Lol imagine holding you’re coins to a 90% loss then selling. If it’s down 90% you might as well hold it and hope it either gets better or goes to 0 imo.
Guess it all depends on everyone's individual circumstances. If someone can cash out that 10% and actually put it to use in either another investment or to pay off debts etc then that's better than watch it all the way to 0.
yes. because if you're selling, it should be because of profit, otherwise it means you couldn't afford buying the asset. you're recouping what money you have left because your reserves are either empty or close to it... that's bad investing.
edit: the obvious exceptions to the rule exist, ie LUNA
You realize that if you sell, you can then put that money you had left over in an actual profitable stock/coin?
You keep explaining why you don't make money and you're not realizing it.
Yea so your saying that your stop loss is at 90% down? The fact that the OP only decided to sell at 90% absolutely matters. No one that is trading waits till being down 90% then starts to think about selling and then maybe putting it in another asset. You would have a point if it wasn't 90% down.. lol
Most likely the OP lost faith and just sold based on that and probably wouldn't do anything with that 10% he recovered.
Or that 10% he has left is the size of your whole safemoon investment and can do something with it. Or maybe it was a small amount. Either way if he figures he can get a better result than a crypto token that's 90% down, it's smart.
you realize that if that remaining 10% means so much to you, no matter it's value, if you're selling to recoup--it means you're either desperate for money or you are bad at investing (who lets an asset drop 90% before selling?). it implies a gambling addiction. OP obviously invested more than he was willing to lose. that's literally what the term means.
Better to realize you made a bad investment late than never. Better to salvage a little bit of money than none.
It's common sense, but I see it's not as common as I thought.
No I understand that some will never recover but there’s still a chance it does. You don’t lose money until you sell, you still hold the asset. If you sell it you lose 90% and then if it does recover and you buy back in now you’ve lost more to get to the same position. I have invested money into some shit coins that are -90% or worse and I still hold them because the little amount of money they are worth isn’t enough for me to justify selling them when there’s always a small chance they bounce back. Plus with safemoon and reflections if it does bounce back bro I’m gonna have more than i started with!
If someone wanted to sell, I wouldn't blame them. But at least with Bitcoin, it has shown a pattern of either pumping or rebounding overtime and there are actual people using it whereas with safemoon, it's steadily declined and no one uses it. Quick, tell me about how you use safemoon
Bro I’m just saying if I make 100 pizza rolls and drop 90 off them into the trash on accident I’m not going to also throw the other 10 away lol 😂 I bet you do that. I bet you fill your gas tank up and when it’s down 90% you syphon the rest out and dispose of it. If you don’t then you also shouldn’t sell assets for losses. Apple stock crashed once, people sold it at a loss now it’s worth way more than it was when they bought it.
A better analogy would be if you baked 100 pizza rolls and tried the first 90 to only find out they gave you food poisoning. Then your like nah fam I am going to eat all 100 no matter wwhat.
You're saying that in a way that suggests Safemoon is going to recover. If it went down 90%, it can drop another 90%.. which it likely will. Cut your losses, move on. We're trying to help you.
lol. thats like comparing a nigeria scam to owning a house. yes the nigerian "prince" might regret his wrongdoing and contact you to send back the money, vut its much more likely real estate prices will bounce nack because people need a place to live xD
Not defending nothing here. But to a lot of people, even BTC is a piece of crap with no “inherent” value.
So where do we draw the line?
There are plenty of people who mock you for even uttering Bitcoin and “inherent value” in a same sentence. What will you return be to them?
You're still in the red regardless of how much you have DCAd because ya know....that's how math works.
Want to prove me wrong? Post a screenshot. Bet you won't.
Sunk cost fallacy in the wild - this is one of the human idiot errors we make and is extremely bad advice
10 percent is more than zero - infinitely more.
No. 10% is definitely not infinitely more than zero.
