Reflections on this analysis 4 years later
$BNB has indeed become a multifaceted coin
- MOE within BSC ecosystem & IRL
- Operating capital for most crypto traders
- Better SOV than $BTC and $ETH
- Launchpad access card
Tend to think $BNB and @cz_binance continue to outperform
FTX aside, avoid businesses/exchanges/projects that:
- are not profitable (musical chairs)
- survive by selling their own tokens
- give high incentives for locking your tokens
- have a large total supply, but only a small circulation supply
- involves loans
Stay #SAFU 🙏
#FTX
I am scared what circumstances are going to happen after few couple of days.
It is obvious that regulations across crypto will be more strict and it should bother every member of crypto community.
😓