The day Ethereum fell 99.9% in seconds
Imagine that you have in your hands a coin that is worth more than 300 dollars. By the time you finish reading this paragraph, it is already worth 10 cents. Yes, 10 cents.
This was what happened on Wednesday, June 21, A sales order in the multi-billion dollar market caused the price to go in seconds from $ 317.81 to $ 224.48.
And there occurred the 'crack'. From there they began to execute 'stop-loss'. What is that? In the system where you trade with this currency you put a limit to not lose much money.
For example, if your flat was $ 300, as soon as the currency reaches that level the sale is executed and so your tenancy is not devalued anymore.
This caused a snowball that was already growing to become giant, bringing the price of the Ethereum to 10 cents.
That was a crazy moment. Wish I could have bought at 10 cents!
If I tell you what a good opportunity haha
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