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Author Topic: Ever hit sell instead of buy?  (Read 1613 times)
superside (OP)
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April 19, 2013, 03:25:41 PM
 #1

I did.
I sold 120 coins at $80, I intended to buy 300 at 65 but instead I sold 300 at 65. Shocked
Tough blow, now I'm coinless.
Anyone else done this?
Jaroslaw
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April 19, 2013, 03:44:06 PM
 #2

That was just stupid sir. I buy a lot of coins at 55 and sold them at 130. now waiting for another crash Smiley and enjoy my money Smiley
trepper
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April 19, 2013, 03:45:33 PM
 #3

I think I've done quite worse: I've sold at 75€ on bitcoin24....  Undecided
Savior
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April 19, 2013, 03:47:01 PM
 #4

I recommend the classic version of mtgox if you are using mtgox. A lot harder to make such a mistake. classic.mtgox.com
superside (OP)
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April 19, 2013, 04:11:42 PM
 #5

Thanks! Much better!
Hopefully I can recoup this somehow
piramida
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April 19, 2013, 04:27:49 PM
 #6

definitely you can - buy at 65 as you intended and still turn in nice profits Smiley

i am satoshi
superside (OP)
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April 19, 2013, 04:59:16 PM
 #7

Yea, looks like I might have to push back some timelines.
The money is going towards Charities. Right now I'm focused on one called Ozark http://ozarkwaterprojects.org/
My little 4k investment did generate 30k in profit so it's not a total loss. Hopefully by this time next month I'll have enough to fund a few projects in Uganda and Haiti.
For now I'm going to set my buy point back at 65 and hope it gets back there soon. I had a dream that we crashed down to $22 lol.
seleme
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April 19, 2013, 10:31:42 PM
 #8

I did, both on mtgox and btc-e.. wish they had separate tabs for buy and sell.

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Fiery Winds
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April 19, 2013, 10:37:21 PM
 #9

I accidentally placed a sell order instead of a buy, but was fortunate that constant spamming of the Cancel button saved me.
Wuji
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April 19, 2013, 11:07:23 PM
 #10

I haven't done that but didn't something maybe dumber.  I put in a big buy trade and then tried to transfer the coin to a safe wallet.  At the time I was being goxxed for changing a password on an account that was empty before I deposited to it (which is stupid).

Anyway later when I tried again I started over and made another buy talking on the phone instead of trying the transfer.  Luckily the price was low so it turned out to be ok but, I felt dumb and angry for not paying full attention to what I was doing.
MOB
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April 19, 2013, 11:16:58 PM
 #11

I recommend the classic version of mtgox if you are using mtgox. A lot harder to make such a mistake. classic.mtgox.com

Thank you for that!  I have mixed my sell/buy twice before, usually when refreshing the page or re-logging in.
bitrider
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April 19, 2013, 11:26:03 PM
 #12

Yes. I did the exact same thing on Gox. It was late at night or early morning, and I was not fully paying attention. Started my heart pounding when I saw those trades getting accepted and the balances shifting in the wrong way.. luckily things were moving slowly at the time and I just reversed the trade. Lost the commission, but small price to pay for such a stupid mistake. I committed not to try trading without full attention, like I'm driving my car on a hairy mountain road with new snow fall.   Wink
matt4054
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April 19, 2013, 11:33:09 PM
 #13

I did a variation of "stupid mistake" on BTC-TC: I placed a bid for 1 ASICMINER passthru share @ 6 BTC instead of 6 shares @ 1.
I was lucky because the sell order book had asks starting at 1 so I ended up buying only one share at 1 BTC.

Had the sell order book been empty (or at unreasonable prices), and a seller quick enough to match my buy order before I could cancel it, that would probably have been the most expensive ASICMINER share before a long time ;-)
awakening
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April 19, 2013, 11:49:39 PM
 #14

I bought instead of sell one time lol. I waited to a few upticks to leave without any loses from the fees.
superside (OP)
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April 20, 2013, 12:08:50 AM
 #15

This makes me feel better haha, damn mtgox.
I also contacted them on why my 5 mystery coins disappeared from an earlier non transaction. They said they were being ddosed and that the order I canceled went through but was reversed. So they took their 5 coin commission and gave me nothing. They don't intend to fix the issue either, I asked for my 5 coins back and they closed out my ticket. Great customer service
kingcrimson
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April 20, 2013, 12:38:18 AM
 #16

Yes I've done this twice. Screwed me bad as well.....
HappyBitCoinUser
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April 20, 2013, 06:25:54 AM
 #17

Just buy it back real quick and take small fee hit.
wonkytonky
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April 20, 2013, 07:49:10 AM
 #18

happend to me a few times.. stupid me

Whatever. And no you haven’t been in bitcoin since 2010. Plus if you really feel the way you do. Then sell. Have conviction. If not keep pounding sand.
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April 20, 2013, 08:04:47 AM
 #19

Happened too many times... I wish there was an option like "wait 1 minute before actually placing the order" when putting orders in.
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April 20, 2013, 04:26:10 PM
 #20

I am sure you can find a bot which will let you interface the api and issue commands like /buy 100 etc.

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