andygoeswild (OP)
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August 12, 2020, 04:22:17 PM |
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Hey guys.
I placed a order on an altcoin 7 days ago. Is there no way to see how far in the queue I am? Like seeing if I'm getting my order completed soon besides from % filled? This is on Bittrex. Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Sorry for bad english.
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Potato Chips
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August 12, 2020, 06:20:19 PM |
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It should be highlighted in the order book so if you scroll enough you should be able to see how many/much are above you. But the market can change anytime so what you see before going to bed could be very different when you wake up.
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babygun
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August 12, 2020, 06:21:39 PM |
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Hey guys.
I placed a order on an altcoin 7 days ago. Is there no way to see how far in the queue I am? Like seeing if I'm getting my order completed soon besides from % filled? This is on Bittrex. Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Sorry for bad english.
I suppose that you put in a limit order to buy this coin? Normally, when the price hits that level it should be executed if the volumes and liquidity of the coin is high enough. If you don't want to wait, put in a market order. In this way your order is executed immediatly at the market price.
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Lorokan
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August 12, 2020, 08:25:21 PM |
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Hey guys.
I placed a order on an altcoin 7 days ago. Is there no way to see how far in the queue I am? Like seeing if I'm getting my order completed soon besides from % filled? This is on Bittrex. Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Sorry for bad english.
Well, situations like this goes one way in my mind. I feel like you have mixed up the the number of 0 digits in your buy order, because normally once your sale order or buy order clicks and exceeds, your order should have picked up. So check your buy order decimals.
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logfiles
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August 12, 2020, 09:07:35 PM |
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Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Happens all the time with very low value coins/tokens (coins/Tokens that cost below 100 sats) and have a very high volume of coins/tokens in circulation. So in this case the volume of the asks and bids in the orderbook is so high, most in hundreds of millions of tokens so once you place your order. It will take several days before it gets filled by someone. Avoid placing asks and bids on such tokens if you are planned to do quick trades.
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Reatim
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August 12, 2020, 09:23:51 PM |
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Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Happens all the time with very low value coins/tokens (coins/Tokens that cost below 100 sats) and have a very high volume of coins/tokens in circulation. So in this case the volume of the asks and bids in the orderbook is so high, most in hundreds of millions of tokens so once you place your order. It will take several days before it gets filled by someone. Avoid placing asks and bids on such tokens if you are planned to do quick trades. The point that there are many same order value before you makes it more hard to see if you already nearing to complete your orders. Most of the time it take longer if the coin ain't moving or just doing the same up and down, and also, if there's a bot that placing that order above you. You need to decide if you already losing your patience and you think that there's a good movement for this coin, you can cancel your position and take the current buying price.
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Nellayar
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August 12, 2020, 10:31:49 PM |
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There are two options in placing an order:
You can place it in a position or you can buy/sell the orders of other traders.
In positioning a trade, you should also have an idea or plan that the price will hit it or else your order may not be filled. This is the main advantage of a pro trader, he knows already when the price drops and explodes. They are so called positional traders, they place an order that they know, it will be the bottom or high price. But an amateur trader can buy instantly so that you should be left by the train.
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August 12, 2020, 10:32:35 PM |
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Most of the time it take longer if the coin ain't moving or just doing the same up and down, and also, if there's a bot that placing that order above you.
You need to decide if you already losing your patience and you think that there's a good movement for this coin, you can cancel your position and take the current buying price.
Yeah, it sucks. I wish OP could tell us what coin/token he's trying to trade in so that I can check it out personally. I remember facing the same problem when i was trading NPXS in Binance and it was pretty much in the same price range as OP's coin/token. The 1 sat difference between the buy and sell orders looks profitable and irresistible especially if the buy and sell order prices are in the range of 10 sats and below. This means that the percentage price difference between the buy and sell orders is 10%+ I think what OP is trying to do Is what i tried to do sometime back. Try to play safe and place a buy order(bid) and then wait for it to get filled and then afterwards place a sell order (ask) and also wait for it to get filled, once filled, that's a clean 10%+ profit without much risk because such tokens/coins selling at that price are rarely volatile. The price is almost stagnant. So, if he decided to sell at the current buying price, he will in fact be making a loss which I don't think was in Op's mind. The problem is the number of buy and sell orders in the same price range by other whales so the order can take more than a week to fill up and worse if the liquidity of the token/coin is very low.
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andygoeswild (OP)
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August 12, 2020, 11:03:57 PM |
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Alot of nice answers. Thanks.
Is there any possible way to see how much 1 satoshi is in quantities tho?
I have a order for 8 million coins(quantities) so I guess I just have to wait a while...but it makes me wonder how many quantities equals to one satoshi, since it goes up and down so much..
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Natalim
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August 12, 2020, 11:08:24 PM |
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Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Happens all the time with very low value coins/tokens (coins/Tokens that cost below 100 sats) and have a very high volume of coins/tokens in circulation. So in this case the volume of the asks and bids in the orderbook is so high, most in hundreds of millions of tokens so once you place your order. It will take several days before it gets filled by someone. Avoid placing asks and bids on such tokens if you are planned to do quick trades. The point that there are many same order value before you makes it more hard to see if you already nearing to complete your orders. Most of the time it take longer if the coin ain't moving or just doing the same up and down, and also, if there's a bot that placing that order above you. You need to decide if you already losing your patience and you think that there's a good movement for this coin, you can cancel your position and take the current buying price. This is the best solution, if you can't wait, take the buy order. I'm wondering what coin/s you are trading and what site, if this coin has a very low volume, the problem you face would likely be the scenario of the game.
