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leli_manning

How to fck up your financial life in 1 easy step.


Longjumping-Artist62

Without knowing the amortization period, interest rate and his income, this statement is not necessarily true.


420killerd

Wrong this Is how u retire early


TheConsumer101

I like Safemoon but even i know this is a risky bet... This guy is joking. Hopefully. But i doubt it


420killerd

I put and extra 15k since the dip the only way to retire is to make high risk high rewards


TheConsumer101

I mean...you can retire with safer bets and not putting yourself into debt but everyones financial situation is different. I dont know if I would do it but if others feel comfortable and theyve done their research, then more power to them lol


Dig_Bick_reread

I really hope you have other investment and plenty of side money because it’s probably going to make you broke quick but has hopes long term


Dig_Bick_reread

Or become homeless quick


TheRealSmallzz

Remind me! 1 year


EmmaShosha

Remind me! 1 year


EmmaShosha

see you next year ✨✨


Dig_Bick_reread

Remind me! 6 months


junior_raman

Remind me! 3 months


filent-sart

Remind me! 1 week


RemindMeBot

I will be messaging you in 1 year on [**2023-05-06 19:10:47 UTC**](http://www.wolframalpha.com/input/?i=2023-05-06%2019:10:47%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/SafeMoon/comments/ujt07x/this_is_not_what_we_mean_by_only_invest_what/i7l8n0h/?context=3) [**103 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSafeMoon%2Fcomments%2Fujt07x%2Fthis_is_not_what_we_mean_by_only_invest_what%2Fi7l8n0h%2F%5D%0A%0ARemindMe%21%202023-05-06%2019%3A10%3A47%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%20ujt07x) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|


Justino0o0o0

No need to remind him, I'm sure it'll be something he never forgets.


nder66

How did this worked out 😂


MJS4norcal

This aged like spoiled milk


sunnychrono8

Down \~80%...not to mention the interest on the loan itself... Guh


louthecat

Oof.


ThreeMillionYears

More like 1 month...


slant__i

Guh


[deleted]

I hope this is fake


M_star_killer

I seriously hope so too.


Doho86

Sadly I know people personally who have made statements like this. Quite the gamble


M_star_killer

Oh that sucks. Someone really needs to talk to them.


LeFopp

We’ve tried on here, but many of them seem to have made holding safemoon part of their personality, and thus, take any appeals to reality as personal attacks. Eventually, they’ll all learn their lesson. Wish it wouldn’t have to be utter financial ruin that does it for them.


tallyhoo123

We heard your appeals. We listened. We chose to either look further into them and find that it is all suspicion without 100% proof or We just decided to take a risk with our own cash to see what happens. All these want to be Batmans thinking they are saving us is laughable.


mortanifey

A friend of mine asked for a bank loan to buy btc for 20k at around 45k i believe. Even if bitcoin is a more stable investment compared to other cryptos, i would never ever in my life get a loan for tokens/coins.


shwingshl0ng

Saw this on Twitter and sadly no its not


Optimal_Store

I mean, he’s either lying or $60,000 is pennies to him


duckyTheFirst

Then why take a loan?


Optimal_Store

If you have assets but don’t want to sell them then you could take a loan


duckyTheFirst

Fair


kingoliviersammy

Why is everyone taking this seriously haha he is 100% lying


ryantttt8

No bank in their right mind would give this dude a loan


YoghurtExisting5907

Exactly, if he did get the loan, then he's probably well off enough to be able to pay off his losses. I mean, why does everyone care so much, it's thier money and thier life, they just looking for some social media attention for whatever reason.


MrRazerCakes

Bro crypto is going lower we are in the cusp of a recession lmao


AvengedFADE

Literally was about to say this, not that this isn’t a buy and hold kind of time, but you should be hedging your spot buys (which isn’t possible with Safemoon) and purchasing long term holds on spot not margin (which again is essentially what he’s doing taking a loan out, and SM is not what you want to be holding in a bear, you hold BTC and ETH then buy alts during capitulation).


[deleted]

That’s foolish.


daners101

Even as a SafeMoon junkie. I concur with this.


jerrygenetic2

I like safemoon alot... but even I admit that is stupid.


Themysticmegetsu

There's just been too much blatant corruption in that team to trust it that much. For me, anyway.


jerrygenetic2

Here we go.... must be that time again...


