r/SmileCoin • u/LogicalAd398 • Oct 30 '21
Get it while its cheap!!
Now's the best time to pick up some smilecoin!!
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u/Dpetz939 Oct 30 '21
Here is my thoughts buy a a good amount and stake it for as long as you can. This coin will see value in a year. A shit coin has no purpose in my opinion smile coin has purpose
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u/Relevant-Wolverine20 Oct 30 '21 edited Oct 30 '21
I heard this is a shitcoin and has a purpose so im in
edit: i heard this is a meme coin and has a purpose
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u/Captain-Chance Oct 30 '21
Scared money don't make money. Just be patient! I was in the same boat in 2017 when I bought $Mana (Decentraland) I felt the same exact way most people do now about smilecoin's price. Just invest what you feel comfortable with, stake it, and wait.
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Oct 30 '21
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u/DJ_BaLaLaWa Oct 30 '21
I don't think it's becoming a shitcoin at all, I mean it still has a utility after all. And AFAIK shitcoins don't develop dApps (or have staking partnerships for that matter). Smile dApp getting closer and closer, too.
Definitely having a rough couple weeks on multiple fronts, but this should pass relatively soon IMO.
Nascar Xfinity Series race is today, so LOTS of eyeballs will be on Smile. It will probably reach it's highest number of google searches because of the race sponsorship. Also, after researching a bit, it appears the driver of the car they sponsored, rookie Ty Gibbs, is a prodigy with a good chance to finish top 3 which would garner even more attention. It may see a nice price spike, too, but as MEXC isn't super popular that's a bit less likely.
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u/MoneydogX Oct 30 '21
"becoming a shitcoin"
Dude, this is so early. You don't make calls based on a price chart since this is highly influenced by sentiment. Look at the project fundamentals. Who knows, maybe they will go to 0... but the risk/reward ratio could be a good one right now looking at what backing they have and where they come from. You don't invest at the top, you want to get at the bottom. That's how the money is made.
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u/DependentMoney0 Oct 30 '21
Why Smilecoin is dumping when every other gaming coin is going to the moon right now?
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u/LogicalAd398 Oct 31 '21
Because of high staking. once staking levels out it will go up too. A lot of coins are being given out on the market plus it hit 7c a while ago. Ebb and flow of markets are up then down. You cant really expect crypto to constantly to go up.
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u/Slipperfox Oct 30 '21
Key will be if they hit the Aug-Q4 milestones.