How to make serious money by investing into Proof-of-stake – PoS and masternodes

[crazyivan]

Hey guys,

I see a lot of threads here about where to invest BTC or how to make BTC. I also get a lot of questions, especially from new crypto issuers, where to invest BTC long term, what is safe and what brings money.
So, here is something I have been using for the last 2.5 years and it has brought me nothing but profits – DMD Diamond Proof of Stake system.

Before I share this with you, let me say I am a long term DMD holder and I would never share something with people without testing it first with my own money. There are no referral links here, I do want to see DMD Diamond community grow but only because this is very nice coin and even better related services. I do not personally get any fee if u decide to join or not, DMD Diamond represents favorite part of my personal portfolio and I simply would like to share info about it, especially with new crypto users who might be less familiar with PoS.

How does DMD Diamond Proof of stake system work?

For those of you who might be unfamiliar with PoS, the easiest way to present it is as a form of mining which does not require ASIC, graphic cards of any significant hardware investment.  All you need to do is to buy coins, place them in your wallet, have you wallet online and opet for staking and your coins will stake and generate new coins.  Your coin piles compete with other coins for staking rewards and if you keep your wallet online and staking for the entire time, your rewards will be substantial. In other words, once you acquire DMD, it becomes interest bearing asset with significant returns.  You can find more info on DMD Diamond home page - https://bit.diamonds/

There are several ways to make money with DMD Diamond and I have personally tested each and every one of them.

1. Simply buy DMD Diamond, put them in your wallet and let them stake at current rate.  All you need to do is to unlock your wallet for staking and you will start receiving new coins. This process resembles classic PoW mining, just without excessive heat, noise or electricity bill which generate classic GPU rigs or ASIC machines.  All in all Proof-of-stake is much more advanced form of “mining”, that is why Etherum is going to switch to PoS   sometime in the future.  The main DMD Diamond exchange is Bittrex, here is the link - https://bittrex.com/Market/Index?MarketName=BTC-DMD
 
2. DMD PoS&masternode system. This is a new DMD Diamond investment option which was introduced in 2017. It requires 10k DMD and a static IP address (or Tor browser installed) to be able to get masternode recwards. Once you setup your masternode, you should be getting around 7.5 DMD per masternode per day on average. This system will distribute around 1000 per day between all active masternodes.  During the first year or so, DMD team expects to have around 140 masternodes, with block rewards being split between Proof of Stake and Masternodes, 35% and 65% respectively. In essence, this means close to 25% interest per year if you run a masternode and about 20% interest per year if you run a PoS wallet only. Even more interesting option is to set up your masternode and to send receipts from that node to your DMD Diamond staking wallet. This way you get paid from your masternodes and your receipts continue staking and generating even more DMD.  All in all, this is again very advanced staking system which is used by several large coins, Dash, for example. It is also significantly more advanced compared to classic mining. Staking rewards will be going down over the years as a part of DMD Diamond coin rollout and inflation control. For more info, please consult DMD Diamond whitepaper.
 
3. DMD Diamond multipool system. If you do have unused rig or a GPU, you can set up your Nicehash miner to mine whatever currency you select, connecting it to DMD Diamond multipool and get paid DMD Diamond to your address. It is very easy to set it up and it is another hassle free mining system which will bring you more Diamonds to stake or use into masternodes. However, if you are a more experienced miner, you can use more advanced mining options if you prefer. The accent here again is on simplicity, DMD Diamond multipool is a set it and forget it option, once you set it up, it can operate hands free for as long as you want. Also, make sure to understand by using DMD Diamond multipool, you again have opportunity to earn from two revenue streams, you get DMD Diamonds from mining via Nicehash and after u get you coins you can send them to your wallet to stake and generate additional income. For more info, you can visit DMD Diamond multipool page - https://multipool.bit.diamonds/
 
4. DMD scarcity. The number of DMD Diamonds is limited to 4.38 million and this crypto is very, very scarce. Scarcity combined with all these different way to make money push the price up and limit availability of new coins. I strongly believe this will continue in the future, this coin can go quite high.  

