Just Lost Everything In FTX | What Investor's Can Learn

This is what investor's can learn from the FTX collapse.
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The FTX collapse is going to go down in history as one of the biggest financial frauds of our time. But unlike scams like Theranos, which pretty much only affected high net worth individuals, in the case of FTX, it was mostly regular people that lost money, including thousands of people that watch finance educational content here on youtube. So instead of retelling the story of FTX’s downfall, which I’m sure you’ve already seen a million times, I wanted to instead talk about some of the lessons that we can take away from this unfortunate situation, so that we can grow as investors and make better investing decisions in the future.
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Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.