SafeMoon

From time to time, I have seen very critical posts about SafeMoon on this sub, understandably so. Full disclosure, I was an early buyer so escaped relatively unscathed however many did not as we know. I was only a couple months into exploring crypto as an investment, so I chalk it up to the learning process. The hype was fun, the fall was not.

Nonetheless, I recently posted on the SafeMoon sub with the title “Anyone still believe?”. It has gone very quiet and dark over there and I was just curious to see if I could uncover what was the true sentiment. The result was pretty interesting - I had many many replies that spread the whole spectrum. Most however acknowledged it was a mistake for one reason or another. Some still believe!

The purpose of this post is not to bash SafeMoon or it’s holders (I am sure the comments will take care of the latter for me). Rather, it is to highlight that Safemoon will always be one of the talked of stories of the 2021 bull run whether you like it or not, which is perhaps part of the reason it is hated by so many here because they view it as a symbol of what holds crypto back from greater adoption. Still, many a newcomer cut their teeth there, learning the hard lessons that can come with investing in shitcoins. I think everyone needs to experience that to some degree to learn how to invest in this space.

So, in closing, SafeMoon is a shitcoin and cheers to 2024!! GLTA