What Happens if a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt? | WSJ
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- Опубліковано 29 чер 2022
- When cryptocurrency lending platform Celsius froze user accounts amid a plunge in valuations, it sent ripples across the industry and raised questions about what happens to user assets if a crypto platform files for bankruptcy. WSJ’s Vicky Ge Huang explains. Photo illustration: Jordan Kranse
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“Banks aren’t your friends, but I am, give me your money and I’ll make you rich!”
“Hey I lost all your money, but we’re still friends right?”
So true. Banks are not your friends, I am your nightmares. Scam
Don't lend money to friends. It's a good way to lose money and friends.
You should know 18% returns are based on extreme risk. Banks do the same thing, they just have the backup insurance/fed bail out
Right but with banks your money is insured by the fed. With these people your money is insured by scammers.
@@Michelle-po9xy I don't get why everyone's coming up with this 18% percent s**t. People are like it's the average yield one gets at Celsius. It ain't true! In fact rates were actually going down and the averages were around 3 and a half 4ish percent on my portfolio. So what I'm saying is if you know f*** all about Celsius then I think it's better to shut your mouth 😉
Stop spreading the FUD.
"banks are not your friends"
so are crytpos mate
No friends in the money game.
Well said
I'VE BEEN SEEING POST EVERYWHERE ABOUT FOREX TRADING AND CRYPTO CURRENCY, A LOT OF PEOPLE KEEP SAYING THINGS ABOUT THIS TRADING PLATFORMS PLEASE CAN SOMEONE LINK ME TO SOMEBODY WHO CAN PUT ME THROUGH..?
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I didn’t believe that first but this has huge impact *AMZP22*
Amazon going crypto is the ultimate news for not only this coin but every coin there is
Can confirm that they gave me wallet access and loaded AMZ tokens on it, in a few days you will also see it listed
Compared to these crypto grifters, banks are angels!
There are 19k+ crypto grifters. these are called scams and securities. Then there is BTC. It has nothing to do with them
@@liampatrick4465 oh yeah? bitcoin prices are propped up by scams like Tether... without Tether BTC and ETH would be $900.
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Bumped into NFTs Ads on a Crypto video... Are NFTs same as Altcoins or a stock?
NFTs incredibly so good to be true gains attracted you to the Ads. This I am sure of but be careful the NFTs bubble won't last long If you must do NFTs, make it short term.
@Kentucky They are mostly traded on 7784trades amongst co-traders and also on nifty. I don't really know if they are manipulated but I think so.
@@Thompson7888 I know that 7784trades It has a very large clientele. Thousands!!! My friend keeps flaunting her large tradings profit from them. I am gonna laugh at her, the day her so called messiahs absconds. 😂
@frederick higson Same here. I do 24 hours trade too then take my money immediately. I actually invested in Cotps blindly… however they ran off with my money not taking such risk with 7784trades.
Tulip mania.
Back when Bitcoin was in the 50-60k range, there was debate between Alex from Celsius and Peter Schiff. In it, Peter challenges Alex on how Celsius’ business model worked, and how it could provide such high returns with (in Alex’s words) no risk. Quite eye opening, given everything that has happened since.
Yeah. I watched that video. I just laughed at Alex. How can you pay 18% interest without taking massive risk? I think in that UA-cam video I posted comment said Alex is a thief and a liar, which I think got censored.
Red flag. No one can guarantee 18% return. Scammers
When a great innovation arrives every few decades (such as BTC) there will be 10k people who use the model to make fortunes off and also scam...It's just the way of the world. There was the lightbulb, the automobile, TV, Flight, The internet,...and now BTC.
@@custinpham2959 wrong... You can buy a good bottle of whiskey and you get the promised 40%...anything else is a scam
It's crazy how confident in crypto the people are who directly monetarily benefit from you getting into crypto
Celsius: We're not a bank, we don't lend money !
Also celsius: Lends crypto !
This is a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Mrs. Jocelyn Marie for improving my portfolio.keep up with the good videos.
Wow, amazing to see others who trade with Mrs.Jocelyn Marie, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
I got a chance to benefit from her services a few months ago and it has been a very smooth experience.
You invest with Mrs Jocelyn too? Wow that woman has been a blessing to me and my family.
wow!, i see Jocelyn's good deeds is speaking for her, Mrs Jocelyn earned my trust since December last year till now, when my colleague got paid after inve*sting USD 2300....and since then i tried and have been enjoying the crypto money.... lol
I’m new at this, how can I reach your broker?
They don't like the bank and yet they act like a Bank.
