>mfw I see newfags telling people to set stop losses for things like ETH
ETH just dipped down to $13 and back up to $299 in a span of about 20 seconds
Now do you see why we don't set up stop losses?
ETH stop losses btfo
Matthew Reed
Jace Roberts
Or even worse: margin trading. You're just asking to lose absolutely everything.
Oliver Lee
This is how they will learn.
Jaxon Mitchell
Just remember, that was one person who crashed the market. Imagine what will happen when multiple people want to cash out.
Austin Sanchez
where'd that happen? which exchange?
Angel Young
>
John Stewart
>that was one person
It was probably an ICO holder.
But more realistically, it wasn't one person but everyone's stop losses.
A bunch of stop losses triggering at the same time would have caused that.
Newfags don't realize that these things flash to $10 sometimes so they set stop losses at $100 or $150 thinking they're safe. Whales scoop it up. I love this market.
Luke Adams
>coinbase
wow whales actually use that POS?
Ayden James
Did everyone's stop loss get triggered though? I'm pretty sure they didnt
Ayden Campbell
$7 per ETH next year.