Post
Topic
Board Bitcoin Discussion
Re: FTX drama stressing people for no reason | How to stay neutral
by
AmoreJaz
on 28/01/2023, 22:54:29 UTC
FTX drama seems to melt down from people's minds now and we are seeing good recovery signs in the market [ in the long term ].
While I do agree that people are slowly forgetting about FTX, its not necessarily a good thing in the sense that they will start using CEX as bank once again, not learning much by mistake of others. But this was kinda expected anyway, since Mt.Gox fail didn't teach people much so why should FTX.
The worst case of FTX will never be forgotten in crypto history but the effects of its impact have been slowly forgotten because the crypto market is not tied to the FTX case unless only those FTX victims have experienced high losses, but some of them will recover losses from Bitcoin investment assets for the long term. So every FTX case has an important lesson to be careful in managing your assets, invest only in Bitcoin and avoid buying hype coins and don't save funds on exchanges, if from the start everyone follows these steps then until now no one has been harmed by the impact of fraud cases and hacking on crypto.

it will not be the last failure or drama in this market. but people move on and they find a way how to make the most out of this market. if they will give up, they won't recover their losses.