Bitcoin Forum

Economy => Trading Discussion => Topic started by: btc4peace on May 21, 2017, 05:43:26 AM



Title: Well that was scary.
Post by: btc4peace on May 21, 2017, 05:43:26 AM
Sent $620 of ETH to shapeshift to convert to DOGE.  My 620 magically turned into $533.  WTF timing?
Nope, I sent back and got $602 in ETH... So I only lost fees.

DOGE is rallying again amidst the fear or btc bubble pop...



Title: Re: Well that was scary.
Post by: alani123 on May 21, 2017, 05:46:08 AM
Hah. You stumbled upon a downward spike right at the time you were trading through Sapeshift's fast trade feature? That's why the advanced options there are useful.


Title: Re: Well that was scary.
Post by: btc4peace on May 21, 2017, 05:49:13 AM
Lol yea.  Took a 20% hit but recovered by sending it right back.   On that logic i could earn if i could time it right lol

No thanks.  Scary stuff

Hah. You stumbled upon a downward spike right at the time you were trading through Sapeshift's fast trade feature? That's why the advanced options there are useful.


Title: Re: Well that was scary.
Post by: alani123 on May 21, 2017, 06:01:58 AM
The good thing with the precise "advanced" option is that your order doesn't get swapped to the other currency unless the set price is met at the time of exchange. It's useful at times of volatility but not that fast nonetheless.


Title: Re: Well that was scary.
Post by: Ewox on May 21, 2017, 08:17:03 AM
If I were on your shoe I would panic and curse a lot. Talk about bad timing right? Experienced the same thing when I also deposited a certain amount and was shock while I was computing the difference, only thing to discover it was in a downtrend so bad. Was pissed I decided to just withdraw it and put it in another coin which made me gain back the amount I lost.


Title: Re: Well that was scary.
Post by: gabmen on May 21, 2017, 10:26:15 AM
bad day and wrong timing dude. though good thing you had the presence of mind to re-enter in eth. if I were that, i'd probably leave it there and just eait for the price of doge to hike up again though I may be waiting for some time to get my losses back


Title: Re: Well that was scary.
Post by: Matcuda on May 21, 2017, 11:51:17 AM
bad day and wrong timing dude. though good thing you had the presence of mind to re-enter in eth. if I were that, i'd probably leave it there and just eait for the price of doge to hike up again though I may be waiting for some time to get my losses back
Probably need to have a very good sense of spirit, so as not to respond to the sharp price drops in the market. All of us are already giving good growth but when we see the sharp decline we are nervous, we can do something stupid, but I think it's better to save Bitcoin, despite the fact that the trading exchanges schedule is showing.


Title: Re: Well that was scary.
Post by: 1Referee on May 21, 2017, 12:17:36 PM
Sent $620 of ETH to shapeshift to convert to DOGE.  My 620 magically turned into $533.  WTF timing?
Nope, I sent back and got $602 in ETH... So I only lost fees.

DOGE is rallying again amidst the fear or btc bubble pop...

Doge isn't going up because of Bitcoin. Dogecoin has been (in relative terms) 'undervalued' for quite a long time. Looking at the most popular other alts that have gone up in price considerably, people dive into Doge as nearly all other alts are pumped up to the sky already. It's not only Doge - even dead coins are being pumped up to the sky by people just in order to hit bank. It's really pathetic how far people are being pushed by their greed. It's pure gambling.


Title: Re: Well that was scary.
Post by: Dmitry.Vastov on May 21, 2017, 12:51:15 PM
That's bad because you fall in panic easily. But still you're a lucky man because you just loss only small amount. Panic selling is a bad behaviour tho. Dogecoin for me is just a pump and dump coin. I never buy that coin even from its first appeared on market. Don't tempt on jumping on peak. That's risky.


Title: Re: Well that was scary.
Post by: Malsetid on May 21, 2017, 01:34:44 PM
That's bad because you fall in panic easily. But still you're a lucky man because you just loss only small amount. Panic selling is a bad behaviour tho. Dogecoin for me is just a pump and dump coin. I never buy that coin even from its first appeared on market. Don't tempt on jumping on peak. That's risky.