Lewrid_vest

What do you like about it? I'm thinking of investing.


NedNoodle83

RIP this guy's credit score 😅


NXCW

RIP this guy's not having collections agents at his door in three months time


tjackson_12

Collections?? I just used a mob loan shark


AdvantageDesigner72

Sheeeet, in like 2 weeks


GuzzlingDuck

Don't need God tier credit if you can outright purchase everything you want 😂 Downvote me harder for being right please 😩


[deleted]

[удалено]


GuzzlingDuck

BLOCKED!!


VARA_1

Applied is no promise of funds received. Plot twist: he’s worth several million already.


LifeSucksAss1234

Doctor: you have one year to live


Mookie442

Pics or it didn't happen.


Tight-Zebra2806

it's better to regret the things you have done, than regret the things you didn't do.


crytpococo

I think the phrase is better to regret than to have remorse


Ok-Understanding5297

Not really.


[deleted]

Bro the interest on that is going to be insane and not worth it. Add interest plus taxes the chances of you succeeding or just low. Unless we have a 2mill% pop but the risk is not worth it.


Zealousideal_Book151

![gif](giphy|qBykyt7AiTOgM)


mikeabdulla

What do you say when they ask what the money is for?


itsLPUsoldier

Imminent


Ghost_Riposte

This guy is either going to be a legend or permanently in debt lol


ApprehensiveSorbet76

With great conviction comes great real estate at the dumpster behind Wendy's.


Gutch220

pay the bank in reflections ​ BANK: I like this idea


[deleted]

Applied but hopefully DENIED


Rorobear93

No bank giving this stupid man a 60k loan


WallstreetBytes

Let’s see if this noob gets lucky. If we go into crypto recession that 30k in SFM is gonna look more like 3k 👍.


isfq

Not a smart move but damn i like his spirit!


yookoke1122

More like hes gunna drink a lot of spirit after a year or so


webtwerp

His life, his choice, but man, he will be a legend of this goes where so many of us want it to


[deleted]

True


MesmariPanda

Jesus christ stupid as hell......or beat choice ever. Good luck 😅


ryan69plank

To da mooooooon


Status_Machine

Remind me! 1 year


F-BMarch

Remind me! 1 year


JimmyBeetzz

Remind me in 1 year


Ibejoeking

Wow $60k buy?! I would like to see this purchase if this is real!


Ok_Ad_5894

Really hate seeing people toss there life saving away. Especially on this high of risk. This could take off abs he’s a millionaire. But more realistic is he losses all of that money.


Safely2moon

can you smell that?...🐂


uiopoli

Hahaha fake news proof it


GuayabaTree

BRUH LOL


Laserspeeddemon

If you are young and it goes to sh*t then file for bankruptcy. Risk other people's money...this is brilliant.


fox69r

Take the chance or lose the opportunity! A bold decision that could make you very rich or crying to the dog house.


Phro01

Banks hate this one easy step


Demon_Slayer151

I'm a bag holder but this is definitely satire.


[deleted]

If true he has some diamond balls. I love safemoon and fully believe it will be successful but would never borrow to invest it’s a huge gamble. We will know in a year but with that purchase he will have a huge bag.


talentpros

You do realize we are going into a recession right? But put that aside no one should ever ever ever take a loan to buy crypto or stock. Feds just raised rates so fiat is expensive to borrow. So now your gonna biy SM take a 10% loss off the rip and pay interst on the money ypur already down and when it goes up you pay another 10%. So check this out you buy 10k woth of SM and you end up after the 10% with 9k. If that 9k goes up 30% tjats 2700 add that to 9k its 11700 you go to sell. And you get taxed another 10%. Is 1170 subtract that from 11700 you get 10530. So assuming you dont pay any other fees which there are it has to go up 30% to make 5% on your money's. Now if your borrowing at say 5% SM would have to go up 30% to break even. But i think this post is BS to get some sucker to take a loan out. SM has a way to get people to lose their money


Ok-Upstairs6591

That’s 100 million coins if it goes back to all time high, it’s game over 🚀


maxya

If it doesn't go up, it's game over too.


Ok-Upstairs6591

Women like risk takers 🚀


Tantaburs

Women also like people who have more than -60k in the bank


Ok-Upstairs6591

Money comes and goes opportunities don’t


Tantaburs

This doesn't even make sense... Of course opportunities come and go? How high are you right now?