Worse than banks. Scammers
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
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Auto Staking
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18% isn't just high for banks, that's high gor basically all investments
Bernie Madoff only promised 10%
Shades of the 'savings and loan' crisis.
This advice never goes out of style: If it sounds too good to be true, it probably is!
The only thing that matches that is US inflation
Does 5%of return can be considered as high return or not ??
Robinhood did something similar when the "Gamestop" stock craziness was happening. One morning I woke up and I was unable to sell certain "volatile stocks" and people lost their money. That showed me these platforms have the power to hold or pause transactions whenever they want. Then when it's time to "cash out" their clients the house does not have enough money to cover the bets. Sounds Shady :)
lol you lying. They never stopped selling. That’s literally illegal for brokerages.
@@Travie68 Robinhood never stopped selling because selling is what pushes the price of equities down. they stopped the BUYING. Which is considered manipulation. there are countless ppl who have gotten compensated from a class action because of what Robinhood did
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
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Auto Staking
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@@MrDoubtful42069 they didn’t want to go bankrupt
Oh, I think I found a human between all the cryptospam bots
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I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
Great to see you guys talking of Paula, i have traded with a lot of individuals but i have never come across anyone as good as Mrs Paula David, just by applying her strategies i now trade independently. She is the best i'd advise any novice in investing to trade with her.
I'm new at this, How can i reach her
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Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
It's obvious a lot people remain poor due to ignorant because of not having the knowledge that forex market is the only profitable investment you can ever think of doing
Well, for 7year now i have trading forex and i know what forex trading have done for me and my family
Bitcoin is one of the most profitable trade that can earn huge profit today and still make you broke tomorrow
You know people after investing on bitcoin because of lack of knowledge those we not sell the bitcoin and get the money into their bank account some of them we store the bitcoin in their wallet instead of selling coin or convert it to USD
Is not about ignorant but due to lack of unprofessional and trustworthy trader No doubts, but they're still good and trustworthy expert out there waiting for an investors
I have said this to many of my
Clients , “don’t say I never warned you.” They laughed at me. Now what ……
Sounds like a ponzi scheme
It just a new kind of ponzi scheme…… decentralized is just a decorative word as lack of transparency.
@@farmerzhuge786 Celsius was a centralized company lol. People got greedy and paid the price. Just like they always do
I like bots and scam leads. I also like applesauce on a warm summer day. Yesterday I went swimming and a squirrel ran along my fence.
That's why it is always so important to read the whitepapers and terms of use.
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Auto Staking
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Crypto has become more fiat and more centralized than any other traditional currency. But instead of a government controlling it…a few, single, very large for-profit organizations control it the vast majority of it. And we’re seeing the effects of that.
absolutely, plus being wasteful, inefficient, and unstable to store, hold, or use.
We're seeing the effects of macro factors affecting the entire economy, of which bitcoin and crypto are merely a part. And we're not really seeing the effects of centralization in a negative way yet. As well, crypto, which is centralized, and bitcoin, which is not, are different. Yet both are getting slaughtered by market conditions, which are affecting the stock market too. And we're seeing the effects of that.
@@dingfeldersmurfalot4560 Over 90% of crypto-related scams last year occurred in Defi
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Auto Staking
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@@dingfeldersmurfalot4560 bitcoin is part of crypto, despite maxis trying to keep the taint of certain crypto projects from bitcoin. It is concentrated in exchanges and among private holders.
Remember that panel discussion with Machinsky and Roubini?
Thank you so much for this enlightening video it has helped me greatly. Many a time new comers are indecisive on how to start when it comes to their personal investment growth. But great investors can provide proper guidance...
True< this is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Mark Maxwell in few weeks this is one of the best medium to backup your assets incase it goes bearish
My growing love for crypto caused me to explore until I came across Mark Maxwell (although I'm trying to avoid sensationalism) he is by far the best. No hype for hype's sake, but great inspiration to trade Crypto.
Wow, you know Maxwell too, he has been helping alot of [people recover their losses from the crash, he's all we need right now. Trading has so much advantages as it is volatile, this is a perfect time to partake in it folks.
I invested with Max too, he understands every beginners intention and fix you to a trading plan that matches your capital.
I never thought I’d see a bank run in 2022, but here we are.
Nice video.
Excellent information. Thank you for staying on top of Cryptos!
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"Bank are not your friend", so let me steal all your money...😂
Interesting...
The OJA Coin (OJX) project stands out from the rest due to the incredible realism of the team
I’m going to say the simple phrase everyone should live by in crypto -
*”Not your keys, not your crypto.”*
Where do I go to find keys
Good. No more Ponzi Scheme
I´m sure the mention of Coinbase in the title is not to cause FUD ;)
I am 45 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Buy index funds if you wanna be safe, though you are probably be better off just going to Vanguard or something for that
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@kathyconway8312
who is your financial coach, do you mind hooking me up?
