Is smartcash stupid?
Buy in a bleeding market they say
buy the dip they say
never buy high...
Welcome to the bear market
Smartcash is on its lowest since the beginning of December, all those people that bought in before that are still in a profit...
It is still going down... why ?
well I assume this is because most people are just holding their smartcash in Nodes or just in the wallet for the smartrewards. There is not enough liquidity in the market and of course bitcoin going down does not help either... So all this FUD is there but in the end it will not matter. Smartcash is not a project that is failing like so many others that tried
This is due to the fact that
- the community is very active
- the devs are not sitting in front of their out of date computers picking their nose (at least not all the time)
Just have a look at this roadmap and have a good browse around the website https://smartcash.cc/
If that does not convince you visit the discord or the telegram channel so you can be convinced that is not just people trolling in the chat screaming FOMO and FUD all day long
But WAIT
Smartcash really is smart (not stupid)
there is a difference with a lot of other coins out there that only have their value go up and down like a yoyo
Someone with 1000 smartcash in December got
8% in december
6,2% in januari
4,7% in februari
3,55% in march
80 + 62 + 47 + 35,5= 224,5 which is a 22% revenue in 4 months...
Yes smartcash is not stupid way to earn money, but many people failure of their online projects, on the other hand there is very successful people earning daily a lot of money, and to be successful you should work hard at the beginning, the online work depend on many thing, the most important thing is a targeting trust fans their are believe of your work and and to do that, you should work hard to marketing yourself.
wise words
It actually is higher than 22% because you didn't factor in the compound interest if you didn't move your coins. That's why I love compound interest.
If you only have 1000 then you do not have compound interest... it starts every 1000
any amount 1000 and over that is not spent during the reward period will be eligible for smartrewards, it compounds from the 2nd month onwards if unspent in order to remain eligible etc.
ok, then I have really misunderstood until now
I have always thought that it was 1000 +70 smartrewards = 1070 (for example) and then next month still the 1000 + 70 smartrewards + 70 you already had
but you are saying it is 1000 + 70 = 1070 and the next month 1070 + 71 = 1141
(I know the math doesnt add up but it should show my meaning)
so which one is correct?
Didn't we get 8% payed out in dec to re invest / stake ? If we did, off course it compounds :)
How can compounding start every 1000? it is based on payout and re investment?
What did I miss ??
Hi @felander ! This is a question related to @buildteam . They have not done todays stake payment as usual. Do you have any news or know something about it?
Regards, @gold84
They did do the payout
Yes, they did it the next day, because of easter I believe.
Regards, @gold84
Thanks for letting us know
smartcash is living up the standard of its name smart, and not stupid at all as soon as the bullish market hits Behold, that smart dream is here, for now lets play smart and keep hodling on
Smartrewards is all the hype right now, and it is rightly justified too... the smartcash project is too real to ignore. It has too many positives going for it... Lets keep hodling and innovating... the crypto world is ours! I am joining you!
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