As poor as the sub might be sometimes, if you know how to filter out the unnecessary and at times plain bad information, this sub could really save you from a bad situation.
Prior to the Celsius collapse, there were users and posts on this sub like Celsius is insolvent, remove your funds and Celsius is high in debt among others that were posted just weeks before the collapse. These two managed to be well perform well with 2k and 800 upvotes each.
Prior to the Terra collapse there were posts like Explain why Luna/Terra isn't a scam and Is Terra A Ponzi posted just 2 months before the collapse among other posts. Both of these were well-received with hundreds of upvotes.
Even Voyager, which was nowhere near the high-profile name it is now post-bankruptcy, saw it's fair share of criticism here. Voyager stock down 97%, they may not survive among other posts that questioned Voyager's high USDC staking rewards, their poor customer service and the old robbingRobinhood trick of feeless trading but having very high spreads and transfer/withdrawal fees. There were also posts warning of questionable business practises of Voyager that they outlined in their TOS. These TOS statements very much mirrored the TOS of Celsius where they claim right and title to your funds.
We all know what caused the most recent crash and SBF routinely receives a lot of bashing from this sub. Before withdrawals were (shadow-)frozen there was a HECK of a lot of warning the day before to remove your funds the day before. Quite a lot insisted that it was our own panic causing the bank run and withdrawal issues but many more people erred on the side of caution and said it's not worth the risk. And it clearly was not. It reminds me of a previous statement by the SBF: Some exchanges are secretly insolvent. Self-snitch?
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