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"My consultant is *Melissa* *Anna* *Moyer* I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so"
@@kathyconway8312 Found her website online! I will connect with her. Thanks for sharing
That is very true if that will really happen...
WRONG. The deposits people make were NOT marketed to customers as UNSECURED LOANS. They were SAVINGS ACCOUNTS and marketed as such. Thats why their current bankrupcies (celsius atleast) are so sketchy. They lied to customers and mismanaged their funds.
It's even worse than that. The way Celsuis lends and the reason why it could never have enough liquidity in the event of a market downturn, is because of rehypothecation. Meaning they're taking collateral they get for loans and lending that out too, effectively achieving very high leverage on every dollar's worth of crypto you deposit, but also multiplying the no. of dollars of loans they need to unwind every time you withdraw.
You as a customer of Celsuis, are effectively lending to a portfolio that is highly leveraged and holding highly volatile assets, but, unlike normal lenders on wall street that serve such funds, you do not have the ability to issue a margin call on Celsuis. Celsuis decides whether you can withdraw (effectively issuing a tiny margin call) and when you can.
If I stake anything I only do it on binance and I keep my ears open, any signs of trouble I withdraw everything to my ledger or other wallets.
Coinbase or Celsius? I"m sorry, are you under the impression they're similar to each other compared to other services of their kind? Like you do realize you're comparing $6B to -$2B, right? An $8B gap. And you realize there's pretty large differences in what they offer, besides a few minor things in common, right?
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more....
#LuzionProtocol #LZN11
Hardware wallets are important for at least a portion of your holdings of Crypto
BTC keeps dipping below 20K... unless it goes back to 30K Celsius can`t unfreeze accounts.
This ages well
INVESTING IN CRYPTO NOW SHOULD BE IN EVERY WISE INDIVIDUALS LIST, IN SOME MONTHS TIME YOU'll BE ECSTATIC WITH THE DECISION YOU MADE TODAY.
speaking of been successful. I know I am blessed if not I wouldn't have met someone who is as spectacular as Mr James Gifford
I truly agree with you on that,
I must say crypto is the future and with the way Bitcoin is climbing, it's really advisable for people to invest in it now.
Wow, amazing to see others who trade with Mr Patrick I'm currently on my 5th trade with him and my portfolio has grown tremendously, All my financial goals have been achieved since I met James Gifford
Mr James has changed my financial status for the best. All thanks to my uncle who introduced him to me
That's harsh. I think a lot of people are experiencing a rude awakening. So much for the decentralized blockchain bs.
BTC is decentralized. Go ahead and try to change a block. I dare you. No one's managed in 13 years. You are confusing the way ETH and the way other securities work. BTC is not that at all. Totally different beast
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more..
#LuzionProtocol #LZN11
The irony of his shirt in this video is hilarious. 😂
Get your money out of there asap, Coinbase will probably go belly-up.
Keeping your assets in a private wallet off these exchanges is the way to go for sure.
@@OmegaDarkMage What should I use, for example.
@@nelzelpher7158 meta mask, trust wallet, or even coinbase wallet (not their exchange) for example. You could also look into getting a hardware wallet if you don't mind spending some money for even more secure assets.
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more..
#LuzionProtocol #LZN11
Using the OJA wallet will provide you with a safe, convenient, alternative way to store your funds.
It< makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 19` btc from day-trade with Shirley Bagshaw Crypto in few weeks.
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.
Building a good investment portfolio is more complex so I would recommend you seek Bagshaw support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams..
Bagshaw literally saved me, just before the crash she advised me to get out of my long position. I'll recommend her any day.
Due to the resent fall in the crypro market, I don't think it's advisable selling, it would be more beneficial and yield more profit if you actually trade with Shirley signals.
How come people trust crypto currency? They are not regulated or insured. They are not transparency. They don't have any value at all . They need to be regulated.
No
yeah, but what is the point of regulating something that has no value? the whole thing is a 🤡 show.
@@XYZ-bi9eb it has value
That's the stupidity of the whole thing. These people who put money into these crypto coins are duped into thinking that these "regulations" are designed to help banks while in fact, these regulations are actually meant to protect the public in case a bank goes bankrupt.
