Binance's CEO said that industry players and regulators need to come together to bring transparency in the crypto space.

As the FTX crisis unravelled over the last week, the demand for regulatory clarity and proper crypto framework has soared recently. Head of crypto exchange Binance – Changpeng “CZ” Zhao – said that the firm has spearheaded efforts with other industry players in establishing a global standard for digital assets.

Zhao has recently engaged in a public feud with FTX chief Sam Bankman-Fried triggering the chain of events that led to the collapse of the crypto exchange FTX. The collapse of giants like FTX has completely shaken the crypto industry. It also eroded more than $200 billion from the crypto market in a week’s time. Speaking at a conference in Bali, Zhao said:

“As an industry, we need to increase transparency. We need to work very closely with regulators all around the world to make this industry more robust. There is a strong role for regulators to play but we can’t blame this on any single party”.

The Binance chief also mentioned that Indonesia’s tax regime isn’t optimal and that licenses should be available more easily. He further argued that the “industry is still growing, we are still building”.

The FTX collapse has caught the attention of U.S. lawmakers. Senator Elizabeth Warren said that the FTX fall uncovers fragility in the crypto space. However, Coinbase chief Brian Armstrong slammed the SEC adding that the lack of regulatory clarity is causing more pain.

(Source: Coingape)

Don't keep all your funds in one exchange, diversify your coins and diversify your exchange. Provide stablecoins to hold more when the price drops drastically and becomes a discount price, because that's a good time to enter bigger profits

After reading so many theories, Analysis and the powers of crypto currency in a nation's economy, the greater impact it will bring to developed and fast developing countries. I began to wonder why is crypto currency not accepted in some area's and organization of the world, can we characterized this as lack of information, and awareness to the people. If this be the case, Can we find a way to adopted Crypto Currency as a Subject and integrate it into our school curriculum, or better still as topic and integrate it into Economy's. This has been on my mind, And I honestly need your contribution and your thoughts towards this. I honestly think crypto currency, BTC and ETH for example. Should be adopted globally and accepted by everyone. Thanks

Of course, FOMO has proven to be very reliable for Bitcoin, causing a bullish sentiment, so we have a good chance to see some FOMO sometime later again which will send Bitcoin to da moon.
Were are in a very important situation right now and if no significantly bad news come in, Bitcoin is likely to keep recovering.


Yes, many people are still having fear and are waiting to see if the bottom is in. If such people can get confidence again, we might see 20k very quickly again.  

What lesson did you learn from the market this week?

I personally, learnt to always take profit.

Time management, in my opinion is a skill. A skill that comes naturally to some, while others would strive to attain. Time management skills are valued by employers on a recruitment drive and are always on the lookout for such a skill.

There are always things that are needed to get done and with so little time. That is where time management comes in.
Time management could be defined in a variety of ways. We could safely define management as a process of planning, organizing, directing, controlling of human and material resources to enable the objective achieve its aim/goal.

Time management involves planning, organizing of your tasks, activities and objectives.
Time management is critical and needed to safely achieve the goal set by either an individual or an organization. In an organization, it has been confirmed and proven that being able to effectively manage time has led to an increase in productivity and it’s general output.

Here are some strategies for the effective management of your valuable time.
1. Set a goal: Personally, I like to write down my goals(either short or long term goals). Having a goal would set and prepare your mind and helps an individual to focus on the tasks ahead

2. Plan: Planning is vital when doing literally anything. More important when you want to limit or prevent time wastages. With a plan, you could set and follow a well defined course.

3. Have a scale of preference: Having a scale of preference shows your wants, needs and tasks. It  lets you arrange your tasks in order of importance and highlights your priorities. Having a scale of preference also helps keep you organized.

3. Break larger tasks into smaller ones: Breaking larger tasks into smaller ones helps make the tasks more achievable and easier. It also helps keeps you organized and focused on the tasks

4: Delegate: Delegation is very important in an organization and it helps keep things moving smoothly and quickly. It also helps eliminate time wastage in the workplace.

