Crypto gains tax

Based on our Safemoon price prediction, it is not a good time for a short-term investment, but Safemoon could be a less volatile and less risky asset in the long term. Read our SafeMoon price prediction for the long term, so you can buy Safemoon in line with your investment goals. François said he was one of the first in the crypto community to warn against Bitconnect, a cryptocurrency pyramid scheme that surged in value during the last bull run in 2017 before eventually collapsing in January 2018. Safemoon can be purchased on PancakeSwap and is in fact a token that is based on the Binance Smart Chain. Safemoon crypto recently began to spike in price after the developers announced a new cryptocurrency wallet. The Safemoon digital currency wallet is coming jewel crypto soon and the project has been heavily advertising it. With this extra string in its bow, many are rushing to invest in the native Safemoon altcoin.