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I’ve said this forever. And it’s usually followed by “I’ve always been a smart man.” But people in crypto are the definition. For literally nearly a decade major exchanges have gone belly up. Over 134 since 2014.
https://coinjournal.net/research/failed-crypto-exchanges-completely-vanished/
But yet still, as FTX folds I slew of top posts “I trust Coinbase.” “I trust Binan” “I trust kraken”
Most people just don’t, won’t, get it until it happens to them.
P.s I have most of my coins in my Trezor. But admittedly about 10k still on Coinbase. But hey. I told you from the start I wasn’t a wise man.
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