Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
camu6
on 11/08/2015, 16:45:34 UTC
This latest dump was the result of a margin hunter. Someone sold about 1000 XMR under 235 and immediately a trigger order of 11000 dumped to market, this was the result of a long position getting stopped out or liquidated


nothing to worry about here hodlers!

Could also be a stoploss being hit. Anyway, trading on margin is very risky in such a volatile market as XMR.

Yeah that's what I mean, someone went stop hunting just below 00235. I'm fairly confident that the wick to 0026 was the bottom of this dump

smart move to fill the own pockets with cheap xmr!

Now take this as an example.. how easy do you think it will be to recoup those 11k XMR below 0.00235? Near damn impossible in my opinion.