5. DMD reputation and longevity. This coins has been in continuous development by this team since 2013. If you take into consideration how many coins which existed then exist today, you ll see your list of old successful coins is quite short and DMD is one of them. Actually, it is number 4 on that list, according to these characteristics. More info on that here: https://bitcointalk.org/index.php?topic=580725.msg24695154#msg24695154
 
Finally, DMD Diamond team s extremely hard working and honest group of people. During almost 5 years of DMD development, there has not been a single scam or major crisis. The community is also quite vibrant, we help each other and I invite you to join us whether you decide to acquire some DMD or not.  You can find us via DMD Diamond Bitcointalk thread. Another recommended option is to join DMD Diamond slack channel.

Let me know if I can help out in any way. As always, stay safe, protect your portfolio and always differentiate your investments!

Cheers!
 
Here are the most important links:
 
DMD Diamond Home Page - https://bit.diamonds/

DMD Diamond Whitepaper - https://bit.diamonds/DMD_WP_1.0.pdf
 
DMD Diamond Bittrex page - https://bittrex.com/Market/Index?MarketName=BTC-DMD
 
DMD Diamond Bitcointalk thread - https://bitcointalk.org/index.php?topic=580725.0
 
Request DMD Diamond Slack invite here - https://bit.diamonds/contact.php

DMD Diamond multipool - https://multipool.bit.diamonds/

DMD Diamond Reddit: https://www.reddit.com/r/dmd

DMD Diamond Twitter: https://twitter.com/dmdcoin

Masternodes profitability and statistics: https://masternodes.online/currencies/DMD/

DMD support website containing several guides, FAQ and several useful tools - https://diamond-info.github.io/

DMD Landing page - https://bit.diamonds/hellodmd/

[1713948570]

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[1713948570]

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[shveicar]

I think that against the background of the potential drop of bitcoins to $ 1500, judging by the schedule:



investing in DMD which has 25% of annual income, this is a very good offer.

[alani123]

I think that against the background of the potential drop of bitcoins to $ 1500, judging by the schedule:



investing in DMD which has 25% of annual income, this is a very good offer.

If a price drop further than 25% is somewhere on the way, then even the absurd 25% annually doesn't sound that great no matter what the altcoin bearing the returns is.

[oportunis]

The DMD is mainly designed for long-term holding. Currently, you cannot live off it or can you?

I like everything you posted and I also invested in DMD and cloudmining. Could you please also explain more about Nicehash miner. What are the min. requirements to join?

[shveicar]

I think that against the background of the potential drop of bitcoins to $ 1500, judging by the schedule:

investing in DMD which has 25% of annual income, this is a very good offer.

If a price drop further than 25% is somewhere on the way, then even the absurd 25% annually doesn't sound that great no matter what the altcoin bearing the returns is.

Ok, You can of course transfer your bitcoins into dollars and euros and expect the end of the fall in them, but in my view, investing in profitable POS coins will be more profitable.
Diamond, unlike other POS coins, has the exact number of coins in the system 4.38 million (2.1 million already mined) and final inflation, so the risk here is minimal.

[cryptonit]

I like everything you posted and I also invested in DMD and cloudmining. Could you please also explain more about Nicehash miner. What are the min. requirements to join?

dmd multipool and dmd cloudmining are differemt things

dmd multipool can be used with and btc payout multipool

because of actual btc tx fees nicehash payouts come only at minimum balance 0.1
or once a week 0.01

[crazyivan]

I think that against the background of the potential drop of bitcoins to $ 1500, judging by the schedule:

investing in DMD which has 25% of annual income, this is a very good offer.

If a price drop further than 25% is somewhere on the way, then even the absurd 25% annually doesn't sound that great no matter what the altcoin bearing the returns is.

Ok, You can of course transfer your bitcoins into dollars and euros and expect the end of the fall in them, but in my view, investing in profitable POS coins will be more profitable.
Diamond, unlike other POS coins, has the exact number of coins in the system 4.38 million (2.1 million already mined) and final inflation, so the risk here is minimal.

