Not a good day at the coal face for the mined one 1 Feb
Now fallen over 9% on the day at $9165 on Bitstamp after breaking down through $9500 and triggering further falls. Currently nudging back up to $9300
Lowest level since November, and worst monthly performance in January since Jan 2015.
On-going concerns over regulatory intervention, a ban by Facebook on cryptoccy advertising and a reality check still playing out since the $20000 highs in December
As an old git I'm curious. How did the longs actually realise a cash profit at the highs, or en route, or did the introduction of the futures market provide the escape route? I'd love to hear from cryptoccy longs as to how they managed it.
A profit is only a profit once you realise it. Same for a loss ofc
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