so98nn
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November 12, 2022, 07:23:04 PM |
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I lost the trust from exchanges one more time and gained lesson that always trade quickly on them and move your assets to hardware wallets. Now I am more happy that I have invested on hardware wallets and I am keeping my coins locked up there for better future. I don’t know why traders usually tend to put up so much money on the exchanger and leave it there unattended. They will never take the responsibility for it and that is also one of the key point they will add into their Terms of Services. So they always get an upper hand when such situation arises and peeps loose the money.
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Blowon
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November 12, 2022, 09:20:11 PM |
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I didn't experience a loss on the FTX exchange, it's just that I suffered a loss on the FTT token of almost $ 700, there was a lot of drama at the end, starting from Luna to FTX, sometimes I'm confused about what I can believe, because of this incident I want to withdraw all my assets from any exchange and use them if needed
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BitcoinPanther
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November 12, 2022, 09:26:54 PM |
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I haven't heard FTX until it became the headline of a news. So with that, I say I have not lost anything from FTX collapse. Beside even if I known the exchange, I think I wouldn't have any losses because I always keep my fund in my wallet. I only use exchanges to convert one coins to another coins and withdraw it after the conversion. As one being involved in the cryptocurrency, this "not your keys not your coin' phrase should be the first one we understand when it comes to using exchanges.
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wheelz1200
Legendary
Online
Activity: 3710
Merit: 1409
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November 12, 2022, 09:27:37 PM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
Not to kick anyone when they are down but this happens so much why do people keep insisting on using an exchange as a wallet? Outside of the people that got caught up the day it happened there shouldn't be any money on theor platform. It's just an exchange that's it. People need to learn but unfortunately this will happen again.
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lalabotax
Full Member
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Offline
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
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November 12, 2022, 10:29:54 PM |
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As long as I am still holding my coins, I don't think that I am losing my money. My portfolio is only decreasing, like what happened in the other crash market as usual. Here, as long as we don't get panic enough, we can still control ourselves to hold the coins. Except that we are having FTT, this may be different because we must manage our money in this coin. Btw, for some reason, this crash market precisely gives me more chances to add some coins by buying at a lower price. But, I really expect that this problem will solve soon and will not continue to the worse situation.
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bittick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 12, 2022, 11:07:01 PM |
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indeed investing in ftt such bad idea, it was such a good coin back then and now it becomes shit coins, even though my investments in ftt isn't that much regardless still a loss, can't imagine so many out there are losing millions in this definitely not because their fault but because the companies itself, I think we should think twice in term of investing, maybe diversifying seems like a good idea now that it seems literally the highest ranked coin could lose its value so easily.
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uneng
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2022, 02:41:36 AM |
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Nothing. Actually, I've heard too little about this exchange until the bankruptcy happened, although it was listed as the second biggest exchange of crypto market. All I knew about it was a kind of 'meme' created from a picture of the ex-CEO SBF kind of smilling in a very bizarre way, and that he was purchasing another bankrupted crypto companies. Well, it didn't last 6 months and FTX was found to be on the same bad conditions. For people who lost funds it's time to rebuild and from now on adopting a new strategy when investing funds virtually. indeed investing in ftt such bad idea, it was such a good coin back then and now it becomes shit coins, even though my investments in ftt isn't that much regardless still a loss, can't imagine so many out there are losing millions in this definitely not because their fault but because the companies itself, I think we should think twice in term of investing, maybe diversifying seems like a good idea now that it seems literally the highest ranked coin could lose its value so easily.
It was good because they were manipulating the price artifitially with customers' money. I think now people must be very careful with native tokens from exchanges. Don't invest a significant portion of your holdings on them.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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danherbias07
Legendary
Offline
Activity: 3220
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
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November 13, 2022, 04:00:52 AM |
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If it's a loss about the dump then it's a big one but I don't want to compute it. That creates stress so better just to leave it there and wait for the pump again. If it's a loss in the exchange mentioned then it's none. I have not used that exchange yet even though they are one of the popular names. Binance is still my first choice then next to it is Kucoin. Well, thankfully this two had never let me down and that's the reason why I never switched to any exchange yet.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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albon
Legendary
Offline
Activity: 1792
Merit: 1458
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November 13, 2022, 02:02:40 PM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I was very lucky because I did not deposit any money on the FTX platform and never tried to trade on it before, although I used to think that this platform is strong and can survive but it quickly went bankrupt and was hacked, so this teaches us not to trust any exchanges, the only advantage What I need is P2P but I can do without it if my money is in danger of losing, there are those who lost a lot of money on FTX platform, yesterday I checked what users posted on the official telegram group of the FTX platform and found that there are millions of victims.
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poodle63
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November 13, 2022, 03:24:11 PM |
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I lost nothing for sure. the fact that if these days people were never care with their money. There are so many people who have been loosing caused by FTX. The worst thing is FTX was also getting hacked and the remaining funds in the exchange site got drained too. Im so lucky enough caused by i have withdrawn all of my money. it's not so lucky for my friends who have been storing majority of their funds on FTX. The fact that if these days people are always saying that CEX far better than storing their funds on their wallet but the truth have been told them all if cex was also a very risky place to everything.
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traderethereum
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2022, 04:13:15 PM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I'm thankful I didn't lose money with the FTX crash because I didn't use FTX for trading or anything else. Even though at the beginning FTX launched, I was tempted to try to join. But apparently, I didn't join and stayed on Binance to trade. This is a valuable lesson for every trader and investor not to leave their coins on the exchange because this FTX case could happen to other exchanges. We have to be careful in choosing the exchange and storing our assets there and if we don't trade very often, it's best to keep your assets in another wallet.
