Viewing a response to: @hatchi/re-guideprepper-all-crypto-currencies-suffer-huge-drop-after-exchanges-cyberattacked-20170615t085432627z
The one problem with crypto currency that I see is there is no way to short it like in a normal forex market. Most people don't realize that it's the short sellers who actually smooth out and cushion declining markets. How? Because they buy to cover on the way down. In fact, sometimes the shorts are the big buyers on the way down and they actually put in a bottom..... Thanks for the comment! And your support.
author | guide.prepper |
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permlink | re-hatchi-re-guideprepper-all-crypto-currencies-suffer-huge-drop-after-exchanges-cyberattacked-20170615t091532483z |
category | bitcoin |
json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
created | 2017-06-15 09:15:36 |
last_update | 2017-06-15 09:15:36 |
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root_title | "All Crypto Currencies Suffer Huge Drop After Exchanges Cyberattacked!" |
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hatchi | 0 | 1,613,154,483 | 100% |