Topic: Thoughts on SafeMoon? - page 9. (Read 3663 times)
If found any shit coin and have platform BSC better entry on the early launching and see under 100 wallet holder, I think is safety than you entry on shit coin like safemoon but have many holder, this very risk when coin have many holders because when you entry maybe some one try to sell their coin, how ever at the early entry they got cheapest price.
A friend who never knew anything about crypto and doesn't want to learn anything about crypto message me days back to invest on safemoon, I was like WTF? Since when? Now you want to lecture me about crypto? Lol 🤣😆🤣 safemoon looks like pump and dump to me but you can still get away with good ROI if you know what you are doing
That is true, I mean if that happened to me I was shrug it off but of course in a polite way. I am surprised that there are so many social media researchers that became "experts" in cryptocurrency just by making themselves go all over social media. They try to convince people that they know many things and they even create groups that would convince people to invest in this or that. I mean they don't even bother to promote any old school bitcoin forums like ours. Strange really what is happening in this world nowadays.
I heard about this project or new coin recently and this is very hype. Will every coin that has more hype be competed? If it is about the competition, it will never think about it. So far, we know that Safemoon is very popular, many new public figures are attracted to the projects. But I am also wondering that likely the others, we don't know whether the coin can really help and also survive in the market? ANd about the coin that you have, there may be another answer about thisn
I bought it as a guilty pleasure and sold it in less than 24 hours to make something like a %50 profit. I know this was a stupid ponzi game and I accepted it. I just wanted to try it. I didn't think of it as an investment but more like a gamble, I feel bad about people who bought at the top but they should know the consequences. It may go up again but I wouldn't advise you to buy, there are better alternatives to gamble with your money.
Safemoon has created quite some buzz on the internet, and honestly I still have no idea why it's all over the news, but if you are thinking of investing in it, I would advice you do a proper research before buying this coin, just because it's popular lately doesn't make it a safe investment, rugpull from new projects like this can happen at any time, make sure you have a good reason for buying it and don't forget to invest money you can only afford to lose, don't go all in nothing is certain.
I've pretty much missed out on the massive gains that people who bought safemoon and other safe* tokens have experienced but I have decided not to chase it. Since I didn't get to know of it earlier, I wouldn't fomo and then go ahead to buy the top. Instead, I'll go in search of other tokens that could blow up in the near future as far the bull run continues. A little piece of advice; while chasing insane gains on those ponzi tokens, it would be a lot safer to invest only funds that we're comfortable to lose because at the end of the day, these tokens are all shitcoins.
Even I was asked by one of my group members to buy it but I thought it is a bubble only and may burst very soon, it is here for temporary profits only and that is why I suggested 'gambling' on it with only $1 or $3 so to not lose a big investment in the greed of buying a shitcoin. All the safe* tokens did well but their dumps will be worth watching that will end up so many investments buried in the grave.
You're right.. Investments like this should be made with very few funds so that there would be no regrets incase things go sideways. I'm personally looking to get my hands on some smart chain bnb this week which I would use to participate in some of this projects so I would see how it goes. These are just trial and error projects. There's no telling which of them would survive when the market direction changes and downtrend starts. They would take the biggest hits. My friends call them "ponzi" tokens given their nature of being pumped massively or dumped aggressively.
I've pretty much missed out on the massive gains that people who bought safemoon and other safe* tokens have experienced but I have decided not to chase it. Since I didn't get to know of it earlier, I wouldn't fomo and then go ahead to buy the top. Instead, I'll go in search of other tokens that could blow up in the near future as far the bull run continues. A little piece of advice; while chasing insane gains on those ponzi tokens, it would be a lot safer to invest only funds that we're comfortable to lose because at the end of the day, these tokens are all shitcoins.
Even I was asked by one of my group members to buy it but I thought it is a bubble only and may burst very soon, it is here for temporary profits only and that is why I suggested 'gambling' on it with only $1 or $3 so to not lose a big investment in the greed of buying a shitcoin. All the safe* tokens did well but their dumps will be worth watching that will end up so many investments buried in the grave.
Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?
I've pretty much missed out on the massive gains that people who bought safemoon and other safe* tokens have experienced but I have decided not to chase it. Since I didn't get to know of it earlier, I wouldn't fomo and then go ahead to buy the top. Instead, I'll go in search of other tokens that could blow up in the near future as far the bull run continues. A little piece of advice; while chasing insane gains on those ponzi tokens, it would be a lot safer to invest only funds that we're comfortable to lose because at the end of the day, these tokens are all shitcoins.
I been seeing all over fb group and the internet. I bought in at bitmart but u cant withdraw without uploading selfies. I had money in the account a few years ago.. that never did verify..I got in $300. Hoping it can go to the moon from here. Maybe 3 yrs. I'll try not to sell even if 80% lost..
expect to lose 80% in an investment Is something that nobody in this world would recommend. money is something precious and in an investment profit should be the main objective, if you feel that the price is falling too much then run to sell, there are altcoins that were very good that today have attracted little attention and their price is very low compared to at the price of the past, the only luck that such altcoins I am talking about was because the price of bitcoin increased a lot in relation to the American dollar
Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?
