- Nov 6, 2022
- 6 min read

SafeMoon Lowdown (November 6th, 2022)

Updated: Nov 7, 2022

Community Events

Randolph shared,

"London #Safemoon Meet

Saturday December 10th

47 Safemoon investors are paid and confirmed

35 Days to go.

Anyone else fancy a day in London and an evening on the beer. #safemoon prizes to be won 🤫"

SafeMoon Sanctuary held their 16th episode! If you missed it, you can listen by clicking the image below. 👇👇👇

GlennHasABeard added,

"#SafeMoonFamily here is my final show as a @SFMSanctuary co-host. I will be stepping back to focus on background work for the show & to put a lot more focus into the other things I do as a volunteer for #SafeMoon. This is a beginning, not an end."

SFM BERSERKER Tweeted,

"Great meet up today SoCal!!! @TonySemperFi03 @CryptoMima13 @Benji_420 @Blairosophy @Rolando00101735 @Katxkin32 @Staygold_Tom a pleasure meeting Mima and Benji for the first time!!"

Community Content

"Our #SAFEMOONFAMILY is like no other crypto community!

And there are some great ones out there...

-We went through the highs 📈

-We went through the lows 📉

-We are battle-tested🥊

-We are strong together 💪

-We are ready 🚀🌚"

Safemoon Family

"Where is that Saturday #SAFEMOON energy at?? 🔥🔥🔥💪🏾💪🏾

Break it down one time! 🕺🏾🕺🏾🤣🤣🤣🤣🤣🤣"

SafeMoon Juju

Oggi

Food for Thought

Humanity means helping and caring for others. Amongst so many species, humans have the capacity to show love and care and to help others. Humanity means forgetting your own interests when someone needs your assistance.

- SafeMoon Engine

It's never too late to be what you might have been.

- Philosophy Thoughts

When you truly don't care what anyone else thinks of you, you have reached a dangerously awesome level of freedom. Keep being you

- SafeMoon Eve

Discipline is the key to success. You're not born with it, you develop it. So keep at it!

- Success Minded

Blockchain Education

What is a bear trap in trading and how to avoid it?

Learn about the following points in this Cointelegraph educational article:

1. What is a bear trap?

2. How does a bear trap work in crypto markets?

3. Bear traps vs. short-selling

4. Is a bear trap bullish or bearish?

5. How to identify and avoid a bear trap?

What is crypto copy trading and how does it work?

Cryptocurrency trading is a complex skill requiring extensive knowledge of fundamental and technical analysis and the cryptocurrency ecosystem as a whole. As most traders lack the capability to develop a winning trading strategy, they struggle to learn a multitude of skills needed to be a successful investor (who knows how to swim through the steep tides of the waters).

Do amateur traders have no hope, then? Are they left to fend for themselves, speculating about the prices and taking to stride the sharp ups and downs of the cryptocurrency industry? Thankfully, there are tools that help such traders explore the potential of the cryptocurrency industry, simplifying over-complex cryptocurrency trading by following expert traders.

This article discusses what cryptocurrency copy trading is, how it works, its legitimacy and its limitations. It also talks about how a holistic approach to copy trading can play a key role in the evolution of traders. [Source: Cointelegraph]

Blockchain News

South Korean Prosecutors Reveal Terra Co-founder Do Kwon is in Europe

South Korean authorities have revealed that Terra co-founder Do Kwon is in Europe as an illegal immigrant. They claim that there is evidence that Kwon manipulated Terra's market price. Kwon's Korean passport is invalid but he is still said to be using a passport to travel through Europe. His exact whereabouts are still unknown. [Source: Watcher Guru]

‘Nothing Has Worked’: Musk Laments Loss Of Twitter Advertisers And Acknowledges Trying To Back Out Of Deal

On the same day Twitter started laying off thousands of workers, Elon Musk doubled down at an annual investment conference in Manhattan on the challenges he faces in trying to bolster profits for the ailing social media firm he purchased for $44 billion, including a potential advertiser exodus over the proliferation of hate speech on the platform. [Source: Forbes]

Jack Ma-Founded Ant Group Focuses on Blockchain Products as Firm’s Financial Services Struggle

Ant Group, founded by Chinese billionaire Jack Ma, is changing its business alignment by venturing into the blockchain space amid ongoing regulatory pressure that has impacted its financial services.

In particular, the company has launched a blockchain storage engine as part of the ongoing restructuring process, intending to shift to hard tech space, the South China Morning Post reported on November 4.

Under the new product line, Ant Group Digital Technologies released Letus, or Log-structured Efficient Trusted Universal Storage, to lower the storage costs for blockchain systems. [Source: Finbold]

SafeMoon Stats

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SafeMoon Partners

Glow Token

"Merch store coming shortly. I'm currently designing all of the products and it should be out soon. I'm hoping to have it out this weekend. Fingers crossed! 🤞"

- Jared

Glow Token VP of Education