We are coming up to that time of the month again folks. It would be time to start arranging a new #steemsilvergold crypto buy for August. Im going to suggest a long shot for this month that could pay off big time. I would normally put out a few suggestions but i have noticed that we work better as a group to make our monthly selection. As this is a suggestion posti will not be including the finer details. We all know the rules by now and if not, they will come with the buying post.
3 Things that never change
- Buying post goes out on the 13th every month
- Money is collected on the 20th of each month
- I make a post on the 21st to confirm the buy is complete
This Months Suggestion
I am going with a complete wild card here with this one. Its called Condominium (CDM) Now to be honest, investing in this coin is a different cattle of fish all together comparerd to the rest which we either hodl are stake. This is one we would be using to fund other projects. You heard that right, fund other projects.
To get to the point, This is a super new coin ranked in around 1500 on coinmarketcap and masternode can be bought for around $500. Better still we can run part masternodes from a website called StakingLabs(This is an affiliate link). You can see from here that the rewards are insane. I put 10,200 into a masternode and have already received around 1400 in masternode rewards in 3 days.
Do not get me wrong here and think i expect these sort of rewards and profits to last but it is a new coin gaining ground purely because its paying out 1300% per year and the price of the coin is still growing. I would expect lots of people to jump on board and masternode payments to dwindle quickly, i mean like over the first 6 months anyways. I would suggest we take advantage of this and use these payments for fund some other stuff. Based on 1 masternode we would earn £1200 per month ( ko ko crazy), we could build another complete node and buy for example 50 EOS are 24 Neo based on todays prices. Its sounds crazy but even if it goes to plan to for 1 month, we are winning. If the price doubles, we are really winning.
I think its worth a punt, who's with me?
Brand new listed on marketcap 10 days ago