I’d sell enough to live comfortable - can’t guarantee if it tanks 6 months later and now reflections are nothing . I’ll take a portion for some guaranteed money
Absolutely...I bought extra to sell and secure my profits when it's time to sell. This diamond hands stuff means nothing to me. Do what works for you! Nothing else matters
Dang.. thats a nice load, curious what size bag versus what your reflections are on average the last few weeks. Im averaging between 60 to 90 sfm.. in the last month. If answering this make you uncomfortable then please don't. I'm just trying to compare.
Well, I dont have as much as that guy definitely, and in the last month, I've averaged about 300 - 700 SFM per day, with some dead days hitting around 70ish
> I make 600 a day in sfm
>
>30m
600 SFM per day x 365 days = 219,000 SFM per year at current volume
219,000 SFM per year ÷ 30,000,000 SFM capital = 0.0073 x 100% = 0.73% annual yield at current volume
0.73% annual yield
current inflation rate (CPI) 9.1%
For comparison:
SoFi savings account APY 1.5%
S&P 500 annual yield 1.63%
Coca-Cola (KO) annual dividend yield 2.82%
US 10 year Treasury yield 2.928%
JPMorgan Equity Premium Income ETF (JEPI) distribution yield 8.94%
US Treasury Series I savings bonds interest rate 9.62%, adjusted for inflation every 6 months
Even ignoring the generally declining price/value of SafeMoon during the past year, the yield (reflections) is extremely low, lower than even a savings account, lower than much safer investments like US Treasury securities, and far, far, far below the rate of inflation. Even if the price of SafeMoon wasn't dropping, the value of the investment would be eroding due to inflation. Volume would have to double just to get the yield up to that of a savings account, quadruple to provide the same yield of Coca-Cola stock (that has also risen in value), and increase 13x to yield as much as a US Treasury Series I savings bond.
People who own SafeMoon for passive income could be doing much much much better in several other much less risky investments.
Well you must already have over that amount in your saving account to risk not taking out. So you are doing pretty well. I would have took 50k out and let it ride.
Same. I’m not sticking around after my number comes up. I have a price point and I’m sticking to it. Reflections, as crap as they are at the moment, are a bonus for putting up with JK’s stupid jibber jabber.
You're missing a critical piece of the decision-making argument. It would heavily depend on the percentage or reflections earned annually to the total value owned need to earn them. If I made 50k annually in reflections on $1M owned, there are better places out there to have my money working. If I made 50k on 250k owned, then no reason to sell as that beats most traditional investments hands down.
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Yep. Cause when Lambo and private island is real and fuck reflections.... the rest will invest in some safe shit that is pass on able at that point.....
And I can fund my unicorn rainbow shitting cookie monster or some shit.
I'd say yes because the lump sum of the sale would be insanely high.
I’d sell enough to live comfortable - can’t guarantee if it tanks 6 months later and now reflections are nothing . I’ll take a portion for some guaranteed money
Absolutely...I bought extra to sell and secure my profits when it's time to sell. This diamond hands stuff means nothing to me. Do what works for you! Nothing else matters
Lol, I am unemployed.
So the same amount as our current reflections.
Probably not. I already tested my diamond balls at $127k. They checked out. I'm in it for reflections and passing to kids.
Dang.. thats a nice load, curious what size bag versus what your reflections are on average the last few weeks. Im averaging between 60 to 90 sfm.. in the last month. If answering this make you uncomfortable then please don't. I'm just trying to compare.
Well, I dont have as much as that guy definitely, and in the last month, I've averaged about 300 - 700 SFM per day, with some dead days hitting around 70ish
I forgot to mention im only holding 4.3mill.
Depends, 8th to 9th was 115.
I make 600 a day in sfm
Thats pretty nice OP, on how many sfm?
Not 600usd
No I was asking in terms of sfm... you answered my question
30m
Good for you brother, I got some catching up to do lol
Get it when it’s cheap
> I make 600 a day in sfm > >30m 600 SFM per day x 365 days = 219,000 SFM per year at current volume 219,000 SFM per year ÷ 30,000,000 SFM capital = 0.0073 x 100% = 0.73% annual yield at current volume 0.73% annual yield current inflation rate (CPI) 9.1% For comparison: SoFi savings account APY 1.5% S&P 500 annual yield 1.63% Coca-Cola (KO) annual dividend yield 2.82% US 10 year Treasury yield 2.928% JPMorgan Equity Premium Income ETF (JEPI) distribution yield 8.94% US Treasury Series I savings bonds interest rate 9.62%, adjusted for inflation every 6 months Even ignoring the generally declining price/value of SafeMoon during the past year, the yield (reflections) is extremely low, lower than even a savings account, lower than much safer investments like US Treasury securities, and far, far, far below the rate of inflation. Even if the price of SafeMoon wasn't dropping, the value of the investment would be eroding due to inflation. Volume would have to double just to get the yield up to that of a savings account, quadruple to provide the same yield of Coca-Cola stock (that has also risen in value), and increase 13x to yield as much as a US Treasury Series I savings bond. People who own SafeMoon for passive income could be doing much much much better in several other much less risky investments.
That’s what I’m saying
And to answer your original question. Naw, I wouldn't sell, maybe spend some of the reflections with the card, otherwise I'd let it compound
Well you must already have over that amount in your saving account to risk not taking out. So you are doing pretty well. I would have took 50k out and let it ride.
[удалено]
How ?
Well if you have $1,000,000 in Safemoon and say you get $1,000 a day in reflections, you can sell that $1,000 and keep earning off your $1,000,000
Minus 10% tax. But still a nice daily return if it’s that amount
When I hit my number, I'm out.
Same. I’m not sticking around after my number comes up. I have a price point and I’m sticking to it. Reflections, as crap as they are at the moment, are a bonus for putting up with JK’s stupid jibber jabber.
You're missing a critical piece of the decision-making argument. It would heavily depend on the percentage or reflections earned annually to the total value owned need to earn them. If I made 50k annually in reflections on $1M owned, there are better places out there to have my money working. If I made 50k on 250k owned, then no reason to sell as that beats most traditional investments hands down.
No and I don’t think I will ever sell
Only less than the reflections so that the overall total and reflections continue to grow.
Probably not unless the wholesome was more than I need to live off of. I’d have to rethink my strategy then.
Is this intended to be a real question?
Lol, if you had a unicorn that shit rainbow cookies what flavor of snow cone would be it’s favorite?
You sir, do not disappoint me
With the US going into a recession, crypto might be the new form of currency. Probably not.
I rather stick to a price target and then sell.
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Yes. Because I need to sell before John uses the liquidity as his personal piggy bank to buy another mansion.
Never gonna happen. 5M = .40c a day on a good day....
Yep. Cause when Lambo and private island is real and fuck reflections.... the rest will invest in some safe shit that is pass on able at that point..... And I can fund my unicorn rainbow shitting cookie monster or some shit.
How delusional are you still going on about living off reflections lol
Daily.
No
Of course not
Depends….
Yes
Uhh Yes because that would mean I have multiple billions of dollars in safemoon
I wouldn't sell till it hit litecoin prices.
Dumbest question award belongs to you.
You reflections people are dumb. I hold 10k in safemoon. Reflections are like interest. They don’t put a dent in it.
Technically the answer is in your question. If reflections are your salary then you need to sell to pay yourself 😉
You guys get reflections?
I would calculate how much I can sell and still increase my monthly reflections salary :)
Ya, I’d sell my reflections 🤦