I bought 20b of some shitcoin using pancake swap.
1.5% slippage etc.
I did this about an hour ago.
I have only received 17,600,000,000 of the coin but when I initiated the transaction it said it would be 20bil coin minimum.
I'm also slowly receiving more coins but like 1,000 of them each minute.
What is going on? Any insight?
Thanks all!
I have NO idea how pancake swap itself works but sounds to me like you placed a buy order and not just one big purchase, i.e. the price of the coin is not consistently selling at the price you said you would pay so when it drops back to said price, your purchase is going through on however many coins are available at said price.
HOWEVER
I have no idea how pancake swap works, someone will come and correct me if I am wrong (I'm 80% sure I'm wrong)
What's the token name? It can be a liquidity pool limitation.
Does the token rebase at all or does any % of the transaction get burned when being sent?
Shitcoins usually have buy tax, sell tax which is the tokenomics they use to burn/reward tokens to holders.
post the contract adress so we can see clearly
(Nov 4, 2021 12:33 PM)Maskin Wrote: Shitcoins usually have buy tax, sell tax which is the tokenomics they use to burn/reward tokens to holders.
This is the correct answer to the question.
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Nov 4, 2021 03:02 PM
(This post was last modified: Nov 4, 2021 03:03 PM by Reason.)
QUACK --> RichQuack
It said the minimum buy for the order was 20 bil. I used a 1.5% slippage.
What is weird is that I am slowly getting more and more. Just very slow.
(Nov 4, 2021 12:23 PM)pubgmobilecheat Wrote: What's the token name? It can be a liquidity pool limitation.
(Nov 4, 2021 12:32 PM)SUI-3183372 Wrote: Does the token rebase at all or does any % of the transaction get burned when being sent?
(Nov 4, 2021 12:33 PM)Maskin Wrote: Shitcoins usually have buy tax, sell tax which is the tokenomics they use to burn/reward tokens to holders.
(Nov 4, 2021 12:55 PM)SIM-3336514 Wrote: post the contract adress so we can see clearly
(Nov 4, 2021 01:15 PM)Itachi Uchiha Wrote: This is the correct answer to the question.
It's okay. It's a tax of 12% but pancake swap let you trade with smaller slippage even tho contract did it's tax collection/redistribution.
You will receive 4% to through reflections so your token number will increase with each buy or sell.
Quote:12% TRANSACTION FEE
4% Holder Rewards, 4% Auto Liquidity, 2% Quack PUMP & Burn Wallet, 2% Marketing & Dev Wallet
(Nov 4, 2021 12:55 PM)SIM-3336514 Wrote: post the contract adress so we can see clearly
(Nov 4, 2021 03:31 PM)pubgmobilecheat Wrote: It's okay. It's a tax of 12% but pancake swap let you trade with smaller slippage even tho contract did it's tax collection/redistribution.
You will receive 4% to through reflections so your token number will increase with each buy or sell. Thanks for the response I am learning. Not sure if I am making good investments. Just figuring it's a gamble no matter what. Not going to put more in then I am willing to lose.
You made an investment. Take profit at 2-4x if you get there and invest again if you feel like. Don't wait for the dump because this coin is already at 120x. Millionaires are not dumping yet, they are being greedy.
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