Anyone trying to trigger stops is unlikely to be losing money if they have done their due diligence and accumulated part of that ~ 220 000 picked up during the last six months at ~ 3 cents.
That leaves quite a few other reasons to sell cheap. Needing a portion back for quick liquidity or to reposition elsewhere etc.
I actually sold a portion at 11.5 just to round out my BIT holdings for easy calculations.
Just my idle thoughts. Not advice.
Otherwise, pretty good summary. Thanks for stepping it out.
Anyone trying to trigger stops is unlikely to be losing money if...
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