/biz/ - Business & Finance

>>22504227
hey anon
i have 15k XSN

Can i Stake already? How much do I gain per month?

>>22504627
It goes like this.
1. You can use the cloud service if you've got a total of 15150 XSN.
2. You can host a masternode yourself (15000 XSN and a computer running 24/7)
3. You can stake your XSN in your core wallet by unlocking staking (computer running 24/7)
4. You can use TPOS in order to have someone else stake for you. I.e. Cold-staking.
5. You can stake your xsn in the cloud staking pool, i.e. sending your funds to the cloud wallet.

With 15000 XSN, you're 150 XSN short from using the cloud service to host your masternode. I'd either get a few more XSN, or stake for a while to get the 150 XSN, then use the mnaas (masternodes as a service) on their cloud. It's very easy to do. Just follow the guide on their cloud website. Or watch this video: https://youtu.be/x9_YdU8vWrU

Beware that the staking pool on their cloud isn't meant for large amounts of XSN, and they have a withdrawal limit iirc. Otherwise that'd probably be the easiest and quickest way to get the remaining 150 XSN unless you decide to buy it.

It takes about 5~ days until your first rewards, and with 15000 XSN you should get about 5~6 XSN on average each day I believe.

>>22504821
If you use the pooled staking on their cloud the rewards start rolling in very quickly I believe.

DELETE THIS

>>22504227
or just try LOKI

>>22504947
>Implying you can kill the hydra.

So you say this is extremely late in the game.
Thanks for the warning, not gone lose money on this one

>>22504821
thx for info, can i withdraw my 15k xsn whenever i want to? lets say example xsn pumps to the moon and i want to sell, how long it takes to withdraw and how much i can withdraw at once?

is this reliavle? eg. is this xsn's cloud service or third party?

>>22505090
>Price hasn't gone up.
>Fud has been completely insane for the past months.
>Masternodes are daily being accumulated cheaply.
>Market cap still extremely low ($26,728,260)

Oh gee, it sure is "extremely late", better not buy in before it goes to the moon goy, that'd be bad for my... I mean, for your own purse. B-better buy in at $100, then you can be sure that it's a safe investment. Trust me goy... I mean dear bizlet.

>>22505114
The cloud staking pool (the wallet on the cloud) is centralized, I'd trust it accordingly. It's the same as having it on a centralized exchange. Thus if they get hacked you will lose your funds etc. The cloud services are hosted by the X9 team, so if you trust the team then sure, it's reliable. You can withdraw from there, but it takes a bit longer I believe, and then there's the daily withdrawal limit I think, so probably not ideal if you want to keep yourself flexible.

If you use TPOS for cold staking, or use the masternode as a service from their cloud however, you always keep your funds in your own wallet (not centralized). In that case your funds are kept in your own special address as collateral for as long as you use the services. In turn, "un-collaterizing" your funds is as easy as removing a line of text from a config file, or removing the TPOS contract, after which you can immediately send funds to wherever you want to sell them. This can be done within minutes. I believe that the team is working on making it possible to stake/keep masternodes from the light wallet. Once that is done you will be able to sell your XSN straight from your own wallet, without having to send your funds to any centralized exchanges.

If I had 15,000 XSN, I'd just buy an additional 150+ XSN and use the Masternode as a service. It's very easy, and arguably the most profitable option right now.

>>22505444
Checked, now delete.

>>22504821
so you say that with 15150XSN the best thing you can do is make $1.5 per day?

>>22505444
but anon... the computer runnin 24/7 will burn more than $1.5 per day.

how is that profitable?

>>22505495
Is this how the new fud works? Larp as someone who's genuinely interested, and then suddenly act concerned over minor details afterwards? Obviously if the price is $0.23 per XSN, then you'd get $1.5 for 5 XSN, yeah. Mind you that's still 13% ROI annually if the price stays at 2 cents for the whole year. I don't see how that is a concern at all, considering we're obviously expecting the price to rise in the future. Imagine generating 1780 XSN in a year, and the price goes to $3, then you'd have suddenly made $5340. If you bought 15000 XSN at $0.2, you paid about $3000. That'd be a ROI of 178%. Not to mention your initial investment having become worth $45000 instead of $3000.
>MUH INSTANT 1000% GAINS
Fucking american and Pajeet short-term returns culture, I don't even.

>>22505444
>>22505495
>>22505540

>>22505540
The cloud vps cost 15c a day for 1 node. You make a profit already at this low marketcap/price.

>>22505444
checked
>>22505495
>>22505540

>>22505444
thanks for the info. so is that youtube link you posted, info for the masternode as a service set-up?

>>22505444
thanks for the info. so is that youtube link you posted, info for the masternode-as-a-service setup?

>Everything is FUD
>why
>IT'S FUD THAT WOULD YOU GET BANNED FROM OUR TELEGRAM
>STOP ASKING CRITICAL QUESTIONS
>BUY MY BAGS!!!!

>>22505886
Yeah it is. You don't really need to follow it, basically the video just follows the already existing guide for setting the masternode up on the cloud. It's also a bit outdated and doesn't mention that you must have 150 XSN on your cloud wallet when creating the masternode (I think). And also, once you're done with all the steps it takes about 5 hours or so for the masternode to initialize on the cloud, before you can start it from your core wallet. You'll receive an email telling your to restard your masternode, once it's done initializing. I recommend checking the video to get an idea of how easy it is to set it up either way.

>>22505942
I don't even know what the fuck Telegram is. Is that the new twatter for cool kids? Explains why you seemingly know about it.

>>22505967
ok thx take rare pepe

>>22505942
most of the conversations are in discord, and I've yet to see evidence that low quality fud will get you banned.

do you have said evidence, or are you continuing to concern troll?