What brings up this topic?
But it seemed like such a good idea at first
Don't be Surprised folks haha (read on theres an actual here...)
-Well Last weeks crash was somewhat predicted after the massive climb Ethereum had been climbing.
-Personally i relized how up my initial investments were better to pull some out and see how far its going crash in hope to make some gains...
THEN THIS HAPPENS EVERYDAMN TIME? haha
-Ether drops from $411 down to $200 (excluding the unpredicted FLASH crash, which was corrected fast)
Wishful thinking i sold some coin at around $365 pretty excited to buy back at the lower rates.
-Sure enough overtime there is a crash the high volume of sales or buys seems to freeze up the system. But these freezes should last more than a few minutes? hours at longest?
-How come this last drop froze most buys or sales for almost a day???? AM i wrong to think that this is controlled and wrong???
When i knew the crash was coming so i sold, and ready to buy back at the $205 or whatever it was but COINBASE and Poloniex wouldn't allow BUYS... i was pretty bummed i wasn't able to get back in until a much higher rate? I still turned a profit so I'm happy with my trade.
-MY BIGGEST question???
Why would they EVER freeze BUYS? i can understand too many SELLS too quickly could crash the market, but BUYS are only going to make the market stronger! If anything they should always allow Buys and delay sales?
APOLOGIZE i have only been into Cryptos since January, so by no means am i an expert Still learning and STEEMIT seems
like a great place to educate myself? Thx in advance for the entertainment :)
IT JUST SEEMED like such a GOOD idea at the time!
Smile more life is GOOD :D
(u know that Corn video is funny enough for at least 1upvote)