Baron's Crypto Trading Journal

Your comment in regard to your account is not entirely correct.
  • You bought in total for $115,078.71.
  • The actual value of your account is $36,577.36.
  • So if your account would have been lost, you would have been responsable for a loss of $78,501.36 and FTX would have been responsable for a loss of $36,577.36.
So 68.22% of the loss would have been caused by you and 31.78% would have been caused by FTX.
I guess the Captain Obvious moniker was already taken wasn't it?
 
I'm still holding the family tulip bulb collection.

Waiting.

My son told me that if I leave it to him in my will he's going to plant them and then mow them down before they bloom.

Waiting.

They are perennials, they will just keep coming back. ;-)
 
Dear BlockFi Clients,

As always, we want to provide important updates to you about our business as transparently, empathetically, and quickly as possible.

We are in the heartbreaking position of sharing the following news with you:
1. We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, found out about this situation through Twitter. Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate business as usual.

2. Our priority has been and will continue to be to protect our clients and their interests.

3. Until there is further clarity, we are limiting platform activity, including pausing client withdrawals as allowed under our Terms. We will share more specifics as soon as possible. We request that clients not deposit to BlockFi Wallet or Interest Accounts at this time.

4. We intend to communicate as frequently as possible going forward but anticipate that this will be less frequent than what our clients and other stakeholders are used to.
 
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