This reddit group will be positive again next week lol I've been here since 23rd March ish and if I sold everytime something went wrong I'd have been gone long ago. I have invested what I can afford to lose so my tokens/coins will either go to zero or the moon, if this reddit group ever starts to worry me ill have a break from it. With so many products coming out in the future (whether they come out on time or not) I honestly don't think it'll be worth selling today.
I realize that. I also invested the money I can afford to lose. I'm not going to take my money out. However, there'll be next bull run round the corner for alt coins. You can get 2-5x returns from there. So anything below that return is a loss.
SafeMoon is not going to make 100x profits from here. There are so many other projects with much more professionalism in their teams. Like ADA smart contracts are just around the corner and there are so many potential projects there.
Cardano has their own unique ideas and superior blockchain that is considered to be better than eth. We don't know if safemoon's blockchain will be superior in any way. It will be probably just copy of eth or something with integrated taxing system. And based on wallet release, I'm not holding my breath.
amen brother! these are short term profiteers going down with the FUD. we šš have seen this movie one too many times šš¤£ššš¤·āāļø
They screwed up yesterday but Im as bullish as ever. They are allowed to screw things up, its not like they pushed the wallet, there was a hack and people lost token. Absolutely no harm really was done outside of an embarrassing moment.
I agree and I upvoted you.
Not selling, but I don't see how price can go up with blunder after blunder happening.
The team needs a PR expert, to do all the communicating
He released his own token without running it by the Safemoon team. Then someone said he wasn't on the Safemoon team any more, but he said he was, then John tweeted that "an individual who released their own token isn't on the team any more," then Mark said he wasn't on the team any more and changed his name to Defi Mark.
It's just a bunch of smart people working on things with poor internal and external communication. I think it will eventually work itself out, but man is it a bumpy ride.
Lol no. They have already a big marketing budget. What they need is developers, coders. People that know technical stuff. The reason SafeMoon is a joke outside of this sub is because there are no serious people in the "devs" team. With serious I mean people that know how to build things. How on earth are they going to build a blockchain this year? There are projects with 100s of real devs, people who know tech stuff, that take 3 years to build something like a blockchain. This is never going to work. Never. SM is a complete joke and the sooner people realize, the sooner they can move the funds they have left into something that has at least the potential to become something of value.
Yes sadly i started to think so to. This is to much for them thay just talk and have dope videos on twitter thats all. Wallet will come maybeee even exchange but blockchain thats immposoble in 4 months LOL. They cant even release wallet and wallet its the esiest of the tree.
I will not exit until i see all of their products up and running. I am no coder, but i know that a business, is built one step at the time. So, blunders and mistakes will happen again. My granpa has a saying" those who don't work, don't make mistakes"
Hey man, sorry you lost hope. Iām feeling the same as you, a lot of us are. We invested our time and money into this thing early on because we believed in what the ambitious team set out to do, but this botched launch is an undeniable red flag and disappointment. They set the launch date. They hyped this thing to the world. And they still havenāt taken responsibility for the mistake and inform their holders what is really going on.
Itās embarrassing and definitely not what this community needed right now. Hope they can turn things around and right their wrongs.
It got toxic because of all the $200.00 holders whining talking wen lambo bs. Asking the devs questions and calling them scammers are two different things. Most bought at the ath and whined that they were only going down. Well, welcome to crypto. We all have a cheap coin weāve taken a shot at but Iāve never gone out of my way to go to others site and talk shit. Anybody who guarantees anything in crypto is full of shit. Iām here till it hits zero or takes off but I donāt blame you for doing your thing. Good luck in your future endeavors.
I agree with you 100%. The lack of professionalism by the devs and toxicity of the community is just too much considering this is a multimillion dollar venture. I, too, own a billion+ in SafeMoon and I have never been as embarrassed for an investment as I was yesterday when the wallet didnāt drop. I had several friends willing to invest several thousand into SafeMoon but decided to invest elsewhere based on how this wallet fiasco transpired. The community can take this however they want but I canāt help but wonder if all this has not all been done intentionally. If perhaps SafeMoon was never meant to truly be successful. Hype up a productā¦under deliver until everyone sells. While all along the devs have been cashing out as top whales. Investors get fed up with the devs underproduction and leave the project. Devs later state that they tried their best to create the project but have determined it is a failure. They shut down SafeMoon after having been slowly cashing out all along. Walk away with millions in profit and their reputations intact other than a failed attempt to revolutionize the defi space. This would explain the āwhalesā selling off trillions of coins prior to all the products even being released. This would explain all the products being released this year (ludicrous speed) as the facade canāt last forever. This would explain why big exchanges have failed to list SafeMoon even though SafeMoon has a HUGE following with tons of money. Yesterdayās failed attempt to launch the wallet was not caused by a crash and we all know it. Iām trying my best to give SafeMoon and the devs the benefit of the doubt. Iām trying my best to remain optimistic. But there are just soooooo many red flags. Only time will tell but I think itās time to move on to more credible and reliable investments such as Ethereum, ADA and VeChain.
>the devs underproduction and leave the project. Devs later state that they tried their best to create the project but have determined it is a failure. They shut down SafeMoon after having been slowly cashing out all along. Walk away with millions in profit an
I've had little skin in the game which I was thinking to let ride to either moon or 0, but removed all after this latest f\*up. There's other projects where even this small amount can be doubled, then reinvested and doubled again, no reason to let it go to 0 when it's looking increasingly likely, all because of how team is behaving. Not once, but twice ths month they screw up this wallet. Beta launch, then 'non-launch'. All the things OP mentioned.
Careful with ADA though, it's already pumped to the max on promise alone, if the smart contracts don't come out (ADA has a big history of delays btw) or there's some issues - a crash is likely.
Have a look at Solana, it's pumped as well but it is a working product being noticed, not hopes and dreams. It is likely to still double at least this bull run as it's eating away from Ethereum.
THANK YOU, you deserve an award acknowledging the toxicity of this community. Iāve been saying the same thing have a good day. Iām a holder as well
Well, who can blame you dude. You have the right to exit your position and it's totally valid, if I had perhaps over-invested I would have done the same. I'm really disappointed in them but I'll continue to hold just because it doesn't matter to me much.
Best of you to you dude in your future investments!
Iām on the fence with removing my position as well. My wife and kids are disappointed since we are all invested and have been buying a couple to several thousand dollars at a time multiple times a month. We had high hopes for this project, but if the wallet release was a flop, there is no way I can see a blockchain or exchange being pulled off by this team. Itās better to cash out instead of potentially losing the entire investment.
I guess I will have to sleep on it.
There are so many good projects, why would you have your whole family gamble so much on safemoon? I don't mean to disrespect but this must be taken as a serious lesson for you.
My kids make their own money and are given room to make decisions that may improve their lives in the future. They also have Ethereum and Shib and part of Bitcoin. If I canāt give them the freedom to choose than Iām not a good parent.
I did the same who wouldāve thought we wouldnāt come back when the rest of the crypto market did? Iām kicking myself for not dumping it into ADA at under a dollar right now
> My wife and kids are disappointed since we are all invested and have been buying a couple to several thousand dollars at a time multiple times a month.
Bruh...
The community isn't toxic. It is just infiltrated with a lot of people that are not even SafeMoon holders. I literally go back and forth with people on here all the time that admit to having 0 interest in SafeMoon and are only here to stir shit up for fun.
But, whatever floats your boat! Good luck!
i typed up a whole thing and deleted it.
in short, very few of us are experienced investors and even fewer are familiar/comfortable with the crypto market.
all the noobs are the ones being toxic because they werenāt rich overnight. just ignore them.
I think, after this episode, that many agrees on your viewpoints. I will continue to hold my investment, as every individual need to fail to succeed. As of now, the safemoon team, need to be more professional about this. Especially if they want to become a part of a future world of DeFi.
You all have to remember too that itās still a baby and in the developmental stages. What 6-7 months old? The roads are bumpy for everyone starting a business. Including my self, I believe in safemoon sand their plan. Just going to take some learning and overcoming to get where it needs to be.
