JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 23, 2016, 02:11:30 AM

People are getting liquidated on the way down putting more pressure on an already weak tape, eventually the price will hit a point where buyers will step in and on the way back up we will have less selling pressure to deal with (the leveraged "profit takers" already capitulated)

In a market like this you have to actively be trading both short/long to maintain your $


I am not sure about which charts reflect the changes in the quantity of longs and shorts on Bitfinex, for example.

So my question is whether a lot of the margin longs been wiped off the books, after the current extensive downward correction?