Greetings everyone, although I know we are in severely bad times after the collapse of FTX but we should remember that this is a bear market these things are the main cause of bear markets. You won't be surprised to see this if you are familiar with the Mt.Gox collapse. This is why it is said that in financial markets, knowledge is a different thing, and experience is different. the more time you spend with the market the better you can understand it and the more you would be learning. The experience here provides the things which you cannot learn from videos or courses or books but rather from the quality time you spend with the market.

Do you think SBF should be forgiven?

• No

This is my personal opinion and it's not just FTX or so-called SBF that has destroyed people's money, and their savings but rather made the words wrong of one of the biggest and most influential investors out there, Sir. Kevin O'Leary. Check his words out here:

• https://twitter.com/i/status/1590893993616883712
  If you do not want to watch the video then you can read the words here: "If There's Ever A Place I Could Be, That I'm Not Going To Get In Trouble, It's Gonna Be At FTX"

This is what he said, you see?

He filed bankruptcy chapter 11 for both FTX and FTX.US and check the nest post in his thread.

Sorry!?

Do you think you can recover?

Personal opinion here: Remember SBF is having well, powerful political support so still remember that he is not finished yet like Do Kwon although Do Kwon is not yet arrested still there is not, even any rumor about him that he is politically supported case of SBF, he is. Giving $50 Million to the party for elections, dude what the fuck!?

If he cared about customers he obviously would not have done that, if you read the comments right now you would be reading mainly 2 words, "Fuck you!"

Yes, there is an exclamation mark lol.

Here is another thing I have for your entertainment: https://twitter.com/BTC_Archive/status/1591019138520354818?s=20&t=4u8yAVvpBKVDSsXQfDr1Aw

A question arises now, WHY THESE THINGS WERE NOT AVAILABLE OR DISCUSSED BEFORE THE CRASH?!

• The answer here is really simple because no one cared, it's just like this my teacher gave an example: When the electricity bill comes normal (as we expect) then we do not tend to check the bill any further and just pay our bills but when the bill comes higher than it should or more than we did expect, in that case, we do check every minor details, where the electricity was most spent, how many units some calculations and many other things. What does this explain to you?
  When we feel something is wrong then we see what is wrong with that but if something is going well, we never see anything negative. There can be millions of other such examples related to this and I do not know if this example makes sense but I feel this is the simplest way to explain what I want you guys to get explained by me and I hope I am successful at it. Like SBF, I apologize if you find something stupid here haha...

FTX Hacked.

Rest I hope you have understood that you should always see negative things in positive things IN A FINANCIAL MARKET and I hope you must have enjoyed reading this post and also must have attained value from it. This is not financial advice and rather just my opinion being shared for entertainment purposes. Keep having fun with a phenomenal rest of your day!
SANJAM

Posted Using LeoFinance ^Beta