Almost no one understands the utter lack of liquidity in the crypto markets
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Date: January 16th, 2018 12:49 PM Author: sapphire dysfunction casino
the danger, which very few people realize, is the horrendous liquidity throughout the crypto space. a whale selling 5% of the market cap of anything - BTC, ETH, shitcoins - would crash the price utterly of whatever they sold to close to 0.
if we enter a stampede sell situation the websites will crash and people will be left with a steaming pile of shit.
(http://www.autoadmit.com/thread.php?thread_id=3861424&forum_id=2#35168218)
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Date: January 16th, 2018 1:00 PM Author: Overrated Locale Toaster
this is true but barring a real black swan event a price crash in any coin with decent volume will quickly reverse.
i see it more as an opportunity rather than a risk. set low as fuck limit orders and profit like the guy that got ETH for pennies in the flash crash last summer.
(http://www.autoadmit.com/thread.php?thread_id=3861424&forum_id=2#35168317) |
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