Bitcoin Forum

hello
I know there are many experts in digital currency here
So I want to ask about a project is:
masternods like dash coin
this is his website :
https://sovranocoin.com/?fbclid=IwAR3D4LOwzmHlVuKhKdqhRHPQ2Zz_dwVmyQLVhg1akz6DUnsygfoF9fqHbuc

and here where i can see the Benefits
https://mntrend.com/en/currencies/SVR

Do I buy 1000 pieces I can own masternod ?
What do you recommend?

This is their address on the site
https://bitcointalk.org/index.php?topic=5115081.0

  :-* :-*

There are hundreds of POS-based blockchain models. Can you tell us why you chose this? I don't know much about this project, so I won't make a comment.
But I wonder why you choose that one!

A friend sent me ,and I am not an expert in the field
I wanted to inquire more

With masternode coins, if it wasn't the most trusted I won't invest my money there.

Many MN's are scammers so before investing still recommend to DYOR.

We have so many project existing this days and it is very hard to tell which project is real or which will turn out to be a scam until it has lasted for a while, this is the reason why I might not be able to advise you if the coin is a good buy or not, because I can tell you it's a good buy and it ends up becoming a bad buy thereby putting the blame on me, or I tell you it's a bad buy and it end up becoming a good buy then the blame will still be on me for advising you wrongly, so I think it's best you make your research yourself then you can boldly take a decision whether to buy the coin or not.

Still, please note I just remember a discussion which is saying "those ICO scammers are now into masternode kind of POS things". So, please take more steps for evaluating a project before finalizing for investing with.

I couldn't understand what masternode means in this topic, but I think someone should define first in order to spread more information regarding this matter.

Just choose the one who will have provide you profit.
But I dont consider dash masternode, personally. Not the good.

Have you read what OP is asking? it's easy to understand that he's asking about another coin that he's interested with investing to its masternode.

Refer to the first post and see what he's talking.

The best teacher is your own experience, while digital currency experts only have advice and experience that has been experienced through years of research. Well, my point is to do your own analysis with your plan that matches your investment strategy or trade. Thanks

Masternods? Sounds like a bad idea investing in here. The bitcointalk ANN is well constructed and was posted by a Hero Member for it to be trusted by the community. Masternods is more of a mainstream than ICO so bad guys such as scammers are now more engage in masternods. Just try to search about this and hear feedbacks and if the feedbacks are good and satisfied you, then invest.

Are you really asking or just promoting your own project? I cant give you recommendation unless you have other options to compare. Anyway masternodes is not a good option for me to invest because most of masternode coins just scam scheme, even Dash which has features related to privacy things.

I will recommend INSURANCE token like INZURA (https://www.inzura.world).

Insurance token is next revolution in cryptocurrency that is developed  by best in class insurance protocol and tested in cryptocurrencies that  can be used to claim loss of crypto assets.

INZURA an ERC20 token which will be used as insurance token to protect your crypto asset and claim lost cryptocurrencies.

I think you should research this master node coin as much as you can. Because most of the new master node coins are a scam! This project's ANN thread looks good but the team is inactive to answer raising questions in the ANN thread! If you are new in master node coin sector, then I recommend you to learn first then research and after then you can make a good decision! Take people's recommendation is for research not for the decision!

I think your comment is irrelevant here because he asked recommendation about his targeted project and I am quoting your comment to know why you trust Inzura token? I am doing its bounty campaign. Inzura project and community like already dead. Look at their telegram group, there is nothing happening but spam! They don't have any good partner and the team is totally inactive! I think Inzura is not a good project to recommend someone!

even Dash has no real features. they just talk about it, but in reality these are all just empty words.

I think you'd need to do a lot of research before you get involved. Just because it has masternodes, it doesn't mean it's any good. It is always important to do as much research as you can before buying into a project.

wait till it goes down -50% the next four months buddy, don't trust masternode coins that much unless they have a high volume and also beware for premine scam, don't invest that quicky without research.

