The whole market is still in shock after the implosion of FTX, and many of our friends have been affected. Our thoughts go out to those who lost funds.
At Waggle, we continue to feel the pressures of the bearish market conditions, but rest assured that Waggle had zero exposure to FTX. Our core team continues to function normally.
Despite some of the setbacks we've all endured recently, we believe there is still a bright future for DeFi and Crypto.
The whole market is still in shock after the implosion of FTX, and many of our friends have been affected. Our thoughts go out to those who lost funds.
At Waggle, we continue to feel the pressures of the bearish market conditions, but rest assured that Waggle had zero exposure to FTX. Our core team continues to function normally.
Despite some of the setbacks we've all endured recently, we believe there is still a bright future for DeFi and Crypto.
Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage account—you’ll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, you’ll need a digital wallet in which to store it. This might be what’s called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
