After knowing this, what's next now after learning?

What's important is what they can do on their own with selecting the type of platforms they want and having to know why it's the best to use in the first place.

Centralized platforms are better when the platform is trusted, and there are features that it gives that centralized platforms offer.

• Being the middleman in P2P transactions
• Pay transfers from users can be done
• Promos and referrals can be utilized

I'm not sure what else, but mostly that's what I could think of at the top of my head.

For Decentralized Exchanges, it's the anonymity and not worrying about registering anymore, but that's mostly right? I haven't used much of DEXs, that's why I don't know a lot about it, but it's kind of hard if the asset you are trading is not that liquid. You have to pay a considerable fee to get your trade through.

Exciting ideas that you have there. I'm worried about connecting my account to it and having it have a security key. This is a cloud-based type of platform, right? Am I not installed directly on my PC? What if the cloud-based gets hacked or, worse, has access to accounts or something? That's going to be risky, IMO. The advantage of it being installed on my PC is that I can have restrictions on the IP using my API key. I don't want anybody to access my trading positions with my API.

What are your other strategies there as well?

With all the trading volume they get, they would love to have their hands on that kind of volume. Squid game having a more significant value mainly is driven by its name? I guess. It's only used for trading, not actual use, for sure.

The sad part about it is that many people have lost money in LUNA and are probably affected by their living or quality of life, and it's still being used as an asset that has almost 0 value. I saw some portfolio that had $1M on Luna and is now valued at $1000, so it's scary.

The exchange is still benefitting from the trading transactions, so that is probably why it's still not out.

It does seem good to sit back and relax while we have the bear market in the majority of the coins that are tradable. I do hope they will recover and make waves again in the market. I still believe that you can basically make things happen if you are part of the general traders.

Most of the coins that are endorsed have been traded already so it would be hard to recover all the losses.

The thing that I learned in the bear market is patience because you cannot control it tbh.

Easy decision. You can invest in Bitcoin continuously and check how much you can afford to lose and then start from there. It will be hard when you are experiencing trouble with money but if you can, then maybe invest in it continuously. There are other things to consider, but if you are talking about the ones you gave, it's an easy decision.

If you plan your life, you need to be better with your money and only invest in the things you can risk. Don't follow us; this is not advisable for sure. But think it hard for yourself.

Why have I just seen this now, lol? I didn't know that Justin Sun has created his stable coin in his network. Anyway, if it does its job, why not, right? Don't you agree that it's like that?

I do hope that everyone would somehow get compensated with it or something. I think it's a great way that he announced it. The problem was a stable coin so proposing an alternative is a good job for him. Lol.

To be honest, it was about the crypto platform, right? Not directly to Bitcoin. So I don't completely understand why you are frustrated with it. To have your peace of mind, maybe, don't follow that TG channel anymore, and you wouldn't be pissed off with his hidden objective or something. I wouldn't want that to continue as well, that additional info that has nothing to do with anything.

I do hope everyone thinks like you. That you research before believing anything else. It's important to have facts instead of fake news in my country; that's the medium now, lol.

I'm sad that I had just read this when I bought Luna off someone in the exchange. It just lost another 27% of its value, and I think the CEO is not planning to make amends by making the initial holders of the coin return their investments. They are just going to be moved and replaced by another currency. Lol. I hope they make it to a point where they will return or somehow incentivize those who have lost a lot.

I know that Terra and Luna have needed some savings and caused the sale of Bitcoin, causing the price to crash. That's the downside when the assets are dependent on keeping the price stable 1:1. The attacker has flooded the market and made it so that the investments in pools will get unlocked, and since it's pegged and dependent on BTC price, it needed to sell off some BTC to keep it balanced. A more significant amount of money has flooded the market and then dumped it all.

It's easy to profit for the attacker, that's for sure. I know it's estimated to have $800m of gain.