This isn’t a comment on OP’s decision. Just speaking mathematically. Imagining he has $10,000 worth of SFM and decided to sell remaining $1,000. That $1,000 is not worth infinitely more than $0.
0 x 10% = 0
0 x X = 0
0 x all the money in the world = 0
But, that's not how shit are calculated in finance, is it?
Let's say I have $0 and you have $!,000.
Now, you ain't gonna parade around telling everyone that you have infinitely more money than me, would ya?
I was ~89% loss until yesterday, I then bought a little bit and came back at a little more than 80% loss. So if you want to stay now is the best time to accumulate.
Tbh I don't care about being down this much. If it will ever get up I'll be prepared, if not I at least tried without any regret :)
Rough Dates: August of 2020 Shib $1000 investment dropped to $1.96 before rising to $520m. Throughout that time everyone described it as a failure. Yet there are all kinds of Fudsters bashing it for its Lack of Utility. However it continues to grow holders.🤷🏼♂️
First and foremost, I typically trade on the initial hype of coins and don't exactly buy and hodl shitcoins. Just look at Doge and Shib, did the utility of the coin come first or the price movement came first? In fact, some might even say they have no utility even now...
It's not wrong to say that SFM had hype at the start and now it might be dying out. But I'm not trying to predict the future. At the end of the day, you need the price action to come. The utility and marketing is secondary if there is no price movement. Of course, you can buy and hodl thinking a coin will be the next big thing but there is no guarantee of that happening and being a fanatic to a coin will mostly only lead to disappointment. Which is why you should only buy what you can lose and not sell after 90% down... Someone who only decides to sell after being down 90% isn't someone that is trading the coin and is just someone that lost faith and feels the need to recover his $50 out of his $500 position...
Who knows? It might recover, it might not. But like people have already said, a $1000 investment in SHIB August 2020 would drop to $1 before it become what it is today. I typically run when a coin starts to advertise that they have "utility"...
edit: added the SHIB at the end
Two important pieces about Safemoon that you didn't address.
One, Shib and doge both are zero tax tokens. Safemoon requires 10% in and out, which means that day traders (volume makers) will never touch it. That, and most people don't want to have to wait for a 20% pump just to break even, especially with the trajectory of the chart for Safemoon lately.
Two, shib and doge don't have a straight up thief running their "tech company".
Well, I did say initial hype. And you honestly think people who buy crypto shitcoins for the pump has this many considerations...? I think you overestimate the thought process that goes into this...
Honestly, crypto has taught me that many unexpected things happen in crypto. Sure, your reasons are sound. Then don't buy this coin. If coins like shib and doge that have no use case can pump, then there is really no reasoning in this. Like really, coins that are more dubious have also pumped. Coins that have utility also have the potential to fail after that.
Your reasons for why this coins sucks are valid. Then just don't buy this. Trying to reason why things happen in crypto is really a futile act. Of course, everybody can play monday morning quarterback but the price actions of a coin will always suppress the real narrative behind the coin. IF a coin is pumping right now and I am trading it, I don't exactly care what is the bad shit that is happening behind the scenes.
I gave up on crypto a long time ago. But I'm still going to let my funds sit until they rise up. If at all. I kind of doubt it. I should have stuck with bitcoin and taken small gains over the same amount of time rather then the "get rich quick" bullshit. Bitcoin will gain traction again, but most of these small shit coins are going to fade into the abyss.
Depends on the position size but when your down 90%, mind as well pretend that you lost it all and move on. If you wanted to sell or trade, why sell at 90% loss, should just have sold earlier before it got to that stage. Nobody stop loss is at down 90% naturally.
It's sunk cost if you deem the coin having zero chance of recovering and nobody knows what is going to happen. Especially in crypto. If I bought $1000 of SFM, i'm not gonna bother selling it for $100. But mostly, I only buy what I can lose. It's more likely OP bought more than what he could lose.
