We will not pursue the potential acquisition of FTX

Re:We will not pursue the potential acquisition of FTX by jcpham2 on Wednesday November 09, 2022 @10:45PM (#33541954)

Unfortunately I can echo the crypto space sentiment for as long as such an expression can exist

I’ve never touched Bitfinex/FTX/Binance or any exchange that allows options or leverage. I am a US citizen. Bitstamp Gemini or Coinbase are the only ones I’ll touch

And I’m pissed off that coinbase removed the BTC/USDC trading pair because it had low volume

Why will I not touch them? That’s a long story but I see history repeating itself - fractional reserve Bitcoin banks paying ponzi interest

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Re:We will not pursue the potential acquisition of FTX by BLKNSLVR on Thursday November 10, 2022 @04:26AM (#33544102)

How about Kraken? They've weathered a few winters.

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Re:We will not pursue the potential acquisition of FTX by jcpham2 on Thursday November 10, 2022 @11:09AM (#33548528)

Kraken I trust but I've never used. For perspective, I've traded roughly a million dollars worth of BTC specifically. Most of that was as the knife was falling after the 2017/2018 ATH.

DCA-ing since then, selloff at the top in 2021, pull my limit sell orders, let it crash.

Doing it again now, kinda hard not to take advantage of deflationary 4-year super cycles

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