# steemsilvergold Smartnode and Condominium masternode updates


Hello folks and welcome to my post. This is a super quick update on what is going on with a few of the crypto's that our part of the shared #steemsilvergold crypto fund. I have had a few people ask me about eh masternodes we own and things like that and as i have not been posting, it like a few updates are required to keep members in the loop.

Smartcash

Starting out with smartcash (SMART), without talking about the price and it's marketcap position and the fact that rewards are just about paying for the VPS server's required to run masterodes, we are still in a good place looking at it for a long term hold. We currently have 7 smartnodes running, each pays out 20 smartcash every 2 days and on the 25th of each month each smartnode receives around 120-150 in smart rewards. Each month, each smartnode earns around 420-450 smartcash. We currently hold over 81,000 smartcash over our 7 smartnodes, this means we have enough the make another smartnode for FREE and there will be a few thousand left over. As it is the 12th of the month and rewards on paid on 25th, i will make our new 8th smartnode on the 23-24th to ensure we have 8 smartnode's on the 25th, the day of the screenshot. I will make a proper update post when the smartnode is set up and will include ownership percentages and a few stats.

Note: When withdrawing from a smartcash address, a forfeit of smartcash rewards that that months apply's. That means as i plan to withdraw funds on the 23-24th to get the 10,000 smartcash needed to set up our new smartnode, we will lose this month's smartcash rewards.

Condominium

This is an interesting one. As a group, we bought and started with 50,000 CDM coins and staked them on StakingLabs (my affiliate link) to build them as quickly as possible by compounding down earned coins daily. We now have a total of 122,000 CDM coins in our account and even with the price of CDM sinking with the rest of the market, we are doing a hell of a lot better than just holding them in a normal wallet. This again is a gamble coin but i see us hitting the half million mark and if the price if right, we could be laughing. Condominium had a +30% day last week as well i should mention. Stay strong i guess with this one

The Rest

Ahhh, you know, the normal. The good coins we hold are down 70% and the bad ones are down 90%. Last month, we had problems with exchanges maybe due to the hardfork STEEM was preparing at the time. We were not able to complete are group buy of Siacoin so if have decided that this can be October's coin and we can redo the buy with me releasing the buy post tomorrow on the 13th as normal.
I am thinking a proper more detailed update post is needed just show values and ownership percentages. Some of coins have also forked/airdropped and im not sure how to deal with that yet. The forked/airdropped coins are worthless but in a few years, who knows?

It is still bad times now for crypto's but this is the way it is. It can not always be milk and honey. Now is the time to buy and hodl as good time's will come again. When BTC hits $50k, what price will STEEM are any of the coins we hold be? Bitcoin will hit $50k because it how can it not? Now as many of us only got into crypto's during the last bull run, next time round will be much more interesting and there will be money to be had.


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Lambo tour through Southern Italy in 2020

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Thanks for the update UK, hope all is well.

All is good, thank you.

Thanks for the update buddy! CDM is a winner, I just feel it!

What fun it will be when we hit the big time with crypto!

thanks for the update. hope you had a good break! :)

Thanks SSUK! I am feeling good about several of the coins we invested in and think we have some winners.

Nice one silverstackeruk I've been on the CDM ride for a while... a lot of promises from the team.. let's see if they can actually deliver! I'm still in for now...

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