11/09/2022
As bad as this FTX/ Sam Bankman Fried crypto selloff is it is good in that leverage is being removed from the market. If you buy crypto I’d stay away from the exchanges or even the miners. I’d only buy the top cryptos with a focus on ether or bitcoin and maybe a few others - I would not use leverage. If we get contagion and Bitcoin goes down to $13-16000 and ether gets to $800-1000, that’s probably a good time to buy.