Why did I invest in SmartCash?
Why did I decided to invest in SmartCash?
In this post I will answer why did I decided to invest in SmartCash? I will give certain points on why I did invest in it, and why I believe it will be a top coin in the future.
SmartRewards
The first reason is because of SmartRewards, SmartRewards are price stabilization mechanism and to encourage long term holding. SmartRewards rewards holders of at least 1000 SMART in one wallet address. Snapshot and payments will occur every 25th of every month. Here are the main things to remember about SmartRewards - Minimum 1000 SMART required, Initial 30 day hold, Payouts are 25th of each month.
Up to this moment, I have received now 3 payments of SmartRewards which generated 2373 SMART($141) and my initial investment of $40 SMART back in August which is now $148 due to the price increase of SMART. My $40 investment is now $289. SmartRewards surely rewards holders. The best feature that I liked of SmartCash.
The Community
The second reason is because of the community of SmartCash, back then the chat server was on Slack, but now it is on discord. Back then I had so many questions about SmartCash I then went to their Slack channel and asked all of it away, and the developers are the one to answer the questions themselves. If I had problems with synching of the wallet they will help you in any way they can. So if you have some questions come and join the discord server at https://discord.gg/3ycDP4R
Tipbots
This feature really amazed me, they can tip you with SMART in the Slack or Discord channels even here on Steemit. I had received some tips through the tipbot by posting here on Steemit, it is really easy to withdraw. All of my tips went to my SmartRewards address to accumulate more.
Smarthive Voting
I also like this feature, it is a place where SmartCash holders can vote on some proposals that are submitted from the community. To see the current proposals head to https://vote.smartcash.cc/ and you can see here the current proposals. Smarthive Voting is really good where every holder of SMART has a say to the future and direction of SMART. 1 SMART is equivalent to 1 vote.
Thank you for reading to learn more about SMART, and SmartCash and its features head to these links:
Website: https://smartcash.cc
Discord Server: https://discord.gg/3ycDP4R
Come and join the hive!
Nice investment, the SMARTRewards feature looks really interesting. Congratulations on your gains and investments.
Thanks for letting me in on this, I never heard of smartcash before. How can they afford to pay so much SMART to holders? Based on what you said they paid you 700% in 3 months.
Not really, I was an early adopter of the coin from 1 SMART back then was 0.00000406 BTC right now it is 0.00000523. And from the Ambassador program by posting here on Steemit and 3 months of SmartRewards, I gained 2600 SMART just by holding SMART in a wallet address and posting here on Steemit about SmartCash.
SmartRewards are from the block rewards, while the tips/ambassador program is from proposals which the SmartCash community voted for, in the proposals there is allocated budget for this. If you have more questions join the SmartCash discord server.
I will be doing a part 2 of this still gathering more information on the awesome features of SmartCash.
really misleading then. Can you clarify how much you get monthly just for holding 1k SMART?
Thanks for pointing that out, sorry I badly explained that one. I have changed it now
Np, great post man resteemed, just wanted to clear that out.
That is an insane return. Is it the same every month? Do the payments increase if you are holding more tokens?
From my own experience, No the returns are not the same, from the first month return to the third it was decreasing.
The addresses that are eligible for SmartRewards are increasing. Yes I think the more SMART you have in the address increases the returns.
You can use this calculator https://smartcash.cc/what-are-smartrewards/#toggle-id-1
This calc says you only get 75 SMART for holding 1000, how did you manage to get 2k SMART then?
Back then there were a few, SmartRewards eligible addresses, so my initial SMART investment was 2000+ the first SmartRewards was I think 945 SMART then decreased now to 587 SMART last time.
I earned it by compounding the rewards and my initial investment, not moving it.
You can use this tool too to see how much you are getting when you start. Also you can display the eligible addresses. Just input the address and you will see how much SMART you are gonna get.
I tried adding my address and my 5000+ SMART will gain me 381 SMART the next payout.
https://smartcash.bitcoiner.me
@smartbot tip @runicar 50
Something to start with bro. :)
lol how do I claim this now? :)
comment in this: @smartbot withdraw 50
<address to send to>thanks, would you trade some smart for steem/sbd? the exchanges are killing me.
