You just missed an Ethereum flash crash to $13.00

It's June 21st 2017 and Ethereum went from about $300 to $13 in a flash.

Wow... that is all I have to say...

I had a limit order in so I'm stoked... but wow. THAT IS Volatility!

So what can we learn from this?

1. If you trade on margin it only takes one shake-out like this to close out your trades (at a loss) without your consent on a margin call.
2. There is real volatility here (which means there is legitimate opportunity).
3. Limit orders could put you in a good spot during shake-outs like this (I had a limit order in for a buy around the current uptrends support - $300).
4. Is it worth putting some limit orders aside to pickup on crazy flash crashes like this?

Hopefully this is all good food for thought.

FYI:

Hive account@bluesky2100 saw this in real time too. Here is a link to his piece on it.

https://steemit.com/cryptocurrency/@bluesky2100/usd13-eth-and-coinbase-down-again