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Crypto Nodes Passive Income Staking

How to Setup a Presearch Node

So whatever made me want to setup a Presearch node? As you already know I love passive income platforms like Presearch, and running a node seemed to fit the bill of what I was looking for.  There is something about making money while you sleep.

Around two months ago I found out about Presearch and how they were paying people for using their search engine. Presearch has been around since the 2017 bull market, and from what I read when conducting my initial research Presearch is going to be the next big thing in search engine technology.  

When you combine something as powerful as a search engine with an emerging technology like blockchain the results are going to be interesting.  This is how blockchain technology is affecting our every day lives, and Its all around us everywhere that we look. 

The main reason I was interested in investing in Presearch however was because of the nodes that you can run by buying $PRE tokens and then staking them as part of a “node”.  I did make a Youtube video on this, which you can access below,  but I felt that I needed to post a more thorough explanation on just how to go about setting up a “node”.   

Below I have outlined the basic steps you need to take to set up a node, but feel free to leave a comment in the comment section if something doesnt make sense to you.  

*** Please note that this setup was done using a Windows 10 desktop computer.  It cannot be done on a mobile phone and requires a PC ***

*** IMPORTANT ***

Below is a video I put together of me setting up a Presearch node on a Racknerds VPS.  If you watch the video till the end, and also read the steps Ive outlined below you should be in pretty good shape.

Steps to Setup a Presearch Node

STEP ONE 

First setup a FREE account at Presearch. Use the link below to sign-up, but be sure to enable 2FA (two factor authentication) on your account !

PRESEARCH SIGN UP LINK

STEP TWO

Download PuTTy for FREE at the link below.  You will use PuTTy later in this guide to connect to your VPS in order to setup the Presearch node.

CLICK HERE TO DOWNLOAD PUTTY

STEP THREE

Click on the link below which will take you to the RackNerds website where you will need to purchase a VPS (512 MB KVM) which will be used to run the Presearch node.  Make sure you get the one with Docker installed and running on Ubuntu 18.04 or 20.04

STEP FOUR

2000 $PRE tokens are required to stake and run the node on the Presearch website, but I recommend purchasing your tokens from Kucoin exchange.

CLICK HERE TO BUY $PRE TOKENS ON KUCOIN

STEP FIVE

Send the $PRE tokens you bought on Kucoin exchange to your Presearch wallet address in the ‘NODES’ dashboard area.  You should see a button you can click that says ‘TRANSFER PRE’.

CLICK HERE TO ACCESS YOUR PRESEARCH NODES DASHBOARD AREA

STEP SIX

This is the final step where you will connect all the other steps together.  Further down below you will see the snippets of code you need to run inside of PuTTy in order to connect the VPS you bought to your Presearch account.  You will need the ‘Registsration Code’ from your Presearch dashboard in order to complete the setup.

Putting all the above steps together...

Now is the point where we run PuTTy and connect to the RackNerd’s VPS server that you bought in the above steps.  Most often this can be the most difficult thing for people to do when setting up the node, but luckily for you I have provided the correct snippets of code below so you can get your Presearch node up and running with ease.  Lets begin.

STEP #7

To complete the final setup process you need to run the ‘PuTTy’ program.  You will see a screen that looks like the one below pop-up.  After that happens you will only need to enter the I.P. Address that Racknerds sent you in the email when you bought the VPS.  After entering the I.P. address click ‘Open’

Setup Presearch node using PuTTy
You will need to enter the I.P. address that Racknerds sent you when you bought the VPS from them.

STEP #8

This is the fun part and also the one that confuses many people.  On the next screen that comes up (shown below) you will need to enter ‘root’ for the username, and will need to enter the ‘password’ that Racknerds sent you in the email when you bought the VPS.  When you paste the password you will not see it appear but it is indeed there.  Go ahead and hit enter after pasting the password into the PuTTy command prompt, and the screen will look something like below.

racknerds vps server login to presearch

STEP #9 (Added on 11/20/2022)

If the VPS you bought does not have Docker installed on it you will need to install it.  Below is a link to the commands you will need to install the latest version of Docker.  You must be logged into the VPS in order to install Docker.

