When you find the proof of stake world of crypto, you will be excited to get going on the adventure. Here is some advice for finding a great Masternode.
Dash currently holds about 65% of the marketcap for PoS/MN coins. However a Dash MN cost more than $300k USD for only 1000 coins as the collateral.
Diversity
Once you get settled in one Masternode, Take profits and exchange for BTC, or Exchange for other coins to work your way towards another Masternode.
Balance Risk
Eliminate risk by studying charts, and buying higher marketcap coins, that retain value, it’s okay to gamble on new coins, but make sure to set up a foundation of 2-3 steady/solid Masternodes (MN).
Time/Work is Money
Each Proof of Stake (PoS) coin has a team full of people hehind it, just like any other coin/token# header you would buy into. Do your due diligence. Take time to figure out who the people are behind each project, Roadmap, Whitepaper.. Otherwise you are gambling.
Stake Pools
Sometimes we just don’t have enough money to buy a whole Masternode, Stake pools are great foritalicitalic that purpose. For example a Bitcoin Green Masternode collateral is 2500 BITG, ranging around $13,000 USD(Today). A staking pool allows you to buy a single slot or several slots in a shared Masternode.
So you can earn same rewards off 25BITG. Price of one slot on Simple PoS pool.
Alright so here is some examples of some Good and bad Masternodes based off charts. (I removed coin names to not promote one or another)
Dud/dying
Dud/dying with pump and dump
High market cap solid
Low market cap solid
Great potential high market cap
Great potential mid marketcap
New coin high risk high reward
Solid coin mid risk high reward
Masternodes.Online (copy and paste in search bar)
