Calvin Tsai, a crypto investor who lost $1.3 million during the FTX collapse, discusses why he hasn’t shied away from investing in cryptocurrency.
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43 Comments
stupid investor…zero sympathy for giving freaks in the first place money,,…
I GUESS YOU CAPITALIST CLASS WANNABES WHO PRODUCE NOTHING OF VALUE AND PROVIDE NO SERVICES TO ANYONE SHOULD REAP HUGE PROFITS EVERYTIME YOU STICK A MILLION HERE OR THERE OR ANYWHERE. AND IF THIS DOES NOT WORK OUT IN YOUR FAVOR YOU CAN THROW A BIG CRY BABY FIT AND EVERYONE SHOULD FEEL SO SORRY FOR YOU. YOU CAN WHINE AND DRAW FURTHER SYMPATHY GOING ON ABOUT HOW THAT CROOKED CASINO OPERATOR SHOULD BE PUNISHED SO SEVERELY.
Idiots who make their money from buying into bubbles driven by other idiots end up loosing it.
If you believe crypto is the path to great profit you don't understand how the government is funded. Ask yourself why the dollar is no longer backed by gold or silver. The FED counterfeits and bureaucrats spend those bogus dollars for profit and support, The dollar is a poor store of value by design and the public is robbed through inflation. Now ask yourself if there is any profit for the government in crypto? Do you still believe the government will tolerate any attempt to sidestep their little fiat-for-profit "money" monopoly game? I learned long ago that if the price of a commodity can be manipulated it will be and that includes the commodity of money itself. How do you think politicians acquire great wealth? Note: McCarthy is worth $90milion Pelosi is worth over $300 million, McConnel is worth $35 million, Schumer is worth $69 million, and even socialist Sanders is a multimillionaire. I will be delighted to have any of this wrong and thank you for the education! Good luck. (Note: Reeses Peanut butter cups were called penny cups when they hit the market 100 years ago, I bought them for 5 cents in my youth, and today they cost about 80 cents each. The dollar of today purchases about 3 cents worth of goods or services when compared to the value of a dollar in 1922.)
Hahahaha what’s the point of this
The lawyers running FTX now will keep milking what's left until the balance is zero. Costing thousands an hour a couple of years moving paperclips around should do it.
They should change the laws so that account holders get their money first instead of the shareholders i think this would help deter corruption
I want to invest in the chips lol
this is a rich man, who has continuous flow of money even if he is sleeping, he just worry where to put his money earns every minute, that's why $1.3M is nothing for him. well, not me, am just an ordinary tramp working 8 to 5 job….at the moment am done with crypto, as in nada… maybe in the future when i already have $50M when i may start to think to ire-invest back in crypto.
Anyone who bought fake internet money to become rich would have ended up poor in some other endeavor. Don’t blame FTX for poor behavior
He should be made whole by the DNC for the hundreds of millions of illegal funds they received from FTX.
a fool and his money are soon parted
This time FTX crypto currency proved to be very crypto .It was stolen and hidden away in a Bahamas bank .This new generation of millennials were just waiting to be ripped off by a fraudster like Bankman Fried .
They deserve it , so naive thinking they could be millionaires overnight .
Should have bought some gold and keep some cash in the pocket lol .
Plenty of CCP money around. His $1.2M is nothing.
Which country is he from? His parents must be proud
There seems to be a disproportionate number of Chinese top dogs cryptonames in crypto. Gary Wang name is actually Zixiao Wang. CZ is Changpeng Zhao … Hmmm …
There seems to be a disproportionate number of Chinese top dogs cryptonames in crypto. Gary Wang name is actually Zixiao Wang. CZ is Changpeng Zhao … Hmmm …
BTW what is "calvin's" REAL name.?
🤣🤣🤣🤣🤣
This is how a bull market ends. Now we have to go depper until some breakthrough happens that ends this bear market and we don't seem to be anywhere close to that yet.