✅ >>> CLICK HERE FOR INSTRUCTIONS ON HOW TO INSTALL DOCKER ON UBUNTU 20.04 VERSION OF LINUX. <<<

STEP #10

After you enter the username and password above in order to connect to your Racknerds VPS you will be logged into the VPS.  You are now ready to setup the Presearch node.  The code needed to setup the Linux VPS for Presearch is shown below, and you must copy and paste it into the command line shown in PuTTy below.

setup presearch node using racknerds vps

Below is the command that must be copied and pasted at the small green box command prompt shown in the above image. See blue text below.  

INITIAL NODE SETUP CODE

docker stop presearch-node ; docker rm presearch-node ; docker stop presearch-auto-updater ; docker rm presearch-auto-updater ; docker run -d –name presearch-auto-updater –restart=unless-stopped -v /var/run/docker.sock:/var/run/docker.sock presearch/auto-updater –cleanup –interval 900 presearch-auto-updater presearch-node ; docker pull presearch/node ; docker run -dt –name presearch-node –restart=unless-stopped -v presearch-node-storage:/app/node -e REGISTRATION_CODE=$ENTER YOUR REGISTRATION CODE HERE presearch/node ; docker logs -f presearch-node

Its very important that you replace the orange wording in the code above that says “$ENTER YOUR REGISTRATION CODE HERE” with the  registration code that is found on the Presearch dashboard when you made your account.  See snapshot below so you know where to find this.

presearch node registration code from dashboard

STEP #11

After you have ran the code above to setup the Racknerds VPS to run the Presearch node you will see a large blue letter ‘P’ pop up near the end of the code.  It will also say it is ‘listening for searches’.  If you see that and everything looks like the screen below then you should be good to go and we can complete the last step.  Sometimes the Blue ‘P’ will not show up but the node has still been set-up properly.  

presearch setup successful on racknerds vps
This is what you will see if you installed the node correctly onto the Racknerds VPS

STEP #11

The node is now setup but you still need to stake your 4000 $PRE tokens in order for your Presearch node to make more $PRE tokens.  Go back to the main Presearch dashboard areas and scroll down to the bottom.  You will see the node show up but it does not have a name yet and it does not have the tokens staked to it.  Also note that nodes that are connected properly show a green socket plugin as shown below. If you do not see the green socket then you need to run the repair code that Ive included further down below.  

final presearch node setup
You can edit any of the nodes by clicking on the small edit pen on the left side under the 'node description' column
final setup up and staking of pre on node
As you can see above you must type in the number of tokens you would like to stake (minimum is 4000 for node to work). I would recommend also putting the I.P address of your node in the description along with numbering each node.
Repair Code

There is a chance that something might go wrong when you setup the Presearch node in PuTTy, and in that case I would recommend using the below ‘repair’ code to help fix the problem.  This has worked well for me if I had any problems while running the initial setup code.  Keep in mind you would run this after you have already run the initial set-up code above, and if you dont see the little green socket on the main Presearch dashboard.

REPAIR (ALREADY SET-UP NODES)

docker stop presearch-node ; docker rm presearch-node ; docker stop presearch-auto-updater ; docker rm presearch-auto-updater ; docker run -d –name presearch-auto-updater –restart=unless-stopped -v /var/run/docker.sock:/var/run/docker.sock presearch/auto-updater –cleanup –interval 900 presearch-auto-updater presearch-node ; docker pull presearch/node ; docker run -dt –name presearch-node –restart=unless-stopped -v presearch-node-storage:/app/node presearch/node ; docker logs -f presearch-node

Important Presearch Links

Below is a list of  links to all the exchanges and companies mentioned in the above post:

  1. Presearch – For doing searches, monitoring your nodes, and other things.
  2. Putty – For interfacing with and setting up the Presearch node.
  3. Racknerds VPS – For running the Presearch node.
  4. Phoenix Nap – Docker Installation Guide for Ubuntu 20.04 Linux Server.
  5. Kucoin – For Buying $PRE token.  You must have 4000 $PRE tokens staked per node.
Categories
Crypto Master Nodes Passive Income

Yieldnodes Update – Masternoding for Beginners

Yieldnodes Update Masternoding for Beginners
Rent a Masternode using the Yieldnodes Program and Earn Passive Income in the Process. Check out my FULL Yieldnodes Update below.

