If the dip continues, your favorite exchange will have trouble with deposits and withdrawals

If the dip continues, prepare to see your favorite exchange having “trouble” processing withdrawals or deposits.

Exchanges are not your friend. Binance will prevent you from withdrawing and Coinbase won’t process your buy order (or vice versa). Don’t be surprised, be prepared.

Exchanges are tools and you should learn how to on-ramp and off-ramp with them, but don’t trust them with your crypto. They are only interested in their upside.

Take custody of your crypto and don’t get greedy, otherwise you’ll find yourself trapped in their giant centralized claws.