For the newbies looking to set up a masternode, here are a few things I would keep in mind. Just FYI
- Look up the dev's past activity. Have they been around for a long time? Have they had "abstention periods" earlier and only showed up to take their slice of the pump?
- How long has the coin been active? Was it always supported well?
Were the devs passionate when the markets were dull?- Does the coin have a premine?
- What % does the masternode pay you? Can you get better than that with another coin? Is it the right balance with the miners share?
- Do the devs have a "dev tax"?
- Was there an ico?
- Is the coin already overvalued leaving little room for growth? Remember its easier to go from $500k to 5 mil than it is for it to go from 5 mil to 50 mil.
These considerations should help you choose the right coin for your masternode if you are in for the long run to profit from coins earned off masternode + a general rise in value of your coins.
Once you have chosen the right coin, congrats, you have greatly increased your odds of getting an excellent ROI
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Good luck and remember, choose wisely!