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Buying SAFEMOON COIN | Crypto Investing

Published on: December 4 2022 by Hayden Bowles

Buying SAFEMOON COIN | Crypto Investing

Buying SAFEMOON COIN | Crypto Investing

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00:00:00 00:00:03 i had absolutely no plans to make this
00:00:02 00:00:05 video but
00:00:03 00:00:07 here we are a lot of people have been
00:00:05 00:00:08 going crazy with crypto a lot of people
00:00:07 00:00:10 moving their money out of the stok
00:00:08 00:00:11 market even
00:00:10 00:00:14 just to put it in some of these crazy
00:00:11 00:00:16 all coins i'm not a big crypto guy my
00:00:14 00:00:18 best move in terms of crypto was buying
00:00:16 00:00:19 bitcoin back when it was at 1800 and i
00:00:18 00:00:21 sold way too soon
00:00:19 00:00:23 in hindsight however here we are with
00:00:21 00:00:25 everything going wild with dogecoin
00:00:23 00:00:27 and now with safe moon i want to tok a
00:00:25 00:00:28 little bit about the crypto market space
00:00:27 00:00:30 i do
00:00:28 00:00:31 own multiple coins i'm gonna tok about
00:00:30 00:00:34 that my buying experience
00:00:31 00:00:35 and overall my opinion on this very
00:00:34 00:00:37 volatile market
00:00:35 00:00:38 so before we get deep into it every
00:00:37 00:00:41 single like on this video
00:00:38 00:00:43 is gonna result in a one dollar purchase
00:00:41 00:00:44 of safe moon for me this month so if we
00:00:43 00:00:45 get 10 000 likes
00:00:44 00:00:47 i'm gonna put ten thousand dollars in if
00:00:45 00:00:48 we get a hundred thousand i'll put a
00:00:47 00:00:50 hundred thousand dollars in
00:00:48 00:00:52 we're just gonna see what happens it's
00:00:50 00:00:54 purely a gamble okay so
00:00:52 00:00:56 that's the first thing second i want you
00:00:54 00:00:57 to comment below and let me know if you
00:00:56 00:00:58 own any crypto i'm curious what your
00:00:57 00:01:00 holdings looks like
00:00:58 00:01:01 you don't have to tok about exact
00:01:00 00:01:03 dollar figures if you don't want to
00:01:01 00:01:05 i just want to see where everyone's at
00:01:03 00:01:06 because honestly part of my hype coin
00:01:05 00:01:07 which is what a lot of people are
00:01:06 00:01:09 calling this
00:01:07 00:01:10 part of my hype coin strategy and i'll
00:01:09 00:01:11 tok about how much money i'm putting
00:01:10 00:01:12 into this
00:01:11 00:01:14 it's just getting an overall sense of
00:01:12 00:01:17 the marketplace i think it's a
00:01:14 00:01:17 reasonable strategy honestly to just get
00:01:17 00:01:19 a feel
00:01:17 00:01:21 for like what people are toking about i
00:01:19 00:01:22 go on youtube and i see you know 14
00:01:21 00:01:24 videos on my home page with like
00:01:22 00:01:25 thumbnails of safe moon and blah blah
00:01:24 00:01:26 blah
00:01:25 00:01:28 and if i think back on the previous
00:01:26 00:01:30 patterns that happened with dogecoin
00:01:28 00:01:31 before it exploded even though it was
00:01:30 00:01:33 already up multiple times over
00:01:31 00:01:35 same thing with bitcoin back in the day
00:01:33 00:01:36 like things you can usually just get a
00:01:35 00:01:37 good idea in terms of studying the
00:01:36 00:01:39 marketplace
00:01:37 00:01:40 i do the same thing inside of my
00:01:39 00:01:42 ecommerce companies and i sell tens of
00:01:40 00:01:43 millions of dollars in products online
00:01:42 00:01:44 every single year so
00:01:43 00:01:45 for those who follow me here on the
00:01:44 00:01:47 channel you know we mostly tok about
00:01:45 00:01:48 ecommerce and real estate and i just
00:01:47 00:01:50 want to make it very clear
00:01:48 00:01:51 this video is not me trying to hype any
00:01:50 00:01:52 coin because ultimately i don't really
00:01:51 00:01:54 care about the outcome of whatever
