Masternodes are very new in the CryptoSpace and are characterized by a very high ROI (Return Of Investment) from the time of launch and this ROI increases as the coin price decreases and vice-versa.
Currently, there are over a hundred (100) Masternodes coins which have a yearly ROI above 1,000%. This is over 83% ROI a month and Cotton Coin happens to be one of them. There are also seven (7) that have an advertising yearly ROI’s of more than 10,000% and this is over 833% ROI a month which is over 27% ROI a day.
I guess it is at this point that you may have this question in mind “how reliable and legit are these Masternode platforms?” Well, it always sounds suspicious to hear of an investment with such a high ROI.
Let me take you through the list of the seven Masternode coins with the highest ROI, from low to highest:
SPEDO (SPO) With a yearly ROI of 11,640%
SPEDO is very much a suspicious masternode coin as it is a subject to pumps and dumbs. It price has move from $0.12 to $2.90 in a day and in less a week, it went all the way down to $0.02 which is equivalent to a 99% loss.
A SPEDO masternode was $2,900 a month ago but it is currently about $26.
Lucin (LSN) With a Yearly ROI of 13,346%
There is currently no information or community related to this masternode coin, just the high ROI associated to it and the “scam accusations” on Bitcointalk forums. Still, people took the risk and there are seventy (70) Lucin masternodes running.
HIGHLAND (HLD) With a Yearly ROI of 13,840%
It was launched in April this year and has seen the price of its masternode fall from $3,000 two (2) months ago to $21 currently. The coin price has also dropped from $0.71 to $0.005 within this same period.
Xando (XDO) With a Yearly ROI of 16,248%
It was launched in June this year and it has also seen a drastic fall in price that has lead to its ROI moving from 680% to 16,248% a year.
Renish (RNSH) with 16,436% ROI a Year
This coin witnessed a drastic drop from $0.43 to $0.041 with a week and this made its ROI to move from 700% to 16,436% a year.
Anodos (ANS) with a 22,845% ROI a Year
This masternode coin has no website, talk more of a whitepaper or roadmap. It only has a high ROI attached to purchasing a masternode which is also very expensive. An Anodos masternode cost $529 and there are currently seventy-nine (79) of such operating at the moment.
AdlerCash (ADL) with a yearly ROI of 41,663%
AdlerCash was made know as a masternode tool in which investors buy ADL and allow the team to invest in more masternodes while paying out weekly profits (in Ether) to investors. An ADL Masternode cost $2,361 and there are fourteen that are currently running.
Points To Note
It is easy to think that once we invest in Masternode(s) , we are bound to get a high ROI which is sometimes true but take note of these points:
The ROI Itself: The ROI of a coin is calculated in USD but a masternode investors get a bunch of the investment coin whose USD value is equal to the estimated ROI. In real life, It is most times difficult to exchange those coins to its USD value.
Price Of The Coin: A fall in the price of a coin leads to a fall in the price of its masternode and an increase in its ROI (and vice-versa).
The Market: Masternodes with very high ROI turn to have no market or very little trading volume. As such, investors get stuck with a lot of these coins indicating high profits when they cannot trade them recover up to the point of recovering their initial investment.
Also, Investing in Masternodes can be the most profitable investment if the coin has just been launched and/or one is sure of these factors that I will provide next:
Factors To Consider Before Investing In Masternodes
The most important factors to consider before investing in masternodes turns out to be the same factors to consider before investing in PoS, PoW coins or any other coin. These factors include: The team behind the coin, the purpose of the coin, strong marketing and advertising schemes, already carried out projects, partners, reliable customer support and a few more.
It is for these reasons that Dash has been the most popular and most successful masternode cryptocurrency.
The values of ROI provided above are not bound to be constant. I took a week to complete this post up to this level and as such, most if not all of those values must changed (maybe just slightly or worst). It’s not my fault, Cryptocurrencies will always remain volatile!.
This post should not be taken as a financial advise but if you decide to see it so, it is on YOU!