orangechicken21
orangechicken21 t1_j3rsp4a wrote
Reply to comment by PureIsometric in Coinbase to slash 20% of workforce in second major round of job cuts by ChocolateTsar
Anything that is not ETH or Bitcoin should be a no brainer on if you should sell or not. I think if these exchanges keep collapsing, the value of those will take hits with waning consumer confidence. I seriously doubt they will go to zero but heavy losses are a very real possibility. Not telling anyone what to do but I would be very cautious with investments in that space over the next 6-12 months.
orangechicken21 t1_jcbfgzp wrote
Reply to comment by ivan510 in Credit Suisse sinks 21% after top shareholder rules out support by fastclickertoggle
Even the Saudi's are pulling out at this point. They do not care where the profits come from. Period. If they don't see any way for this bank to make money it's doomed.