How do you regulate a pyramid scheme?
sooooo glad I got out of this scene long ago
Even if bitcoin could get banned, I think it's getting harder for that to happen. Enterprise platforms like UnidoEP, Fireblocks, LMAX, etc have been drawing in institutional investors into crypto and that is going to give bitcoin some corporate power to fight governments that want to ban it.
they won't ban it. They are currently trying to refine tax laws and other regulations. Regulations not for your protection so they can figure out how to exploit it like they do with insider trading with stocks. It's here to stay b/c they too will make money off of it.
Doesn't the idea of a bear/bull market depend on your perspective? I feel like this entirely depends on your timeframe. Over the last couple months bear market, Multiple year timeframe bull market. Taken to the extreme, bitcoin is always a bull market. I think this distinction is important to make, namely to help the crypto community break the habit of projecting past market cycles into the future.
@@MatthewVinson This is why being informed pays off. I see any market condition as an opportunity, so far i just dollar cost average. I've accrued just over $61k in Q2 2022 as profits under the guidance of my Financial-Advisor "Theresa Mary Chamblee "I don't pay attention to the day to day movements, Returns have been good. Not retiring any time soon so who cares what happens today?
@@Americanpatriot723 Out of curiosity I looked her up and surprisingly she seems really proficient. I can see she has worked with top notch companies like Fidelity Brokerage Services, I commend this.
It's banned in China. No mining. No transferring assets. Get caught? Have fun disappearing.
I'm interested
Only one problem on Celsius' legal argument -- they didn't have these terms when we deposited our coins to them, they added them after, and they didn't tell us.
Iv been in btc since 2016 and it used to be so much fun till everyone started getting involved and made it popular. People ruin everything sheesh
It should be more fun when more people involved in the crypto space right?
LOLOL...Alex said banks are not your friends, but now Celcius hired Banks to lead to possible bankruptcy...why is he hiding now. before he was saying stupid things on Kitco.
And those who lost money in crypto should not cry and blame and ask for refund...this is a free market, do research invest , win or lose , it's life
these exchanges always hlod your account hahaha, you will never see your $$ again
"What Happens" ??
Ah, The Same Thing As A Trump Casino Going Belly Up ??
One of the major points of cryptocurrencies is that it was supposed to be trustless. Kind of defeats the point when you give your holdings to some organization.
People's greed unfortunately
That’s why you need hard wallets and holding your own keys
Of couse we'll see another down trend, hopefully Q4 will be epic moment for us. Been craving for bull run
I bet everyone craving for next bull run, just a matter of time. It's nice to load more when it goes dipping, here gonna load more XRD
@@achfirdaus_ Glad to see ya there also holding XRD, I think it's better to load more and make it for long run. It may explode later
@@achfirdaus_ Is that promising? Looks underrated for me
@@danielbarb Is that promising? Havent heard it yet as top projects 🤔
@@danielbarb Sounds like a great ideas, it's better to load more. Even later we'll see Babylon out, it may pump XRD hard
What happens is you get f'd - the owners thank you for your deposit haha
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
I think am blessed if not I wouldn't have met someone who is as spectacular as Mr Jeff O'Reilly Has been handling my account for years now.
Wow am shocked someone mentioned and recommended Mr Jeff O'Reilly I thought am the only one trading with him.
@@josephdale6069 You don't need to be shocked, because Jeff O'Reilly has helped me recover what I lost trading myself.
Who's this professional everyone is talking about, I always see his name at top comments on every UA-cam video I watched.
@@marypeggy8172 hello may you please kindly connect me with Mr Jeff O'Reilly . I will appreciate . Thank you
"Banks are not your friend"
*invents unregulated wildcat bank*
FDIC insured for ONLY $250,000 of ur money.
So even legacy banks can’t protect all ur money🤢🤮
Tell me cash app to send you money
Celsius goes against the spirit of Blockchain / Cryptocurrency, so I'm not too worried if they fold. We need to stay to the true meaning of owning the core protocol and keeping the system decentralized.
< The Market has been pretty bad. Everybody is Practically Crying. It keeps dipping. That's what you get when you feel you can navigate the process in your own. Big thanks to Larysa Caba. I'm not bothered with how bad the market is because my assests are insured due to her advice and I still receive my profits >
Having Cr yp to As sets and not being able to make Pr o f its out of them can be very frustrating. Big thanks to Larysa Caba, I make hu ge Pr o f its Tr a d I ng with her weekly.
I think she trades for everybody I know. Met her twice at a conference in Germany, after her lecture I had to personally beg her to be my Finacial Advicer. I celebrate her strong feet.
@@fredrickalfarez6875 wow this is awesome, I'm new at this how can I reach her?
@@kayladove3191 you can reach her Tele
@@kayladove3191 ggrammmmm
Not 'If' but 'When'.
