There are a few essential things when it comes to building a successful online business. One of those things is passive income – income that you earn even when you’re not working.
In this YieldNodes review, we’ll take a look at how this platform can help you build passive income streams. Passive income is an important part of any online business, and YieldNodes makes it easy to create and manage those streams.
So, if you’re looking for a way to make money while you sleep, YieldNodes is definitely worth checking out.
What is Yieldnodes?
Yieldnodes is a passive income opportunity that allows you to earn money through masternoding. The company aims to take a lot of the risk out of the equation by providing a platform that is easy to use and generates returns through masternoding that can be compounded.
Yieldnodes is a complex, multi-tiered Node rental program based on the new blockchain-based economy. The participant funds are used to rent servers that master-node and generate coins that we sell. It is a rental program and should be viewed as such.
About company:
The company is based in Germany and was launched in the summer of 2018 by Steve Hoermann. The company helps people earn a passive income by investing in masternodes.
Masternodes are servers that provide a service to the blockchain network and earn rewards for doing so. Yieldnodes make it easy to set up and manage masternodes so that anyone can earn passive income with little to no effort.
Since its launch, the company has been running smoothly and has helped its members earn a 47.7% ROI through March 2020. Everything checks out with the company and its CEO, so I believe it is an excellent opportunity for anyone looking to earn passive income.
How does it work?
When we talk about crypto and earning money, the first thing that comes to our mind is mining. Still, it’s not profitable anymore because of the high difficulty rate and low reward, so yield node came up with the idea of masternoding, which is much more profitable and easy to do.
Generating a return: is it possible?
Yieldnodes takes the model and uses the POF method but does it with many coins to generate a solid return because some coins might decrease in value and others may increase in value, and the ones that increase in value are the ones that you earn more coins from.
There are some investment schemes that offer a minimal monthly return, such as around 2%, while others offer hundreds or even thousands of percent per month. It is disappointing that most coins are worthless, and the coins that offer the highest returns have little value.
As a result, even a large quantity of coins will not buy much fiat currency when they are exchanged. Typically, lower return coins are more valuable.
There are many different coins available. What Yieldnodes does is research the absolute best master node opportunities available that would offer the best monthly return and use the funds of all the members to choose those right ones.
Risk factor:
It goes without saying that this process takes a certain technical skill that Yieldnodes have acquired that goes towards maintaining the security, the creation of masternodes as proof of stakes, and the integrity of the systems used.
There are thousands of various coins that you can masternode with, and to minimize risk, the company does a lot of research and chooses many of the best opportunities to stay in a steady monthly return.
Yieldnodes keeps a portfolio of around 14 solid cryptos for their masternodes, offering a solid and safer monthly return that can be updated with new coins or getting rid of the coins that are not producing that well anymore to reduce risk.
Is it safe or not?
Since Yieldnodes is an unregulated platform, there is no guarantee that it is safe to use. However, the founders are transparent and have invited 5 independent experts to audit their business activity.
Additionally, the platform makes regular appearances and sends monthly updates to members to keep them informed. Overall, I believe that Yieldnodes is a safe platform to use.
Want to know how to do investment?
If you’re looking for a way to invest in Yieldnodes, there are a few things you’ll need to do. First, you’ll need to create an account and deposit funds. You can do this by visiting the Yieldnodes website and clicking on the “Create Account” button.
But the time period is six months, and it can be a long time. However, you can withdraw your funds at any time after the six-month period is up.
Second, you’ll need to choose which investment plan you want to use. There are three different plans to choose from, and each one has different benefits.
You can either have your returns paid out to you monthly, or you can compound them. And finally, you can split your investment between the two options.
Once you’ve created your account, you’ll be able to deposit funds using a variety of payment methods, including credit cards, bank transfers, and more. Once your funds have been deposited, you’ll be able to invest them in a variety of ways, including through the Yieldnodes platform, through external exchanges, and more.
Overall, investing in Yieldnodes is a fairly simple process, and it’s a great way to earn passive income. If you’re looking for a platform that can help you build passive income streams, I highly recommend checking out.
Conclusion:
Yieldnodes is a great platform for anyone looking to build passive income streams. The platform is easy to use, and the team is transparent and supportive. I believe that Yieldnodes is a safe platform to use, and I would recommend it to anyone looking for a way to invest in masternodes.
