Total capitulation – Safemoon is now dead.
On one hand, I lament the obvious negative sentiment these new investors now have towards the Crypto industry. They were led down the path of hopes, ambitions and overnight riches and now they're left with millions or billions of virtually worthless tokens.
In one day, against the context of a surging Crypto Market, Safemoon stands alone in a sea of green as the sole red Crypto. In one day, the price has collapsed 36% – 22% in the last hour alone.
This stands as a sombre warning, which will be routinely ignored by the next wave of manic investors looking for an overnight 16,000%
And yet, on their subreddit, a queue is forming to dump yet more BNB and help the whales exit at a higher price. It's sickening.
So on the other hand, I don't feel bad for pointing it out. I don't feel bad for the "I told you so". And I don't feel bad for the schadenfreude I am experiencing.
Myself and many other Crypto enthusiasts gave repeated, genuine and compassionate advice on the huge red flags, which were routinely ignored or thrown back in our faces.
Safemoon investors – you made your bed, lie in it.
submitted by /u/TNGSystems
[link] [comments]