Post
Topic
Board Bitcoin Discussion
Re: Don’t make any crazy/suicidal moves in this bear market
by
dunfida
on 16/11/2022, 20:59:23 UTC
Isn't Bitcoin no longer the only option?
I am now skeptical of many altcoins because I believe they will eventually follow the LUNA and FTX trends. And, as you, the OP, have reminded us of similar security bridges in various Crypto exchanges back then, as well as FTX in 2022, the only trust I have now in cryptocurrency is in Bitcoin alone, not any other coin, unless after the bear market any coin that proves its standard.
Luna and FTX are true examples of altcoin collapse even though they are top altcoin projects and exchanges. this is because there are some idiots who work as con artists and cause big projects to crash.

Now no one can be completely trusted anymore because FTX opens old wounds and reminds us that everything is vulnerable and cannot be trusted. Bitcoin is the king coin of choice, it remains decentralized and no one can completely control it.

Everyone is very skeptical right now, I even withdrew some assets from the exchange for the purpose of making it safer.
It did really ending up on opening everyones eyes when it comes or do speak about reality because people get up so confident when it comes to exchange platforms on whom they do really believe that these things

cant happen anymore on these days but they are wrong.People shouldnt really be that confident when it comes to this.There's always probability which people do become shit on these platforms

if they do saw huge sums of money which they can milk into and later on they would really be making out some alibis.