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1
Posted on 6/22/22 at 12:45 pm to Shankopotomus
Nexo and FTX seems to be the only ones that are good right now.
Posted on 6/22/22 at 12:48 pm to 21JumpStreet
well for good or bad - FTX is in with large institutional players and has basically become one in their own right
ANYthing else is a mystery right now - considering the government thought "sub prime" was contained in 2007-2008 and then it blew up --- this industry has FAR LESS disclosure and regulation so who really knows ....
ANYthing else is a mystery right now - considering the government thought "sub prime" was contained in 2007-2008 and then it blew up --- this industry has FAR LESS disclosure and regulation so who really knows ....
Posted on 7/1/22 at 7:28 pm to tenderfoot tigah
quote:
Once the institutions start buying stock in Voyager, we will never see these prices again.
Welp, here we are again.
Posted on 7/1/22 at 7:47 pm to slackster
Yep this one is going to zero. Not sure why anyone would trust any of these exchanges. Including Coinbase
Posted on 7/1/22 at 7:49 pm to UltimaParadox
Coinbase didn’t leverage like Voyager & Cel to offer such rates.
Posted on 7/1/22 at 8:01 pm to JayDeerTay84
quote:
Coinbase didn’t leverage like Voyager & Cel to offer such rates.
Coinbase is also losing massive amounts of money. Currently over 3B in debt and having their credit downgraded. Good thing for them they have plenty of customer "assets" to access to pay off debt in these extraordinary circumstances. Just need to halt withdrawals like everyone else.
I do not believe they will go bankrupt tomorrow, but I'm sure revenue is down massively and they were already losing money.
Posted on 7/1/22 at 8:03 pm to tenderfoot tigah
quote:
I'm never going to get cred like Ancient Tiger if y'all keep bumping this thread.
Good for you for not running away from this
Posted on 7/1/22 at 8:06 pm to UltimaParadox
I don’t know. They survived the last one. But yea, No reason to keep coins on the exchange unless actively trading.
Posted on 7/2/22 at 3:11 pm to JayDeerTay84
Voyager was my worst investment in my life and a few of you guys have mentioned to me that you lost even more $ than me. It's horrible that this is happening to us, but there is a chance Voyager allows people to transfer money off the platform. If they do, we need to be ready to sieze the opportunity.
From here on out, we only keep our crypto in personal wallets. We will not make the same mistake twice.
We have the largest crypto launch in years upcoming and we will get our $ back in spades, but this one is still a killer.
Let's continue to work together and grind day in and day out to help each other get ahead in life.
From here on out, we only keep our crypto in personal wallets. We will not make the same mistake twice.
We have the largest crypto launch in years upcoming and we will get our $ back in spades, but this one is still a killer.
Let's continue to work together and grind day in and day out to help each other get ahead in life.
Posted on 7/2/22 at 3:35 pm to JayDeerTay84
quote:
No reason to keep coins on the exchange unless actively trading.
My initial interest has been in trading opportunities. So apart from Coinbase (about which I’ve heard less than stellar reviews), what exchanges do the active traders in here suggest?
I began analyzing trading opportunities in BITI vs. BITO last week. But as far as the actual underlyings (let’s say, the “majors”), who is using what… and why?
Posted on 7/2/22 at 4:07 pm to Jag_Warrior
It's more expensive to trade on CEXes than on DEXes.
Posted on 7/2/22 at 5:20 pm to tenderfoot tigah
Trading fees are one issue. But the more important issues (to me) would be trade execution, pricing (bid/ask spreads) and security.
Posted on 7/2/22 at 5:34 pm to Jag_Warrior
Posted on 7/2/22 at 5:37 pm to Jag_Warrior
FTX
Posted on 7/2/22 at 6:38 pm to Jag_Warrior
quote:
Trading fees are one issue. But the more important issues (to me) would be trade execution, pricing (bid/ask spreads) and security.
The answer is still dexes. Uniswap for Ethereum's network. Pancakeswap for BNB. Orca for Solana. Trader Joe for AVAX.
Kep your coins out of exchanges.
Posted on 7/2/22 at 6:38 pm to DallasTiger11
quote:
FTX
Did you learn nothing from the liquidations?
Posted on 7/2/22 at 6:57 pm to tenderfoot tigah
quote:
Did you learn nothing from the liquidations?
Dude he’s focused on execution and spreads and you are recommending AMMs like pancakeswap
I know there’s peak fear about insolvency right now (deservedly so) but FTX is fine. They are flush with capital which is why they are in a position to bail out half the industry
Posted on 7/2/22 at 7:01 pm to DallasTiger11
That's why I recommended Slingshot. Its designed to be a decentralized exchange (but not AMM)
Posted on 7/2/22 at 10:21 pm to DallasTiger11
quote:
Dude he’s focused on execution and spreads and you are recommending AMMs like pancakeswap
I know there’s peak fear about insolvency right now (deservedly so) but FTX is fine. They are flush with capital which is why they are in a position to bail out half the industry
Good luck. Not your keys not your coins.
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