/biz/ - Business & Finance

[Anonymous No.51315680]

I just tried to swap BUSD for USDC on KuCoin via market trading and fucking lost $100 doing so

WHY THE FUCK DIDN'T YOU NIGGERS TELL ME THIS WAS POSSIBLE? WHY THE FUCK DO THEY NOT JUST HAVE A "CONVER" OPTION FOR FUCKING STABLECOINS? JESUS FUCKING CHRIST I LOST A FUCKING FIFTH OF MY LUNC STACK BECAUSE OF THIS SHIT WHAT THE FFFFFFFUUUUUUUUUUCCCCKKKK

[Anonymous No.51315712]

what the fuck are you talking about

[Anonymous No.51315721]

>>51315680
damn guess youll have to pick up another shift at walmart this week, that really sucks man

[Anonymous No.51315748]

Usdc is dead and everybody is getting rid of it. Just a warning

[Anonymous No.51315962]

>>51315712
READ MY POST NIGGA, I MARKET TRADED BUSD TO USDC ON KUCOIN BECAUSE THEY DO NOT HAVE A BUSD/LUNC PAIR

FOR SOME FUCKING REASON THE MARKET RATE WAS 1.00093 BUSD PER USDC OR SOME SHIT

THIS TRANSLATED TO TRADING 575 BUSD FOR 473 USDC DESPITE THEM BOTH BEING FUCKING $1 STABLE COINS

FUCK THIS SHIT

>>51315721
I DO NOT HAVE A JOB ANON

>>51315748
WHAT THE FUCK ARE YOU TALKING ABOUT, I HAVE MOST OF MY MONEY IN USDC ANON

[Anonymous No.51317376]

>>51315962
>THIS TRANSLATED TO TRADING 575 BUSD FOR 473 USDC DESPITE THEM BOTH BEING FUCKING $1 STABLE COINS
that sucks man, I feel for you. if it's any consideration you're still super early with LUNC, we're gonna reach $1 by EoY just hold on and don't sell at 1 cent like a nigger. you can still make it anon, I believe in you fren!

also, do you have Terra Station set up?

[Anonymous No.51317807]

>>51315680
>$100 is a fifth of his gamble
Literally never going to make it.

[Anonymous No.51317907]

>>51315962
yea never market trade on an exchange. thats why people put the bait orders at like 15 btc for .000001 incase someone market buys the entire book

[Anonymous No.51318204]

>>51317907
>yea never market trade on an exchange.
isn't the market price usually just the current average price? like if you click "market buy" on some coin, you should be buying it at its current pricing.

[Anonymous No.51318300]

>>51318204
yea and its based on how deep the order book is. while uniswap goes by slippage

[Anonymous No.51318368]

>>51318300
so how can you get bamboozled by bad orders if the average price can't be faked? am I missing something obvious here? like if someone were to put a bait order for 15 BTC at .0000x or whatever, that order would never get processed, right? how can it then wreck unsuspecting noobs?

[Anonymous No.51319904]

>>51318368
ok price is $1
theres 4 current limits placed:
$1 for $8
$0.50 for $8
$0.05 for $8
$0.00005 for $8
you put in a market buy for $32

[Anonymous No.51320261]

>>51317376
I do, might push my LUNC to my Terra Wallet but I think it's safe enough on KuCoin right now

>>51317807
To be fair my gamble was actually like $200 back when shit initially hit the fan for LUNA and I sold half my stack to get my initial back so this is all house money, but still I'm pissed my sui stack got sliced like that

[Anonymous No.51320296]

>>51317907
They just have all fucking stable coins convertable at the click of a button but for some reason BUSD can not be converted so I had to resort to trading $1 for $1 like a retard and still fucked it up

[Anonymous No.51320371]

>>51320261
>I do, might push my LUNC to my Terra Wallet but I think it's safe enough on KuCoin right now
what's your Terra Station wallet address? don't ask why, just post it and shut up, if you ask and I answer jannies will ban us both.

[Anonymous No.51321265]

>>51315962
This may be unpopular advice, get a job you can take it easy in and fuck around with. You know to pay bills/maccas.

Then use what spare cash you have to then gamble on crypto.

[Anonymous No.51323079]

>>51320371
terra1w2kvdnvdc5ktzndctx4vywrh2a9nyk0gvmkfqu

i'm scared anon

[Anonymous No.51323962]

>>51320371
What did you want my address for anon, are you going to scam me?

[Anonymous No.51323972]

>>51323962
He can't

[Anonymous No.51325785]

>>51323079
NGMI