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Re:Elizabeth Holmes is sentenced to more than 11 years for f... by jongjong on Saturday November 19, 2022 @07:01AM (#33669374)
Fair enough. It sounds like a real roller coaster ride of good luck followed by terrible luck. I understand that it's sometimes unavoidable to move tokens to an exchange when you are about to cash out. The timing was just really unfortunate.

I guess there is a lesson to be learned about investing in tokens which can only be acquired and disposed of on a single exchange; that is a bit of a red flag. Unfortunately, with crypto, it's better to be paranoid. Many governments and big banks don't want crypto to succeed so these kinds of major collapses are to be expected... I wouldn't be surprised if some of them may be orchestrated intentionally.

Re:Elizabeth Holmes is sentenced to more than 11 years for f... by ftxbagholder123 on Saturday November 19, 2022 @04:21PM (#33674844)
Agreed. Well, live and learn. I tried to steer clear of the obviously shady things (like yield farming, etc.) which to me seemed unsustainable all along, but as it turns out, there are ample ways to lose anyway. Thanks for the comment.