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/biz/ - Business & Finance

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5957471 No.5957471 [Reply] [Original]

anyone invested in running a node or staking? Looking at some calculators they look insanely profitable especially f you believe in the coin.

I’m looking at a certain privacy coin node that should cost about 50k but pays 200k+/yr at the CURRENT price. I think the coin can do an easy 10x too

Am I missing something here? Is there costs or risks beyond normal crypto risks? This shit looks too good

>> No.5957529

sonm and maybe dcorp they both have strong teams behind their shit and already booming

>> No.5957586

>>5957471

I’ve been accumulating a coin for a node too. If you have the capital and belief in the coin go for it. I think I know which coin you’re talking about too

>> No.5957665

This is how you know 90% of /b/ is full of shit about their gainz; nobody can afford a supernode, therefore it is rarely fucking discussed on /b/.

>> No.5957730

Tell me more. I can afford this

>> No.5957842

>>5957471
they may never make the node system
alt-pocalypse
other than that, it's just a high barrier to entry and luck.

>> No.5957870

>>5957730

Honestly dude it’s not hard to figure out. I’m not here shilling, purchasing 50k of this coin is gonna kinda be a pain in the ass so I don’t want to spoon feed it too much on here. It should be pretty easy with the info I gave though. Good luck bro, I hope I can get enough together for a node. Can’t believe I don’t see more discussion on this stuff. I’m here everyday and it’s hardly talked about

>> No.5957875
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5957875

mag, pure, crave

>> No.5957954

>>5957471
The risk is that it collapses and becomes worthless. The altcoin crash is coming and if it's a shticoin it's going too.

I grabbed a VeChain mid node a while back just because I feel like a corporation is less likely to tank when it finally happens.

>> No.5957965

>>5957870
because it needs deep pockets. minimum to enter anything decent now is $5-10K, and it's still risky. many coins have masternode concept planned but if they stall out it's worth $0. and like say acquiring them isn't that easiest.

>> No.5958111

>>5957954
>>5957965

True, true. Thanks guys. I believe in the long term (at least 2 years) viability of the coin so I figure to be safe call it 75k to get the node up, should pay around 220k at the current price but I see the coin hitting an easy 5-10x. I’ll just shut up about it and go do more research thanks fellas

>> No.5958113

>>5957730
it's SAGA

>> No.5958125

>>5957875
>mag
Don't know anything about those other two, but I already know you're gonna have a great year. Enjoy, faggot, I'm jelly as fuck.