Yieldnodes Update - Masternoding for Beginners

Welcome to my most recent Yieldnodes update.  Currently for the 2021 year Yieldnodes is averaging 12.48% profit for five months.  Before I break down more detailed information below regarding the Yieldnodes Masternode network I would like to say one thing about the Yieldnodes platform:

There are very few reputable passive income platforms in the world of cryptocurrencies, and you can probably count them on one hand. 

 Yieldnodes appears to be that diamond in the rough and it is very unlike anything else to have came before it.  As more and more time goes on Yieldnodes continues to separate itself from the rest of the p.

Above you can see my Yieldnodes earnings update so far for the 2021 year.

There is a great team behind Yieldnodes that have been very transparent about how they operate.  Trust is the most essential thing that must be won from current and future investors.  The Yieldnodes team has done a superior job so far in making the product and dream a reality.  

These are the founders of yieldnodes
The Yieldnodes Project Team

I had wrote a previous article that outlined the basics of the Yieldnodes platform, but in this article I wanted to dive a little bit deeper into the intricacies and details of how it all operates and how you are making money with the platform.  As investors we deserve to know all the in’s and out’s of any platform to make sure we are getting our money’s worth.  Don’t you agree? 

How Exactly Does A Masternode Work?

The easiest way to explain how Yieldnodes works is that you are simply lending your cryptocurrency to be masternoded on the network.  What does this mean though?

Wikipedia defines a masternode as such:

Masternodes are network servers in certain decentralized blockchain systems. They carry out specific functions and may enjoy privileges network participants in most blockchains do not.

The entire blockchain ledger of a particular cryptocurrency will be stored on the masternode network.  Getting passive income and governance rights are two of the benefits to masternoding a cryptocurrency.

People who choose to run a masternode network are rewarded for their masternoding efforts sort of like how miners are rewarded for their mining efforts.  It will take extenstive time and effort to manage the masternode and keep it running efficiently.  In essense a masternode functions as the backbone for the blockchain network.  Masternodes are also known as “bonded validator systems” and ensure the integrity of the network being masternoded.

Dash, which is a fork of Bitcoin, was one of the first cryptocurrencies to adopt the master node model.  In order to run a masternode one must have sufficient collateral up front.  This is where “you”, the Yieldnodes investor comes into play.

If Masternoding is not trading then what is it?

Masternoding is considered POS (Proof of Stake) and eliminates the need for expensive mining machines that are needed for POW (Proof of Work).  Bitcoin is a POW cryptocurrency that uses massive amounts of energy to mine cryptos.  POS eliminates the need for mining machines.

Masternoding is also not crypto trading so the risk is a lot lower.  There are always risk with everything so always invest only what your willing to lose.  The risk here does appear to be very small as Urs S., the architect of the Yieldnodes masternode network,  is available 24/7 to monitor the network and quickly fix any problems 

Urs S. is the architect of the Yieldnodes Masternode Network
Urs S. is the Architect of the Yieldnodes Masternode Network

What Crypto Projects are part of the Yieldnodes Masternode Network?

As you can see from the slider above there are a lot of great projects already on the Yieldnodes masternode network, and many more will be added in due time.  

Audits & Emergency Withdrawals

A couple of months ago Stefan Hoermann invited five different Youtubers that are also invested in Yieldnodes to come perform Audits of the Yieldnodes platform.  Stefan realized that people wanted to know if Yieldnodes was safe and legit so Stefan had the audit performed to prove that Yieldnodes was running a legit business.  He wants nothing but the best for Yieldnodes and its investors.  As a member you will have access to these audits in the member dashboard area.

In addition to having the Audits done on Yieldnodes Stefan also introduced emergency withdrawals.  I felt like this is a good move, because prior to this a person could only withdraw after the 6-month lock up period was completed.  

As you can see new features are always being added to the Yieldnodes platform.  This is important as it attracts new users and helps Yieldnodes grow their business even more.  

Whats the Verdict on Yieldnodes?

Ive used quite a few passive income platforms and have came across some real losers that lost me plenty of money.  When I look at Yieldnodes I see a program that does things right by its investors.  I also see a program that wants to keep growing into the future for many years.  The more popular masternoding becomes the more Yieldnodes will continue to grow and distribute profit to its many investors.  

