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    'Get your money off exchanges' warns Bitboy Crypto after FTX scandal | The Crypto Mile



    #Crypto #FTX #SBF #yahoofinance
    On this week’s episode of The Crypto Mile our host Brian McGleenon again meets Ben Armstrong, aka BitBoy Crypto. This time the discussion focuses on the decimated crypto landscape in the wake of the FTX collapse.

    The influential YouTuber warns investors that now is the time to “get your money off exchanges, there’s no question about that”.

    In October The Crypto Mile interviewed Ben about XRP and the state of crypto amidst stern macroeconomic headwinds.

    It wasn’t long after this episode that he declared that FTX founder Sam Bankman Fried does not have the best interests of crypto at heart. He was vilified for his outspoken views.

    Now that the true nature of Bankman Fried’s Bahamian crypto-regime has been exposed and the corpse of the FTX exchange is being inspected at a bankruptcy court in Delaware, we decided to check in again with Ben to get his latest thoughts.
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    View 25 Comments

    25 Comments

    2. peruvianLorena mogKevish on

      The price of BTC and Fuel declined over 25% and even trade below 16k<. Binance opted out to bailFTX, resulting in an increase in selling pressure… this has caused all altcoins to follow suit at the moment, if BTC fails to recover by the next major support..then a massive lower low is expected. Karen Gauvin Strategy stated her bullish stand on the market regardless of the market volatility and I’ve been able to make over 22.4btc from her insights and accurate daily signals using 3.7btc…staying one step ahead is always rewarding at this time…

    5. TheRumblewagon on

      Placing your cryptocurrency on wallets is akin to stuffing your money into a mattress. What financial advisor would suggest stuffing your money under the mattress?

    11. Jacquelyn Curtis on

      🥰Your charting skills are incredible! Thanks for sharing this analysis. You've definitely been spot on with the big moves, and navigating my first crypto bear market has been easier with your content. Been starting my mornings with your videos and coffee haha. I'm with you on BTC's bottom at 17.5K! It is still a good time to invest in bitcoin and trade because trading is where the money are been made. Thanks to Mr Kayle for he's trade guidance and signal. I was recommended to him by people's testimonies, reaching him was the best decision of my life. I have made over 22.5 btc following him teachings and copying his accurate daily trade signal to my trade with just as little as 3.7 btc. Her trade signal works on daily & weekly time frame too.

    13. El Dorado on

      The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX.

    16. arlene creamer on

      Great information and knowledge. <Starting early is the best way of getting ahead to build wealth, investing remains a priority. I stand to say Crypto-currency and Stock market still remains the best option for now. truth is If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run, that’s why it’s better to trade<I stopped panicking about my BTC the very moment I started working with Bryn Welsh last year, his confidence and skills is on a maximum level..

    18. El Dorado on

      Pull out from cryptos ASAP

      The Bank of International Settlements (BIS), released a report that 65 Trillion dollars in "hidden reserves" held by non US institutions via currency derivatives , is a major potential threat to the entire global financial system.

    21. Don'tCenscorMe on

      The biggest scandal in your life isn't FTX it's CEI. They did a reverse split at a bankruptcy market cap, and then grew over 1000% in value while retail investors got nutted on with no gains. We weren't supposed to notice the 28 mil market cap growing to 1 billion after the reverse split because FTX distracted everybody.

    24. Emperor'sNewClothes on

      in other words he wanted to help out rich friends to protect themselves before he went public LOL jk? Price has went down but it still feels like everyone is still waiting for the bull run to take off again.

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