Reasons Why The Crypto Dream Is Turning Into A Nightmare
Crypto Storage
These days it’s crucial to know where to keep crypto coins. FTX imploded and took many people’s investments with it because of their misplaced trust. Most experts advocate storing coins in a wallet rather than on an exchange. It appears that the latter is too susceptible to market problems.
They also advise buying well-known crypto coins rather than smaller currencies. This makes sense because nobody knows what will happen with the latter. Even the most established platform and coin can suffer extreme problems. That’s why nobody should be surprised if it goes wrong (via Fool.com).