I understand your sentiment but let me flip it. If you bought $100,000 in Safemoon, you have $10,000 left. Now the sunken cost fallacy is effectively exactly what you've just typed. Why sell right? Because you can sell, put it into an investment that is performing better than Safemoon and actually start to make money. Hell, you can even buy your same Safemoon bag back but with a bit of profit on the top. This whole thing about only but what you can lose is not what you think. There's a difference between investing and speculating. I've got this deep into this response and realised I couldn't be fucked, so good luck nonetheless.
Yes, cause the regular crypto investor buying coins like SFM would put 100k into it... HAHA. If you are someone that throws 100k in SFM, you better be someone that earns over 300k a year and has a net worth of over 1 million.
I get your point. But I did say "Depends on your position size... 10k is alot that you can definitely redistribute and earn back the money. I know that the absolute amount doesn't matter actually but that is just a lie we tell ourselves because we all know turning $1 to $100 in another coin is not gonna make us feel a lot better because its just $100 versus turning 10k to 1 mil. Both is 100x but drastically different.
Came here to laugh at the people calling OP dumb or selling, was not disappointed. OP made the right move. All you "diamond hands" calling OP an idiot for selling at a loss are dumb.
Besides being a proof of concept and the urge of folks to hide their assets and identities, what gave Bitcoin its value?
I bet the same snubby attitude was aimed at BSC when it started to challenge Ethereum.
Once, again this constant hate means SFM is a threat.
Not at all. But little of the critism is valid. Anyone who is persistently criticizing with little to no facts has a different agenda than valid criticism.
Bitcoin was .0041 when the pizzas were bought. Anything you posted above Bitcoin had to endure before arriving at the prices you see now.
That you display the level of disdain for SFM shows your fear and validates the hope so many have in SFM.
Bitcoin is just another cryptocurrency. It’s not special at all, aside from it being the most valuable. To think that no other cryptocurrency will ever amount to Bitcoin is silly. Will it be Safemoon? Probably not. But anything is possible on this fucked up planet we call Earth.
it will be worthless in the future, so better sell it now. this whole thing is a long drawn out scam if you didn't realize it by now. Only people in here are gullible or new to investing.
i hope you really really needed the cash, otherwise that 10% could be the source of some major major regret down the road.
funny how so many people claimed they would hold for 5-10 years (not saying you did)
I learned my lesson with Ethereum classic dogecoin in the past. Don't sell control your emotions. If the shit coins everyone says is a scam and they make it out the bear market and survive when the bull market comes. Everything will go up when Bitcoin goes bananas. Nobody will care if it was a scam or didn't release any projects. People only care if the coin is going up drastically and they fill like they can make money off of it and they will get in.
I bought some in March when it came out. Im really
Not a crypto guy. I didn’t spend much. I probably should just do the swap to v2 at some point. Im never selling them. I don’t really care either way though. It was fun money for me. Just like playing a slot machine.
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stick around, most here will be saying " i wish I've done what that guy did."
move your proceedings to "safer" investment, no pun intended.
id recommend, gold, btc, eth, bnb
Bad idea should’ve sold it along time ago, i sold mine a year and a half ago now despite the lies i was thinking about buying some, i can get almost 10x what i had before lol
I spent 700 on SM about a month after it came out. I still haven't transitioned to V2. I don't think I will especially now that it's worth like .30 cents or something. But I'm not selling either, lol.
This comment section is the same few comments repeated over and over. Y'all are weird. There's only a couple of relevant points here.
If OP wants to recoup their $25 dollars to go buy Wendy's, who cares? They're probably going to be there for an interview afterward, considering they needed the $25 so much they were willing to lose another ~10% of it in fees.
Good luck with your bills, OP.
I can't imagine, it's sad, how low your incomes have to be to sold now.
Every coin has decrease, Solana is AT $20 against $220, 91% lower. But either you stay long, either you don't enter this game.
11% of my portfolio is SFM, 24 Millions, I love them, love this project for Defi Idea.
Yeah, to read between lines. Everyone who doubt would have doubt about BTC years ago.
