What’s the next CEX to go down?
@Poloniex and @GetCoinJar are delisting $CRO from cryptocom
Probably in wake of what’s happened with FTX, cex coins are probably done for
A lot of noobs asking for futures trading advice & if they should start..
I tell them all the same thing. Don't start. I've been doing it 6+ years and it took me 3+ to get good. 95%+ are losers, the other 5% lost until they eventually won.
Way better opportunities in low caps.
CZ helped Elon buy twitter,
Makes one tweet that sends market into turmoil,
Potentially could buy FTX,
This man’s got some serious leverage..
$bnb $eth $btc #cryptocrash $sol #ElonMusk
Two big lessons:
1: Never use a token you created as collateral.
2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.
Binance has never used BNB for collateral, and we have never taken on debt.
Stay #SAFU.🙏