5. End procrastination: With procrastination, you’re never going to get anything done. You would keep pushing things to do at a later date until they pile up and become a huge problem later on.

6. Do away with distractions: Whatever that doesn’t contribute to the attainment of a set goal is a distraction and should be dropped. All unnecessary things that doesn’t help you achieve your goal is a distraction and distractions greatly help waste time.

Time is a valuable resource that when lost, can never be recovered anymore.

Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.

We often heard about a lot of highly educated youth had no jobs, underemployed, which is very bad today and getting worse day by day. What they often failed to see is it has been norms in the past, do you not know every scientist is borderline poor and bloke, Albert Einstein is not rich, Newton Isaac is bankrupt poor on south sea bubble, Wright brother is poor, we often read about how great are scientist on the textbook who create useful invention to improve life, but there is a catch, the textbook conveniently never mention the scientist personal wealth, it’s apparent textbook censor the information they do not want the kids to know all the scientist are living paycheck to paycheck and borderline poor, where they often has to wagecuck and sell their IP to the government to make a living, if they failed to create any IP they would be rejected just another bloke we often see on the street today, is homeless educated guy not often in the past?

Friedcat of the bitcoin is the modern day jobless highly educated genius, he is often regarded as “genius youth who is living a frugal life”, despite awarded with scholarship, and secure the top spot in the top business school, the guy goes on and create very useful product, create the asicminer, but very quickly the guy just simply goes broke and fall into endless debt burden, his company is broken, life broken and going missing forever after he couldn’t pay the debt he owned, oh how ironically he is just the modernise Newton Isaac in disguise, such a nice addition, so guy listen, keep following the advice of go to school and study hard get good grade, get a good paying job with benefit, you would eventually made it in life, miraculously and magically you would be living happy ending life, it’s fine guy!

Then I’m often getting bombarded with doubt “Do you have a better system than existing one? Do you?” Obviously I don’t have any and I would never come up with one, keep trying to beat the house and to realise how great/lesser a person you are.

House price is soaring, but finance advisor telling me to debt maxxing on house loan 90% loan and 0~10% dp, and it’s fine. Because bank want to increase revenue, increasing house price is what the bank did, by increasing house price, guy would take more loan to buy house, that way bank can increase revenue by increasing house price and increasing the loan to buy house, then bank can charge interest on the house loan to make profit. But what I often heard is guy tell me to debt maxing on house loan, don’t care about saving, it’s a recipe to disaster to me. So guy today hope the house price to collapse and they can shop house on the bargain, that’s one wishful thinking, the bank cartel and house developer wouldn’t allow that to happen, reduce house price would make it bad for bank to sell more house loan, and bad for developer too, the blackrock would stop that effort, however as usual some guy would loss everything due to greed, if over leveraged on house loan, would loss everything.

Hi everyone!!

I hope you are doing good... I'm preparing to invest in crypto one more time, hoping I have better results than the last time.

We are seeing a big dip and I consider it's a great time to buy... I'm gonna invest $30,000 usd which is the biggest part of my savings so I expect not to fail...

I'm doing a long term investment (2 years) at least until the next bitcoin Halving.

1) My first question is about Solana... as it seems to be the most affected. Do you think it's a wise investment, or you consider it too risky?
2) Do you believe Solana could recover it's price and reach again $200 usd?

3) If it's not Solana, which other currencies you consider a potential investment?

4) What do you think about Bitcoin and Ethereum? I believe those are the safest investments, but I'm also looking for something with more space to grow...

5) Do you know or can recommend another currencies other than Solana, Bitcoin or Ethereum?

Thanks in advance!
Kind regards;
Christian Russo

I think in my current situation this topic doesn't suit or maybe ita the best time to post such content I don't know as i am speechless due to this freaking manipulated market crisis. So some teams fucked my dear Bitcoin again haha never mind its not the first time we can do the same with them soon in near future.