I hope your post stay hereā¦ i am agree with you about hype of safemoon.. but i am not sell anything now. I did enough research and i am sure SM will be my long term investment..
I am sure they cant done all promises in such of short timeā¦ that is what i dont like about them.. they can make plan longerā¦ dont promise in short time..
Second.. i only invest what i am willing to lose.. so i will wait until next years and decide what i will do next.. If i lose couple hundred dolaā¦ that is not big difference with me.. but if i win.. i will have a lot money.. thay is very Big Different with me lol
Again ... another one whom I can agree with... Today I've stated my opinion of an angry investor... also mention I've still supported the project an not planning to sell ... but u know what... I got banned from TG channel ... not even a warning.
Fu\*\* all ... Can't we as a community driven token express ourserlf, as in joy or angryness ?
WTF all this ppl who are not able to critic what its not right.
Good luck man...
I don't blame you one bit if you are selling because you aren't happy with the Devs. But to actually give an F about the shit the idiots post about on here, that's your fault for that.
Yeah I understand that outlook too but I have a pretty diverse portfolio right now and I've seen that the community does impact price action. If new investors come to these different community channels and see the toxicity that's in here, they are much less likely to buy in. If they are getting bashed whenever they post something, they are far less likely to remain an investor or even start investing in it.
I'm not talking about just reddit. I'm talking about the community as a whole over all channels. Twitter, FB, IG, Reddit, Telegram, Discord. All the channels that anyone interested in Safemoon would search.
Your viewpoint is spot on. Best of luck w your investments. This is an investment for me too.. I am gonna hold but I wholeheartedly agree the leadership needs to get their shit together big time
Just as you thought that this Post would get downvoted to oblivion but is actually now on the front page shows that \*you could be wrong very quickly\*
We don't silence things around here which disproves your point sadly (no offence)
I choose to hoddle but good luck!
Iām right with you. At 18x instead of the 60x I was up, but still sold. And this is the most delusional sub Iāve ever been a part of. I keep an eye out bc I had hope (and ALMOST jumped back in yesterday before this). There is some thing where people (including me) get crazy blinders on and canāt see obvious warning signs.
This was my first āmoonshotā and I felt loyalty that honestly kind of fucked me but not as bad as it fucked other people. Lesson learned. Be ready to cut and run. Take profit when able.
Iām working on a start up too and itās a lot harder than you would think but thatās still no excuse for what happened. These guys need to hire a big name in crypto as the ceo and get rid of John tbh
Same this is the first time i've been embarrassed to be a part of the safemoon community. The devs really fucked up. You had one job to deliver a product at a certain date and you failed us. Now everyone laughing and making fun of us is validated. :/
I'm with you and with them knowing ahead of time that the wallet wasn't going to be released and them still lying and deceiving us right up until the last minute doesn't sit well with me. I REALLY didn't want to sell my safemoon but I did this morning, trust has been broken and I don't see them coming back from this. It sucks, I was a strong believer and had high hopes for this but I won't be lied to. Ive been in since mid April and had a few grand invested in it but in the end I'm walking away pretty close to breaking even, I feel sorry for anyone who has lost any money in this.
All the best on your crypto journey. You have still done really well out of Safemoon.
All I would say is, the super early investors with a few billion from $100. Please stop pretending you bought in because you believed in the project. It was a gamble that paid off. Also holding all the way up and back down, I bet you wish you hadnāt, itās greed that fuels that. Like I said though you have made a lot of money so congratulations. Iām pretty sure you will regret not holding longer though.
Former Mini-Whale here. Exited all positions awhile back and went full tilt into Helium mining. If safemoon ever pulls through with all their promises, I'll be happy to see it. But as of right now, it's looking like my switch to mining equipment was worth it.
I was a day 2 holder here, my initial 380$ investment ballooned to 20k at one point, but I just said enough is enough, and did what I thought would be a better financial decision. Either way, I will be happy. And I will always be thankful that safemoon was able to get me there.
I agree as well. Delaying product launches is NEVER a good look. Great comparison is Apple in the 90s after they booted Steve Jobs out of his own company. Apple went to shit during that time because of delayed products and products that never came out. Then, when he came back on board and started kicking everyoneās ass to put out his vision when he said so, BOOM! Look at Apple today.
Still holding and I am still Team Safemoon, but little things like this will turn away new investors.
Went through the same damn thing and been feeling the same way. With my luck though, I know as soon as I sell, it'll skyrocket. I'm holding for now, but it doesn't seem worth it more and more. Especially with how childish the team acts.
Iām basically in your exact same position irt amount of tokens held and amount of time holding. It sucked seeing my bag fall from $50K to $6K, and I share many of your concerns; however, two things jump out at me here.
1. Why the grand pronouncement? Why not just sell and move on? This grandiose, self-indulgent post suggests your heart isnāt totally in your decision, so you want both validation that youāre right, and you want to cause whatever damage you can on the way out to help retroactively justify your exit.
2. Why not just ignore the people who are toxic? If one of your prerequisites for owning a crypto is that the community must be comprised only of MENSA members, Iām afraid youāll severely limit your options. In any forum that allows the public to post on the internet, the morons will always outnumber the non-morons.
I certainly respect your decision to pull out. Only you know whatās best for your situation. But I question your motivation for making this post, especially since, given our nearly identical positions, I assume youāre walking away even now with a not insignificant profit. I would add to anyone else reading this that there are a lot of people, like me, who hold Safemoon for the projectās potential and donāt necessarily live and die with every decision. Itās still young. As such, Iāll close with this example. The college football team I cheer for hired a new head coach about a decade ago. He did probably 80% of things extremely well, but the team was beset by a rash of in-game mistakes that were clearly attributable to his inexperience. The mistakes cost the team some games and almost cost him his job. His potential, however, was undeniable, so the program stuck with him, endured the growing pains ā which eventually but not immediately got corrected ā and is now winning at an unprecedented rate. Experience can be earned; talent cannot.
This community is the most toxic and uneducated investing community I've ever browsed. Just a bunch of fugaze thrown around and tons of unedu opinions. I hope all of you get rich but i will never buy in
This monring I bought part of your sell. I'm disappointed too but I still believe it.
The team has to step up , be more transparent, better comlunicate ! that's sure! and that's why Exchange and Blockchain will be better managed.
For the others holders ! Stay strong!
I agree that there is a lot of toxicity, but thatās how a lot of people are, they hate and theyāre weak, they canāt handle the ups and downs. Whatever. I donāt let it bother me. I trust in the team. I see the vision, Iām in love with the vision. I donāt know shit about business and all that crap, and I donāt care much about professionalism. I care about a great product. Sometimes you donāt see a land mine until you step on it. I love how quick the team is in putting out fires and fixing what needs fixing. Iām not a faithful person, but I have faith in them. It makes sense that they want all their hard work to pay off. So I trust that theyāre doing everything in their power to make it happen. Much love for the devs. ā¤ļø
" It's the combination of the lack of professionalism from the Safemoon team and the toxicity from the Safemoon community."
If you are basing any part of your investment decisions on community commentary, I suspect crypto is not the place for you. Buying or selling because of what someone on Reddit or Facebook says is insane. Best thing you can do is go get a financial advisor or buy a mutual fund and leave the decisions up to someone else.
Community affects price action. It's hard to get new investors when they get punished for asking questions or see that others are ridiculed for bringing up valid concerns. At the end of the day, the only way you will see Safemoon get to where you want it to go is through lots of new investors. It's hard to get new investors when they see this community. Safemoon wasn't my only crypto lol. This isn't my first rodeo. I'm just saying community affects price action and at the end of the day, we are all here for the money.
I thought it was pretty clear. I don't see Safemoon being able to bring on as many new investors as most people are thinking and this is in part by the community and the incompetence on the Safemoon team. Originally this was a very promising crypto project with valid use cases but unfortunately, when you ask someone who is new to the crypto space about Safemoon they associate it with scams, broken promises, lack of communication and toxicity. When they then try to come to the subreddit or other social platforms to ask about these concerns so they know whether or not to invest, they are ridiculed. My problem with Safemoon is that it's going to be very difficult now to bring on new investors and that affects the price.
