I want to have a masternode

[joaoenmanuel]

I have raised money and I want to set up a masternode, because according to my research it is one of the best ways to earn passive income within the crypto world. I have also investigated about the different alt projects that have masternodes to configure, but I would like to hear from the crypto community what experiences you all have had with masternodes in order to make my choice

[24Kt]

Have you checked this list - https://masternodes.online/.

Indeed, there are a lot of coins to consider upon setting-up your own MN. Though I don't have experience owning one but from what I  have read here, if you will choose a coin, better not the new ones as most of them are just pump and dump coins. So you have no idea if you can ever get back your initial investments once the team decided to abandon the project. As a start maybe, look for established project which are already existing in the market preferably with years of record.

[tabas]

Aside from masternodes, there's a similarity of owning and staking. I think staking is a better option than with masternodes. This article is a good start: Guide to Crypto Staking: What it is, How it works, and How to Get Started
There are some examples on that article but there are more choices if you research more. And it tells about staking on an exchange but it's better to do that with a wallet.

[Tytanowy Janusz]

I have raised money and I want to set up a masternode, because according to my research it is one of the best ways to earn passive income within the crypto world. I have also investigated about the different alt projects that have masternodes to configure, but I would like to hear from the crypto community what experiences you all have had with masternodes in order to make my choice

If all you want is passive income .... than the best way to achive repeatable results with the lowest possible risk (what characterizes investing in passive income) is stable coins liquidity pools on BSC or ETH. You can get up to 15% APY while the only risk you take is failure of stable coin you put liquidity into. For example exit scam of binance (failure of BUSD) which looks to be unlikely.

When you chose to run masternode you are exposed to currency risk of owning a bag of altcoins that are extreamly volatile. 30-50% APY from owning a masternode looks decent but annual volatility (-95% or x10) makes even this decent profit negligible. Especially since almost all the masternodes that pay high APY pays them from creating new coins, which inflates the old ones making NET APY much lower.

[AhmadM]

First of all, I'd like to point you to this guide in case you still lacking knowledge about MN in general - (GUIDE) Masternode, Node, Full Node / Masternode setup with screens.

Back to the topic, a few time back I also draw my interest in masternode investment due to the passive income as you mentioned and doing my own research on it. To be honest this kind of investment is good but not really profitable if we compare it to defi, from time to time most masternode coins were not performing well in terms of their value (except for Dash). In addition, there are no many people who interest in it so it's kinda tough for this kind of coin for surging up.

[shinratensei_]

You must consider about the liquidity and demand  

https://www.coingecko.com/id/categories/masternodes

You can use it to pick which was the best masternode coin to be used to earn passive income.

You must consider a few things just like

1. Liquidity - this will be helping you to liquidate your coin that is used by masternode and your passive income.
2. The project must be big to keep your masternode can sustain for longterm.

[H1N1]

I have raised money and I want to set up a masternode, because according to my research it is one of the best ways to earn passive income within the crypto world. I have also investigated about the different alt projects that have masternodes to configure, but I would like to hear from the crypto community what experiences you all have had with masternodes in order to make my choice

Top masternodes are very highly cost, you should join masternode pool if you want to spend less money.
For example, to create a DASH masternode, you need 1000 DASH coin, which worth about $200k++ per masternode.
Unless we have big amount of capital, we can't create a masternode.

[FinneysTrueVision]

Invest better in Cake: https://trustwallet.com/es/earn

While you are still in time to buy them cheap, you can hopefully achieve financial freedom in the future.
Join the great community... 

I think this is a better path. Masternode coins were popular a few years ago but they usually require expensive equipment and you also need a large amount of capital to stake as collateral. Your ROI will not be that great. Nowadays there are many coins which you can stake in a smart contract and earn passive income through this. CAKE currently has close to 90% APY on PancakeSwap but you can get even better returns through yield optimizers or with leveraged yield farming.