There are still a lot of naive people in Crypto:
When mtgox was hacked, it still worked for a while, then it crashed completely and until now I still haven't been able to ask for money.
In the past, Minpal lasted for a few days, at the same time, local Chinese exchanges like huobtc, bter,... and most recently bkex all yawned and hung on forever. What floor is Zhusu's too?
Even more famous is that btce also revived a few days later, to the regret of many people who caught the bottom of the revived code. Then cryptsy until now sometimes my brother still reminds me that if he returned the btc, I would be the second richest in the crypto industry in Vietnam.
In general, crypto exchange's core part only has customers. If it cannot be restarted for a while, it will lose its core. When you build a floor, if you don't believe it once, you won't believe it ten thousand times. That's why I skipped ftx, skipping ftt there are many other bets that are much better.
Binance is on another level, it has good management, strong capital, built according to trends, and does not talk about money. The group of other exchanges planning to take on Binance is a bit difficult. Cz retreated, and if Binance overcomes this move, it will be even more accurate and better.
👉 If you need introductory materials on crypto for newbies (KT, PTCB, capital management,) please go to Ric Capital's telegram channel and send me a message.