Below you will find my rating for Yieldnodes.  I rank it very high because I believe it to be one of the best programs out there.  There might be a time in the future that Yieldnodes might not be able to accept new investors so try to get in before those slots are gone.  You really dont want to miss out on this great opportunity.

~Intense Investor

Categories
Crypto Crypto Trading Bots

Bitsgap Review – Grid Trading Bot

Initial Thoughts on BitsGap

I started using Bitsgap grid trading bot back on January 13th, 2021.   Now that I have had over a month of experience with it I wanted to write a review on it.  I started out with a demo account and upon noticing how great the gains it was making were I decided to go all in and upgrade to the “pro” account which allows you to use fifteen trading bots at one time.  There are three plan options to choose from: a basic plan with two trading bots, a middle tier plan with five trading bots, and a pro plan with fifteen trading bots.

Bitsgap works on a grid strategy which means you pick the number of grids you want to have on your trading view chart and then it does the rest of the work telling you how much money/crypto you need to run a certain # of grids on any particular trading pair.  There are several options you can enable to supplement the grid bot.  I will also go over this in more detail below.

Bitsgap also offers signals, and arbitrage trading.  I have not used either one of these services but will give a brief outline below of what I do know about them and how they work.  To use the arbitrage feature successfully I have read you need a larger exchange account (Over $10,000 USD)

Always remember that Bitsgap is a tool you can use to grow your crypto.  Your money remains safe on the exchange of your choosing.  I prefer to use Kraken exchange due to its moderate fees and the best security of any exchange today.  Kraken is also based in the US, and since Im a US citizen this works to my advantage.to 

Click here to check out Kraken crypto exchange

Bitsgap Bot Trading Results

As I mentioned above I have now been running the Bitsgap trading bot(s) for over a month now so there are a couple of things that I probably could have done a little differently but like everything else in life hindsight is 20/20.  So yeah there were a few things I might would have done differently, but since I was a newbie to the platform I was still able to make some very good profits.  

First Month Results

bitsgap first months results
First Months Results with BitsGap Trading Bot
Brief video of my 1st months results with Bitsgap

What about bots that I've already closed out?

You might be wondering how does $4,865 equal to over $10,000 in profit as shown on my video thumbnail?  As you can see in the snapshot above the Bitsgap trading bot was able to earn me a profit of $4,865 with the active bots I had running.  You also have to take into account the profits made by bots that you have closed and are retired now.  Those will be in your “Spot history”.  Below are my results from bots I closed out.  You need to add the closed bot profits to your currently running active bots profits to get an accurate picture of how much profit has been made as closed bot profit does not show up on your active bots tab.  Does that makes sense ?

bitsgap spot history profit results
Closed out bots profits history

Awesome results so far

So to summarize my one month results that I detailed out above you have to add the currently running bots profit to the closed out bots profit.  For just the first month that comes out to $10,298 in earnings.  Pretty spectacular but it gets better.  Another week has went by since these initial profit results were posted on my Youtube channel(see video below) and I have made another $3,228 in profit since then in just one week!  Below are my currently updated profit results for actively running bots.  Remember as I pointed out a week ago the below profit amount was $4,865 and now it shows $8,093!  Awesome results!

bitsgap most recent profit results
1 month and 1 weeks results with Bitsgap

Update video after 1 month 1 week with Bitsgap

How do I get started with Bitsgap?

The first thing you want to do is go to Bitsgap.com.  First you will want to click on the “Sign-Up” button and create a username and password.  After you make your username and password be sure to take a look around and become familiar with the website.  There is a lot of information there so try to take in as much as you can.  Once you feel like you have had a good look around click on the “pricing” link as shown in the snapshot below.  Also check out the 1-minute video they have on the front page to start to get a basic idea of what Bitsgap is all about.

bitsgap front page of website
Bitsgap front page of website

Setting up your first Bitsgap bot

After you have signed up for Bitsgap you will now want to create your first bot.  With your new username and password login to the Bitsgap website.  BE SURE TO SET UP 2FA ON YOUR ACCOUNT.  This is extremely important for security purposes.  I use the Google Authenticator app for my 2FA needs.  The app can be found on the Google Play store and the Apple store.

