what is your lost from FTX collapse - page 3.

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Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

I know the value of the amount of money varies from person to person, but $120 is a really small loss for this market and a fair price for the lesson you've learned. That's why I think you should feel lucky. :) I used FTX for a while, but then I stopped using it due to a few system failures. Therefore, I did not experience any losses. However, if similar problems occur in Binance one day, many people will get hurt and I can be one of them. Therefore, everyone should definitely adopt the motto "Not your keys , Not your crypto". Thank you for your recommendation and reminder.

Baofeng

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Quote from: blockman on November 17, 2022, 02:57:59 PM

Quote from: babygun on November 17, 2022, 02:46:21 PM

I also didn’t loose any money as I only have coins on Binance and Kraken. Not saying that these can’t go bankrupt like FTX but I think the chance is smaller. But I should probably move some coins to a personal wallet to limit the risk!

You should!
That's why many have been thinking of moving their funds out of exchanges because they don't know when a problem will exist with their current exchanges.
Those that have large funds should make a move before anything else happens, you don't want to be part of anything in the future that's related to hacks and bankruptcy of another exchange.

True, I don't have any on FTX, and to be honest, I haven't heard of it before until it collapses, and maybe that's why I didn't used it by any means.

I have some on Binance as well, but as I have said, I decided to move it out like 2 days ago, the money is not that big though, but it's better that way than to regret later as we don't know the status of any exchange right now. They might be running on fractional reserves, or they don't have the money to back up all the tradings.

CZ though sent an email assuring that Binance has the capital and they are secure, but as we have said, not your keys, not your coins.

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Quote from: babygun on November 17, 2022, 02:46:21 PM

I also didn’t loose any money as I only have coins on Binance and Kraken. Not saying that these can’t go bankrupt like FTX but I think the chance is smaller. But I should probably move some coins to a personal wallet to limit the risk!

You should!
That's why many have been thinking of moving their funds out of exchanges because they don't know when a problem will exist with their current exchanges.
Those that have large funds should make a move before anything else happens, you don't want to be part of anything in the future that's related to hacks and bankruptcy of another exchange.

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Quote from: YuginKadoya on November 17, 2022, 03:36:12 AM

I have never put any crypto in that exchange because I was focused on the old exchange but still have a reliable source that you can truly trust, and my list of exchanges was Poloniex, Binance, OKX, and KuCoin, was the 4 main exchange that I am using, well I am here to say my saddest sympathy to all those that have lost a great deal of money in the FTX, it was likely a rug pull but stating it as a rug pull is a strong word to use, and yes it is more of a bankrupt as the owner have said,

But the Conspiracy theory that Sam Bankman-Fried was only used in these circumstances, and FTX was only used by democrats for the money to use as political money, this is just a theory, but it surely builds in what really happened to FTX, and I really don't want for other established exchange to go on the same road as what Sam Bankman-Fried did,

I also didn’t loose any money as I only have coins on Binance and Kraken. Not saying that these can’t go bankrupt like FTX but I think the chance is smaller. But I should probably move some coins to a personal wallet to limit the risk!

Bobrox

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I know with FTX exchange market almost five years, the only one exchange with lower fees withdrawing transaction and I am excited when withdraw ETH used fee swap on dapp ethereum network market. Binance, Kucoin and Houbi have bigger fees when withdrawing trough Ethereum but in FTX we can withdraw without any fees yet before last year need to pay fees but still under other market.

I don't hold assets in exchange market and FTX only used for buying Ethereum fees only, for exchange trading I used dapp exchange like Uniswap for ethereum network and active with Pancakswap when trading with BSC coin network, I don't loss any fund yet when FTX collapse.

