Sometimes, the world is just giving us opportunities. There are some people who waited this time, especially since the price fall, and for them, it's already a good buy opportunity because some of those people started to hold USD or some stablecoins and just waiting for a good opportunity to buy Bitcoin, and here we go. Some already started to accumulate Bitcoin at cheap price even there are lot of not good events happening right now around the world.

It's really difficult to gain trust after what happened with FTX Exchange now. Some investors already accepted the reality and started to move on.
But Sam Bankman-Fried seems still positive after all that happened, we still don't know what will happen in the future, they just filed Bankruptcy Chapter 11, and they told us that they will still cater to customers. As most affected here for me are those customers, retail customers, or small customers that used FTX Exchange for their live saving.

I feel you. It seems that right now, there's no one can trust, even Decentralize Finance (DeFi) platforms are vulnerable, and even reputable and huge centralize platforms are failing too.
It is also bad timing for all of these since the cryptocurrency market recently started to tank. It seems that no one is an excuse.
But for this issue, I rather go with Decentralize Finance (DeFi) rather than centralized. And another good solution is on Bitcoin, go for Bitcoin and use non-custodial wallets, and that's it.

People must also look on the bright side or positive side because there is a lot of innovation right now that is in cryptocurrency, these negative news or incidents happening on cryptocurrency right now seems to be given along the way.
For me, there is always a lot of positive news and innovation happening and coming to cryptocurrency compare to negative events, so we must be positive always. Take those negative events as lessons as we go along.

It's like a game of waiting. People with patience and dedication are always the winner. If you invested in Bitcoin and are very greedy or can't wait, you are a loser.
Just take an example of when Bitcoin started in 2009 and look where we are now today, it's amazing how far Bitcoin already reached. It's long-term.
I believe that Bitcoin will stay, it's already proven. A lot of cryptocurrencies that already vanish but look how Bitcoin staying on top 1.

Another option is to go on this list: https://bitcoin.org/en/choose-your-wallet
Where you can filter it by what you need like you want it to be android/ios/ desktop with different operating systems and hardware wallets too. It will help you to decide.

About Trust Wallet, I don't like it, because of Binance, Binance is backer of that Trust Wallet and I also don't like that they have their own token (Trust Wallet Token (TWT)) which is don't make sense at all.

Exactly. This is FUD. Fake news. There's no proof at all that Bitcoin bought by El Salvador's president was in FTX Exchange.
Another thing is there's no proof at all too or official statement by El Salvador's government, so expect that this is completely FUD or fake news.

Another thing about Bitcoin adoption in El Salvador, for me it is not a fail. It's a good start and you can see there are already some neighboring countries also looking for Bitcoin to make it legal tender just like what El Salvador did. There are just some people who can't appreciate Bitcoin so they are against with it.

Exactly! This is what other people also suggesting, FTX can do what Bitfinex did before. FTX Exchange is a huge exchange, I believe it is the second biggest exchange after Binance and as you can see, their trading volume is huge too, so what if they continue to operate and continue to earn money by trading fees and other exchange-related operations?

On the other side, FTX did something terrible, suspected that they used customer's fund, so the issue here is different from Bitfinex before which I believe it's very difficult to regain trust of people again.

Even if so, at the end of the day, they still can't control Bitcoin at all. Look how Bitcoin works, you can use it anywhere you are as long as you have an internet connection. That's how Bitcoin is, decentralization.
To be honest, I am not sure if that Bitcoin banking license will work because one of the many uses of Bitcoin is to eliminate banks which we can have our own bank from our pocket, and that's Bitcoin do.

Pure speculation. Always keep in your mind that if you are trading, you can't do 100% every time, that's why there is risk management like using stop-losses just in case your trade will not go accordingly to your plan.
Expect that there are lot of upsides and downsides of emotion when you are trading, you must be aware of it so you can control your emotions too and not to be greedy.

You should also have a personal reason why you are investing or using Bitcoin, because if you will just rely on other people, especially these popular persons, and if anything will happen, you can blame them, right?
You should also research some good reason why you are investing or using Bitcoin, because it is better to understand Bitcoin so you will have idea why you are owning Bitcoin.

This is also what people thinking back in December 2017, if you see that time, Bitcoin created multiple all-time highs during that month or quarter, Bitcoin is bullish that before, last quarter of 2017, and on January, the dump started and that's the started of the bear market during 2018 - 2020. For me, the holiday like Christmas day is not really a thing on the market, especially Bitcoin.

I am curious why Trust Wallet, got have its own token which is Trust Wallet Token (TWT), is this not a conflict of interest? I saw some non-custodial wallets and they don't have any tokens that they own it.
Another thing is this Trust Wallet is tied with Binance, Binance is their huge backer I believe. Even though this wallet is open source, I don't really trust this wallet, just my 2 cents.

I don't think so, if you remember before, Elon Musk having fun on his Twitter-like tweeting some random tweets about Dogecoin or any coins even Bitcoin and you can see the price is moving every time he tweets.
He got knowledge but I am sure it's not that really huge, but we must also believe with Bitcoin because this billionaire guy is also believing so, it's also a relief that he release this kind of statement.

The main problem here is how you can withdraw your funds to FTX, even if you make a ton of profits from your trades, the ending is your funds are locked, and you can't do anything with them.
Now the FTX app is not working anymore, you can't even check your trade if it's still open or already closed. Some people saying that their funds is already gone, like they don't see their balance anymore but there's no legit proof of it as their app is not working anymore.

It seems the contagion started if Crypto.com will follow FTX Exchange.
For me, there are some funds that are locked to Crypto.com, because of their high APY, but your funds are locked for 3 months, it's just sad because I just re-invested only a few days after these issues with centralized exchange happened.

Take Solana as an example of what happened. We all know FTX Exchange is the major backer of Solana and look what happened to Solana, it seems Solana is following the FTT token.
But I believe Solana will still stay even though FTX/Alameda is already out of the market.
Solana is the most used L1 network after Ethereum, so I believe Solana is still worthy, wrong timing only.

This is a very common problem of Proof-of-stake (POS) protocols, this is already proven with other networks, like Solana or Binance Smart Chain.
A lot of people also bash Ethereum becoming Proof-of-stake (POS) because of the centralization problem. Since they are saying that the solution of scalability is this Proof-of-stake (POS) but the decentralization is now the problem.

Exactly. This is also what I am thinking, lol. This is not the first time. If you remember Terra Luna, they have this platform called Anchor where you need to stake LUNA's stablecoin UST with high APY. And shit happens, their APY is 20% which you will get the 20% for a year but in just a day you will lose more than 20% of its value. Really not worth, and now this FTX exchange happened. It's totally devastating.

Exactly, this is very common to some exchanges when you have an open position and the pair you traded will be delisted from the exchange, I believe they did notice this delisting. It will just automatically close.
So for me, they have the right to do this. If OP is worried about closing it's position, OP can use other exchange that FTT is still listed, there are still lot of exchanges that FTT is still available.