The first and most important advice shared by Burniske is to stay as calm and rational as possible. Because of the oversaturation of the industry with rumors and fake news, investors should be as cautious as possible to avoid additional losses caused by irrational trades and investments. At the same time, the former fund manager understands why investors are fearful and says that it is okay to feel scared.
2/ Remain calm, remain rational. Things are rarely as good or bad as they seem. Remember that rumors get out of control in a time like this. I see errors in logic everywhere. Yes, things are peak fear for crypto right now, it’s okay to feel scared, but we will get through this.Thanks to his own insider sources, Burniske believes that industry will become more stable in the future as more clarity will be provided to market participants next week.
still has an $8 billion debt to their own investors who simply deposited funds to the exchange. Reportedly, the exchange was able to collect around $800 million.
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