00:01:52 00:01:56 happens i'd love to make some money sure
00:01:54 00:01:58 but i'm sure to tok about my experience
00:01:56 00:01:59 and kind of the the fun side of things
00:01:58 00:02:00 which for me is buying things like
00:01:59 00:02:02 crypto i do own stoks
00:02:00 00:02:04 i own a couple million bucks worth of
00:02:02 00:02:09 real estate as well so this is just my
00:02:04 00:02:12 overall opinion on this
00:02:13 00:02:17 so about a week ago i took a couple
00:02:16 00:02:18 thousand dollars that i decided hey you
00:02:17 00:02:20 know what
00:02:18 00:02:22 let me just throw this into some crazy
00:02:20 00:02:24 super volatile crypto not bitcoin not
00:02:22 00:02:26 ethereum i think both of those are very
00:02:24 00:02:26 stable and they could be great long-term
00:02:26 00:02:28 purchases
00:02:26 00:02:29 i hold a very small bit of crypto in
00:02:28 00:02:30 terms of long-term
00:02:29 00:02:33 purpose like with a little bit of
00:02:30 00:02:34 bitcoin but anything else for me it's
00:02:33 00:02:35 more so just gambling so i want to say
00:02:34 00:02:37 that here
00:02:35 00:02:38 this is not like my investment strategy
00:02:37 00:02:40 or retirement strategy
00:02:38 00:02:42 this for me is just very very risky it's
00:02:40 00:02:44 high risk with high potential reward
00:02:42 00:02:47 and i saw people i mean some guy
00:02:44 00:02:48 literally went from nothing to having a
00:02:47 00:02:49 million dollars i'm sure there's crazier
00:02:48 00:02:51 stories
00:02:49 00:02:52 just by buying dogecoin which is just
00:02:51 00:02:55 nuts so
00:02:52 00:02:56 this is my uh my wallet here from an app
00:02:55 00:02:59 that's called
00:02:56 00:03:00 trust wallet only 2 300 bucks this is
00:02:59 00:03:03 where i own
00:03:00 00:03:04 basically 99 of this is safe moon and
00:03:03 00:03:06 i've notiked
00:03:04 00:03:07 pretty much there's so much hype around
00:03:06 00:03:09 the word moon and it's really funny to
00:03:07 00:03:11 see elon musk is definitely a huge
00:03:09 00:03:12 proponent of this and again i'm not some
00:03:11 00:03:14 big crypto expert
00:03:12 00:03:15 but i figured it'd be best to buy one
00:03:14 00:03:18 that has the word moon in there
00:03:15 00:03:20 also if you look at the search results
00:03:18 00:03:20 based on the most searched cryptos right
00:03:20 00:03:22 now
00:03:20 00:03:24 it's actually crazy safe moon is one of
00:03:22 00:03:26 those top search results it's been the
00:03:24 00:03:28 top search result for the past week
00:03:26 00:03:29 and it's pretty nuts to see that while
00:03:28 00:03:30 the volume on it has actually been
00:03:29 00:03:32 decreasing
00:03:30 00:03:34 now unlike dogecoin which i will show
00:03:32 00:03:35 you my dogecoin holding here at the end
00:03:34 00:03:37 of this video
00:03:35 00:03:39 with safe moon it's really funny because
00:03:37 00:03:41 there actually is something behind it
00:03:39 00:03:42 there's a little bit of tiknology
00:03:41 00:03:44 you could argue its purpose and its
00:03:42 00:03:46 longevity in the marketplace
00:03:44 00:03:47 but safe moon is unique from one simple
00:03:46 00:03:48 thing if you're not familiar with safe
00:03:47 00:03:50 moon
00:03:48 00:03:53 they reward people who hold the coin
00:03:50 00:03:55 long term i'm not leaving
00:03:53 00:03:56 and this is just bananas anyone who
00:03:55 00:04:00 sells the coin
00:03:56 00:04:02 you're gonna incur a 10 fee
00:04:00 00:04:03 now here's the interesting thing five
00:04:02 00:04:04 percent of that
00:04:03 00:04:06 goes to the platform so first of all
00:04:04 00:04:08 whoever is like transacting all this and
00:04:06 00:04:08 owns it that's bananas they're making so
00:04:08 00:04:11 much money
00:04:08 00:04:12 the other five percent apparently gets