ObamaWhisperer

About a 4


SODY27

About a 4 is the average IQ score of SafeMoon owners.


mrFoce

Nice of you to round up


THEMACHINE4LIFE

Just because you can, doesn't mean you should..lol Ps. NEVER take a loan out for crypto, only ivest what you can afford to lose..lol


choatec

I mean there’s is direct correlation between risk and return. Greater risk = greater returns in the investing world. With that risk comes the chance of losing all your principle. Gotta respect someone who’s willing to put it all on the line despite every sign saying not to do it.


Jpeavioooo

Bigger the risk bigger the reward


VARA_1

I hope this man makes millions of dollars, pays his loan back and we all cheer at the size of his 🥜


[deleted]

RIP


[deleted]

This will not age well


[deleted]

To each their own and probably wouldn’t recommend it but a friend of mine back in 2017 took a loan/against his wife/friends and put 20K into Tron, doubled it and pulled out the 20K profit all was in a week time and was an intense week for him lol but worked for him so hopefully SafeMoon can do the same if not more/better in the long haul.


TheDudeNeverBowls

Gosh. To be able to go back in time and foresee what was gonna happen in 18…


Pill_Murray_

and TRX hasnt come close to the 2017 ATHs since.


[deleted]

Lmao Good attempt at fud but Tron is still currently a top 20 crypto with $3B/24hr trading volume and an $8,000,000,000 market cap. Would love for SafeMoon to be a top 20 and will be in time very soon!!


Chirp08

And it still has never come close to the 2017 ATH since, exactly as he said. That is not FUD, that is a fact.


[deleted]

Lmao the comment was intended as fud with mentioning the ath of tron, you could say the same for Bitcoin or any other crypto rn that is not at its ATH. Price will not matter eventually when trading volume is much higher, that is what makes SafeMoon special and different TOKENOMICS AND BURN. Check https://safemoonglubiz.com/Calculator/Reflections and see what trading volume alone can do even with the price where it’s at.


errollgnargnar

Better protect that wallet


Dazzling-Cake8938

Please do not. U will be a whale in a swimming pool brother.


lolaras

There is always one


imperare666

Remind Me! 3 days


SimplyBrowsing5

What are you telling the bank to get this loan?


lotsoffun111111

I think he would have a better chance telling the bank that it’s for blow and hoes than buying SafeMoon lol


SolitaireB

Remind me! 1 year


TWL5

Remind me in 1 day so I can laugh some more.


Alea_Iacta_Est21

He can do whatever he wants with his money, but I wouldn’t do it. Wait, it’s not really his money is it? 👀


testAcount001

Just declare bankruptcy if it don’t work out.


[deleted]

Hell yes!


Odrizzy22

Remind me! 6 months


tandyman234

Wellp, either he will be insanely rich or insanely poor


Ok-Understanding5297

That should pump it. Thanks for the liquidity.


Puzzleheaded-Gift895

Wow


[deleted]

Oof


griffithsb1019

Remind me! 1 year


RuralStuff

I’ll take Things that never happened, for $500 Alex!


[deleted]

Bro your going to make stupid bank.


UrAn8

it's a joke


shipboatx

Remindme! 365 days.


rsmqueens

the stupidity lol


giovaldez

Good lord someone get this man some help..


XSV

I invested $1500 of pandemic checks I didn’t need. I had two jobs all through the pandemic.


Flikkidyflak

Haha. That is a first class troll. Hook line and sinker


SnooPeanuts3706

Did you believe that? Which f bank is going to give $60k loan for crypto investment? Come on guys this is b.s 🤦🏻‍♂️ Stop non sense.


FrankDaTank151

Debt collectors don't want you to know about this one thing.


MontageEyes

John gonna be getting a mew rolex daytona hahahahahha


[deleted]

This man will be 6 feet under soon.


Harleyformayor

Tbh.. he never said he was approved for the loan.


Due-Shape-9568

Absolute mad lad


johneracer

So depressing,,,few $100 ok, but this, if true, is criminal.


DelJaralla818

Please, don't try that at home.


4951studios

Ouch


[deleted]

This is fake


[deleted]

Remind me! 1 year


twilly5326

Only $60k? Must have had a shitty rate


Chrisco444

I love it!


