facebookHope nobody put too much money into FTX that is now most likely gone. Money can always be earned again; portfolios reassembled. Take a break, review what went wrong and how to improve next time. - Seedly

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Hope nobody put too much money into FTX that is now most likely gone. Money can always be earned again; portfolios reassembled. Take a break, review what went wrong and how to improve next time.

Transparency; I had about 8k USDC inside, along with 150 FTT (at $22 valued at 3k).

Was originally planning on using these cash as bullets and to support my bitcoin miner costs. Now will likely fallback to just DCA in ETH and SOL in maybe a 70/30 fashion and not be too active in crypto.

In terms of where this industry is headed, it is probably the best time for regulators to enact strict rules to protect investors which will kill whatever capital there is left to invest.

Of course, it can still go up if Fed does its pivot but I think you would need a more compelling reason to continuously increase exposure to crypto (if not exiting entirely).

Anyway, as long as you have a job, and it pays money, you're good. Don't dwell too much on losses; we all make them sooner or later. But a complete review of your approach towards crypto should be undertaken. Stay safe folks.

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Cryotosensei

09 Nov 2022

Blogger at diaperfinancingfund.blogspot.com

Bro, isn't SOL the next coin on the chopping block due to FTX and Alameda Research's heavy involvement in it? Stay safe!

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