- YieldNodes, a crypto project that boasts passive income
that supposedly safe and crisis proof
despite market conditions.
It's been offering investors at least a monthly ROI
of 5% every month since 2019,
and a yearly ROI of 200%.
And 60 days ago, I put in $12,200.
My original strategy was to put
in $500 per month over the next 36 months,
and my compounded investment at the end of that period
would be worth $164,000.
But crypto moves faster than Usain Bolt,
and a lot has happened in the last 60 days.
So is my strategy still the same?
How much have I made so far?
And do some of these updates that have recently happened
affect the longevity of the project?
We're going to tackle all of this and more,
and be sure to stick around until the end of the video
because I have a big giveaway for some of my subscribers.
YieldNodes has been very consistent
with its monthly ROI of 5%,
starting in October of 2019
with a monthly ROI reaching one month of almost 20%.
And all of this income comes from master noting.
Master noting is an aspect of the blockchain
that processes transactions and in turn receives rewards.
However, these nodes can not only be expensive sometimes,
but they can be difficult to run as well,
which is why they will take a minimum investment
of 500 Euros,
and the way you take part in a slot in one of these nodes,
which is why YieldNodes is sometimes referred
to as a node rental program.
So in summer you invest in the YieldNodes,
you get a monthly return from the income
of the master nodes,
and your money is locked up for six months,
which makes sense because any kind of DeFi rental program
or hedge funds takes time for your money to work for you,
and you just can't pull it out at any given time.
And like the node rental program that runs on transactions,
this video runs likes.
So if you could do me a solid and hit that like
and subscribe button for the YouTube algorithm
like the YieldNodes program,
you'll get rewarded in weekly ways
on how to make passive income.
But what kind of nodes is YieldNodes investing in?
Because one thing in decentralized finances,
no matter how big or small the returns are,
without utility that project is absolutely useless.
YieldNodes operates a handful
of different nodes across different industries.
The Sapphire node is their main node that just partnered
with the currency of a small government.
They also have nodes operating in the gambling arena,
as well as carbon saving industries,
just to name a few.
And the goal idea here is
as these projects grow and flourish,
so will the YieldNodes project as well.
And that's going to be how they're able to continually
afford these types of payouts.
So how much have I exactly made so far?
I've put in 11,611 Euros,
and I've brought back 1,533 Euros.
And this is broken up by 754 Euros in May,
and 708 Euros in June.
And I've then added those totals to my original balance
to get that compounded ROI,
because if you don't compound the ROI,
that 200% ROI per year is actually only
an estimated 120% ROI per year.
And I say only, but that's a pretty big difference.
And so far for the month of July,
it's looking like it's going to be
about a 6-7% ROI this month as well.
However, that being said,
there are a few updates within this project
that I need to touch on that have happened
since my original investment.
The first update being with the Euro itself.
Because this is a European-based company,
whether we're depositing in Bitcoin or Ethereum,
all of our investments get translated over to the Euro.
And since my original lump sum that I invested,
the Euro has gone down by about 5%,
meaning that that $12,200 that I put in
is now only worth about $11,600.
And this is completely out of the team's control,
but it's definitely something worth noting
that I think investors need to be aware of.
And to be clear, this is the first time in 20 years
that the Euro has been actually equal to that of the Dollar.
But the opposite effect could actually happen here as well,
where let's say you were to put in $10,000
and the Euro goes back up 5%,
that means that you get an extra 5% bump,
making it about a $10,500 original investment
if the Euro gets up to where it was.
The second update that we all need to be aware of
is how the emergency withdrawal payout actually has changed.
It's worth noting that all
of our money is locked up for six months.
There was an emergency withdrawal option
where you could take a 25% hit on your funds
if you wanted to.
They've actually removed this feature for the time being
where there's a wait list
if you want to emergency withdrawal,
and I'm not really sure the frequency of that,
but it's also worth noting
that it's giving buyers the option now
where if you wanna purchase people's emergency withdrawals,
you can and it's offering investors a 20% bonus
on their funds if they want to go ahead and do this.
This means that if you take $10,000 and you want
to purchase someone's emergency withdrawal funds,
you will actually be credited in an additional $2,000.
That means if you were to get a 6% return
on your investment,
that month you would get a $720 return on $12,000
as opposed to a $600 return on $10,000.
And I expected something along these lines to happen
given the price action of Bitcoin
and the current state of the bear market.
In bear markets,
there are just less overall investors,
which means that not only
are there less people entering in crypto,
but their node investments are down too,
and they're trying to keep as much money
in the protocol as possible.
And it's hard to say out of the monthly distributions
that they're offering to investors,
how much of that is actually attributed to node income
versus new investors actually entering the protocol.
So part of this is hinge on the fact of the economy,
but even if reports do come back
and declare us in an official recession at the end of July,
which is looks like it's going to,
the bottom of the market should still be here
within the next three to six months,
which means that Bitcoin should be on the rise after,
raising all of the tides of all crypto projects
including all of the nodes inside of YieldNodes.
And if you think of crypto projects or even business
for that matter as ships,
whole markets and times of rising economies
are like fair sunny days,
while bear markets are storms
where they need to hunker down and be defensive.
And I've talked with one of the co-founders, Steve,
on different occasions,
and I don't think that they're going anywhere,
but they still have a few cards up their sleeves
to play as last ditch efforts,
even if they do get into more sticky waters.
And I see there being four different options.
One is completely eliminate
their emergency withdrawal button,
and not even offering a wait list for this.
Number two is changing out the payout structure
for every other month,
which could help with cash flow issues in the short term.
Number three is switching
from a Euro type payout structure
to where they actually start paying
out their customers in cryptocurrencies.
So that could be an option as well.
And the last option I see there being
is just lowering the monthly ROIs
until we get out of the bear market.
Now, I don't really see any signs
of any of these moves happening,
but I always like to try and think one or two steps ahead.
So in summary for now,
I'm continuing my $500 monthly deposit
and compounding back into the protocol itself.
It's also worth noting that YieldNodes
has a very unique audit system
where they bring out four different individuals
every six months to look at the protocol itself,
as well as some of the different investments.
And as I promised,
I was going to be doing a giveaway for one subscriber.
So anyone who signs up
on my YieldNodes affiliate link down below,
I will be entering in a chance to win $250.
So you don't even have to deposit anything.
All you have to do is sign up, which is completely free.
And if you do make any type of deposit,
I'll be entering you in a chance
to win another additional $250 down below.
All you have to do is email this email on screen,
and let me know that you signed up with what email you used,
as well, as if you do make a deposit,
what amount that's for.
And I'll leave the other YieldNodes video
I did up on the screen right here.
I recommend checking it out.
As always, if you did find any value in this video,
be sure to like and subscribe.
Thanks for spending your time with me today,
and I'll see you next time.