The Market is so Fun Right Now!






This much fun that it can shock you every passing minute.
Due to the recent crash and collapse of the Market and FTX, also an FTT token, there has been so much panic and curse widely spread all over the market. People are now demanding every possible exchange to were reserves and proof of assets because they do not want that the exchange they use also does the same thing with them as FTX did and being honestthis is awesome!
People are learning and many of them are not even interested now to hold their coins or assets on a centralized exchange FTX has caused us so much curse but this makes us learn more things and also teaches us how to survive another bear market, for a person like me who has seen such thing happening life for the first time it is shocking, challenging and enjoyable to see how everything works out before I only watched videos relating this or read articles but seeing this life is a new whole level of experience.
I know many people lost everything due to this but here is my opinion, they should not have stored their whole money/assets on 1 single exchange just like people are doing with stablecoins these days because at the current time no one knows when a stable coin gets de-pegged as it happened with UST, it also created fear of stablecoins just like FTX created fear of decentralized exchanges.
Microstrategy
They sold their Bitcoin, some amount. After many months I have seen them selling Bitcoin and being honest, this MF sold his bitcoin during a crash, is he an idiot?
- No!
These are usually done to create panics in the market and force panic selling and you know what whales want, people should lose money so as there is panic selling, the price would drastically drop and whales usually enter at these times and pump more than normal poeple jump in due to FOMO and it results in the way whales want, people lose money.
I LOVE ADA
Charles is one of the most intelligent people in the crypto market as per me and he very well knows and understands Blockchain technology as a whole. Before the recent spike of CNFTs (Cardano NFTs), I analyzed a was in the thought that the NFTs on Cardano are having a very bright future. These types of spikes create hype and therefore, help the whole ecosystem.
Dude, just $400M?
I check 5 times my address if I had to even send $40 and they sent $400 Million to the wrong address, crazy man!
Money does not grow on trees, just like crypto LOL.
FTX Fucked People.
- But I never touched FTX/FTT
Thanks, nothing here is a financial advice but rather my thoughts got shared for entertainment purposes.
SANJAM
For the best experience view this post on Liketu
Congratulations @sanjamkapoors! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPSupport the HiveBuzz project. Vote for our proposal!