Quote from: Ojima-ojo on November 22, 2022, 07:18:22 PM

As 2022 is almost coming to an end and haven't been around this forum for a couple of months now, I have learn two vital lessons this year that will guide my journey in the cryptocurrency space.
THE TWO LESSONS
1: I will never trust an exchange, most especially centralized exchanges e.g FTX Binance, etc.
2: never n trust any other coin aside from Bitcoin for long-term goals, most especially the highly centralized altcoin as there are open to external influence just like centralized exchanges are also exposed to external influence.
So I am led to the conclusion that, cryptocurrency is not the problem, but centralization and the human factors are the major set back in the young fast-growing cryptocurrency industry

Good to hear that most of us now are already aware about how those centralized exchanges may lose everything we have in the future. If not with this FTX hacking, people will always trust those online exchanges that have no guarantees if they can always be reliable all the time. Its better to find a hardware wallet that is more secured and reliable than those numerous centralized exchanges online.