Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Lessons to be Learned From FTX Collapse
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mika, post: 282824, member: 29399"] The Crypto market is in a bear run for almost a year and within this year a lot of bad things happened to the crypto market which lead the market to crash even further. However, people don’t seem to learn a lesson. When Celsius Network went bankrupt, crypto investors should have learned a lesson and withdrawn their funds from centralized exchanges, but they continued to use centralized exchanges. When your assets are in centralized exchanges, you don’t own your cryptos. If FTX, once the world’s third-biggest exchange, can collapse, what makes you believe Binance and Coinbase will not collapse? These are also centralized exchanges and when you are using these funds, you do not have any control over your funds. One bad decision by these exchanges and your funds will be at risk. Therefore, instead of centralized exchanges, use decentralized exchanges or wallets. The best way to store your assets is by using a hardware wallet or desktop wallet. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Lessons to be Learned From FTX Collapse
Top