Post
Topic
Board Altcoin Discussion
Re: Masternodes
by
Higher Altitude
on 29/01/2018, 17:03:07 UTC
I saw people lose a lot money because the price of the coin dropped a lot in value and they didn't want to end up bagholding. The ROI didn't matter anymore because you would never reach ROI if the coin loses 50-80% in value and stays there. My question is: What is your recommendation in that scenario when you throw 100k at a coin?

Sure, if you bought Dash when it was cheap, built a Masternode around it and got your annual 8% now PLUS the price increase of the coin it's all worth it and I would recommend doing that. But not everyone had to opportunity to invest in Dash.
Now many coins have shown up that are strictly for profiting from Masternodes and the coin itself doesn't have much development. Will those projects ever succeed? Probably not because it's hard enough for normal coins to succeed. And the same rules apply. If the price is too high (=hype) right out of the gate and development is weak then it will probably crash. And if the price is low (=no hype) and development is strong normal growth can occur. I'd recommend to invest in the later.