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I have never put any crypto in that exchange because I was focused on the old exchange but still have a reliable source that you can truly trust, and my list of exchanges was Poloniex, Binance, OKX, and KuCoin, was the 4 main exchange that I am using, well I am here to say my saddest sympathy to all those that have lost a great deal of money in the FTX, it was likely a rug pull but stating it as a rug pull is a strong word to use, and yes it is more of a bankrupt as the owner have said,

But the Conspiracy theory that Sam Bankman-Fried was only used in these circumstances, and FTX was only used by democrats for the money to use as political money, this is just a theory, but it surely builds in what really happened to FTX, and I really don't want for other established exchange to go on the same road as what Sam Bankman-Fried did,

Silberman

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Quote from: Reid on November 16, 2022, 10:34:25 AM

Lost amount is undeniably high, I just don't want to say the number as it rubs the heartache that I felt.
The saddest part is, it's not due to bad news about Bitcoin but due to a recent event with an exchange. This will be the norm of us now. Every exchange that will fall will affect all cryptocurrencies values so we might as well be careful on where we would put our money.
If you are a long-term investor, keep it safe at an application that have the highest security.
Short term or traders should also be careful at keeping it with an exchange, if there's profit, get it out of there and just leave the planned capital.

That is without a doubt sad as not only the money has been lost but it is practically impossible to recover it, and even if it was possible to recover a little bit of it then it could take years before it happens, so for those which have lost money with this collapse they can only move on and learn what they can from this, and while starting over your journey will be hard, at least you will do so by being way more cautious about where you store your coins, so it is unlikely that the same will happen to you in the future.

Reid

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Lost amount is undeniably high, I just don't want to say the number as it rubs the heartache that I felt.
The saddest part is, it's not due to bad news about Bitcoin but due to a recent event with an exchange. This will be the norm of us now. Every exchange that will fall will affect all cryptocurrencies values so we might as well be careful on where we would put our money.
If you are a long-term investor, keep it safe at an application that have the highest security.
Short term or traders should also be careful at keeping it with an exchange, if there's profit, get it out of there and just leave the planned capital.

BigBos

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I didn't invest in the SBF (FTX) platform provided so I didn't lose a dime there, $0, but I was affected by the incident that came to FTX after what happened to Terra Luna. I had 3 months of savings in Bitcoin and Altcoins at the start of 2022, and when I saw my portfolio drop 75% of the total, it made me gawk.
Previously I planned not to open a portfolio because it would be stressful if I opened a portfolio. After all, a lot of big storms have happened in the economic world that have had an impact on crypto. I would have previously assumed the money was gone and forgot about it and would have opened 5 years later. but the situation that happened in the crypto world made me panic and try to open my portfolio.

this was quite a shock and caused a mental attack Cry

zasad@

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I have not used centralized exchanges for trading for a long time. If I need a certain coin, then I deposit 500-1000 dollars on the exchange, buy a coin and withdraw this coin to my decentralized wallet. This is not convenient, but it helps to avoid significant losses.

eightdots

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Quote from: Wakate on November 15, 2022, 07:58:35 PM

Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

This is one of the song that many experienced investors used to tell people being careful about exchanges. Since you don't have access to the private keys then it can never be your coins. Even with these kind of senerio that had been happening for long now, some people still keep all their coins on exchanges to hold their and most time, they even stake it and expect big APY which can be profitable but still very risky. We should learn from other people's mistake and keep our coin in our wallet to avoid painful story like this.

You are right about this, and people who did not do what you preach unfortunately suffered great losses. There is no point in keeping your money in the stock market when you are not trading. Why are you taking risks? If you bought a coin and something like FTT happens to you, it's probably too late. These and similar problems are unavoidable in the market. At least for now.

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Quote from: Odusko on November 14, 2022, 09:34:02 AM

$0 because I only used the exchange on a few occasions and I don't leave any balance on the exchange, but I have some close friends who lost huge amounts in the FTX exchange hack and most of them are traders who leave their capital on the exchange.
I don't want to believe that FTX customers have lost their money already because a big exchange like FTX will have a reserve where their settle client's in time such as this

Maybe it’s a conspiracy? There are too many like your friend, and the centralized exchange is really too insecure. I have suffered losses in the exchange again and again, and retail investors can’t guarantee their basic rights at all.

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Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

This is one of the song that many experienced investors used to tell people being careful about exchanges. Since you don't have access to the private keys then it can never be your coins. Even with these kind of senerio that had been happening for long now, some people still keep all their coins on exchanges to hold their and most time, they even stake it and expect big APY which can be profitable but still very risky. We should learn from other people's mistake and keep our coin in our wallet to avoid painful story like this.

