Masternode Portfolio December Update #REALROI
Mister Node manages Masternodes for different entities. In this monthly update we will keep track of his portfolio, and actual profits made from sold Masternode stakes. It will be very interesting to see how value and ROI of different Masternodes will develop over time. Track his portfolio on portfolio.masternode.buzz.
The year 2020 has been amazing for crypto. The year institutions started depositing their monetary energy into Bitcoin, which caused an immens price increase: just under $30k at the time we updated our portfolio. When we look at the Google Trends data we can still see that retail interest is relatively low and growing. It can be expected we are still early in the cycle and we're up for a wild ride.
We have seen some pumps in blue chip (top 100) alts, but it can be expected to have a full size altcoin boom when Bitcoin consolidates (around $50k maybe?). A lot of new people will get into Bitcoin, and after they've made nice gains they will chase fast growing profits in lower-cap alts. Or at least that's what happened last cycle, will this be different? Only time will tell.
The Portfolio is going strong, and is nearing July's all-time-high. It is not outperforming Bitcoin right now, but it is providing a nice monthly passive income stream. When we compare the portfolio with 1 year ago, the value went from $19,373 on 1-1-'20 to $63,041 on 1-1-'21.
Midas has taken the #1 spot in monthly profits while the Masternode value also increased 13% to $7,099. VeChain's node value increased 27% to $32,170 and the strongest increase comes from Polis with 148% to $964 per node (we have two in our portfolio).