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>everything crashing
>rush to bittrex to liquidate bitcoin to USDT. plan to sell at market rate and then bu back in minutes after to average down losses and then just HODL
>bittrex slow as fuck but manage to finally get sell order in
>fills immediately just over 4000
>place buy order around 3950
>market instantly (and i mean instantly) shoots back up over 4200
it made a $200 jump in a matter of SECONDS after I made my sell. i swear to god why does this always happen to me. i'm sure it will go back down again judging by other exchanges, but what the fuck
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>>3392698
Did the same mistake you did last week. Lost over 1k USD. Learned to never chase pumps and dumps...
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>>3392698
Because you have no trading plan. Sounds like you just panic sold
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you literally just described a panic sell.
gg weak hands
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>>3392750
i just can't get over how if i would have waited a mere 6 seconds before hitting that button, i would have been able to sell for 200 more.
6 seconds.
it's almost a 5% difference. fucking worst luck in the world
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>>3392767
i had a plan and i am still sticking to it. i believe the market will continue to go down today. i am simply sour because it had a sudden bounce after i sold. very annoying
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>trying to time the market
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>>3392698
I love how the market is full of morons like you.
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>>3392698
and you are fucked
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>>3392818
Well, if you are waiting for a crash to sell, and don't already have predetermined price levels of loss, it sounds like you aren't managing risk properly. I mean that's just asking to lose money considering regulation of BTC by governments is coming just around the corner and big moves usually follow that considering the nature of Bitcoin.
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*sips tea* thanks for your money bro
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>>3392894
>don't already have predetermined price levels of loss
very good point. thank you.
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You're a retard for even trying to trade a $50 difference in the first place
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>>3392957
This.
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FYI cause of marke crash
[08/09/2017 15:48] Ali Katouzian:
I meant 5%
only
https://www.reddit.com/r/Bitcoin/comments/6yv7px/bitcoin_crash_of_8_september_due_to_fake_chinese/
[08/09/2017 15:49] Ali Katouzian:
https://www.reddit.com/r/BitcoinAll/comments/6yv6wl/and_another_china_bans_bitcoinagainan_again_ffs/
[08/09/2017 15:50] Ali Katouzian:
https://www.reddit.com/r/Bitcoin/comments/6yv58t/bitcoin_crashes_on_massive_volume_as_china_plans/
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