Just a warning to all new investors to browse the subreddits or discords of projects you are interested in for tell tale signs of lunacy.
Occasionally browsing the SafeMoon subreddit is my guilty pleasure - its the same feeling of going to the antivax side of facebook just to see the rationalizations being strewn about. You'll see such comedy gold as:
- "I'm down 80% and I just doubled down!"
- Comparisons between their coin and 2012 Bitcoin
- "It just has to hit $0.01 and I can retire!" (Yes, a $5 trillion market cap is inevitable over there). In fact why aim so low when you could aim for $250 trillion market cap based on the analysis of one eager investor?
I'm convinced the average SM supporter emptied their piggy bank to get them pickins while they're hot.
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