How to survive in the crypto market barely Part 2

The FTX empire is gone.

https://twitter.com/DU09BTC/status/1591139677108518912

CEO is gone, and the promise is gone.

https://twitter.com/unusual_whales/status/1591146093500600320

It created a huge hole that will ripple the market and industry for a very long time.

https://twitter.com/B1ockGreg/status/1591112759256952832

FTX filed bankruptcy and all investors' money was gone.

https://twitter.com/wassielawyer/status/1591099947461799936

What did we learn from this lesson?

https://twitter.com/DylanLeClair_/status/1591101236329447425

• all centralized exchanges will loss their reputations

• regulations will be more tougher to prevent bank runs

• high leverage loans in crypto will be banned

• FTX CEO will be a lesson from the crypto space

• crypto industry steps back at least 5 years

• the impact will last long time, even forever

All previous crypto companies collapsed may link to FTX and we may know what would happen in weeks.

Empathy for anyone who lost their funds in FTX.

I do wish FTX fiasco can be prevented but apparently, we all were wrong about it.

Long crypto!