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Topic: Your opinion on SafePal project and Token future (Read 260 times)

member
Activity: 221
Merit: 10
February 16, 2021, 08:25:38 AM
#27
I believe this market will undergo a correction. If you have been in this market even before 2017, you should also know how to market experience moves. The market is currently at its peak but won't erase any future corrections. Bears will definitely come, but not now. therefore always be prepared for this possibility. Not only elon musk but this time crypto started to evolve to be even mature than before.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
Safepal is unique coin because they not only selling coin but also have real product for saving your coin on hard ware wallet, any project not have real product and not guarantee for how long their coin could be exist but very different with safepal because the only coin have real product by their self, they have good planning for making real product first time before coin listing for the public investor.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Their product is quite good but honestly if I were given a choice I'd still go for a long established hardware wallet that's already tested by many people such as trezor ( I own this at the moment to be honest). Not to mention the hardware wallet has button that doesn't sit well with me for saving crypto for a long time. Talking about their token, If you have used binance for a long time and see the pattern of a new coin that got listed in there, you can figure out what's gonna be happening.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
It's good to hodl some but you must not also never buy this token at peak price.
I have observed the SFP product and it seems like it's not working so well. It's quite difficult to sign in to your account even when you are combining the same phrase with a password but a different address will appear.
It seems like the product is not fully worked too. You can still do the swing trade. I have been reading the future roadmap and it's very well planned.
This one is still worth to be used as a long term bet.
copper member
Activity: 1428
Merit: 253
SFP hugely hyped up because of its airdrop if I'm not mistaken and the fact that it got listed on binance instantly pump their market but honestly it's just like any other wallet out there except its got its own token (other wallet also created their own token though) and I think the pumping will end very soon like how new listed coin usually behave in binance. Expecting to see a sell out from people who've been bagholding though thats just my opinion.
I guess it's just hype that has happened because of the impact of the binance exchange. afterward, like most new projects that will adapt to the market. correction is inevitable and inevitable. but looking at a new project that can survive in Binance at a stable price will of course have a lot of rivals. take a look at some of the binance IEO projects, you will see how most of the token prices dump quite badly after the pump.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
SFP hugely hyped up because of its airdrop if I'm not mistaken and the fact that it got listed on binance instantly pump their market but honestly it's just like any other wallet out there except its got its own token (other wallet also created their own token though) and I think the pumping will end very soon like how new listed coin usually behave in binance. Expecting to see a sell out from people who've been bagholding though thats just my opinion.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
Its just a token from a brand new wallet, but the interesting part its they can listed on Binance so fast...
Im not sure they have any fundamental good instead of a soft-wallet and hard-wallet technology.
With the real product developed by Safepal, at least this can be a benchmark for other projects that do issue the same product, namely hardware wallets and we can check the prices of their products which even have quite cheap prices but the quality is comparable to other companies' products which are quite expensive the price, of course, with the development of a product like this will further strengthen the company so that it will greatly affect the increase in SFP prices in the market later.
Safepal have real product hard ware wallet but is not guarantee how to make coins could be pump, after success launch and listing on Binance for the first time is good price up and down, but now SFP look less dominance by investor with stable price. Maybe have any investor move to other coin because safepal keep the same price almost three days and not enough good for trader to get profit every time.
sr. member
Activity: 1386
Merit: 250
1XBit.com
Its just a token from a brand new wallet, but the interesting part its they can listed on Binance so fast...
Im not sure they have any fundamental good instead of a soft-wallet and hard-wallet technology.
With the real product developed by Safepal, at least this can be a benchmark for other projects that do issue the same product, namely hardware wallets and we can check the prices of their products which even have quite cheap prices but the quality is comparable to other companies' products which are quite expensive the price, of course, with the development of a product like this will further strengthen the company so that it will greatly affect the increase in SFP prices in the market later.
full member
Activity: 756
Merit: 231
What are you think about SafePal (SFP) token, which is recently listed and tradable on Binance and some other exchanges. It's price sudden surge and given an amazing profit to their holders. Is it good to hold it for some more time or this is the time to quit from the market?
SafePal (SFP) token was one of the best project of this 2021 IMO becasue it was too kind to users during it airdrop time. I was fortunate to have made some tokens during the airdrop and as today made me worthy some bulks into my wallet. I think that any cryptocurrency project Binance exchnage choose to list should be seen as an opportunity for anyone who get in quick, though at present the price still moving between $2.7 and maybe it can be hype to made $10 soon.
full member
Activity: 854
Merit: 103
It seems to me that SFP growth will continue. Usually, coins that start quickly on the Binance exchange quickly appear on other good exchanges. There is already news of SFP listing on Hotbit. The future of the coin and investors now depends on proper developer marketing.
hero member
Activity: 1820
Merit: 537
The price of SFP surged really fast once it was listed in Binance. The project was hyped since it was in Binance launchpad not to mention the amount of airdrop they had given away from their promotion. Now the price had dropped a few centsand had been running around $2.5 - $2.9.
member
Activity: 155
Merit: 13
Its just a token from a brand new wallet, but the interesting part its they can listed on Binance so fast...
Im not sure they have any fundamental good instead of a soft-wallet and hard-wallet technology.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
What are you think about SafePal (SFP) token, which is recently listed and tradable on Binance and some other exchanges. It's price sudden surge and given an amazing profit to their holders. Is it good to hold it for some more time or this is the time to quit from the market?

