cryptointuition posted: " Investing In Safemoon Is Like Diving. The unknowns of what's underneath.Photo by Mora Mitchell on Unsplash https://anchor.fm/s/5a96ee20/podcast/rss Summary Safemoon is a longterm play with a good future, but never invest more than you can af"
Safemoon is a longterm play with a good future, but never invest more than you can afford. #safemoon #crypto #whales --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/cryptointuition/support
Transcription
Welcome to Crypto Intuition. I would like to begin by saying that I am not a financial advisor. Anything I say should not be mistaken for financial advice. This is for entertainment purposes only.
If you know not to invest everything and put what you can afford, Safemoon is a risky, but potentially rewarding project within the next 5 years. It is possible people who sell right now will deeply regret it as the token supply diminishes every day, it is not noticeable now, but if the development team decides it is time to stop burning coins, the value will only go up. The question is when. It could be when there is only 10 trillion left or 1 trillion. If the project delivers on its promises, it will definitely go to the moon.
We know for sure one of those promises has come to fruition, the Safemoon wallet. When the blockchain is done, only then, will we know the true potential of Safemoon. Imagine Safemoon being en par with the capabilities of BNB and even Tron, both able to host tokens? The thought of it is not only exciting, but this could be a huge catalyst for Safemoon to reach the moon; however, it doesn't mean that this could be the only reason it could potentially reach new highs.
I will never understand how many investors make the mistake of putting huge amounts of cash into one crypto, especially Safemoon. I like Safemoon, but I am not about to put all in into it. This is a lesson I learned a long time ago when I was starting to trade in stocks. It was a very expensive lesson. The crypto market is fairly new and with anything new, there are factors even experienced investors have not thought about.
Thanks for listening to Crypto Intuition. Good morning, good afternoon, and good night, depending on which side of the world you may be listening from. Remember to bookmark my podcast anchor.fm/cryptointuition. 'Til next time.
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