Who Didn't See That SafeMoon Crash From A Mile Away?
Ok, guys. Who honestly thought SafeMoon was a good investment? It has lost about 2/3 of its value from the high last month and I believe it could even lower as whales continue to sell out.
Remember, this thing is still up from when it started so if you got in around April, you're still up. For how much longer, i'm not sure.
I'm actually impressed that there are 267 thousand subscribers on reddit. That's a pretty large following for such a crappy coin. Now, for folks saying that it will go to $1 day, I find it hard to imagine such a situation given that there are a trillion coins.
A trillion coins at a dollar each would make it worth more than what Bitcoin is today. This is my personal opinion and you think about it, but the folks telling you to buy and hold are probably the ones selling out and hoping for a greater fool to buy their bags. It was the same thing with Enron back in the day.
I talked about this with some people. Feels more like people gamble and hope it will payoff instead of believing in stuff
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In that respect, crypto hasn't matured and can feel a bit like the wild west. Exciting times.
Definitely saw it from a mile away. But normies like to buy dumb coins.
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For sure. Everyone hoping to get in on the next Doge early.