I lost my job in March last year. Just in time for the epidemic. Many people had lost their jobs and were unlikely to find new ones. It was a very bad time. Like many people it was hard for me to deal with that situation. I had to browse the web every day hoping to find new jobs. I learned about Bitcoin in about 2019. The highest price of bitcoin at that time was about 10K, which was a very incredible price. The average person couldn't afford to buy bitcoin anymore. What I didn't expect was that by 2021 Bitcoin would reach $60K. I couldn't afford Bitcoin either. I downloaded a wallet and bought a small amount of ETH from a friend and tried to trade contracts on biance. Basically, I lost money. Luckily. I still have BNB tokens left in my wallet. I had a chance to buy Safemoon when I found it.
I remember browsing the coinmarketcap page one day. I accidentally found safemoon, but didn't care because its price was very low. And the ranking was not very good. The next day. I found that safemoon was up more than 100%. I started to get nervous. Then I opened their website and reddit channel. Safemoon was still very new. The group was also full of distrust. I was very hesitant. Then I looked at their website in detail. What gave me the most confidence was safemoon's radiation mechanism. Although there is a high transaction fee for both buying and selling. But as long as hold there is a constant stream of interest income. In other words. Just buy safemoon in your wallet. You do not have to do anything. Every day you can receive safemoon tokens as a reward. This was a very smart and efficient means of income at the time. And the transaction fee of BNB smart chain is much lower compared to ETH. I bought 0.1 BNB of safemoon on a trial basis, and I watched it in disbelief. Incredible. I saw the balance of my wallet safemoon was growing. I kept refreshing my wallet. I was so happy that I could really receive safemoon. Bought the balance of my wallet 0.1BNB again. That was the happiest thing for me in that time. I kept refreshing my wallet every day. And the growth rate was very fast. In less than a month. I follow reddit every day. safemoon has more and more users. The price also kept going up. For safemoon army. It was a period of revelry. Many people who bought early had already made huge fortunes. One person invested $200 upfront and is said to have made more than $60,000,000 in profit because he was the earliest investor. He bought in at the Safemoon IDO stage. Many giant whales have made amazing fortunes by investing very little money in the early stages. This is the fascinating thing about cryptocurrencies. It is the best way to financial freedom for ordinary people.
My balance was worth $300,000 at its peak, but I didn't sell it. Although the price has come down now. But I believe it will return in value. I believe early investors will do the same. For cryptocurrency. It's the best way for the average working person to make a profit. And it's something that real jobs don't have the means to achieve. I'm not encouraging everyone to give up their jobs. Rather, I am suggesting that you can invest in cryptocurrencies properly while you are working. Because a good cryptocurrency can bring you wealth growth. I personally feel that blockchain will be popular in a very short time. Getting involved in the early stages of anything is the best opportunity. But right now there are over 5K new cryptocurrencies on the market every day. And many of them are fraudulent in nature. So investing in cryptocurrencies requires you to keep learning new things. To be better able to discover valuable cryptocurrencies.
I found the problem during my long involvement with safemoon. It is a very valuable and creative investment target. This is best illustrated by the fact that it can succeed against the competition in its time. There are far more than 100,000 imitators out there, and very few of them are comparable to safemoon. The biggest advantage is his Reflections mechanism. All holders can share to Reflections to get safemoon tokens. But this is also the biggest problem of safemoon. Because the price of tokens goes up and down. When it goes up it is possible to profit 2 times. Once is the increase of the price. One is the increase in the number of bonus tokens. However. When the token price goes down. Your overall value is also decreasing 2 times. And here's the biggest problem. Not all exchanges can trade safemoon. when you want to sell. The most popular option is pancakeswap, but in addition to the high transaction fees, you must also pay the pancakeswap market maker fees. In many cases, even if you have safemoon tokens, it is difficult to exchange them for the dollars you want. The exchange rate in the middle is too high.
After discovering the problem. I consulted many people but could not find an optimization solution. Because there are few exchanges that can trade. The problem is that safemoon can only earn safemoon, and there is no way to change this. This is why the TUSDT token was created. the basic logic of the TUSD token is based on safemoon. the only difference is that TUSDT earns $ USDT. i.e. when you are trading on the TUSD token, you are earning $ USDT. When you buy a TUSDT token. The only difference is that TUSDT earns $ USDT. i.e. when you buy a TUSDT token, all your dividends are $ USDT. and the dividends are set every hour. All dividends are transferred directly to your wallet. When your income is $ USDT. You can buy as many tokens as you want. Or exchange it directly to your local currency. $ USDT is equivalent to US dollars. Your withdrawal fees are very low. There is no need to compromise in the middle. This should be the perfect solution. And it doesn't matter if other holders are buying or selling. All holders earn their share of the profit. This is automatically enforced by the contract. No one can interfere with it. We are after the issue. We also give up the ownership of the contract. That means even we can't interfere with the ownership of TUSDT tokens. True community autonomy. The more upfront investors are able to buy more TUSDT at the lowest price and maximize profits.
Why we should give up ownership of contracts to achieve community autonomy. Investors who understand safemoon's development history should be well aware of this. Why safemoon's price has fallen so severely since then. Besides the price fluctuation of the whole crypto market. It is all related to the fact that there were too many personnel changes in the shareholders and top management of the company. There were several crises in the middle of the process, and they were all caused by the different philosophies of the founders in the early stages. Luckily so far. Things are moving in a good direction. This is the best protection for all those who have invested in safemoon. So giving up ownership is very necessary. With an absolutely fair mechanism for everyone to participate equally. You can buy a large share at a very low price upfront. Personally, I think finding good tokens is a kind of luck. Because of the high cost of promotion. High that the average person can't afford to pay. You can hardly make people discover you. The best way is through your participation. It's really profitable. Then you tell the good news to your friends around you. Get them involved too. Of course. The best way is to invest in small amounts of compound interest. Don't invest all your assets at once. You can make additional investments after you have made a profit is also a good choice.
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TUSDT token details:
Web :
https://www.tusdt.online/Twitter : TUSDT (@TusdtCoin) / Twitter
Telegram :
https://t.me/tusdt001Reddit :
https://www.reddit.com/r/TusdtCoin/Contract address (BSC): 0x43693bCD525Dc197E651Ec40b1D258031dDEC7be
Trading at pancakeswap :
https://pancakeswap.finance/swap?outputCurrency=0x43693bCD525Dc197E651Ec40b1D258031dDEC7be