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SirLancelot
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November 13, 2022, 08:22:31 PM |
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If it's a loss about the dump then it's a big one but I don't want to compute it. That creates stress so better just to leave it there and wait for the pump again. If it's a loss in the exchange mentioned then it's none. I have not used that exchange yet even though they are one of the popular names. Binance is still my first choice then next to it is Kucoin. Well, thankfully this two had never let me down and that's the reason why I never switched to any exchange yet.
Most of us here are long time hodlers and we already accumulated a good number of coins so a heavy crash like we experienced earlier can badly affect our portfolio. Not that computing your losses will give you stress but it will also be a waste of time because as a long term investor, your decision will hardly be affected anymore but you will push what you already started. Like you I also don't use FTX even though I already known them but even if let say I use them, I think I won't be among of those who lost their funds inside it because I am no way of storing my funds in any centralized exchanges. I hope many people will learn their lesson once again, that not your keys not your coins.
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o48o
Legendary
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Activity: 2954
Merit: 1147
Leading Crypto Sports Betting & Casino Platform
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November 13, 2022, 08:35:42 PM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I had something like $0.70 in FTX. I shorted it as a joke with 20x leverage and got around $10 out when ftt was around $5. Then i tried to play with leverage on that and lost it. I was regretting that i didn't deposit more before shorting because i would have make more money in few days then in whole last bull run. Even with that $0.7 have would have now made couple hundred bucks if i had let it run to the ground but it doesn't really matter as i wouldn't get it out anyway.
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Strongkored
Legendary
Offline
Activity: 2870
Merit: 1112
Vave.com - Crypto Casino
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November 13, 2022, 08:51:17 PM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
$0 Because I don't have any funds there, I haven't even used that exchange, but what happened to them still has an impact on the value of other coins what i have, such as BTC, which goes down, but it's not a problem because BTC always has good fundamentals of all the coins that exist. and i got the a new message that "Not your keys , Not your crypto" All custodial wallets such as exchanges or online wallets are not safe, but at least from what is happening right now it provides valuable lessons for you on how to store coins safely and it will be even more useful if you also know what coins are actually worth saving for you.
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WalkerIVIV
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2022, 11:00:17 PM |
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never really invested in this coin if there's better coin out there with significantly more utility like bnb, even though there are rumours that bnb definitely gonna suffer the same thing like ftt token but it seems that could hardly comes true considering I'm sure the professionals behind the platform already thought of these things over and over after this has occurred to ftt token surely they aren't going to suffer the same fate and they gonna anticipate it, after all investing in smart contract coin seems significantly better ideas.
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bittick
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November 13, 2022, 11:38:00 PM |
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I didn't experience a loss on the FTX exchange, it's just that I suffered a loss on the FTT token of almost $ 700, there was a lot of drama at the end, starting from Luna to FTX, sometimes I'm confused about what I can believe, because of this incident I want to withdraw all my assets from any exchange and use them if needed
this is the real reason that diversification is essential, you could never be sure which of the coins are gonna increase and decrease, anticipating it by diversifying definitely could save you from losing your investments in the long term, you see those funds management that manages millions of money, they always diversify and implement the risk management and they are still going strong despite all the crashes, you could see that the diversification and risk management is somehow the key that could make your investments success.
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blockman
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November 13, 2022, 11:51:38 PM |
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None. I trade on Binance but if something goes the same as what came to FTX, I'll pull out my assets there quickly but hopefully that nothing will happen to them close as what FTX did. I want more of CZs transparency since my funds are there but anyway, I don't like his way being vocal as it's really manipulative in the market.
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coin-investor
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November 14, 2022, 12:37:22 AM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I know that FTX is an up-and-coming exchange and they offer almost zero transactions but Binance and Kucoin are the top leaders in the industry and I don't want to trade in an exchange that hasn't proven themselves and I made the right decision of not trading here in FTX, the collapse is huge that it saps the portfolio of many traders, this is another proof that never leaves your coins in exchanges even on the popular ones, don't be tempted to leave.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Silberman
Legendary
Offline
Activity: 2604
Merit: 1360
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 14, 2022, 12:52:42 AM |
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?
my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I have lost exactly zero dollars with the bankruptcy of FTX, I did not had money at this exchange, or any exchange for that matter, and I did not invested in their token either, now I am holding bitcoin and its price went down so you may wonder why I do not think I have lost a single dollar? But this one is easy, as long as you do not sell your coins you have not lost anything, and since I was planning to hold my coins for the long term anyway this bankruptcy has not affected me economically at all.
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bittraffic
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November 14, 2022, 01:25:19 AM |
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I haven't heard FTX until it became the headline of a news. So with that, I say I have not lost anything from FTX collapse. Beside even if I known the exchange, I think I wouldn't have any losses because I always keep my fund in my wallet. I only use exchanges to convert one coins to another coins and withdraw it after the conversion. As one being involved in the cryptocurrency, this "not your keys not your coin' phrase should be the first one we understand when it comes to using exchanges.
FTX is popular. This is the exchange promoted by finance guru YouTubers that I have been watching for years. After its controversy, most comments o thier video is about them promoting FTX and when are they going to be sorry for luring users to FTX. Lost $0. I didn't also see FTX to be a necessary exchange to join since I have binance already however I have read comments from reputable legendaries in the forum where they like it because of zero fees and also they see FTT go way high because they compared it to BNB.
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