Thank you so much
all of you
I will search more and think twice before making the decision
Thanks again
Your tips are helpful and will help me a lot not only in this project
But in any project

 :-* :-* :-* :-* :-*

When I first met Cryptocurrencies, a friend told me about POW and POS. And the blockchain networks that work with POWs are more valuable. That's why I've never been involved in POS's networks.

The masternode is just an innovation of the project to encourage the investors to have at least 1000 of the coins as savings which will in return be generating something like interest, just like our traditional bank saving on fixed amounts.

Well, the innovation is not a bad idea, at least this has the tendencies of reducing pump and dump and encourage long term holding till the project see lots of development but practicing this also depends on the project and the developers, it still has to be practiced on a project that has good potential, otherwise, one will still end up savings a coin that will be shitcoins as a result of bad team.

Though it looks good but sorry I can't recommend this master node because I don't know much about this! And, honestly, I am seeing this project only from you! I went to research and guess what, their website too much slow to load! So, they can't even upgrade the website properly. However, this is not an issue either! In the ANN reply section, I can't see any constructive answer from the team! So, think more than twice before spending your hard working money on that project! Good Luck.

No one can say if that project is legit in long term, i see a lot of this kind of projects in past with masternode which after sell most of coins they run away and never made any update, if i can choose now to extra invest in a masternode coin i will choose XLR (Solaris).

You can invest in smaller and lesser well known projects such as this if you like the coin specifications and ROI, but there are more options available in this category so just ensure the project you choose has a dedicated development team behind it who are very communicative and that it has enough liquidity in secondary markets else you may find the value isn't sustainable long term and you'd be better off investing in a higher quality asset even if the profits aren't as much

Running master node is a good way of making money but the problem is scammers so watch your ways ,make sure you proceed through the right source but I prefer Proof of Staking better than master node ,its less costly and many coins has POS implementation so you can choose from lots of them

The only thing I recommend today is to continue with what started cryptocurrency to compensate for the losses last year. And the other one is positive at all times especially now that the crypto market has a great increase in its performance and my prediction higher than the next months and those who have invested will earn a great deal, so those who do not invest will be invited to invest in order to earn.

You're supposed to make this decision, not us. If you direct your investment decisions with someone else's idea, you will be detrimental in both short-term and long-term because investments made with the advice of others are never safe. To make detailed research about the investment you want to make, to make investment decisions with your own experience will be beneficial for the personal development of yourself as well as you will gain all the knowledge and other details in the area where you invest. Therefore, it is necessary to think about this decision and do not invest in a thorough and detailed way. If the whole event is just to answer, buy it, maybe in the next period of $ 100 would be rich, and you can make a pass with the suits you like.

There are many altcoins and the crypto in the market which has great potential for the investment in short future. Recently I recommend you CHIMAERA the gaming coin which give you the more profit in future. But, Tron is sufficient for the long term investment.

I think you're a little here to get good information on the forum , too many opinions , I think the masternode is not very profitable now , if I had to choose masternode then only those coins which are in the top of the dash pivx neo , I think their meaning is and to put a masternode .

I think that there are much more proven masternodes on the market, that can be really profitable. It is not an easy task to find a good one, but I think if you spend some time by searching related websites it won't be a problem.

Dash is a Proof of Stake coin, you will need some amount of coin to be able staking and get more coin.
But if you want to be the masternode, you will need some big amount of coin.
The reward of masternode is far higher than common staking, but you need some big amount of money to buy the coin much.

You already said it Dash is the best masternode coin for me, you can see historical ROI (Return of investment) and other info here: https://messari.io/asset/dash
Dash new roadmap to expect in 2019:
https://www.dash.org/roadmap/

it's really better if in my opinion choose a coin that you think will be profitable and never buy coins by following friends to choose coins

Well to be honest, dash masternode is not that efficient as you need to buy first a thousand of it to be able to use its feature, you can actually enjoy a free wallet just be patient about transaction speed and cost but I think it will going to be much more money friendly to not consider dash masternode.

  One of my friend has been working with master node market more than 7 months, he told me that it is a full of trap and dangers but sometime to huge extant you can find gem projects here in master node that provides you with real and sustainable passive income, but still while selecting an investment opportunity, always analyze the working team.