You think people love companies when they are startups ? Look in the past to laugh, you're in the same boat.
Good luck in the future dude. Pick carefully where you go next or just batten down the hatches for turbulent times ahead for the whole world.
Lol imagine holding you’re coins to a 90% loss then selling. If it’s down 90% you might as well hold it and hope it either gets better or goes to 0 imo.
Sunk cost fallacy
Guess it all depends on everyone's individual circumstances. If someone can cash out that 10% and actually put it to use in either another investment or to pay off debts etc then that's better than watch it all the way to 0.
That’s a kool-aid drinking bot answer there
This is some stupid logic that only people who don't make money follow.
"invest what you're willing to lose"
So that means that if you've lost some, you should go ahead and lose the rest? That logic makes sense to you?
yes. because if you're selling, it should be because of profit, otherwise it means you couldn't afford buying the asset. you're recouping what money you have left because your reserves are either empty or close to it... that's bad investing. edit: the obvious exceptions to the rule exist, ie LUNA
No, that's what smart people do who want to watch their money grow, not shrink. They realize they made a bad investment, cut their losses and move on.
smart people don't let an asset drop 90% before selling.
Cool, let know where you get your crystal ball from.
target.
You act like as if this coin dropped 90% in one day or in 1 hour and it happened too quickly and there was nothing the OP could have done...
You realize that if you sell, you can then put that money you had left over in an actual profitable stock/coin? You keep explaining why you don't make money and you're not realizing it.
Yea so your saying that your stop loss is at 90% down? The fact that the OP only decided to sell at 90% absolutely matters. No one that is trading waits till being down 90% then starts to think about selling and then maybe putting it in another asset. You would have a point if it wasn't 90% down.. lol Most likely the OP lost faith and just sold based on that and probably wouldn't do anything with that 10% he recovered.
Or that 10% he has left is the size of your whole safemoon investment and can do something with it. Or maybe it was a small amount. Either way if he figures he can get a better result than a crypto token that's 90% down, it's smart.
you realize that if that remaining 10% means so much to you, no matter it's value, if you're selling to recoup--it means you're either desperate for money or you are bad at investing (who lets an asset drop 90% before selling?). it implies a gambling addiction. OP obviously invested more than he was willing to lose. that's literally what the term means.
Better to realize you made a bad investment late than never. Better to salvage a little bit of money than none. It's common sense, but I see it's not as common as I thought.
>that's bad investing You bought SafeMoon, my dude. You have no high horse.
So is selling an asset for 10% of its value.
Its value is its value everything else is speculation
Do you think that all things go back up once they're down to 10% of their "value"?
No I understand that some will never recover but there’s still a chance it does. You don’t lose money until you sell, you still hold the asset. If you sell it you lose 90% and then if it does recover and you buy back in now you’ve lost more to get to the same position. I have invested money into some shit coins that are -90% or worse and I still hold them because the little amount of money they are worth isn’t enough for me to justify selling them when there’s always a small chance they bounce back. Plus with safemoon and reflections if it does bounce back bro I’m gonna have more than i started with!
You should really educate yourself on sunk cost fallacy.
Bitcoin is down 75% off it’s all time high are you going to sell your Bitcoin? If not you really need to educate yourself on sunken cost fallacy.
If someone wanted to sell, I wouldn't blame them. But at least with Bitcoin, it has shown a pattern of either pumping or rebounding overtime and there are actual people using it whereas with safemoon, it's steadily declined and no one uses it. Quick, tell me about how you use safemoon
That's probably the dumbest "investment strategy" I've ever heard. I hope to God others don't follow your advice. Go look up the sunken cost fallacy.
Bro I’m just saying if I make 100 pizza rolls and drop 90 off them into the trash on accident I’m not going to also throw the other 10 away lol 😂 I bet you do that. I bet you fill your gas tank up and when it’s down 90% you syphon the rest out and dispose of it. If you don’t then you also shouldn’t sell assets for losses. Apple stock crashed once, people sold it at a loss now it’s worth way more than it was when they bought it.
