Never listen to this guy Kevin, he's delusional. Sam had access to all trades, liquidations, insider info, listings, pumps dumps. Got commissions, Got into project that gave him free tokens, printed billions out of thin air with FTT and somehow he found a way to make losing trades and have shit risk and scam all his investors and customers.
And Kevin is sucking him off, wishing to work with him again?
I've seen some stupid stuff this year but I literally was lmao at this. If you have anything invested in Kevin's company you should exit ASAP.
He seemed so risk adverse in that stupid show but here he is showing not an ounce of risk management before, during, after this FTX thing.
Just remember this idiocy the next time he shills you something on his show or interviews.
Hopefully this is enough characters. This is comedy, I'm pretty sure.
I’m not going anywhere. It’s mostly BTC from here. If I go into a coma for 10+ years I want just BTC.
This thread is to help those who have struggled, can share stories, so we can grow and learn from our mistakes.
The worst thing we can do is not learn from our mistakes. I admit I’ve made a lot of errors and had regrets. I am open about my experience and if I/we can help spread positivity during this time/bear market then we can make it in this space and reach our goals.
However before we pass judgement, remember no one is perfect, we all have made mistakes in our crypto journey - whether it’s FOMO, losing keys, losing crypto on exchanges, buying high selling low, catching falling knifes, telling family and friends about crypto at wrong times, not buying projects early.
I’m surprisingly optimistic despite what I had been through this last decade in millions of opportunity cost.
The number one lesson is cold storage. It has been preached all over this sub especially during this 2022 collapse of centralized exchanges. The only person you can trust is yourself - just not the devil inside you.
In 2014, not thinking about cold storage I lost my bitcoin, doge and other crypto on an exchange. I also missed buying ETH at $1. That experience also made me turn away from the bear market and my perception on the industry. It was a struggle to turn my back on the industry after watching the rise.
The biggest regret I made was not following my gut, and not investing in the bear market (much similar to the one we are now). The sentiment when MtGox collapsed was much worse than now.
The difference is bitcoin is alive and well but much cryptos are dead in the water. In fact if you told people in 2014 that bitcoin would not only get to the impossible “10k” it would surpass that to 20k in 2017 crash and go to 69k in 2021 to only fall to 15k again and everything would think it’s dead, they would think you bought drugs on Silk Road.
Every cycle brings higher highs and lower lows. With each cycle more adopters, believers. There will always be skeptics. The greatest marketing for bitcoin is absolutely free - “bitcoin is still alive”?. Usually that happens after each bear market
Looking at Glassnode’s chart, the current rate of BTC leaving crypto exchange platforms is at its highest in over four years.
“Just 6.95% of Bitcoin is sitting on exchanges, according to Santimentfeed data. There had already been a gradual shift in BTC moving into self-custody going back to Black Thursday (Mar 2020). But with the FTX fallout, this trend has accelerated.”
Earlier this month, Santiment noted that crypto has a history of bouncing when market participants shift their focus away from digital asset exchanges.
“Crypto generally thrives when exchanges are NOT a focal point. The most impactful exchange collapse ever will have lasting shockwaves. But as shown, the key for a turnaround will likely be focus moving away from exchange tokens and back to Bitcoin.”https://preview.redd.it/eefp96h5jn2a1.png?width=2569&format=png&auto=webp&s=ed7eb843ceaeeceeef672fed1a9c36c070940986