Discussion in 'Digital Currencies' started by STKR, Apr 18, 2021.
$4 Billion market cap
what is the exit strategy? dump while there is still liquidity?
I'm exiting once I hit a specific time frame, not price wise
once news.com.au start reporting on it the top must be close https://www.news.com.au/finance/mon...y/news-story/ca1a59bfb93138c7a7ba747ce3da1287
ive been in some dodgy defi earning 10,000% and this one is making me nervous.
True, but I think when it hits mainstream media, people may buy in further. I wouldn't say it's at the top yet, this sort of thing seems to have its own positive feedback loop. I'm going to hold for a bit yet.
On that note, if there's a second article I might cash in lol
We had a 30-40% flash crash last night. It's since regained momentum and is looking to test the highs again.
I think we find out what exchanges SafeMoon will be listed on tonight. I think the market is waiting for the news and we're seeing a slight consolidation.
I already sold out because I saw people were cashing in by the billions and hundred millions. Didn't quite get a 4x but got a decent 3x
Realised profits are always better than imaginary profits. Good effort.
Did you previously consider buying SafeMoon, or did this thread dangle the carrot? I think I'm just going to hold mine for a decent period. I also bought some ElonGate to pump and dump. I actually see SafeMoon becoming more of a mainstream token in the coming months.
If SafeMoon gets listed on one of the major exchanges, I think we can expect a decent hike in the price. If they don't, then I think that may actually be better for SafeMoon in the short-term, as most speculators know that when they do, we'll see some price action.
SafeMoon claim to be hitting 1 million holders within the next 12 hours, assuming they haven't already.
I'm holding almost a billion tokens. With 1 Million holders, if they all held a billion SafeMoon - that's 1 Quadrillion tokens right there.
With 500T+ tokens in circulation, each holder could only hold an average of 500 Million SafeMoon tokens - which is about $700 worth when I bought in. When it's broken down in that way, the 500T tokens in circulation doesn't seem that much.
This is obviously a massive gamble to me and I see it as a game of "Bag of shit holding" musical chairs. It's nice to dream though.
Lol, second news.com.au article right on time
im out, did a nice 4x but this is a blow off top waiting to happen.
Another one bites the dust. Just before their exchange listing announcement, too?
Do you have any intention to re-establish a position? The Moon is going to be a lonely place without you both.
definitely not a long term hold for me, the ponzinomics of the coin mean its a nightmare to enter and exit easily. may you have liquidity to dump into when you try to exit.
I see the entire crypto scene as Ponzinomics, so this token is no different to me. I'm just gambling on the hype and the hype doesn't seems to be slowing down. I mean, I bought some ElonGate FFS
I don't think elongate has any kind of future, but I do think SafeMoon has significantly more potential to establish itself as a long-standing token. I'm going to ride this out for 3 months minimum. Hopefully being able to take some profits along the way.
Yeah, I saw some tokens that were identical in nature, and so I couldn't see them getting listed such that the price went nuts for the risk of whales dumping their position and thus tanking the whole thing. That's why I sold out
I love how you veteran crypto enthusiasts all bail out at the peak. Nice call...for the short term anyway.
Safemoon has been called out by WarOnRugs and, allegedly, that's the cause of the decline. I'm still just happy to wait and watch.
suprised it has recovered, still a huge ponzi but good luck with your venture.
That and the fact that nobody could transfer BNB to TRUSTWALLET. People have been waiting for nearly 36hrs and deposits still haven't shown up. Oh not to mention that last night's AMA was a complete and utter shit show. Anyways I put 1k in on Sunday, pulled out 2k yesterday and will let the rest sit and turn into something or not.
Separate names with a comma.