Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HYP] HyperStake | 750% PoS | Most Advanced Coin Control Wallet | 6 Themes
by
David Latapie
on 17/12/2014, 02:21:34 UTC
Selling "at market" is a stupid plan. I'd like everyone reading this to read that again. Hell, I'll repeat it. Selling "at market" is a stupid plan. If everyone who has a sell order up would take it down RIGHT NOW and relist at 2K satoshis or higher, do you really think no one would buy?
Easy tactic: Place a sell order at the second topmost price.
Why?
- Sell order for not dumping and what Biomech said
- Second topmost instead of topmost because topmost is used by bot. Second topmost may be used by bots too but less of a risk. You can sell at third topmost too (or even farther away from spread) but I doubt most people have the required patience (like for selling at 2K). Plus, selling consistently reduces volatility.

Update: if you sell order is not processed, don't close your sell order to place a sell order at a lower price. Just wait for you next stake.