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/biz/ - Business & Finance


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9099057 No.9099057 [Reply] [Original]

A few days ago I went all in on a low MCAP coin.

I was able to buy everything with the first 2 sell orders on the screen and it was pretty reasonable.
The price went up then it went back down to basically where I bought it at.
I want to sell it but I can't sell because there's a low amount of volume and there's barely any reasonable buy orders?

What should I do? Wait a few days?

>> No.9099119
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9099119

bump halp

>> No.9099123

buy more

>> No.9099143

>>9099123
how will that help me

will the volume ever come back?

>> No.9099166

>>9099057
Just set sell orders where you want to sell?

>> No.9099190

>>9099166
but will people actually make the trade?

Most of what I see there is very low

>> No.9099200

>>9099166
>>9099190
also if I make a sell order and leave it for a few hours to a day, wouldn't it manipulate the market and the market would go down?

>> No.9099262
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9099262

bump for a brainlet

>> No.9099361

I know some anon can give me an answer

>> No.9099403

>>9099361
What coin is it?

>> No.9099412

That's the problem with low mcaps, shit liquidity and why going all in on can end you. Maybe volume comes back soon, maybe it doesn't it's a game of chicken between buyers and sellers. Put high sell orders and see what happens in some days or weeks I don't know, enter with a plan.

>> No.9099413

>>9099200
just make smaller ones that can just sit there and be taken fairly easily

just keep readjusting it so it's the cheapest price on the book

eventually the price will go down while you're doing this, but the alternative is never selling

>> No.9099503

>>9099403
blockcat

im probably going to keep holding for a week or so though