Why Smartcash Is A Win-Win-Win Situation

in #smartcash6 years ago (edited)

smartcash.jpg

Over the last few months I have been buying and selling Smartcash against Bitcoin on Crypto-Bridge. It has been a learning experience. One of the lessons I have learned, is that the price of Smartcash can move dramatically up or down at times, catching me out on a trade. At the moment however, the Smartcash price is at a relatively low level, and as such is a bargain for those who want to buy into a cryptocurrency that can offer rapid high-percentage gains when it starts to move upwards again.

The Win-Win part of the equation, is that not only can you gain value by buying low and waiting for a high point to sell, but while you are waiting, you can also store your Smartcash and gain additional value by holding your Smartcash in a Smart Rewards account within your Smartcash wallet (as long as you have at least 1000 SMART in your account on the 25th of every month, and have not withdrawn anything in the previous calendar month). Below is a Post that I wrote explaining Smart Rewards:

https://steemit.com/cryptocurrency/@auskiwi/smartcash-why-you-should-stake-with-smart-rewards-hodl-with-interest

What makes Smartcash a Win-Win-Win situation, is that @smartcash offers Steemit users the opportunity to earn additional value by paying 30 SMART per Post that is published by Team Smartcash members to promote the Smartcash brand. You can go to @smartcash's latest Post below to sign up for Team Smartcash by leaving a Comment. It's as easy as that. It's basically being paid to use social media.

https://steemit.com/smartcash/@smartcash/team-smartcash-on-steemit-weekly-updates-and-prize-winners

It's really a no-brainer in my opinion. If you combine the 3 elements of buy-and-hold long term trading, Smart Rewards interest and Team Smartcash payments, how can you possibly lose?

And of course any Steemit Posts also earn you SBD and Steem, so you could say that's a Win-Win-Win-Win situation. Is that a thing? With Smartcash it is! If you don't know much about Smartcash, you can browse a few of the earlier Posts I have made on Steemit and bring yourself up to speed (just look for the yellow Smartcash banners, the Smartcash Posts are easy to spot in my Blog feed):

https://steemit.com/@auskiwi

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7367.980$0.5%-13.46%
SBDSteem Dollars1.820$-0.67%-20.76%
SMARTSmartCash0.088$-2.2%-23.76%
STEEMSteem2.514$-3.6%-18.26%

Have you been having any success trading? With it's relatively low liquidity compared to some of the bigger coins, it's definitely tough because price jumps in huge percentages day to day.

As a result, it's a purely holding coin for us.

I am only trading small amounts at this point so haven't had a lot of problems with the liquidity being an issue. I have come to the conclusion that intraday trading isn't going to work too well, and will probably just place the occasional trade to catch swings in the market. At some point, when I have figured out the most profitable trading strategy, I am sure to write a Post on my Steemit blog and let people know what I am doing.

It would be my honor if you visit my photo blog and a following. I always hope to get reputed bloggers like you in my follower list.

Σ$$$ Tipped @auskiwi Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.083 USD per SMART. Current value of the tip is $2.49 USD. To find out more about SmartCash, please visit https://smartcash.cc.

@smartbot withdraw 20 ScZgsDXEhfXzXa9HsHUz3HuuztNwnaCRbC

@auskiwi: Σ19.99 SMART has been withdrawn from your account to ScZgsDXEhfXzXa9HsHUz3HuuztNwnaCRbC. You have been charged Σ0.01 SMART withdrawal fee. Transaction 25abf6bfbb63e95901b0c4478ef2e0d96d6760e6f2a7ab571ab36b4c08430641 is now completed. To monitor the transaction status click HERE.

i have around 700 Smartcash.. still short

OK, well let me know if you are still short next month and we can pool our resources. I currently have 370 SMART so we can hopefully start staking from the 25th of June. If you want you can keep adding till you have 1000 and then I can send your smarts back to you with interest and you can start your own account.

730 Smarts.. short 270 smarts

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