Post
Topic
Board Altcoin Discussion
Re: Crash in Trading
by
Kasabus
on 12/02/2021, 13:41:25 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.

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?
You can make multiple selling orders if you will notice if that selling in bulk never works. It is common sense, anyway and as a trader, we always find a way for a fast transaction because prices move every second and we need to catch the better price before it crash.
Quote
Did anybody lose because you could not sell off all the coins in time before the crash?
this is certainly be going to happen if we experience delays in placing the order.

There are some factors affecting why it is hard to sell in bulk because that coin has slow-moving, there is no huge trading volume. But if we are trading the leading currency, that be instantly filled.