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#81
May 8 2021 05:04pm
Quote (darius12 @ May 8 2021 05:53pm)
Look at the gmr.finance website and look at tokenomics. It says 5% of the 10% tax goes back to holders per transaction. This means you get more gmr the longer you hold.


Quote (KRR @ May 8 2021 05:53pm)
Whenever someone sells or buys 5% goes to the holders.
So by holding you get more tokens any time someone sells or buys
The downside is when you buy you lose 10% of your input
When you sell you lose 10% of your earnings


I am quite conflicted about this, but the advantage means sideways movement is upwards movement.
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#82
May 8 2021 05:07pm
Quote (Thor123422 @ May 9 2021 09:45am)
I don't know how all this works, but it seems like the exchanges mostly just list the biggest ones. So if you want to swap some currency for another you need to go to a swap like pancakeswap to exchange it directly from your wallet.

So like I had Eth. If I want to swap for another coin on the same network as Eth I can do that just by using a swap.

But since Eth and GMR aren't on the same network I had to put my Eth in binance, swap it for USDT, and then exchange the USDT for BNB, and since the BNB is on the same network as GMR I could swap using pancakeswap.

So it's kinda hard to do with tokens that aren't on the exchanges yet.


Yea it's extra clicking just googled the method. Wonder if it be a direct coin in the future. At this stage I don't really know much about it to really make an investment
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#83
May 8 2021 05:11pm
Quote (Thor123422 @ May 8 2021 06:04pm)
I am quite conflicted about this, but the advantage means sideways movement is upwards movement.


I’ve never really made enough off the extra tokens on a coin like this to make up for the 10% loss on selling.
Its to prevent ppl from pumping and dumping mostly. Pumps and dumps can completely destroy a low marketcap coin such as this
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#84
May 8 2021 05:12pm
Quote (addone @ May 8 2021 06:07pm)
Yea it's extra clicking just googled the method. Wonder if it be a direct coin in the future. At this stage I don't really know much about it to really make an investment


Toss a few hundred if you have it. If you aren't comfortable losing a few hundred, do nothing.
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#85
May 8 2021 05:29pm
Did anyone else buy bonfire when I posted about it ~3 weeks ago? Lmk!
My 100$ investment 3 weeks ago is now just hit 100,000$ Today

Be cool of this coin does something similar

This post was edited by KRR on May 8 2021 05:31pm
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#86
May 8 2021 07:43pm
Quote (KRR @ May 8 2021 06:29pm)
Did anyone else buy bonfire when I posted about it ~3 weeks ago? Lmk!
My 100$ investment 3 weeks ago is now just hit 100,000$ Today

Be cool of this coin does something similar


I wish I had taken the time lol

If my 300 investment goes to 300k it would be a life changing amount of money. I don't expect that, but I can dream.
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#87
May 8 2021 07:47pm
Quote (KRR @ 8 May 2021 18:53)
Whenever someone sells or buys 5% goes to the holders.
So by holding you get more tokens any time someone sells or buys
The downside is when you buy you lose 10% of your input
When you sell you lose 10% of your earnings

theres a way around it on the buy side. pm’d
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#88
May 8 2021 07:49pm
Quote (excellence @ May 8 2021 09:47pm)
theres a way around it on the buy side. pm’d


Are you talking about the 0.1% slippage method or something else entirely?
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#89
May 8 2021 07:52pm
Welp I've tripled my investment. It's fun winning for once lol
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#90
May 8 2021 07:54pm
Quote (excellence @ May 8 2021 08:47pm)
theres a way around it on the buy side. pm’d


You've inspired me with your HODL example. I will HODL this until it pays for my retirement.
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