Initial setup steps for your first Bitsgap bot:

  1.  Signup for an Bitsgap account by clicking here: Bitsgap Sign-up
  2.  Enable 2FA authentication to protect your Bitsgap account
    1. Google Authenticator app can be used to set up 2FA on your phone or tablet
  3.  Login to your account after setup is complete and it will take you to the dashboard area.
  4.  Follow the steps below to set-up a trading bot in either a demo account or a live account

Wanna start with a demo account?

A demo account is a great way to get started with Bitsgap as it will be more forgiving incase you happen to set the bot up in a way that is not beneficial to you at the moment.  It lets you play around with “fake” money so no pressure :-).  Many of the items below also apply to setting up a “real money” account as well.

1) First Step - Make sure "demo" mode is on
2) Second Step- Setup all the parameters for your bot
  1. SECTION ONE (START AT RED ARROW AND MOVE DOWN)
    1. SBOT OR CLASSIC BOT – In the first window you will select the type of bot you would like to you.  There is a choice between classic bot and sbot(new one).  I have the Sbot running on all of my “live” bots at the moment.  Bitsgap says the difference between the two is that the Sbot is better for sideways markets with high volatility and the classic bot is better for markets that move up or down by larger margins.
    2. EXCHANGE – Pick the exchange you would like to use.  The demo version has less exchanges available but still has most of the larger ones that a person would like to use (Binance, Kraken, Kucoin, Coinbase Pro)  
    3. TRADING PAIR – Pick the trading pair you would like to trade.  For beginners I would recommend starting out with USDC or USDT trading pairs as stable coins dont react to bitcoin movement as much and are considered more stable pairs.  Examples would be (BTC/USDC and ETH/USDC).  The first crypto is called the base pair and the second crypto in the pair is called the quote pair.  The quote pair is what you will gain more of with each trade.  BTC/USDC would gain you more USDC, and ADA/ETH would gain you more ETH with each trade. Basically your buying the base pair then selling it back to the quote pair that you want to grow your stash of.  
    4.  INVESTMENT AMOUNT –  Use the slider to pinpoint how much you want to trade in this one particular bot from your total balance on the exchange.  Demo account gives you $50,000 USD to play with.
    5.  LOWER PRICE/UPPER PRICE RANGE – This is where you set your max upper and minimum lower price on the grid.  If the present price falls out side the grid on the lower setting there will not be any trading going on, but on the upper side you can set this to “trailing up” so if the price action goes above the upper grid setting the grid will rebuild itself and be able to make more profits as the price climbs higher.  I would recommend always having “trailing-up” set to “on”.
    6.  TRAILING UP/GRID STEP/GRID # – As I mentioned above I recommend leaving “trailing-up” on so the price action will follow the price upward and rebuild the grid if price keeps increase past your original set grid levels.  Its important to note that the numbers of grids that you decide to use will affect how large your initial investment needs to be.  The grid step defines how much profit you will make between grid levels.  I always aim to make enough so that I will clear .50% profit on every grid.  This is after the fees on your exchange so you need to find what your exchange charges in fees.  Coinbase might charge .50% fee, while Kraken might charge .26% fee.  Binance has around a .10% fee so you can see there is a wide range in the fees that are charged.  An example would be if you want to clear .50% profit and the fee on Kraken is .26% then you need to have a grid step amount of .76% to be able to clear .50% profit per trade.
      1.  Also worth noting is that some exchanges will allow a different number of grid levels.  Kraken is around 80 while Binance will allow 200.  This was learned by trial and error.
    7.  TAKE PROFIT/STOP LOSS –  If you want your bot to take profit at a certain percentage then set this to on, and if you want to set a stop loss if the crypto your bot is invested in starts to lose value you can set a “stop loss” to sell your cryptos in that particular bot and exit the market.  I can see the stop loss being more useful that the take profit because usually if your bot is making profit you dont want it to stop.  
    8. BACKTESTING – After you have set up all the above parameters you can back test the bot to see how it would have performed in the past with the exact same setup.  If you are not happy with the result you can tweak some of the variables and hit back test again.
    9. STRATEGIES – This area contains recommended strategies for the past 3-days/1-week/1-month time intervals.  This is helpful as it shows which coins are pumping and which ones are not.
    10. BALANCE – This will show you how much you have invested in each coin and how much is available at the moment.  Your profit will accumulate here until you decide to either withdraw the profit or stop one of your current bots to reinvest the profit.  Yes, you must stop and restart the bot to be able to add any new investment to it.  
3) Third Step - Start your bot

Wanna start with a live account?

