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Bernard English

Bernard English
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Monday, December 12, 2022

The Contagion: Fallout and Lessons from FTX and SBF by Scott Hill SOURCE: bombthrower.com



HOW CAN CRYPTOCURRENCY INVESTORS FEEL COMFORTABLE READING stuff LIKE THIS

Know how to move your Crypto off an exchange and onto your wallet. Practice doing it so that you can remove your funds when things go poorly.

During the FTX collapse, the people that could remove their Crypto the day that things started looking bad kept their coins. Others lost theirs.
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Adams at Bankless has coined a phrase that I think explains how to think of exchanges at the moment:

Think of an exchange like a public restroom. Go in, do your business, and get out.

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