00:04:11 00:04:15 redistributed
00:04:12 00:04:16 back to people who hold the coin so i've
00:04:15 00:04:18 actually notiked over the last week
00:04:16 00:04:22 my total amount of safe moon which by
00:04:18 00:04:24 the way is 337 million it was only 336
00:04:22 00:04:26 million 337 million coins
00:04:24 00:04:29 i've gotten a million extra coins which
00:04:26 00:04:31 is whatever a couple dollars maybe
00:04:29 00:04:32 but that's been redistributed back to me
00:04:31 00:04:34 just for holding the coin
00:04:32 00:04:35 so it's pretty interesting to see that
00:04:34 00:04:36 extra million coins if it goes to a
00:04:35 00:04:38 dollar a coin
00:04:36 00:04:39 i mean obviously it probably won't but i
00:04:38 00:04:41 mean that's a million dollars so it's
00:04:39 00:04:42 pretty crazy to see that perspective now
00:04:41 00:04:44 i bought
00:04:42 00:04:45 in at this coin when it was it and keep
00:04:44 00:04:47 with me here i'm going to put it up on
00:04:45 00:04:47 the screen
00:04:49 00:04:52 .00052
00:04:50 00:04:54 i think is what it was five zeros and
00:04:52 00:04:55 then the digits start
00:04:54 00:04:56 now at one point it got up to where it
00:04:55 00:04:57 was just four zeros and then the digits
00:04:56 00:05:00 start
00:04:57 00:05:01 so it's been very volatile very much so
00:05:00 00:05:05 right now as i record this
00:05:01 00:05:06 it is five zeros six seven four five one
00:05:05 00:05:08 which is up a good amount you know and
00:05:06 00:05:10 so if you actually look at this
00:05:08 00:05:11 what what's a little bit crazy is the
00:05:10 00:05:13 buying process
00:05:11 00:05:15 again i'm not huge in the markets in
00:05:13 00:05:17 terms of like stoks even but crypto
00:05:15 00:05:19 and it was very confusing for me to
00:05:17 00:05:22 research this how to even buy this coin
00:05:19 00:05:22 i had to download something called trust
00:05:22 00:05:24 wallet
00:05:22 00:05:26 you couldn't transfer money in from a
00:05:24 00:05:27 bank i had to use a visa card an old
00:05:26 00:05:28 visa that i have because they don't use
00:05:27 00:05:29 american express
00:05:28 00:05:31 you have to use a visa card they
00:05:29 00:05:34 basically charge the card
00:05:31 00:05:35 which then allows you to put the money
00:05:34 00:05:38 into your trust wallet
00:05:35 00:05:39 you have to buy bnb swap it for smart b
00:05:38 00:05:41 and b is what they call it
00:05:39 00:05:43 and then you can exchange that or
00:05:41 00:05:45 whatever by safe mode
00:05:43 00:05:47 now here's what blows my mind and it
00:05:45 00:05:49 kind of makes me scared for this coin
00:05:47 00:05:50 this is a big warning for anyone
00:05:49 00:05:52 considering buying safe moon whenever
00:05:50 00:05:55 you buy the coin
00:05:52 00:05:57 it's very much so at a market price
00:05:55 00:05:58 which is super volatile now there's
00:05:57 00:06:00 something called slippage
00:05:58 00:06:02 you basically have to set a ten percent
00:06:00 00:06:03 slippage which means for every thousand
00:06:02 00:06:05 dollars you're buying worth
00:06:03 00:06:07 you're setting ten percent which is a
00:06:05 00:06:07 hundred dollars up or down worth of
00:06:07 00:06:10 slippage
00:06:07 00:06:11 so if that price goes down or goes up
00:06:10 00:06:12 it'll still buy
00:06:11 00:06:14 because it's that volatile with its
00:06:12 00:06:16 inner day trading and so
00:06:14 00:06:18 i ultimately went to execute a two
00:06:16 00:06:20 thousand dollar order
00:06:18 00:06:22 a two thousand dollar trade was executed
00:06:20 00:06:23 i only ended up and i'd set a high
00:06:22 00:06:24 slippage because some of the videos that
00:06:23 00:06:25 i watched said that that's a good way to
00:06:24 00:06:27 get it quick
00:06:25 00:06:28 i ended up with only sixteen hundred and
