Should i run Masternode?

[marimanga]

I'm staking for almost 4-5 months a coin on QT Wallet 100% PoS - Equihash - 2B Total supply and i get more than 45.000 coins in 24h so my question is do i have/need to run a masternode and even if i run will i get more coins from staking or im good because i want more and i need to know if i run masternode will i earn more than 45K in 24h.

[1714922631]

1714922631

[1714922631]

1714922631

[jossiel]

What's that coin?

Calculate and look at the value of the coin you run its masternode. Then, if it's worth it and you think it is sustainable to run one more, do as you please. But if it's not and you get to do other thing and choose a coin that you can stake.

You will obviously get rewarded more if you run another masternode but it's not the matter of importance. It's the value of the coin with that MN. That's why I want to know what that coin is.

[Teraboy]

MN user is much more priority rather than the stakers, you need to ask the team whether MN gets more yield percentage rather than staking in the network.
As far as i know if MN user will be getting more than what have been getting by the stakers. I think that you must also consider to run MN to get more coins even faster than staking your coin.
That's why MN requires some amounts of coins.

[hd49728]

Most of masternode coins are dead and their developers left their projects but still are lively masternode coins. DASH is one of them.

Set up and run a masternode is difficult if you don't know how to manage it. It is safer if you do all things from your side but if you can not, you can join staking pools on big exchanges like Binance.

There is a scam method in the past with Shared masternodes. I don't know there are scammers still use this method but if you see any invitation to join shared masternode pools, please don't mind and ignore it. It's scam.

[leea-1334]

I do not know if masternodes these days give very good returns, except perhaps for managed MNs, simply because of the admin problem. I think these days people are more into staking on Defi,,, but with blockchains like ETH also turning to POS it may be useful to stake nodes. I see also a lot of new ones coming up with better utility value than the POS of the past. Always thought about it myself but so far,,, my experiments with POS failed:) Lots of new coins but all no value haha.

[puremage111]

Wow didn't heard about masternode for quite sometime
The most recent MN i heard is about stakenet on 4chan

This make one remember about the Masternode hype in 2017
Guess most of the Proof of stake coins don't run on Masternode now, but more off DPOS where one can delegate to others

[davinchi]

I can't talk about that specific coin, there is a potential that you could make a profit or you could lose with any masternode or any coin if they turn out to be bad, however I can tell you that the idea of masternode is definitely something you can do, it is something that profits many people all around the world when they do it and you can run it from a VPS without spending much money, just 20 bucks on some server would help you set up any masternode you want with almost 100% up time without any problems and if you are not making 20 bucks from your masternode there is no reason to do it to begin with.

However what I would imagine that could help you with this could be deciding on which coin you want to do it with, pick it very carefully because it could definitely not profit you if you pick the wrong one.

[Dragonfund]

I'm staking for almost 4-5 months a coin on QT Wallet 100% PoS - Equihash - 2B Total supply and i get more than 45.000 coins in 24h so my question is do i have/need to run a masternode and even if i run will i get more coins from staking or im good because i want more and i need to know if i run masternode will i earn more than 45K in 24h.

Running a master node is costly accompanied by technicalities. You don't want your machine to go off otherwise you will end up with nothing, i believe you know this already.
Are you a techy person, how do you handle your node when system goes south? You really need to be an expert before setting foot on that journey.
Secondly, if you open your own master node, any plan to add extra coins. Most platforms do these in other to earn some dividends as others delegate their coin to them.

[mu_enrico]

Yep, a master node needs infrastructure (VPS) that will cost you money, and you need to hold x amount of coins as well. It needs more upfront investment than simple staking mechanics. You can see various master node coins along with the required coins for MN here https://masternodes.online/

If you cannot afford it, better try staking.

[abokhalel2]

Now in many projects there is an opportunity to stake their own coins. those. people enter your node and you will receive a percentage from them.

[oliversl]

Yep, a master node needs infrastructure (VPS) that will cost you money, and you need to hold x amount of coins as well. It needs more upfront investment than simple staking mechanics. You can see various master node coins along with the required coins for MN here https://masternodes.online/

If you cannot afford it, better try staking.

I'm curious about sites like https://masternodes.online/ , some MN coins offer ROI of 1 or 3 months, I haven't looked at the "hosting my own MN" scenario since quite a while (since Cryptsy stole all my coins). So my question is, are those ROI on altcoin MN real? (I can handle all techy stuff)

Tks

[mu_enrico]

^It's based on historical data, and some of them are low liquidity tokens that are easily gamed.
If you try to do it now, you will have to predict the future (not rely on the past data) and observe if you sell the token, there will be enough liquidity to absorb the supply without significantly reducing the price. In a much simple term, it's all gamble.

Since you know that there are many risks involved, try to gamble is fine as long as your net worth will not be affected if you lose the bet.

[Twinkledoe]

^It's based on historical data, and some of them are low liquidity tokens that are easily gamed.
If you try to do it now, you will have to predict the future (not rely on the past data) and observe if you sell the token, there will be enough liquidity to absorb the supply without significantly reducing the price. In a much simple term, it's all gamble.

Since you know that there are many risks involved, try to gamble is fine as long as your net worth will not be affected if you lose the bet.

Running your MN really depends on the coin. But based from what I've seen here, most MN coins are just pump and dump. So I don't know if the OP can really get profit from the coin he's talking about.

@OP, may we know the name of the coin you are referring about?

[Kang TB]

I'm staking for almost 4-5 months a coin on QT Wallet 100% PoS - Equihash - 2B Total supply and i get more than 45.000 coins in 24h so my question is do i have/need to run a masternode and even if i run will i get more coins from staking or im good because i want more and i need to know if i run masternode will i earn more than 45K in 24h.

id you forgot to mentioned the coin mate ?
because people can't say anything without knowing what kind of coin did you mean in your post above ?
and 45K coins in 24 hours is good enough if the coins seriously developed by the team and has a bright future buddy