11-22-2022, 12:04 AM
This is the first time since 2018 that I’m getting a bit concerned
<!-- SC_OFF --><div class="md"><p>So the bottom is probably in or at least close to it, but this is the first time since 2018-2019 I’m getting worried about crypto in the long term. The continuing bad news about FTX every day keeps showing how much of an utter scam they were and this doesn’t instill a lot of confidence in the public for the second largest crypto exchange in the world. </p> <p>I know Mt. Gox was back in 2013-2014 where 60-70% of people used it for their main exchange but it just feels like way more people are affected by this recent episode. We’re having multiple exchanges/lending platforms go under every other week it seems and fear seems to be pretty prevalent. </p> <p>TL
R- kinda getting unsure about crypto for the coming years so this is a buy signal.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odysseus_Lannister"> /u/Odysseus_Lannister </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0yuu9/this_is_the_first_time_since_2018_that_im_getting/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0yuu9/this_is_the_first_time_since_2018_that_im_getting/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So the bottom is probably in or at least close to it, but this is the first time since 2018-2019 I’m getting worried about crypto in the long term. The continuing bad news about FTX every day keeps showing how much of an utter scam they were and this doesn’t instill a lot of confidence in the public for the second largest crypto exchange in the world. </p> <p>I know Mt. Gox was back in 2013-2014 where 60-70% of people used it for their main exchange but it just feels like way more people are affected by this recent episode. We’re having multiple exchanges/lending platforms go under every other week it seems and fear seems to be pretty prevalent. </p> <p>TL
R- kinda getting unsure about crypto for the coming years so this is a buy signal.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odysseus_Lannister"> /u/Odysseus_Lannister </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0yuu9/this_is_the_first_time_since_2018_that_im_getting/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z0yuu9/this_is_the_first_time_since_2018_that_im_getting/">[comments]</a></span>