YieldNodes Update: My Strategy for 2022 (250% Return on Investment?)

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Avatar for n1ce
Written by
2 years ago

Hi everyone,

this is an update to my first post on YieldNodes, published 10 days ago. I deposited ~$600 in Bitcoin which arrived in my account after 1 day and started earning interest two days ago. This interest is generated through “Master Noding” which is the process of providing capital to a master node of a Proof-of-Stake cryptocurrency. For a more detailed explanation, check out my previous post.

My Strategy on YieldNodes (To compound or not to compound)

YieldNodes is a great way of diversifying my portfolio with a medium-risk, high reward asset. I consider YieldNodes medium risk because of all the transparency coming from the CEO and the company. They did two voluntary audits and delivered on their promise of 5–15% returns per month for the full last year. Of course some risks remain, when you send your capital to a company, that’s why I still diversify.

Now, there are two ways to go about your earnings on YieldNodes:

  • Pay out the return of the month to your Bitcoin wallet /SAPP wallet

  • Compound the returns (0% — 100% in steps of 10% possible)

As you learned in my previous article, your initial deposit is always locked for 6 months. This is needed to create stability, as YieldNodes needs to rent servers and maintain the master nodes.

Your compounding returns are also locked for 6 months, but not your total capital. So my initial $600 dollar can be payed-out in June 2022, while my compounded returns from this month (let’s say $60 if I get 10% this month) will be locked until July.

The big upside is the power of compound interest. On YieldNodes this means for next month I can get 10% interst not only on my $600 but on $660! This might not sound like a big difference, but this is because we humans are really not good at understanding exponential math.

As it is explained on the YieldNodes website: the added returns last 26 months were around 132% (11% per month, not compounded). If you compounded these rewards, you would get 249.85%

Using these numbers on my investment, I can basically choose between a profit of $792 (132%) or $1500 (250%). My total balance at the end of the year would be $1392 or $2200 respectively. As YieldNodes is a riskier part of my portfolio, I will use the second strategy and reinvest all my profits. I might take out my initial investment at some point, but so far I want to make use of the high returns.

Want to get started on YieldNodes?

  • Do your own research on YieldNodes, in the end I am just a random guy on the internet!

  • Use my affiliate link (click here) to register and give me 5% of your deposit with no extra cost for you. Thanks in advance!

  • Make a deposit via Bitcoin (many FIAT onramp provider are supported where you can buy Bitcoin with a credit card or SEPA transfer) or use USDT (Tron Network)

  • Decide whether you want to pay out your earnings or compound them!

  • Only invest what you can afford to lose

  • Let me know if you would like to know more, you can reach me on Twitter

And that’s it for today! I hope you enjoyed my article. I will publish all updates to me portfolio on here. Likes this post and Follow me if you don’t want to miss that.

So long,
n1ce

None of this is financial advice. Please always do your own research. Thanks for reading! If you would like to support my work, consider smashing that like button and/or using my affiliate links to make/safe money:

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Avatar for n1ce
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2 years ago

Comments

Oh well..go ahead. Always be safe May God fill your life with happiness and peace. God is with us all the time and He does everything for our good. Sometimes He tests us even with bad times. But give us the strength to remedy it after it has broken Have a good time, dear friends. Always be safe with your loved ones. My heartfelt prayers and love for you remained All my Redcash friends. I hope everyone is well with the blessings of God. I came here today as a new member of yours. I don't know much about this redcash. You will help me a little and give me a chance to solve any mistake. I need your help to move forward because I can't move forward without you. In other words, in real life we ​​need someone to help us move forward and we can never do anything alone. Look at the progress behind everyone's life. Someone else has at least a hand. However, we will continue to walk the path of life by loving each other.

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