You can get all info about DMD Multipool and Nicehash mining via this link: https://multipool.bit.diamonds/

Please take a look at FAQ, you can find all info there.

The better GPU and CPU you ve got, the more DMD you can get using Nicehash service. Essentially you mine other coins which get exchanged for DMD and you get you payments in DMD Diamond.

[crazyivan]

4th DMD Bday is just around the corner. How many PoS coins have been around to celebrate their 4th anniversary? I do not know many.

[mrcash02]

Seems nice... But why would people use Diamond coin instead of BTC and another Alt Coins?

What is the average ROI time on cloud mining investment (based in your own experience)?

Do I need to download a wallet or can I use an online storage wallet (no exchange)?

[Qartada]

Seems nice... But why would people use Diamond coin instead of BTC and another Alt Coins?

Diamond is Proof of Stake, while Bitcoin and most major altcoins (even ETH for now) are Proof of Work.  This means that new coins are rewarded to users based on how much of the coin they already own instead of the hashrate they have to support the network.

From the perspective of someone who wants to earn profit, it's about steady increases in their stake in the coin, along with the usual crypto price fluctuations.

What is the average ROI time on cloud mining investment (based in your own experience)?

It's always impossible to tell with these things, considering changes in difficulty and price.

Do I need to download a wallet or can I use an online storage wallet (no exchange)?

Online wallets for small coins are always crap and scammy.  The diamond wallet is very basic, just one .exe file.

[crazyivan]

For those of you who might not want to wait until DMD Diamond wallet syncs, there s something new from the dev team.

Diamond Express Installer

https://mega.nz/#!4AwSUDhb!WHkoCH7qJv4gJKCf-pTdtGtRw-qwPXdHG9P2My6Vfqk

This installer is with chain (until 17-04-2017), diamond-qt, deskop icon creator, addnode file and uninstaller.

[shveicar]

For those of you who might not want to wait until DMD Diamond wallet syncs, there s something new from the dev team.

Diamond Express Installer

https://mega.nz/#!4AwSUDhb!WHkoCH7qJv4gJKCf-pTdtGtRw-qwPXdHG9P2My6Vfqk

This installer is with chain (until 17-04-2017), diamond-qt, deskop icon creator, addnode file and uninstaller.

In fact, this installer is just a small addition.
I have always used the launch of a wallet on a removable disk via a shortcut.
This does not cause any problems.
You can also download and unpack the archive with blockchain.
But it is possible that for new users this can be convenient..

[slaman29]

It's quite amazing to see this is almost four years old... amazing because I only heard about it from reading this thread. If circulating numbers for this coin is fixed... then what happens when all coins have been mined? I see all of you posters support the coin: tell me honestly, is it too late for us who want to join now and maybe will only have a small amount?

[crazyivan]

It's quite amazing to see this is almost four years old... amazing because I only heard about it from reading this thread. If circulating numbers for this coin is fixed... then what happens when all coins have been mined? I see all of you posters support the coin: tell me honestly, is it too late for us who want to join now and maybe will only have a small amount?

I have been around for a long time in crypto and I think my trust rating tells you whether I m honest or not. Furthermore, I have also openly disclosed I m a long term DMD Diamond holder.
Placing all that aside, I sincerely believe DMD will reach $5 some time in the future. I was around when DMD Diamond was 12 cents and look at the price now. It s about to reach 4 years as a result of hard work and determination of the dev team as well as support of the out great community.

Whether it s too late depends on how persistent you can be in storing DMD Diamonds and what do you want to achive. Most of us inside DMD posses that "hamster" mentality where we like to store and stake out precious coin. If you fit that type of person where you want your coins to act as a store of value over time while staking and generating additional interest for you, then DMD s an excellent opportunity and it s never too late. If you want simply to speculate on the price, DMD should not be your preferable choice. The entire DMD program has been envisaged as stable and long term income stream while preserving and increasing value of your investment.

