Coinbase Bankruptcy Black Swan
Learn to build your own Bitcoin vault:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
Join the Trader University email list:
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In this video, I discuss the risks of leaving your Bitcoin on an exchange. Your account can be frozen by the government or company, or the Bitcoin can be stolen and there may not be enough insurance coverage to make you whole.
Further, Coinbase has just disclosed that any Bitcoin stored on their exchange could be liquidated and used to pay off creditors in the event of bankruptcy.
"Not your keys, not your coins." Many people are unfortunately going to have to learn this lesson the hard way over the coming years.
Not investment advice! Consult a financial advisor.
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
When the US gov stole all the gold:
https://en.wikipedia.org/wiki/Executive_Order_6102
Bitcoin confiscation poster:
https://twitter.com/YungGucciT/status/1524026245654134787/photo/1
Coinbase SEC filings:
https://investor.coinbase.com/financials/sec-filings/default.aspx
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001679788/89c60d81-41a2-4a3c-86fb-b4067ab1016c.pdf
Brian Armstrong says don't worry:
https://twitter.com/brian_armstrong/status/1524233480040710144
Coinbase bleeding money:
https://coingeek.com/coinbase-loses-430-million-blames-irrationally-pessimistic-customers/
Coinbase financials:
https://finance.yahoo.com/quote/COIN/key-statistics?p=COIN
Prediction of UST/LUNA implosion:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity
UST imploding:
https://coinmarketcap.com/currencies/terrausd/
LUNA imploding:
https://coinmarketcap.com/currencies/terra-luna/
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
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.
#Bitcoin
#Coinbase
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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