Post
Topic
Board Altcoin Discussion
Re: Passive income from cryptocurrencies in 2019
by
hdclover
on 25/04/2019, 06:38:42 UTC


you have a lot of services who provide all infrastructure behind of a masternode. You just pay around 10-20 usd /month for it.
In DASH you have possibility to pay certain % to MN operator automatically. So one time set - and forget it. You just get rewards. No further communication is required.
That is, this service provides all the maintenance for running and maintaining the masternode? including all updates and reinstall wallet?
But this is related to saving your time and gives you the opportunity to make your activity trouble-free using automatic payment.  But how does this provide an opportunity to receive passive income?
After setting up your masternode, you will wait for the rewards that will generated each time the shares has been distributed, it is a passive income as you will not do anything but to wait, there's allocated shares from each master node and after that you have all the power whether to hold or sell it right always to convert into a fiat value.

If you are willing to invest on masternodes which will require you to put money for the collateral coins you will also try to look for alternatives to it. Remember that you will spend for VPS when setting up masternodes and VPS cost more than $150 a month that would be something to weigh in. I would look around for alternative like OP said, NEO is a good profit generating altcoin for it distribute GAS. Also there are dividend sharing project, ever heard of EOSBET? They said its one of the best.
Big masternodes owners are quiet rich and they don't mind spending $150 on a VPS per month as they earn 1000s of dollars. Small investors need to look at smaller masternodes. For these, you don't need $150vpn. A cheap $10 one is more than enough.