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Author Topic: .000014?  (Read 77 times)
boyno (OP)
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May 11, 2018, 11:37:03 AM
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I just recently started trading, is this normal? On Binance every time the price starts to drop there is a constant stream of buys and sells at 0.000014, thousands and thousands of the same thing. What is that?
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Shanmatthew
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May 11, 2018, 11:52:50 AM
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I just recently started trading, is this normal? On Binance every time the price starts to drop there is a constant stream of buys and sells at 0.000014, thousands and thousands of the same thing. What is that?

That is the seller and buyer.you can buy a coin that you want in put an amount on how much you buy then how many pcs.but in you're capital its to small to start trading.maybe you can read first how to trade not do the actual trading without knowledge.its hard to understand that if you don't have more information.
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May 11, 2018, 02:30:51 PM
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I just recently started trading, is this normal? On Binance every time the price starts to drop there is a constant stream of buys and sells at 0.000014, thousands and thousands of the same thing. What is that?
Those are buy and sell orders like what Shanmatthew said but if a set of orders are done with the same volume in a repetitive manner, then it probably is a bot buying and selling to manipulate price. Whenever you see one, be careful as it might be a pump and dump scheme. Do not ride the waves if ever you have seen that because someone is more likely to suffer a loss if bought at current price at the time manipulation was done.
boyno (OP)
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May 12, 2018, 05:44:22 PM
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Gosh I know its buy and sell orders. What is meant is why every time .0000014 starts flooding the price tanks hard, really hard. Every dip in the last 3 days is from this. Soon as it stop it goes back up.
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