I get the whole FTX issue, but if you really are into Bitcoin & crypto, then why haven't you kept your exchange wallets in check? I personally almost never used exchanges.
so you never did day trade, if you did day trade you would realize that the price can rise and fall at any time and that it is easier to keep the coins on the exchange so that when the price drops a lot, the person will be quick to buy and place stop-loss , how would you place stop-loss if you leave coins in the wallet? I would really like to know if this is possible, as far as I know it is not possible to do this
P2P is what bitcoin is really about.
people need exchanges to buy bitcoin using bank account and people need exchanges to day trade
People lost millions, now many key players are backing off. No comments on that as it is a personal choice, yet spreading negativity on youtube & Twitter about the same is pointless.
people are reporting what is happening, they are not spreading negativity
If you have lost something, then somewhere it is also your responsibility.
wrong, the responsibility lies with the exchange, when someone creates an exchange and people put money on that exchange to do day trade, the owner of the exchange has the responsibility of keeping people's money safe, you can consult anyone who understands about laws and you will see that that's how it works, i'm not a legal expert but i read that that's how it works
FTX is responsible for cheating people, but people now making videos about why everyone should back off from crypto is not right & is spreading unnecessary chaos in the market. I am not an expert, but this is simply stupid.
people were deceived and robbed, you wanted them to be silent? they have the right to create videos, post anything to draw the attention of governments and punish those responsible for this exchange
Most of the NEWS is fake & is a decoy from the government to get people out of Bitcoin.
I disagree, most of the news is true, of course there are some that are rumors
I do not trust the news. People who have lost it all in the crypto, it is their own responsibility. It is stupid to trade in any form of currency/commodity without actually having the knowledge about the flow of value. most people who lost it all were in crypto for a quick buck with trading. News & media are propagating the FTX issue as outrageously toxic to Bitcoin & other altcoins.
Bitcoin to me is a trade value in every 5 to 7-year time frame, not every minute.
Centralized Exchanges are just an option.
There is a major difference between spreading negativity and actually reporting what's happening. People on YT are not reporting, they are looking for another topic to post a video about and put ads on it. Yet for tweets about Crypto & Bitcoin, it is just another opportunity to get good reach.
Lastly, I do not play with day trading, stop loss/ take profit or anything else you can describe. Not looking for making a quick buck with bitcoin. It is a technology MOST people don't understand.
& What people don't understand is what they criticize the most when it hurts them.