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Ryker1
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August 12, 2020, 11:15:59 PM |
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Alot of nice answers. Thanks.
Is there any possible way to see how much 1 satoshi is in quantities tho?
I have a order for 8 million coins(quantities) so I guess I just have to wait a while...but it makes me wonder how many quantities equals to one satoshi, since it goes up and down so much..
Well, you need to multiply your coins to the 1 satoshi and the answer is the profit you perhaps will take. This perhaps a shit coin you will gonna sell. All you have o do is wait or if you cannot wait just adjust your bid in a lowest price or buy the current price. The problem is there is a bot trying to always place their bid above you. I also experienced the same as you, but most commonly I placed into high bid and forget for a while. The coin that newly listed in a certain exchange have a less liquidity, sometimes we cant think that it is manipulated by the bot.
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TimeTeller
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August 12, 2020, 11:19:59 PM |
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Alot of nice answers. Thanks.
Is there any possible way to see how much 1 satoshi is in quantities tho?
I have a order for 8 million coins(quantities) so I guess I just have to wait a while...but it makes me wonder how many quantities equals to one satoshi, since it goes up and down so much..
Can you give the name of the coin that you are referring here? Sorry, but I don't understand what you mean by how much 1 sat is in quantities. If you don't want to wait, just like what Natalim suggested, just buy the coin instead of waiting to complete your order. A simple math will help you in calculating your profit though.
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andygoeswild (OP)
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August 12, 2020, 11:25:03 PM |
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I am talking about reddcoin(RDD)..and sure I can buy at market price right now, but its gonna be a whole 8-10% loss if I buy at 12 satoshi instead of 11..x) even tho its better to buy at 12 now if its suddenly moving up..but its being stable at 11-12 for a while..and stable low aswell xD
Okey, but doesnt it queue up orders? Its not like if a bot is buying less coins than me he gets first in line?
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chaser15
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August 12, 2020, 11:32:12 PM |
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So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Can you provide us the screenshot of the order book? Try to include all details such as your pending orders and all orders. Include also the chart as maybe it not really hit your price target.
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BitMaxz
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August 12, 2020, 11:52:07 PM |
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Alot of nice answers. Thanks.
Is there any possible way to see how much 1 satoshi is in quantities tho?
I have a order for 8 million coins(quantities) so I guess I just have to wait a while...but it makes me wonder how many quantities equals to one satoshi, since it goes up and down so much..
Since you already mention that the price of the coin is around 11-12 sat (sample the price of the coin is 11) you can only get 0.0909090909090909(Coin name) according to the calculator. 1÷11=0.0909090909090909 So you can only get 0.09 of the coin per 1 sat. Take note you must be aware of the trading fee so if you are going to buy that coin in the maximum you can get the number of coins minus the trading fee.
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andygoeswild (OP)
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August 13, 2020, 12:04:36 AM |
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9 090 909,090909091..should be the right answer then, since the coin is worth 0,00000011 satoshi.
9 million coins up to make it go to ,12 satoshi...
and with all of these up and downs lately I dont understand how it can not be executed..it says that there is 159million quantities(17,5500 btc) that is wanted to get bought on ,11 satoshi..(was around 200 when I first added my order. No idea where in line I am to those 159 million..)
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cheezcarls
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August 13, 2020, 03:58:02 AM |
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Hey guys.
I placed a order on an altcoin 7 days ago. Is there no way to see how far in the queue I am? Like seeing if I'm getting my order completed soon besides from % filled? This is on Bittrex. Thing is, the coin is moving up and down 1 satoshi all day long for 7 days and I'm not getting my order completed.. I want to buy on 0,0000011 satoshi..and it goes from 11-12 all the time..
So basically..is there some sort of way to see kinda how far away it is for my trade to go in?
Sorry for bad english.
Are you buying or selling altcoin? If you are buying an altcoin, you should bid higher than the other bidders so that you will be the first in line to have your order being sold by an interesting seller in the exchange. Unless if they are bidding higher than you, they will be the first in line. There's no timetable on when your order will be filled, which depends on the liquidity and trading volume of that altcoin.
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GreatArkansas
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August 13, 2020, 07:07:51 AM |
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and with all of these up and downs lately I dont understand how it can not be executed..it says that there is 159million quantities(17,5500 btc) that is wanted to get bought on ,11 satoshi..(was around 200 when I first added my order. No idea where in line I am to those 159 million..)
Maybe because, in the price you placed, you are the last person who placed order on that price and after few orders, the price pumped again so even the price dropped to the price you placed, it still not means your order will get executed, unless you are the first to place order on that price before. But if you see in trade history and price dumped below on the price your order, and for sure your order is has already executed.
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naikturun
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August 13, 2020, 03:02:08 PM |
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I think you have to estimate it manually, or how many people are queuing up at the same price you put before you placed your order, so you can predict when your order will turn out when the time comes.
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semobo
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August 18, 2020, 04:27:46 PM |
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It means you placed order on a coin which doesn't have enough trading volume, normally it won't even take minutes to complete order whe you are exactly buying for the current trading or selling price but if there are more trading orders with the same number then it take minutes or barely an hour, only you need to wait if you set the price too low from the current selling price.
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