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Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

My loss because of FTX bankruptcy was 0.000000$ since I try not to use centralized exchanges, go through KYC and keep my coins there. You said the right thing about "Not your keys , Not your crypto". Then why do you keep losing money? It's time not only to write about it, but also to use it. FTX once again showed how dangerous centralized services are and that they are not to be trusted, no matter how powerful they may be.

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Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Perhaps we all are casualties in this whole FTX issues. Everyone can feel the ripple effect. The entire market can testify to that. We've seen how even Bitcoin and the rest have reacted negatively with dips. Again, those who also have funds in exchanges that heavily depend on FTX for their transactions will also be dealt another blow in days to come. My advice is that those who are should quickly move their funds to a safe place immediately. Since FTX is bankrupted, it's likely those dependent exchanges on it will declare bankruptcy and then hastily disable withdrawals. This is really a trying moment for the crypto industry.

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Quote from: Sayeds56 on November 15, 2022, 09:56:38 AM

I was lucky too for not opening account in FTX exchange because I think Coinbase is Top exchange for its reliable security system and and it is listed on Nasdaq exchange of USA which makes it accountable to its regulators as well as its investors. The 2nd best in my opinion is Binance because they have highest number of listed coins/tokens pairs as well as they secure assets of their account holders by insurance fund. These are the reasons I prefer to deal with these 2 exchanges.

Nearly the same reason, I believe Binance is the best one and have been using it since it first started, and ever since that day I never had the need to use any other exchange.

I remember there was this token gifted to me because of some things I did, not airdrop but like a friend basically, and I wanted to sell that and it was in one weird low level exchange, I registered and sold it and took my cash out, but it’s obvious that we are talking about a horrible one, after a month or so I heard that that exchange closed up and said they were hacked too. So, I can easily say that it’s too common and Binance is literally the only place I can trust, but I understand coinbase too.

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Quote from: CryptoYar on November 15, 2022, 11:58:38 AM

Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Zero (0)! I used this exchange in 2021 and withdrew my funds before un-installing their app

Lucky us. Or i guess you were more prepared if you don't usually keep money in cex. I got my IMX and GODS airdrop that i sold them in there (as they were mostly trading in there). And i even wouldn't have withdrawed my money if they had listed my favourite crypto. Luckily they didn't and i moved my money into binance.

I holded "unu sed leo" there for a long tlme though and played with their leverage which gave me 20x for some reason when others gave less. I guess that was a regional thing. Too bad this happened, i was waiting for their debit card as well and with that i probably would stayed as their customer.

CryptoYar

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Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Zero (0)! I used this exchange in 2021 and withdrew my funds before un-installing their app

Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

Quote from: ?? on ??

$1600. What a sad day

Always remember that exchanges are for trading, not for holding your cryptocurrencies. Use a non-custodial wallet. Or a hardware wallet if possible.

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I had some hundreds dollars of stable token in FTX and i just remember if i had it on my FTX account. I never expect if FTX to go collapse like this fast. I never think that the battle between CZ against SBF will be revealing the true face from FTX. It's very sad for me to lose a few hundreds dollars caused by i can use it to buy some needs to fill my daily life.

Luckily i have been moving lots of my funds from FTX since there was a big dump that came to the crypto market. People shall move on with FTX caused by they must also see another exchange site that may have same behavior like FTX

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Quote from: albon on November 13, 2022, 09:02:40 AM

Quote from: udayantha11 on November 11, 2022, 11:11:32 PM

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

I was very lucky because I did not deposit any money on the FTX platform and never tried to trade on it before, although I used to think that this platform is strong and can survive but it quickly went bankrupt and was hacked, so this teaches us not to trust any exchanges, the only advantage What I need is P2P but I can do without it if my money is in danger of losing, there are those who lost a lot of money on FTX platform, yesterday I checked what users posted on the official telegram group of the FTX platform and found that there are millions of victims.

I was lucky too for not opening account in FTX exchange because I think Coinbase is Top exchange for its reliable security system and and it is listed on Nasdaq exchange of USA which makes it accountable to its regulators as well as its investors. The 2nd best in my opinion is Binance because they have highest number of listed coins/tokens pairs as well as they secure assets of their account holders by insurance fund. These are the reasons I prefer to deal with these 2 exchanges.

Topic: what is your lost from FTX collapse - page 3. (Read 1090 times)