FTX Incident Hit Hard to the Whole Crypto Market

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Hi everyone, hopefully you are fine and having fun with your family and friend.

Something bad happens Whenever crypto market starts getting onto the right track. Current FTX incident proved very bad as it created panic across the traders following which Markets crashed.

If we go back then we remember that Luna incident in which users lost millions of dollars. Market did crash following the Luna incident. Such bad incidents always impacts the whole market. Its not good for the healthy market.

Everything was looking good and was moving in the right direction and then FTX news hit very hard and took down everything. Outsiders get the chance to criticize crypto upon such issues.

My crypto bags were all green before FTX Drama, and then suddenly everything turned red. I was like oh, what happened. Well, i believe that the crypto projects will take the past incidents as lesson and will not repeat the mistakes of others.

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About Author
@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.

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2 comments
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It's a rough ride. Most cryptos will not have the legs to finish the race. Ethereum, Bitcoin will pull through. Hive should as well since it is a community based coin. Doge will be around because of Musk. Buy when it's cheap sell when it's high. Repeat as often as possible!

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