Vapor Nodes | 4 Months After Investing $200…
Do you guys remember nodes season? When everybody thought they were going to retire in 2 years and live the most lavish lifestyle. Yeah, I also fall for that trap.
Just compound, right? Good old days. Either way, I invested in Vapor Nodes over 4 months ago, here are my results.
On February 27 I put $200 to work. Everybody was talking about VPND and their future chain and dex. So I bought my 4,000 VPND tokens. I was making good money per week but I decided to compound only.
I said to myself if I am able to make that much money with the amount of VPND I have now, why not just stake more? And that’s exactly what I did. For weeks I was compounding around 5 days and cashing out maybe twice a week at the most. I was making around $3 -$5 per day with only 5,000 VPND but instead of cashing out I reinvested/compounded until I reached $279.
As of today, I hold 20,400 VPND and I am barely making 0,50c per day. Unlike February and March where with 5,000 VPND staked I was making over $3 per day. But just like all these other projects, including even Bitcoin went downhill.
Good thing is that I never invested more into it out-of-pocket and I only used my rewards as my buying power.
Luckily I did start to cash out more often but by that time the price was getting obliterated. By when I decided to take more serious my cashout the token lo
Long story short I have now cashed out $230, so I made a profit of $25 over my initial investment. I am not counting the amount reinvested because that was out of pure profits.
I am still making passive income each week. Ranging sometimes up to $5 depending on the price that day.
Here’s a screenshot of my spreadsheet
Link to the spreadsheet: https://defichronicles.gumroad.com/l/xwwln
Would I still recommend it?
I was buying the top when I should have been selling my rewards and then compounding when the price is low. I am mad at this project and how I managed my cashouts but I still do love it.
To be honest, VPND is one of the oldest projects. And after the crash, their token dropped in value they are still building, and still super active. They have a doxxed team and a real roadmap. But unfortunately, it is taking longer than expected.
I thought that by now we would have a dex or some good news about the VaporChain.
The good thing is that if you invest now you are buying at a much better price than I got in. And at a 1% daily ROI that's a pretty nice income. But remember that the token price can fluctuate up and down, so be careful.
If you do choose to invest in it, here’s my usual referral link. By using it you support me and my content :)
https://app.vapornodes.finance/nodes?invite=0x43dc5E8C988c3563db3d6C16243F5Eb4C15058A7
Make sure that If you invest in any node or passive income project to put yourself first. Always try to get your money back as quickly as possible. You can compound a little bit but don’t get lost in the eternal compounding and never cashing out.
Thanks for reading, if you want to support my chronicles click the link below 👇💜
https://www.paypal.com/donate/?hosted_button_id=AZWM9W4ZVJB94
My YouTube channel▶️:
https://www.youtube.com/watch?v=aurU-nghWLA
Let’s be friends on Twitter🐥.
@Defichronicles
Disclaimer: This is not financial advice, I am just a guy with a laptop sharing his opinions and experience. This is for entertainment purposes only. Always Do your own research before investing.