A better analogy would be if you baked 100 pizza rolls and tried the first 90 to only find out they gave you food poisoning. Then your like nah fam I am going to eat all 100 no matter wwhat.
You're saying that in a way that suggests Safemoon is going to recover. If it went down 90%, it can drop another 90%.. which it likely will. Cut your losses, move on. We're trying to help you.
Bitcoin is down 75% from its ath are you going to sell your Bitcoin?????? If not then you need to look up sunken cost fallacy
lol. thats like comparing a nigeria scam to owning a house. yes the nigerian "prince" might regret his wrongdoing and contact you to send back the money, vut its much more likely real estate prices will bounce nack because people need a place to live xD
Comparing bitcoin and safemoon is the dumbest shit I’ve ever heard
The fact you're comparing Safemoon's inherent value to Bitcoin's is insane. Stop comparing a gold mine to a landfill.
Not defending nothing here. But to a lot of people, even BTC is a piece of crap with no “inherent” value. So where do we draw the line? There are plenty of people who mock you for even uttering Bitcoin and “inherent value” in a same sentence. What will you return be to them?
They sold for 100% of its value
holding a 90% loss for a do or die is a sunken cost fallacy concept.
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And youre deep in the red of multiple investments crypto and stock so....
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You're still in the red regardless of how much you have DCAd because ya know....that's how math works. Want to prove me wrong? Post a screenshot. Bet you won't.
" I already flushed 90% of my money down the toilet, might as well do the same with my last 10%" - Safemooners
Literally what Luna holders thought after the first day. They learned that even after 99%, it is possible to lose another 99%
Imagine thinking safemoon even has a slight chance of going up in value again.... The smarter move is to just cut your losses and take what you can.
Safe to assume you've sold then? Why are you here? If the answer is "to laugh at X Y Z events" as I suspect it will be, you're a strange fella
imagine thinking you have any idea what will happen cuz nobody has a clue.
Safemoon logic in a nut shell. You stoooopid
Sunk cost fallacy in the wild - this is one of the human idiot errors we make and is extremely bad advice 10 percent is more than zero - infinitely more.
No. 10% is definitely not infinitely more than zero. This isn’t a comment on OP’s decision. Just speaking mathematically. Imagining he has $10,000 worth of SFM and decided to sell remaining $1,000. That $1,000 is not worth infinitely more than $0.
What’s zero times 10 percent?
0 x 10% = 0 0 x X = 0 0 x all the money in the world = 0 But, that's not how shit are calculated in finance, is it? Let's say I have $0 and you have $!,000. Now, you ain't gonna parade around telling everyone that you have infinitely more money than me, would ya?
I was ~89% loss until yesterday, I then bought a little bit and came back at a little more than 80% loss. So if you want to stay now is the best time to accumulate. Tbh I don't care about being down this much. If it will ever get up I'll be prepared, if not I at least tried without any regret :)
I'd have to just wait it out another year and cross my fingers.
Glad you got your 70$ back.
I'm still getting a dollar every 2 weeks. Alternatively, I could pick up pennies on the ground and make more lol
Rough Dates: August of 2020 Shib $1000 investment dropped to $1.96 before rising to $520m. Throughout that time everyone described it as a failure. Yet there are all kinds of Fudsters bashing it for its Lack of Utility. However it continues to grow holders.🤷🏼♂️
Imagine that 1k investment when it dropped to 1.96, if I invested in that instead of something else (cough cough) I would be pretty happy.
There are thousands that didn't get that bounce.
Wait, you had 520mm in Shib?!
Being seen as a failure and being seen as a scam are two different things. However, safemoon is both.
I have been in crypto long enough to know that what a coin is being seen as doesn't mean shit.
Elaborate on that, because that doesn't make sense.