What is it …?
1000% or 10 000% ….
Now I understand why this young man lost $1.3M ….
A jokester with a fast narrative as an actor
Hard to learn the lesson. Good lucky!
2010 he still studying
If you think the FTX scandal is going to slow down crypto innovation then you have no idea what’s going on. Keep your money off CEXs it’s not rocket science.
Try Getting It Back From The DNC and Biden 👍
FBI/CIA cover Calvin
WRONG HE CAN BE REIMBURSED FROM THE CRYPTO FORCIBLY TAKEN FROM MAGA INSURRECTIONISTS republican SCUM
WELCOME TO CRYPTO WAR VS ALL ENEMY OF USA including ENEMY TERRORIST MAGA REPUBLICANS AND CHINA
BAN MAGA, RUSSIA AND CHINA ban NORTH KOREA too
BAN THE FED AND OPEC FROM THE USA PUBLIC DEBT CRYPTO Too
US 14th amendment public debt validity, including debts incurred for payment of pensions & bounties for services in suppressing JAN 6 insurrection or TRUMP/MAGA rebellion, CRYPTO shant be questioned.
DESANTIS MAGA TERRORIST REPUBLICANS HAVE NO RIGHT TO ANY USA PUBLIC DEBT CRYPTO
BTW THE DOLLAR IS PURE DEBT and PURE PUBLID DEBT, All Value in CRYPTO is PUBLIC DEBT VALIDITY.
14th amendment of usa constitution of USA PUBLIC DEBT VALIDITY GDP.
FED CREATED THE DEBT DOLLAR PUBLIC DEBT DOLLAR WHEN THEY REVOKED THE SOLE GOLDSTANDARD LEGAL TENDER OF USA.
ARTICLE 1 SECTION 10 NO STATE SHALL MAKE ANYTHING BUT SILVER AND GOLD US MINTED COINS A TENDER I PAYMENT OF DEBTS.
"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void."
THE WHOLE IDEA AND TREASON OF CBDC CONTROLLING EVERY CENT OF EVERY HUMAN RIGHT OF PRIVATE PERSONAL PROPERTY OWNERSHIP.
"Freedom and Property Rights are inseparable. You can't have one without the other." – George Washington
THERE IS NO FREEDOM IF FED OWNS THE VALUE OF EVERYTHING YOU OWN THRU CBDC.
If senate allows cbdc we impeach all senate.
Senate must represent the USA citizens freedoms and property rights.
WE MUST ELECT ONLY REPRESENTATION THAT OPPOSES TYRANNY AND CBDC and ensures HUMAN RIGHTS AND FINANCIAL FREEDOM OF PUBLIC DEBT CRYPTO
If you invested in crypto knowing is volatile and risky is sad but if you believed it was safer than fiat money and put all of it you are an idiot.
Just keep your money.
Diamond 💎 hands. Hardcore Chimp.
Bullish long term because "Bitcoin was still up 1000% since 2010"….. very good thesis
Aww. Im so sad your get rich quick scheme didnt pan out.
Inflation eat everything XD Commiunist and hackers are happy XD Virtual money dont exist XD
Democratic’s already spent it
Those who lost money or invented in FTX are either day traders with money to gamble or those who are unwitting newbies hoping for a quick buck.
Sad. Democrats need to give back the stolen money. Like we would!
This News anchor is so out of touch with reality. All the mainstream is. Crypto and Bitcoin isn't broken. People are. These were bad players.
When Maddoff pulled his crap we didn't blame stocks and the markets and try to make the stock market look bad, it was a single player. Did people stop investing in stocks because of inside traders and band players even though Wall Street and the 1% have the advantage?
This guy gets a loss while the person at fault gets a movie scripted about his exploits.
Speculator or Gambler not Investor.
SBF will have a soft landing … it already started.
Invest on people…not on money
Bitcoin is a big scam people.
CCP PAYS BACK??