A losing trade can cause two types of drawdown:
- Financial
- Mental
The financial drawdown is a reflection of your current account balance.
The mental drawdown can influence your future account balance.
As another major #crypto exchange FTX has unfortunately halted withdrawals earlier this week, please keep in mind:
“Not your keys, not your coins”
Do you have your #cryptocurrencies on cold storage?
The failure of FTX & FTT represents the collapse of a corrupt crypto-bank fueled by an inflationary fiat crypto-currency. #Bitcoin is an incorruptible, deflationary asset and ethical network offering property rights & freedom to billions of people.
The FTX collapse is an expensive ad for #Bitcoin. Too many good ideas have been pursued by the #Crypto industry in an unethical, unsound, irresponsible fashion. The only viable future is registered digital assets trading on regulated digital exchanges.
A-bit-of-a-deal news for #Bitorbit!
Getting ready to be presented at the biggest pop culture and gaming event In the Middle East👌🥰
Save the date🗓
10-13 November 2022
South Halls - Expo City Dubai
Check out the details👇👇👇
https://t.co/7R8d583Tyl
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.