I am not good at trading, haha. So I just buy and hold for the long term, but want to learn day trading and technical analysis haha
You got a 0.10% upvote from @postpromoter courtesy of @runicar!
Σ$$$ Tipped @runicar
Σ50 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.062 USDperSMART. Current value of the tip is$3.10 USD. To find out more about SmartCash, please visit https://smartcash.cc.Thanks man! I'm currently looking into getting some SMART but I am not registered at any of the listed exchanges and am afraid of the high BTC fees, would you be willing to trade some SMART for steem/SBD? @smartbot help
I'm not sure what you mean?
@smartbot help
You can use the following commands:
balance- displays your current wallet balanceaddress- displays your deposit addresswithdraw <amount> <address>- withdraws the amount of SMART to addresstip <nick> <amount>- sends the amount of SMART to nickterms- displays terms and conditions for using @smartbot@smartbot address
@smartbot balance
withdraw 50 SkCg6mXevWB8v2W66B4KPPMR94o18jvHpt
Very nicely laid out post! Top things about SmartCash :) I love the voting system too, and the fact that every single user can vote, not just those who have a huge amount of coins like you see with other cryptocurrencies. And I love the tipbot also!
I love the smartrewards, that is why I sold my other coins and now hodling 15k of smartcash, just waiting for it to compound and will definitely add more once able.
Nice wow 15k, I only have 5k right now looking to get some more before the smartnodes release, and will try to setup one.
@smartbot tip @vallesleoruther 30
Σ$$$ Tipped @vallesleoruther
Σ30 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.061 USDperSMART. Current value of the tip is$1.83 USD. To find out more about SmartCash, please visit https://smartcash.cc.Wow thank you very much for the tip. Yes the tipbot is awesome hands down to the awesome developers of SmartCash. Yes the voting system is great a unique feature with loads of potential.
I have been seeing smartcash but still I don't have any idea about it. Good thing that I saw your post here. I am so lazy to study it good thing reading your post enlightened me. Now I am thinking if I will join too. 😁
You should my friend... dont let the oppurtunity go.
In that case this may help with step by step:
https://steemit.com/smartcash/@nitego/guide-on-how-to-invest-in-smartcash-for-non-geeks-call-to-action-part-1
Thank you for this guide surely will help others who will want to invest in SMART.
Well there will be a part two of this post, still gathering information for the next one. I am glad that this post helped you. Join the discord server and ask away any questions you have on SmartCash. :)
Straight to the point! Good one!
Thank you very much for the comment.
Nice post bro. Upvoted and reteemed for more visibility. I like smartcash.
Thank you very much bro, lets continue to spread the word of SmartCash.
interesting
Thank you for the comment, nice!
@smartbot tip @vallesleoruther 300
Σ$$$ Tipped @vallesleoruther
Σ300 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.061 USDperSMART. Current value of the tip is$18.30 USD. To find out more about SmartCash, please visit https://smartcash.cc.@smartbot balance
You have
Σ480 SMART(unconfirmed:Σ0 SMART).@smartbot withdraw 480 SjYEJ92zE283nBkdLG5RqqnxojYNYt5aH2
@vallesleoruther:
Σ479.99 SMARThas been withdrawn from your account toSjYEJ92zE283nBkdLG5RqqnxojYNYt5aH2. You have been chargedΣ0.01 SMARTwithdrawal fee. Transaction5daf1e6d56477657ec1a3640ab4831395cd1d50a3ec4a92e1147a206d6cc28dcis now completed. To monitor the transaction status click HERE.Thank you so much @hockleyj
@smartbot tip @vallesleoruther 200
Σ$$$ Tipped @vallesleoruther
Σ200 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.061 USDperSMART. Current value of the tip is$12.20 USD. To find out more about SmartCash, please visit https://smartcash.cc.@smartbot help
You can use the following commands:
balance- displays your current wallet balanceaddress- displays your deposit addresswithdraw <amount> <address>- withdraws the amount of SMART to addresstip <nick> <amount>- sends the amount of SMART to nickterms- displays terms and conditions for using @smartbotbalance
You have
Σ170 SMART(unconfirmed:Σ0 SMART).@smartbot tip @vallesleoruther 300
Sorry @hockleyj, you don't have enough funds (you're
Σ120 SMARTshort).Thank you again for the tip :), but I think it did not go through.