True, getting as much as possible as soon as possible is something I think would be smart since masternode program will roll out in July/August and at that point hunt for DMD Diamonds s going to be even harder since 10k DMD is requires for a single masternode. Each and every person having 9400 or 19200 or 28300 coins will try to round up that number to 10k per masternode and the only way to get that fast is by buying coins.

Finally, I do suggest to take advantage of DMD Diamond multipool and cloudmining program, they also add additional DMD income streams which can increase you bag of coins.
Having said all this, potential risk are always there, take that into consideration when decide whether to join us or not. After all, I m also crypto holder and investor and not a DMD cheerleader.  

Hope this helps, let me know if you need more clarifications.
Also, I suggest to join DMD slack, you ll get answers there much faster. Here is the link: https://dmdcoin.signup.team/

[Slow death]

I have some questions

How much did you invest?

How much return you already had?

Based on your experience, what would be the minimum amount you would recommend to invest?

[crazyivan]

I have some questions

How much did you invest?

How much return you already had?

Based on your experience, what would be the minimum amount you would recommend to invest?

Unfortunately, I cannot provide exact data for this since my first DMD Diamond purchases and investments took place almost 3 years ago when this coin was 12 cents. Since current price is 10x that, it s obvious I have ROIed long time ago. I do not think we re even close to the optimal DMD price and I think it ll continue to go up. However, I m not a pumper here, I do post this in order to try to pump the price based on unrealistic expectations. I simply try to point out and share info about this great project. 4 years old PoS coin, great dev team, not a single scandal or scammed person, great and active community,a very nice profit potential, new services, including masternodes, to be introduced very soon. This is a long term project and long term investment, you will not get your ROI in 60 days as some speculators might expect.

I can say I ve also used DMD Diamond cloudmining, I ROIed there as well. I personally used Nicehash multipool option to increase my DMD Diamond stash and regularly stake my coins.

There s no minimum amount, you should invest as much as you feel comfortable. The more you invest, the more you can gain if things go the way we plan them to go.
Also, do not just buy bunch of coins and push the price up, dont waste your money that way. Buy bit by bit and take advantage of situations when the price is lower since it s hovering +/- 10% ATM.

[shveicar]

I have some questions

How much did you invest?

How much return you already had?

Based on your experience, what would be the minimum amount you would recommend to invest?

In fact, now there are a not lot of coins that yield 25% per annum and at the same time remain relatively stable in price.
Their main problem is that they are unlimited (the number of coins in the system is constantly growing).
In this regard, Diamond favorably differs from them a fixed number of 4.38 million.

To date, every thousand coins bring 5.2 DMD per week.
How much you are willing to get, it's up to you, but I'm fine with 25 coins a week which I have 10k with  POS income 

[crazyivan]

DMD price has spiked even more during the last 24 hours. I sincerely hope some of you have listened to my advice from this thread.
Let s see how what lies ahead of us.

[Slow death]

I have some questions

How much did you invest?

How much return you already had?

Based on your experience, what would be the minimum amount you would recommend to invest?

In fact, now there are a not lot of coins that yield 25% per annum and at the same time remain relatively stable in price.
Their main problem is that they are unlimited (the number of coins in the system is constantly growing).
In this regard, Diamond favorably differs from them a fixed number of 4.38 million.

To date, every thousand coins bring 5.2 DMD per week.
How much you are willing to get, it's up to you, but I'm fine with 25 coins a week which I have 10k with  POS income 

Did you invest how many bitcoins?

DMD price has spiked even more during the last 24 hours. I sincerely hope some of you have listened to my advice from this thread.
Let s see how what lies ahead of us.

I'm looking for "safe" investment opportunity and I've seen some casinos and this DMD project is very good, reading the thread helps a lot, I have not yet finished reading every thread. But I will invest in DMD

[bitcoin revo]

I'm looking for "safe" investment opportunity

In all honesty, holding bitcoin itself is a pretty safe investment as of itself - comparing to your fiat equivalent.