A simple question, If i buy 1000 DASH with Bitcoin and and run a masternode, i will generate passive income. My question is will the end result after 1 year (initial deposit + income) will be greater than if i decide to HODL bitcoin and don't run a masternode ?
I want to earn passive income but it has a risk right? What if DASH price falls after one year and bitcoin price keeps increasing,that can happen? or Bitcoin and DASH price directly proportional in long term?
If you think Dash will outpace BTC, buy Dash. Otherwise, BTC. Or a simpler way to look at it is, do you believe an altcoin season will arrive before the BTC halvening does? Maybe it will, but it's kind of an expensive bet. Now it's certainly possible a Dash masternode will be profitable, but the question to ask is, would BTC be even more profitable? And nobody has an answer for that.
I'm not a big fan of crypto and passive income due to crypto being so volatile. If you want to hold Dash anyway, it's fine, but I wouldn't use it as a basis for deciding to buy a coin or not. What are the Dash staking rewards, around 5%? So unless Dash tags along with BTC within a 5% difference or less, you would have been better off holding BTC.
I also don't get the argument from some that Dash is less volatile or is always around the same price. It's lost over 90% from its ATH, while BTC is closer to 50%. Alt prices and BTC are not directly proportional, as we have seen during this bear season. Of course if BTC rises, Dash should rise, but it doesn't mean it'll be a proportional rise... could be more or less.
If you want passive income, I'd say look at real estate, or dividend stocks or bonds. If you prefer crypto, just choose whichever coin you like best, I wouldn't put much emphasis on the passive income thing as far as crypto goes.