Hi guys...i bought a bunch of this interesting coins...I have few noob questions:
a) It looks even more profitable than a masternode ? Am i wright ? (+- 50-60 % per month ?)
b) The staking rewards seems to be done each 2 weeks ?
c) Whats is the best link to download the wallet ? ( i saw the guide video at 1st page...is it the good one ?)
d) what else do i need to know ?
Thx for your help
the only thing you might need to know is that it's not profitable at all lol.
unless you have a huge bag already.
technical detail is irrelevant
Why is not profitable ?
too much math to it, in short this POS is competitive,
and difficulty is too high already to make any good profit with a small amount,
so you need to buy a lot which may never pay off.
i recommend you buy some and see for yourself
I disagree with this. It has turned out pretty profitable for anyone that has done a few things
1) Be smart with buys, don't buy in the middle of a pump that the price goes up unusually fast. Time buys over weeks or months and get a much better buy in price.
2) Stake long term. People that try it for one round of staking usually don't make a profit. Look at the value of a lot of the long term staking wallets and many of them are very profitable. Even when there was a big HYP craze on cryptsy, many of the people that started staking then and have continued now, are doing pretty well.
On your second point, what is the maximum stake age for maximum staking efficiency? Once your stake finds a reward, does the stake age restart?