Setting up a live account is very similar to setting up a demo account.  The main difference is that with a live account you have to link your API to the exchange you currently have your crypto funds on.  The demo account uses fake funds so it doesn’t really matter.  This is a good thing as it protects your funds and they remain on the exchange.  Each exchange is a little different with how the API is set up but they are all also very similar with the permissions that must be granted.  Below I will walk you through how to set this up on Kraken exchange.  If you use one of the other exchanges there are tutorials on Bitsgap on the correct settings to use if you search their support files.  Like I said they are all very similar in nature when it comes to setting them up.

Setting up an API for a real money Bitsgap account

  1. Login to your personal exchange of choice.  In this case I will be using Kraken.  
  2. Click on the menu on the right and you will see an option for “API”. Click itkraken api setup for bitsgap
  3.  After you click on “API” you will see the following screen come up.  This is where you will create a new Kraken API key to use on Bitsgap.add api key to bitsgap through kraken exchange
  4.  You will now need to click on “Add Key”
  5.  Go to this Bitsgap tutorial link to finish setting up the API key on Kraken:
    1. https://helpdesk.bitsgap.com/en/articles/3608251-how-to-create-and-setup-kraken-api-key
  6. After you have created the API key on Kraken you need to go to your Bitsgap account to enter the details of the key so you can link your Kraken exchange account to your Bitsgap account.  The key secrete will only be shown once on Kraken when you set it up(for security reasons!) so make sure you copy and paste it into the Bitsgap “New API” area before you save the API key in Kraken or else you will not be able to view it again.  
  7. Back on the Bitsgap website you will need to finish setting up the API as shown in the screen shot below:link kraken api key to bitsgap bot
  8.  This is basically the process for setting up any “live/real” API key on any exchange.  Some of the checkboxes might look a little different but they are all very similar when setting them up.
  9.  Once the API key is entered into Bitsgap you can go on to setting up your trading pairs, grids, and profit percentages and start trading! 
  10. Congrats, you made it through this tutorial !

If your interested in signing up for Bitsgap for a 14 day FREE Trail please click on the link button below.  Likewise if you would like to check out The Kraken crypto exchange please click on the banner below.

Categories
Crypto Master Nodes Passive Income Staking

Yieldnodes

Yield Nodes allows you to earn a low risk passive income

So what is Yieldnodes and what is Master-noding?  Good questions.  I myself didnt know much about the company or the term until I saw a video on Youtube that gave me a better idea about what Yieldnodes offers to the passive investor.  I will attempt to give a simplified breakdown below.

 

The journey begins at the Yieldnodes website where it is advertised as “profitable and proven crisis safe”.  Sounds good so far….right?  Yeah they all do at first.  Lets dig deeper.

I think I will start with first explaining just what Master-noding is and how and why it is becomming popular.

With mining becoming harder and more expensive a lot of people are investing in master-nodes...

Many of you might not be aware of what Master-noding is?  Its okay because I was not aware of what it was at first either.  The website best describes it like this 

An alternate way to earn revenue is by providing technology (a master node) that relies on a proof-of-stake (PoS) approach.

A master node, like any other full node, is a node server within a network, and full nodes are important because they process transactions and store them in the blockchain.

However, a master node operator has rights beyond those of a normal full node operator, and is required to manage more critical tasks – bringing the operator higher rewards.

In order to obtain the status of a master node, the master node operator must deposit a specified number of the relevant coin. For this “staking”, along with performance of the required tasks and the provision of computing power plus storage space, the operator receives rewards based on the corresponding coin (proof-of-stake).

By operating appropriate master nodes diligently whilst constantly monitoring and optimizing with clever strategies, extraordinary profits can be realized.

Three things to consider about master-nodes...

Its Not Mining

Keep in mind that Master-noding is not “mining”.  In recent years mining based on proof of work has been very popular.

Over 18 million Bitcoins have been mined now and every time there is a “halving” event it becomes more expensive and requires more money to be a Bitcoin miner.

It fact after a halving event it is 50% less profitable and takes 50% more energy to mine new Bitcoin.  