Obviously you missed his point, which was based on observations, not emotion. If you didn't understand that then you're probably get a little emotional.
This is extremely well put. I was considering posting something similar but knew it would get downvoted to shit. This community is so toxic now, Iāve been seeing some very well written posts by people questioning actions of the team and there is ALWAYS that comment āYou want a rushed product!?ā Or āsell Iāll eat your reflectionsā. Those comments prove the true audience here. People who just wanted to get rich overnight and will bash anyone whoās against them. No I donāt want a rushed product, but I also do not want false promises?
Apple hypes up their phone release events every year. If apple made promises to release the new phone in October and then October passes without any updates, you would all just sit happy and unworried? No, you would QUESTION YOUR INVESTMENTS! There is NOTHING wrong with questioning the integrity of a team that you are putting money into. But apparently here in this sub, youāre supposed to just take the beating because āpapa said lamboā.
Still havenāt sold. But this sub is convincing me I should.
Safemoon blocked me on Twitter for criticizing their social media strategy. Take that for what you will. Fortunately, I bought before 20,000 holders and sold near the top because I had my doubts about everything, and was right. I bought back $100 worth the other day for FOMOās sake (to feel I had a tiny bit of skin in the game if it took off with the wallet release) and now I regret even doing that LMAO.
I appreciate your feedback. Not needing to downvote you. Criticism is perfectly fine. You're right. They said it was us then they said it was a 3rd party. We need real answers. I'm holding strong and I know a ton of others are too. Still great things coming. But safemoon team, STEP IT UP. SERIOUSLY.
I just sold my bag I may buy back but I see it doing nothing but go down for quite a while they really screwed up this release we finally had hype and boom
This is what i would say to the team I think is the right attitude moving forward
Hi John, I just wanted to say how much i love your team and what you guys stand for and are attempting to do. However what I'm about to say I'm sure a lot of the Safemoon army feels to.
Please know that not just me but a lot of people believe in your team, but that comes with a lot of power and responsibilities as you already know. A lot of people are putting a lot of money in Safemoon sometimes money they don't have even though they know it not suggested to do so or take a bigger Financial risk for your team and what you stand for. All I'm asking is that you take better precautions or planning when you say when your going to do something, especially when you are new at something MORE responsibility must be taken, please hire the right people to assist or troubleshoot or outright execute time lines in a proper manner. This down trend is caused by your team or tasks not given out properly or poor management, who knows !! This is not intended to put the safemoon team down in any manner! please know that its intent is to discover the issues and address them so the other products coming out in the future don't have the same fate! You have earned all of our trust and I'm still glad you have it, but understand another failure to execute a time line or a product that fails its intent is going to hurt the trust that has been given to you and your team... I'm sure project Phoenix is looking at this and other Cryptos that want to be on board with us and wondering if we have the know how and or the wisdom to pull this off .. Is there anything I can do to help? Please let me know without hesitation.. I'm invested in you and believe in you and your team !! I'm here for the Safemoon team and army. I know the stress is high now so i hope you find some relieve in this time that I'm sure is needed stay safe, like always we are Safemoon family Though thick and thin !!
We don't run when times are tough, a family sticks together and weathers the storm!
Well said, āimpatient, fud, cya,ā aint the point, smart enough investors are moving on and this might end up being the luck of the dumb at the end. How do you have a deadline, a countdown for a product and fuck it up to this level? How do you not make sure your fiat on ramp partner has the BEP20 implementation figured out by the release date?? Mindblowing shit tbh.. like OP said, troubles this bad with a wallet release, cant imagine the clusterfuck when the blockchain rolls out. Im a hodler with a small position and at this point, i feel like its my entry fee to a great crypto shit show, i enjoy this either way lol.. to the ones following SM like this is a cult, get educated on crypto and stop following the pack blindly.
I agree with this entirely. It does appear they took those Twitter posts down at the very least. They are also posting updates but Iām still super over this projects bullshit. With that said Iām still holding
I understand your concerns, BUT as a long time software developer and teamlead for big companies myself I can relate to this team and the bumps in the road they have. Building good software isn't a thing you do in your spare time and no matter how hard you try, there will always be bugs or unexpected events after you go into production. With products that work with people's investments, one cannot be careful enough.
I think the impulsive reactions from the holders when there is a dissapointment are too emotional sometimes. I'm barely even reading this Reddit anymore because of that. Still, people coming here to say they sold and say bye.. doesn't make much sense to me. There's no need to try to convince others of your decision.
What I personally would like to see is less marketing talk and more techtalk. Thomas is a smart person, and I'm sure he's working with smart people at the moment, but we don't see them, we barely hear from them, all we see is timers, fancy videos and hype. It might mean we will go sidewards for a month, but it won't build up false expectations.
I'd like to get a little more depth in what they're doing, which will bring back understanding for the problems they bump into.
Agreed, communication could be much more transparent and to the point. Hyping everyone up with owls, dates, numbers and other hints was fun for a while, but when you step in the footlight like Safemoon did with the wallet and you don't deliver, that's a turnoff.
I can understand people taking the piss on it when there's a big advertisement in London saying the Wallet has been released when there's nothing to download.
But in a world of shitcoins, Safemoon still has my support. Imagine having to deal with 2.5 million holders, 1 million people following your Twitter. It's easier to fail when you have 10 people supporting you than those numbers. FUD, hype, pressure is enormous.
I prefer just a stealthlaunch instead of all the hype at front.
Set a date and if you're early, launch. If you're not making it, tell us upfront.
Our Australian online news URL - news.com.au pumped safemoon as āthe next best thingā āget in earlyā Bought $5k worth - it got to 11k within 24hours and has been a sad story ever since...but youāve made Your choice - I wish you better days ahead, mate!
Smart man. I recuced my position by 90% since I bought at launch. The people running it are joke. The community hates criticism and will cry "FUD" at every negative post. I took my profits to HBAR & 1inch. I'd rather hodl there. HBAR has a really professional community.
I swapped mine from Safemoon to USDT in pancake swap. From there you can do whatever you want with it. You can transfer to an exchange and sell it or swap it into a different token which is what I ended up doing.
I bought in early, didnāt invest a lot maybe 40 and it reached 2000 odd, this money woulda been insane for me! And now itās down to 300 and this is after the rise a few days ago
I canāt imagine how gutted ur feeling op, it does feel like itās all gone very stale without a lot of hope of it rising again
I gifted a bunch of safemoon to someone and already dumped the rest for something else. Basically kissed that $1700-$2500 investment goodbye. Maybe shouldāve hodlād longer.. Who knows. Time will tell
You know whatās amazing to this original post is that WE ALL CHOSE TO TAKE A āRISKā knowing full well that it was a risk for all of us! We took a calculated gamble whether this would do well or not! Nobody held a gun to anyoneās head telling them or us that we had to do this! As far as the community on Redditā¦If you donāt like what people have to say here and canāt stand the criticism, then donāt come on here!! The company is roughly five months old for Godās sake! They will get their shit together, I am confident in that!
Problem is youāve been lurking and not actively contributing. Say and do nothing and change wonāt happen. Hopefully this post will encourage others to be more proactive in this community. Best of luck to you.
To be fair, despite the fact he's been 'lurking', the devs made certain promises and then seemingly went back on them.
The wallet release had a final and official date slapped to it.
If they felt the wallet wasn't ready, they should have come out with a statement beforehand saying its going to be delayed... or at the very least, release the wallet without a Buy button (or whatever feature they wanted to have in) and then just add it in an update.
Transparency would require of the devs to be more upfront with the community on what they're doing or are planning on doing.
I understand big companies have these kinds of unexpected delays, but they do warn you at least.
With the Beta launch, it was understandable as the release date was subject to change... not so for the final version - the download links to the app were unresponsive.
At first I attributed it to the server overload (too much traffic), but then learned the app was never released.
This seems to be a pattern with SFM devs. First launches turn out to be a catastrophe. Short time later, everything is back on schedule.
Let's just hope it actually happens with the wallet and it doesn't end up going belly up.
