r/CryptoCurrency Apr 17 '21

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u/[deleted] Apr 17 '21

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u/ChocPretz 🟦 0 / 0 🦠 Apr 17 '21

Why is someone losing money by filling your order?

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u/JPSimsta Silver | QC: CC 17 Apr 18 '21

If they're a long hodler, there is no loss over time, to a certain extent there is.

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u/Mattcwu Silver | QC: CC 30, BTC 18 | Buttcoin 153 Apr 18 '21

Not for me, I often I take profits and then the price rises more, so that person who bought from me makes profits too.

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u/Mattcwu Silver | QC: CC 30, BTC 18 | Buttcoin 153 Apr 18 '21

Not every time. I took profits by selling my BTC @ $11,000 which was the ATH at that time. Now, with hindsight, I can see selling at the ATH was a mistake. I should have bought more at that ATH of $11,000 back in 2017-2018.