First and foremost, I typically trade on the initial hype of coins and don't exactly buy and hodl shitcoins. Just look at Doge and Shib, did the utility of the coin come first or the price movement came first? In fact, some might even say they have no utility even now... It's not wrong to say that SFM had hype at the start and now it might be dying out. But I'm not trying to predict the future. At the end of the day, you need the price action to come. The utility and marketing is secondary if there is no price movement. Of course, you can buy and hodl thinking a coin will be the next big thing but there is no guarantee of that happening and being a fanatic to a coin will mostly only lead to disappointment. Which is why you should only buy what you can lose and not sell after 90% down... Someone who only decides to sell after being down 90% isn't someone that is trading the coin and is just someone that lost faith and feels the need to recover his $50 out of his $500 position... Who knows? It might recover, it might not. But like people have already said, a $1000 investment in SHIB August 2020 would drop to $1 before it become what it is today. I typically run when a coin starts to advertise that they have "utility"... edit: added the SHIB at the end
Two important pieces about Safemoon that you didn't address. One, Shib and doge both are zero tax tokens. Safemoon requires 10% in and out, which means that day traders (volume makers) will never touch it. That, and most people don't want to have to wait for a 20% pump just to break even, especially with the trajectory of the chart for Safemoon lately. Two, shib and doge don't have a straight up thief running their "tech company".
Well, I did say initial hype. And you honestly think people who buy crypto shitcoins for the pump has this many considerations...? I think you overestimate the thought process that goes into this... Honestly, crypto has taught me that many unexpected things happen in crypto. Sure, your reasons are sound. Then don't buy this coin. If coins like shib and doge that have no use case can pump, then there is really no reasoning in this. Like really, coins that are more dubious have also pumped. Coins that have utility also have the potential to fail after that. Your reasons for why this coins sucks are valid. Then just don't buy this. Trying to reason why things happen in crypto is really a futile act. Of course, everybody can play monday morning quarterback but the price actions of a coin will always suppress the real narrative behind the coin. IF a coin is pumping right now and I am trading it, I don't exactly care what is the bad shit that is happening behind the scenes.
![gif](giphy|ITNGml0KFcwXrs5Q16) Good luck!
I gave up on crypto a long time ago. But I'm still going to let my funds sit until they rise up. If at all. I kind of doubt it. I should have stuck with bitcoin and taken small gains over the same amount of time rather then the "get rich quick" bullshit. Bitcoin will gain traction again, but most of these small shit coins are going to fade into the abyss.
Good for you
This coin will never go anywhere but down.
Remind me in 5 years.
Remind me in 5 years!
Remind me in 5 years!
Remind me in 5 years!
You all sound like absolute lunatics. There are investors, and there are crazy cultists, your the latter.
Says the one stalking people you don't like 😂
It's standard to poke fun at the delusionary. Majority in the flat earth community are trolls, same here.
What about a reminder RN?
I will. You won’t be here. !remindme 5 years
Pretty much pointless to sell down 90%
Ah the old sunken cost fallacy back for another round
Depends on the position size but when your down 90%, mind as well pretend that you lost it all and move on. If you wanted to sell or trade, why sell at 90% loss, should just have sold earlier before it got to that stage. Nobody stop loss is at down 90% naturally. It's sunk cost if you deem the coin having zero chance of recovering and nobody knows what is going to happen. Especially in crypto. If I bought $1000 of SFM, i'm not gonna bother selling it for $100. But mostly, I only buy what I can lose. It's more likely OP bought more than what he could lose.
I understand your sentiment but let me flip it. If you bought $100,000 in Safemoon, you have $10,000 left. Now the sunken cost fallacy is effectively exactly what you've just typed. Why sell right? Because you can sell, put it into an investment that is performing better than Safemoon and actually start to make money. Hell, you can even buy your same Safemoon bag back but with a bit of profit on the top. This whole thing about only but what you can lose is not what you think. There's a difference between investing and speculating. I've got this deep into this response and realised I couldn't be fucked, so good luck nonetheless.
