Residual Investments for Cryptocurrency

What is the Profitability of Masternodes with Cryptocurrency?

In recent days there has been much talk about Masternodes that are basically saving cryptocurrencies with the function that more and more cryptocurrencies are being generated. Lately there have been much more masternodes that at the beginning begin to be profitable but then the demand does not follow the same function of the offer because the users are selling all those cryptocurrencies that are generated and there is not so much demand and that is why the prices fall.

To have Masternode assets you have to configure a wallet to be able to undermine cryptocurrencies that is to say it is validating transactions and that is why you will be receiving crypto gradually. It is for this reason that people lately have been doing many Masternodes but most are not profitable.

For example, if you have 1000 coins for a Masternodes which generates 10% monthly, then every month all people will charge 10% which most of them almost always sell and as more and more masternodes are coming to the market every time there are fewer people who buy them and that is why the price falls.

In my personal opinion the Masternode assets have been simply a fad, since to be an investment they are not really profitable at all, you can earn much more by investing in other things, since here you have the risk of even reducing your investment.

There are Masternode assets that are usually very attractive for newbies in this industry because they offer you a very large return, they usually say that you can produce up to 1000% in a week or a month that for example if you have 1000 coins means that you are going to multiply your investment in an x10. But really these currencies tend to do the worst because they generate an exaggerated amount of coins that everyone is constantly selling and we arrive at the same vicious circle that demand is not equal to supply and they tend to be a bad investment.

If you asked me for a recommendation we would choose a Masternodes that was already established, for example as the Dash that is the most popular and that although it does not have a very high profitability it is still one of the best options because the price is very stable, even It has kept growing steadily over the years, it is a useful currency and with a giant community, we must also keep in mind that this is one of the most expensive masternodes that exists at the moment since they exceed 100 thousand dollars, obviously It is not an option for everyone but these are the kind of projects that end up enduring over time.

Masternodes in Securities

Currently there are about 428 cryptocurrencies that use this technology, although not all of them, and due to their design, they can use it. Even so there are about 224,783 MN assets and this number is increasing rapidly, the value of these Masternodes is approximately 700 million dollars and the volume processed is 50% of its capital every 24 hours.

Masternodes as a Service

The configuration of a Masternodes is relatively simple, you only need a VPS and the ability to change a few lines of Linux code, but for those who lack the know-how, services such as Digital Price will handle the configuration and hosting.

Even without getting your hands dirty, running a Masternodes is still a risky business given the potential for your bet coins to shed 90% of their value in a matter of months.

However, volatility works both ways, and it is also possible to make huge profits from the Masternodes coins that are pumped, usually because they are bought in bulk by other merchants who are also looking for stake coins. This type of system is unsustainable, of course, and when a group of node operators decide to unload their leftover coins, the market crashes.