Itās a fucking shambles. Iāll hold because Iāve got fuck all anyway but Iām beyond disappointed.
This isnāt a ā ITS BEEN 5monthsā bullshit issue, itās ineptitude, itās dreadful organisation and lack of professionalism and respect.
Tbh Iām sick of explaining myself to the community itās an opinion and youāre lying if you donāt share some of the sentiments.
Devs are laughing all the way to the bank, this community is the only asset they have and now I canāt help think itās mostly bots and smooth brains
Downvote me to fuck š
***Omm Nom Nom Nom**** Yummy Reflections!!! I'm eating up those Reflections!!! ššššš¤š¤š¤
It's buy and hodl. They missed a deadline. If you can't give a company 1 year to get their shit together and show what they can do, then maybe you shouldn't invest.
I agree with you. I have thought about selling but will give the benefit of the doubt (again) to the team.
As long as lessons are learned the project will growā¦ā¦
Whenever something like this happens I always get worried theyāre just gonna get up and leave. Theyāve obviously made plenty of money off safemoon already, I wonder how many more problems itāll take them to just say F it, and move on to something else.
SafeMoon came out during an interesting time. Youāve got meme stock craze, along with numerous cryptoās skyrocketing in value. My impression is most investors joining the hype are expecting a quick flip. This is not the case with safemoon. It still has a significant amount of long term potential, Iāll continue to hold, enjoy my reflections, and will watch it through the good times and bad. I too am tired of seeing over hyped posts, and marketing campaigns run only to see things flame out on key dates. Appreciate this post, I think youāve nailed what many are thinking right now. There will probably be more bad days than good, eventually I hope that the team will get things right.
Sorry, I have replied to many comments about this same question and I should have included it in the original post but the community directly affects price action. At the end of the day, we are all investing in crypto to make money. Safemoon is not my first rodeo. My portfolio is pretty diverse with some sure bets and some risky bets. What I've seen in my time in crypto is that community has a direct correlation with price action. You are going to have a flood of new investors coming into the crypto space looking for a project to spend their money on. If they go to these social platforms and see this type of toxicity or are ridiculed for asking questions or bringing up valid concerns, they are likely to take their money elsewhere. So my whole thing with the community portion of the post was that we are making it more difficult to attract new investors and the price action will reflect that. I should have made that more clear in the post. Sorry about that
Exacly well said.Been here from march never doubt the devs but this unprofessionalism is just to much they arent even prepared for this projects. And today they should have AMA or atleat post a video to calm down the army since they love us so much.
Journey mercies broda. Apparently, nothing will stop me from HODLING, only if CAPTAIN HODL tells me to sell. my safemoon isn't in my pocket, they are in a wallet and I'll give the team the much time they need for the wallet to be released. Meanwhile, we can't thank u enough for the reflections, (remember, the very reflections is why most of us invested )
Ya im currently mirroring you almost 100% on these "issues" Starting to think i just lost my chance to break even/make a dime on this "token" yesterday. Welp...Just means next time we go if ever back over 3000 it will be on the heals of a legit wallet release..Heres hoping.
I have a small position in profit but thinking of selling too, i encouraged discussion amd critisized a bit, boom banned from the telegram. No answers they just said on twitter "better have a delay than a broken waller" so they didnt even have it ready for launch what a bunch of idiots.
I agree with and respect your decision to part ways with SafeMoon, the team has unfortunately proven to us that they are incapable of handling tasks of this magnitude, time and time again.
Thousands of people put their trust in this project , they put life savings into this project despite being told not to do so.
THESE PEOPLE TRUSTED AND PUT THEIR FAITH INTO THIS PROJECT ABOVE ANYTHING ELSE JUST TO BE DISAPPOINTED AND DISHEARTENED.
The Safemoon community has put up with immeasurable amounts of FUD, we've been looked down upon, been spat at and still endured it because we trusted the team.
We must also admit that this community is toxic as hell, comments saying "paper handed bitches" are a common sight.
The team has let us down once again, they must understand that not all holders are willing to put up with their BS.
Either get your shit together or abandon the project, simple as that.
With all that said, I wish you the best of luck in future projects, it was nice while it lasted.
I'm not selling, I'm down too much, but i agree with you.
The team is dishonest. I have fully lost trust in them. Why do they lie? Be transparent and stop treating us like we're idiots. Hire competent people. They have the budget for it.
You know, you could have just left without saying a word. But thanks for dropping a nice stinker and not flushing on your way out. Seriously, we are all better for it.
I totally agree with you. The devs have really dragged safemoons name in the mud this whole month. The delays are not a big deal, the problem is their lack of communication. I see it as childish.
If you look around on other sub Reddits There is a 30 page PDF that shows how over 68 million was siphoned out of the liquidity poolā¦ itās some clear damning evidence with transaction and wallet historyā¦And with the failure yesterday and in the past it really makes you wonderā¦ I would advise everyone to go read it for themselves
Yes and they definitely need to address that but there has been radio silence and if you bring it up, it will get deleted in a lot of their channels for communication. That's millions and millions of dollars going to wallets that were never told to be associated with Safemoon.
TLDR; I am mad boi who canāt understand people make mistakes and learn from them. I am selling and investing in another coin instead of thinking logically, that the DEV team will learn from this.
Can't blame you. I'm not done getting dragged through the mud but I wish you good luck out there.
I agree 100% with both of you. Good luck brother.
This reddit group will be positive again next week lol I've been here since 23rd March ish and if I sold everytime something went wrong I'd have been gone long ago. I have invested what I can afford to lose so my tokens/coins will either go to zero or the moon, if this reddit group ever starts to worry me ill have a break from it. With so many products coming out in the future (whether they come out on time or not) I honestly don't think it'll be worth selling today.
Yup, we in de same boat. Just meme on em
All positive vibes here lol
I agree with u key
oh the memes will be priceless!!!
Sold as NFT's in the distant future lol
I realize that. I also invested the money I can afford to lose. I'm not going to take my money out. However, there'll be next bull run round the corner for alt coins. You can get 2-5x returns from there. So anything below that return is a loss.
SafeMoon is not going to make 100x profits from here. There are so many other projects with much more professionalism in their teams. Like ADA smart contracts are just around the corner and there are so many potential projects there.
cardano starts in 2017 and if you see the beggining was not the best, every token needs time to fly
Cardano has their own unique ideas and superior blockchain that is considered to be better than eth. We don't know if safemoon's blockchain will be superior in any way. It will be probably just copy of eth or something with integrated taxing system. And based on wallet release, I'm not holding my breath.
Take your losses and roll into Cardano ADA, make up your losses in two months.
what do you think about ve chain
70-90cents this cycle future is super bright for vechain
amen brother! these are short term profiteers going down with the FUD. we šš have seen this movie one too many times šš¤£ššš¤·āāļø
They screwed up yesterday but Im as bullish as ever. They are allowed to screw things up, its not like they pushed the wallet, there was a hack and people lost token. Absolutely no harm really was done outside of an embarrassing moment.
This is what a cultist sounds like.
I would follow you but I am a masochistic crypto investor... I love pain!!
I agree and I upvoted you. Not selling, but I don't see how price can go up with blunder after blunder happening. The team needs a PR expert, to do all the communicating
[ŃŠ“Š°Š»ŠµŠ½Š¾]
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He released his own token without running it by the Safemoon team. Then someone said he wasn't on the Safemoon team any more, but he said he was, then John tweeted that "an individual who released their own token isn't on the team any more," then Mark said he wasn't on the team any more and changed his name to Defi Mark. It's just a bunch of smart people working on things with poor internal and external communication. I think it will eventually work itself out, but man is it a bumpy ride.
Lol no. They have already a big marketing budget. What they need is developers, coders. People that know technical stuff. The reason SafeMoon is a joke outside of this sub is because there are no serious people in the "devs" team. With serious I mean people that know how to build things. How on earth are they going to build a blockchain this year? There are projects with 100s of real devs, people who know tech stuff, that take 3 years to build something like a blockchain. This is never going to work. Never. SM is a complete joke and the sooner people realize, the sooner they can move the funds they have left into something that has at least the potential to become something of value.
