<Reflection on FTX Bankruptcy>
There are very few people involved in the currency circle who have escaped this storm completely unscathed. Reflecting on it afterwards, I have to be proactive when there are rumors. Taking no action at all is an option with very low expectations.
What’s more, I didn’t expect that I would not be able to get back any exchange assets except FTX. This wave still hurt me quite badly.
1. No one deserves your complete trust
2. The impact of a genius’s screw-up is even more terrifying.
3. Please don’t be dismissive or lazy when there are rumors.
I always think of myself as an old leek. I have never seen big storms and waves, and if I don’t follow them, I will end up panicking...
I've suffered several setbacks this year, all of which were disasters far beyond expectations.