I invest in a few cryptocurrencies. I discuss some of the investments at youtube.com/esquire777
Nonetheless, I'm struck by how undervalued PIVX currently is and believe that at the current $11.76 price, investors with some money to spend should consider setting up a masternode. Such an investment would require buying 10,000 coins for a total outlay of a little less than $112,000. This price is roughly $1 million less than it would cost to set up a DASH masternode.
PIVX now has better privacy features than DASH as it has incorporated the zerocoin protocol. This is beyond DASH'S coin mixing and makes it impossible to determine the amount of transactions. Best yet, the feature is optional which provides the user with maximum flexibility.
Yet, even with rival coins like Zerocoin and Zcash taking off, PIVX -- which has one of the fastest transaction speeds in crypto -- hasn't jumped commensurately in price. At least not yet.
PIVX masternodes receive more than a PIVX a day (nice residual income) in addition to whatever capital gains you get from the rising crypto price. Given its low transaction costs - among the lowest in crypto - PIVX can be used for micropayments.
Setting up a masternode is easy once you have the 10,000 coins. To do so, simply visist mymasternode.com. They will guide you through the process. They are affordable and only charge $15 per month - a fraction of the profits you'll receive from operating a masternode.
PIVX, which is proof of stake, also has one of the best governance structures in cryptocurrency. Google the coin. You might be surprised.