This will be the case now for a more modern theft or something. It's not just the wallet applications but also the trading exchange applications that can be utilized. If there is access to the phone, then they can manage to log in to the app (they are probably hoping that it's still logged in) and then probably withdraw in some way. They could also put to use the wallet apps. Imagine custodial wallets just requiring you to receive an OTP to your device, and you can then send the balance you have on that wallet to another one.

It's going to be a hard thing to do, to manage everything in one device and then lose it. People should be vigilant with their smartphones.

This good news really. I have read multiple articles that making Bitcoin a legal tender in El Salvador, wasn't as expected or what the people wanted and wasn't utilized much. Maybe if they were to discuss this in the ways that would be in a fruitful discussion, why not? Maybe when all the countries represented there provide a great solution to what El Salvador have started and provide possible useful applications to Bitcoin use in their respective countries.

This is exciting to hear, maybe more and more people would be able to buy and get more of it continuously. 

Upon checking your screenshots, you are definitely in a long position. If you check the liquidation price, it's $14414 and you can only get liquidated if the price goes so low. So that's correct that you have made a long position instead of a short position.

That's good that you have managed the right position. I know a lot of people who got burned towards what the market is doing now.

Thanks for sharing this; I didn't know that that kind of thing would happen. I have been trading the spot market in FTX for a year now, and I haven't encountered something like this. I would've understood that if it was smaller, maybe less than $1, but a negative ~$13 is a lot without you knowing about it. Perhaps it's an automatic thing with the mobile application or something. An automatic borrow might be if the balance is less than intended when buying an asset.

Do you have subaccounts there? And please update us on what's going to happen and why that happened.

I know some people who just got into crypto last year, and I think they regret some of their decisions, but they would only want to profit in the short term. They want quick and easy gains, and I do not think that has a lot of chances when you are trying to chase profits instead of being consistent.

The best way is to preserve capital and knows that you can win the trading game if you are consistent enough.

I don't think it will come back anymore to that price, and it might just be the end of Luna. It has just collapsed to the floor and can never go back to its original glory with what happened to it. It's like making Bitcoin history again with the price increase you will make. It can be a gamble on what it could be again, but that's speculation.

I did see some exchanges halting trading with Luna. It's definitely a sad time for those who have already bought something of it and then just lost a lot because of it. Maybe it will tarnish but it can be recovered? You will never know. It's always going to be with the developer that has started it. Maybe they would find a way but it would be very difficult and it would take time.

The better approach to this is to buy at whatever price and then average it down continuously. It's better to spread out evenly within the week. Maybe you can get a better average buy-in price because you will never know when it will go down or perhaps go up in price now. It's now or never.

No one can predict the future, so best to buy at your best.

Well, I think the hype about Elon and the influence that he has now has died down. Maybe if he has something behind his sleeves, then maybe he could somehow influence again the market, basically the people. He is always on the news with all the plans that he has so it's not surprising if he would be able to plan something and make something happen.

---

Doge has always been a shitcoin because it was made to be one. To be accurate, a meme coin. Isn't Elon the reason why Doge raised in value? So how can you say that?

Of course you need internet connection if you are going to generate in some applications. I know that some apps require you to send information or something to them and then while creating a wallet, you would re-enter the seed for them to completely verify.

I do think that it's a bad idea but you need to be sure that your device is safe and secured in terms of viruses or malware.

The best thing that you could do, if you are going to regularly use wallets, is that you need to have a reliable hardware wallet, just like what the other members recommended.

This would be true if many people wanted it to happen. There are no other people who would want that to happen except those who have a lot of money, to begin with. So they can buy more of it. You are saying the risk exists way before anything else, so it's still best to consider other ways to prevent that, right?

We all don't want risk, so we want to take advantage of the market by checking if they will go up in price. Other coins have been skydiving now, and that's the risk involved in investing, and that's just reality. We cannot predict 100%.

The best way to stay alive in the market is to be emotionless and stop losses.