Stick with the top 5 masternode coins by market cap.
Nearly all of them are garbage so that's why only top 5 will survive for next bull run. They have trend setting tech and not some simple copy and paste code clone coin
That means Dash, Pivx, Zcoin, and Horizon . Those are the top 4 biggest market cap masternodes in that order. Rest is just trash and lost more than 95 percent value and can't even cover the hosting cost of a measily $15 a month.
I don't fully agree. Sure, a lot of the nodes are complete shit, but there are a few projects that come out of the lot. Some of them are dirt cheap too, so you're not risking that much.
@OP, in general, what you want to look for, as for any project are:
- What does the project aim to do? Is there a market for it or is it yet just another dash/pivx copycat with nothing new to offer?
- Use cases
- What does the dev team look like (is it made of one poor soul or a team?)
- Are there regular annoucements other than "We've been listed on whatever measly exchange or portfolio app"
- Premine allocation
Is it worth it? Well, most of the masternodes have lost a ton of value, so there are a lot of good projects in which you can drop a few satoshis as if it were 2017 again. It's a simple way to generate passive income (we're not necessarily talking high dollar figures) while keeping operating costs pretty low. Quite a few masternode allow having more than 1 node per IP too.
Don't get fooled by ROI % numbers on sites like masternodes.online. What really matters is volume and exchanges. If you have 1000% ROI but the volume is not even 0.01 BTC, you can quickly find yourself with something that is worth scraps. Aim at coins that have at least more than 0.50 BTC in volume on a good reputable exchange.
I have had my share of bad experiences with masternodes, so research is key here. The best node probably remains Dash, but the entry cost is way too high.