Post
Topic
Board Bitcoin Discussion
Re: From Losing Everything in FTX to Starting Over With Bitcoin
by
Mpamaegbu
on 15/06/2025, 16:16:01 UTC
You've been a member of this forum since 2017 and should have learned the difference between an exchange and a non-custodial wallet a long time ago. I find such things incomprehensible, because storing so much value online with clowns like SBF is worse than gambling.
That's the comment I expected to find. I was thinking the same thing too. Yes, while we rejoice with OP for his luck in recovering what seemed to have been lost; we should also say the bitter truth. There are certain mistakes veteran members shouldn't be making, for instance something like this. It's a newbie error. As a trader, I also leave funds on exchanges but it's not something much that can cause panic for me if lost. I know there are risks to that and I've braced up for it but I need to trade and I can't be sending and removing funds every now and then. However I just split funds I trade in top exchanges, not in one.