Put it this way, during the actual winter, there are more interest from certain group of investors who are less desperate. As per certain poll done in Singapore.

While I am far from that group of people... It would make logical sense.

I went in after it went down. I did not buy at the top.

I mainly invest in ETH. ADA is small percentage.


Only invest your own money. Only explain to yourselves. Never borrow money to invest. Your wallet your money. Your hardware wallet, your crypto.

When I started, my bro also almost got interest to invest in mining operations. I advised him, don't do it. Otherwise... would be few hundred k gone.

So a few forumer was able to withdraw from FTX and put in Binance... Now Binance also under FUD... Are you guys affected?

How about Luno, are they 1:1? Or operating under fractional reserve?


Edit: did anyone see CZ say they like the idea that every now and than that they conduct a 100% withdraw to ensure that no hanky panky by the powers in the exchange!

Edit 2: imagine the traditional banks doing a 100% withdraws test. Omg.

This post has been edited by skywardsword: Dec 19 2022, 11:42 AM

ETH is surprisingly holding out pretty well.

I am still waiting for USD300/ETH.

1. If any other exchange files for bankruptcy.
2. If Binance file for bankruptcy..


Will the crypto world be further shaken?

If it does goes down to usd300/eth... I can realize 3 nodes of ETH staking .

will set up three pc with eth staking at three different places.

But I think it will be very unlikely... the support at 1.2k usd seems too great.

I look at Cardano jumping 11% I was like missed it!!!!

I hear from Stock investor saying, during recession, stock market will do well.

I need to hear from Crypto Sifu here, is it the same?

Personally, what I see is tech stock market Untung, will have spill over effect on Crypto.(When I say crypto, I mean the top 5 crypto... not the shit coin.)

Irony of paper currency causing the downfall on cryptocurrency...