Hey guys,
Just a quick reminder to start removing your funds from the exchanges.
• Coinbase:
Recently we saw a clause by Coinbase that it might seize crypto funds of the users if it goes bankrupt. I’ve heard the story where it is just the SEC requirement but it’s better to be safe than sorry. For everyone interested, here is the full article.
• Celcius:
Not a lot to add here. Just read the comment section. They still issue loans and take money from regular people like you and me. Here is a full article.
• For a long time I follow this guy on Twitter, and he has been a great source of information for my financial decisions. He is sharing his thoughts on the current state of the market. Well, guess what? He thinks we need to prepare…
Raoul Pal@RaoulGMI
Remember December 2018? This is exactly what it felt like. Rising rates, oil at the highs, rising dollar, rising inflation, QT and markets breaking everywhere. Then the economy rolled over…
12:40 PM · Jun 13, 2022
375 Reposts · 3.38K Likes
• I work in IT and recently I found that a lot of crypto companies stopped hiring and are not going forward with people who already got job offers. Coinbase and Crypto.com are just one of those. Read more.
This is not the whole list of arguments, but just something that worries me and pushes me to share this information with you. All I’m saying here is do not sell your crypto on “lows” but just move it out from the centralized services that could affect you and stay strong!
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