00:06:27 00:06:30 thirty dollars
00:06:28 00:06:32 worth at the time of that execution
00:06:30 00:06:36 which means i lost
00:06:32 00:06:37 over 15 of my entire amount just trying
00:06:36 00:06:38 to buy the coin
00:06:37 00:06:40 and now that makes me a little nervous
00:06:38 00:06:42 on an exit perspective because let's say
00:06:40 00:06:43 the position grows just as a crazy
00:06:42 00:06:45 arbitrary number
00:06:43 00:06:46 a hundred thousand dollars well you go
00:06:45 00:06:48 to sell it you get your 10
00:06:46 00:06:50 penalty but what about the slippage
00:06:48 00:06:52 let's say it's another 10 15 000
00:06:50 00:06:54 you really have to have a crazy gain in
00:06:52 00:06:55 perspective to anything else to make
00:06:54 00:06:57 sense
00:06:55 00:06:59 of ever owning a safe moon so my
00:06:57 00:07:00 strategy here is not to double the money
00:06:59 00:07:01 or whatever it's just a long-term hold
00:07:00 00:07:03 because
00:07:01 00:07:04 if it happens to go to one penny i mean
00:07:03 00:07:06 it is just so
00:07:04 00:07:07 exponential you know your thousand
00:07:06 00:07:09 dollars turns into a million and this is
00:07:07 00:07:12 not investment advice i always say
00:07:09 00:07:14 do not ever invest anything that is more
00:07:12 00:07:16 than you're comfortable losing because
00:07:14 00:07:17 here's my philosophy of high risk stuff
00:07:16 00:07:18 specifically
00:07:17 00:07:20 whatever you're investing should be the
00:07:18 00:07:20 equivalent to whatever you would bet on
00:07:20 00:07:22 a
00:07:20 00:07:23 some stupid game with your friends
00:07:22 00:07:25 whatever you'd bring to the casino
00:07:23 00:07:26 something that would not affect your
00:07:25 00:07:30 ability to eat
00:07:26 00:07:31 pay rent nothing now i'm willing
00:07:30 00:07:33 to go more aggressive with things that
00:07:31 00:07:34 are super safe and for me that's my real
00:07:33 00:07:36 estate or my long-term investment
00:07:34 00:07:37 portfolios that's completely different
00:07:36 00:07:39 but
00:07:37 00:07:41 cryptokurrency just be careful be
00:07:39 00:07:41 logical do your research study the
00:07:41 00:07:43 marketplace
00:07:41 00:07:44 i'm not looking at safe moon from a
00:07:43 00:07:46 tiknical company analysis
00:07:44 00:07:47 i'm purely just going to watch what
00:07:46 00:07:49 happens with the hype and i don't
00:07:47 00:07:51 believe that that's a bad investment
00:07:49 00:07:52 strategy with a super super small
00:07:51 00:07:54 percent of your money so
00:07:52 00:07:55 maybe it's something fun to look into i
00:07:54 00:07:56 just wanted to jump on here and tok a
00:07:55 00:07:58 little bit about it and start a
00:07:56 00:07:59 conversation i want to tok a little bit
00:07:58 00:08:00 more about crypto
00:07:59 00:08:02 again for every single like on this
00:08:00 00:08:05 video i'm gonna be buying a dollar
00:08:02 00:08:07 of safe moons specifically now that
00:08:05 00:08:09 slippage and what happens when i buy it
00:08:07 00:08:10 it might become worth less but i will do
00:08:09 00:08:11 some updates
00:08:10 00:08:13 i'm doing a bunch of research on more
00:08:11 00:08:14 altcoins i'm buying different stuff i
00:08:13 00:08:15 own a little bit of b b
00:08:14 00:08:17 a little bit of aetherium a little bit
00:08:15 00:08:19 of bitcoin nothing too crazy
00:08:17 00:08:21 okay but i'm definitely gonna build out
00:08:19 00:08:21 that portfolio i'm really curious to see
00:08:21 00:08:23 what happens
00:08:21 00:08:24 because as the fed continues to print
00:08:23 00:08:26 more dollars
00:08:24 00:08:28 trillions of dollars you know over 25
00:08:26 00:08:29 percent of the u.s currency's
00:08:28 00:08:30 circulation has been printed in the last
00:08:29 00:08:33 12 months alone
00:08:30 00:08:34 it really affects inflation the rates