I have to say it is either going to be one of the biggest there is in the defi world, or it is going to crash so hard that nobody will believe it. Think about it, right now they have nearly 400k followers on twitter and over 100k on their telegram channel, that is not a normal number and most projects that become big do not have half of what they have, pancake is one of the biggest defi out there along with uni and neither of them had this much hype, it wasn't nearly there, which means this project is starting stronger than anything we have ever seen.What is the issue then? Well in crypto world, people are worried about these things, they are not ready for something like this, we have seen a lot of bad stuff happen, we have seen a lot of crash on prices, it is never as easy as "buy the thing everyone likes" and just get rich, which is why people are skeptical about this situation.
is it not possible that these numbers of members are bot or fakes just to deceive people? because it seems to me a very exaggerated number, they have been on twitter since 21 February and does that mean that in 2 months they get $400,000 followers? It's very weird
What is the issue then? Well in crypto world, people are worried about these things, they are not ready for something like this, we have seen a lot of bad stuff happen, we have seen a lot of crash on prices, it is never as easy as "buy the thing everyone likes" and just get rich, which is why people are skeptical about this situation.
Skeptical? Do you know what is the max supply of this token? It is 1015 which means a quadrillion tokens are there. How can a wise trader invest on any project like this? Such projects are running only on the greed factor of traders trading it, the more the greed the more money it will bring into it and that is how the price went to $0.000016 and came down to $0.000003 and right now, the price is $0.000004933. A wise trader would place a bet of not more than $1 or $3 maximum so even if loss occurs, the trader will not regret for the small amount invested.
Well, any investments in this industry requires risk all the time and the best to really prove about safemoon is to thoroughly research not just listen to hype on twitter. People who bought this also shilling all over social media to get more people to buy it because of hype and fomo. I think safemoon is only for short term and always exercise taking profit all the time because anytime it could go down side with these type of coin.
Investing should not be in a hurry, we must have to think twice, thrice before to have a final decision. And choosing a project that seems full of doubts and questionable credibility is likely we are pushing ourselves for possible losses. For me, safemoon is not safe. I usually don't invest in a project that is already in hypes because we probably know what is the reason and we don't have to reach that point before we realize that we are wrong and we trick by the people who are promoting this on social media.
If you are in a safe side best not to invest with this kind of project, but if you have that big nerve taking the risk. With so many hypes that dealing with this coin you can take the short ride and bag some decent profits.
It's up to how you can manage your investment, most of the time traders who buy the hypes do manage to get something out from the project though the risk is really high.
Will need a deeper analysis before jumping to conclusions.
Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?
I have to say it is either going to be one of the biggest there is in the defi world, or it is going to crash so hard that nobody will believe it. Think about it, right now they have nearly 400k followers on twitter and over 100k on their telegram channel, that is not a normal number and most projects that become big do not have half of what they have, pancake is one of the biggest defi out there along with uni and neither of them had this much hype, it wasn't nearly there, which means this project is starting stronger than anything we have ever seen.What is the issue then? Well in crypto world, people are worried about these things, they are not ready for something like this, we have seen a lot of bad stuff happen, we have seen a lot of crash on prices, it is never as easy as "buy the thing everyone likes" and just get rich, which is why people are skeptical about this situation.
It's huge on Reddit too. Which was what drove Dogecoin on for many years.
Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?
I have to say it is either going to be one of the biggest there is in the defi world, or it is going to crash so hard that nobody will believe it. Think about it, right now they have nearly 400k followers on twitter and over 100k on their telegram channel, that is not a normal number and most projects that become big do not have half of what they have, pancake is one of the biggest defi out there along with uni and neither of them had this much hype, it wasn't nearly there, which means this project is starting stronger than anything we have ever seen.What is the issue then? Well in crypto world, people are worried about these things, they are not ready for something like this, we have seen a lot of bad stuff happen, we have seen a lot of crash on prices, it is never as easy as "buy the thing everyone likes" and just get rich, which is why people are skeptical about this situation.
“SafeMoon is the Freedom of the unbanked” - CEO John Karony
Not good way for long term investing on this coin, better you get take profit after raise profit and never try to hold long time, I see many new coin have the same name safeearth, safegalaxy and many other coin name with "safe". I think that mean is not safety for this coin, if you want to hold long time just get risk with lower price later.
has risen as high as 13000% of ATL, and decreased as much as 44% of ATH, I think this coin is still at its peak so it will be too risky if you enter now, but if the whale moves it might be able to go up drastically to reach a new ath, but if Judging from the normal chart, Safemoon should be still in the process of correction and still going down
Well, any investments in this industry requires risk all the time and the best to really prove about safemoon is to thoroughly research not just listen to hype on twitter. People who bought this also shilling all over social media to get more people to buy it because of hype and fomo. I think safemoon is only for short term and always exercise taking profit all the time because anytime it could go down side with these type of coin.
Investing should not be in a hurry, we must have to think twice, thrice before to have a final decision. And choosing a project that seems full of doubts and questionable credibility is likely we are pushing ourselves for possible losses. For me, safemoon is not safe. I usually don't invest in a project that is already in hypes because we probably know what is the reason and we don't have to reach that point before we realize that we are wrong and we trick by the people who are promoting this on social media.
Investing in SafeMoon is like a gamble. Now everyone is speaking about it but only pumps the price so the coin will depend of hype around it. I rather invest in project that will bring something good to the world.
It's the same as gambling. You are entering when the price already pumped so high and there will be a chance for the price to go even higher than your buy rate but remember that this is a garbage coin without a strong fundamental. The developers will able to dumping all of their coins to the market instantly. People are blindly buying safemoon caused by FOMO and they didn't even care about what kind of product that will developed by this one.
This is another copycat platform.
Investing in SafeMoon is like a gamble. Now everyone is speaking about it but only pumps the price so the coin will depend of hype around it. I rather invest in project that will bring something good to the world.
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