I'm not too conversant with Safepal project fundamentals but I did participate in the IEO and got some SFP tokens which I already sold when the price was between $1.5 - $2.5. I didn't hold much because my bag was a small one so I sold and took out profits. I was already up like 12x from IEO price. SFP is currently one of the most hyped projects in the space right now, I'm looking to re-enter and hold a much bigger bag. It's a solid project and what's more interesting is the fact that it's backed by Binance.
member
Activity: 1764
Merit: 10
I did not study this project very much, but their capabilities and technologies are not bad, also their cryptocurrency wallet is convenient and I already store some cryptocurrencies in this wallet and I think that this wallet will gradually improve and it will have more and more opportunities, and the price of SFP at the moment it seems to me still too small, so in the future SFP can easily reach 10$, and possibly even more, so I will follow this project closely, because I have invested in SFP.
copper member
Activity: 1400
Merit: 103
What are you think about SafePal (SFP) token, which is recently listed and tradable on Binance and some other exchanges. It's price sudden surge and given an amazing profit to their holders. Is it good to hold it for some more time or this is the time to quit from the market?
The wallet token other than SafePal (SFP) that I know of is Trustwallet (TWT). TWT when it was launched initially had a whopping price tag of $ 0.01 with a huge total supply, if I'm not mistaken, 9B. Currently the supply has been burned to 1B, the current TWT price is $ 0.7 (70x) from the initial price.

When compared to SFP, I think SFP is much better.
Why ?
1. Total supply is less.
2. Have a hardware wallet.

Currently the SFP is $ 2.6 (26x) from the Launchpad price, and it hasn't been a week trading.
From here I think you can conclude for yourself, what is the future of SFP.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
What are you think about SafePal (SFP) token, which is recently listed and tradable on Binance and some other exchanges. It's price sudden surge and given an amazing profit to their holders.
I have heard about this project through my friend's post on social media, and what is interesting is that it seems that this project has a pretty good future because it is listed on the big exchange Binance and also SFP on the BNB chain where transaction fees are very cheap unlike ETH.

Is it good to hold it for some more time or this is the time to quit from the market?

It really depends on your target and your strategy in investing or trading, in my opinion the price could still go up again maybe $ 6-10 if the developer really develops their project.
hero member
Activity: 2520
Merit: 952
The bullrun will not last forever and you should try to think to sell some of your coins to anticipate the bearish trend that might happen anytime. SFP is still getting hyped and look at the current price. It has been dropping from 35 cents to the 25 cents. I have sold my SFP at peak price and earn 300% from by initial buy rate.
That means if you should never hold this forever. Just buy again when the price was dipping.

If you don't mind sharing, on what peak price did you sell?
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
You should quite from the market when it reaches the peak price. Yesterday the price of SFP was around 35 cents and this time it's dropping. There's a possibility for the price to go down even deeper than the current rate.
Try to sell your SFP in the various rate to decrease the risk for your investment.

This one is good and listed on binance but that doesn't guarantee if the price pump will be last long. We have experienced with the pump that happened on binance so many times.
Try to take your opportunity and never try to miss it. My friends were getting trapped at peak price caused by he was too greedy.

This is still getting hyped and take the momentum.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
I am not really familiar with SafePal (SFP) token. But since it is listed on Binance, I am not so surprised if there is a big hype on this token lately. We must appreciate the team to list this token on Binance, it should take big funds for this. Only a serious project that wants to list the token on the number 1 exchange in the world. But to make sure about the potential of this project, we need to analyze deeply the whitepaper or the project roadmap first. We cannot determine the future from the current pump.

Do you not surprise with billion BNB holding to get this token? how come hype project with many investor try to buy this coin or you missing from airdrop reward, I think SFP is the best coin right now look with launchpad price only 0.1 but now success raise above 4.5$ last night. Check how many people missing because many participant joining with IEO but allocation for pre sale not really much, so just get few percent from IEO salling.
legendary
Activity: 2226
Merit: 1086
duelbits.com
I am not really familiar with SafePal (SFP) token. But since it is listed on Binance, I am not so surprised if there is a big hype on this token lately. We must appreciate the team to list this token on Binance, it should take big funds for this. Only a serious project that wants to list the token on the number 1 exchange in the world. But to make sure about the potential of this project, we need to analyze deeply the whitepaper or the project roadmap first. We cannot determine the future from the current pump.
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