Cryptocurrency: Create a passive monthly income using POS/StakeUnited - Verified
So you've recently heard the uproar that is Cryptocurrency. The ability to invest $x and return huge % profits in no time? My name is Hussain, I am from England and I have been an avid reader of steemit from the beginning. I have personally invested into 28+ different cryptos ranging from $10-$150 each.
You may think this is a small amount but if you invested $71 into Ripple (XRP) in Jan of 2017, that investment would have returned you over $25,000 today!
This would be the conventional way to invest but have you ever thought about staking your coins and building up a passive income off them.
I recently stumbled across a site called StakeUnited, having been hit by the closure of the LTC pair for EMBERCOIN with Cryptopia which led me to StakeUnited and I thought... Lets give this a try!
As the complete market cap for cryptocurrency as a whole dropped, we were all seeing red and making losses. Therefore I decided to test out StakeUnited for the steemit community!
If you're going in, you may as well go all in!
So that's what I done, I invested a healthy sum of 2,445,108.99 EMB coins to be exact (Proof Below 1.a)
1.a)
Once I had deposited my coins, they took 24 hours to mature into the Staking Pool and start minting some new coins! The coins had matured within 24 hours and I was making a daily return on my 2.44 million EMBs after this.
The current return on Ember coin is set at 720%, which works out to just under a 2% / 32,000-46,457 EMBs return daily for me. From (Proof 1.a) you can see that I initially invested on the 22th of Jan, this would have matured by the 23rd of Jan. So at the time of writing this article, I have been staking for around 13 days. To be honest with you all, I hadn't really checked it after 2-3 days of staking, so upon checking today and seeing that I had accumulated 425,854 coins since the 23rd of Jan, a 17.4% return on my investment in 13 days is not too bad. (Proof Below 1.b)
1.b)
StakeUnited - overall I am extremely happy with how it has ran so far, I am now looking to invest some money into the other cryptocurrencies that they offer staking with.
If you would like to stake any of the following coins: AERM, ALTCOIN, BUZZ, DV7, DVRS, EMB, HIGHT, HOLD, KB3, LAMBO, MONK, MUT, OPC, PIVX, xGOx, XIOS, XP.
Oh and I forgot to mention, StakeUnited is fully automated and managed in-house, no need to keep your wallets running 24-7 as they run this of there own servers.
Also guys & girls, please use my referal link as it would help me continue to create content for you all!
Use this link - https://stakeunited.com/HussainR24
Thanks for the info, I'll have to check them out. I'm staking with a couple of my coins at the moment, but staking into a managed pot I guess you'd get more than if you just staked on your own
No probs Jack, yep you usually do get more stake returns when everyone puts into a larger pot as it stakes more often. If you need any more help or would like me to write about anything else, do let me know pal!
Thanks. Will do