Topic: Annual Profitablity Holding Altcoins - page 2. (Read 642 times)
Holding an altcoin with POS is a wise choice specially of you are a type of person who prefers to hold for long term rather than trading it, specially if you are not familiar how to read a chart. Altcoins with POS will give you passive income but could only be stored to a hotwallet and not to a cold wallet which is prone to hack which is one of the disadvantages.
holding an altcoin is the best choice, but if you look closely at the annual altcoin it can make speculation how we can choose a good altcoin and potentially get an annual profit.
Thanks to PoS (Proof-of-Stake), it is possible to earn not only from a trade but also just from the possession of cryptocurrency.
The most interesting cryptocurrencies for passive income:
NEO and its related coin GAS. It is necessary to consider that not all purses are identical therefore it is important to check in advance whether the chosen purse allows earning rewards in GAS. Annual profitability makes 4−6%.
Dash. Profit is rather high — about 7,5−8,4%. Minus is that creation of a master node requires not less than 1000 coins - about $162 thousand.
PIVX. Creation of a master node requires 10 thousand PIVX for the total amount about 12 thousand dollars. Profitability about 5,5% a year.
They are not near what you would consider proper for a staking, don't mistake just because you have your money staying there doesn't mean you are profiting. Even a 50% annual pay would mean nothing if the coin drops 50%. People who have invested into dash last year did not made any profits at all this whole year because the price has fallen. Even a 4% interest would have made more money for you because your money wouldn't lose value in a bank. The most interesting cryptocurrencies for passive income:
NEO and its related coin GAS. It is necessary to consider that not all purses are identical therefore it is important to check in advance whether the chosen purse allows earning rewards in GAS. Annual profitability makes 4−6%.
Dash. Profit is rather high — about 7,5−8,4%. Minus is that creation of a master node requires not less than 1000 coins - about $162 thousand.
PIVX. Creation of a master node requires 10 thousand PIVX for the total amount about 12 thousand dollars. Profitability about 5,5% a year.
Hence if you want to get into staking or masternode work than you need to make sure the price of the coin you invest into would go up or at least stay the same price for a foreseeable future (at least until you get out). Dash was 1.5k at its peak, right now it is 156 dollars, thats 1/10 of what it used to be, you can have as much interest as you want and thats still an insane drop in price.
holder always win, the more advantage is that those who adopt the coin at the start of the project will have a multiple-fold advantage. From now on, learn a good project and invest in the right place and hodl until 10 x or more
with deteriorating market conditions, it is good to maintain ownership of tokens, because NEO and GAS are tied together. that will hold the NEO and GAS prices difficult to dump, while their software wallets are still trusted by many users
it is the advantage of the coin holders who have a good profit rate every year, and the coins have proved that, but still have to be careful with coins that will actually plunge at great losses
For passive income I think pundix is one of the best coin at this time, I'm holding pundix from last three months and each month it gives 7.3% of the coin. So at very low amount also we can start and and it's just about holding nothing we have to do.
All those coins are absolutely impressive. In this bearish market, the return those coin bring is amazing and all the right reason people attract to them.
Dash is the personal favorite among those three. This coin is too good. This week the price has increased by 5%.
Dash caught my eyes for a while as it has great potentials and neo is also good. But haven't heard of PIVX before need to do some research about it. Anyways good topic.
Thanks to PoS (Proof-of-Stake), it is possible to earn not only from a trade but also just from the possession of cryptocurrency.
The most interesting cryptocurrencies for passive income:
NEO and its related coin GAS. It is necessary to consider that not all purses are identical therefore it is important to check in advance whether the chosen purse allows earning rewards in GAS. Annual profitability makes 4−6%.
Dash. Profit is rather high — about 7,5−8,4%. Minus is that creation of a master node requires not less than 1000 coins - about $162 thousand.
PIVX. Creation of a master node requires 10 thousand PIVX for the total amount about 12 thousand dollars. Profitability about 5,5% a year.
The most interesting cryptocurrencies for passive income:
NEO and its related coin GAS. It is necessary to consider that not all purses are identical therefore it is important to check in advance whether the chosen purse allows earning rewards in GAS. Annual profitability makes 4−6%.
Dash. Profit is rather high — about 7,5−8,4%. Minus is that creation of a master node requires not less than 1000 coins - about $162 thousand.
PIVX. Creation of a master node requires 10 thousand PIVX for the total amount about 12 thousand dollars. Profitability about 5,5% a year.
That's a lot of requirement to run a master node. Maybe if you want MN and super node coin you might want to bag rebl token now as their mainnet will be LIVE this q3 of 2018. Aside from the masternode they have a double staking feature.
NEO and DASH are the masternode coins that provies revenue weekly and even montly. I have invested in both of these coins and enjoying the benefits.
Not exactly PoS but I have enjoyed the rewards staking Bridgecoin (BCO) on the Cryptobridge exchange. One of my better alt choices for sure.
One thing to used to gain profit aside from trading is staking. No doubt that it is helpful to earn or gain in the market without headache. I know it is quite expensive but Im sure the reward is worth it. Especially nowadays most staking coins are more valauble than any other coin with different purpose. I think mining coins are also good but expensive due to energy.consumption. So Trading and POS are my two best option on the crypto market
Could you guys add Nem in your masternode list they have amazing technology and they have Smart Contracts. It's a Nem Mosaic and probably you need 10,000 XEM to get that masternodes. anyways it's on top 17 coin marketcap.
Holding coins is really a good way to income right now. So many people are getting interested in just holding them rather than trading day to day. All Neo, Dash and PIVX has great potential.
long term holding is a just for future investment so it will never earn in every day. But who are all wait for future surely this will make good income. Last year was totally different dimensional in crypto market. So Neo, Dash and PIVX are outdated in this scenario. Bitcoin is always maintain a stable value so I prefer Bitcoin investment and Ethereum.
I've been wanting to have NEO so I can earn with GAS but when I'm looking at the calculator and its requirement is just like those masternodes, the higher the better.
A shrimp won't do good and benefit with that unless he is a believer of that coin. But if that's not what he's up to, that will be hard for him to adjust. Those masternodes you mentioned requires a lot of money now to earn that amount stably but if you bought during those early times, you're greatly benefiting with it.
A shrimp won't do good and benefit with that unless he is a believer of that coin. But if that's not what he's up to, that will be hard for him to adjust. Those masternodes you mentioned requires a lot of money now to earn that amount stably but if you bought during those early times, you're greatly benefiting with it.
Proof if stake coins were and are still good innovations as you can earn some tokens or coins without trading. But they are no longer popular nowadays. Even masternode coins are not really as profitable as before.
I agree with you. It is necessary to consider that not all purses are identical therefore it's important to check in advance whether the chosen purse allows earning rewards in GAS. Annual profitability is impressive.
One thing that is very apparent by now is the fact, cryptocurrency holds the most profit long term wise. If it's a potentially good coin that is gaining traction from both market and consumers it is safe to assume that it would be a good investment opportunity. With time and market growth we'll probably see a lot of good investment options for both new and old members of the crypto community.
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