What a night for crypto yesterday! I believe most of you around here keep your BTC or other currencies in your wallets anyway. But what do you think about the impact of this?
-Karl
Yet another lesson to keep your stash in cold storage. It’s sad that people get burnt like this but leaving your stash in the control of a third party is always asking for trouble.
I managed to buy a nice amount at $16,1xx last night. Withdrawn from Coinbase straight away & into a device that only I can access
Regarding the demise of FTX, it’ll hurt the industry short term but we will recover & see new ATH’s within 3 years. I’ve been heavily involved in bitcoin since 2014, this is nothing we haven’t seen before, just a minor speed bump on the route to global mainstream adoption
I've been on 2 halving season and I see more worse than this that's why I'm not worried about the possible outcome since for sure another bull run will came in future. This is the best time to accumulate and that's what I currently do. Also I'm also monitoring to see on when do I do long or I will take short since market still unknown on when thing became in good shape.
As we see a good adoption happened for sure this dumping scenario is just nothing since for what adoption achieve by bitcoin this year it has a high chance it will be double or get more global acceptance in future.