SafeMoon Is Not So Safe

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It looks like SafeMoon is down again and at its current price, it is nearly 90% down from its peak. Kind of sucks if you bought the hype at the top. Hopefully you didn't jump in with both feet.

So SafeMoon is attractive to investors who hope that it 'moons' like doge did. But the reality is that doge is the exception to the rule. More often than not, crappy projects end up worthless.

So while I won't berate anyone for investing in SafeMoon, it is important that they keep in mind the probabilities. Out of 100s only 1 or 2 will not end up worthless.

Frankly, it is like buying lottery tickets and maybe it is easier to just buy lottery tickets directly. But your mileage may vary.

SafeMoon Is Not So Safe | Ecency