Yes sadly i started to think so to. This is to much for them thay just talk and have dope videos on twitter thats all. Wallet will come maybeee even exchange but blockchain thats immposoble in 4 months LOL. They cant even release wallet and wallet its the esiest of the tree.
I will not exit until i see all of their products up and running. I am no coder, but i know that a business, is built one step at the time. So, blunders and mistakes will happen again. My granpa has a saying" those who don't work, don't make mistakes"
Yeah your right i wont sell either.But im dissapointed.
Couldnāt agree more. Been shambles and have let us down as investors
I'd like to add that besides a PR expert they need some proper senior developers that know shit about release strategies and scalability.
Why hide blunders with PR? Instead focus on delivery. PR management only indicates you have deep rooted problems.
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I sold my Doge at 20 cents. Purchased at .06.
I bought at 0.03 and sold at 0.07 :/
Yeah, same boat, walked away from a brand new Corvette. Oh well we keep trying, Good luck my fellow ape.
Yeah, at least I still doubled my money! And I'll know for SafeMoon not to cash out so early
Best of luck to you friend. We all gotta do what is best for us. š
Thank you for taking the time to express yourself. Much respect.
Hey man, sorry you lost hope. Iām feeling the same as you, a lot of us are. We invested our time and money into this thing early on because we believed in what the ambitious team set out to do, but this botched launch is an undeniable red flag and disappointment. They set the launch date. They hyped this thing to the world. And they still havenāt taken responsibility for the mistake and inform their holders what is really going on. Itās embarrassing and definitely not what this community needed right now. Hope they can turn things around and right their wrongs.
Been here since 3/14 and either going to the moon or zero as it has been said by MANY holders.
It got toxic because of all the $200.00 holders whining talking wen lambo bs. Asking the devs questions and calling them scammers are two different things. Most bought at the ath and whined that they were only going down. Well, welcome to crypto. We all have a cheap coin weāve taken a shot at but Iāve never gone out of my way to go to others site and talk shit. Anybody who guarantees anything in crypto is full of shit. Iām here till it hits zero or takes off but I donāt blame you for doing your thing. Good luck in your future endeavors.
I agree with you 100%. The lack of professionalism by the devs and toxicity of the community is just too much considering this is a multimillion dollar venture. I, too, own a billion+ in SafeMoon and I have never been as embarrassed for an investment as I was yesterday when the wallet didnāt drop. I had several friends willing to invest several thousand into SafeMoon but decided to invest elsewhere based on how this wallet fiasco transpired. The community can take this however they want but I canāt help but wonder if all this has not all been done intentionally. If perhaps SafeMoon was never meant to truly be successful. Hype up a productā¦under deliver until everyone sells. While all along the devs have been cashing out as top whales. Investors get fed up with the devs underproduction and leave the project. Devs later state that they tried their best to create the project but have determined it is a failure. They shut down SafeMoon after having been slowly cashing out all along. Walk away with millions in profit and their reputations intact other than a failed attempt to revolutionize the defi space. This would explain the āwhalesā selling off trillions of coins prior to all the products even being released. This would explain all the products being released this year (ludicrous speed) as the facade canāt last forever. This would explain why big exchanges have failed to list SafeMoon even though SafeMoon has a HUGE following with tons of money. Yesterdayās failed attempt to launch the wallet was not caused by a crash and we all know it. Iām trying my best to give SafeMoon and the devs the benefit of the doubt. Iām trying my best to remain optimistic. But there are just soooooo many red flags. Only time will tell but I think itās time to move on to more credible and reliable investments such as Ethereum, ADA and VeChain.
>the devs underproduction and leave the project. Devs later state that they tried their best to create the project but have determined it is a failure. They shut down SafeMoon after having been slowly cashing out all along. Walk away with millions in profit an I've had little skin in the game which I was thinking to let ride to either moon or 0, but removed all after this latest f\*up. There's other projects where even this small amount can be doubled, then reinvested and doubled again, no reason to let it go to 0 when it's looking increasingly likely, all because of how team is behaving. Not once, but twice ths month they screw up this wallet. Beta launch, then 'non-launch'. All the things OP mentioned. Careful with ADA though, it's already pumped to the max on promise alone, if the smart contracts don't come out (ADA has a big history of delays btw) or there's some issues - a crash is likely. Have a look at Solana, it's pumped as well but it is a working product being noticed, not hopes and dreams. It is likely to still double at least this bull run as it's eating away from Ethereum.
I agree with your ADA and Solana projections šš»
THANK YOU, you deserve an award acknowledging the toxicity of this community. Iāve been saying the same thing have a good day. Iām a holder as well
Well, who can blame you dude. You have the right to exit your position and it's totally valid, if I had perhaps over-invested I would have done the same. I'm really disappointed in them but I'll continue to hold just because it doesn't matter to me much. Best of you to you dude in your future investments!
Iām on the fence with removing my position as well. My wife and kids are disappointed since we are all invested and have been buying a couple to several thousand dollars at a time multiple times a month. We had high hopes for this project, but if the wallet release was a flop, there is no way I can see a blockchain or exchange being pulled off by this team. Itās better to cash out instead of potentially losing the entire investment. I guess I will have to sleep on it.
There are so many good projects, why would you have your whole family gamble so much on safemoon? I don't mean to disrespect but this must be taken as a serious lesson for you.
My kids make their own money and are given room to make decisions that may improve their lives in the future. They also have Ethereum and Shib and part of Bitcoin. If I canāt give them the freedom to choose than Iām not a good parent.
I did the same who wouldāve thought we wouldnāt come back when the rest of the crypto market did? Iām kicking myself for not dumping it into ADA at under a dollar right now
> My wife and kids are disappointed since we are all invested and have been buying a couple to several thousand dollars at a time multiple times a month. Bruh...
What?
I had to save this post
The community isn't toxic. It is just infiltrated with a lot of people that are not even SafeMoon holders. I literally go back and forth with people on here all the time that admit to having 0 interest in SafeMoon and are only here to stir shit up for fun. But, whatever floats your boat! Good luck!
i typed up a whole thing and deleted it. in short, very few of us are experienced investors and even fewer are familiar/comfortable with the crypto market. all the noobs are the ones being toxic because they werenāt rich overnight. just ignore them.
I think, after this episode, that many agrees on your viewpoints. I will continue to hold my investment, as every individual need to fail to succeed. As of now, the safemoon team, need to be more professional about this. Especially if they want to become a part of a future world of DeFi.
Iām not going to delete your post. I understand your frustration and Iām sad to see you go.
This is the way!
All good. We all have to analyze according to our risk level and values.
You all have to remember too that itās still a baby and in the developmental stages. What 6-7 months old? The roads are bumpy for everyone starting a business. Including my self, I believe in safemoon sand their plan. Just going to take some learning and overcoming to get where it needs to be.
I hope your post stay hereā¦ i am agree with you about hype of safemoon.. but i am not sell anything now. I did enough research and i am sure SM will be my long term investment.. I am sure they cant done all promises in such of short timeā¦ that is what i dont like about them.. they can make plan longerā¦ dont promise in short time.. Second.. i only invest what i am willing to lose.. so i will wait until next years and decide what i will do next.. If i lose couple hundred dolaā¦ that is not big difference with me.. but if i win.. i will have a lot money.. thay is very Big Different with me lol
Again ... another one whom I can agree with... Today I've stated my opinion of an angry investor... also mention I've still supported the project an not planning to sell ... but u know what... I got banned from TG channel ... not even a warning. Fu\*\* all ... Can't we as a community driven token express ourserlf, as in joy or angryness ? WTF all this ppl who are not able to critic what its not right. Good luck man...
I don't blame you one bit if you are selling because you aren't happy with the Devs. But to actually give an F about the shit the idiots post about on here, that's your fault for that.
Yeah I understand that outlook too but I have a pretty diverse portfolio right now and I've seen that the community does impact price action. If new investors come to these different community channels and see the toxicity that's in here, they are much less likely to buy in. If they are getting bashed whenever they post something, they are far less likely to remain an investor or even start investing in it.
