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re: Safemoon crypto currency up 4783% in a month

Posted on 4/20/21 at 10:11 am to
Posted by Shameless
Member since Jan 2017
833 posts
Posted on 4/20/21 at 10:11 am to
Still trying to grasp how Safemoon works since you have to buy other tokens and convert them into Safemoon? Once you make your profits and want to sell, you have to convert back to another token? Does this mean you have to carefully examine the value of Safemoon AND whatever currency/token you convert when buying and selling?

Yes, I’m dumb.
Posted by zzgobucky
Madison
Member since Sep 2016
1748 posts
Posted on 4/20/21 at 10:20 am to
Depends on how quickly you convert. The price of BnB coin doesn't matter if you quickly convert it to safemoon. And vice-versa, when you want to sell, you can convert it to a stable coin like tether,which is always $1.00
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