Me too. Actually I've never tried trading with doge as I've checked the history of this coin and the movement even then wasn't that impressive. There are a few coins that pumped hard this week though I'm reduced to being a spectator due to the fact that I'm holding on tightly to my btcs at the moment as selling time is probably just around the corner


Title: Re: Well that was scary.
Post by: Wintorez on May 21, 2017, 01:58:37 PM
That's bad because you fall in panic easily. But still you're a lucky man because you just loss only small amount. Panic selling is a bad behaviour tho. Dogecoin for me is just a pump and dump coin. I never buy that coin even from its first appeared on market. Don't tempt on jumping on peak. That's risky.

Me too. Actually I've never tried trading with doge as I've checked the history of this coin and the movement even then wasn't that impressive. There are a few coins that pumped hard this week though I'm reduced to being a spectator due to the fact that I'm holding on tightly to my btcs at the moment as selling time is probably just around the corner
Those people who provoke a stir in the financial market, just set on the kind of people who are falling very quickly panic. As I understand it, they force other users to discard their Bitcoin and this already affects the price drop, after that they start buying up everything cheaper.


Title: Re: Well that was scary.
Post by: qiwoman2 on May 22, 2017, 01:16:27 PM
Sometimes it is so easy to panic and then we lose in the panic mode transactions we make. I try now every day to have a calm mind and always believe that with Bitcoin and Altcoins we will always come out on top. I only use Fiat now for day to day living but harldly have any savings in it. Once I need to do something in my life worth while then I would convert altcoins and bitcoin, otherwise, just leave them be and grow and don't look at them too much from day to day, check them all six months later lol.  :)


Title: Re: Well that was scary.
Post by: Cofee.BLUE on May 23, 2017, 04:14:51 AM
Sent $620 of ETH to shapeshift to convert to DOGE.  My 620 magically turned into $533.  WTF timing?
Nope, I sent back and got $602 in ETH... So I only lost fees.

DOGE is rallying again amidst the fear or btc bubble pop...


Well, that is the good thing about dodge these days because you can do short trade with just a minute because the fast changing of the price.


Title: Re: Well that was scary.
Post by: Angel777 on May 23, 2017, 09:11:35 AM
Trading is scary when you dont know how to handle it.It is scary too when you get bankrupt.Because you might lost everything you have if you dont get invest your money and you dont have bitcoins anymore.


Title: Re: Well that was scary.
Post by: kidoseagle0312 on May 28, 2017, 08:58:32 AM
Trading is scary when you dont know how to handle it.It is scary too when you get bankrupt.Because you might lost everything you have if you dont get invest your money and you dont have bitcoins anymore.
Yeah, I agreed with you. But why you're gonna do trade without any knowledge about in trading. Of course you need to know first the
basic learning about in trading. Because if we didn't apply it in actual I think that's really scary.


Title: Re: Well that was scary.
Post by: AjithBtc on May 28, 2017, 04:34:14 PM
Trading is scary when you dont know how to handle it.It is scary too when you get bankrupt.Because you might lost everything you have if you dont get invest your money and you dont have bitcoins anymore.
Yeah, I agreed with you. But why you're gonna do trade without any knowledge about in trading. Of course you need to know first the
basic learning about in trading. Because if we didn't apply it in actual I think that's really scary.
Trading and gambling are the best source for bitcoin, but the risk it has got is very big. With gambling luck plays a major role whereas with trading the price prediction based on the market profit the user. With trading even a small mistake leads to big loss. It's good to learn with small funds invested into few coins and know better about trading and then participate actively.


Title: Re: Well that was scary.
Post by: avacadoareg4u on May 29, 2017, 04:05:44 AM
Trading is scary when you dont know how to handle it.It is scary too when you get bankrupt.Because you might lost everything you have if you dont get invest your money and you dont have bitcoins anymore.
Yeah, I agreed with you. But why you're gonna do trade without any knowledge about in trading. Of course you need to know first the
basic learning about in trading. Because if we didn't apply it in actual I think that's really scary.
Trading and gambling are the best source for bitcoin, but the risk it has got is very big. With gambling luck plays a major role whereas with trading the price prediction based on the market profit the user. With trading even a small mistake leads to big loss. It's good to learn with small funds invested into few coins and know better about trading and then participate actively.

Trading and gambling are the best 2 ways to make a steady income with bitcoin. You can do signature campaigns as well but you will get paid very little for the work you do. Trading has limitless potential but it has a high skill requirement. if you dont meet that requirement you will lose money instead very quickly.