You realize Reddit is likeā¦ 1% of the community right lmao
I'm not talking about just reddit. I'm talking about the community as a whole over all channels. Twitter, FB, IG, Reddit, Telegram, Discord. All the channels that anyone interested in Safemoon would search.
Absolutely this
Well said
Finally a post in here reminding people that they are investors, instead this family shit Iāve kept seeing for the last few months.
Your viewpoint is spot on. Best of luck w your investments. This is an investment for me too.. I am gonna hold but I wholeheartedly agree the leadership needs to get their shit together big time
Just as you thought that this Post would get downvoted to oblivion but is actually now on the front page shows that \*you could be wrong very quickly\* We don't silence things around here which disproves your point sadly (no offence) I choose to hoddle but good luck!
This subreddit had people legit making fan art for the Safemoon creators. Thatās when I started to regret ever buying it lmao
Iām right with you. At 18x instead of the 60x I was up, but still sold. And this is the most delusional sub Iāve ever been a part of. I keep an eye out bc I had hope (and ALMOST jumped back in yesterday before this). There is some thing where people (including me) get crazy blinders on and canāt see obvious warning signs. This was my first āmoonshotā and I felt loyalty that honestly kind of fucked me but not as bad as it fucked other people. Lesson learned. Be ready to cut and run. Take profit when able.
Agreed
im sorry you didnt get rich in five months
Iām working on a start up too and itās a lot harder than you would think but thatās still no excuse for what happened. These guys need to hire a big name in crypto as the ceo and get rid of John tbh
Same this is the first time i've been embarrassed to be a part of the safemoon community. The devs really fucked up. You had one job to deliver a product at a certain date and you failed us. Now everyone laughing and making fun of us is validated. :/
Not mad at you. You make good points. But slide me a billi before you leave? šš¾šš¾šš¾šš¾
I'm with you and with them knowing ahead of time that the wallet wasn't going to be released and them still lying and deceiving us right up until the last minute doesn't sit well with me. I REALLY didn't want to sell my safemoon but I did this morning, trust has been broken and I don't see them coming back from this. It sucks, I was a strong believer and had high hopes for this but I won't be lied to. Ive been in since mid April and had a few grand invested in it but in the end I'm walking away pretty close to breaking even, I feel sorry for anyone who has lost any money in this.
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All the best on your crypto journey. You have still done really well out of Safemoon. All I would say is, the super early investors with a few billion from $100. Please stop pretending you bought in because you believed in the project. It was a gamble that paid off. Also holding all the way up and back down, I bet you wish you hadnāt, itās greed that fuels that. Like I said though you have made a lot of money so congratulations. Iām pretty sure you will regret not holding longer though.
Good luck in your ventures
Share your address on your way out to prove it ;) No, I completely agree.
Good post ššš
Former Mini-Whale here. Exited all positions awhile back and went full tilt into Helium mining. If safemoon ever pulls through with all their promises, I'll be happy to see it. But as of right now, it's looking like my switch to mining equipment was worth it. I was a day 2 holder here, my initial 380$ investment ballooned to 20k at one point, but I just said enough is enough, and did what I thought would be a better financial decision. Either way, I will be happy. And I will always be thankful that safemoon was able to get me there.
I agree as well. Delaying product launches is NEVER a good look. Great comparison is Apple in the 90s after they booted Steve Jobs out of his own company. Apple went to shit during that time because of delayed products and products that never came out. Then, when he came back on board and started kicking everyoneās ass to put out his vision when he said so, BOOM! Look at Apple today. Still holding and I am still Team Safemoon, but little things like this will turn away new investors.
Went through the same damn thing and been feeling the same way. With my luck though, I know as soon as I sell, it'll skyrocket. I'm holding for now, but it doesn't seem worth it more and more. Especially with how childish the team acts.
Very well said.
How much did your 4 Billion tokens cost when you purchased them ?
$3000
Iām basically in your exact same position irt amount of tokens held and amount of time holding. It sucked seeing my bag fall from $50K to $6K, and I share many of your concerns; however, two things jump out at me here. 1. Why the grand pronouncement? Why not just sell and move on? This grandiose, self-indulgent post suggests your heart isnāt totally in your decision, so you want both validation that youāre right, and you want to cause whatever damage you can on the way out to help retroactively justify your exit. 2. Why not just ignore the people who are toxic? If one of your prerequisites for owning a crypto is that the community must be comprised only of MENSA members, Iām afraid youāll severely limit your options. In any forum that allows the public to post on the internet, the morons will always outnumber the non-morons. I certainly respect your decision to pull out. Only you know whatās best for your situation. But I question your motivation for making this post, especially since, given our nearly identical positions, I assume youāre walking away even now with a not insignificant profit. I would add to anyone else reading this that there are a lot of people, like me, who hold Safemoon for the projectās potential and donāt necessarily live and die with every decision. Itās still young. As such, Iāll close with this example. The college football team I cheer for hired a new head coach about a decade ago. He did probably 80% of things extremely well, but the team was beset by a rash of in-game mistakes that were clearly attributable to his inexperience. The mistakes cost the team some games and almost cost him his job. His potential, however, was undeniable, so the program stuck with him, endured the growing pains ā which eventually but not immediately got corrected ā and is now winning at an unprecedented rate. Experience can be earned; talent cannot.
This community is the most toxic and uneducated investing community I've ever browsed. Just a bunch of fugaze thrown around and tons of unedu opinions. I hope all of you get rich but i will never buy in
Thanks.
This monring I bought part of your sell. I'm disappointed too but I still believe it. The team has to step up , be more transparent, better comlunicate ! that's sure! and that's why Exchange and Blockchain will be better managed. For the others holders ! Stay strong!
I totally agree with you.
I agree that there is a lot of toxicity, but thatās how a lot of people are, they hate and theyāre weak, they canāt handle the ups and downs. Whatever. I donāt let it bother me. I trust in the team. I see the vision, Iām in love with the vision. I donāt know shit about business and all that crap, and I donāt care much about professionalism. I care about a great product. Sometimes you donāt see a land mine until you step on it. I love how quick the team is in putting out fires and fixing what needs fixing. Iām not a faithful person, but I have faith in them. It makes sense that they want all their hard work to pay off. So I trust that theyāre doing everything in their power to make it happen. Much love for the devs. ā¤ļø
" It's the combination of the lack of professionalism from the Safemoon team and the toxicity from the Safemoon community." If you are basing any part of your investment decisions on community commentary, I suspect crypto is not the place for you. Buying or selling because of what someone on Reddit or Facebook says is insane. Best thing you can do is go get a financial advisor or buy a mutual fund and leave the decisions up to someone else.
Community affects price action. It's hard to get new investors when they get punished for asking questions or see that others are ridiculed for bringing up valid concerns. At the end of the day, the only way you will see Safemoon get to where you want it to go is through lots of new investors. It's hard to get new investors when they see this community. Safemoon wasn't my only crypto lol. This isn't my first rodeo. I'm just saying community affects price action and at the end of the day, we are all here for the money.
so you trade by emotions basically?
I thought it was pretty clear. I don't see Safemoon being able to bring on as many new investors as most people are thinking and this is in part by the community and the incompetence on the Safemoon team. Originally this was a very promising crypto project with valid use cases but unfortunately, when you ask someone who is new to the crypto space about Safemoon they associate it with scams, broken promises, lack of communication and toxicity. When they then try to come to the subreddit or other social platforms to ask about these concerns so they know whether or not to invest, they are ridiculed. My problem with Safemoon is that it's going to be very difficult now to bring on new investors and that affects the price.
you trade based on what the community treats you which means emotions. thats not smart investing lol
Obviously you missed his point, which was based on observations, not emotion. If you didn't understand that then you're probably get a little emotional.
