Post
Topic
Board Bitcoin Discussion
Re: 15M BTC goes into self custody
by
taufik123
on 03/12/2022, 02:03:07 UTC
it's time for investor withdraw the money whatever news FTX or something, because when we look a year after halving, it is begin bearish and after investor bought at all, this is the time for them to keep hold it again on custody wallet until 2024. or maybe something bigger than FTX will happen next.
and before the halving, it will be the peak that everyone is waiting for because the bull market will come soon before the halving.
But holding in a custodial wallet until 2024 may not be a matter of time but keeping in a custodial wallet will be the safest way than entrusting in a centralized exchange.

Currently, centralized exchanges are starting to be shunned by investors and as explained by the OP Investors have begun withdrawing their assets from centralized Exchanges after the FTC collapsed and harmed many people.

The event of the collapse of FTX with very many losses will be a dark history for crypto, but when compared to Mt.Gox and referring to the years in its heyday, the event of the collapse of Mt.Gox is still more significant because almost 50% of the crypto market was controlled by Mt.Gox at the time that.

-snip- Mt.Gox operated from 2011 to 2014 and managed to control 46% of the crypto market from 2010 to 2014 because nothing was as popular as Mt.Gox anymore. and FTX controls only 13% of the crypto market from 2019 to 2022.-snip-