cheap KYC or expensive nonKYC - that's the question

[void]

looking at this Celsius leak (Celcius posting now all KYC'ed names who lost money) suddenly some of my decisions from the past don't look that smart (putting aside how much I made of course, strictly speaking about privacy)

how do you guys look at it at the moment from the perspective of an individual investor?
exchanges like Coinbase, Kraken, Binance are super cheap and safe in comparison to nonKYC options that cost you ridiculous 5-20% and have much less reputation

purchasing BTC for 3-4 figures is a way different story than investing hundreds of thousands

 

[Paul77]

Well maybe the question is not investing in to BTC at all? The risks are just to big from both points of view with 6 figures.

 

[void]

Paul77 said:
Well maybe the question is not investing in to BTC at all? The risks are just to big from both points of view with 6 figures.
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you are wrong 🙂

 

[Paul77]

I agree I might be wrong. Its just the risk apetite is not there for me.

 

[boomy]

That's why you want to be very carful with all the new hypes that pop up and close their doors a few years later.

 

[TheCryptoAnt]

boomy said:
That's why you want to be very carful with all the new hypes that pop up and close their doors a few years later.
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many such cases