokens, securities, products, investments or currencies. Any investment listed is risky and not suitable for all persons. The authors do not provide advice on investing or the purchase or sale of any investment. Seek guidance from a qualified personnel before any investment decision. You are personally responsible for all due diligence.