Alert! Silver And Bitcoin Hold Steady As Foreign Currency Flash Crash Guts Trillions

“…have your cryptos in your own possession…”

by Bix Weir of Road to Roota

It’s the DERIVATIVES dummy! Volatility in a historically non-volatile market, like the Foreign Exchange (FX) market, is a disaster for the derivative markets! Yes, there will be huge winners…but with every huge winner there are huge losers! THERE ARE MANY DERIVATIVE PLAYERS THAT LOST HUGE IN THE UK POUND FLASH CRASH!!