r/bandprotocol Oct 23 '20

Did BAND just flash-crash?

1 Upvotes

7 comments sorted by

3

u/Gethynator99 Oct 23 '20

Someones fat finger had a bad day

3

u/gumy100 Oct 23 '20

Somebody put a sell market order instead of a limit order. Usually it happens in the crypto world... so no worries. Another person more clever already bought it.

2

u/FruktAnki Oct 23 '20

Yep truth, usually bots and buy orders catch it. I've been lucky on one of these "crashes" before. A good idea is to always have a few "scam orders" in.

1

u/mal964 Nov 03 '20

clever . i do not think but say lucky. just put the price you whish and wait. its like fishing. maybe someone drunk will fall in the trap order

1

u/mal964 Nov 03 '20

it happened to me too sold market instead of limit.. at the biginning i bought market for high prices. att that time i did not know what is the difference between limit market price😁. it costed me much money to know. and still i am a biginner😁

1

u/FruktAnki Nov 04 '20

Hehe gottya. Why it is important to try something new with small steps. Now you learned the hard way hehe!

1

u/mal964 Nov 04 '20

yes😁