For Christmas in 2016, I bought myself a Dash masternode for around $11,000 which is worth $78,910 today on March 14, 2017. Should I sell it? My plan was to buy and hold it for at least a year to get the mining rewards and to pay capital gains tax which is must lower than income tax required if I sell before a year. When the price was at $40, I was thinking of selling it and now it is easy to see I would have missed out big time. What about viewer comments suggesting that I should not talk about having one because it could get stolen? Is my USD truly safe in the bank? Did I buy a Dash masternode just hoping to make money or did I want to contribute to the Dash community?
What is Dash? Dash is like digital cash or an upgraded Bitcoin with truly anonymous and instant transactions possible! What makes Dash awesome as a currency online or cryptocurrency or alt coin? DASH PAYS MINING REWARDS TO MASTERNODES! Dash has masternodes which require 1000 Dash and pay out mining rewards every week or two along with voting on budget proposals. In learning about Dash’s features, I felt it was undervalued and had better potential than most of the other crytocurrencies! In taking massive action after reading MONEY Master The Game by Tony Robbins, I sold everything on Poloniex into Dash to get enough for my masternode. At the time, this cost about $11,000! 3 months later, my investment is now worth around $78,000 and I think a lot more upward potential is possible because Dash has half the number of coins as Bitcoin while the price is just a fraction of what Bitcoin is!
Thank you for reading about day 124 of Happier People podcast! My exercise today is to trust my brothers and sisters on this planet, remember why I am here, and understand that nothing I get will be mine to keep.
---
Support this podcast: https://podcasters.spotify.com/pod/show/jerrybanfield/support