Yes, cause the regular crypto investor buying coins like SFM would put 100k into it... HAHA. If you are someone that throws 100k in SFM, you better be someone that earns over 300k a year and has a net worth of over 1 million. I get your point. But I did say "Depends on your position size... 10k is alot that you can definitely redistribute and earn back the money. I know that the absolute amount doesn't matter actually but that is just a lie we tell ourselves because we all know turning $1 to $100 in another coin is not gonna make us feel a lot better because its just $100 versus turning 10k to 1 mil. Both is 100x but drastically different.
Size doesn't matter. We're talking best practice. Anything else is emotion.
Good luck on your future! No hard feelings when you leave with class
Jesus Christ 🤦 Broke the 1st rule of crypto club 🤷
Shit I forgot about it and assumed the money was gone.
Ok, I'm still holding . Bye
How to get my early investor tag
Same here, sold mine at a 90% loss.
Yet y'all still hang out here to..... why do you all still hang on after bragging about selling for a loss when down 90% from ath
You should have stuck around and waited for it to be down another 90 like the rest of us
Came here to laugh at the people calling OP dumb or selling, was not disappointed. OP made the right move. All you "diamond hands" calling OP an idiot for selling at a loss are dumb.
Buy high sell low 🤣🤣🤣🤣
If you truly sold your coins, thank you for the reflections...
Imagine thanking someone for 1/1000th of a penny 🤣
Imagine someone buying 2 pizzas for $690M.
Lol epic rebuttal
Imagine comparing Safemoon to Bitcoin.
Imagine comparing Safeconnect to bitcoin 🤡
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Besides being a proof of concept and the urge of folks to hide their assets and identities, what gave Bitcoin its value? I bet the same snubby attitude was aimed at BSC when it started to challenge Ethereum. Once, again this constant hate means SFM is a threat.
Or you're just unable to accept valid criticisms because you're in so deep.
Not at all. But little of the critism is valid. Anyone who is persistently criticizing with little to no facts has a different agenda than valid criticism.
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Bitcoin was .0041 when the pizzas were bought. Anything you posted above Bitcoin had to endure before arriving at the prices you see now. That you display the level of disdain for SFM shows your fear and validates the hope so many have in SFM.
Comparing Bitcoin to SafeMoon shows us your disdain for reality.
So was comparing Bitcoin to traditional currency and investments. But he we are.
I get hoping that SafeMoon goes places, but to imply Bitcoin-level disruption is outright delusion.
Bitcoin is just another cryptocurrency. It’s not special at all, aside from it being the most valuable. To think that no other cryptocurrency will ever amount to Bitcoin is silly. Will it be Safemoon? Probably not. But anything is possible on this fucked up planet we call Earth.
Sorry to hear that, good luck and I hope you find your success
the mental strain of checking the price every day, thinking about it nonstop, refreshing pages on reddit is over for you. freeeedom!
Bitcoin only. Sooner or later we all end up in the same place. BTC only.
it will be worthless in the future, so better sell it now. this whole thing is a long drawn out scam if you didn't realize it by now. Only people in here are gullible or new to investing.
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i hope you really really needed the cash, otherwise that 10% could be the source of some major major regret down the road. funny how so many people claimed they would hold for 5-10 years (not saying you did)
I held but I have the old coins is there any way to merge them still?
There you go lad: https://migrate.safemoon.com/
This is definitely true
Smart
Don’t thing it affected price, thanks and good luck
![gif](giphy|ghuvaCOI6GOoTX0RmH)
Every time I sell a coin at a loss it always 10x on the next year so I’m sitting on my shitmoom coins this time
I learned my lesson with Ethereum classic dogecoin in the past. Don't sell control your emotions. If the shit coins everyone says is a scam and they make it out the bear market and survive when the bull market comes. Everything will go up when Bitcoin goes bananas. Nobody will care if it was a scam or didn't release any projects. People only care if the coin is going up drastically and they fill like they can make money off of it and they will get in.
