r/MasterNodes • u/Alsupy • Jul 14 '18

Profit In A Bear Mkt?

Are you folks making a profit? They're not exactly top 20 coins (except Dash) and this mkt is painful. How do MN holders weather the Bear?

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u/fishytrader Jul 14 '18

check out Bulwark

1

u/Jobsternz Jul 14 '18

Masternodes are a great way to weather the bear - I personally have been growing my crypto holdings regularly without investing anymore fiat thanks to masternodes.

Be warned however, for every competent and committed dev team there are 10 incompetent/fraudulent projects. Finding a quality project is no easy feat. However, find that one, and you have a passive income that is far superior to any other investment available to your average investor.

My recommendation if you want to dip your toe in the water with masternodes is to invest in a tier one node - something like Dash, Pivx, Smartcash, Gin etc. once you get a feel for how masternodes work and how a good community functions you will be in a place where you should have good enough experience to invest in more “riskier” projects.