Post
Topic
Board Altcoin Discussion
Re: Crash in Trading
by
eXtremal
on 10/02/2021, 19:44:23 UTC
When we sell altcoins on trading, we may sell in many separate orders. When there are large amount of the altcoin, it is really necessary to do so.
Sometimes the price of an altcoin may plumb so rapidly and suddenly crash. Certainly we want to sell off the altcoin to gain profits before the crash.

But then I discover the difficulty that might be faced when selling large amount.

Did anybody lose because you could not sell off all the coins in time before the crash?

Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?
Mostly i have seen this situation when there is negativity or fud and a lot of people just try to sell quick out of fear or panic so an instant selling pressure is created that can crash or dump the price in no time but also remember that if the fud or negativity is based upon some fake story or rumors the price will quickly recover because wise people will quickly buy the sell orders.