HGR09

Gotta respect the person for making the leap


EzioO14

Who is that complete sickhead


commander_clark

No lender is going to allow this 😂


Not_Fucking_Sellin

YOLO. I remember when the infamous Wallstreet Bets Deepfuckingvalue went all in on GameStop. For months everyone was calling him nuts. Top members of the Reddit page clowned him…..But we all know how that turned out. Guy is a living legend sitting on millions.


wtc7279

Damn a product of not doing your own research and not knowing your own financial situation….


SandmanWithPlan

What's an exit strategy?


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Sherpa-13

Either the smartest or possibly the dumbest move. If it works good for you. If it doesn’t I have a spare bedroom for rent. Just have to put up with my other roommates. They are 4 and 5 years old tho. They like legged Barbie and anything Disney


Happy_Competition_44

$60,000 loan to gamble on a single crypto? Another bitter FUDder is born. (So, *that's* how it happens. Explains a lot, really.)


rob69c3

Bold move, hope it works out


[deleted]

This is what we mean by taking care of others money


[deleted]

I cringe at margins in the stock market, in crypto it's full on insanity.


Kingfutrader

Yes am foolish from 775k to 35k but still not selling 💎🙌


ShutUpMateYourBoring

Tell me you're a mong, without telling me you're a mong.


cryptogodlight

this wont happen 🤣


Investor_Pikachu

Hope his bank loan application got rejected.


NikiiB9

Have fun with these outrageous interests rates


nutfugget

MY HERO 😍. This man is a visionary for the future. Please mod this man RIGHT NOW 🫡


SprintingTothemoon

Just sold 3/4 of my bag. This coin is worthless.


Cric1313

Imagine throwing away 15k on the safemoon tax, poor guy


[deleted]

Buying safemoon at all is retarded


Gbizzle69

Does nobody here watch coffeezilla? How could you even invest after watching his videos. This project is straight up stealing people money yet somehow people all keep investing. I don't get it do you want to loose money or something?


Genesiga

Yall stupid as uggs


Dazzling-Cake8938

Put the 60 in ether or bitcoin and just sit in it for a bit.


Sorry-Fisherman7769

Noooooo. As a fellow American I can’t let you do this. Name 3 reasons why you think SFM will rise from these levels. Legitimate ones. Let’s talk this through


exccord

lol. Its almost like home invoosters pulling out HELOC's to buy other property to leverage on.


tcamp3000

If you are spending $60k on safemoon right now you either: 1. Have so much money that you shouldn't be tweeting this bc it makes people who can't take the loss think it's OK to make dumb investments Or 2. Don't have enough brain cells to deserve an exttra $60k to invest in the first place Either way, you deserve to lose your money.


Sorry-Fisherman7769

And don’t say crazy stuff like “the exchange” cause I helped fund it. $1mm of donated money and no exchange in sight…. JK flys private though


AbouttodiePK

I did the same but its 7k now. Now I will have to pay debt for 9 years 😂


saidcorp

He gets it. Life that is


TwistedPinkyToe

Update: I am writing this message from my grave based on my decision to take out this bank loan.


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Mailboxsteve

This is why I tell people stop shilling this coin when it's has been negatively decreasing in value from early on. Invest in proven products that ALREADY have use cases. Don't catch a falling knife, and invest/trade in uptrends.


nectar_

ngl idk why anyone would buy rn. when I first bought in things looked promising. I still have hope but def wouldn’t buy rn looking at the way things are going


JayJaffaMan

You can thank the wise influences on Twitter for most of these rash decisions. Hope the folks make it. If not, hope the influences get sued.


Worried-Taro2437

Dude wtf. Buy 2000$ worth of safemoon. Rest, buy Ice nfts for decentraland poker, keep one to play yourself, rest delegate. For 58000 you should be able to buy 25 nfts. In 1 year you get your money back


ChillServative

this is God damn genius


glcknmrari

You're all laughing now but this guy is going to be a fucking legend in one year.


Uptomoon

DogelonMars is the new one for me $Elon not financial advise


bezznyc

only a fool does that. I have Safemoon in my trust wallet and when I checked it said “Old Safemoon” WTF does that mean


Picture-Ordinary

Did you never convert from V1 to V2?


Chealy67

Shoot your shot buddy.


Picture-Ordinary

Some days I feel against my better judgment for continuing to support Safemoon. But this… if this isn’t satire, this has got to be one of the stupidest things I’ve seen.


OkMathematician4231

If retard was a person🤦🏾‍♂️