If crypto is determined to be a security then exchanges will be forced to buy SIPC insurance which would solve the problems customers are facing
High yield high interest rocks every time! 😀
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more..
#LuzionProtocol #LZN11
Coinbase is huuuge. Not going to close down…
A scam is always a scam, the only thing is that who got screwed up.
Peter Schiff was right about Celsius.
Didn't Coinbase go public even though they weren't registered as a broker? Isn't that illegal?
You make a big error trying to equate Coinbase to Celsius and 3A. Any simple examination of their business models/activities would make this clear. Coinbase made their bankruptcy declaration, as all other crypto custodians/exchanges had to do, based on SEC requirements.
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more....
#LuzionProtocol #LZN11
This time most of us were really afraid even think about it. Anyway we se that Celsius is not doing well at the moment. I still stick to my the Bitfinex platform, it took me a while to earn enough to be able to trade there but now I see it was worth it
In this video, hopium and playing the greater fool strategy of trying to sell something with no value for ever higher prices are pretty terrible strategies in finance.
What a racket!
No worry because CZ may buy back all of them.
Only do 3%-5% of your portfolio in crypto . Stocks, real estate etc even gold is good but dumping all your money into crypto is just asking for trouble.
You still can’t sell or withdraw XRP on coinbase.
Because it's still in the middle of a lawsuit with the SEC.
@@JJs_playground yes
Wait, so the CEO could just file for bankruptcy and take all the bitcoins and run? Well, if these investors were fully aware of the risks then they've got no one to blame but themselves. The terms were spelled out clearly in the agreement.
Hodling Luzion token alone earns you passive income through their reflections and buybacks mechanism, but I'm actually buying more today to earn cool rewards 💰 #LZN7
Massive 383,125.80% APY
Auto Staking
And lot more....
#LuzionProtocol #LZN11
Well he could do that yes, but he'll most likely live the rest of his life in prison Lol
CHICLAYO PERU 🇵🇪 🤝 CLEVELAND US 🇺🇸 😋
Mt. Gox is going to give its customers money back in August this year those who have filed for their return.
If I wanted to take 10% of my portfolio and place it in "speculative" investments, where would Crypto rank versus buying Stocks-On-Margin options; trading or other derivatives like Futures?
Not more risky but riskier grammar my friends
I can fix this... Easily
Turned out to be a lot worse than most banks
Celsius, coinbase shall go under it is not a question of if rather when. Cryptocurrency is funny money, no real value.
Promised annual account yields up to 18.6%? Risk-free? No way.
Nobody said risk free, and the way they make that $$ wasn’t hidden
Alex was trying to make celsius a unicorn as quickly as possible and exit/sell the business. He was taking mad risk with nieve customers funds.b
Anyone who refers to their crypto as "assets" has already lost. WSJ and other media calling such garbage "assets" should be a crime; such irresponsible mislabeling harms consumers.
Been talking to people about this for months. Those who don't study history, are bound to repeat it. (Bank runs before FDIC)
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online, he doesn't gives stories.
Successful people don't become that way overnight, what most people see at a glance-wealth, a great career, purpose is the result of hard work and hustle over time.
That's very correct and that is why most of them end up losing they money, do lln't be in a haste to invest, Know what and who you are investing to and be sure that the person will deliver
People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way
That's true..But talking of investment! Is there any one who knows what one can invest in and be successful because I really need to invest to avoid rat race during retirement
Many people do know Mrs Stacy Griffin kartner , she's great and her methods are really working for me at the moment
Yeah i know Mrs Stacy Griffin kartner very well, she's indeed an Expert when it comes to forex trading.
It’s not “if” but “when”…
Let's see how good your predictions are.
So Celsius criticizes banks but when they have problems, they go ask banks for help! 🤨
"Not your keys, not your crypto"
APY of 18.6% (or possibly -100%)
The bots on here are dangerous. UA-cam should make commenting like Reddit. More privileged in order to ensure human input. 🧐
Bank of America or Wells Fargo would not survive a bank run either, as they lend out 90% of your money as well. Only difference is, the fed will just print more money for a bank.
Sounds just like when people were exchanging their gold for dollars, and there was " to many people " who were trading back those dollars for gold.
If they don't have enough now, how did they have enough in the beginning. All a big scam
No on the bitcoin code and as cryptocurrency fallows bitcoin as the code no one can take your coins away in this matter i am canceling all access and opperations on celuis and coinbass
5:15 - This is nonsense, Cryptocurrency or Blockchain does not need "protection" or "regulation" because blockchain in itself is already self-protecting. The issue is when people choose not to own the actual hashcode on the ledger and instead buy into risky bets (such as centralized betting platforms that are so called "lenders").