I've been watching this coin for a while and waiting for the perfect time to make a purchase. Well things are never prefect in crypto world, but yesterday a good enough opportunity presented itself.
You probably know the crypto markets are coming back to life over the last few days and luckily SMARTCASH was a little slower to wake it. Despite gains in everything else it was still pretty flat. So yesterday I sold a few coins that had some modest gains and moved 1 ETH into SMARTCASH at 0.000453ETH each or $0.40 for a grand total of 2100SMART. Last month they had quite the exciting run up to over $2 and I've read a lot of positive talk about the future.
They offer smart rewards for any holding over 1000SMART and you can create a SMART node if you hold over 10 000SMART. Currently the rewards are around 5% and 10% monthly, but this is expected to slowly decrease over time.
Both these rewards require that you 'lock in' or hold your coins. For the rewards they take a snapshot on the 25th of every month and if you coins are still held in your wallet the 25th of next month you will receive your rewards. I really like the way it is done and I feel it will really limit the trading volume and supply which should in turn increase the price.
They have a handy calculator HERE and it's calculated I will receive 109.20 Smart next month. I think that's pretty damn good!
I also expect that as we get closer to the 25th, we will the price continue to rise as more people try to hold more coins before the snapshoot, I expect after it's taken some people will be satisfied with the rewards and wish to sell some smart. I can't guarantee that this is going to happen and it's only my best guess. I think it could present some great buying and selling opportunities as well, if you didn't want to hold for the entire month.
I do hope to pick up a few more SMART before the end of the month and even considering selling a bit of steem. I'd really like to try to get a smart node up and running in the next 2-3 months so I think I'll be buying into this heavily.
The SMARTCASH team is also active here on steemit 
If you have any extra SMART and feeling generous you can send any tips here.
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