00:08:33 00:08:36 can't really go up from the fed because
00:08:34 00:08:37 then the government itself can't afford
00:08:36 00:08:39 to service the debt
00:08:37 00:08:41 the actual fiat currency of the us
00:08:39 00:08:42 dollar is not very strong and it's
00:08:41 00:08:44 something that
00:08:42 00:08:46 in theory and in history has always gone
00:08:44 00:08:48 to zero any fiat currency has always
00:08:46 00:08:48 gone to zero so i don't think it'll last
00:08:48 00:08:50 forever
00:08:48 00:08:52 is crypto a good hedge for that i don't
00:08:50 00:08:53 know i buy real estate because it's a
00:08:52 00:08:55 great hedge against inflation and it
00:08:53 00:08:55 produces cash flow and it's very very
00:08:55 00:08:58 secure
00:08:55 00:09:00 in my opinion but crypto can be another
00:08:58 00:09:01 completely decentralized option
00:09:00 00:09:02 because you're not just toking about
00:09:01 00:09:04 bitcoin something like this where you
00:09:02 00:09:05 have to go like four steps deep to even
00:09:04 00:09:07 get it
00:09:05 00:09:08 it's completely decentralized
00:09:07 00:09:11 tiknically no value
00:09:08 00:09:11 to the us dollar your safe moon is worth
00:09:11 00:09:13 b and b
00:09:11 00:09:15 and then the price of b b changes in
00:09:13 00:09:16 proportion to the us dollar so by the
00:09:15 00:09:17 time you actually sell the safe moon
00:09:16 00:09:19 what you could
00:09:17 00:09:21 sell the b b for exchange for bitcoin
00:09:19 00:09:22 send that to your other wallet and then
00:09:21 00:09:23 exchange it for usd
00:09:22 00:09:26 so much could happen just in the
00:09:23 00:09:28 transaction period so it's a crazy world
00:09:26 00:09:29 let's start a conversation and we're
00:09:28 00:09:30 definitely going to tok a little bit
00:09:29 00:09:31 more about cryptokurrency on this
00:09:30 00:09:33 channel
00:09:31 00:09:34 we tok all things finance a lot of real
00:09:33 00:09:36 estate a lot of fun stuff just
00:09:34 00:09:38 documenting the journey i'm a young 21
00:09:36 00:09:40 year old person who just enjoys finance
00:09:38 00:09:41 i enjoy money i enjoy toking about
00:09:40 00:09:42 different things investing
00:09:41 00:09:44 i love real estate i love e-commerce and
00:09:42 00:09:45 i love dabbling with different things
00:09:44 00:09:47 because finance
00:09:45 00:09:48 interests me so super interesting again
00:09:47 00:09:50 i always want to make it clear
00:09:48 00:09:51 i make a very very healthy amount of
00:09:50 00:09:53 money for my company so
00:09:51 00:09:54 anything i put into crypto i just want
00:09:53 00:09:55 to make it clear i'm not risking this
00:09:54 00:09:58 this is not like
00:09:55 00:10:00 a huge percentage of something for me it
00:09:58 00:10:02 doesn't impact me and i really urge
00:10:00 00:10:04 anyone buying something as high risk
00:10:02 00:10:05 crazy and especially decentralized where
00:10:04 00:10:06 in theory
00:10:05 00:10:08 safe moon the owners of it could just
00:10:06 00:10:08 pull the rug out because they own more
00:10:08 00:10:10 than half of it
00:10:08 00:10:12 there's that argument and debate as well
00:10:10 00:10:13 i always just urge you to please be
00:10:12 00:10:15 careful
00:10:13 00:10:16 do your research and just make sure you
00:10:15 00:10:18 have a sound plan
00:10:16 00:10:20 and understand the risks going in all
00:10:18 00:10:21 right hope you enjoyed this video make
00:10:20 00:10:22 sure to drop a quick like down below
00:10:21 00:10:24 let's start a conversation ask any
00:10:22 00:10:25 questions and fire it away in the
00:10:24 00:10:26 comments section
00:10:25 00:10:33 and with that being said i'll see you in
00:10:26 00:10:33 the next video peace
00:10:36 00:10:38 you

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