Firework on Binance US.
Wow... I had not realized this until I saw your post, Paashaas.
A bit strange for me, because of the way that I have been changing around my buy orders in recent times... Actually historically, some members here might remember that last year I had buy orders down to about $9k, but in recent times, I had considered ONLY maintaining buy orders down to the 208-week moving average, which is nearly $17k, but even based on my own moving around of values and even spending some my value, I have only kept buy orders down to $24k and on that particular exchange, I had only maintained buy orders down to $42k (which started at $60k) - so all of my buy orders on that exchange (about 17 of them were filled between $42k and $60k).. cannot really complain... except such surprise filling of all of those orders did cause me to have to reset a number of orders and to consider how I was going to treat this whole matter in order to attempt to get my systems rebalanced... and yeah did mess me up in terms of further overallocating into BTC by filling those extra orders.. but who is going to complain about a discount - when considering spot price, right?
Ooohhhh! You Poor Thing!!!
You Got 42K corn that screwed up all you bot figurations?
Excuse me while I cry you an F'n Mississippi River!!!
Exactly... Poor widdow me.. with first world problemas.
It took me a few hours to get matters reset up again and figure out my own parameters for setting up.. and then after I had set it up (once or twice) rethink the matter and then set it up again - both buy-side and sell-side to make sure that I am comfortable with whatever way the price goes from here.. even given my having had "suffered" such clearing/filling of several (all) of my buy orders in one of the locations...
Of course NOT all the buying was done at $42k.. there was almost an equa-distance between buy orders that I had set for around $1k increments/distance between each of the buy orders, down from $60k to $42k... (actually the first two or three buy orders at about $60.5k-ish, $59k-ish $57.5k-ish had around $1.5k increments.. thereafter they were set about $1k apart from $56.5k-ish and lower.. so the lowest buy was at about $42.5k-ish)
On the other hand, the less gloom and peril part, it was a pretty profitable day.. just by having those buy orders in place.. and for example, if the exchange with the orders down to $24k had been the orders that were hit.. holy moley that would have been quite the even more amazing coincidence - and surely as a few members mentioned these kinds of issues are pretty damned rare on the more liquid of exchanges (the more credible ones) - and yeah Binance US is likely quite a bit less liquid than the main Binance flagship exchange.. ...
Edit (nearly two hours after the original post - so not sure whether I should have reposted this but whatever.. put it in as an "edit"): I am thinking that maybe I should reveal aspects of my various "fixes" too.. especially since I already alluded to the fact that I felt that I had to make a few fixes on both ends.. buy and sell sides.. .. so let me attempt to outline the fixes on both the sell side and the buy side, tersely (to the extent that I can even accomplish that).
First thing that I did was ONLY to reset all of my sell orders from $63.5k-ish to $79.5k-ish on the exchange that was affected..
(more will be explained about this below). The other exchanges had already had outstanding sell orders from $69.5k and above that were in already set in about $3,333 increments.. up to $120k-ish and then they go to $5k increments up until about supra $150k-ish (at this time). All sell orders on the non-affected exchanges had already filled all of their sell orders through about $66.5k (last sell order filled about 1 day and a half ago - at the time of the editing of this post - which is about 3 hours after the original post).. and no other new buy orders had been created, so each of those other exhanges had buy orders starting at about $60.5k and were in the same increments as the BinanceUS exchange except one of them went down to $24.5k-ish, as already mentioned.;. none of those buy orders on the other exchanges have been filled, so far (but I ended up adjusting them, as I outline below)..
Accordingly, when I set the new sell orders on BinanceUS. .I ended up setting them at $1k increments starting at $63.5k-ish and going all the way through to about $79.5k (all the way through noman's land).. All the sells on Binance were to make up for the accidental buying down to $42.5k-ish.. so in essence, if BTC prices go up through no man's land, then everything is resolved once the BTC price reaches the top.. and then goes back to my previous settings... of course, some extra BTC is likely going to be stacked in the process.. I have my numbers in mind about how much extra ends up being accumulated. which probably is about 0.15% increase to my total stash..... and don't call me and kind of complainer if that's how the numbers end up playing out, I have no qualms with that.. but of course, price is more likely to go up and down and up and down, but surely if the numbers shoot straight up, then the rough calculation is about a 0.15% increase to the total BTC stash.
Regarding the buy back orders, I did have my first sell order that was set at $63.5k-ish fill almost right away, so that caused me to be able to have some cash on BinanceUS to be able to set buy orders on BinanceUS at around $2k increments from $43.5k up to $58.3k.. and the last five buy orders from $55k to $58.3k were in around $750 increments (again trying to account for noman's land starting at $55k-ish)....
After setting those buy orders on BinanceUS, I did decide to adjust my buy orders on the other exchanges too.. which largely was cancelling the buy orders between $55k and $60.5k and to reset the increments the same as the BinanceUS account between $55k and $58.3k - even the amounts on those other exchanges differ based on some rebalancing that I had been in the midst of in those other accounts. The reason for my decision to downwardly adjust my buy orders on other exchanges was to account for my own feeling (psychology and financially) being in a feeling of overly bought status (higher levels of BTC than I had anticipated having based on the 17 buy orders getting flash filled).
Thereafter (starting from $57.5k-ish), at this time (after the adjustments), the other accounts have outstanding buy orders going down in about $1k increments (rather than $2k increments on BinanceUS) that go down to $24.5k-ish... I will make buy and sell order adjustments to each of my accounts as the orders fill on each end.. if the buys fill then the sells will get adjusted and if the sells fill then the buys will get adjusted until I ended up getting back into a kind of balanced and feeling of equilibrium place.. (and also a feeling of a wee bit less allocated into BTC) but I feel that the way that I ended up resetting these various buy/sell orders put me back into a state of comfort both psychologically and financially in order to attempt to minimize the number of shits given regarding whether the BTC price goes up or down (at least in the short term)..
But of course, probably the quickest way to resolve the whole matter is just to continue to progress through noman's land up to $80k-ish and beyond.. but who knows whether those are the short-term price movements in king daddy's playbook or not.. even if it seems to be amongst the most likely of possible outcomes, it still might not be much higher than 50/50 odds.. at least in the short-term..
Don't make me attempt to assign odds to which way I believe that the BTC price is going to go.. because after setting orders and making adjustments, it is supposed to put me back to a place of giving few shits .. up, down or whatever.... at least in the short-to-medium-term. I doubt that we are going to be hanging around these parts for very long anyhow, but just in case we do, I am not bothered by that sideways
(if it were to happen), either.
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