What To Do About Your Cryptocurrency Funds As Prices Crash And Exchangers Stop Withdrawals

It's no longer news that the prices of almost all cryptocurrencies including Bitcoin, ETH, are on the downward trend. The reason for this is not far fetched. 

Couple of days ago, a popular cryptocurrency exchanger FTX was liquidated, leaving investors with nothing and people who stored their Bitcoin and other crypto there could not withdraw their funds. The development made lots of people to start withdrawing their funds from other Exchangers. Hence the crash in cryptocurrencies price generally.

In a similar events, just few hours after FTX issue, some other cryptocurrency exchangers started restricting withdrawals as reported by CNBC. Some of the exchangers include BlockFi, Genesis Trading and Gemini. 

These recent developments have lead to confusion among crypto investors. 

The question now is, how do people store their cryptocurrencies securely in a wallet to avoid losing their funds?

Related post: How To Make Money Daily With Bitcoin (and other crypto) Trading By Yourself

The answer to the above question is not far fetch. You can securely store your cryptocurrency in a hard wallet, cold wallet or in a decentralised wallet ( such as TrustWallet and Metamask). In this way, your fund is safe and you can easily access your funds anytime any day.