Hey guys,
I see a lot of threads here about where to invest BTC or how to make BTC. I also get a lot of questions, especially from new crypto issuers, where to invest BTC long term, what is safe and what brings money.
So, here is something I have been using for the last 2.5 years and it has brought me nothing but profits – DMD Diamond Proof of Stake system.
Before I share this with you, let me say I am a long term DMD holder and I would never share something with people without testing it first with my own money. There are no referral links here, I do want to see DMD Diamond community grow but only because this is very nice coin and even better related services. I do not personally get any fee if u decide to join or not, DMD Diamond represents favorite part of my personal portfolio and I simply would like to share info about it, especially with new crypto users who might be less familiar with PoS.
How does DMD Diamond Proof of stake system work?For those of you who might be unfamiliar with PoS, the easiest way to present it is as a form of mining which does not require ASIC, graphic cards of any significant hardware investment. All you need to do is to buy coins, place them in your wallet, have you wallet online and opet for staking and your coins will stake and generate new coins. Your coin piles compete with other coins for staking rewards and if you keep your wallet online and staking for the entire time, your rewards will be substantial. In other words, once you acquire DMD, it becomes interest bearing asset with significant returns. You can find more info on DMD Diamond home page -
https://bit.diamonds/There are several ways to make money with DMD Diamond and I have personally tested each and every one of them.
1. Simply buy DMD Diamond, put them in your wallet and let them stake at current rate. All you need to do is to unlock your wallet for staking and you will start receiving new coins. This process resembles classic PoW mining, just without excessive heat, noise or electricity bill which generate classic GPU rigs or ASIC machines. All in all Proof-of-stake is much more advanced form of “mining”, that is why Etherum is going to switch to PoS sometime in the future. The main DMD Diamond exchange is Bittrex, here is the link -
https://bittrex.com/Market/Index?MarketName=BTC-DMD 2. DMD PoS&masternode system. This is a new DMD Diamond investment option which was introduced in 2017. It requires 10k DMD and a static IP address (or Tor browser installed) to be able to get masternode recwards. Once you setup your masternode, you should be getting around 7.5 DMD per masternode per day on average. This system will distribute around 1000 per day between all active masternodes. During the first year or so, DMD team expects to have around 140 masternodes, with block rewards being split between Proof of Stake and Masternodes, 35% and 65% respectively. In essence,
this means close to 25% interest per year if you run a masternode and about 20% interest per year if you run a PoS wallet only. Even more interesting option is to set up your masternode and to send receipts from that node to your DMD Diamond staking wallet. This way you get paid from your masternodes and your receipts continue staking and generating even more DMD. All in all, this is again very advanced staking system which is used by several large coins, Dash, for example. It is also significantly more advanced compared to classic mining. Staking rewards will be going down over the years as a part of DMD Diamond coin rollout and inflation control. For more info, please consult DMD Diamond whitepaper.
3. DMD Diamond multipool system. If you do have unused rig or a GPU, you can set up your Nicehash miner to mine whatever currency you select, connecting it to DMD Diamond multipool and get paid DMD Diamond to your address. It is very easy to set it up and it is another hassle free mining system which will bring you more Diamonds to stake or use into masternodes. However, if you are a more experienced miner, you can use more advanced mining options if you prefer. The accent here again is on simplicity, DMD Diamond multipool is a set it and forget it option, once you set it up, it can operate hands free for as long as you want. Also, make sure to understand by using DMD Diamond multipool, you again have opportunity to earn from two revenue streams, you get DMD Diamonds from mining via Nicehash and after u get you coins you can send them to your wallet to stake and generate additional income. For more info, you can visit DMD Diamond multipool page -
https://multipool.bit.diamonds/ 4. DMD scarcity. The number of DMD Diamonds is limited to 4.38 million and this crypto is very, very scarce. Scarcity combined with all these different way to make money push the price up and limit availability of new coins. I strongly believe this will continue in the future, this coin can go quite high.
5. DMD reputation and longevity. This coins has been in continuous development by this team since 2013. If you take into consideration how many coins which existed then exist today, you ll see your list of old successful coins is quite short and DMD is one of them. Actually, it is number 4 on that list, according to these characteristics. More info on that here:
https://bitcointalksearch.org/topic/m.24695154 Finally, DMD Diamond team s extremely hard working and honest group of people. During almost 5 years of DMD development, there has not been a single scam or major crisis. The community is also quite vibrant, we help each other and I invite you to join us whether you decide to acquire some DMD or not. You can find us via DMD Diamond Bitcointalk thread. Another recommended option is to join DMD Diamond slack channel.
Let me know if I can help out in any way. As always, stay safe, protect your portfolio and always differentiate your investments!
Cheers!
Here are the most important links:
DMD Diamond Home Page -
https://bit.diamonds/DMD Diamond Whitepaper -
https://bit.diamonds/DMD_WP_1.0.pdf DMD Diamond Bittrex page -
https://bittrex.com/Market/Index?MarketName=BTC-DMD DMD Diamond Bitcointalk thread -
https://bitcointalksearch.org/topic/ann-dmd-diamond-30-scarce-valuable-secure-pos-30-masternodes-65-580725 Request DMD Diamond Slack invite here -
https://bit.diamonds/contact.phpDMD Diamond multipool -
https://multipool.bit.diamonds/DMD Diamond Reddit:
https://www.reddit.com/r/dmdDMD Diamond Twitter:
https://twitter.com/dmdcoinMasternodes profitability and statistics:
https://masternodes.online/currencies/DMD/DMD support website containing several guides, FAQ and several useful tools -
https://diamond-info.github.io/DMD Landing page -
https://bit.diamonds/hellodmd/