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After Algorand wallet exploit last week - this week Hedera is suffering from an exploit.

I doubt anyone in this community uses Hedera but in case, you do GET YOUR FUNDS OFF NOW!

HBAR is currently experiencing a potentially massive ongoing exploit and TVL across all platforms is tanking as everyone rushes to exit liquidity pools.

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Anonymous

Sometimes I want to throw my hands up and just get out of crypto .. it's so dirty and corrupt. The returns are not worth the risk. I mean honestly, from a risk managers POV how could any professional recommend it? I play with money I can lose, but many don't.

Anonymous

Bitcoin only

Anonymous

This space is Turing into absolute BS.

Anonymous

So Alground and Hederah get exploited and hacked... Solana in beta has an outage and people call it pathetic. Hay James, 3...2...1... Hahaha 😂

Anonymous

Yeah, don't use trash. Play stupid games and win stupid prizes, as they say.

Anonymous

So true. To say it’s high risk is a understatement. I also don’t think that James is as good as he thinks he is. Many bad calls that’s a honest comment like it or not.

Anonymous

James is genuine, I believe that. Crypto (not bitcoin) is just the riskiest asset class there is at this time imo. One thing I don't agree with James on is telling people to plow into focused bets and not diversify more. James knows what he's doing. Most don't know how to hedge like he does with options, leaps, etc.

Anonymous

Algo had a 3rd party wallet hacked and Hedera had a LP pool on some DEXs hacked. Sol had entire network down many times.

Anonymous

Who is good atm? Have to measure by who makes the least bad calls right now 😅

Anonymous

Bitcoin only. You'll sleep well at night knowing you have your BTC in cold storage and not having to trust other people

Anonymous

Probably not the best idea to buy shitcoins/altcoins (IMO) during a potential recession. TMM.

Anonymous

Thanks for the update and I never would hold any of that stuff due to all the great knowledge you and your team share here in this community

Anonymous

Good to know.

Anonymous

Algo and HBar are 2 of the most centralized L1s with ties back US institutional players.Plus MrWonderful likes them both.

Anonymous

Cash on a 5% Treasury is pretty good at the moment. JEPI / ETF I am keeping my eye on for an entry. 12% dividend on $100K will gross you $1200.00 /month much safer than any crypto bet at this time.