Cheap Buy Orders | Bitcointalksearch.org

anjho.ace

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

Every order in a good exchange is legit.
Why they post too low buy order? because there is no good volume movement on the coin.
They want to target weak hands and get more profit.

zenhu

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That pending order will be picked up when someone just deal with thay price, that mean if you make sell order in $300/eth, then the other people make buy order same with your sell order, its automatically you get USD and your coin already sold.

Lauren Smith

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

Sometimes this will happen and the but price is much higher then the sell price. That means people are not willing to let go of the tokens for too cheap and people making offers are trying to get cheap offers and are not ready to pay the buying price. You need to remember that you don't have to use the prices that you see there. You can add a custom buy oreder and maybe meet hald way between the buy and sell price and then wait. Your chances that someone will decide to sell at the price you offer will increase. ALways remember you can make your own offres too. This is how the buy and sell order is filled to begin with.

Red-Apple

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it depends on the exchange. there are a lot of them that are filling their order books with a ton of fake orders just to make it look like as if their platform is popular and has lots of users but in reality majority of those orders are fake and it won't matter as they will never be reached since they place them at such lower or higher price than the market price that nobody could ever reach them. even if they reach, these orders will be replaced.

xOdiumNostrumx

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I am not really sure what the author of the first post is asking/implying, but those low buy orders are just people praying for a big price dip so they could fill their bags. Its completely normal and I dont see a reason those orders would not be "trustworthy".

Bitbtc8

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

If you come across any good buy orders on exchanges dont hesitate,they dont last longer on exchanges because smart traders are always on the watch to take advantages,its another effective way of getting large quantities of coins and tokens at more cheaper rates

binhvo1505

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

yes, it is still a real buy order. you can sell it for a fraction of the cost and make a big loss.
Those are the orders that holders want to buy at extremely low prices when traders dump the price of a certain coin.

Reid

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It depends on the exchange.
Well you could do something about it too.
Once they put it in orders that means they have the coin. They do exist.
So after you buy it and still in doubt then you could send it to your own wallet.
Do not let it stay in the exchange for a long time.
That goes also with every coin even with the trustworthy exchange.

joseyphil82

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

Yes the buy orders are trustworthy and dumpers are the ones selling off tokens at ridiculous prices,buying tokens and coins from dumpers is always the best deals,dumpers always sell off coins and tokens on exchanges for any price they want either the project is an ICO or NonICO there will always be dumps,you can use this idea to built yourself a nice portfolio and sell only when the time is right

saba1256

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airdrop-pepe.art

You will see low or cheap price in new or low ranking exchanges but big exchanges price of altcoin will almost same, you should not deposit in these exchanges because 95% are bot trading in these exchanges, when you will deposit and wants to buy any altcoin you will not get fill order because bot trading at low prices and you can suffer loss .

Koobtcgal

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Acewins.io

I don't know if you meant those orders that have been executed already by reading bots. With them, you will never get them as the bots bought them because it is programmed to work that way. But when it comes to the orders that have been placed by users on the exchange, it 8s legit and if you are willing to buy, it will be exchanged with what you have. There's no way orders in order books can't be bought.

pamsugas

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you should trade in a large volume market. the usual small market order book buyers and sellers prices differ so much that it is difficult to sell and buy coins.

Mang Li

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

sometimes a huge dump will coming in several exchange and touch the lowest buy orders mate
if thats happend, your buy orders will closed, wich mean you will get your coins Wink

retnocintaku

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

If you have any doubts you should not decide to buy, but do the checking. As already happens, you can trust it because every exchange like Forkdelta has a difference with other exchanges.

With you make this post and now you listen to suggestions from others. So you can now decide to make a purchase. Because it is your chance to have a coin at a cheap price.

sukoyomi

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Quote from: dnsokoljuk on August 28, 2019, 08:28:26 AM

If you mean such exchanges like forkdelta - you can placed order with any price there. And yes, you can trust it. If exchange is good - you can trust.

Decentralized exchange have the trusted buy order, because there's never any bot, it's real human that want to buy with low price. because in there it's already like from hand to a hand.

chanler

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mulierum.com

Quote from: flemmings02 on August 28, 2019, 04:16:09 PM

Some of those orders are from trading bots, or traders who just place orders just incase there is a huge dump and they don't have to miss out. The orders could also fake orders set by the exchange, so you really can't tell.

I agree with this statement. The cheap Buy Orders may be made by bots or people who expect for a huge dump. It can be done by traders or the exchange itself. Actually, it sometimes doesn't make sense to get the coins. They may set the rate orders for long term or just hope for the luck.

poornamelessme

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Depends on the exchange. Sometimes little exchanges may have odd orders, usually at negligible volume levels.

Or it could be a coin without a working wallet. I know yobit has had some coins at unusually low prices in the past. And your first thought may be it's a great arbitrage opportunity. Then you check the wallet and see it's disabled. So you'll get the coin sure enough, but won't be able to move it off the exchange.

So if you do go for this, at least make sure the exchange has a working wallet first.

JeromeL

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

These orders usually occur in the event of a trader’s error, when he is mistaken with one or more zeros in price. Such errors are extremely rare. It also sometimes happens that a trading bot, due to incorrect settings, makes a mistake in placing orders, in which case it can cause great damage to its owner.

flemmings02

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

Some of those orders are from trading bots, or traders who just place orders just incase there is a huge dump and they don't have to miss out. The orders could also fake orders set by the exchange, so you really can't tell.

BITDV

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Quote from: Kongxx on August 28, 2019, 04:49:37 AM

In trading exchanges, there are buy orders which offer very far lower prices than the market prices.

Are these orders trustworthy? Will we get the coins we order?

trustworthy or not it's depend on coin it self and also exchange . If you see exchange is trusted, so the problem is with the coin. Some exchange did a bad job to increase their users, i mean they used fake data or fake order.

Topic: Cheap Buy Orders (Read 220 times)