Something to think about! — @CryptoSorted on read.cash

@CryptoSorted 25 November 2022 more from that month

Something to think about! What do you think will happen if Binance and BNB ever implodes? 🤔

10 comments

@simon 25 November 2022

Same as FTX - crash, but even bigger.
- @CryptoSorted 25 November 2022
  
  it'll be almost unsurvivable. like an earthquake.
  - @simon 25 November 2022
    
    Nah. Crypto will survive. The USD price might suffer, for sure :)
    - @CryptoSorted 25 November 2022
      
      damn! thinking about it alone already hurts... lol
      - @simon 25 November 2022
        
        I'm pretty sure we're not even done with consequences of FTX and maybe even Luna
      - @CryptoSorted 25 November 2022
        
        I'll start buying the dip in January 2023. Hopefully, 2023 turns out to be like 2019.
      - @simon 25 November 2022
        
        Personally, I think DCA (dollar-cost averaging) is maybe the only sane thing to do. Everything else is just gambling. Though with the inflation, oncoming US recession, China economy, ongoing war, I doubt we'll see increases soon. Just my personal opinion.
      - @CryptoSorted 25 November 2022
        
        I hope the dip lasts longer... so we have enough time to mine fiat to buy it.
@TheEmpressOnNoiseApp 25 November 2022

Cheap Coins to buy due to the market imploding again.
@BitcoinBaby 25 November 2022

We would finally get rid of CEXs and walk the walk that crypto was meant to walk