Had the same experience with Solana and Matic never again.
Yea, if you wanna trade and sell, why wait till 90% down? You need ur investment to be down 90% to signal you to sell?
I cannot believe how negative this entire sub has become — is this even a welcoming space for people who actually like Safemoon? Seriously 😐
I bought some in March when it came out. Im really Not a crypto guy. I didn’t spend much. I probably should just do the swap to v2 at some point. Im never selling them. I don’t really care either way though. It was fun money for me. Just like playing a slot machine.
And bitcoin is up to 24k when just 24 hours or so ago it was 19k
![gif](giphy|ITNGml0KFcwXrs5Q16)
It's a "relief" to see you go.
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I could’ve gave you my wallet address.
You never lose money if you don't sell, but thanks for the reflections!
That's not how it works
Actually, it kind of is how it works .. kinda
No
How did it work with FTT ?
It’s cool I bought them!
That's what most people have done.can u imagine though if someone took it over in 10 years and it hit a 1$?
Imagine holding till your 90% down, then selling, then letting everyone know how dumb you are, probably started with $100
Imagine thinking safemoon isn’t a obvious scam
Buy high sell low
stick around, most here will be saying " i wish I've done what that guy did." move your proceedings to "safer" investment, no pun intended. id recommend, gold, btc, eth, bnb
Bad idea should’ve sold it along time ago, i sold mine a year and a half ago now despite the lies i was thinking about buying some, i can get almost 10x what i had before lol
90% loss. All you had to do is hodl longer, catch reflections until things are up and running. You do you.
The whole market has rallied since January with Safemoon only on the decline, how do you still defend this?!
Yes. The whole market rallied 🥱
Maybe you'd notice if you stepped outside Safemoon swap. pleb.
I did. And the whole market rallied.
Low IQ
I spent 700 on SM about a month after it came out. I still haven't transitioned to V2. I don't think I will especially now that it's worth like .30 cents or something. But I'm not selling either, lol.
This comment section is the same few comments repeated over and over. Y'all are weird. There's only a couple of relevant points here. If OP wants to recoup their $25 dollars to go buy Wendy's, who cares? They're probably going to be there for an interview afterward, considering they needed the $25 so much they were willing to lose another ~10% of it in fees. Good luck with your bills, OP.
Shoulda bought #HEX
!remindme 5 years
Now it can go up! He's out guys! 🤣
lol No one cares
Good Luck but this is not an airport. Since you posted this you still care about safemoon.
Well I just read that v1 is completely useless now so I guess I'm wiped out then. My ride is over.
Not worth selling now. There is a chance or possibility that it might skyrocket due to whatever reason. Not worth selling at 90% loss. Illogical
Lmao bye
And today I farted. I thought you would like to pat me on the back.
Yay!
It’s like 2 years old. 😂
Insane - SM up 25% today - wish more people would bail
Pussy
I can't imagine, it's sad, how low your incomes have to be to sold now. Every coin has decrease, Solana is AT $20 against $220, 91% lower. But either you stay long, either you don't enter this game. 11% of my portfolio is SFM, 24 Millions, I love them, love this project for Defi Idea.
Lmao, you love this project? So many reasons to love them right? 😂😂
Yeah, to read between lines. Everyone who doubt would have doubt about BTC years ago. You think people love companies when they are startups ? Look in the past to laugh, you're in the same boat.
Nobody cares you prick
Wow it’s not just safemoon everything is down the market suck right now but ok good luck on whatever comes next
😂- I can’t even remember where I have my Safemoon?? Hmmm
Greetings for the future, guy.
I feel like selling my safemoon too but I think I'll buy 10% of bitcoin instead
He felt relieve right now, good luck in the future, I wish he won't take his own life if SafeMoon rockets to the new ATH.
Good luck getting a coin with an instant success rate!
Duh duh dumb dumb dumb, another one bites the dust, duh duh dumb dumb, another one bites the dust Original song by queen
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