My question is, why would I spend nearly $7K in a masternode @ BSD while market cap is bearly $5M ?
I can set masternodes in much cheaper price on much lower cap coins.
Your own statement answers your own question, which is somewhat ridiculous. If you take BSD, you may need to invest more than you would with some coins to start a masternode, but you would also be
earning more per month that with those other coins. The BSD masternode is pretty profitable IMO.
It is as good a way to make coin as any out there unless you know the future. (if you do, please let us in on the secret!)
I like that the actual supporters of this projects aren't nonsensically hyping it to be the "next big thing" et. al.
Hi, this coin looks good. I've invested a little bit. I hope he can bring me great profits
You shouldn't buy an altcoin just because you want a profit IMO. If you want to generate passive profit, then it is recommended to purchase a masternode.
I totally agree.
And I will add that it is very hard to find masternodes, not too expensive, and where development is very active, with a great team and a long-term strategy.
And in addition, with Bitsend, you earn 70% of the remuneration of the blockchain, which is rare in crypto coins.
This is why I am very happy to be part of the BITSEND project, and to have a Bitsend masternode.
Analyze all the projects, and you will see why Bitsend is a very good long term investment! And even better if you have a masternode ..