Quote from: XEN_Protocol on November 09, 2022, 05:24:37 PM

Galaxy Digital also have over 70 million dollars tied to FTX Exchange, they are now withdrawing 47m $

Good luck with that, if they were the first in the line they might have gotten their money back but if at the time of the article they were in the "process" of it, then they can already write it off. But since the master strategist behind GD is had a tattoo of Luna done one month before the collapse, it's probably zero money recovered, and three times the loss and the exposure.

Also, no, the dump is not starting now because it has started with Do Con and his Terra garbage, which like in a domino effect started crushing investment funds and exchanges and reminding everyone why we call them shitcoisna and shittokens, because there is nothing behind them, there is no real utility, there is no usage, just a ton of wannabe investors moving money that there were never theirs in their place and playing the fraction game ten times the scale banks do and ten times worse.

So, in nothing truly positive happens in the economy, like inflation going under control, the end of the war in Ukraine, or avoiding recession, we will have to keep on watching all this fiasco unfold till we finally weed out every single one of them. But it will come with a lot of pain for the ones that trusted their tokens, that invested money as well for the ones that thought this will be the year of x10 and x20 returns and put another mortgage on their house to catch it.

Quote from: dunfida on November 09, 2022, 07:37:56 PM

And this is where DCA would set in on which it would be just ideal if you do have considerations on accumulations on cheaper prices if you have done on buying on 19-21k price point.

Oh yeah, all the guys that started DCA at the beginning of the year must be thrilled by now with their results.