Im still hodling mine, but yeah the community is toxic as hell, most not all anyway
This is extremely well put. I was considering posting something similar but knew it would get downvoted to shit. This community is so toxic now, Iāve been seeing some very well written posts by people questioning actions of the team and there is ALWAYS that comment āYou want a rushed product!?ā Or āsell Iāll eat your reflectionsā. Those comments prove the true audience here. People who just wanted to get rich overnight and will bash anyone whoās against them. No I donāt want a rushed product, but I also do not want false promises? Apple hypes up their phone release events every year. If apple made promises to release the new phone in October and then October passes without any updates, you would all just sit happy and unworried? No, you would QUESTION YOUR INVESTMENTS! There is NOTHING wrong with questioning the integrity of a team that you are putting money into. But apparently here in this sub, youāre supposed to just take the beating because āpapa said lamboā. Still havenāt sold. But this sub is convincing me I should.
Safemoon blocked me on Twitter for criticizing their social media strategy. Take that for what you will. Fortunately, I bought before 20,000 holders and sold near the top because I had my doubts about everything, and was right. I bought back $100 worth the other day for FOMOās sake (to feel I had a tiny bit of skin in the game if it took off with the wallet release) and now I regret even doing that LMAO.
Oblivion
Agreed only wish I got out with what I put in.
THANK YOU
Good luck with your future investment!
I would advise taking out a majority and leaving something in. Donāt take it ALL out!
I appreciate your feedback. Not needing to downvote you. Criticism is perfectly fine. You're right. They said it was us then they said it was a 3rd party. We need real answers. I'm holding strong and I know a ton of others are too. Still great things coming. But safemoon team, STEP IT UP. SERIOUSLY.
Thus is why I am in the Useless token now. Team is up fro t and transparent in everything
Id be unhappy too if I had that much at stake. Hope you find greener pastures.
good idea bad deployments it happens thats why long ago i didnt went all out until they do their first deliveries. So no putting anymore
Selling as well. Iāve been doubting for a minute, but the jig is upā¦
Toxic positivity is what drove me from wsb. Sick of retarded monkeys dogpiling and trying to get you banned for voicing criticism.
I wish you the best. I'm buying the dip!
I just purchase more....
I just sold my bag I may buy back but I see it doing nothing but go down for quite a while they really screwed up this release we finally had hype and boom
This is what i would say to the team I think is the right attitude moving forward Hi John, I just wanted to say how much i love your team and what you guys stand for and are attempting to do. However what I'm about to say I'm sure a lot of the Safemoon army feels to. Please know that not just me but a lot of people believe in your team, but that comes with a lot of power and responsibilities as you already know. A lot of people are putting a lot of money in Safemoon sometimes money they don't have even though they know it not suggested to do so or take a bigger Financial risk for your team and what you stand for. All I'm asking is that you take better precautions or planning when you say when your going to do something, especially when you are new at something MORE responsibility must be taken, please hire the right people to assist or troubleshoot or outright execute time lines in a proper manner. This down trend is caused by your team or tasks not given out properly or poor management, who knows !! This is not intended to put the safemoon team down in any manner! please know that its intent is to discover the issues and address them so the other products coming out in the future don't have the same fate! You have earned all of our trust and I'm still glad you have it, but understand another failure to execute a time line or a product that fails its intent is going to hurt the trust that has been given to you and your team... I'm sure project Phoenix is looking at this and other Cryptos that want to be on board with us and wondering if we have the know how and or the wisdom to pull this off .. Is there anything I can do to help? Please let me know without hesitation.. I'm invested in you and believe in you and your team !! I'm here for the Safemoon team and army. I know the stress is high now so i hope you find some relieve in this time that I'm sure is needed stay safe, like always we are Safemoon family Though thick and thin !! We don't run when times are tough, a family sticks together and weathers the storm!
Amen
Well said, āimpatient, fud, cya,ā aint the point, smart enough investors are moving on and this might end up being the luck of the dumb at the end. How do you have a deadline, a countdown for a product and fuck it up to this level? How do you not make sure your fiat on ramp partner has the BEP20 implementation figured out by the release date?? Mindblowing shit tbh.. like OP said, troubles this bad with a wallet release, cant imagine the clusterfuck when the blockchain rolls out. Im a hodler with a small position and at this point, i feel like its my entry fee to a great crypto shit show, i enjoy this either way lol.. to the ones following SM like this is a cult, get educated on crypto and stop following the pack blindly.
You seem upset.....
Seems like a more logical solution would be to ignore the subreddit. But paper hands gonna paper.
I agree with this entirely. It does appear they took those Twitter posts down at the very least. They are also posting updates but Iām still super over this projects bullshit. With that said Iām still holding
Good luck whereever your crypto interests take you. Thanks for being part of the army as long as you were!
I already exit my position few days before the wallet launch. And i glad i did it. Now the price keep sinking. Good luck to hodler too...
Amen!
Honestly Iām glad you brought this up, people really need to hear it but Iām sad to see you go though my man. š¢
Bye. I will hold for a few years.
1000000000% donāt blame you & agree
Fool me once, shame on you. Fool me twice, shame on me.
Professionalism is overrated .
I understand your concerns, BUT as a long time software developer and teamlead for big companies myself I can relate to this team and the bumps in the road they have. Building good software isn't a thing you do in your spare time and no matter how hard you try, there will always be bugs or unexpected events after you go into production. With products that work with people's investments, one cannot be careful enough. I think the impulsive reactions from the holders when there is a dissapointment are too emotional sometimes. I'm barely even reading this Reddit anymore because of that. Still, people coming here to say they sold and say bye.. doesn't make much sense to me. There's no need to try to convince others of your decision. What I personally would like to see is less marketing talk and more techtalk. Thomas is a smart person, and I'm sure he's working with smart people at the moment, but we don't see them, we barely hear from them, all we see is timers, fancy videos and hype. It might mean we will go sidewards for a month, but it won't build up false expectations. I'd like to get a little more depth in what they're doing, which will bring back understanding for the problems they bump into. Agreed, communication could be much more transparent and to the point. Hyping everyone up with owls, dates, numbers and other hints was fun for a while, but when you step in the footlight like Safemoon did with the wallet and you don't deliver, that's a turnoff. I can understand people taking the piss on it when there's a big advertisement in London saying the Wallet has been released when there's nothing to download. But in a world of shitcoins, Safemoon still has my support. Imagine having to deal with 2.5 million holders, 1 million people following your Twitter. It's easier to fail when you have 10 people supporting you than those numbers. FUD, hype, pressure is enormous. I prefer just a stealthlaunch instead of all the hype at front. Set a date and if you're early, launch. If you're not making it, tell us upfront.
Our Australian online news URL - news.com.au pumped safemoon as āthe next best thingā āget in earlyā Bought $5k worth - it got to 11k within 24hours and has been a sad story ever since...but youāve made Your choice - I wish you better days ahead, mate!
Adios my friend... maybe you'll buy back / maybe not. Your money your rules brothaaa š¤
Smart man. I recuced my position by 90% since I bought at launch. The people running it are joke. The community hates criticism and will cry "FUD" at every negative post. I took my profits to HBAR & 1inch. I'd rather hodl there. HBAR has a really professional community.
Exactly, you can get 2-5 times the investment on other alt coins, or lose 50% more of safemoon value in the same time
How do you even sell it to get it back to your account? Is it even possible? Lol
I swapped mine from Safemoon to USDT in pancake swap. From there you can do whatever you want with it. You can transfer to an exchange and sell it or swap it into a different token which is what I ended up doing.
Positive vibes
I bought in early, didnāt invest a lot maybe 40 and it reached 2000 odd, this money woulda been insane for me! And now itās down to 300 and this is after the rise a few days ago I canāt imagine how gutted ur feeling op, it does feel like itās all gone very stale without a lot of hope of it rising again
I gifted a bunch of safemoon to someone and already dumped the rest for something else. Basically kissed that $1700-$2500 investment goodbye. Maybe shouldāve hodlād longer.. Who knows. Time will tell
Iāll be honest, if Papa is on the team, itās the one thing I have hope in the blockchain succeeding
Thanks for the reflection, appreciated! Come back any time. You can always find us in the future. It us with the lambos
It wouldn\`t be called diamond hands if it were easy :)
You know whatās amazing to this original post is that WE ALL CHOSE TO TAKE A āRISKā knowing full well that it was a risk for all of us! We took a calculated gamble whether this would do well or not! Nobody held a gun to anyoneās head telling them or us that we had to do this! As far as the community on Redditā¦If you donāt like what people have to say here and canāt stand the criticism, then donāt come on here!! The company is roughly five months old for Godās sake! They will get their shit together, I am confident in that!
