Post
Topic
Board Trading Discussion
Re: Strange question.
by
gunhell16
on 08/10/2022, 07:02:00 UTC
I have a question. Suppose Bitcoins price is now $20000 and i have 1 Bitcoin. And i want to sell my bitcoin but accidentally i put the selling price at $2000 and confirmed it for sale. Then what will happens next? I know how buying and selling works on exchanger. In order to sell something someone have to buy it. But what happens if there are no buy order at $2000.


Forgive me if i say something wrong. I didn't try it on exchanger because of the fear of losing money.

That has happened to me it will be eaten immediately in less than 1 second. And if that happens to you, all I can say is that you will lose 18k$ immediately, and I think there is a bot that is already set for such a thing. There are so many traders all over the world that no one cannot see that.

That's why if you think that you can get it back, that cannot happen because the mistake is not in the exchange but in how we set it in the sell order.