I think these are two different questions. First, now when we talk about Amazon, maybe think of the ubiquitous online retailer that has exploded for two decades. Last became one of the largest companies in the world.

But that wasn't always the case—Amazon was once a small startup with no guarantee of success. If we fast forward like now. At that time it was hard to believe that it was possible for a company to grow so big and so fast in such a short span of time.

Back again to crypto. I think there are two ways to look at the state of the crypto industry over the next few years in 2023 or beyond. One is that it will continue to grow and develop, leading to many new opportunities for investors and companies. The second is that it will deflate significantly after a long period of rising prices and unrealistic expectations.

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

Many people want to try their hand at trading because they see it as an opportunity and at first it seems like it's a simple task until you get deeper into it, and then you realize how difficult it is. I only trade spot because it is safer and less risky in my opinion. Trading is not for everyone, but everyone wants to try it to see their results.

There are many traders who had been battling with these mistake but still haven't get out of it because of so many issues. There are some persons who can find it hard to control their emotions and when it comes to trading they normally find it hard to isolate the emotion and focus on what the market can offer in time coming.
Loses is inevitable in trading that is why we should be prepared to lose so that we can stand strong and focus on what we want in a long term period.

How and why?

I'm taking a look at it and I can say that it didn't moved that much during the all time high. And while we're in a bear market, the price of it is just half from its ATH.

And that means to say that it's still got a lot of room to improve when the bear market's done. But I want to hear more about this project before someone has finally convinced me to get some of it.

Lmao, Im what universe you are living right now that didn’t know what's the current market condition? Where do you think those money that will pump the market came from while retail investors is scared while VC is already fucked up big time due to Luna and now FTX messed up situation.

FTX and all project that has an exposure on it will surely go publicly announced an exit following this lose. They are just quiet now but surely they will be known on following weeks since the liquidity that loss on FTX is very huge which we don't know who really benefited on it.

I even don't care who will win. here, the victim is the suers of those exchanges, the investor of FTT, and many people are suffered because of this problem. Why should care about who will win? Whoever the winner, they will never care about us who have been suffering so far. What's happening here, why have two big and top exchanges become like this? And now FTX is really becoming an exchange with very low rank in the CMC. I am sure that both exchanges have their positive and negative sides. But, how some parties spread the FUD and make the FUD much biggger untul crashing the market, this si just a bad way and bad thing. 

Syedd bhai market kuh zada hi react kr rahi hay news p ajj kaal. CPI data koi itna barda incicator ni the k market 1000 points uper chali jeiy woh bhi asay time jab ftx ka drop scene chal raaha hay. I think yeh over reaction tha market ka aur bitcoin wapis 16500$ tak aa jeiy ga in 1 or 2 days kion k koi bhi postive momentum ni bun raha in bitcoin market.

The case of Dogecoin for me now will also depend on the move of the whole cryptocurrency market cap or Bitcoin market.
As you can see, Dogecoin became an indicator for every bull run we already experienced because, most of the time, we can see Dogecoin is starting to pump and after that, the whole market follows Bitcoin. (Excluded the Elon Musk Dogecoin tweets)

Inflation and deflation are common things in the country's economy, of course the biggest influencing factor is the circulation of money and supply, when the amount of money in circulation continues to increase, it is certain that inflation will occur. must be able to control both.

It's a shame that FTX, a top 2 exchange that has several advantages compared to other exchanges this time has to slide down very drastically. Trust in FTX immediately fell in just a few hours because of the problems related to the FTT. Either this is intentional because of competition from exchanges or indeed FTX fundamentals are not that strong.

But from here we can understand that no one guarantees anything in the crypto world, even top exchanges. Coins like LUNA can also crash in a very short time, especially shit coins. This indicates that the crypto industry is indeed very risky, therefore we must always be vigilant and up-to-date so that we can anticipate various possibilities. It is possible for FTT to be like LUNA, but I personally don't expect that. Let's try to see first how the development of FTX and how they overcome this.