Its Not Trading

Master-noding is NOT trading, so loss of capital is highly unlikely. Naturally, there are expenses, but servers are rented and contracts can be cancelled.

Clearly, fluctuations in coin prices affect the market, and master node earnings are always in coins, but the team monitors the master nodes constantly (24/7) and are able to react quickly to any events that might impact the yield.

It Is Low Risk

Since the deposited stake becomes free again when a master node is switched off, Yieldnodes can pay back deposits at any time.

In essence, revenue is generated through a combination of master-noding, price gains and services that work in unison to leverage each other in their own ecosystem.

Sounds cool …. right???

Does the company have great transparency?

Yes, the company is very transparent and has lots of Youtube videos along with a large social media presense, including Linkedin.  Below are the company founders as listed on the website.  I did a search for them on social media and confirmed they are indeed all real.  

 

Steve H. the CEO has done many interviews on various Youtube Channels in order to silence any negativity that might be generated about the Yieldnodes program.  Its good to see this level of transparency from the CEO.

These are the founders of yieldnodes

Client Testimonials Section

These are always one of my favorite types of things to see on any website.  You can bet I took the time to verify if these were real people with real social media profiles, and to my pleasant surprise they all checked out.  I always cross these types of items off the list first when I am looking at a new program to make sure if it is legit or not.

yieldnodes has great customer reviews
yieldnodes has great customer testimonials

How much does Yieldnodes payout per month?

As you can see from the graph below Yieldnodes has paid out a steady 11% return on investments since August of last year.  Even in March during the peak of the Coronavirus pandemic they paid out over 5% that month to investors.  Pretty dang good !

how much does yieldnodes pay out per month?
Below are results since August 2020...Quite Incredible !
yieldnodes august profit
yieldnodes pays out 12.3% profit in September
yieldnodes profits so far in October 2020
yield nodes profit for october week 2

Is my money locked up for any amount of time?

Yes, The money that you invest will be locked up for 6-months minimum while it is making profits for you.  This is because once the master-nodes are in place they cant be removed so easily as they are part of a larger more complex system.  However, you will be able to withdraw your profit every month or reinvest it back into the master-node(s).  This in turn will allow you to compound your profits into a potentially much larger investment.  Some people choose to withdraw their profits while others choose to compound their’s.

 

Anything else to this?

 

Yes, There is to be a projected 5-15% pure profit – paid out every month to investors in the company, and with an interesting twist on Yieldnodes side:

Should the yield drop below 5% for 3 consecutive months, your rental payment will be returned along with any accrued profits (if compounded). No fuss – no quibbling!

Below is a chart of a 5,000 Euro Investment over a 10 month period

As you can see Yieldnodes outperformed all other investment strategies during that same span of time.

performance of yieldnodes over the past 10 months

How do you fund your account?

There are two options for funding your new Yieldnodes account.  One is by funding it with Bitcoin and the other is by funding it directly by bankwire(Visa, Mastercard, BankWire).

forms of payment that are accepted for yieldnodes

***Minimum Investment is 500 Euros, and the maximum investment is 250,000 Euros***

Final Thoughts on Yieldnodes

I really like this platform and I feel like Yieldnodes is a great investment opportunity particularly if you have some funds you dont mind putting away for 6-months to earn some great extra income for you.  Below I have outlined some pros and cons to the platform.  If you are interested in joining then please click on the button above.

PROS

  • Great transparency from CEO
    • Appears in multiple interviews with Youtube members and has a powerful social media presence
  • Can fund account with Bitcoin or by Bankwire
  •  Very low risk since your not trading or mining
  • Great returns on your investments that should keep averaging between 5% – 15% per month
  • Can withdraw or reinvest your earnings every month
  • Compounding feature is very powerful if earnings are reinvested every month
  • Not a Ponzi scheme or Pyramid Scheme because it only pays for direct referrals and not multiple levels deep
  • Yieldnodes uses 2FA and KYC for enhanced website security
  • If company does not make over a 5% profit for 3-months all capital plus profits will be returned to the investor

CONS

  • Money will be locked a way for a minimum of 6-months
  • Company has only been around since August 2018
  • There is some risk associated with investing in Master-nodes
  • Only invest what you can afford to lose