Celsius Freezes Withdrawals (Breaking News)

2 years ago
3

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In this video, I discuss the ongoing implosion of the crypto lender Celsius. A few hours ago, they froze withdrawals, and it is likely in my opinion that they do not have enough assets to cover all of their liabilities. If you still have assets at Celsius, there is a good chance that you will only be able to recover pennies on the dollar, if anything at all.

The tide is going out, and there will be more blow-ups and casualties. This is why it is so important to know what you own (I own only Bitcoin), and to hold your own private keys. "Not your keys, not your Bitcoin."

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

Not investment advice! Consult a financial advisor.

My prediction from May 2022 about Celsius imploding:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Celsius pauses withdrawals:
https://twitter.com/CelsiusNetwork/status/1536169010877739009

CEL token tanks:
https://decrypt.co/102715/celsius-tanks-as-company-pauses-withdrawals-citing-liquidity
https://coinmarketcap.com/currencies/celsius/

Nexo offers to take over Celsius:
https://www.coindesk.com/business/2022/06/13/nexo-proposes-celsius-buyout-as-rival-halts-withdrawals/

Kraken Will Freeze Your Bitcoin:
https://www.youtube.com/watch?v=jsM7ldlzj9Y&ab_channel=TraderUniversity

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

What it's actually like to hodl Bitcoin:
https://preview.redd.it/zz2mbbejm9j61.jpg?auto=webp&s=114f43472c28aeab4a9350f9b871854f0ceca3af

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#celsius
#bitcoin
#cryptocrash

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