Are you putting stop loss ? Think again

in #cryptocurrency • 7 years ago

We all know when Ether crashed from $319 to 10 c on GDAX recently...

Here's few more examples of loses happening due to stop loss and artificial dumps created...

As you can see from the below examples-

  1. Doge went down to 53 satoshi and came back again to 100 satoshi

  2. Similarly Flo went down to 2700 satoshi and came back to around 3400 satoshi

Hence think twice before you put that stop loss.... As it's a crazy crypto world here ...

Happy trading :-)

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#altcoins #bitcoin #crypto-news #crypto
7 years ago in #cryptocurrency by
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     7 years ago 

    The world of the cryptos can be very scary for a newbie crypto trader as no one is there to coach you. You wouldnt know and understand these patterns without a good analysis made by a professional and explained. Im now becoming a better trader by lookijg at various graphs and listening to

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     7 years ago 

    yes.. you have to be careful... it's a crazy crypto world ....

    thanks for the comments...

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       7 years ago 

      yeah must be a real shock to find that you lost pretty much all your Eth in a few seconds, but hey don't use stop losses.

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