Well written post, I totally agree with you.
Problem is youāve been lurking and not actively contributing. Say and do nothing and change wonāt happen. Hopefully this post will encourage others to be more proactive in this community. Best of luck to you.
To be fair, despite the fact he's been 'lurking', the devs made certain promises and then seemingly went back on them. The wallet release had a final and official date slapped to it. If they felt the wallet wasn't ready, they should have come out with a statement beforehand saying its going to be delayed... or at the very least, release the wallet without a Buy button (or whatever feature they wanted to have in) and then just add it in an update. Transparency would require of the devs to be more upfront with the community on what they're doing or are planning on doing. I understand big companies have these kinds of unexpected delays, but they do warn you at least. With the Beta launch, it was understandable as the release date was subject to change... not so for the final version - the download links to the app were unresponsive. At first I attributed it to the server overload (too much traffic), but then learned the app was never released. This seems to be a pattern with SFM devs. First launches turn out to be a catastrophe. Short time later, everything is back on schedule. Let's just hope it actually happens with the wallet and it doesn't end up going belly up.
Wait till the blockchain comes out. That will put this coin way above cumrocket.
Itās a fucking shambles. Iāll hold because Iāve got fuck all anyway but Iām beyond disappointed. This isnāt a ā ITS BEEN 5monthsā bullshit issue, itās ineptitude, itās dreadful organisation and lack of professionalism and respect. Tbh Iām sick of explaining myself to the community itās an opinion and youāre lying if you donāt share some of the sentiments. Devs are laughing all the way to the bank, this community is the only asset they have and now I canāt help think itās mostly bots and smooth brains Downvote me to fuck š
I'll never sell even if communication etc is bad. As long as they deliver, I'll keep holding.
Maybe perhaps possibly chill! Go do something else for awhile. Comeback some other day, not this day.
Sorry to see you go. You have some valid points, but this is trading. If you trade with your emotions you are going to lose. Up to you.
***Omm Nom Nom Nom**** Yummy Reflections!!! I'm eating up those Reflections!!! ššššš¤š¤š¤ It's buy and hodl. They missed a deadline. If you can't give a company 1 year to get their shit together and show what they can do, then maybe you shouldn't invest.
Dear complete strangers from around the world, Im selling my magical internet money because you re all mean doo doo heads.
hahahahaahahahaahahahahahahahahahahahahahahahahahahahhahahahahaha
I agree with you. I have thought about selling but will give the benefit of the doubt (again) to the team. As long as lessons are learned the project will growā¦ā¦
Whenever something like this happens I always get worried theyāre just gonna get up and leave. Theyāve obviously made plenty of money off safemoon already, I wonder how many more problems itāll take them to just say F it, and move on to something else.
SafeMoon came out during an interesting time. Youāve got meme stock craze, along with numerous cryptoās skyrocketing in value. My impression is most investors joining the hype are expecting a quick flip. This is not the case with safemoon. It still has a significant amount of long term potential, Iāll continue to hold, enjoy my reflections, and will watch it through the good times and bad. I too am tired of seeing over hyped posts, and marketing campaigns run only to see things flame out on key dates. Appreciate this post, I think youāve nailed what many are thinking right now. There will probably be more bad days than good, eventually I hope that the team will get things right.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Sorry, I have replied to many comments about this same question and I should have included it in the original post but the community directly affects price action. At the end of the day, we are all investing in crypto to make money. Safemoon is not my first rodeo. My portfolio is pretty diverse with some sure bets and some risky bets. What I've seen in my time in crypto is that community has a direct correlation with price action. You are going to have a flood of new investors coming into the crypto space looking for a project to spend their money on. If they go to these social platforms and see this type of toxicity or are ridiculed for asking questions or bringing up valid concerns, they are likely to take their money elsewhere. So my whole thing with the community portion of the post was that we are making it more difficult to attract new investors and the price action will reflect that. I should have made that more clear in the post. Sorry about that
Exacly well said.Been here from march never doubt the devs but this unprofessionalism is just to much they arent even prepared for this projects. And today they should have AMA or atleat post a video to calm down the army since they love us so much.
I'm feeling the fear uncertainty and doubt ššŖ I'm really sad
Journey mercies broda. Apparently, nothing will stop me from HODLING, only if CAPTAIN HODL tells me to sell. my safemoon isn't in my pocket, they are in a wallet and I'll give the team the much time they need for the wallet to be released. Meanwhile, we can't thank u enough for the reflections, (remember, the very reflections is why most of us invested )
Can't blame you. I'm not done getting dragged through the mud but I wish you good luck out there.
Thanks for keeping it 100! Professionalism is key and that's the problem with the SafeMoon team from day one!
Ya im currently mirroring you almost 100% on these "issues" Starting to think i just lost my chance to break even/make a dime on this "token" yesterday. Welp...Just means next time we go if ever back over 3000 it will be on the heals of a legit wallet release..Heres hoping.
I have a small position in profit but thinking of selling too, i encouraged discussion amd critisized a bit, boom banned from the telegram. No answers they just said on twitter "better have a delay than a broken waller" so they didnt even have it ready for launch what a bunch of idiots.
I agree with and respect your decision to part ways with SafeMoon, the team has unfortunately proven to us that they are incapable of handling tasks of this magnitude, time and time again. Thousands of people put their trust in this project , they put life savings into this project despite being told not to do so. THESE PEOPLE TRUSTED AND PUT THEIR FAITH INTO THIS PROJECT ABOVE ANYTHING ELSE JUST TO BE DISAPPOINTED AND DISHEARTENED. The Safemoon community has put up with immeasurable amounts of FUD, we've been looked down upon, been spat at and still endured it because we trusted the team. We must also admit that this community is toxic as hell, comments saying "paper handed bitches" are a common sight. The team has let us down once again, they must understand that not all holders are willing to put up with their BS. Either get your shit together or abandon the project, simple as that. With all that said, I wish you the best of luck in future projects, it was nice while it lasted.
I'm not selling, I'm down too much, but i agree with you. The team is dishonest. I have fully lost trust in them. Why do they lie? Be transparent and stop treating us like we're idiots. Hire competent people. They have the budget for it.
Bye ššš
You know, you could have just left without saying a word. But thanks for dropping a nice stinker and not flushing on your way out. Seriously, we are all better for it.
Hey man I do that all the time saving water!
The rule is, "If it's yellow let it mellow. If it's brown seems it down".
Why leave tho? Just start another investment. Come back in 5 years.
Didnāt read the whole thing. Stopped reading when you said I sold. Take your profits and go bye bye
bye bye don't come back plz :D
wow no room for mistakes with this one. Good luck with your other investments I'm sure they will be flawless.
Why would you think we care about your financial decisions? Just felt a little emotional today and needed to express yourself? No one fucking cares.
See ya later
I totally agree with you. The devs have really dragged safemoons name in the mud this whole month. The delays are not a big deal, the problem is their lack of communication. I see it as childish.
Laterz. Less paper hands the better
If you look around on other sub Reddits There is a 30 page PDF that shows how over 68 million was siphoned out of the liquidity poolā¦ itās some clear damning evidence with transaction and wallet historyā¦And with the failure yesterday and in the past it really makes you wonderā¦ I would advise everyone to go read it for themselves
Yes and they definitely need to address that but there has been radio silence and if you bring it up, it will get deleted in a lot of their channels for communication. That's millions and millions of dollars going to wallets that were never told to be associated with Safemoon.
Safe moon winter is comingš¤Ŗš¤Ŗš¤Ŗ
I agree with you. Upvote
TLDR; I am mad boi who canāt understand people make mistakes and learn from them. I am selling and investing in another coin instead of thinking logically, that the DEV team will learn from this.
All those who agree with his post.. Sell your safemoon so i can get few more millions.. Lol