It seem's obvious to me that GDAX is trying to prevent this huge correction in the market. If they bailed out all the margin traders and stop losses, why would they allow for another event to happen days later when they CAN stop it? Every time a major support level get's broken GDAX crashes, it's no coincidence. First at 250 now at 230.
Have your limit orders set just above the support levels! I wouldn't get your hopes up on another flash crash ever again. This kind of third party intervention kind of is against what crypto currency stands for. It sucks not being able to buy the 2300 Bitcoin right now this is horse shit.
Please share your thoughts.
It's messed up. Good read. Followed.
Followed you also!
I made out like a bandit yesterday, started with 7 ETH in the morning, finished off at 3am last night with 9.6 ETH. Wake up this morning to my phone getting blown up SELL SELL SELL from one of my buddies. Thank God I sold at $258.
I should not have assumed the break earlier bought in at 251 and more at 230. Please follow will be posting important crypto information! and other stuff :)